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Trump gives China one day to end retaliations or face extra 50% tariffs (arstechnica.com)

submitted 4 months ago by Deceptichum@quokk.au to c/world@quokk.au

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Tech companies' worst nightmare ahead of Donald Trump's election has already come true, as the US and China are now fully engaged in a tit-for-tat trade war, where China claims it expects to be better positioned to withstand US blows long-term.

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[–] AwesomeLowlander@sh.itjust.works 2 points 4 months ago

Problem with that hypothesis is there's plenty of big businesses that have been kissing his ass, but nobody got an exception from the current round of tariffs. See apple and their stock price