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China Has Quietly Implemented A 6% Across The Board â€˜Tariffâ€™ On All US Imports:

By: capt_nemo in POPE 5 | Recommend this post (0)
Sat, 30 Jun 18 4:16 AM | 45 view(s)
Boardmark this board | Pope 5

Msg. 03273 of 62138
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â€œSince Trump started to rattle his trade war sabre, the last three months have seen the offshore Chinese Yuan tumble over 6% (crashing almost 4% in the last two weeks alone)â€¦. This massive drop in the value of the Yuan mirrors the violent devaluation, snap in 2015â€¦. All of which suddenly makes US imports to China 6% more expensive than they were in Q1 â€“ a stealth tariff.â€

http://www.zerohedge.com/news/2018-06-27/china-has-quietly-implemented-6-across-board-tariff-all-us-imports

Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.

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