Breaking | Trump threatens China with added 50% tariffs if Beijing does not drop levies (www.scmp.com)

submitted 1 week ago by Xiisadaddy@lemmygrad.ml to c/worldnews@lemmygrad.ml

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So hes just determined to destroy the American economy i guess loool

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[-] soumerd_retardataire@lemmygrad.ml 10 points 1 week ago* (last edited 1 week ago)

Some graphs from https://x.com/BenjaminNorton/status/1909399503821848951 and https://x.com/RnaudBertrand/status/1909404626459541622 :

«20% of China’s GDP is manufactures exports.
65% of that is domestic value-added.
20% of that final demand is from the US.
Total exposure to U.S. demand is 0.2x0.2x0.65=2.5%. »

Here's what domestic value-added means :
If China exports a $100 phone, with a $20 screen imported from Korea, and keep in China the other components, the design, logistic, etc., then the domestic value-added would be 80%

If 20% is manufactures exports, here's a detail of the whole : https://tradingeconomics.com/china/exports-by-category (, more here or there if you pay)

EMs : Emerging Markets
These two graphs show that the chinese exports are increasingly being reoriented towards emerging markets.

Consumption (white) : Finished goods like food, finalized products, etc.
Intermediate and capital : oil, machines, etc.
Others : transportation, etc.

This seem like the value(, labor, components, knowledge, ...,) put into a product, then exported towards a country(, e.g. Mexico,) before being re-exported towards the u.s.a.
Meaning that even something imported from Mexico may contain some value from China.

Not always ultra-informative to just dump graphics, I first thought it'd have been less pointless, sry 🤷.

Obviously, the People's Republic of China will retaliate, that's what anyone would do and the americans knew that, perhaps that their main strategy is once again to bully other countries into submission since that's unfortunately our main strategy t.b.h. when looking at the past decades(centuries), the stick has been much much more preeminent than the alleged carrot :