this post was submitted on 10 Apr 2025
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Summary

Trump escalated his trade war with China by raising tariffs to 125%, even as he dropped tariffs on other nations to ease recession fears.

China retaliated with 84% tariffs on U.S. goods, triggering a high-stakes standoff with both sides refusing to back down.

Experts warn the escalating tit-for-tat threatens global markets and diplomacy. Trump’s team calls China a “bad actor,” while Beijing frames the U.S. as a bully.

Each side believes time favors them, making de-escalation unlikely. Business leaders urge talks, but neither leader wants to appear weak.

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[–] atzanteol@sh.itjust.works 83 points 1 year ago (2 children)

This is why you don't elect a FUCKING REALITY SHOW ACTOR AS PRESIDENT.

[–] j0ester@lemmy.world 4 points 1 year ago

Butt… butt… me egg prices.

[–] verdantbanana@lemmy.world 3 points 1 year ago* (last edited 1 year ago) (1 children)

our elections are a sham and there are a lot of disenfranchised voters that not allowed to vote here and the candidate that wins is always preselected

voters here take all the blame for the actions of our sold-out elections

[–] SaltSong@startrek.website 13 points 1 year ago

Are you using the US or China as your "here?" Because I don't think it's quite that bad in the US, but I don't think anyone blames the voters in China.

[–] Cephalotrocity@biglemmowski.win 57 points 1 year ago (2 children)

Business leaders urge talks, but neither leader wants to appear weak.

Trump already backtracked on tariffs for most of the world and the timing makes it look like the severity of China's retaliation is the reason. He already looks weak.

[–] grue@lemmy.world 15 points 1 year ago* (last edited 1 year ago)

Trump looks weak by every act he does, from smearing on his orange clown makeup in the morning to vomiting out thin-skinned unhinged screeds over Xitter at night, and every insecure bullying coward act in between. He's the weakest president the US has ever had, by a mile.

[–] alvvayson@lemmy.dbzer0.com 12 points 1 year ago (1 children)

He will backtrack when new inflation figures hit. It might take 3-6 months, but China definitely has the stronger hand, by far.

Trump can avoid the inflation by allowing Chinese goods to come through countries like Vietnam or Mexico. This is basically the status quo.

It allows Trump to save face without huge inflation for US consumers.

[–] Zerlyna@lemmy.world 4 points 1 year ago (1 children)

We pay tarrif based on country of manufacture not where it ships from. Trust me I’m looking everywhere for loopholes right now.

[–] alvvayson@lemmy.dbzer0.com 6 points 1 year ago

Correct, so what China does is ship almost completed stuff to Vietnam, they do the final piece of manufacturing and export that.

It's not as easy as a transshipment, but for the longer term it works out.

[–] gravitas_deficiency@sh.itjust.works 32 points 1 year ago (1 children)

And China will not blink first, because at the end of the day it’s running a command economy. This is like having a stare down with a bullet train while standing on the tracks.

[–] henfredemars 14 points 1 year ago

He picked a fight that he must lose.

[–] samus12345@lemm.ee 15 points 1 year ago* (last edited 1 year ago)

China can pursue trade deals elsewhere, especially since the US is leaving a trade void by being so unreliable. Nobody trusts the US, nor should they considering they started it. It's pretty clear who's at a bigger disadvantage.

[–] Mateoto@lemmy.world 10 points 1 year ago (2 children)

The last one was just a grifter move to funnel more cash to his billionaire buddies.

This time, it’s more strategic — the goal is to weaken China. The alliance between Russia, Iran, and China is built on a shared opposition to the U.S. and Western democracy. But Trump’s return throws a wrench into that dynamic.

Putin sees an opportunity: Isolate and economically hurt China, and improve Russias own leverage on the global stage — all while using Trump as a tool once again.

[–] capital_sniff@lemmy.world 10 points 1 year ago

Putin is operating like it is last century. Trump is operating like it is two centuries ago.

[–] MuskyMelon@lemmy.world 0 points 1 year ago

Russia has no cards to play against China unfortunately. Putin can't even move his Far East troops out of Vladivostok for fear of China and a two-front war.

[–] aldfin@lemm.ee 6 points 1 year ago

This is awful for the global economy and it’s definitely looking more and more like these tariff tantrums from the US is just a dying empire desperately trying to fight against its eventual demise. China has already overtaken the US in many areas and it is really showing.

[–] snf@lemmy.world 5 points 1 year ago
[–] etchinghillside@reddthat.com 3 points 1 year ago

But who will fart first?

[–] DarkDecay@lemmy.world 1 points 1 year ago (1 children)

I don't feel good about the group of amateurs trump has surround himself with. They will be eaten alive by anyone with actual economic and trade strategies

[–] CheeryLBottom@lemmy.world 4 points 1 year ago (1 children)

Like Mark Carney, current Prime Minister of Canada ;)

[–] DarkDecay@lemmy.world 2 points 1 year ago

Yes. Someone like him would be great

[–] HubertManne@piefed.social -5 points 1 year ago

If its just china im actually pretty fine with the tarrifs. I hope the lesson for businesses is to diversify the supply chain as much as possible because lets face it trump is not the only incarnation of crazy we have seen in the world lately.