Skip to content
  • Categories
  • Recent
  • Tags
  • Popular
  • Users
  • Groups
Skins
  • Light
  • Cerulean
  • Cosmo
  • Flatly
  • Journal
  • Litera
  • Lumen
  • Lux
  • Materia
  • Minty
  • Morph
  • Pulse
  • Sandstone
  • Simplex
  • Sketchy
  • Spacelab
  • United
  • Yeti
  • Zephyr
  • Dark
  • Cyborg
  • Darkly
  • Quartz
  • Slate
  • Solar
  • Superhero
  • Vapor

  • Default (No Skin)
  • No Skin
Collapse

The New Coffee Room

  1. TNCR
  2. General Discussion
  3. Revisiting Tariffs on Imports from China

Revisiting Tariffs on Imports from China

Scheduled Pinned Locked Moved General Discussion
32 Posts 13 Posters 445 Views
  • Oldest to Newest
  • Newest to Oldest
  • Most Votes
Reply
  • Reply as topic
Log in to reply
This topic has been deleted. Only users with topic management privileges can see it.
  • J Offline
    J Offline
    Jolly
    wrote on 12 May 2022, 15:52 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
    • T taiwan_girl
      12 May 2022, 15:41

      @George-K

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

      I Offline
      I Offline
      Ivorythumper
      wrote on 12 May 2022, 16:01 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 12 May 2022, 17:12 last edited by xenon 5 Dec 2022, 17:17
        #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
        • A Offline
          A Offline
          Axtremus
          wrote on 12 May 2022, 17:26 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 12 May 2022, 17:30 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.

            A 1 Reply Last reply 12 May 2022, 17:59
            • X xenon
              12 May 2022, 17:30

              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.

              A Offline
              A Offline
              Axtremus
              wrote on 12 May 2022, 17:59 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
              • A Offline
                A Offline
                Axtremus
                wrote on 4 Jun 2024, 01:43 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
                • J Offline
                  J Offline
                  Jolly
                  wrote on 4 Jun 2024, 12:41 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
                  • T Offline
                    T Offline
                    taiwan_girl
                    wrote on 13 Mar 2025, 01:10 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 13 Mar 2025, 01:17
                    • T taiwan_girl
                      13 Mar 2025, 01:10

                      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 13 Mar 2025, 01:17 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
                      • T Offline
                        T Offline
                        taiwan_girl
                        wrote on 14 Mar 2025, 01:11 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 14 Mar 2025, 01:21 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.

                          T jon-nycJ 2 Replies Last reply 14 Mar 2025, 01:38
                          • HoraceH Horace
                            14 Mar 2025, 01:21

                            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.

                            T Offline
                            T Offline
                            taiwan_girl
                            wrote on 14 Mar 2025, 01:38 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"

                            J 1 Reply Last reply 14 Mar 2025, 16:32
                            • HoraceH Horace
                              14 Mar 2025, 01:21

                              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 Offline
                              jon-nycJ Offline
                              jon-nyc
                              wrote on 14 Mar 2025, 14:05 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

                              "You never know what worse luck your bad luck has saved you from."
                              -Cormac McCarthy

                              1 Reply Last reply
                              • T taiwan_girl
                                14 Mar 2025, 01:38

                                @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"

                                J Offline
                                J Offline
                                Jolly
                                wrote on 14 Mar 2025, 16:32 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 14 Mar 2025, 18:04 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 20 Apr 2025, 08:47
                                  • T Offline
                                    T Offline
                                    taiwan_girl
                                    wrote on 14 Mar 2025, 18:13 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 14 Mar 2025, 18:20 last edited by
                                      #25

                                      An economically integrated African continent sure would be nice.

                                      Education is extremely important.

                                      CopperC 1 Reply Last reply 14 Mar 2025, 18:28
                                      • HoraceH Horace
                                        14 Mar 2025, 18:20

                                        An economically integrated African continent sure would be nice.

                                        CopperC Offline
                                        CopperC Offline
                                        Copper
                                        wrote on 14 Mar 2025, 18:28 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
                                        • T Offline
                                          T Offline
                                          taiwan_girl
                                          wrote on 17 Apr 2025, 02:22 last edited by
                                          #27

                                          The number of canceled sailings of freight vessels out of China is picking up as ocean carriers attempt to manage a pullback in orders due to the trade war and tariffs.
                                          A steep decline in containers being shipped to the U.S. will have a big impact on the supply chain, from port to trucking, rail and warehouse economics.
                                          "We won't go to zero containers, but we will see a decrease in containers and as a result, in the future we will see a massive raft of blank sailings announced," one freight expert tells CNBC.

                                          U.S. importers are being notified of an increase in canceled sailings by freight ships out of China as ocean carriers try to balance the pullback in orders resulting from President Trump's tariffs and the escalation of tensions in the trade war.

                                          A total of 80 blank, or canceled, sailings out of China have been recorded by freight company HLS Group. It wrote in a recent note to clients that with the trade war between China and the U.S. leading to a demand plummet, carriers have started to suspend or adjust transpacific services.

                                          https://www.nbcnewyork.com/news/business/money-report/trade-war-fallout-cancellations-of-chinese-freight-ships-begin-as-bookings-plummet/6227862/

                                          1 Reply Last reply
                                          Reply
                                          • Reply as topic
                                          Log in to reply
                                          • Oldest to Newest
                                          • Newest to Oldest
                                          • Most Votes


                                          • Login

                                          • Don't have an account? Register

                                          • Login or register to search.
                                          • First post
                                            Last post
                                          0
                                          • Categories
                                          • Recent
                                          • Tags
                                          • Popular
                                          • Users
                                          • Groups