https://sg.finance.yahoo.com/news/us-tariff-increase-200b-chinese-040333406.html
Let's see how China will retaliate after the US$200b tariffs.
Many analysts and economists had said that China had nothing more to tax but they're dead wrong. Why?
China can make up the shortfalls by increasing the tariffs on already taxed US goods and this is unlimited. Tariffs can go up to 1,000% or higher until the US goods cannot be sold in China anymore.
It will be interesting to see what will happen when the US & China don't trade with each other.
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1 comment:
Like I said .... BEST BTFD moment!!! :)
Will be eagerly waiting over next 3 months to pick up good solid companies.
Hope things will get MUCH WORSER first ... give me more time & discounts!
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