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.

  • 4am@lemm.ee
    link
    fedilink
    arrow-up
    12
    ·
    9 days ago

    He does though, it’s our problem even if we fucking hate it (which we certainly do!)