President Trump has had enough of the way China has been treating America, their partner in industry.
Last year alone, the United States lost hundreds of billions of dollars after being ripped off by the Chinese government.
But Trump just issued his final warning to China to back off — and their response may set a precedence for hostility between the nations for future generations to come.
So far, China and Canada are two countries who have been complicating trade matters with the United States tremendously.
But only one country has vowed to even the score.
President Donald Trump went after China for being “vicious” to the United States on trade issues during a tweeting frenzy this week.
Every time I see a weak politician asking to stop Trade talks or the use of Tariffs to counter unfair Tariffs, I wonder, what can they be thinking? Are we just going to continue and let our farmers and country get ripped off? Lost $817 Billion on Trade last year. No weakness!
— Donald J. Trump (@realDonaldTrump) July 25, 2018
Trump later added:
“When you have people snipping at your heels during a negotiation, it will only take longer to make a deal, and the deal will never be as good as it could have been with unity,” he continued. “Negotiations are going really well, be cool. The end result will be worth it!”
“China is targeting our farmers, who they know I love & respect, as a way of getting me to continue allowing them to take advantage of the U.S.,” he tweeted. “They are being vicious in what will be their failed attempt. We were being nice – until now! China made $517 Billion on us last year.”
Trump threatened tariffs on imports from China totaling roughly $200 billion dollars, which could devastate the Eastern country.
But China could not match our tariff rates, as their imports from our country do not measure up to the imports the United States receives from China.
While China’s Commerce ministry said the nation would act with “ necessary counter-measures”, they did not specify what their possible retaliation could be.
Ultimately, this means China is fighting back in other ways .
U.S. companies in China have already reported stalled approvals of products, worker visas, and other permits/licensing application.
A manufacturer that exports vehicles to China has also recorded a stunning 98% jump in “random” border inspections that have caused a delay in the production schedule.
Throughout the majority of his presidency, Trump has remained firm in his demands against China.
The trade battle between the two world superpowers has escalated dramatically, but Trump remains steadfast.
And finally, in a bold move, Trump initiated trade tariffs against the country as a regulatory trade measure.
He has remained defiant in his position that tariffs are a useful negotiating tool with certain countries, and maintains that he is willing to drop tariffs if and only if other countries remove their own trade barriers.
President Trump has spent the better part of two years defending and protecting the interests of the American people — and intimidation tactics by China will not phase that.
Do you believe China stands a chance in a trade war with the United States?
Do you think that China’s subtle “retaliation” tactics will have any major impact on the United States industry?
Leave us your thoughts in the comments section below.