Last year, the United States imported $438.9 billion worth of Chinese goods, according to the office of the U.S. Trade Representative. China was the United States' third biggest source of imported goods after the European Union and Mexico.
I’m guessing most of that is electronics? I feel like China is the biggest though for that reason alone. Things are about to get insanely expensive here.
Everyone hop in, we’re going back to 1950!
More like 1930.
The 1850s
How do the tarrifs actually work? Are they applied on all shipments from China or on any Chinese product shipped from anywhere?
Country of origin.
So basically Chinese companies could ship prosucts in parts to neighbouring countries for assembly and they'd be sellable in the USA?
Nobody said tariffs were efficient.
Inconvenient (for the world) at best, devastating (for the USA) at worst
Right! You see, this will increase global manufacturing’s need for oil for all that extra shipping, thus raising the price of oil, so US oil makes us all* rich!
In theory.
And it actually probably would be pretty easy to do following US requirements, seeing how lax some of the "Made in USA" labels are:
Made in USA of Imported Parts
...the final construction is done in our country, but all or nearly all the parts have been imported from other countries
Made in USA with Global Components or Global Materials
...the final product is finished in the United States. There could also be a few or no parts of the product that are made in the US, but the majority are made and imported from foreign countries.
Assembled in the USA
...the majority or all of the product is put together in the United States or its territories. ...it’s a foreign product, with foreign-made materials that were only Assembled in the United States. -https://www.allamericanmade.com/what-does-made-in-usa-mean/
But the logistics of funnelling $450 billion worth of parts through somewhere else would be basically impossible.
...or they could just lie.
That depends on how the tariff is written. It may work that way, or the tariffs may also apply to parts of Chinese origin.
God I hate these fucking titles
A community for discussing events around the World
Rule 1: posts have the following requirements:
Rule 2: Do not copy the entire article into your post. The key points in 1-2 paragraphs is allowed (even encouraged!), but large segments of articles posted in the body will result in the post being removed. If you have to stop and think "Is this fair use?", it probably isn't. Archive links, especially the ones created on link submission, are absolutely allowed but those that avoid paywalls are not.
Rule 3: Opinions articles, or Articles based on misinformation/propaganda may be removed. Sources that have a Low or Very Low factual reporting rating or MBFC Credibility Rating may be removed.
Rule 4: Posts or comments that are homophobic, transphobic, racist, sexist, anti-religious, or ableist will be removed. “Ironic” prejudice is just prejudiced.
Posts and comments must abide by the lemmy.world terms of service UPDATED AS OF 10/19
Rule 5: Keep it civil. It's OK to say the subject of an article is behaving like a (pejorative, pejorative). It's NOT OK to say another USER is (pejorative). Strong language is fine, just not directed at other members. Engage in good-faith and with respect! This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban.
Similarly, if you see posts along these lines, do not engage. Report them, block them, and live a happier life than they do. We see too many slapfights that boil down to "Mom! He's bugging me!" and "I'm not touching you!" Going forward, slapfights will result in removed comments and temp bans to cool off.
Rule 6: Memes, spam, other low effort posting, reposts, misinformation, advocating violence, off-topic, trolling, offensive, regarding the moderators or meta in content may be removed at any time.
Rule 7: We didn't USED to need a rule about how many posts one could make in a day, then someone posted NINETEEN articles in a single day. Not comments, FULL ARTICLES. If you're posting more than say, 10 or so, consider going outside and touching grass. We reserve the right to limit over-posting so a single user does not dominate the front page.
We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.
All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.
News !news@lemmy.world
Politics !politics@lemmy.world
World Politics !globalpolitics@lemmy.world
For Firefox users, there is media bias / propaganda / fact check plugin.
https://addons.mozilla.org/en-US/firefox/addon/media-bias-fact-check/