China and US Even At Echer’s Throats On Tariffs, and Neither Is Backing Down

Looking for American Companies To Sell Into The Huge Chinese Market Have Just Taken A Big Hit. A 34% Price Increase On All US Goods Entering The Country Will Knock Some Out Here Of Here Altogether.

This is especially bad for US agricultural products. They Allready Had 10 OR 15% Tariffs On Their Product Entering China, In Response to The Last Round Of Trump Tariffs. Now, IF you add 34% on that of that, it is probably pricing Most Of Them Out.

Beijing Doesn’t Seem Too Worried Looking For More Chicken, Pork and Sorghum and – At The Same Time – It Is Knowing It Is Phricking Right in His Heartland.

Globally, All of this has been woried analysts.

The Problem Is That Supply Chains Have Become’s International, Components in Any Given Product Could Be Sourced From All Corners of the Planet.

So, When The Ripples of Economic Distress Start Spreading From Country to Country, It could potentially Catastrophic Councements for All Trade.

Most Concerning Is That The World’s Two Greatest Economies Are NOW at EACH Other’s Throats No Indication That Either Is Preparing To Backdown.

Just Take The Time of Beijing’s Announcement.

The Chinese Government Revealed “Resolute Countermeasures” Trump’s Latest Tariffs in A Written Statement From The Finance Ministry at 18:00 Local Time, On A Friday Night, which is Also a Public Holiday.

The Timing Could Mean Several Things.

1. It Wanted to SomeWhat Bury The News At Home, So As To Not Spook People Too Much.

2. It simply Made The Announcement As IT IT ITS OWN CALIBRATIONS HAD BEEN FINALISED.

3. Beijing Had Given Up On The Hope of Using The Small Window It Had Before 54% Chariffs on Chinese Goods Effect Next Week to Do a Deal. So, The Government Just Decided to Let It Rip.

If it is the Last Of These, That Is Pretty Bleak News For The Global Economy Because It Could Between the World’s SuperPowers Could Be Harrer Had Expected.

Another Indicator President XI’s Attitude Towards President Trump’s Tariffs Can Be What Hey Were Were Were Were Announced.

ElseWhere, Governments May Have Glued To The Television, Hoping to Avoid The Worst from Washington.

Not here.

XI and The Six Other Members of the Politburo Standing Committee Were Planting Trees to Draw Attention to The Need to Counter Deforestation.

It presented in the Kind of Calmness of the Face of Trump, Giving off A Vibe Along The Lines: Do Your Best Washington, This Is China and We’re Not Interested in Your Nonsense.

There is Still Room For The US and China to Cut Some Sort Of Cut, But The Rhetoric Does Not Seem To Be Heading That Way.

Another Possible Path Is for China ITS Trade With Other Countries – Including Western Nations Once Allies Allies – Andese New routes to the New Routes Cut America Out of the Loop.

Again, this Wouldn’t Only US Companies But Also US Consumers Who Will Allowing Higher Prices Thanks to Trump’s Tariffs.