Trump Threatens 50% Tariff On China, Here’s What That Means For The Global Supply Chain
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Although with all of Trump’s threats you have to ask is he even going to commit to it or will he just TACO out like always? I mean he did so when he threatened to annihilate the ‘civilisation’ of Iran (thankfully), with all the other tariffs, with foreign relations, when he said he’d be a president for peace, etc, etc, etc…
BUT BY ALL MEANS let’s humor him this time.
An verified report came out suggesting that Beijing might send Iran an air defense system and Trump freaked OUT, threatening to impose a 50% tariff on China, CHINA, chinachina.
Here’s what he said:
“I hear news reports about China giving [Iran] the shoulder missiles… what’s called the shoulder missile, anti-aircraft missile. I doubt they would do that… but if we catch them doing that, they get a 50% tariff, which is a staggering — that’s a staggering amount.”
Sorry, I blacked out, what are we talking about? Oh yeah…
So obviously this would be bad for the global supply chain, most likely passing on that 50% pay hike on to American consumers, like all the other tariffs.
But will it actually happen? Idk. Probs not, right? Maybe let’s not make an article all about it until something actually happens, yeah? Maybe let’s not waste our time here. We’ve only got one life to live. One life guys, let’s not spend our brain power worrying about what Trump might maybe do based on the garbage things he says.
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