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I think people disregard how economically massive the US is. China will have to grow it's overall GDP 3 times to get on the same level as US GDP per capita. US
by muddi900 1mo ago
I think people disregard how economically massive the US is. China will have to grow it's overall GDP 3 times to get on the same level as US GDP per capita.
US is the world's consumer. If you make something anywhere in the world, US is the "final boss". Because Americans consume so much.
It is not just easy to just do reciprocal tariffs. America does not export all that much stuff.
There is a nuclear option of taxing services, where the US does have a surplus. But that would plunge the global economy into further chaos. Such that the Iran war effects will look quaint.
They can also do something wild like not honoring US IP protections, but that idea is way out there.