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Trump's Trade War With China:

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The Resonance

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3,109,826 görüntüleme • 7 ay önce •via X (Twitter)

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America has played its last card, while China is just unleashing its hand!👊 "If war is what the U.S. wants, be it a tariff war, a trade war or any other type of war, we're ready to fight till the end." - Ministry of Foreign Affairs of China🇨🇳
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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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