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.
The American arrogance is overwhelming. Presenting trade deficit as reason for tariffs, and then threaten other countries if they “retaliate”.
Just die already.
Please don’t equate what Trump does and says to “The American arrogance”
Please and thank you
Yeah, its just half the country.