Trump Pledges 25% Tariffs on Mexico, Canada and 10% on China

[u/Peteostro]

https://www.wsj.com/politics/policy/trump-pledges-tariffs-on-mexico-canada-and-china-3c62b1f7

[u/Nekowulf]

He got a personal call from General Tso, congratulating him on his win and offering him many medals of winningness, along with choice land next to military bases to build trump towers.

[u/arararanara → u/Nekowulf]

In all seriousness this kind of about face is most likely because his CEO buddies talked to him about how they get all their parts from China and that he’d be tanking their business, or something along those lines.

[u/loptopandbingo → u/arararanara]

"Uhh, sir, all of your merch is made there."

"Oh yeah."

[u/Agreeable-Menu → u/arararanara]

Or maybe Xi Ping reminded him all those deals he will get him like he did 4 years ago.

[u/Bcatfan08 → u/Agreeable-Menu]

You don't beat China in a trade war. Dictators who don't have elections don't care if some people starve. He'll be their dictator as long as he wants, and there's no getting rid of him. Trump can't outlast him.

[u/notsocoolnow → u/arararanara]

This is the answer really. No one like to talk about it but the truth is American manufacruring needs Chinese parts more than China needs to sell to American manufacturing.

Without those parts, American companies are going to end up being outcompeted by other nation's companies who do use them. The US is the largest economy in the world but it is not the majority of the world's economy. It cannot thrive by entirely selling to itself.

[u/4tran13 → u/arararanara]

Elon has a factory in Shanghai

[u/haltandcatchtires → u/Nekowulf]

General Tso is to chicken to call Trump.