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Politics : Formerly About Advanced Micro Devices
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To: ryanaka who wrote (1160947)9/1/2019 11:44:34 AM
From: ryanaka  Read Replies (1) of 1577024
 
Trump is fucking losing it.

"On Sunday, China began charging a 33 percent tariff on American soybeans, compared with just 3 percent for those coming from Brazil or Argentina, Mr. Bown says. On Dec. 15, China will start taxing American autos and auto parts at a 42.6 percent rate, compared with 12.6 percent for those from Germany or Japan.

Those barriers are quickly reconfiguring the global economy. American imports from China fell by 12 percent in the first half of the year, while exports to China dropped 19 percent. Chinese trade with other countries has increased, offsetting some of that fall from the United States."

Trump's trade war will lose America.
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