Tuesday, February 04, 2025

From Wapo--

China swiftly retaliated Tuesday against President Donald Trump’s sweeping tariffs on Chinese imports with levies on U.S. goods, which are slated to take effect Monday. They include 15 percent tariffs on U.S. coal and liquefied natural gas (LNG), a slew of new export restrictions and an antitrust investigation into Google, according to the Chinese government.
https://www.washingtonpost.com/world/2025/02/04/trump-china-tariffs-trade/
USA will suffer more.
Sundar Pichai (Google)may split from Trump.
So may Bezos--this is the 2nd article--not gung ho about trump in Washington Post.
And just 2 weeks ago trump said:
"America will become an exporting country--drill --baby drill."
Trump imposed 10% increase tariffs
China has retaliated at once--15%.
Really,US cannot afford to mess with China--not only do we buy consumer goods from China, it and Japan hold majority of US debt.
Remember--Trump's undergrad Wharton prof said he was the dumbest student he ever had. It would seem so.
k
2-5-2025

From Wapo--

China swiftly retaliated Tuesday against President Donald Trump’s sweeping tariffs on Chinese imports with levies on U.S. goods, which are s...