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China is putting 67% tariffs on American goods while we’ve only put around 30% tariffs on them. It’s clear that we’ve had unfair trade practices for too long, and President Trump’s focus on balancing these trade relationships will benefit America in the long term.
204,008 views • 1 year ago •via X (Twitter)
11 Comments
China does not have a 67% tariff on American goods though?
Here’s what could get more expensive with Trump’s new tariffs.
A lie, Like always.
Or it’s possible those are fake numbers from trump and don’t reflect tariff rates. They concocted a trade deficit based formula that is idiotic
China not 67%! Try to educate yourself!
They calculated it off the trade imbalance not tariff percentage, but you probably knew that.
FALSE: China is not putting 67% tariffs on us.
How’s Matt?
Show me 67% anywhere but that giant Kinkos printout. Show me.
The "abuse" Trump told you to believe is natural trade defficit. Tariffs are paid by the importers and people in the importing side. Most countries have VERY low tariffs. The real tariffs are not what Trump showed, are much lower. Trump wants americans to hate the world.
You are incorrect. That 30% is on top of Trump's first term of 35%.
![Bessent: Don’t Need Trade Deal with China, We Make Revenues Off Tariffs, ‘It’s Not Broke’ | Ian Hanchett, Breitbart News On Tuesday’s broadcast of the Fox News Channel’s “Ingraham Angle,” Treasury Secretary Scott Bessent responded to a question on whether or not a trade deal with China is needed by stating that “China is, right now, the biggest revenue line in the tariff income” and remarking, “if it’s not broke, don’t fix it.” But Bessent also said there have been “very good talks with China” and he thinks there will be further discussions with them. Host Laura Ingraham asked, [relevant exchange begins around 8:30] “When do you expect that we will see movement on the China talks, and do we need a trade agreement with China, given how well the tariffs are working out?” Bessent answered, “Look, we’re very happy is — we had 20% — about 20, 25% tariffs in President Trump’s first term. We’ve added 20% fentanyl tariffs, 10% baseline tariffs. So, we’re at 50 or 55%. China is, right now, the biggest revenue line in the tariff income. So, if it’s not broke, don’t fix it. We have had very good talks with China. I imagine we’ll be seeing them again before November. They have a 10% tariff on us. They have started shipping the rare earth magnets, which we agreed to. We had put some countermeasures on them that we’ve taken off. So, I think, right now, the status quo’s working pretty well.”](https://image.24vids.com/tw-1958500825757806714/amplify_video_thumb/1958500525475041281/img/6GJDwALHZXUF663E.jpg)
