Don’t go away folks, we still got Trump’s wonderful Trade War aftereffects to deal with…
What tariffs have been imposed?
Mr Trump’s tariffs policy aims to encourage consumers to buy American products by making imported goods more expensive.
The US has imposed tariffs on more than $360bn (£268bn) of Chinese goods, and China has retaliated with tariffs on more than $110bn of US products.
Washington delivered three rounds of tariffs in 2018, and a fourth one in September last year. The most recent round targeted Chinese imports, from meat to musical instruments, with a 15% duty.
Beijing hit back with tariffs ranging from 5% to 25% on US goods.
And with the Pandemic, things just keep coming back like we’re all locked in an old Rerun B&W Horror Movie. But it’s our eyes watching our monies still dwindle and dwindle and dwindle. I don’t know about you, but I don’t see Trump’s Tariff War with China proving he knows how to make a Great Deal. I’m now thinking he’s too impatient and wishywashy.
- (of drink or liquid food such as soup) weak
- feeble or insipid in quality or character; lacking strength or boldness.
Okay, now you learned an Old timers old word. We toss them in from time to time. But dang, why did we go there in the 1st Place?
We didn’t win a damn thing, but they are sucking it out of our pocketbooks now. The ONLY winners were the Government that gets to ADD that Tariff Money to the General Fund. Not our pockets.