Far as I know, this is just going to go back and forth with reciprocal tariffs until there's nothing left to put additional tariffs on. In the meantime, we're going to see huge $$s of market value wiped out on Wall Street.
What's the end game here?
China will run out of items to put tariffs on.
We send China $125 billion yearly.
They send us $500 billion yearly.
Trump is talking about $50 billion in tariffs shortly, followed by another $200 billion in tariffs.
There is a math problem here for China. They can’t put $250 billion of tariffs on, because we only send them $125 billion. China can’t win this battle.
What is the end game? USA wins. China will have to significantly reduce their trade surplus and making changes to their economic policies.
What’s the end game here?
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However it ends, as long as Trump is President it ENDS WITH CHINA HAVING A HUGELY REDUCED TRADE SURPLUS WITH THE US. China doesn’t realized that just yet but TRUMP IS TEACHING THEM.
I don't know, but I suspect Americans will be buying more domestic goods rather than pay high prices for imported goods. That couldn't be the goal, could it? MAGA
“In the meantime, we’re going to see huge $$s of market value wiped out on Wall Street.
What’s the end game here?”
The end game is America with an industrial base that can win the next war, rather than lose and be the slaves of Putin and the chinese.
I read the “Art of the Deal” at university. The endgame in the book summary is “I win, you lose”. Trump knows what he’s doing.
Yep, but the US is in the hole on this, so China (with a smaller economy) has proportionitly much more to lose.
“this is just going to go back and forth ...until there’s nothing left to put additional tariffs on. What’s the end game here?”
President Trump just announced that he won’t go back and forth - if there is another round, he will hit the Chinese 4 to 1. China can not withstand that.
China runs a net trade deficit with the rest of the world combined (they are very dependent on importing raw materials, oil and even food). The whole of their trade surplus, with which they build their military and bully their neighbors, can be accounted for by their exports to the USA.
The end game (if we are in it to win it) almost requires us to choke off China’s profits for National Security purposes, and to defend our allies. We can win a strategic competition against China much easier through trade than through military confrontation.
The first round of U.S. tariffs against China, worth $34 billion will go into effect on July 6. Steel and aluminum tariffs for the rest of the world will be going into effect soon as well, and the total of the rest of the world is to place new tariffs on a total of $75 billion of US exports. So the impacts of tariffs should start hitting next month.
What’s the end game here? “”
To stimulate the manufacturing base in our own country.