US Administration announces 34% tariffs on China

Re:US Administration announces 34% tariffs on China – 20% on EU by Jensson on Thursday April 03, 2025 @04:22PM (#43574895)

Stock market went down a lot. And no, not everything at Walmart goes up 34%, food is not imported from China etc, most of the stuff poor people spend money on like home and food and used cars and services wont go up that much.

[ Parent | on HN ]

Re:US Administration announces 34% tariffs on China – 20% on EU by dragonwriter on Thursday April 03, 2025 @04:58PM (#43575320)

> food is not imported from China

No, but components used everywhere from agriculture to transportation to producing food products from raw agricultural output are imported from China.

[ Parent | on HN ]

Re:US Administration announces 34% tariffs on China – 20% on EU by Jensson on Thursday April 03, 2025 @05:27PM (#43575662)

But that doesn't make food 35% more expensive.

[ Parent | on HN ]

Re:US Administration announces 34% tariffs on China – 20% on EU by HDThoreaun on Thursday April 03, 2025 @04:52PM (#43575238)

Stock market is down 10%. Unless you’re gambling with leverage you’re fine. Much of our food is imported.

[ Parent | on HN ]