China tariffs goal may be to inflict more political than economic damage?

""

 

I wonder if McConnell was consulted? or advisors connected to the DNC, the RNC or bankers?
I hope the FBI is checking into "collusion" because you can bet it happens.

McConnell apparently has gotten rich of China

 

That's generally how retaliatory tariffs work, yes.

 

Queue increased agricultural subsidization in the US.

 

Those who don't learn history and all that


In retaliation, the European Union threatened to counter with tariffs of its own on products ranging from Florida oranges to cars produced in Michigan, with each tariff calculated to likewise hurt the President in a key marginal state. The United States backed down and withdrew the tariffs on December 4

https://en.wikipedia.org/wiki/2002_United_States_steel_tariff

 

Yes, it's being announced but the fact is that China is an Authoritarian state that can control its population during hard economic times, the Trump administration can't, both countries lose, but only one can endure it.

 

Trump to soften NAFTA demand on regional car content, report
The Trump administration has softened a key NAFTA demand for more North American content in car manufacturing - a potential olive branch on arguably the biggest sticking point as the U.S. pushes to reach a stopgap deal, three people familiar with the talks told Bloomberg. The U.S. proposal would distinguish between different NAFTA car parts by grouping them into five categories, some of which would have a lower requirement for North American content or none at all, said the people. (Automotive News)