When America first imposed tariffs on China, people shouted: It's time for China's economy to collapse; The reality is that americans have to deal with a much bigger inflation problem!
Prices are rising out of control and like a tornado.
It is time to end the trade war, otherwise it will only make the poor worse.
Inflation is not the result of a trade war, it's the result of the Fed printing money like crazy.
It is true that the world is affected by rising prices.
If it goes on like this, the homeless won't even be able to afford tents.
There is no doubt that tariffs have contributed significantly to domestic inflation.
Now the Biden administration needs to end this senseless dispute in a dignified way.
United States is collapsing in a way that no one notices, just like the Soviet Union. The policies of the last 20 years were totally wrong and the arrogance of the Americans caused them to miss their best chance to contain China when it started to rise.
Every US policy towards China is calculated by China, which is why the US always fails.
The US always creates problems internationally under the pretext of "national security", but at the end of the day these problems will end up being a burden on the taxpayers. Yet politicians never tire of these failures.
Trump is a loser. His trade war does not take into account the impact on domestic consumers.