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China slaps retaliatory tariffs of 84% on U.S. goods in response to Trump

longview said:
I wonder if they have a time warp, because last month was before last week, when the tariffs started.
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Our tariffs started well before last week. The US has been tariffing our steel, aluminum and other products for a while.

March 4: 25% on all goods except steel and aluminum, 10% on energy and potash.

March 12: 25% on steel and aluminum.
 
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ScrambledEggs said:
Not without major supply chain disruption
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Wouldn't China also have major supply chain disruptions too?

You seem to be arguing both sides here. If tariffs are bad for us then are they not also bad for China?

Trade wars are bad for both sides, but are they worse for the country with the trade surplus or the trade deficit?
 
eman623 said:
Wouldn't China also have major supply chain disruptions too?
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Yes.
eman623 said:
You seem to be arguing both sides here. If tariffs are bad for us then are they not also bad for China?
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Not as bad for China. They have other trading partners. The US is shedding 100% of theirs.
eman623 said:
Trade wars are bad for both sides, but are they worse for the country with the trade surplus or the trade deficit?
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Worse for the country that simultaneously starts a trade war with every country in the world.
 
eman623 said:
Wouldn't China also have major supply chain disruptions too?

You seem to be arguing both sides here. If tariffs are bad for us then are they not also bad for China?

Trade wars are bad for both sides, but are they worse for the country with the trade surplus or the trade deficit?
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No, because China doesn't import from the US like we import from them. That's like the entire point of a trade deficit.
 
Allan said:
Our tariffs started well before last week. The US has been tariffing our steel, aluminum and other products for a while.

March 4: 25% on all goods except steel and aluminum, 10% on energy and potash.

March 12: 25% on steel and aluminum.
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Hopefully they can stop all the nonsense.
 
Allan said:
Yes.

Not as bad for China. They have other trading partners. The US is shedding 100% of theirs.
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China has already maxed out most of its other trade partners.

For example, Japan is not going to replace the US as a trade partner with China. Japan already does 42% of their total foreign trade with China. They do 8% with the US.

The EU only does about 25%, so there's some room for growth there. But there's no replacement market the size of the USA waiting for China to come calling.

Allan said:
Worse for the country that simultaneously starts a trade war with every country in the world.
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Trump just paused all tariffs except for China

ScrambledEggs said:
No, because China doesn't import from the US like we import from them. That's like the entire point of a trade deficit.
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I think it hurts China far more than us. China lives and dies on exports to pay for their imports. China imports most of its energy and much of their food.
 
eman623 said:
think it hurts China far more than us. China lives and dies on exports to pay for their imports. China imports most of its energy and much of their food.
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Maybe. I'm not an economist, at the end of the day. Just eggs in a pan.
 
eman623 said:
China has already maxed out most of its other trade partners.
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Countries all over the world are looking for new supply chains and customers. China can fill those roles quite nicely.
 
China raising prices their citizens pay...

Hard to be mad about that. Dumb.
 
Chomsky said:
Exactly. The governments of the rest of the world can work with each-other to ease the burden & suffering of their citizenry.

We, on the other hand, must bear the full brunt of Trump - as we are essentially captive to him.

I suspect I'm not the only one that sees parallels to Putin and his suffering captive citizenry.
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Hang on, the ride has just begun.

2.webp

Weeeeeeeeeeeeeeeeeeeee

60.gif
 
eman623 said:
Is there anything that the US needs that we can ONLY get from China?
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Oh, that's an easy one.

There is
NOTHING
that the US needs
FROM
ANYONE.​

I mean that's what Mr Trump said and he'd never fib.
 
Chomsky said:
I didn't catch the "50%" figure.

Is that what is being proposed?
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Sorry, that was the "jump" and not the tariff.

~30, then ~50 means that the next jump will be to ~175% and the one after that will be to ~265% and then you can expect ~375%

So much winning that it's hard to believe.
 
Chomsky said:
The GOP is cutting Medicare & Medicaid funding. Trump is raising the price of medicine.

These two are a marriage made in heaven hell.
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But those are only going to have any effect on the welfare queens who live in the inner city, so the Republicans won't notice them at all - right?
 
Allan said:
This post won't age well.

Unlike America China has other trading partners that it's not engaged in a trade war with.

The US has none.
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Wait... what?

Who are the two largest trading partners for the United States? Is China on that list?

Who are the two largest trading partners for China? Is the US on that list?

China is running out of friends...

www.dentons.com

China announces tariffs targeting Canadian agriculture and food products

On March 8, 2025, China’s commerce ministry announced it will apply a 100% tariff on Canadian canola oil, oil cakes and pea imports, and a 25% duty on Canadian aquatic products and pork. The tariffs, which will go into effect on March 20, 2025, are being imposed in retaliation for Canadian...
www.dentons.com www.dentons.com
 
ScrambledEggs said:
The only potential positive catalysts for the next 90 days is Trump changing his mind depending on how much diwt coke and adderall he's eaten
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"A scary quote for the GOP on Trump and tariffs" - "“He’s at the peak of just not giving a f--- anymore,” a White House official with knowledge of Trump’s thinking told The Post. “Bad news stories? Doesn’t give a f---. He’s going to do what he’s going to do. He’s going to do what he promised to do on the campaign trail.”
 
Allan said:
Countries all over the world are looking for new supply chains and customers. China can fill those roles quite nicely.
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Canada is not one of those countries, apparently...
 
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