Wednesday, September 19, 2018

The Trade war hurts the most the poorest people in the U.S. and China

Where do the poorest people shop (because they cannot afford to shop anywhere else)? Walmart.

Because of this the poorest people in America will now begin to suffer because most products sold in Walmart were either made or partially made in China or other places like Viet Nam or Pakistan or Bangladesh or elsewhere where labor is much cheaper than here in the U.S.

Also, the poorest people will also suffer in China for much the same reason (if there is anything that they can actually afford that is made in the U.S. But, the worst hurt are companies who sell stuff to the U.S. because often people won't buy stuff here if it costs 25% more here. So, the most hurt in China will be the people that make the stuff that is sold in Walmart that won't be sold here now so they will all lose their jobs in China. This makes people angry enough with the U.S.  in China because of Trump to make them want to have a war with the U.S. (similar to World War II because of the Trade war against Japan that created Pearl Harbor attack in Hawaii.

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