Chinese tariffs on imports are high. Costs used to be bottom-of-the barrel cheap. The second is no longer the case. 25% tariffs will force foreign and Chinese manufacturers exporting to the US to move plants out of China. Once built, they will move probably all of their production not destined for China to those plants. In time, they may find it cheaper to pay Chinese tariffs than to maintain one plant in China and one plant in another lower-cost location. Chinese export industry workers are about to get a good look at outsourcing from the wrong end of the barrel.
25% is just the starting point. Just a start.
Time to bring things back into balance, President Trump.
It is long, long time to bring jobs back to America.
Trump is now killing Chinese business?
What have the Chinese been doing to American business for years?
Payback, babe
For how long China was just so used to having their way with the “get-along” globalist wimps, now they’re flustered that they actually have to deal with a hard negotiator who doesn’t surrender
China needs the US market more than the US needs the China market, and both sides know that ... China has to submit at some point
Consider it a tax that everyone will be forced to pay. We call ours - Husseincare.
They just do exports? No imports? That’s their problem.
And why I’m an importer exporter.
Still not tired of winning!
I’m not replacing my busted dryer. The sun works pretty well.
A Chi-com business man that believed a “deal soon” doesn’t deserve to be in business in China. I didn’t believe it for one minute.
If only Americans had the know-how to manufacture bags...
Rule #1- America first!
But it is ok for us to pay out the wazoo, huh Hop Sing?
Party’s over.
Sorry, but reading this article, made me ROCK H@$D!!!
Donald J. Trump plays by a set of rules the Chinese will not recognize. China is no longer a “developing country”, so the former exemptions and allowances no longer apply.
Paying the price of maturity is sometimes painful. Like the former college student who has acquired an advanced degree but still dwells in his elders’ basement, it is time to get out there and compete on the basis of the same rules as others before them.
Either China is ready to face the world on the same basis as any other developed nation, or they are forever doomed to existence in the basement.
“[Trump’s threat] means a fundamental change for those of us who used to fill American orders, either we must relocate to other countries or suffer great hardship,
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Sucks to be you.
If President Trump can destroy China economically then we won’t have to do it militarily down the road.
“But Trump never plays by the rules and it seems no one from China’s side is able to contend with him,” said Gloria Luo..”
And maybe thats why we elected him President Gloria, to break the unwritten rules, shake up the players and get the best deal for US for a change.
BTW, maybe he’ll take a look at doing away with your Most Favored Nation status while he’s at it.
Men, all this stuff you hear about America not wanting to fight, wanting to stay out of the war, is a lot of bullshit.
Americans love to fight. All real Americans love the sting and clash of battle.
When you were kids, you all admired the champion marble shooter, the fastest runner, the big-league ball players and the toughest boxers.
Americans love a winner and will not tolerate a loser. Americans play to win all the time.
That's why Americans have never lost and will never lose a war. The very thought of losing is hateful to Americans.
Battle is the most significant competition in which a man can indulge. It brings out all that is best and it removes all that is base.
We know all about what off shoring does to cites in an industrialized nation.
After fighting off Chinese-origin hacking from servers for the last 20 years I have zero sympathy.
China thinks it’s a bidder for global domination, but in truth it’s not even a first-world country. Only reason it has any modern anything is because these things were gifted to them by more advanced nations.
If China isn’t allowed to cheat, they’re not competitive.