MileHighBronco
Legend
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Trump's Tariffs Hurt China
Quote:The EurAsian Times reported, “After 17 Years, China Set To Lose ‘Top Spot’ As No. 1 Exporter To U.S.; China-U.S. Trade War Benefits Others.
“In a seismic shift in global trade dynamics, China is poised to lose its long-standing position as the United States’ top exporter for the first time since 2006. This transformation is driven by escalating tensions between the two economic giants and a significant restructuring of global supply chains.
“Recent data from the U.S. Commerce Department reveals a remarkable downturn of more than 20% in American goods imports from China during January-November.
“China’s share of total US imports has plummeted to 13.9%, marking the lowest percentage since 2004. This decline is substantial compared to its peak of over 21% around 2017. US exports to China have shown minimal growth throughout the year.
“Stepping into the void left by China, Mexico is positioned to become the leading exporter to the US for the entire year, a status it hasn’t held since 2000. US imports from Mexico are set to record a high in 2023, constituting over 15% of the total for the first 11 months of the year.
“The European Union has also experienced a surge in exports to the U.S., reaching an all-time high during the same period.”
Thank you, Donald Trump.
As president, he slapped Chairman Xi’s dictatorship and his slave-driven economy with tariffs and a new trade agreement with Mexico. The story begrudgingly acknowledges President Trump’s role.
Paragraph 9 said, “The administration has also chosen to retain the $370 billion worth of tariffs on Chinese products imposed by the previous administration led by Donald Trump.”
Everyone dumped on Trump’s tariffs when he imposed them.
https://donsurber.substack.com/p/trump-1-xi-0
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01-18-2024 03:32 PM |
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stinkfist
nuts zongo's in the house
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RE: Trump's Tariffs Hurt China
yep ... I 'member those economic conversations from days past...
@patsBackAgain
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01-18-2024 03:39 PM |
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shere khan
Southerner
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RE: Trump's Tariffs Hurt China
Their bioweapon hurt us
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01-18-2024 06:47 PM |
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stinkfist
nuts zongo's in the house
Posts: 69,291
Joined: Nov 2011
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I Root For: Mustard Buzzards
Location: who knows?
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RE: Trump's Tariffs Hurt China
(01-18-2024 06:47 PM)shere khan Wrote: Their bioweapon hurt us
yes, sir ... it most certainly did ... however, now anyone with a functional brain should fully understand why #henceDJT --->>> #DJTexperiment was a necessary EVAL and what the REAL battle is all about...
y'all better pray I'm wrong with the tally....
(This post was last modified: 01-18-2024 06:52 PM by stinkfist.)
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01-18-2024 06:52 PM |
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