The last month, the U.S. enjoyed a trade surplus with China, “Rock Me Amadeus” topped the Billboard Hot 100, Geraldo Rivera found some empty bottles in Al Capone’s vault, and Halley’s Comet passed by the planet.
The last month, the U.S. enjoyed a trade surplus with China, “Rock Me Amadeus” topped the Billboard Hot 100, Geraldo Rivera found some empty bottles in Al Capone’s vault, and Halley’s Comet passed by the planet.
Yes, a ledger showing a trade surplus with China appears almost as rarely as does Halley’s Comet.
So, when its commerce ministry vowed this week that “China will fight to the end,” the question arises: Fight with what?
People who do not buy American stuff promise not to buy American stuff.
This does not seem as scary as when Donald Sutherland let out a bird-like screech at the end of Invasion of the Body Snatchers.
China hiked its tariff on American goods to 84 percent on Wednesday, shortly before the Trump administration announced a 90-day pause on reciprocal tariffs with one glaring exception: China.
“China will be raised to 125 due to their insistence on escalation,” Treasury Secretary Scott Bessent explained, calling the nation a “bad actor.