Comments by "Jackie Wu" (@jwu1950) on "China will blink first in US trade dispute: T.J. Rodgers" video.
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USA threatened 10% on all Chinese imports and the RMB devaluated 9%, making the net result near zero. Now change the threat to 25%, and the RMB will devaluate more, making the net result near zero. Try 100%, 200%, 600%, the same results until the tariffs are lifted or the US economy collapses. That is if USA can indeed impose the tariffs and not just threatening to do so. Meanwhile, before the tariffs are put in place, US importers buy as much as they can get before the prices go up due to the tariffs, the stock market goes up as a result, and so does the US trade deficit with China. How the fuck is that going to help USA ? LMFAO !!! Look at the 30's, US tariffs hurt USA. It's that simple. May the love and the peace of Jesus be with us.
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