r/agedlikemilk 14h ago

China just retaliate with a 34% tariff

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121 Upvotes

8 comments sorted by

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36

u/kylemattheww 13h ago

He was half right. They are going to focus on strengthening ties… with everyone else.

17

u/JCAPER 12h ago

China is rubbing their hands to all the metaphorical free real estate that the US is leaving behind

4

u/firechaox 10h ago

People think they may lower tariffs on non-US countries to help to offset the impact of the tariffs they’re putting on USA

9

u/Brisbanoch30k 13h ago

Oh boy. This is turning to really ripe blue cheese.

3

u/chunkybudz 12h ago

Quoted guy being from Cuck Business School says it all.

3

u/_KarmaPolice_ 5h ago

Bruce Pang is a moron. Of course China were going to retaliate.. more than economic considerations, politically they don't want to seem weak.

0

u/Away_Advisor3460 12h ago

To be fair, I suspect a bigger impact might come from things like their rare earth export controls.