Donald Trump Via His Truth Is Threatening China An Additional 50% Tariff

There are two ways of looking at the fact that a man that has been bankrupt several times is going to help our economy.  1.)  He learned from his prior personal financial mistakes and knows what he is doing. or  2.)  He has given us the blue print to what we need to do, if this tariff battle continues, which is to file bankruptcy.  

President Donald Trump announced sweeping new duties last week on all U.S. trade partners, including a new baseline 10% duty, on a day he dubbed “Liberation Day” which sparked ‘Hands Off’ rallies across America over the weekend.  Americans ‘Hands Off’ was a response to actions such as the firing of thousands of federal workers, the deportation of immigrants, the cuts in federal funding for health programs, and many more changes caused by the current administration.  

China countered the Trump Administration tariffs by upping the ante which bring us to now.

Donald  Trump took to his Truth Social app to issue a warning to China and Beijing regarding their retaliatory 34% tariffs following his announcement of global tariffs. He claims that if they don’t reverse the decision by tomorrow, April 8, he will impose an additional 50% tariff on China and cancel all plans for future meetings.

Billionaire hedge fund manager Bill Ackman, who endorsed Trump’s 2024 bid for president, is saying that Trump’s decision to impose a colossal set of tariffs on America’s trading partners is tantamount to “economic nuclear war,” (see video below)

See below.

 

 

 

 

 

 

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