this post was submitted on 08 Apr 2025
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Please China, slap back with an even higher number. See if you can out bluff the annoying orange. I feel like American consumers are way more reliant on Chinese stuff than China is relying on American goods.
Hahaha.. China needs US consumers far more than US needs Chinese consumers.
There's a 200 billion+ trade deficit from China...
Edit: 300 billion
I highly doubt that, the rest of the world buys stuff from a China like crazy as well. They should be able to send the stuff elsewhere instead quite easily. What you're saying sounds just like something the orange idiot would say.
Sure. But they sell a huge amount to the US. And this is about a trade deficit between US and China. This one hurt the US like it will China - US can buy similar goods elsewhere, while the rest of the world can't compensate for the loss of sales to the US - they're already purchasing what they need.
I mean this is basic economics, and you all act like China can magically come up with new customers.
The current effective tariff on Chinese goods is 104%, and that doesn't include the tariffs on countries through which China ships. Those tariffs put Xi in a no-win situation. He can't even afford the 34% Tariff for any length of time, because of the massive overproduction going on. They have manufacturing going to meet demand 6 months from now, to compensate for distribution time. All that stuff will now sit in China, where they don't have storage capacity for it.