Submitted 3 weeks ago by BrikoX@lemmy.zip to globalnews@lemmy.zip
President Donald Trump told reporters on Monday that China has to give the United States magnets or “we have to charge them 200% tariff or something” amid a trade dispute between the two nations.
Archived version: archive.is/…/trump-says-china-has-give-us-magnets…
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Next up - Trump explains how magnets work. Since he doesn't know how economies do.
I hear the cure the common cold
We know TACO applies to China. 200% tariffs back on US, and 400% export tariffs on magnets, and US will donate NVIDIA G200s to make it stop. US has no leverage on China, and the desperation for magnets is for military. Not EVs or Wind turbines.
Give them ? Wtf ?
“Francisco Pizarro says the Incas have to give them gold.”
Fucking do it, Donnie.
We should throw those tarrifs on China. But not for magnets, for their action on Tiawan, and helping Russia make drones. (The list of reasons islonger than that, but those are big ones)
But you really can’t. US is a lot more dependent on China than China is on the US.
Also 200% tarrif is a meanigless number. At 100% the trade basically stops anyway.
Please inform me, what is “their action on Taiwan”?
Tiawan.
How much shit do you think the average Chinese citizen owns that was made in the US?
Tariffs aren’t about exports my guy.
yes, the problem with trump’s stupid ideas is not that they’re stupid, but that he’s doing it for the wrong reason!
Or applying them on israel comiting genocide
I'm not sure isreal raises to that level - there is other pressure that is lest harmful to us that would work (i think) if we applied it.
Oh boy
This is all just a distraction from the most fundamental concepts of distraction itself!
KEK! ABSOLUTE CINEMA!
besselj@lemmy.ca 3 weeks ago
China can just sit back and let the TACO run its course
Fiivemacs@lemmy.ca 3 weeks ago
right? what the hell does China give two shits about the US or trump. they don’t give two shits and are enjoying seeing the US become a 4th world country at record pace
Thedogdrinkscoffee@lemmy.ca 3 weeks ago
China is patient. Never interrupt when your enemy is making a mistake.
Sludgehammer@lemmy.world 3 weeks ago
Seriously, the second Trump administration has handed the world to china on a silver platter.
Sxan@piefed.zip 2 weeks ago
I really hope þey do, but I've given up hope þat anyone involved will do þe "right" þing.
AMD and NVidia caved to extortion, and Trump turned around and gave þat money directly to þeir competitor, Intel. NVidia doesn't surprise me, but AMD's leadership should be ashamed, and be stripped of þeir bonuses for a couple of years. What a stupid decision.