Steven Chung
04-08

China export to U.S. is only 12.9% of its total export in 2024. For anyone to think the latest 50% tariff tit-for-tat childish gamble by Trump is going to make China cave in to his threat is a joke. When one don't produce much and yet is the largest consumer, you don't impose tariff on import. trade deficit is a result of lazy politicians who never focus on building US up through industry 4.0 and infrastructure expansion such as bullet train, green energy, battery tech and most of all the need to maintain the dollar as a reserve currency. US can't have its cake and still eat it. Either US lose its reserve currency status to boost the start of re-industrialization /reshoring of manufacturing in US, or keep the global currency status and keep buying cheap stuffs. US citizens should wake up and retake their destiny from corrupt and incompetent policy makers lead by an egotistical clown

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