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China strikes back with 125% tariffs on U.S. goods as trade war intensifieswww.cnbc.com/2025/04/11/china-strikes-back-with-125percent-tariffs-on-us-goods-starting-april-12.html
39 sats \ 2 comments \ @Cje95 11 Apr econ
This tit for tat is getting wild. Pretty soon we are gunna see 1000% tariffs at this point 🙃
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10 sats \ 1 reply \ @Undisciplined 11 Apr
It's pushing rope at some point. China has to know they're on the losing end of this path.
Perhaps they thinking waiting out this administration is better than making the reforms they'd need to make.
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28 sats \ 0 replies \ @Cje95 OP 11 Apr
Where China really shit the bed was never keeping their end of the last trade war deal from the first Trump admin. He learned he couldn’t trust them and if he wants results he has to see it at that very moment not future purchase promises
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