Tag Archives: Trade Tariff

Clubbing The Entire World Against China

Bessent’s Grand Strategy: Use Tariff Negotiations To Isolate China From The Rest Of The World

(Zero Hedge) Yesterday, president Trump laid out the stakes in the ever-escalating trading war between the US and China, in typical laconic fashion: We may want countries to choose between us and China” (a topic discussed further here), with the White House adding that “The ball is in China’s court. China needs to make a deal with us.”

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Trump Promises Massive Tax on Americans for Chinese Imports

While tariffs are often described by politicians as a tax on foreign businesses, the costs are borne by consumers in the country that is imposing the tariffs. Tariffs directly increase the cost of domestic sales by artificially increasing the price on imports.

https://thenewamerican.com/us/economy/trump-planning-massive-tax-on-chinese-imports-media/?mc_cid=434d08caac

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