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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 374.96+0.2%Nov 19 4:00 PM EST
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From: KyrosL4/5/2018 10:21:50 PM
2 Recommendations

Recommended By
Elroy Jetson
GPS Info

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US-China trade war math (or how Trump thinks.)

2017 US exports to China: $130 billion
2017 China export to US: $506 billion

Most US exports to China: fungible commodities, food, energy
Most China exports to US: consumer goods -- who REALLY needs them?

1)US imposes tariffs on $50 billion China imports -- $456 billion left to tax
China responds by imposing tariffs on $50 US imports -- $80 billion left to tax

2)US imposes tariffs on $100 billion more China imports -- $356 billion left to tax
China responds by imposing tariffs on all remaining US imports (just $80 billion left) -- $0 left to tax

3)US imposes tariffs on ALL of its China imports -- it's fair since China imposed tariffs on ALL of its US imports.
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