TL;DR
China retaliated with tariffs. Get ready for another trade war—and economic fallout.
Story
Trump’s trade war: Round 2? Remember 2018?
China just slapped new tariffs on US goods. Supposedly, it’s about fentanyl. Really, it’s a trade war.
Here’s how it works: ‣ Tariff: A tax on imported goods. Like making your neighbor pay extra for borrowing your lawnmower—they might just buy their own.
So, US goods get pricier in China. Chinese goods get pricier here. Everyone loses.
Remember the 2008 crash? Or Enron? Greed and bad decisions snowball. This feels similar. People are panicking—stocks might tank. John, a retired teacher, invested his savings. Now, he’s staring at losses, wondering if he can afford groceries.
This isn’t a game. It’s a house of cards, built on shaky promises. And when it falls… well, look at history.
Advice
Diversify investments. Keep some cash. Don’t put all your eggs in one basket—especially if that basket is on fire.
Source
https://www.reddit.com/r/stocks/comments/1j33oce/just_in_china_imposes_15_retaliatory_tariffs_on/