RolStoppable said:
Trump's underlings are buying the USA some time, but 30% is still insane. As usual, they got no concession from the other side out of this. |
Supposedly, China is going to buy more goods from the USA. The problem is, Chinese consumers don’t really need a lot of what the USA sells. They don’t have the voracious appetite that American consumers have, or at least their domestic market meets their needs. Also supposedly China is making concessions about precursors to fentanyl that are sold overseas. There is no evidence of either of these things, and the last time Trump made such a claim, China didn’t buy what he promised they would buy.
Fun fact: the Qing empire was once in a situation where British consumers had a voracious appetite for Chinese tea, silk, and porcelain, but were not interested in anything Britain produced other than silver. So the British started growing addictive drugs in India and flooded the Chinese market with them.
