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Parameters of the China deal
Posted on 5/12/25 at 2:15 am
Posted on 5/12/25 at 2:15 am
10
Posted on 5/12/25 at 5:00 am to The Egg
What happens after 90 days is my question?
Posted on 5/12/25 at 6:36 am to The Egg
We have had a 25% tariff on most goods from China since 2018. Now we are at 30% per the deal. So basically back to where we started.
Posted on 5/12/25 at 7:07 am to The Egg
While I fully agree with the optimism, it’s not much of a deal one way or the other - yet. Both countries have agreed to essentially go back to the status quo while they work on an actual trade deal.
Posted on 5/12/25 at 7:09 am to The Egg
So China lowers from 20% to 10% from prior
USA raises from 25% to 30% from prior
The real question is the exceptions
USA raises from 25% to 30% from prior
The real question is the exceptions
Posted on 5/12/25 at 7:13 am to slackster
Can anyone help me understand what the point of any of this is? This entire thing has been a shite show.
Posted on 5/12/25 at 7:13 am to UltimaParadox
quote:
The real question is the exceptions
My assumption would be that none of them have changed. They’re just lowering tariffs while they negotiate an actual trade deal. Essentially a good faith agreement by both countries for the moment.
Posted on 5/12/25 at 7:33 am to The Egg
What will happen after 90 days
I’m trying to make some long term investment decisions. 90 days is just a tease
I’m trying to make some long term investment decisions. 90 days is just a tease
Posted on 5/12/25 at 7:37 am to The Egg
I'm happy to see progress, but 90 days is bullshite from a planning perspective for me personally. If I order today, I run the risk of having my container on the water at the 90 day mark. I'll have to wait and see what the details are. Is the "on the water" exception still valid?
I'd also expect container prices to spike big time in the near term.
I'd also expect container prices to spike big time in the near term.
This post was edited on 5/12/25 at 7:38 am
Posted on 5/12/25 at 7:39 am to BottomlandBrew
In your case, I think it is safe to assume the triple digit tariffs are gone for good.
Posted on 5/12/25 at 8:00 am to SlidellCajun
quote:
I’m trying to make some long term investment decisions. 90 days is just a tease
Long term and 90 days are not even in the same universe.
Just make the decision is go with it.
Posted on 5/12/25 at 8:09 am to frogtown
quote:
We have had a 25% tariff on most goods from China since 2018. Now we are at 30% per the deal. So basically back to where we started.
This is false, the 30% is the 10% baseline tariff plus 20% fentanyl tariff. The 25% from 2018 remains intact so it’s 55% altogether
Posted on 5/12/25 at 8:14 am to deltaland
Do you have a link for that? Everything I see is a 30% tariff on Chinese goods.
This post was edited on 5/12/25 at 8:23 am
Posted on 5/12/25 at 8:43 am to BottomlandBrew
quote:
I'm happy to see progress, but 90 days is bullshite from a planning perspective for me personally.
If no trade deal is reached within 90 days it can be extended further as long as there are good faith negotiations ongoing
Tariffs only go back up if China walks away from negotiations or if it becomes obvious they’re just stalling and not trying to reach a deal
Posted on 5/12/25 at 8:55 am to bigjoe1
quote:
Everything I see is a 30% tariff on Chinese goods.
Yes in regards to the reciprocal and fentanyl tariffs.
I know I read somewhere earlier it stated the existing tariffs were still in effect I’ll try to find which article it was in. But those were targeted tariffs on things like steel and aluminum not blanket ones. The blanket tariffs are at 30%
Posted on 5/12/25 at 9:14 am to The Egg
China is extremely proud country and refuses to show any weakness whatsoever. If they were in a recession, it would never be admitted officially.
This deal with them will be revealing.
They are only doing the 90 day pause to give them a window with which to negotiate .
Big question- can we believe anything that China says? They been saying they’ll comply with deals for decades and never do
This deal with them will be revealing.
They are only doing the 90 day pause to give them a window with which to negotiate .
Big question- can we believe anything that China says? They been saying they’ll comply with deals for decades and never do
Posted on 5/12/25 at 10:48 am to The Egg
So tariffs aren’t going to replace the income tax? Most of my holdings have returned to pre liberation day levels. I guess we should be thankful Trump caved in this?
Posted on 5/12/25 at 10:49 am to Motownsix
quote:
I guess we should be thankful Trump caved in this?
quote:
Motownsix
on brand
Posted on 5/12/25 at 11:56 am to The Egg
I'm glad there's some dialogue at least, but right now, it’s a basically a photo op, not a deal. There's no binding agreement, no tariff cuts, no market access—Nothing more than a framework to keep talking.
Real deals require Congress. Plus, people are underestimating how bad a 30% tariff on Chinese goods still is for US consumers and inflation.
Real deals require Congress. Plus, people are underestimating how bad a 30% tariff on Chinese goods still is for US consumers and inflation.
Posted on 5/12/25 at 12:04 pm to The Egg
The bragging about this weekend's "deal" reminds me of the anecdote about the boy who murdered his parents and then asked for mercy because he's an orphan...
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