Re:US Administration announces 34% tariffs on China – 20% on EU
by darkwizard42 on Thursday April 03, 2025 @06:27AM
(#43567528)
My interpretation is: it’s domestic overproduction because China isn’t exporting as much to US so it will consume domestically and then not have need for imports from the other SE Asia countries.
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Re:US Administration announces 34% tariffs on China – 20% on EU
by giantg2 on Thursday April 03, 2025 @06:59AM
(#43567812)
My question is more about where the US is then importing from. I assume some goods are more elastic than others. So will the US simply stop buying, or will it shift to buying elsewhere with lower tarrifs?