John Ruich

I keep learning again and again that hope is the right response to the human condition. And I have to learn this over and over again because despair is an incredibly powerful force in my life.

I keep learning again and again that hope is the right response to the human condition. And I have to learn this over and over again because despair is an incredibly powerful force in my life.

Yeah, Beijing really came out swinging today, once again, as it had promised. As you say, China announced that it was adding a 50% tariff on top of its other tariffs on U.S. imports, matching Trump's latest two escalations step for step. This takes the base tariff rate on U.S. imports into China up to 84%. Now, that's different than the base U.S. rate on Chinese imports to the U.S., which is 104%.

Yeah, Beijing really came out swinging today, once again, as it had promised. As you say, China announced that it was adding a 50% tariff on top of its other tariffs on U.S. imports, matching Trump's latest two escalations step for step. This takes the base tariff rate on U.S. imports into China up to 84%. Now, that's different than the base U.S. rate on Chinese imports to the U.S., which is 104%.

Yeah, Beijing really came out swinging today, once again, as it had promised. As you say, China announced that it was adding a 50% tariff on top of its other tariffs on U.S. imports, matching Trump's latest two escalations step for step. This takes the base tariff rate on U.S. imports into China up to 84%. Now, that's different than the base U.S. rate on Chinese imports to the U.S., which is 104%.

And that's because Trump imposed 20% tariffs earlier in the year and China responded differently. Since then, though, it's taken the gloves off. Here's Foreign Ministry spokesman Lin Jian speaking through an interpreter earlier today.

And that's because Trump imposed 20% tariffs earlier in the year and China responded differently. Since then, though, it's taken the gloves off. Here's Foreign Ministry spokesman Lin Jian speaking through an interpreter earlier today.

And that's because Trump imposed 20% tariffs earlier in the year and China responded differently. Since then, though, it's taken the gloves off. Here's Foreign Ministry spokesman Lin Jian speaking through an interpreter earlier today.

So in addition to the tariffs that were announced today, Beijing once again blacklisted a handful of U.S. companies, putting them on export control lists or unreliable entity lists.

So in addition to the tariffs that were announced today, Beijing once again blacklisted a handful of U.S. companies, putting them on export control lists or unreliable entity lists.

So in addition to the tariffs that were announced today, Beijing once again blacklisted a handful of U.S. companies, putting them on export control lists or unreliable entity lists.

Well, China's casting this whole thing in kind of stark black and white terms. It's essentially right versus wrong. Beijing projects itself as a champion of free and fair trade now and of multilateralism. And it accuses the U.S. of engaging in selfish and irresponsible protectionism, even blackmail in this case.

Well, China's casting this whole thing in kind of stark black and white terms. It's essentially right versus wrong. Beijing projects itself as a champion of free and fair trade now and of multilateralism. And it accuses the U.S. of engaging in selfish and irresponsible protectionism, even blackmail in this case.

Well, China's casting this whole thing in kind of stark black and white terms. It's essentially right versus wrong. Beijing projects itself as a champion of free and fair trade now and of multilateralism. And it accuses the U.S. of engaging in selfish and irresponsible protectionism, even blackmail in this case.

You know, President Trump said yesterday China wants to make a deal and he's waiting for them to call. Well, China's leadership has also flagged that it's willing to negotiate, but not under duress. The foreign ministry spokesman Lin Jian said the U.S. must adopt an attitude of equality, mutual benefit and respect.

You know, President Trump said yesterday China wants to make a deal and he's waiting for them to call. Well, China's leadership has also flagged that it's willing to negotiate, but not under duress. The foreign ministry spokesman Lin Jian said the U.S. must adopt an attitude of equality, mutual benefit and respect.

You know, President Trump said yesterday China wants to make a deal and he's waiting for them to call. Well, China's leadership has also flagged that it's willing to negotiate, but not under duress. The foreign ministry spokesman Lin Jian said the U.S. must adopt an attitude of equality, mutual benefit and respect.

I mean, ultimately, I think the Chinese leadership believes that China can tough it out and that in the long run, this trade war is going to damage the U.S. more than China. It's worth noting, of course, that China isn't the only country taking the path of retaliation. The European Union is planning to put sanctions on a range of U.S. goods from steel to non-alcoholic beer.

I mean, ultimately, I think the Chinese leadership believes that China can tough it out and that in the long run, this trade war is going to damage the U.S. more than China. It's worth noting, of course, that China isn't the only country taking the path of retaliation. The European Union is planning to put sanctions on a range of U.S. goods from steel to non-alcoholic beer.

I mean, ultimately, I think the Chinese leadership believes that China can tough it out and that in the long run, this trade war is going to damage the U.S. more than China. It's worth noting, of course, that China isn't the only country taking the path of retaliation. The European Union is planning to put sanctions on a range of U.S. goods from steel to non-alcoholic beer.