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Effective total tariffs on China will be 54% effective 9 April. No way US does not go into recession... And wait for the response from the trading partners...
by belter 2y ago
Effective total tariffs on China will be 54% effective 9 April. No way US does not go into recession...
And wait for the response from the trading partners...
- galimalint 2y ago[dead]
- fakeironman2 2y agoCorrection: average tariffs on China prior to today was 42% https://www.piie.com/research/piie-charts/2019/us-china-trade-war-tariffs-date-chart https://www.piie.com/research/piie-charts/2019/us-china-trad.... This means after today, average tariffs on China will be 76%. China is already in a Great Depression, and this tariff hike guarantees China to be in 30+ years of economic depression.
- belter 2y agoBetween the US and China, I would be putting my money in China, who by the way, leads in AI. "I Just Saw the Future. It Was Not in America." - https://www.nytimes.com/2025/04/02/opinion/trump-tariffs-china.html https://www.nytimes.com/2025/04/02/opinion/trump-tariffs-chi...