- Joined
- Feb 15, 2016
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- 6,385
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This tariff war is hurting both sides. I've seen some posters acting like it's no big deal to China but they are wrong it's hurting their economy.
I would say that tariff wars hurt the one with a smaller economy. Tariffs are a protection. That is why Trump offered no tariffs to out "friends" and also why they didn't take it. With no tariffs would would dominate everyone even moreso.
US is still the economic powerhouse although China could become that. But if china does become that, then the world will be just a little more fucked.
Now with this covid anger is the perfect time to fuck China over. Japan is rewarding business for divesting from China, India is about to bareknuckle fight them, and s. Korea and australia seemed to be kind of pissed at china too.