Breaking news: Financial markets had initially hoped Trump might follow the same playbook with China as with Canada and Mexico — against which he also announced tariffs, but then gave a month’s reprieve following last-minute talks with their leaders. https://www.ft.com/content/5260a94a-df1e-4c4c-8fa9-afc80506b360
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Canada was one good friend for over 100 yrs. Whose supply, trade was focused on US.. you bit that hand.. now you are to be exposed and while the world turns elsewhere.. they will have strategies for you..
—President of number one manufacturing country of all time
“Trade wars are good, and easy to win.”
—Convicted Felon (34 counts of fraud)
https://www.economist.com/international/2025/02/06/xi-jinping-swings-his-assassins-mace-of-economic-warfare
Four long years of COVID related inflation that we finally were able to struggle through but now the reality of dangerous Trump destabilizes American and International financial markets.
It's basic: Trump + Tariffs = INFLATION!
It's a time for fierce compassion. Be fierce, do an activity everyday. It's self care. Be the rain, the howling wind, and the mountainous wave. Be the storm. Pass it on.
China knows that it is Americas back against the wall, not theirs...
https://www.piie.com/blogs/realtime-economics/2022/china-bought-none-extra-200-billion-us-exports-trumps-trade-deal