EXPLAINER: Why did stock markets go back to falling today? Reality setting in that US-China trade war is only going to get worse. Total tariff rate on goods from China to US: 145% Total tariff rate on goods from US to China: 84% Trump today sounded optimistic that China... would come to the table for a deal, but China experts are telling me Xi Jinping is playing hardball. Xi wants to show the Chinese people that China can withstand the economic pain from Trump’s tariffs and what Beijing is calling Americas “bullying”. Trump's trade war also feeds into the strategy that Xi has been working on for years: become less reliant on the United States. But this is going to be painful for BOTH countries. Last year, the US imported more than $400 billion worth of goods from China – everything from electronics, cell phones, to toys, furniture, clothing and more. US importers have to pay more than double the cost now to import those goods. And the US exports a lot of soybeans to China, so china’s retaliatory tariffs, could hit American farmers the hardest. ABC News ABC NewsNewsLive ABC NewsPoliticsshow more

Thats wild math! US-China trade war drama continues. Gotta love the suspense!

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So much winning.

china has brics countries as back up. the us has zero back. china will win this trade war.

U do realize most of 🇨🇳’s food is imported from the US, right? No analyst seems to want to discuss this aspect. US consumers will feel some economic pain in the marketplace, but their 🇨🇳 counterparts will feel the pain of hunger as prices skyrocket & food supplies become scarce

What kind of relationship is this... They (USA & China) need each other, but hurting & attacking each other.

@ABCWorldNews @ABCNewsLive @ABC @NBCNews @NBCNewsWorld @nbcsnl @CBSEveningNews @CBSNews @CBSMornings @FoxNews @FOX5Vegas @OANN @NEWSMAX Selina 🌹

Okaaay.... let's see if we get another "90-day pause" in 3, 2, 1... something will have to give.

Professor Wang 👍🤣

GarbageChina just needs to say 'OK, we will lower tariffs' for this to end - or is it somehow more complicated than their belligerence and intent to destroy America?