Reply to 25% tariff effective January 20th

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Trump has announced an across the board tariff on anything being imported from China, Mexico or Canada.

So much for cars, produce and most of what people buy at Walmart and Target. I guess their bribe wasn't enough.[/quote]

This is false. This is a negotiation tactic to gain concessions and leverage.

No idea if tariffs will happen or not, but it sets up an adversarial relationship with the countries in question.  See it for what it is and stop pushing the panic button right out of the gate.[/quote]

Ahh yes, because that worked out so well last time:

“The strangest part," Bown says, was a provision that instructed China to buy an extra $200 billion of American-made stuff. That is, not only did China have to return to buying the amount of stuff it had bought before the trade war, it had to go above and beyond that. $200 billion above and beyond that. And it had to do so in two years; by the end of 2021. "We had never seen a trade agreement like that before," Bown says.

Now that it's 2022 — and China's deadline to buy boatloads of American-made stuff has passed — Bown recently crunched the numbers to see how much China ended up actually buying. "In the end," Bown says, "China actually bought none of the additional $200 billion of exports that it promised in the agreement."

Zilch. Nada.

But it's actually worse than that. While China did ramp up its purchases of U.S. agricultural products, when it comes to buying U.S. products and services overall, it still hasn't even returned to buying the amount of stuff it had bought from America before the trade war began.”

https://www.npr.org/sections/money/2022/02/15/1079761270/china-promised-trump-a-better-deal-for-america-it-didnt-actually-deliver[/quote]

Well no shit - Trump wasn’t there to enforce it. You think China gave two shits about complying with an agreement they knew Biden wouldn’t enforce? [/quote]

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