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 US China suspends tariffs. Cut by 115%

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diffyhelman2
post May 12 2025, 03:47 PM

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QUOTE(ipohps3 @ May 12 2025, 03:39 PM)
yes, WINNING

MAGA!

Tonight TO DA MOON ?????  rclxm9.gif  rclxms.gif
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QUOTE(TiramisuCoffee @ May 12 2025, 03:39 PM)
like pak n india…  laugh.gif
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India stock market also up 3.5 %. cukur I invest in both.
diffyhelman2
post May 12 2025, 04:00 PM

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QUOTE(mick84 @ May 12 2025, 03:58 PM)
美对中:从145%降至30%
中对美:从125%降至10%
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like this , still considered 美方 win, owai.
diffyhelman2
post May 12 2025, 04:53 PM

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QUOTE(ipohps3 @ May 12 2025, 04:50 PM)
meanwhile for others
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Well China base rate is 30%.
diffyhelman2
post May 12 2025, 05:04 PM

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QUOTE(Wedchar2912 @ May 12 2025, 05:02 PM)
If we believe all the noise about how cheap products from china is... Like luxury bags costing only 1K usd but sold retail at 38K usd.

What is 30% tariff rite? The cost is just 1.3K usd and can sell for 40K usd.

Yum yum.
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luxury products are a poor example for the majority of stuff china export to US. iphones and electronics would be better and their margins are definitely under 100%. so a 30% tax is still significant.
diffyhelman2
post May 12 2025, 05:08 PM

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QUOTE(lurkingaround @ May 12 2025, 05:07 PM)
.
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wait. who is the tiger in this story?
diffyhelman2
post May 12 2025, 05:30 PM

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QUOTE(vhs @ May 12 2025, 05:27 PM)
China has the whole supply chains from start to end, only needs raw materials. It is not easy for USA to duplicate the same thing, (1) being too rich (2) being smaller in population and hence fewer people willing to get involved in those low end manufacturing industries at the beginning of the supply chain (3) even if USA tries to re-create the whole supply chains, it will take several years before it can be fully established

USA panics when China start to become the leader in the latest trendy goods, such as solar panels, EV, smartphones. But actually there are still a lot of other areas China is still playing catch up, such as software, fashion brands, semiconductors, financial services, films and entertainment etc. USA probably looking at the whole issue the wrong way and did not realize there should be rooms for everyone to be excel at certain areas, instead of a single nation must monopolize everything.
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national security. USA doesnt care if they cant make the shirts or toys or even solar panels and EV. they care if they cant make the chemicals for their medicines, steel for their ships or chips for their hi tech.
diffyhelman2
post May 12 2025, 05:34 PM

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QUOTE(vhs @ May 12 2025, 05:31 PM)
USA can always subsidize those "national security" industries to ensure they survive in USA market place, instead of using a hammer to disrupt all trades and goods so that every USA citizens must donate lots of money in the form of tariff to the government.
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agree. however subsidy is "big government" ie need a large federal oversight and investment, something democrats love but republicans hate, while tariff only require a small gomen involvement due to easier to adminsiter and no need to shell out money.

 

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