Fire and Tariffs
The Biden administration has stirred the pot like a wildfire announcing new tariff rates on Chinese imports. Quadrupling tariffs on Chinese electric vehicles doubling the import tax on solar cells and tripling tariff rates on lithium ion batteries sure sounds like a battle brewing in the Seven Kingdoms.
The White House's Iron Throne
The White House is playing the Game of Tariffs hoping to protect American industries from unfair competition. Looks like President Biden is channeling his inner Khaleesi trying to reclaim the iron throne of domestic manufacturing.
Dragon's Warning
"China is producing at a rate that's far in excess of any plausible estimate of global demand," a senior official warned. Sounds like someone's dragons are breathing down the competition's neck ready to protect the realm from economic coercion.
Xi's Response
Xinhua the Chinese government news agency dismissed the claims as 'unfounded' showing that even in the real world dragons clash with propaganda.
Infrastructure vs. White Walkers
Biden's official 'Infrastructure Week' resembles Jon Snow's fight against White Walkers with Cabinet officials traveling the country to rally support. The new tariffs might just be the dragonglass needed to fend off cheap Chinese imports.
No Dragons No Inflation
While Goldman Sachs warns of inflation from tariff hikes the White House insists there will be 'no inflationary impact.' Looks like Khaleesi's tariffs won't be making your grocery bills soar like Drogon over King's Landing.
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