US-China Trade Live: US imposes 104% tariffs on Chinese goods effective immediately; additional tariffs to be collected starting April 9: White House - The Economic Times
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US-China Trade Live: US imposes 104% tariffs on Chinese goods effective immediately; additional tariffs to be collected starting April 9: White House
  • Onomatopoeia@lemmy.cafeEnglish
    1·
    9 days ago

    They do right now, as their manufacturing is built around shipping 300 billion more to the US than they buy from the US.

    If the US suddenly reduces that buying by even 20%, it’s not like they can suddenly sell that elsewhere. “Elsewhere” is already buying what they want. You can’t magically make new consumers appear.