https://www.npr.org/2019/08/13/750770595/trump-administration-delays-some-china-tariffs
The Trump administration is postponing some of its new tariffs on Chinese imports — a significant retreat in the trade war that has rattled financial markets on both sides of the Pacific.
The Office of the U.S. Trade Representative announced on Tuesday that 10% tariffs on certain popular consumer items — including cellphones, laptop computers, video game consoles, computer monitors and some toys, shoes and clothing — will be postponed until Dec. 15.
'What we've done is we've delayed it, so they they[sic] won't be relevant to the Christmas shopping season,' President Trump told reporters.
I guess it really is easy to win a trade war: just saber-rattle but never actually do things.
(Score: 1, Insightful) by Anonymous Coward on Tuesday August 20 2019, @03:14AM (1 child)
Translation: We could either spend hundreds of billions every year blowing up brown people, or we could have social programs.
Americans choose blowing up brown people, because "there is no money."
Conclusion: Americans lack fuzzy dice and must compensate for it by waving their tightly circumcised military dick over the entire planet.
(Score: 0) by Anonymous Coward on Tuesday August 20 2019, @03:32AM
It is called the welfare-warfare state, and it is deservedly despised by anyone who knows what they are talking about not profiting greatly from it.