Well, I don't know about y'all, but I can survive very well by not buying stuff, so if the shelves are empty...I don't care.
But...if the importers aren't placing any orders, what is that doing to the Chinese manufacturers? Nobody is buying their stuff and they aren't making any money.
Instead of crying because you can't get that cheap stuff from China...stuff you probably don't really need...be happy that China has it orders of magnitude worse.
I guarantee, they'll blink long before WE need to blink.
btw, I don't see empty grocery shelves at my Walmart. Food is plentifully available. That's probably because we don't get our food from China.
Well, this was quite a simplification. Here are the tariffs currently in place (not resting…
)
10% General Import Tariff
Introduced on April 5, 2025.
Applies to all imported goods from all countries.
The aim is to address the large and persistent trade deficit.
145% Tariff on Chinese Goods
Introduced on April 9, 2025.
An escalation of the trade conflict with China.
Trump has indicated that this rate may be reduced "significantly," but not to zero.
25% Tariff on most goods from Canada and Mexico:
Introduced on March 4, 2025, after a brief pause in February.
25% Tariff on Imported Vehicles and Auto Parts
Applies to passenger cars, light trucks, and key components such as engines and transmissions.
Came into effect in March 2025.
25% Tariff on Steel and Aluminum
Reintroduced and expanded in March 2025.
Previous exemptions and exclusions have been revoked.
Now applies to all countries without exception.
I reserve the right that there may be additional tariffs on other countries right now (today at 10:49 Swedish time). The US administration is a complete mess at the moment. Proposals aren’t really proposals, they’re decisions one moment, but not the next. Decisions aren’t really decisions, until suddenly they are and then they aren’t again. It’s hard to keep track of what’s what with all these shifting threats, deals, and off-the-cuff ideas. And by the way,
China will not blink. Of that, I am sure. It's quite obvious to a history buff like me and it should be to anyone calling themselves the president of any country from the get go. And if it's not, the experts within the departments should inform him. But wait a minute... weren't they laid off and replaced with nutcases?
theweek.com
