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originally posted by: Isurrender73
a reply to: olaru12
a reply to: Edumakated
Good. There are numerous developing nations that would be more than happy to produce cheap plastic # that breaks. China is irrelevant to the US. I would rather see US dollars going to subsidize US farms than be sent to China.
China can’t win. All they can do is kick themselves and push their economy back 40 years which will immediately remove any possible threat they impose on the US from a financial or military standpoint.
originally posted by: TheRedneck
Well, this is unexpected. I figured China would hold out longer than this.
This is an act of desperation. Anyone who understood commerce knew this move would come. It's inevitable. It's also the last step before implementing fair trade relations. If China had any alternatives, they would have simply stayed their course and let the tariffs pull our economy down. Instead, they have tried their last Hail Mary this fast.
They may try one more trick, but I doubt it, and that would be to stop all exports to the US. That is a suicidal move, though, and I highly doubt China will take it.
Well played, President Trump!
originally posted by: OccamsRazor04
a reply to: Plotus
Or to non-Chinese places at the least.
China Stops Buying US Agricultural Products Entirely