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Agreed. However do you see the 'retaliatory' tariffs imposed by China? At least, I hear from US media that China is apparently imposing similar tariffs, wonderi
by pizza 8y ago
Agreed. However do you see the 'retaliatory' tariffs imposed by China? At least, I hear from US media that China is apparently imposing similar tariffs, wondering if the categories are similar (or if they even have as large an impact as the US ones).
- Taniwha 8y agoNot yet, but I haven't done a new build recently - I think that China's aiming more at farm imports rather than chips so I'm probably OK (besides China let's me claim back any taxes I pay when I re-export a manufactured product)
- r_singh 8y agoThese tariffs aren't new to China however. Do import duties ring a bell? Countries like China and India have been imposing (and raising) them on various products for many reasons (mostly protecting local industry, generating employment, etc). Import duties in the US however, have been relatively non-existent. To give you an eg: A non local made car that costs $60k in the USA costs $150k++ in India (and duties make petrol here more expensive too).