China slaps 84% tariffs on US imports as trade battle escalates

tuckgod

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@URATrueParrot
⛳️ He caused $5T in wealth destruction & said “Everything’s going well.” /search?q=#TrumpTariffs

While stocks take a dive & the markets go bust,
Trump swings at the green, not a care nor a fuss.
The world’s in a spin, fortunes crumble & fall,
He’s chasing a birdie, ignoring it all.



https://video.twimg.com/amplify_video/1908533680072433665/vid/avc1/1280x712/u9FTJcY7hKaAAW9P.mp4


To post tweets in this format, more info here: https://www.thecoli.com/threads/tips-and-tricks-for-posting-the-coli-megathread.984734/post-52211196

5 trillion in play play money
 

Nkrumah Was Right

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Poor innocent dictatorship China :mjcry:

Less harmful towards than the US - China helped the Black Panthers, helped Zimbabwe fight off whites, and armed other black liberation movements in Africa when America had Jim Crow and was supporting Rhodesia and Apartheid South Africa

But they don’t teach that history in US schools, so how would you know?
 

Crude

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Anybody remember when all those CEO were courting the Trump administration such as ones from Apple, Google, and Amazon.

How’s that working out for them?

There will be many people not looked at favorably in the lens of history.
 
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newarkhiphop

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this is actually something I don't know anything about, ELI5?
China is selling a bunch of U.S. government bonds — kind of like cashing in their savings.

When that happens, it pushes up interest rates in the U.S. (what the government has to pay to borrow money).

Some people think China is doing this to get back at the U.S. for new tariffs (extra taxes on Chinese goods).

The spike in interest rates is bad for regular people — it can make loans, mortgages, and credit cards more expensive.

It can also hurt the stock market and make the economy more unstable.
 

Crude

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Less harmful towards than the US - China helped the Black Panthers, helped Zimbabwe fight off whites, and armed other black liberation movements in Africa when America had Jim Crow and was supporting Rhodesia and Apartheid South Africa

But they don’t teach that history in US schools, so how would you know?

Fukk these racist Whites but those Chinese ain’t no friend to Black folks either.

Their position on all that was very self serving and not because they had good will in their heart and a desire to help Black folks.
 

hashmander

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i don't love china like that, but i like countries that stand up to someone who is clearly trying to bully folk. you have to teach them a lesson because they think they are the only ones with options like that. sometimes you have to pop out and show orange bytches.
 

Nkrumah Was Right

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China is selling a bunch of U.S. government bonds — kind of like cashing in their savings.

When that happens, it pushes up interest rates in the U.S. (what the government has to pay to borrow money).

Some people think China is doing this to get back at the U.S. for new tariffs (extra taxes on Chinese goods).

The spike in interest rates is bad for regular people — it can make loans, mortgages, and credit cards more expensive.

It can also hurt the stock market and make the economy more unstable.

I guarantee that no one in the Trump White House understands how China’s leadership thinks, sees the world, and regards their history - from the May 30th Movement to the present
 
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