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vegeta @lemmy.world

3d ago

China to impose 34% retaliatory tariff on all goods imported from the U.S.

China to impose 34% retaliatory tariff on all goods imported from the U.S.

World News @lemmy.world

zaxvenz @lemm.ee

3d ago

China to impose 34% retaliatory tariff on all goods imported from the U.S.

www.cnbc.com /2025/04/04/china-to-impose-34percent-retaliatory-tariff-on-all-goods-imported-from-the-us.html

Economics @lemmy.world

MicroWave @lemmy.world

3d ago

China to impose 34% retaliatory tariff on all goods imported from the U.S.

www.cnbc.com /2025/04/04/china-to-impose-34percent-retaliatory-tariff-on-all-goods-imported-from-the-us.html

7 comments

I can’t believe I spent 4 years getting a degree in economics and have to live through this headassery.
- I could have gotten a humanities degree and spent 4 years reading amazing books and studying art. Instead, I did math and now know our president is a fucking moron.
  
  It's also not high tide for humanity. Your knowledge can help educate people as futile as it may seem.

"You have a situation with TikTok where China will probably say: 'We'll approve a deal, but will you do something on the tariffs?'" Trump said. "We could use tariffs in order to get something in return.
https://www.reuters.com/technology/trump-says-china-could-get-tariff-relief-if-it-approves-tiktok-deal-2025-04-03/
How’d that work out Donnie?

CNBC doesn't mention it, but other coverage says China has filed a complaint with the World Trade Organization. It's weird how little the WTO comes up in relation to Trump's trade war.

Can we get a Nelson Ha Ha. I feel like I'm living in a cartoon. Sadly, one side refused to see any of this and I'd celebrating a win on how other countries are bending the knee.

7 comments