pull down to refresh

42 sats \ 2 replies \ @Coinsreporter 28 Jul \ parent \ on: The Economic Consequences of Tariffs: Nobody Knows (FT, Ruchir Sharma) econ
Looks like he's just been threatening. I've heard that he made another 50 days pause to china tariffs.
write
preview
0 sats \ 0 replies \ @Solomonsatoshi 28 Jul
China stood up to Trumps bullying and Trump backed down. USA needs China as much if not more than China needs USA. Trumps bluffs and bluster have squandered US soft power. The tariffs are admission that US manufacturing cannot compete in world markets. And that US debt is reaching unsustainable levels requiring such desperate anti-competitive trade obstruction. Meanwhile China is gaining ground in developing world markets. #1057308 https://www.thepress.co.nz/world-news/360771422/china-busy-making-friends-and-its-partly-thanks-trump
reply
0 sats \ 0 replies \ @Undisciplined 28 Jul
From what I can tell, they are already high enough to count as high. We'll see when official figures come out.
reply