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[-] darkcalling@hexbear.net 7 points 1 month ago* (last edited 1 month ago)

Yeah at least demand they stop the public war-mongering.

They're still going to go to war with China but China should try to force the issue and say no more public statements of an openly aggressively hostile nature, at least be oblique about it. The US would never go for that though as they need public support and to build that idea in the mind early but it seems an easy issue to play hardball on. To kind of point out that China doesn't even talk of invading or warring with the US yet they still slap restrictions on any company that uses the same catering business as the Chinese military for being military affiliated. Like they can't have it both ways where it's fair to sanction and try to strangle anyone even tangentially connected to the Chinese military because they have to be weakened but at the same time can openly demand access to materials used to build weapons that they're stating openly they intend to use on China in a coming war.

Unless there's some secret aspect of this agreement it certainly feels foolish on China's part.

I mean:

Trump indicated the U.S. would impose 55 percent tariffs on Chinese goods, while China would impose a 10 percent tariff on U.S. products.

That's caving. 55 percent makes Chinese products noncompetitive and unaffordable for Americans. Might as well agree to help pack up some of the factories and equipment and ship it to India for the US as well because that's the effect of this. It forces reshoring or friendshoring far more effectively than the Democratic grift of handing out money. For small goods it might not matter but iPhones, computers, computer parts, televisions. People can't afford to pay 55% more on a $1,000 purchase so it forces these companies to move production to India and other countries and once they start doing that there's no reason to keep separate lines open in China just for European markets or something.

They better have gotten at least a secret agreement that Tiktok can stay, doesn't have to sell its business, doesn't have to sell or reveal its algorithm, etc. Otherwise China is really getting a bad deal here and being bullied.

[-] MizuTama@hexbear.net 2 points 1 month ago* (last edited 1 month ago)

Yeah if Trump isn't blatantly lying about the conditions this seems like a massive U.S. W unless I'm missing something here. Obviously, I'm not a master of International Trade but this seems like they got fucked over.

A short hindsight edit: with 55% isn't that enough to still let the U.S. fuck itself with? My follow-up guess besides the above ones would be letting us walk off happy with the rope we need.

[-] darkcalling@hexbear.net 2 points 1 month ago

Looking more into it, it seems this might just be the short term agreement until they hammer out a final deal? Hard to see how they get Trump to cave and lower that 55% substantially once they start delivering rare earths again and the US builds up a stockpile.

I think it is interesting to think about how this would fuck the consumer market but it might still be just low enough maybe that industrial inputs for US manufacturing can take the hit and pass the cost on to their end-customers which means it doesn't destroy US industry in the way the 100% tariffs do. Though it kind of seems like a negotiating with an asshole tactic where they won't drop unilaterally so you just basically wager away most of your own tariffs and ask them for an exact subtraction of same and they agree to that as "fair".

I guess we'll have to see how it shakes out and if there is a revolt in the US over it that forces Trump's hand. If it works it works, if it doesn't it looks bad for China to do this but I feel they're going to say it was done in good faith. Perhaps if Trump isn't willing to swallow his pride then they claim they couldn't reach a deal and portray themselves as the more reasonable party by virtue of accepting things like this. So maybe my first impression wasn't quite right. We'll see.

[-] MizuTama@hexbear.net 1 points 1 month ago

Yeah also seems there are limits and the licenses are valid for a period of 6 months with possible volume control.

this post was submitted on 11 Jun 2025
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