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DO NOT UNDERESTIMATE CHINA.
“China holds $800 billion of US Treasury bonds. They're quietly dumping them. They are now refusing to sell us rare earth minerals. They're posting on TikTok the actual prices of luxury goods made in China and then sold in the US for 4 times more. They just rejected shipments of beef at their ports and have made a separate deal with Australia to buy all their beef.
If you aren't paying attention to China, you should be. They're engaging in a soft war, and they're winning. All because he started an unnecessary trade war with these ridiculous tariffs.”
Image, courtesy of Peter Muldoon 🤭
“China holds $800 billion of US Treasury bonds. They're quietly dumping them. They are now refusing to sell us rare earth minerals. They're posting on TikTok the actual prices of luxury goods made in China and then sold in the US for 4 times more. They just rejected shipments of beef at their ports and have made a separate deal with Australia to buy all their beef.
If you aren't paying attention to China, you should be. They're engaging in a soft war, and they're winning. All because he started an unnecessary trade war with these ridiculous tariffs.”
Image, courtesy of Peter Muldoon 🤭
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