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The New Coffee Room

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  3. Revisiting Tariffs on Imports from China

Revisiting Tariffs on Imports from China

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  • George KG George K

    @taiwan_girl said in Revisiting Tariffs on Imports from China:

    @George-K @Jolly

    I would like to know what specific things Presdient Biden has done since he is president that makes you think he is "soft" on China?

    Well, we can start with Biden, The Lesser :

    https://news.yahoo.com/hunter-biden-paid-millions-chinese-172615419.html

    Do you think that this happened out of the blue? That a Chinese company just, out of the blue, decided to pay the son of a vice-president?

    Now Biden, The Younger:

    https://www.cbsnews.com/news/hunter-biden-republican-probe-business-dealings-james-biden-chuck-grassley/

    Yeah the President's brother.

    And if you think, for a second, that The Big Guy Biden, The Addled, isn't involved with any of this, well, I've got a bridge to sell you.

    taiwan_girlT Offline
    taiwan_girlT Offline
    taiwan_girl
    wrote on last edited by
    #7

    @George-K

    You would be a good lawyer or politician. You were able to avoid the question I asked. LOL

    IvorythumperI 1 Reply Last reply
    • JollyJ Offline
      JollyJ Offline
      Jolly
      wrote on last edited by
      #8

      @taiwan_girl said in Revisiting Tariffs on Imports from China:

      @George-K @Jolly

      I would like to know what specific things Presdient Biden has done since he is president that makes you think he is "soft" on China?

      I dont see it. 🤷 (Is your BDS showing? 555 Just teasing you guys!)

      (https://www.china-briefing.com/news/us-china-relations-in-the-biden-era-a-timeline/)

      Isn't this thread a prime example?

      “Cry havoc and let slip the DOGE of war!”

      Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

      1 Reply Last reply
      • taiwan_girlT taiwan_girl

        @George-K

        You would be a good lawyer or politician. You were able to avoid the question I asked. LOL

        IvorythumperI Offline
        IvorythumperI Offline
        Ivorythumper
        wrote on last edited by
        #9

        @taiwan_girl said in Revisiting Tariffs on Imports from China:

        @George-K

        You would be a good lawyer or politician. You were able to avoid the question I asked. LOL

        "Now the Biden administration is talking by about possibly undoing those tariffs."

        Doesn't that sound like "going soft on China"?

        1 Reply Last reply
        • X Offline
          X Offline
          xenon
          wrote on last edited by xenon
          #10

          Tariffs are a wonky tool.

          In the longer-run they encourage more autarky and would discourage investment in "export to America" businesses in China.

          In the short term - as long as the tariffs don't change consumer behavior (e.g., people still buy Chinese-made TVs and phones) - it's just an additional tax built into the prices.

          In a similar context to the Russia/Germany gas pipeline - if either America or China were to try to unilaterally pull out of the economic relationship, both parties would be fucked for a while (massive GDP drops on both sides). Which is why I think direct military conflict between the two should be pretty far fetched.

          I mean, small example, China makes batteries. Imagine a world without a reliable battery supply.

          1 Reply Last reply
          • AxtremusA Offline
            AxtremusA Offline
            Axtremus
            wrote on last edited by
            #11

            Looks more like a move (one of many) to manage inflation than to be “soft” on China, similar to the consideration to resume importation of Venezuelan oil.

            Besides, China is not being given any special deal that most other trading partners don’t get. Even if this goes through, at most it just brings the tariff on imports from China back to the levels before Trump started his “trade war” with China.

            1 Reply Last reply
            • X Offline
              X Offline
              xenon
              wrote on last edited by
              #12

              There's an argument to be made that strategic decoupling from China is more important than taming inflation.

              But no one has really spelled out a plan for how to do that (including Trump). Sure, Trump put the issue firmly on the agenda - but didn't really have a solve for it.

              AxtremusA 1 Reply Last reply
              • X xenon

                There's an argument to be made that strategic decoupling from China is more important than taming inflation.

                But no one has really spelled out a plan for how to do that (including Trump). Sure, Trump put the issue firmly on the agenda - but didn't really have a solve for it.

                AxtremusA Offline
                AxtremusA Offline
                Axtremus
                wrote on last edited by
                #13

                @xenon said in Revisiting Tariffs on Imports from China:

                But no one has really spelled out a plan for how to do that (including Trump). Sure, Trump put the issue firmly on the agenda - but didn't really have a solve for it.

                Forget about a “solve,” Trump didn’t even articulate the problem or the strategic intent coherently when he sprung the extra tariffs on imports from China.

                1 Reply Last reply
                • AxtremusA Offline
                  AxtremusA Offline
                  Axtremus
                  wrote on last edited by
                  #14

                  https://wapo.st/4c2dwvA

                  Biden and Trump share a faith in import tariffs, despite inflation risks

                  [Biden & Trump] say that tariffs on imported Chinese goods are needed to promote domestic manufacturing and to clap back at China’s zero-sum trade practices. While economists say that tariffs result in higher prices, both Biden and Trump insist that consumers will be unscathed.

                  .
                  Biden’s tariffs on $18 billion in Chinese electric vehicles, batteries and computer chips, announced last month, are likely too small to lift the economy’s overall price level, economists said. But Trump’s plan for 60 percent tariffs on all $427 billion in goods that China ships to the United States each year would almost certainly reshape trade in ways that consumers would notice.
                  ...

                  1 Reply Last reply
                  • JollyJ Offline
                    JollyJ Offline
                    Jolly
                    wrote on last edited by
                    #15

                    As with several important things, Trump was right and Biden has changed his position.

                    “Cry havoc and let slip the DOGE of war!”

                    Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

                    1 Reply Last reply
                    • taiwan_girlT Offline
                      taiwan_girlT Offline
                      taiwan_girl
                      wrote on last edited by
                      #16

                      Dont think we have a "China Tariff Deserves Its Own Thread" so I will post this here.

                      Walmart puts pressure on suppliers to absorb the cost of US tariffs. Chinese government is mad.
                      "If Walmart insists" ... "then what awaits Walmart is not just talk," says China government

                      https://news.cctv.com/2025/03/12/ARTIhEixOXf3hiVR127ojvxh250312.shtml

                      RenaudaR 1 Reply Last reply
                      • taiwan_girlT taiwan_girl

                        Dont think we have a "China Tariff Deserves Its Own Thread" so I will post this here.

                        Walmart puts pressure on suppliers to absorb the cost of US tariffs. Chinese government is mad.
                        "If Walmart insists" ... "then what awaits Walmart is not just talk," says China government

                        https://news.cctv.com/2025/03/12/ARTIhEixOXf3hiVR127ojvxh250312.shtml

                        RenaudaR Offline
                        RenaudaR Offline
                        Renauda
                        wrote on last edited by Renauda
                        #17

                        @taiwan_girl

                        Walmart puts pressure on suppliers to absorb the cost of US tariffs.

                        That is probably what Trumpigula and his minions were hoping US importers would ask (or try to coerce) from their offshore suppliers. I trust it won’t happen; in fact I would anticipate the suppliers’ prices ex factory to increase and leave the importer with the choice of take it or leave it. American consumers must bear the weight of Trump’s folly so long as the tariffs remain in place.

                        Elbows up!

                        1 Reply Last reply
                        • taiwan_girlT Offline
                          taiwan_girlT Offline
                          taiwan_girl
                          wrote on last edited by
                          #18

                          https://www.reuters.com/business/retail-consumer/major-us-toymaker-speeds-up-plan-move-manufacturing-out-china-2025-03-13/

                          A major supplier of toys to Walmart (WMT.N), opens new tab and Target (TGT.N), opens new tab is accelerating its shift out of China as it reshapes production amid President Donald Trump's intensifying trade war with the country.

                          California-based MGA Entertainment, which makes its Bratz and L.O.L. Surprise! dolls and other toys primarily in China, is taking steps to move 40% of its manufacturing to India, Vietnam and Indonesia within six or so months, up from around 10% to 15% currently, CEO Isaac Larian said in an interview.

                          1 Reply Last reply
                          • HoraceH Offline
                            HoraceH Offline
                            Horace
                            wrote on last edited by
                            #19

                            It's of reasonable strategic importance for the US to not rely on china for so much of its manufacturing. I like moving it to other low-labor-cost countries. I don't like generalized tariffs that would make it cost effective to manufacture the stuff in the US. Targeted tariffs against countries that we would like to rely on less are ok.

                            Education is extremely important.

                            taiwan_girlT jon-nycJ 2 Replies Last reply
                            • HoraceH Horace

                              It's of reasonable strategic importance for the US to not rely on china for so much of its manufacturing. I like moving it to other low-labor-cost countries. I don't like generalized tariffs that would make it cost effective to manufacture the stuff in the US. Targeted tariffs against countries that we would like to rely on less are ok.

                              taiwan_girlT Offline
                              taiwan_girlT Offline
                              taiwan_girl
                              wrote on last edited by
                              #20

                              @Horace said in Revisiting Tariffs on Imports from China:

                              It's of reasonable strategic importance for the US to not rely on china for so much of its manufacturing.

                              Agree.

                              I think in maybe 50 years or so, Africa will be the low cost world manufacturing "hub"

                              JollyJ 1 Reply Last reply
                              • HoraceH Horace

                                It's of reasonable strategic importance for the US to not rely on china for so much of its manufacturing. I like moving it to other low-labor-cost countries. I don't like generalized tariffs that would make it cost effective to manufacture the stuff in the US. Targeted tariffs against countries that we would like to rely on less are ok.

                                jon-nycJ Online
                                jon-nycJ Online
                                jon-nyc
                                wrote on last edited by
                                #21

                                @Horace said in Revisiting Tariffs on Imports from China:

                                It's of reasonable strategic importance for the US to not rely on china for so much of its manufacturing. I like moving it to other low-labor-cost countries. I don't like generalized tariffs that would make it cost effective to manufacture the stuff in the US. Targeted tariffs against countries that we would like to rely on less are ok.

                                +1

                                Only non-witches get due process.

                                • Cotton Mather, Salem Massachusetts, 1692
                                1 Reply Last reply
                                • taiwan_girlT taiwan_girl

                                  @Horace said in Revisiting Tariffs on Imports from China:

                                  It's of reasonable strategic importance for the US to not rely on china for so much of its manufacturing.

                                  Agree.

                                  I think in maybe 50 years or so, Africa will be the low cost world manufacturing "hub"

                                  JollyJ Offline
                                  JollyJ Offline
                                  Jolly
                                  wrote on last edited by
                                  #22

                                  @taiwan_girl said in Revisiting Tariffs on Imports from China:

                                  @Horace said in Revisiting Tariffs on Imports from China:

                                  It's of reasonable strategic importance for the US to not rely on china for so much of its manufacturing.

                                  Agree.

                                  I think in maybe 50 years or so, Africa will be the low cost world manufacturing "hub"

                                  Ain't happening.

                                  “Cry havoc and let slip the DOGE of war!”

                                  Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

                                  1 Reply Last reply
                                  • HoraceH Offline
                                    HoraceH Offline
                                    Horace
                                    wrote on last edited by
                                    #23

                                    Maybe Nigeria can export its culture to the rest of the continent. I mean, I don't know anything about Nigerian culture, other than how well its representatives do in the west, but I'm assuming.

                                    Education is extremely important.

                                    W 1 Reply Last reply
                                    • taiwan_girlT Offline
                                      taiwan_girlT Offline
                                      taiwan_girl
                                      wrote on last edited by
                                      #24

                                      No one probably predicted 50-75 years ago that Bangledesh would be a "superpower" in making clothes for the world.

                                      1 Reply Last reply
                                      • HoraceH Offline
                                        HoraceH Offline
                                        Horace
                                        wrote on last edited by
                                        #25

                                        An economically integrated African continent sure would be nice.

                                        Education is extremely important.

                                        CopperC 1 Reply Last reply
                                        • HoraceH Horace

                                          An economically integrated African continent sure would be nice.

                                          CopperC Offline
                                          CopperC Offline
                                          Copper
                                          wrote on last edited by
                                          #26

                                          @Horace said in Revisiting Tariffs on Imports from China:

                                          An economically integrated African continent sure would be nice.

                                          Kiss the Serengeti goodbye.

                                          1 Reply Last reply
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