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Parameters of the China deal
Posted on 5/12/25 at 2:13 am
Posted on 5/12/25 at 2:13 am
14
Posted on 5/12/25 at 3:06 am to The Egg
This is happening too fast, imo, and I for one was hoping to see some measure of decoupling. Coupling with Marxist China is not in our long term interests.
Posted on 5/12/25 at 3:22 am to Bengalbio
You are talking about decoupling. This is about decoupring.
Posted on 5/12/25 at 4:15 am to The Egg
The fact that China had lose major face agreeing to a 30% tariff while only having a 10% one tells you all you need to know about who is winning so far
Posted on 5/12/25 at 4:37 am to Lt. Columbo
quote:
The fact that China had lose major face agreeing to a 30% tariff while only having a 10% one tells you all you need to know about who is winning so far
You may be right but will they actually honor it or screw around so they can unload their built up inventory and buy them more time. Trump should still be setting up deals to get our medicine and steel back home, at minimum.
Posted on 5/12/25 at 4:45 am to wryder1
That’s why it is only at 90 days. Time to put on a microscope to China, Singapore, Vietnam, etc to see if they try any weird shite. If they do, back up it’ll go.
Posted on 5/12/25 at 5:12 am to The Egg
RogerInTheCuckChair isn't gonna like this
Posted on 5/12/25 at 6:32 am to The Egg
China sent us $525B in exports last year.
At a 30% tariff rate that would mean $158B in additional tax revenue for us over the next 12 months.
At a 30% tariff rate that would mean $158B in additional tax revenue for us over the next 12 months.
Posted on 5/12/25 at 6:55 am to The Egg
YUGE news
Posted on 5/12/25 at 6:56 am to Lt. Columbo
quote:
The fact that China had lose major face agreeing to a 30% tariff while only having a 10% one tells you all you need to know about who is winning so far
Yep. From 2019 to early 2025 US had a 19.3% tariff on China while China had a 21.1% tariff on the US. To get a deal like this is definitely a win for Trump.
Only concerning thing is the 90 days. If China starts loading up on food, oil, and other materials of war far above their averages before 2024 we better be looking out.
Posted on 5/12/25 at 7:00 am to LB84
I think we are seeing a slow decoupling from china, or at least I hope we are. If I am a company looking to manufacture something I would think twice about setting up shop in china, because the past few months have shown that this relationship is very unstable and unpredictable. Not only that China itself is highly untrustworthy. There are better countries out there to make a product. India stands to benefit greatly from our souring relationship with China. Manufacturing in America also stands to benefit greatly.
Posted on 5/12/25 at 7:06 am to Bengalbio
quote:
This is happening too fast, imo, and I for one was hoping to see some measure of decoupling
Neither the US nor China can function without the other, I think they get the point.
The grift is over, they may still F$$K us every way but sideways but at least Trump has their attention
Posted on 5/12/25 at 7:08 am to FATBOY TIGER
I thought they would reduce down to the Liberation day rate. I guess it gives the US 90 days to finish agreements with the EU, South Korea Japan and India which would improve the US’s position to negotiate with China.
Posted on 5/12/25 at 7:10 am to rstamp1
quote:
EU, South Korea Japan and India
Maybe so.
I want decoupling.
Posted on 5/12/25 at 7:44 am to The Egg
I like there's a timeframe on it, pretty typical for deals, but my concern is how to make sure CN is truly moving along to a positive end goal. Like moslims, their moral compass doesn't carry a toll for lying to your face. We, as in the market, will need light updates, good, bad or neutral. Otherwise I wouldn't trust China to try to have a hard backtrack at the last minute to make US market negative news.
Obviously they aren't doing well on their side, but the news info controls provided to their citizenry is the board lefties wet dream.
Obviously they aren't doing well on their side, but the news info controls provided to their citizenry is the board lefties wet dream.
Posted on 5/12/25 at 7:46 am to The Egg
Gina can eat a dick. I’m 100% for decoupling.
Posted on 5/12/25 at 7:47 am to Bengalbio
quote:
see some measure of decoupling
You will. My guess, tariffs on select goods (especially those that are essential to manufacture at home-chips, drugs, metals, etc...)
Posted on 5/12/25 at 7:47 am to The Egg
So we’re at fentanyl 20% + 10% baseline, and they kept 10% reciprocal tariff.
It’s a good faith move from both countries while we negotiate an actual trade deal. I’m for it.
It’s a good faith move from both countries while we negotiate an actual trade deal. I’m for it.
Posted on 5/12/25 at 7:55 am to tide06
quote:
China sent us $525B in exports last year.
What was the rate on that? Zero?
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