Comments by "Yerris" (@yerri5567) on "Trump threatens tariffs on nearly all Chinese goods after Beijing hits back" video.

  1. Lucas Smith "This trade war is hurting China way more than US" In terms of absolute numbers. Maybe. Though its arguable. But in terms of actually being "hurt". That would hurt US citizens more. The average Chinese can live in "poverty" and manage their finances well with their savings. Whereas the average US citizen tends to spend more of what they earn. With rising prices set to increase from this trade war, US is bound to lose more due to cultural differences. The average Chinese saves 250% of what the average US citizens saves. https://www.cnbc.com/2015/10/25/china-savings-rate-versus-the-world-in-a-chart.html
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