Posing the other tweet that tphuang was replying to in that chain.
Trump 2.0 official thread
- Thread starter siegecrossbow
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Posing the other tweet that tphuang was replying to in that chain.
That’s true. And for US a decision was made not to, and use others’ reserve instead.
Even now they want it to be done in Australia, Russia, Ukraine, etc…
you know what its looking like? a show to crank prepper panic purchasing
good ol cryptobro rugpull courtesy of the whitehouse
good ol cryptobro rugpull courtesy of the whitehouse
He won't, just like TikTok. At this point threat of tariffs going back up is China's card, not American.
There are a couple of secondary effects that has big and funny implications:
1 - The 90 day pause on Vietnam tariffs expire before this 90 day, which means unless Trump extend that one again, which he has to, in 60 days Vietnam and India will both see see 2x China tariffs, lol
2 - Any US buyer who even entertained the idea of looking for non-Chinese or local suppliers are now back to a position of being unable to compete with Chinese imports and back to having to source from China, meanwhile Chinese sellers who already spent a month developing other markets are even less dependant on US. The one-way coupling is much stronger than before April.
3 - For the tiny number of people who were dumb enough to actually invest in US manufacturing, they just got rug pulled and likely will never be able to recover, nor re-attempt.
4 - Perhaps most importantly, we just established US has zero will nor ability to fight a hot war with China over Taiwan where they have to face an actual total embargo, for all practical purposes this trade war was America's Suez moment.
Lastly I think people are focusing too much on the US pausing tariff for 90 days when its both side that did so, which means Trump can't unilaterally extend it another 90 days, he'll have to get China to agree. From now on China will, and based on Xinhua's article yesterday, are already started to extract concession from the US, just so Trump can be allowed to not tariff China.
Not equivalent at all, China's issue with semiconductors is China does not control ALL semiconductor industry, while US issue with RE is US has ZERO domestic supply. China is already one of the world's biggest semiconductor producers and the gaps are only in most leading nodes and leading lithography equipment, both China can fill. while US has no RE processing capability at all and they have no ability to fill that gap.
As a general rule of thumb, nobody is equivalent to China, in anything.
Trump has to pay a political price for trying to run the country as if he is stronger and has higher political power than a kings of yore.
manqiangrexue
Brigadier
For US items, 80%-145% makes no difference. China makes plenty of things where those numbers make or break the sale and plenty of things where even higher numbers don't stop the sale.
In your dreams. The CCP has put its foot down this time that the US must eat all of its tariffs. It's the national policy.
There is, however, 1 way that Chinese manufacturers help American importers, and that's by creating false invoices and underdeclaring value of shipments to drastically reduce tariffs. Although I'm not sure how much that matters because American ports themselves have been just letting shipments go without payment because of "computer issues."
American consumers are gonna eat all of it and it will affect consumer spending, since it's not a yes/no question but a question of how much.
The biggest lesson Don the Con learned this time (or perhaps he didn't) is that this isn't Trade War I. China is a different beast in 4 years. Did you learn it?
Americans are gonna eat all of it but when it comes to the argicultural goods sold to China, Americans will reduce prices for Chinese tariffs because those goods expire and no one else is big enough to buy them.
You're projecting America's production inefficiencies to China. A 50-60% tariff on Chinese goods probably can't even produce a tangible effect for American manufacturers.
LOL That's an understatement. Like basically all of them haven't shut down. Chinese trade has increased, not decreased since Trump's ill-thought out attacks.
They're not on hold; nobody's waiting for you. We believed you'd hold out for much longer, years at least. They're producing for other countries. America doesn't consume that much with most of its expenses going into education and healthcare.
Smart businesses diversify. American businesses eat their own tariffs.
That biz keeps the US running. Clearly the US hasn't reduced reliance or it wouldn't have kicked up all that shit just to end up coming to Beijing for talks that put things back to where they started.
That's... stupid. I have no idea why you post things without checking. I see other people corrected you later and now you know rare earths aren't rare; it's the refinement.
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US gained nothing by escalating and then de-escalation like a roller coaster. Jobs won't return at 30% or 10%, the damage to US credibility and prestige is far more than the benefit of a 'framework mechanism to talk about talking' or whatever they are trying to spin as a victory.
MelianPretext is right when comes to narrative damages streaming from trade - deal, but this is how western MSM is reading: