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U.S. slaps 145% tariff on China in sharpest trade escalation yet
(www.thestreet.com)
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this post was submitted on 10 Apr 2025
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veryone in USA will pretty much experience firsthand what happens when nothing from China or made-in-China goes there.
145% tariffs is the same as 200% or 300% tariffs because at that absurd amount , shops and exporters will simply not even bother to sell to USA
Or a middle-country with 10% tariff will buy from china and sell in to usa with some margin
Pretty weird of the US to sanction a right-wing regime (themselves), don't they usually prop them up?
Right-wing infighting
Importers have already started to just shut up shop for a while. Stock can take 1-2 months to make it's way from China to the US, they can't predict what the thing they've ordered is going to cost them when it arrives.