So the 30 day pause applies to every country except China. Instead, theyre talking about 500% tariff on China, up from about 120% going both ways at present. There are no alternate suppliers for a lot of things made in China. Unless it gets bypassed, If they go ahead with a suicidal 500%, there should be empty shelves in a month tops.
How much chinese components go into American cars, trucks and tractors, or spare parts? Significant amount for sure, especially on the hybrids and EVs. How much is in building construction? Are we going to see stalled projects, disputes between builders, buyers and banks on who wears the cost...crazy times.
Sean Foo says Game On:
https://youtu.be/ywTjtkDY4Zg?si=NuAghV440ztr6yVF
- ‘I have no money’: Thousands of Americans see their savings vanish
Started by Goldernen Oxernen Apr 10, 2025, 01:16 PM
Message path : / Society / The American economy / ‘I have no money’: Thousands of Americans see their savings vanish #10
Selected path :
Goldernen Oxernen
- Space Cadet
- Posts: 48
-