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> will just ban all Chinese trade This can’t be done without triggering a depression and causing massive shortages. The economies are too connected. We could a
by hilbertseries 6y ago
> will just ban all Chinese trade
This can’t be done without triggering a depression and causing massive shortages. The economies are too connected. We could add more sanctions, increase tariffs look at better trade deals to encourage buying non China. But the idea of just banning Chinese trade is fantasy.
- riku_iki 6y ago> The economies are too connected US export to China represents only 6% of total (100B out of 1.5T) and import is 18% (439B out of 2.38T). Most of import is likely not critical and can easily be substituted by domestic manufacturers, or manufacturers from other countries. Source of data: https://oec.world/en/profile/country/usa https://oec.world/en/profile/country/usa
- Redoubts 6y ago> can easily be substituted by domestic manufacturers, or manufacturers from other countries. How can anyone take this seriously after early 2020’s hysteria around mask and ventilator construction
- hilbertseries 6y agoGonna need a citation on that easily substituted. Ending trade with China would kill Apple for instance.
- riku_iki 6y agohttps://www.businesstoday.in/technology/news/made-in-india-iphone-12-to-hit-stores-in-april-may/story/433473.html https://www.businesstoday.in/technology/news/made-in-india-i...