China responds to Trump’s 104% tariff with an 84% tariff on all U.S. imported goods.
“It’s unfortunate that the Chinese actually don’t want to come and negotiate because they are the worst offenders in the international trading system. I can tell you that this escalation is a LOSER for them.” Treasure Secretary Scott Bessent
“They can raise their tariffs, but so what?”
In 2024, the U.S. imported goods from China totaling $438.9 billion, while China only imported goods from the U.S. worth $143.5 billion, resulting in a significant trade imbalance.
‘SO WHAT?’ – SCOTT BESSENT TORCHES CHINA AFTER 84% TARIFFS: “It’s unfortunate that the Chinese actually don’t want to come and negotiate because they are the worst offenders in the
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