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China tries to capitalize on Trump tariff turmoil



China tries to capitalize on Trump tariff turmoil

President Trump moves to impose new tariffs on semiconductors and drugs as Chinese President Xi tries to capitalize on Trump’s tariff turmoil in an effort to become the preferred trading partner for other nations. Senior Fellow for Geoeconomics at the Council on Foreign Relations Jonathan Hillman and Axios Economic Reporter Courtenay Brown join Christina Ruffini to provide more insight on the economic impact.

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#Trump #China #Tariffs

View 36 Comments

36 Comments

  1. @MadelinDaouze on

    I believe once $XAI27K breaks 70 cents it will get to 1 dollar that same cycle. maybe 1-5 years it will reach $10. if you want 10 million dollars within 3 years you need to get into $XAI27K now. if willing to wait 8 years you likely need 20-30K xai9 coins. it is about how long you are willing to hold for that will yield best results

  5. @andrewwilson71 on

    Yeah sure Elon Musk is the creator of $XAI27K coin but looking past his politics it is truly a money-making coin right now. Think of BTC 2010, that is the potential of this coin

  11. @hplian29 on

    Trump has to make sure those companies who promised to make hundreds billion investment in US soil has to start ASAP, because 4 years term is not long. To avoid like Foxconn Wisconsin case from happening again.

  12. @reneestevez7193 on

    At one point, we need to start repatriating those jobs back home.
    Yes, it is true that we can not implement tariffs and repatriating jobs at the same time but now is when we must begin!

  15. @Camilla_Kudrin on

    1.4 billion people 👍🏻
    The biggest manufacturer in the world 👍🏻
    The biggest economy in the world 👍🏻
    China will win, anyway 🇨🇳🇨🇳🇨🇳🎉

  23. @No-More-Trump on

    Here's the national security investigation that should happen: why were US semiconductor companies allowed to buy back stock instead of investing in their own businesses? Answer: Republicans. Intel bought back $80 billion in stock and then cried to Congress claiming they needed help to compete against China's chip makers. The very sophisticated GPU chips are mostly designed and "made" by Nvidia, a US company led by a brilliant American-Taiwanese CEO. Nvidia is a fabless manufacturer, which means they don't manufacture anything. They outsource manufacturing, mainly to Taiwan. It's doubtful Trump knows this. This what we're up against – galactic incompetence. A man making enormous decisions for America's economy who knows nothing about America's economy. Tragic.

  25. @studfinderball on

    All Congress has to do is enact a surtax on America's millionaire/billionaire class. A tax of $2 million per person and the national debt disappears and there's an $8 trillion dollar budget surplus. With the debt gone no other country has any bargaining power. We own the world. ($2 million x 22 million millionaires in America) ($1 million dollars x one million = $1 trillion)

  27. @noeltarr8834 on

    After the fall of the USSR in 1991, The US started fighting one Benjamin Netanyahu's war after another. China went on buiding one country after another and creating new markets in Africa, Europe, Asia, South America, and The Caribbean with the Belt Road Initiative.

  30. @sfsd911 on

    It's sad to say that some unpatriotic, idiotic Americans would like President Trump to fail and China to succeed. What a way to love your country! China has been cheating, stealing, robbing us and the world for the past 4 decades since they were allowed to join the WTO. China does not play by the rules. China impose heavy tariffs on American products.