“China already has 72% tariffs on US pork imports. We should really match them”
I thought about including you on the “You guys will love this” ping, but I was not sure how much of a China Hawk you were on tariffs. Next time.
This could just be the “Bad Cop” applying the heat before the upcoming negotiations, but it gets the idea out there among the business community as well. That will just magnify the rush out of China if this round of talks fails to produce a deal, as more will decide to throw in the towel, if they are looking at 50 to 100% tariff levels.
Insurmountable levels.
Those levels are not actually unrealistic, if/when the Chinese currency enters a depreciation spiral.
Iran won't have an easy alternative for their energy products. The Chinese spied, lied to get to where they are as well as ground through their people. I'm sure their accounting methods are all above border.
China seems to be a big house of cards - this Hong Kong uprising coupled with the tariffs -it's going to be like MCI/Enron on steriods. I wonder if they gonna have rocket man fire off a couple more. They are running out of ideas. In a nation of frustrated only child guys, economic collapse after the death march Deng Xo Ping started them on with GHWB - place is friggin powder keg.
The Chinese people will not be happy going back to plain rice bowls.