S&P 500 sees one of biggest days since second world war after Trump levies pause – as it happened
www.theguardian.com
Trump claims ‘China wants to make a deal’ after raising tariffs to 125%, while 90-day pause for most countries sparks market surge
  • NotMyOldRedditName@lemmy.worldEnglish
    12·
    27 days ago

    Trump should just create a tarrif that doubles whatever increase the target nation does.

    So tarrifs China 50%. China hits back 50% so now China is 150%

    Then China should do the same and raise tarrifs.

    Then we’ll have infinity tarrifs!

    • Anti_Iridium@lemmy.worldEnglish
      16·
      27 days ago

      And I think it should be exactly like that.

      Considering they have proven they can get algebra solved, with their (x-y)/x formula, China should retaliate with -50% tariff policy. United States doubles to -100%.

      Everytime you buy something from China, the US Government has to pay you it’s entire value.