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Pressure to move back to China where their tariff drops from 49% to 34%? Over the past few years a lot of companies have moved production out of China and into
by mitthrowaway2 2y ago
Pressure to move back to China where their tariff drops from 49% to 34%?
Over the past few years a lot of companies have moved production out of China and into friendlier countries like Vietnam, anticipating US pressure on China. Vietnam's tariff rate is 42%. Now they wish they'd left their production lines in China.
- graemep 2y ago> Pressure to move back to China where their tariff drops from 49% to 34%? That assumes the tariffs will be imposed long term. They are intended as a bargaining measure so some compromise will be reached. it is very likely that in the long run Vietnam will pay lower tariffs.
- andsoitis 2y ago> Pressure to move back to China where their tariff drops from 49% to 34%? ... and one day later, where are we? Trump is threatening China with an additional 50% unless they back down. China's response is that they will fight to the bitter end. https://www.theguardian.com/business/live/2025/apr/08/stock-markets-nikkei-dow-ftse-100-asian-market-today-trump-china-tariffs-threat-business-news-live-latest-updates https://www.theguardian.com/business/live/2025/apr/08/stock-... Who will win this battle? Or will it be a war? Which philosophical worldview do you prefer?