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Oh bummer. US is the biggest importer of China. Most crap we buy for Christmas and New Years - come from China. 90% of crap Amazon sells - China. Go to any sto
by nojvek 3y ago
Oh bummer. US is the biggest importer of China. Most crap we buy for Christmas and New Years - come from China.
90% of crap Amazon sells - China. Go to any store, most things are made in … China.
- autocanopener 3y agoLet me supply you with some hard knowledge. China Now Sells Fewer Goods to the US Than Mexico or Canada Do https://www.bloomberg.com/news/articles/2023-08-08/china-loses-top-us-goods-provider-title-to-mexico-on-nearshoring https://www.bloomberg.com/news/articles/2023-08-08/china-los... For the first three quarters of the year, China's exports to the U.S. fell by 16.4% https://www.cnbc.com/2023/10/13/china-trade-exports-and-imports-fall-in-september.html https://www.cnbc.com/2023/10/13/china-trade-exports-and-impo... Exports to the EU fell 11% from a year earlier to $38.3 billion in November compared https://apnews.com/article/china-exports-imports-decline-economy-7eabaf75c502f943afdd122e121b26dc https://apnews.com/article/china-exports-imports-decline-eco...
- echelon 3y agoMexico is on an absolute tear. With rail, highway, and shipping directly into Texas, it's turning into a manufacturing powerhouse. Texas is a huge beneficiary of this too and will get to build a lot of finished goods manufacturing. https://www.bloomberg.com/graphics/2023-mexico-china-us-trade-opportunity/ https://www.bloomberg.com/graphics/2023-mexico-china-us-trad... https://www.dallasfed.org/research/economics/2023/0711 https://www.dallasfed.org/research/economics/2023/0711
- hollerith 3y agoAlso cheap natural gas from Texas.