cross-posted from: https://lemmy.zip/post/47176268
President Donald Trump told reporters on Monday that China has to give the United States magnets or “we have to charge them 200% tariff or something” amid a trade dispute between the two nations.
Archived version: https://archive.is/20250825175243/https://www.reuters.com/world/china/trump-says-china-has-give-us-magnets-or-face-200-tariff-2025-08-25/
Disclaimer: The article linked is from a single source with a single perspective. Make sure to cross-check information against multiple sources to get a comprehensive view on the situation.
He understands what they do for him, which is to tank and rebound specific markets in a predictable way so that he and his goons can insider trade.
There was never a trade war - he doesn’t give a shit about the economy. It’s market manipulation.