[–] 20294156? 0 points 2 points 2 points (+2|-0) ago
This is not a trade war. China has been making stuff for us, and stealing everythiing they can steal. They have been fired for stealing. That's it, it's over. Many traitors have been profitting from the theft, they will go broke now. For the rest of us, life gets better. Enjoy the show.
Such inversions, where the 10-year Treasury yield dips below the two-year Treasury rate, are historic predictors of a coming recession.
Or maybe the T10s are dipping because demand is so strong for them. And perhaps that demand is so strong because investors see a strong US economy projecting out that far.
These are unparalleled times, my friend. Old paradigms are not serving well.
[–] 20292442? 0 points 7 points 7 points (+7|-0) ago (edited ago)
Lol, who do you think you are posting to?
| Total imports from China to USA | Total Exports from USA to China |
|---|---|
| $540B | $120B |
| Total Exports of China | Total Exports of USA |
|---|---|
| $2410B | $2500B |
Percentage of USA exports going to China: 4.8%
Percentage Chinese exports going to USA: 22.4%
Go ahead, China. Make my day. Tariff all day long every day, high as you want.
[–] 20295147? ago
75 billion is nothing. We have COLLECTED 500 billion from them ALREADY
[–] [deleted] 1 point -1 points 0 points (+0|-1) ago
[–] 20304938? ago
...not yet, China devalued in proportion to tariffs.
At some point, prices of Chinese goods will go up for the US consumer. Notice reams of paper, a quick selling item, going up in price.