The US and China are embroiled in a trade war, with significant statistical impacts. The US has threatened to impose an additional 50% tariff on Chinese goods. This comes after China announced retaliatory tariffs of 34% on US imports and restricted US access to rare earth metals. The trade war began in 2017, and despite the ongoing conflict, China claims to have continued developing and progressing. Chinese state media and government statements have reassured citizens and businesses that while US tariffs will have an impact, “the sky won’t fall.” They assert that “the more pressure we get, the stronger we become.” As of now, the trade rivals remain in a stand-off, with US tech companies facing higher costs and supply chain disruptions.
Michael R. Strain
@MichaelRStrain
·
Feb 1 1/ President Trump’s first trade war increased consumer prices. It reduced manufacturing employment and made domestic manufacturing less competitive. It failed to reduce the trade deficit. The second trade war is likely to more severely increase prices and reduce employment and
Bhavika Kapoor
@BhavikaKapoor5
·
23h Trump’s wisdom:
The USA total trade deficit: $917 billion from the world.
He announced tariff war ….and the result:
9 trillion loss in the USA stock markets!
To save $917 billion he has already blown up $9 trillion
Leon Simons (looking up)
@LeonSimons8
·
Apr 3 Quick, Trump level maths on global tarrifs shows about half a trillion $:
Trade deficit / US Imports * 50%
$1062 B / $3080 B * 50% = 17%
17% * $3080 B = $524 Billion
Leaving a $2.55 trillion deficit.
Real world impacts are immeasurable.
The poor will suffer most, as always
James Connor
@toJamesConnor
·
Mar 9 BREAKING: Trump’s tariff war wiped out $3.5 TRILLION in market value already (between Feb. 19 and Mar. 7)—to maybe collect $256B in tariffs from Canada and Mexico annually.
That’s torching $13.67 for every $1 America might make. A 93% loss. And tariffs raise prices on nearly
rustytillery
@rusty__tillery
·
Apr 2 It’s important to research. Tariffs are a fee, tax or whatever you want to call them.
In these charts, the “Tariffs charged to the U.S.A.” Column is the trade deficit divided by U.S. imports from that country
China trade deficit (imbalance)
= $295.4Billion
US imports from
James Connor
@toJamesConnor
·
Apr 4 Did the Math. How insane is Trump’s Tariff War?
• For every $1 in potential tariff revenue… $19.56 in market value has been lost (through April 4th, 2025).
• That’s a 95% economic loss.
• Equivalent to trading a crisp dollar for a shiny nickel.
• Congress has to step
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