News / trade-war
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1 min read
China got Boeing planes. You got a $1,500 tax bill.
Read more . . . →The whole sales pitch was that China was going to pay. Not you — China. Tariffs were going to force them to capitulate, manufacturing was coming home, and American workers were going to win big. What actually happened: tariffs hit 145%, the US shed over 100,000 manufacturing jobs, small manufacturers watched their profit margins drop 24%, and the average household is out $1,500 this year in higher prices. Not China. You. So Trump flew to Beijing. First US president to visit China in nearly a decade. He came back with soybeans and Boeing planes. China agreed to buy American agricultural...
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