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Political Discussion
Reply to "Tariff impact on day to day goods?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Explain this to me like I’m 5, in the next two weeks, if I go to Walmart or Safeway, what goods will be missing? So far the hyped up freak outs are understandable but I’m not seeing the reality of the tariffs. When will I notice? I don’t eat avocados and I don’t need a new car .[/quote] Most of what you want or need will not be available and certainly not at prices you are accustomed to paying.[/quote] “Most”.. where all of this stuff going to go if China is supposedly the only manufacturer effecting these supply chains and still makes the stuff? Or do you believe China has shuttered most of its factories and fired millions of workers? If they aren’t sending the goods here, where are they sending the goods? You all make it sound like China holds us by the balls and doesn’t rely on our markets for their economy and simply just boycotted our market and stopped shipping us “most” of the stuff they used to, which is apparently.. nearly everything we consume. I am not buying the whole empty ports narrative because obviously I cannot verify this for myself and whatever different media outlets say can be taken with a grain of salt, because no media is trustworthy and most of media outlets engage in propaganda. Fear also sells, so they are inclined to publish fear mongering headlines for more eyeballs. [/quote] First, Trump imposed tariffs on China in his first term, so he put China on notice that it had to diversify its trading partners away from the US. China heeded that notice and took considerable measures to diversify its export markets. The percentage of China's exports going to the US has declined since Trump's first term. Second, the US started a trade war with every country in the world at the same time. Every country now knows that it can't trust the US as a trading partner. As a result, even China's enemy, Japan, has pulled closer to China to forge a stronger trading relationship. Europe, Australia, Canada, Latin America, and Africa are also talking to China about forging stronger relationships. So many of the exports that once went to the US will be redirected to other countries. Of course, trade wars hurt everybody, so China will definitely suffer along with the US and the rest of the world.[/quote]
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