104% tariffs been whacked on China.
In a way, I see this as positive. He’s plucking numbers out of his bum and an administration just can’t function sustainably on these kind of policies.
Something will break soon be it a cabinet member resigning, the American government system finding a roadblock to further tariffs or the world the bond market forcing an about turn.
The longer China holds out against trump on this the sooner this madness will be over. If everyone capitulates these tariffs will be set in stone whilst trump shafts the world whilst making his own people poorer
Copium, or do you agree?