China strikes back as US trade war intensifies

[Wales-Bales]

I't will make America poorer and China will probably end up buying even more of the debt that Trump and the Republicans have created by reducing tax revenues and massively increasing spending. Then again if there is a real trade war rather than the posturing we are seeing here then China's biggest leverage is to stop buying that debt. He seems to be running the country like his businesses, massive gearing and leave others to pick up any failures.

Perhaps Trump's four dimensional chess is thinking that China will own so much of the USA by the end of his tenure that they will have a vested economic interest in making America great again!

What is he going to do to Amazon? Try to get back the $150k the Trump campaign spent with them?

Are you saying Trump is a Dumbo when it comes to Economics?

[lardy]

Are you saying Trump is a Dumbo when it comes to Economics?

He's filed for bankruptcy six times (but he counts three of them as just the one).

[Wales-Bales]

He's filed for bankruptcy six times (but he counts three of them as just the one).

In that case I won't be buying my next penthouse from him!

[Taunton Blue Genie]

In that case I won't be buying my next penthouse from him!

I didn't realise that it was still on the shelves.