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Chinese manufacturers that planned to cut prices to help customers absorb the initial tariff bump are now contending with potentially higher duties for their clients. Those already operating on razor-thin profit margins could be squeezed even further.
Trump’s new tariff proposal adds more urgency to plans among Chinese manufacturers to shift production outside the country, especially to Southeast Asia. Making and shipping goods from other countries means U.S. importers can avoid paying the higher duties on Chinese products—that is, unless Trump targets those countries, too.
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In Canada the government with its controlled media, whipped up Canadians into an anti-American frenzy. They pushed not buying US products, booed the US national anthem and even had its hockey team attack the US team. Nothing happened to deter the Fentanyl. Whay do you think is going to happen now that the month is up ????
In Mexico, there was a push for cartel friendly laws and a prohibition on using GMO corn (an American product). What the fuck do you think is going to happen ???
Their respective currencies are going to look like toilet paper and that's just the start.
For China. They didn't do anything about the Fentanyl, so they get an extra 10% tariff with the thought of more to come if they don't get a move on.