Politics Tariffs/Trade Wars

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Yea you would be pretty screwed if on one day its even 25% and then your competitor bought in at 10%" base rate " AKA VAT
Being said the importer whom will have intimate knowledge of market and product may have the lucrative oportunity to manufacturing. Don't feeel much pity for those that whine about it when they told the manufacturers to suck it up get efficient when they bought in low labour cost products from overseas that obviously put Amreicans out of work.
Irony is many of them were manufacturers.
 
Buffoon folded already, now Usa doesn't have tariffs on China but China does on Usa, art of the deal 😂
Actually, 145% on everything and 20% on certain electronics.
 
Actually, 145% on everything and 20% on certain electronics.

I don't know but I've heard, that if the companies tried to manufacture those same products from chinese components in the US, the tariff would be 145%.
 
I don't know but I've heard, that if the companies tried to manufacture those same products from chinese components in the US, the tariff would be 145%.
I hadn't heard that. But anything that you have tariffed that high, pretty much means you don't want it. It's far past revenue generation.
 
Covid helped change things. Chinese should have been honest. Listening to Trump, he'd like Iran to be great again but if not and in the same questionnaire responds to China tariffs? with I used to get on with Xi but after covid it is a bridge too far.
 
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1744606715950.webp


Surely this isn't Trump's next attempt to pump and dump the market again for himself and his billionaire friends.

Surely he wouldn't let the market crash all day, and then 2 hours before close change his mind again, but make sure to tell his billionaire friends 20 minutes beforehand.

Surely, he'd never do such a thing
 
🇨🇳🇺🇸 China has suspended exports of a wide range of critical minerals and magnets, threatening to choke off supplies of components central to automakers, aerospace manufacturers, semiconductor companies and military contractors around the world, - NYT
 
🇨🇳🇺🇸 China has suspended exports of a wide range of critical minerals and magnets, threatening to choke off supplies of components central to automakers, aerospace manufacturers, semiconductor companies and military contractors around the world, - NYT

And Usa will do what now, they even send the few rare earth they have to China for processing.
 
What is the main lesson?
It's a good thing that Biden has been replaced, and that a senile old man is not in charge of the world's most important superpower.

The real luck was that Kamala Harris was not elected, because women are so unpredictable.

Now we have to really root for Trump's health to be good for another four years, because Vance would be much worse.
 

Guess that a "call" does not equate to winning
 
Did Bessent's comment just put the CCP Trade Minister on the "disappeared" list.

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