President Trump plans to put 100% tariffs on Chinese imports to help Ukraine’s quasi dictator Zelensky survive a few more months in Ukraine. Because Wal-mart imports 60% of it’s stuff from China the tariffs cost will be passed on to poor and middle class Americans that shop at Wal-mart.
Eighty percent of global solar panel production is also Chinese. Trump’s actions won’t help reduce the cost of energy self-reliance off-grid further.
One might guess that the tariffs won’t be popular with consumers being gouged at Wal-mart because of the tariff on China. There will be mid-term political repercussions for the new tariff that won’t be helpful for the United States as more lunatic Democrats may be elected to take over the House and Senate.
Tesla is set to introduce sodium batteries in its 2026 modules that recharge in 4 minutes to 80% of capacity, last for a half million miles and have a range of over 500 miles. Solar power is important for Americans that will want to recharge the new batteries in lower priced cars because sodium is far cheaper than rare Earth minerals to buy. President Trump may not be aware that Tesla should not be impeded with Chinese auto sales next year as its battery advantage may not last forever. Tariffs could permanently damage American auto sales advantages in the Chinese market.
If the thoughtless billionaire league would double American wages and make a 100% cost of living adjustment for social security then the 100% Trump tariffs would be more tolerable. Yet it is the bloody aloof rich that have no trouble paying for food and basic items that configure such importunate policy deeds. The ultra rich and their mindless class of the West feel they can corner the global market and reduce wages while raising the cost of living for the majority of Americans under the guise of punishing China. It is the rich that invested in and built up the China trade to start with while transitioning the U.S.A. into a service economy rather than manufacturing.
Those rich that have invested in China the past several decades are not being sanctioned- just consumers in the United States. They outsourced U.S. jobs, imported cheap illegal workers, invested in China and made the cheap Chinese imports the rationale and excuse for stagnating U.S. male wages since the 1970s. Now they want to sanction American consumers. The sycophant media would criticize Americans who criticize the sanctions yet did not invest in China like the 1%ers. Americans are supposed to patriotically support the sanctions in effect, on themselves placed by a first generation American.
