Beijing has threatened countermeasures if Washington continues to violate its "rights and interests."

Summary

China has shrugged off the latest U.S. tariff hike, dismissing the Trump administration’s threats as a “meaningless tariff numbers game.”

Donald Trump’s move to impose tariffs “wiped trillions of dollars off Wall Street” and raised duties on foreign goods, claiming to bring back U.S. manufacturing jobs.

A White House fact sheet announced tariffs on some Chinese imports would rise to 245%.

China’s Commerce Ministry said the move “fully exposes the fact that the United States has become irrational” and vowed to see the trade war “through to the very end.”

  • chaosCruiser@futurology.todayEnglish
    10·
    3 days ago

    Just the other day I saw a quick street interview on TV. In it, there was a barbershop owner who is also a Trump supporter, and she said that America will endure these difficulties. I got some serious sunk cost fallacy vibes from that interview.