Re:Six Months into Tariffs, Businesses Have No Idea How to P...
by decimalenough on Sunday August 31, 2025 @01:06AM
(#45080517)
We're on the same side of the argument here? Obviously that 3% is not going to go down to 0%, which means that the US has even less leverage against the Chinese than it looks.
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Re:Six Months into Tariffs, Businesses Have No Idea How to P...
by bruce511 on Sunday August 31, 2025 @02:12AM
(#45080784)
I agree. Plus, as alternate markets are developed, so that leverage drops even more.
The US has made friends with a lot of countries based on the goodwill generated by strong trade ties. That goodwill is being eroded in the short term, and will linger as a reputation for "unreliability". 80 years of work is being undone in months.
And unfortunately it won't be as simple as "in 4 years we can go back to normal ". It's obvious that congress supports this, and the American people voted for it, so it's not just one man's policy.