Starting today August 7th, 2024, in order to post in the Married Couples, Courting Couples, or Singles forums, you will not be allowed to post if you have your Marital status designated as private. Announcements will be made in the respective forums as well but please note that if yours is currently listed as Private, you will need to submit a ticket in the Support Area to have yours changed.
So what you are saying is that you'll end up paying close to 30% more for their goods. And they'll only pay close to 10% extra on yours. And for some completely inexplicable reason, you think that's a good deal.
Well, I've been following it very closely indeed. I have no idea what Chinese companies were telling their governments, but I certainly know what US ones were telling the white House.
Walmart, Target CEOs privately warned Trump tariffs could lead to empty shelves soon
Two U.S. retailers warned President Trump his sweeping tariff policy could disrupt supply chains and lead to empty shelves in the coming weeks.www.cbsnews.com
And then we have Trump nonsensically suggesting that kids only need two dolls instead of thirty and hey, what if they cost a few bucks more (and wasn't he going to drop prices from Day One?). Which is exactly what was going to happen. The Chinese would have dug in and worn any economic problems. I mean, these guys play for real. I was being facetious when I asked about the pressure Chinese companies might have put on the Chinese leadership. I can tell you without any doubt that it was zero. Their system doesn't work like that.
He folded. The whole world watched as he did and that will impact any discussions that he has with anyone else. And try to bluff any of the major players? They'll get the best deal they can while behind the scenes they'll be making deals to go elsewhere. It's a big world out there. Trump thinks it revolves around him. He's learning that it doesn't.
Yes. Because the Chinese government is not a friendly government and the USA, as well as the rest of the world, really ought not have been paying trillions of dollars into China. America and the rest of the world should stop supporting the Chinese government with trillions of dollars. American & other international corporations really ought to have their manufacturing facilities in nations that don't have a communist one-party dictator style government.
So why don't you stop buying their goods? I mean you personally. And your family. And all your friends. Why do Walmart et al keep importing them? Because you shop there. Do you really need me to explain this to you any further?
Before President Trump raised tariffs on Chinese goods in 2025, the average U.S. tariff rate on Chinese imports was approximately 20.8%, as established during the Biden administration. This rate primarily stemmed from tariffs imposed during Trump's first term (2017–2021) and maintained or slightly increased by the Biden administration, with a notable adjustment in September 2024 that raised the average from 19.3% to 20.8% So we’re only talking about a 9% increase.
Trump has actively sought to isolate China economically by urging its trading partners to reduce their trade engagements with China. This strategy involves leveraging tariff negotiations to pressure over 70 countries to scale back their dealings with China in exchange for reduced tariffs on their exports to the U.S. The aim is to diminish China's role in global supply chains and compel Beijing to make trade concessions.
Before Trump started the trade war China imposed an 8 % tariff on US goods and the US imposed 20.8% on Chinese goods.
Ah but before we were going to be paying 145% markup on Chinese goods. See Trump is already hard at work undoing the mess he created just a couple weeks ago.
And? More reason to stop buying their goods. Where you'll get what you want I have no idea. Do you think you're going to suddenly find a way to make everything cheaper in the US? The thing that puzzles me is that if you could, why didn't you do it before?
I guess he thinks it's like someone telling you he's going to cut your wages by 50%. And when you complain, he says 'Well, I've done a great deal and I'm sure you'll be pleased. I'm only going to cut them by 10%'. Gee, thanks boss. You really have my best interests at heart.
A 9% increase is not a 30% increase, as you’ve kept repeating. Of course things are cheaper were there’s slave labor or close to it. Do you want to support that just so you can save $4.50 on what was a $50 purchase?
From here: https://apnews.com/article/china-us-tariffs-timeline-trump-xi-1eeed2865dc7b14e23d7eb8069ba41ea and here: How US tariffs on China have changed since Trump's first term
China being that stubborn country that requires US importers to actually send money to get stuff shipped over.
It's 30% v 10% at the moment. Please concentrate on those figures. Now whether you want to pay the extra is entirely up to you. Australia isn't in a trade war with China. You are. You, being the US, can win the war by not buying Chinese goods. Off you go. Start a movement. Write to your Congressman or woman. Picket Walmart. What you do is up to you. But as I said, where you're going to get the same goods at the same price is beyond me. They'll be more expensive if bought from another country (and you have tariffs on everyone) and a lot more expensive at some time in the future if you try to build them at home.
So Trump negotiated a 9% additional import tax on imported Chinese goods that didn't exist before. What success. SMH.
So you're paying 30% extra for the goods from China. And they are paying 10% extra for US goods. What a deal!
