Summary:
Trump threatened to extend $267 billion of chinese products, that's on top of $250 billion raise of tariffs. That made the chinese to threat to have a retaliation against the US if Trump goes through with that threat.
Analysis:
1011 Now wrote this article today about this topic, so Trump has not responded yet to the conterthreat. I knew about the start of the "tariff wars" from APHUG. This was made to inform us about threats and how our money and what we by is being handled. that is very important for us to know about. This problem reminds me of the whole NAFTA situation, where America keeps demanding things that do not necessary help us.
Source:
http://www.1011now.com/content/news/China-promises-reliation-if-US-imposes-more-tariffs-492876081.html
APHUG! It's hard for us to worry about these types of things since we don't always feel the direct effects of tariff wars as minors. But this can be really worrying, since so many of our products are imported from China!
ReplyDeleteIts a tiny bit scary to think not only about the effects of this, but the fact that two very powerful countries are throwing threats back and forth at each other.
ReplyDelete-Fiona Graybill
DeleteIt's extremely worrying to see tariff wars like this especially since probably more than half of everything we use in our day to day lives are made in China. I hope everything works out well for both America and China.
ReplyDeleteIt is scary seeing two very influential countries in a dispute like this where it can affect what we consume on the daily. I just hope that Trump finds a way to actually solve this and doesn't let his ego get in the way and end up making things worse
ReplyDeleteI agree with you guys. Something like this would have a big impact on the everyday lives of Americans, considering how much we rely on Chinese goods. This can also hinder the relationship between our two countries. If these threats escalate into something more, we could end up in a bad situation in the future. Lily Philips
ReplyDelete