Posted by Silent Boy > 2018-07-07 14:14 | Report Abuse

Well, they say ignorant can wreck havoc on those who are not well informed! Actually, a full blown tariff will dent around 1% of China GDP! Which means, China will have to rely on it's own domestic consumption to take up the slack! With almost 2 billion population, only China itself would be world 2nd 16 trillion economy! In short, hedge funds have succeeded in playing the fear factor to the max! The rounds of tariff made by Donald Trump is a tool of negotiation! This is way we must understand first! What the mainstrem media have been playing is all but fake news! So you must listen to selected non mainstream which actually explain the facts from tall tales! As for US, they are biggest winner! Tariff from China alone brings in 100 billion for US coffer! Jobs are created internally as more US based factories will shift back to homeland! Since Donald is anti union leader, there's already sign that those shifting back will see non union workers filling in new jobs! Basically, this tariff is extremely beneficially for US! It's up to China to engage in fair trade and respect IP rights of other countries!