Miscellaneous News

Phead128

Major
Staff member
Moderator - World Affairs
Trump says if China does not withdraw its 34% tariff increase by tomorrow, April 8th, the US will impose “ADDITIONAL Tariffs on China of 50%, effective April 9th."
View attachment 149561

So to recap:
  • 20% for "fentanyl"
  • 25% for "any importing Venezuela oil"
  • 34% for "reciprocal"
  • 50% for "cuz we can"
  • 24.3% for previous trade war round 1.0 effective tariff rate
  • Total: ~153.3% tariffs.
Beijing should treat this as full-scale economic embargo. ~153% tariffs is effectively economic decoupling and a trade embargo/sanction. That's even higher than what I'd expect in an Taiwan AR situation.

Unironically, I welcome them to go harder.

edit: added Venezuela import tariffs
 
Last edited:

FriedButter

Brigadier
Registered Member
So to recap:
  • 20% for "fentanyl"
  • 25% for "any importing Venezuela oil"
  • 34% for "reciprocal"
  • 50% for "cuz we can"
  • 24.3% for previous trade war round 1.0 effective tariff rate
  • Total: ~153.3% tariffs.
Beijing should treat this as full-scale economic embargo. ~153% tariffs is effectively economic decoupling and a trade embargo/sanction. That's even higher than what I'd expect in an Taiwan AR situation.

Unironically, I welcome them to go harder.

25% for trading with Venezuela, 500% for trading with Russia. Etc.

Road to 1000%.
 

sndef888

Captain
Registered Member
Honestly I don't hate Trump

He's at least a normal person, not some two-faced political psychopath like the rest of the US government

Look at what he's saying, his demeanor. He's just a normal guy who loves his country and hates war.
He's surrounded by warmongers and neocons but I hope he manages to keep them at bay and doesn't get kennedy'd

You can tell he doesn't really hate China. He should be given a good position once China becomes the global economic leader.

 

SanWenYu

Major
Registered Member
So to recap:
  • 20% for "fentanyl"
  • 25% for "any imporing Venezuela oil"
  • 34% for "reciprical"
  • 50% for "cuz we can"
  • 24.3% for previous trade war round 1.0 effective tariff rate
  • Total: ~153.3% tariffs.
Beijing should treat this as full-scale economic embargo. ~153% tariffs is effectively economic decoupling and a trade embargo/sanction. That's even higher than what I'd expect in an Taiwan AR situation.

Unironically, I welcome them to go harder.
Taiwan should be getting really scared as normal trade relations with the western countries is about the only thing holding Xi from pressing that button.
 

iewgnem

Captain
Registered Member
So to recap:
  • 20% for "fentanyl"
  • 25% for "any importing Venezuela oil"
  • 34% for "reciprocal"
  • 50% for "cuz we can"
  • 24.3% for previous trade war round 1.0 effective tariff rate
  • Total: ~153.3% tariffs.
Beijing should treat this as full-scale economic embargo. ~153% tariffs is effectively economic decoupling and a trade embargo/sanction. That's even higher than what I'd expect in an Taiwan AR situation.

Unironically, I welcome them to go harder.
You mean en European style embargo where they embargo their own life support. A few percentage of export revenue loss seems a pretty small price to pay to see the elimination of China's only strategic rival.

Also there's an important detail in China's export control on rare earth magnets: it's not just against the US, it's global. In other words China already low-key established the mechanism to actually embargo the US from access to any and all manufactured goods regardless if the company tries to produce them in third party countries, e.g if you sell anything to America China doesn't like, you get cuts off from electric motors, or anything else China adds to export control.

China is playing for either unconditional American surrender or annihilation, or as FM already said, China will fight to the end. I don't think Americans or most Chinese has mentally prepared for what that means yet.
 

tokenanalyst

Lieutenant General
Registered Member
You know what will be interesting? Lets reduce the US trade deficit in a single day, most countries with a trade surplus with the US should band together and reduce or even ban the exports of essential goods that the US needs for a month and when these stooges complain about what is essentially an embargo, these country should respond with "Hey, we only resolving the issue that you are crying about"
 
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