“…China to impose extra tariffs of 10%-15% on various US farm products”

“China on Tuesday swiftly retaliated against fresh U.S. tariffs, announcing 10%-15% hikes to import levies covering a range of American agricultural and food products, and placing 25 U.S. firms under export and investment restrictions…”

https://finance.yahoo.com/news/china-impose-extra-tariffs-10-051302666.html

Is the word “reciprocal” a foreign concept around the world? How is this not understood? Tit for tac tariffs will not work. This is actually kind of funny to see. The world is getting a crash course in finance. Once they lock themselves out of the U.S. market they’ll lower their tariffs.

The U.S. has all the cards. We are the #1 economy. We are also capable of being completely independent. That means we do not need any products from other countries. We do not need any of you. Trying to hurt us economically will only hasten American made product production.

The founding fathers and Americans for a long time after were known as isolationist. This is how we became the richest. It’s how we became the strongest. Attempting to cut us off in any way shape form or fashion will only make us stronger. I highly recommend people around the world read a history book. A big part of understanding economics is understanding history. Also learning what “reciprocal” means would help.