- cross-posted to:
- politics@lemmy.world
- cross-posted to:
- politics@lemmy.world
- China’s finance ministry on Friday said it will impose a 34% tariff on all goods imported from the U.S. starting on April 10.
- The ministry criticized Washington’s decision to impose 34% of additional reciprocal levies on China — bringing total U.S. tariffs against the country to 54% — as “inconsistent with international trade rules.”
- U.S. stock futures and European markets fell sharply on news of the reciprocal tariffs.
With USA committing political and economic suicide, the road is now clear for China to become the world dominating power.
I just hope they will take a graceful approach to their role, when nobody is in a position to oppose them.
Xi got China to #1 world superpower 24 years early!
Without a war.
Congratulations China.
Props to Pooty-poot for the assist
Xi? You misspelled Trump. Congratulations to China anyway.
Not a chance. China’s massive xenophobic approach to anyone non-Han Chinese will severely limit their potential.
Point out all the racism in various Western countries, and it pales in comparison to what goes on in China.
Their potential is already proven. Xenophobe or not.
China will fail, because the 1st World Asian countries view the CCP and PLA like the Europeans do toward Russia. China under the CCP is not beacon, but a dump.