DON’T BUY THE HYSTERIA.

DON’T BUY THE HYSTERIA.

Right now we export less to China than we do to Japan, South Korea and Singapore put together. That’s the point. So the effect of China’s new tariffs on the U.S. are yet another rounding error. Even if China banned all imports from the U.S., that would amount to only 0.6% of our gross domestic product. And we’d sell the stuff somewhere else.

Source: Opinion: The media is lying to you about Trump’s China tariffs | MarketWatch

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