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Trump is setting trade wars in the global market as he become president. Is it good? Any wars is about i win, you lose or you win, i lose. This is not a positive thing. USA will not have friends.
China already has a host of tariffs on US products.
China export to US >>>> China import from US
Thanks for Boss Sam explainatiom for sheepiesWhich is why imposing tariffs on US imports has minimal impact.
only temu, walmart and dollar tree shoppers will pay the price. majority of wealthy americans buy sexpensive european and jap appliances and german autos. when it cums to useless doodads wealthy americans avoid the trash trap of low ses americans who are usually black and brown. white trash americans are dying off and becumming homeless due to obesity, opioids, junk food, and horrible diets. they don’t have money to buy junk from tiongcock. they recycle trash to collect junk. majority of blue collar trump supporters buy domestic anyway, such as ford trucks, weber bbq grills, electric tools, stihl saws and blowers, john deere lawn mowers and tractors, caterpillar construction vehicles, cessna crop sprayers, etc. main segment of american industry that will suffer is agriculture, especially in soy, beef, corn, wine, wheat. farmers will not enjoy it but they will adjust to a different american food landscape which will be more healthy with less chemicals and artificial ingredients, more organic, pasture raised and locally grown crops. nowadays american supermarkets and grocery chains cannot survive without organic sections selling locally produced and organic certified food. farmers’ markets selling local produce are sprouting all over america even though prices are higher than those of supermarket chains.Good to see that American voters are now going to pay the price.
No one cares. Keep shilling for the Tiongs.![]()
Tariffs on China means Americans will spend less (which is a good thing for America) because their national deficit will start to reduce.Good to see that American voters are now going to pay the price.
If what you said is true, the trade deficits between America and its major trading partners won't be on the increase year after year. Lots of ordinary Americans are going to suffer deep deep from Trump's tariffs. To make America a worthwhile manufacturing hub, wages must come down to compete with Asian wages and you know this is impossible. Even Jensen Huang had complained that it is more costly to manufacture his chips vis-a-vis in the new plant in Arizona than in Taiwan.only temu, walmart and dollar tree shoppers will pay the price. majority of wealthy americans buy sexpensive european and jap appliances and german autos. when it cums to useless doodads wealthy americans avoid the trash trap of low ses americans who are usually black and brown. white trash americans are dying off and becumming homeless due to obesity, opioids, junk food, and horrible diets. they don’t have money to buy junk from tiongcock. they recycle trash to collect junk. majority of blue collar trump supporters buy domestic anyway, such as ford trucks, weber bbq grills, electric tools, stihl saws and blowers, john deere lawn mowers and tractors, caterpillar construction vehicles, cessna crop sprayers, etc. main segment of american industry that will suffer is agriculture, especially in soy, beef, corn, wine, wheat. farmers will not enjoy it but they will adjust to a different american food landscape which will be more healthy with less chemicals and artificial ingredients, more organic, pasture raised and locally grown crops. nowadays american supermarkets and grocery chains cannot survive without organic sections selling locally produced and organic certified food. farmers’ markets selling local produce are sprouting all over america even though prices are higher than those of supermarket chains.
One reason why America has been the greatest economy on earth till this day is because of their consistent buying power. Old habits die hard. They'd rather take on more loans than to forgo their purchases. Their mentality is different to that of Asians.Tariffs on China means Americans will spend less (which is a good thing for America) because their national deficit will start to reduce.
And that is good overall for America because Americans are overspending at a national level on imported (and often unnecessary) consumption goods from overseas, including China.
At last, a sane American leader who can impose much needed fiscal discipline on Americans.
american purchasing psychology has gone psycho the last 36.9 years. case in point: nail spas. before the arrival of cheap nail spas during the 70s, you would never hear of american women (white, black, brown) going to do their manicures and pedicures weekly, not even monthly. now with vietbus and tiongbus providing nail grooming and coloring services, it’s a daily affair. a visit can easily set a customer back $120 and waste an hour or more. a low ses american woman would go less but still spend $120 a week. cheap labor from asia has caused this shift. same with asian women serving men in all the latest tug and fug spas (i.e. massage joints with happy ending). the price has dropped to $18 per full body massage plus $69 for happy ending. in the 70s it used to be $90 just to do it with a street hooker plus $39 and tax for a motel 6 room. it’s a new american culture of spend and spend when luxury seems affordable (below $1000). ask cecabu and tiongbu living in america to spend $120 at a nail spa, and they’ll tell you to f*ck off.If what you said is true, the trade deficits between America and its major trading partners won't be on the increase year after year. Lots of ordinary Americans are going to suffer deep deep from Trump's tariffs. To make America a worthwhile manufacturing hub, wages must come down to compete with Asian wages and you know this is impossible. Even Jensen Huang had complained that it is more costly to manufacture his chips vis-a-vis in the new plant in Arizona than in Taiwan.
One reason why America has been the greatest economy on earth till this day is because of their consistent buying power. Old habits die hard. They'd rather take on more loans than to forgo their purchases. Their mentality is different to that of Asians.
Most people cannot read basic economics dataI see there are still a lot of imbeciles who still believe the China propaganda.![]()