Reply to thread

Message: <blockquote data-quote="newfie" data-source="post: 6099907" data-attributes="member: 58700">so the short answer today is we raised tariffs on 13.4 percent of our imports and china matched us on the 6.5 percent we send them that they actually allow in. looking at it from a trade war perspective by population assuming no one buys chinese products that have doubled in price that means 13.5 percent of 1.4 billion people no longer have a job in china.  thats about 189 million people in china without a job. china's business model is heavily invested in the export of product to us and other countries. at the same time you could argue that 6.5 percent of our population is at risk.  So if the US can effectively open markets which it appears is happening then we can much more easily sell our 6.5 percent somewhere else while we fight it out with china.</blockquote>