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LakeVermilion

(1,042 posts) Sat Jun 16, 2018, 11:04 AM Jun 2018

Perhaps the worm will turn when China puts tariffs on US oil products...

https://www.msn.com/en-us/finance/markets/china-delivers-on-retaliatory-tariffs-as-trade-feud-heats-up/ar-AAyGZbZ

Sure farmers are going to pay, but that was expected. Perhaps the unexpected is that crude oil products would be subject to tariffs.

Perhaps urban/suburban Americans will benefit because our country will have a surplus of oil, so prices may moderate.

Anyway, the "easy to win" trade wars can quickly spin out of control.

2 replies

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Perhaps the worm will turn when China puts tariffs on US oil products... (Original Post) LakeVermilion Jun 2018 OP

Maybe, but first ChicagoRonin Jun 2018 #1

I'm thinking that Chinese tariffs put the squeeze on American oil companies. LakeVermilion Jun 2018 #2

ChicagoRonin

(630 posts)

1. Maybe, but first

Reply to LakeVermilion (Original post)

Sat Jun 16, 2018, 11:38 AM

Jun 2018

Trumpistas will blame China, Fox will pick up on it, and hate crimes against all Asians will rise.

LakeVermilion

(1,042 posts)

2. I'm thinking that Chinese tariffs put the squeeze on American oil companies.

Reply to ChicagoRonin (Reply #1)

Sat Jun 16, 2018, 11:43 AM

Jun 2018

I've read that the Koch's are against the trade wars, so this wouldn't help matters.

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