Total Tariff On China Now 104 percent

[Palumboism]

Total Tariff on China is now 104 percent.  We've never seen anything like this before.  Is someone going to blink?  What happens next?

[1Patrick]

Funk is extremely upset.His real name is Lee Fung  and lives in Shanghai.

[robcguns]

Hahaha.

[IroNat]

[titusisback]

Poor people are going to suffer the most 

How are dollar stores for example supposed to survive?

[falco]

China and Europe are choosing to be on the loser side of the equation.

[BayGBM]

I suspect more than 80% of the stuff in my house (and yours) was made in China.

Computers? Yes
Monitors?  Yes
TVs?  Yes
Cell phones?  Yes
Tablet?  Yes
Printer?  Yes
Clothes? Yes
Hats?  Yes
Linens?  Yes
Cookware? Yes
Flatware? Yes
Furniture? Yes
Pharmaceuticals? Yes
Syringes? Yes
Covid masks?  Yes

Guess who blinks first?

[Sissysquats]

Poor people are going to suffer the most 

How are dollar stores for example supposed to survive?

   Become 2 dollar stores

[ElPolloSalmonello]

I suspect more than 80% of the stuff in my house (and yours) was made in China.

Computers? Yes
Monitors?  Yes
TVs?  Yes
Cell phones?  Yes
Tablet?  Yes
Printer?  Yes
Clothes? Yes
Hats?  Yes
Linens?  Yes
Cookware? Yes
Flatware? Yes
Furniture? Yes
Pharmaceuticals? Yes
Syringes? Yes
Covid masks?  Yes

Guess who blinks first?

You guys over there need to hold the course.

All that shit made in China represents a massive transfer of wealth and standard of living.

It might hurt - but it's for the benefit of you and the rest of the world IMO.

All these countries - European and Canada saying "our relationship with America is over" - well fuck those people.

You guys have been spending your taxes protecting them for decades and they shit on you after this? Fuck those people. Fuck them in the ass.

[loco]

"But what often goes unnoticed is President Biden’s role in continuing President Trump’s first trade war. In fact, more tax revenue from the trade war tariffs has been collected under Biden than under Trump."
https://taxfoundation.org/blog/biden-trump-tariffs/



"The Biden administration said Friday that it has finalized tariff hikes on certain Chinese-made products that the president first announced in May.  Trump implemented sweeping tariffs on about $300 billion of Chinese-made products when he was in office. President Joe Biden has kept those tariffs in place and, after the USTR finished a multiyear review earlier this year, decided to increase some of the rates on about $15 billion of Chinese imports."
https://edition.cnn.com/2024/09/13/politics/china-tariffs-biden-trump/index.html



"Back in 2018, lawmakers of both parties greeted President Donald Trump’s decision to slap tariffs on Chinese imports with widespread derision.  Six years later, most members of Congress are applauding President Joe Biden’s extension — and in some cases, expansion — of those tariffs, if not calling for him to go even further."
https://www.politico.com/news/2024/05/15/biden-tariff-reaction-trump-00158043

[joswift]

Poor people are going to suffer the most 

How are dollar stores for example supposed to survive?

whos going to suffer?

No ones forcing anyone to buy luxury goods

[Humble Narcissist]

Poor people are going to suffer the most 

How are dollar stores for example supposed to survive?

The Dollar Tree is now the Two Dollar And Four Cent Tree.

[joswift]

The Dollar Tree is now the Two Dollar And Four Cent Tree.

and full of shit that you might want but certainly not need

[IroNat]

Poor people are going to suffer the most 

How are dollar stores for example supposed to survive?

Poor people will do fine since they get all the free stuff, free medical care, Obama phones, food stamps, pay no income taxes, etc.

The middle class will take it on the chin.

[IroNat]

and full of shit that you might want but certainly not need

Mostly junk.

[Coach is Back!]

China doesn't have anything that we couldn't make here, and since most countries go through China, they will have no choice but to buckle especially since 70 countries are negotiating with the US.

[French]

Imagine an American citizen working 8 hours a day on a sewing machine, but paid 8 times less than the current minimum wage in the U.S.

This is just an example — globalization is not a conspiracy against Americans. Globalization is specialization based on comparative advantages.

The U.S. does not have the capacity to stop the $45 trillion in debt.

Americans will suffer severely and will return to globalization after permanently damaging their economy.

It's not America First, it's America Only.

That cannot work.

[IroNat]

Imagine an American citizen working 8 hours a day on a sewing machine, but paid 8 times less than the current minimum wage in the U.S.

This is just an example — globalization is not a conspiracy against Americans. Globalization is specialization based on comparative advantages.

The U.S. does not have the capacity to stop the $45 trillion in debt.

Americans will suffer severely and will return to globalization after permanently damaging their economy.

It's not America First, it's America Only.

That cannot work.

Watch us.

[LurkerNoMore]

Funk is extremely upset.His real name is Lee Fung  and lives in Shanghai.

If he did, he would not be worried about tariffs or any other financial woes.  You gotta be flush to live there.

[LurkerNoMore]

China doesn't have anything that we couldn't make here, and since most countries go through China, they will have no choice but to buckle especially since 70 countries are negotiating with the US.

Except the people to make those things.  We do not have the workforce that is willing to sit around and sew materials or screw and glue things together or box items for little money per day.  Attempting to replicate that feat would only make those items ever more expensive than you can imagine.

[LurkerNoMore]

Watch us.

Do what?  You really think America is going to give up Temu, dan dan noodles or the prices they are paying for goods now?

[French]

China has all the ingredients to manufacture every drug on Earth, including Fentanyl, yet there is zero drug problem in China.

Why? Discipline, commitment, absence of obesity, wokism, strong family values, no Black people, no Muslims, no proud homosexuality — in short, the unity of a population is the most incredible strength of this country, which has surpassed the Americans on all fronts.

Get your plane ticket and go visit China while enjoying it endlessly.

[LurkerNoMore]

China has all the ingredients to manufacture every drug on Earth, including Fentanyl, yet there is zero drug problem in China.

Why? Discipline, commitment, absence of obesity, wokism, strong family values, no Black people, no Muslims, no proud homosexuality — in short, the unity of a population is the most incredible strength of this country, which has surpassed the Americans on all fronts.

Get your plane ticket and go visit China while enjoying it endlessly.

Because drug dealers get the death sentence.

[Coach is Back!]

If anyone has read “The Art of the Deal” (I have twice), this is it in real time…

[tacobender]

Poor people are going to suffer the most 

How are dollar stores for example supposed to survive?

by changing the name