Dow drops 2,200 points Friday, S&P 500 loses 10% in 2 days as Trump's tariff rout deepens: Live updates
www.cnbc.com
China's commerce ministry said Friday the country will impose a 34% levy on all U.S. products.
  • Dimmer06 [he/him,comrade/them]@hexbear.netEnglish
    19·
    23 hours ago

    Imo it’s the former. Take a hit in the short run but ruin everyone else and buy what they have left. They genuinely could be trying to reshore industries but they will be even more monopolized than before so they could offset the losses by dictating the new cost of everything.