What happen to reshoring?
US China suspends tariffs. Cut by 115%
US China suspends tariffs. Cut by 115%
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May 12 2025, 03:43 PM
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#1
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1 posts Joined: Dec 2021 |
What happen to reshoring?
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May 12 2025, 04:30 PM
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#2
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US can replenish those shelves now. What happened to Made in US?
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May 12 2025, 04:36 PM
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#3
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QUOTE(andrekua2 @ May 12 2025, 04:34 PM) price tag made in USA Yea those cuts likely only benefit China, unless they have a clause on China have to resume certain imports from US.one thing though... damage has been done. China cancelled USA soybeans, LNG, etc. Those farmers wont get their orders back. China buying LNG from Australia, not USA. |
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May 12 2025, 04:46 PM
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#4
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QUOTE(brian81st @ May 12 2025, 04:43 PM) not benefit china only, the trade benefits china and US. without china inputs, certain industry in US especially SME cant function, therefore sales and revenue will drop, triggering a recession. Yea definitely, but what did Trump achieve?and without china inputs, military complex cant function too, as this is critical for US own safety interest. |
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May 12 2025, 04:49 PM
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QUOTE(Wedchar2912 @ May 12 2025, 04:48 PM) He got to claim that he is the alpha. By destroying USA's reputation? Doesn't seem worth it..And now every other country will have to kiss his arse and thank him for 10% tariff on all. To be fair, if everyone gets taxed at 10%, it's basically just an import tax to reduce American appetite. billylks liked this post
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May 12 2025, 08:02 PM
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#6
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QUOTE(lurkingaround @ May 12 2025, 07:42 PM) . 30% is 10% (baseline same with other countries) + 20% fentanylNo lah. Other countries that did not impose Retaliatory Tariffs on USA after 8 April 2025, were granted 90-days pause on their Reciprocal Tariffs to allow tariff negotiations = they kena only 10% US Tariffs for 90 days. But CCP China bontot sakit, go and impose Retaliatory Tariffs on USA on 9 April 2024 until 125% and CCP China pun kena until 145% US Tariffs = US-China trade frozen. ....... So, AFAIK, this 90-days pause and 30% vs 10% Tariffs are mainly to unfreeze US-China trade and to reduce the US trade deficit with CCP China, ... which in 2024, were US$439 billion exported by CCP China to USA and only US$144 billion exported by USA to CCP China. To me, Scott Bessent is poor at maths, ie USA should have retained about 40% Tariffs on CCP China, in order to effectively reduce the US trade deficit bc US$439 billion vs US$144 billion is more like 40% vs 10%, not 30% vs 10% . . Wedchar2912 liked this post
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