China hit back in Trade

China imposed their tariffs on America and send the World and American financial Market further down. I knew as soon as Trump issued that ultimatum to China that China will respond in the way it has. Trump really think everyone will stoop to him and his degrading threats.

In reply to dayne

4000 years of experience - they will learn.

This is so little about tariffs and so much about Donald Trump wanting to shake down world leaders, CEO's, Prime Ministers and Penguins, to make himself feel like a king, its funny now...well not funny, but it seems the world is calling his bluff and due to his Mantra: Admit nothing, Deny Everything and fight, fight, fight which is really lie, lie lie, he cant find a way out. But Maybe he will fire Peter Navaro to see if he can quiet things down but World leaders..at least some-most, are not bailing him out but actually fighting back.

Trump will need a Chinese made ladder to climb down from his position!

China should recall the US Trillion in outstanding debt and plunge US into bankruptcy and recession, let Trump bully his way out of that.

In reply to Slipfeeler

I thought China could now gang up with Russia et al to start messing with the US dollar as the global currency and perhaps the only thing holding them back is that it would also undermine their position in the process. These guys always wanted to establish their own/different trading currency and with everyone dumping the US as a trading partner they could take advantage of the situation.

In reply to Slipfeeler



As Carl noted, China has too much skin in the game otherwise they would have already done this to cripple Dumbfcukingstan.