Normal
Not only did China blatantly not stop Fentanyl exports to kill Americans and fail to even start investing in rural equipment which were the two things Trump mentioned as reasons for implementing the last tranche of his initial tariff threat, but they now have pulled out of purchasing from US farmers altogether!China's international exports over all have actually INCREASED, since the US tariffs which is making a mockery of Trumps tariffs.It's a massive slap in the face and reeks of that quiet confidence which is somewhat terrifying! Maybe they already are in control of the world!Labeling China a currency manipulator is inaccurate with respect to it's behavior over the last few years with currency, but it does allow for the Commerce Department previously proposed threats about undervalued currencies to be an illegal trade subsidy. This US Treasury's designation as such opens the floodgates to countervailing duties on Chinese goods.
Not only did China blatantly not stop Fentanyl exports to kill Americans and fail to even start investing in rural equipment which were the two things Trump mentioned as reasons for implementing the last tranche of his initial tariff threat, but they now have pulled out of purchasing from US farmers altogether!
China's international exports over all have actually INCREASED, since the US tariffs which is making a mockery of Trumps tariffs.
It's a massive slap in the face and reeks of that quiet confidence which is somewhat terrifying! Maybe they already are in control of the world!
Labeling China a currency manipulator is inaccurate with respect to it's behavior over the last few years with currency, but it does allow for the Commerce Department previously proposed threats about undervalued currencies to be an illegal trade subsidy. This US Treasury's designation as such opens the floodgates to countervailing duties on Chinese goods.
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