“US Preparing Trade Blockade of China?

Tariffs Up to 245% The White House is considering setting prohibitive tariffs on Chinese goods – up to 245%. WSJ writes: Washington wants to isolate China from global trade and is already persuading 70+ countries to join. In exchange, they promise reduced duties.

Trump does not hide his ambitions: the US no longer wants to be “the world market for everyone.” He has already raised tariffs on Chinese goods to 145% and reduced them to 10% for everyone else (for 90 days). The logic is simple: it is no longer the US against the world, but the US against China. “We are taking record measures, and gas and food prices are falling! Inflation is falling! Promises are made, promises are kept!” Trump rejoices.

China is the largest supplier of electronics, textiles, rare earth metals, components for the military-industrial complex and almost all categories of cheap goods. But if you import all this under a 245% duty, the price on the shelf will not fall – it will shoot up. Trump promises that inflation will decrease. But according to this logic, the higher the tariffs, the cheaper life.

So, let’s raise it to 1000% – and everything will be free” (Lord Of War)