US tariffs of 104% on Chinese goods now in force (2 Viewers)

alphxreturns

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yeah this one-upping is pretty crazy, u think china will reciprocate?
whoever doesn't retaliate will be seen as weak, so id expect china to hit back. but, i'm no way informed enough to talk abt this topic haha

what do u think? :detective:
 

SylviaB

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China should be able to do whatever it wants and if the US tries to do anything about it they are evil and dumb.
 

cobies

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whoever doesn't retaliate will be seen as weak, so id expect china to hit back. but, i'm no way informed enough to talk abt this topic haha

what do u think? :detective:
yeah i think the same, dont think china is gonna back down. however im also no where near qualified/informed ahahha. its interesting waking up each morning to see a new wild headline
 

Hehehe22

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ohh so this post is saying that they are charging China more tax for importing goods into america?
Actually no. This seems to be a common misconception. The tax is usually paid by the importer, who is the domestic resident/company buying the goods from the exporter (China). However, by artificially increasing the price of the import, they decrease domestic demand for it so China would not be able to export as much to the US.

So the Americans are the ones being charged, not China, and the government collects the tax revenue. If anything, they're making Americans worse off in the short run, but Trump of course has a range of motives in the long run, such as shifting production domestically - if the products are produced in America, the company won't need to pay the tariff.
 

C2H6O

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alphxreturns

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spiderfan44

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Guys guys. He said this was his plan all along!!! Ahaha
i hate this stupid ass market. its way more risky to make puts or calls now because you dont know if trump is going to hit someone random with tariffs or just decide to delay tariffs and cause the stock to move 10% either way.
 

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