The White House said the higher tariff is as a result of Chinese retaliation.
Archived version: https://archive.is/20250416092702/https://www.newsweek.com/china-245-trump-tariff-2060295
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A million bajillion percent.
Muwahahaha!!
Indeed. It’s at the point the exact number is irrelevant.
Infinity percent No backsies runs away
Me first! Smoke bomb!
China: what you said + billinazillon elevteen! Pffft!
You beat me to it by a mile.
It’s fun to watch just how incredibly fucked America is becoming on the global scale.
It’s being led down a path of isolation by a Nazi syphilis infected rapist who acts like a toddler at nap time throwing a temper tantrum because he wasn’t able to get the juice box he wanted.
“fun” like the pejorative “fun”, right?
It fucks lots of people around the globe. I don’t see any fun this.
the US going down is objectively a good thing for most of the people on the world.
I mean, if the fuckwits had to win at least nobody’s going to have any fun.
ChinaUS consumersOnly for goods that the US almost exclusively sourcing from China. So quite a lot of them.
While things like textiles and simple plastics could probably be on-shored to the US in relatively short time, many more advanced products will cost a lot more.
But the tariffs seem much smaller than China deciding to stop selling refined rare earths and products from them to the US and US allies such as the EU. That is going to make the US bleed big time.
Yeah, what’s with the EU getting hit with stray bullets? They are not imposing crazy tariffs on Chinese goods, apart from EV cars which are heavily subsidized by the Chinese government
I’m Dutch. If China would keep on selling this stuff to us, I guarantee you someone from my country will find a way to sell it to the US. Something called “Dutch east India Company mentality”.
The US is only 4% of the world’s population. We may have more US dollars than anywhere else, but 96% of the world is still a sizable potential market.
Title should be “Americans face 245% Trump tariff on China”
He found a bigger number somewhere?
He’ll find another. I bet 420%
nah, elon’s holding that one with a death grip
This is so far beyond stupid that it’s wrapped around, overshot smart, and plunged into stupid again.
Gonna need more than eight bits soon.
Welp when the debt defaults and everyone stops using American dollars or hold their gold here, then better hope we don’t all become forced to use crypto like El Salvador (which is probably the blueprint plan).
Maybe it is the plan…
This headline is bullshit. The correct headline would be “Americans now face 245% Trump tariff on Chinese goods”. No need to spread misinformation about how tariffs work.
I shouldn’t be laughing but…
China should just one up him in a way that doesn’t let him one up them: complete embargo
“Oh yeah? Complete embargo PLUS ONE!!”
245% embargo. If you dare try to export things to the US, you’re getting 245% of it back.
The bad part being that the stuff over 100% will be poorly-made American knockoffs.
Next stop: trade embargo
Nah, its not over 9000 yet.
We could call it the BFT 9000.
Doesn’t matter whether it’s a 80% (or whatever it was, basically changes on a whim) or 245%. There is no difference.
It does make a difference. Let’s say a thing you need about once a month to run your business was 10 dollars from China. You can get a similar product in the US, but it’s 30 dollars. At 80%, it’s still cheaper to get from China, 18 bucks. At 245%, it’s now 24.50 to buy from China. Still cheaper than buying from the US, but now way more expensive.
I know these are made up numbers, but it isn’t that unusual for US made items to be 3-10x the price of making it in ‘cheap labor’ countries. Also, this assumes there is a comparative replacement made in the US. But many machine parts have no analog or are proprietary, you must buy it from China or end that part of your business.
Your point is fairly good but you need to recheck your math. At 145% a $10 product will be $24.50. At 245% it’s gonna be $34.50. And that doesn’t even take into account additional federal, state, and local taxes.
Non-tarrif taxes would apply equally to foreign and domestic goods and can be ignored when comparing prices.
A post 6 hours old. I give a 50% chance, that the number is outdated.
