Complaining about unreasonable duties and other restrictions China places on U.S. manufacturers, Trump announced duties on select Chinese imports. In response, China raised their tariffs even further. The most concerning for Wall Street were those on soybeans, partially or totally deterred tobacco, undeterred tobacco, and utterly shameless tobacco.
Tariffs will also affect “vehicles equipped with a compression-ignition reciprocating piston internal combustion engine and a drive motor that can be charged by plugging in an external power source.” Exempt are those with equid-driven power systems, also known as “horse-drawn carriages.”
In searching for new imports to tax, China added to the list non-Chinese-speaking camelids, peanuts processed in a facility that also processes peanuts, and wheat-based corn. Said one farmer in Narnia, “This will definitely impact us where for generations, the White Witch let us and the beaver family raise corn from wheat seeds.”
Noted Wall Street alarmist Jed Whooshan was alarmed by the added tariffs on 1,1,1-trichloro-2,2-Bis(4-chlorophenyl)ethane products, primary shaped epoxy resin and odd-shaped bubblegum. In a call to subscribers to his newsletter, he changed his recommendation from buying gold to buying more gold. “The only thing that would change my recommendation,” he said, “is if China allowed in 1,2,1-trichloro-2,2-Bis(4-chlorophenyl)ethane. In which case, investors should buy gold.”
The China-U.S. trade issue mirrors the trade problem plaguing Bristol. In an effort to level the playing field with Southington, the Bristol city council is considering tariffs and leveling their playing field, which is two inches higher at one end. In the crosshairs are imports of apples, female escorts and toys won at booths in the Southington half of Lake Compounce.