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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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All for some hope of "re-shoring" our production. Unfortunately all the machinery to do that comes primarily from other countries and some of the most cost effective options was China.
Not only machinery, but knowledge and experience too. If we were a sensible country we would be giving incentives for Chinese factory workers to come over and train our workforce, focusing one sector at a time with reasonable targeted tariffs paired with government investment, and so on.