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#business

291 posts118 participants66 posts today

China and US are at each other's throats on tariffs, and neither is backing down.

https://www.bbc.com/news/articles/c4grlzegewno

China does not have to back down. They have over a billion people there. Locally, they make enough to sustain themselves, and intentionally they export around the world to a few more, billion people world-wide.

#China #Trade #Business #Economy

US President Donald Trump attends a bilateral meeting with China's President Xi Jinping during the G20 leaders summit in Osaka, Japan, June 29, 2019
www.bbc.comChina and US are at each other's throats on tariffs, and neither is backing downChina's new 34% tax on US imports shows it is ready to tussle with Trump.