- cross-posted to:
- worldnews@lemmit.online
- cross-posted to:
- worldnews@lemmit.online
Summary
Donald Trump lashed out at China for retaliating against his new tariffs, calling the country the “biggest abuser” of U.S. trade.
After Trump imposed an additional 34% tariff on Chinese goods, China responded with its own 34% tariff on U.S. products and suspended key imports.
Financial markets in both countries plunged, with U.S. economists warning of a potential recession.
Despite backlash, Trump defended his strategy, urging the Fed to cut rates and calling the tariffs a path to long-term gain. Critics warn of global economic instability and rising protectionism.
US lands pretty much came out of WW2 untouched except Pearl Harbour, so US grew rapidly while rest of world has a lot of rebuilding to do.
Warmonger Trump is now replicating that and so repeating history to start WW3. From forcing Ukraine to surrender to russia just like how Czechoslovakia was forced to surrender to nazi Germany and now Trump is pushing every country into protectionism trade wars.
Chamberlain didn’t collude with the Nazis in looting Czechosolovakia after they held off the Germans for two years against all odds. What Trump is doing is far worse.
And in WW2, the protectionism trade wars came a decade or more before the cynical appeasement.
On the other hand Trump haven’t forbidden Ukraine to fight back on their own(yet). Which is what west did to Czechoslovakia.