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Trump's Trade War With China:

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The Resonance

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3,110,098 views • 10 months ago •via X (Twitter)

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Congressman Rep. Mike Thompson understands how Trump's Trade War will decimate small businesses. Imagine being a small business who purchased products from a supplier in China before Trump's trade war started, now having to pick those products up at the port and pay a 104% tariff. Imagine having had purchased $50,000 in products that you had hoped to sell in America for $75,000, now only to be faced with a $52,000 tax (tariff), bringing your total cost up to $102,000 when you go to pick that product up at the port. That's a $27,000 loss for you. That's enough to bankrupt many small businesses. Trump did this.
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What the fuck is China building? This is not a clip from movie, this is a real project in China. Due to the trade war, there’s a video of a Chinese guy said, “we both benefit from trade, U.S. and China. But only one of us is using the wealth to build for our people”. that is 🇨🇳
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🚨 TRUMP'S TRADE WAR MAY HAVE PUSHED CANADA CLOSER TO CHINA. 🇨🇳🇨🇦🇺🇸 🇺🇸 Trump: “This can’t happen — China can’t replace us!!” 🇨🇦 Canada: “Not anymore. 70% of our exports used to go to you… now we’re diversifying hard.” 🇺🇸 Trump: “You’re still dependent on the U.S. market!!” 🇨🇦 Canada: “Chinese EVs are already entering under our new deal with Beijing.” 🇺🇸 Trump: “Chinese cars flooding Canada?! Absolute betrayal!!” 🇨🇦 Canada: “What betrayal? Your trade war forced it. Now 49,000 Chinese EVs are coming in at low tariffs, while China cut canola tariffs in return. Brands like BYD and Lotus are already arriving.” Trump wanted Canada to remain locked into the U.S. market. Canada's answer? Find other markets. And China is becoming one of them. 🇨🇳🇨🇦
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