> China stands to gain from the ongoing trade wars between the US and its allies, the European Union’s foreign policy chief Kaja Kallas said in an interview with Bloomberg Television.
> “Who is laughing on the side or looking at the side is China,” Kallas said Thursday on the sidelines of a Group of Seven meeting in Canada. “It’s really benefiting from the US having a trade war with Europe.”
> Her comments came hours after US President Donald Trump threatened to impose a 200% tariff on wine, champagne and other alcoholic beverages from France and elsewhere in the EU, the latest escalation in a growing transatlantic trade war.
> Trump made the threat in response to the EU’s plan to tax American whiskey exports, a retaliation against Trump’s steel and aluminum tariffs.
> Kallas reiterated the EU’s readiness to retaliate while calling for restraint as trade wars usually trigger inflation peaks that harm consumers.
> “We keep a cool head and of course we are ready to act and defend our interest when we need to,” she said.
> As investors took stock of Trump’s latest tariff threats amid another benign inflation report, a three-week selloff in US stocks resumed in force on Thursday. That pushed the S&P 500 into a correction that left it at the lowest in six months.
Dependent_Reveal_309 on
Yet the china goverment can’t take care of its people.
No-Community- on
Everyone is laughing at trump’s taxes
augenwiehimmel on
Little orange man makes world laugh. Little man is sad, wants to be respected.
Legitimate-Olive1052 on
In other news Trump is a joke.
Stay tuned more at 11.
ElisYarn on
To be honest; the whole world is laughing at the US right now. As we did the last time you let that orange clown ‘lead’ you
Popular_Jicama_4620 on
Xi knows trump is erratic, look for him to keep pressuring Taiwan, he sees how trump betrayed Ukraine, he knows trump will betray Taiwan as well .
cjp2010 on
Well sounds like trump needs to get on stage and declare “infinity tariffs on everyone!!!!!!!!”
nUts_oldsql on
The entire world is laughing at US right now! They set up a world record for ruining their reputation and becoming Clown country #1, speedrun edition
SirMasterDrew on
They are laughing when reports come out of China like they ready to cut off meat from the US. Trump made China the global leader in green energy. And all our Allie’s hate us because of tariffs war between friendly folks. Makes no sense our economy is down prices are rising and a Republican ran government looks like this every time. Not once had we had a good economy under the GOP party.
smallbatter on
why can’t China laught ?
h0ls86 on
Sure they are, they got 10% tariffs while being US adversary, Canada and Mexico got 25%+ as “allies and partners”.
whoopz1942 on
And now the US is begging Denmark for eggs supposedly – after Trump trying to interfere with the Greenlandic election and threats of tariffs, they’re an absolute joke. I’m guessing those egg prices aren’t getting lower any time soon.
“American authorities have contacted the Danish Eggs trade association. Eggs have become a hot political issue in the United States due to rapidly rising prices and shortages in supermarkets.”
“Eggs in the US have become a scarce commodity due to the outbreak of bird flu, and therefore the United States is calling for eggs from Europe. Danish egg producers are calling for a relaxation of import regulations in the US”
China is going the “Don’t disturb the enemy of while he’s harming himself”
Pale_Investigator433 on
The orange clown is cornering himself
Expert_Part_9115 on
This politician is clueless. Trump does not particularly like or dislike China or any other countries. Trump wants wins, quick and easy wins! China is too tough and fully prepared, not to mention China has the ability to eliminate US military force in west Pacific region with its vast manufacture capacity.
On the other hand, Canada, Mexico, EU consisting of small countries (who often do not know how small they are) are obviously much easier to crack. Tell me, who do you think he is gonna pick fights with?
Aethericseraphim on
Of course. They were losing right up until November last year. The US fucks up and decides it wants another round of Putin’ favorite cumdump and China has been winning straight since, without even having to lift a finger.
eslof685 on
Their officials were laughing when they released the covid virus as well.
dslearning420 on
Do nothing. Win.
justwalk1234 on
To be fair they don’t really need to single out China in this case.
Civil_Station_1585 on
China wonders and plans for what the next hundred years will bring while US is concerned with quarterly reports.
DifficultyMaterial51 on
Everyone is laughing at the US.
FinancialSurround385 on
100% understandable.
Young-Rider on
China just sits back and watches the shitshow. They don’t have to do much of anything. Anything that weakens the Western alliance is good for Xi. Never interrupt your enemy as he’s making mistakes.
24 commenti
From the article:
> China stands to gain from the ongoing trade wars between the US and its allies, the European Union’s foreign policy chief Kaja Kallas said in an interview with Bloomberg Television.
> “Who is laughing on the side or looking at the side is China,” Kallas said Thursday on the sidelines of a Group of Seven meeting in Canada. “It’s really benefiting from the US having a trade war with Europe.”
> Her comments came hours after US President Donald Trump threatened to impose a 200% tariff on wine, champagne and other alcoholic beverages from France and elsewhere in the EU, the latest escalation in a growing transatlantic trade war.
> Trump made the threat in response to the EU’s plan to tax American whiskey exports, a retaliation against Trump’s steel and aluminum tariffs.
> Kallas reiterated the EU’s readiness to retaliate while calling for restraint as trade wars usually trigger inflation peaks that harm consumers.
> “We keep a cool head and of course we are ready to act and defend our interest when we need to,” she said.
> As investors took stock of Trump’s latest tariff threats amid another benign inflation report, a three-week selloff in US stocks resumed in force on Thursday. That pushed the S&P 500 into a correction that left it at the lowest in six months.
Yet the china goverment can’t take care of its people.
Everyone is laughing at trump’s taxes
Little orange man makes world laugh. Little man is sad, wants to be respected.
In other news Trump is a joke.
Stay tuned more at 11.
To be honest; the whole world is laughing at the US right now. As we did the last time you let that orange clown ‘lead’ you
Xi knows trump is erratic, look for him to keep pressuring Taiwan, he sees how trump betrayed Ukraine, he knows trump will betray Taiwan as well .
Well sounds like trump needs to get on stage and declare “infinity tariffs on everyone!!!!!!!!”
The entire world is laughing at US right now! They set up a world record for ruining their reputation and becoming Clown country #1, speedrun edition
They are laughing when reports come out of China like they ready to cut off meat from the US. Trump made China the global leader in green energy. And all our Allie’s hate us because of tariffs war between friendly folks. Makes no sense our economy is down prices are rising and a Republican ran government looks like this every time. Not once had we had a good economy under the GOP party.
why can’t China laught ?
Sure they are, they got 10% tariffs while being US adversary, Canada and Mexico got 25%+ as “allies and partners”.
And now the US is begging Denmark for eggs supposedly – after Trump trying to interfere with the Greenlandic election and threats of tariffs, they’re an absolute joke. I’m guessing those egg prices aren’t getting lower any time soon.
“American authorities have contacted the Danish Eggs trade association. Eggs have become a hot political issue in the United States due to rapidly rising prices and shortages in supermarkets.”
“Eggs in the US have become a scarce commodity due to the outbreak of bird flu, and therefore the United States is calling for eggs from Europe. Danish egg producers are calling for a relaxation of import regulations in the US”
“The US is desperately short of eggs” – [Source](https://fodevarewatch.dk/Produktion/article17995775.ece?utm_source=Feed&utm_medium=latest)
China is going the “Don’t disturb the enemy of while he’s harming himself”
The orange clown is cornering himself
This politician is clueless. Trump does not particularly like or dislike China or any other countries. Trump wants wins, quick and easy wins! China is too tough and fully prepared, not to mention China has the ability to eliminate US military force in west Pacific region with its vast manufacture capacity.
On the other hand, Canada, Mexico, EU consisting of small countries (who often do not know how small they are) are obviously much easier to crack. Tell me, who do you think he is gonna pick fights with?
Of course. They were losing right up until November last year. The US fucks up and decides it wants another round of Putin’ favorite cumdump and China has been winning straight since, without even having to lift a finger.
Their officials were laughing when they released the covid virus as well.
Do nothing. Win.
To be fair they don’t really need to single out China in this case.
China wonders and plans for what the next hundred years will bring while US is concerned with quarterly reports.
Everyone is laughing at the US.
100% understandable.
China just sits back and watches the shitshow. They don’t have to do much of anything. Anything that weakens the Western alliance is good for Xi. Never interrupt your enemy as he’s making mistakes.