Now up to 500%. US ratcheting up the steel tariffs in USDs to protect US steelworkers as USD zombie China reduces USD terms for China steelworkers. Probably moved down to just 2 bowls from a previous 3 bowls daily ration of dog brain soup so the USD tariff rate had to be moved up accordingly. Can they go down to just one bowl now?
Article indicates China USD zombies freaking out so they could become even more irrational don't put anything past them! Scary!!!!
The US has slapped tariffs of 500pc on Chinese steel imports, sparking fears of a trade war. https://t.co/6TRLJmbqLo pic.twitter.com/jXBlC59IFX— Financial Review (@FinancialReview) June 23, 2016