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To me, tariffs from the orange man are political theater and appeal to his base, and subsequently sell it via media. What’s to stop manufacturers of goods from
by xyst 2y ago
To me, tariffs from the orange man are political theater and appeal to his base, and subsequently sell it via media.
What’s to stop manufacturers of goods from shipping it from a country that is not China, laundering it through a different country. Paper work for container says, “imported from {non tariff restricted country}” at the ship yard.
Cheap Chinese goods still flood the market. Orange man gets to say he has been hard on China via tariff war.
- atlintots 2y agoIn fact, the tariffs on BYD cars were imposed by the Biden administration.
- filoeleven 2y agoYes, Biden increased by $18 billion the $300 billion tariffs that Trump first put in place. > The new tariff rates – which range from 100% on electric vehicles, to 50% for solar components, to 25% for all other sectors – will take place over the next two years. https://www.cnn.com/2024/05/14/politics/biden-tariffs-chinese-imports/index.html https://www.cnn.com/2024/05/14/politics/biden-tariffs-chines... May 14, 2024
- atlintots 2y agoYes, and this discussion is about electric vehicles in particular: > Electric vehicles imported from China will see their tariffs more than quadrupled from 27.5% to 100%