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Trump Blinked

Bradskii

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I'm not worried about it. Despite all your warnings the sky still hasn't fallen and there's more good news than bad.
Why not say that upfront? You've spent quite a lot of posts defending it. As has been said, the impact of these tariffs aren't immediate. Companies used to run slim overheads when it came to warehousing imported goods. Now they're more likely to carry some stock, just in case...

It'll bite soon enough. And not just with China. With all the goods from umpteen countries that Trump has decided you're going to have to pay extra for And I'm going to ask you again...

Are you going to start manufacturing everything you get from the Chinese or are you going to wear the extra cost - imposed by Trump. Let me know. Let's discuss it. Let's find out how you're going to do it and drop prices. I'm keen to know how you think it's going to be done.

Let's face it, that's why you're paying extra.
 
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Vambram

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China being that stubborn country that requires US importers to actually send money to get stuff shipped over.
The unfair, and some say illegal, trade practices of China towards US importers and US businesses are much more serious than that.
 
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Bradskii

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And that in response to it being pointed out that the cost of all your imports will rise. Presumably you'll be disappointed if they fall.

But don't worry. Trump will make sure that won't happen.
 
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Vambram

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And that in response to it being pointed out that the cost of all your imports will rise. Presumably you'll be disappointed if they fall.

But don't worry. Trump will make sure that won't happen.
What I am looking forward to happening is for the Chinese government and the Chinese economy to stop being one of the most powerful and dominant forces in the world. The communist Chinese government will always be up to no good. Their government represents a side of evil, of communism, in my opinion.
 
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Bradskii

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What I am looking forward to happening is for the Chinese government and the Chinese economy to stop being one of the most powerful and dominant forces in the world.
And you're pleased to be paying more of your hard earned money because you think that might happen? Really? And there's Trump telling you all this financial pain is to bring manufacturing back to the US. Nobody seems to want to discuss that. Probably because nobody can actually see it happening.

And I point out what's going to happen to your prices and the responses I'm getting are 'I'm pleased' and 'I don't care'.

And there's me thinking that high prices were one of the main reasons you voted for the guy. Obviously that wasn't the case, was it...
 
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sjastro

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What I am looking forward to happening is for the Chinese government and the Chinese economy to stop being one of the most powerful and dominant forces in the world. The communist Chinese government will always be up to no good. Their government represents a side of evil, of communism, in my opinion.
If there is one country that can effectively disrupt China's economy is Australia as China is heavily dependent on mineral exports from Australia.

China's Mineral Imports by Country (2022)​


CountryImport Value (USD)% of China's Mineral ImportsKey Minerals Supplied
Australia$96.35 billion67.8%Iron ore, lithium, copper, coal
Brazil~$22.3 billion~15.7%Iron ore, manganese
South Africa~$6.1 billion~4.3%Chromium, platinum group metals
Chile~$5.4 billion~3.8%Copper, lithium
Indonesia~$4.2 billion~3.0%Nickel, bauxite
Others~$8.3 billion~5.4%Mixed sources

Australia has China in a very vulnerable position when it comes to lithium imports.

China’s Lithium Imports by Country (2022)​


CountryImport Value (USD Million)% of China's Total Lithium Imports
Australia16,00094%
Chile1,0005.9%
Others00.1%
Total17,000100%

An embargo on lithium exports would effectively destroy China's ability to manufacture EV's, smartphones, laptops, tablets etc.
Do you think Australia would be stupid enough to succumb to Trump's 10% extortion payments when the alternative is far worse with China, Australia's biggest trading partner, imposing retaliatory tariffs?

Australia has rejected overtures from China to "join hands" to fight US tariffs nor is it willing to participate in Trump's idiotic deals or as that imbecile puts it a backside kissing exercise.
Trump has a better chance of striking a trade deal with the penguins of Heard and McDonald islands who incidentally are Australian citizens.
 
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Hans Blaster

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Vambram

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And you're pleased to be paying more of your hard earned money because you think that might happen? Really? And there's Trump telling you all this financial pain is to bring manufacturing back to the US. Nobody seems to want to discuss that. Probably because nobody can actually see it happening.

And I point out what's going to happen to your prices and the responses I'm getting are 'I'm pleased' and 'I don't care'.

And there's me thinking that high prices were one of the main reasons you voted for the guy. Obviously that wasn't the case, was it...
The communist Chinese government will always be up to no good. Their government represents a side of evil, of communism, in my opinion.
 
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Bradskii

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The communist Chinese government will always be up to no good. Their government represents a side of evil, of communism, in my opinion.
Is China truly communist? No way. Walk down Nanjing Road in Shanghai and you could be in Causeway Bay in Hong Kong, or Oxford Street in London. It's like Capitalism Central.

But why don't you address what I post? This 'China bad, America good' is a worthless bumper sticker. I can only assume that you don't have any answers.
 
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wing2000

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BPPLEE

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Analysts say the company can use its scale and wide supplier base to keep prices down for customers, even as tariffs raise its costs. This could help Walmart gain market share against competitors in the coming months.

Walmart is “well positioned to manage tariffs” given its deep relationships with suppliers, low prices and other strengths, Bank of America analyst Robert Ohmes said in a note to clients this week. The company sells fewer products from China – around 15% of its overall items – than most retailers, so tariffs hurt it less than other businesses.
 
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BPPLEE

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Tariffs targeting specific commodities were in place (solar, EV's, etc). There was no blanket tariff in place for China until this year.

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.
 
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wing2000

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Inevitable.

Walmart, which became the nation’s largest retailer by making low prices a priority, has found itself in a place it’s rarely been: Warning customers that prices will rise for goods ranging from bananas to car seats.

Given the magnitude of the duties, however, the highest since the 1930s, higher prices are unavoidable, and they will hurt Walmart customers already buffeted by inflation over the past three years.



 
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wing2000

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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.

Source?
Consumers were not paying tariffs on direct purchases from Chinese online retailers.
 
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Bradskii

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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.
On a tariff rate that Trump initiated! You just posted that very information.

'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'.
 
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