Ballisticmissile Posted April 8 Report Posted April 8 So, Chinese exports to US are 580 billion $$ ..total Chinese exports to world are 3.6 trillion $$. China has 35 percent of worlds manufacturing output and almost 50 percent of container cargo originates there ..what will china do ?? It will weaken it's currency and offload more...it's irresistible for African, south American and other countries customers ...even if US virtually stops Chinese imports it can replace market in couple of years...US is 12 percent of Chinese exports... Chinese goal is not money making but telling their system is superior...CCP will show ...communism with Chinese characters is the one needed in the world...that's their first priority... Quote
Ballisticmissile Posted April 8 Author Report Posted April 8 To compete with Chinese in manufacturing US must subside it's exports.... because BYD can sell top notch EV at 10k....how many US companies can do that ?? Same in all industries... Chinese manufacturing can't be replaced by any other country.. Quote
Ballisticmissile Posted April 8 Author Report Posted April 8 Chinese can produce anything because it has highest working age population besides India...US is deporting the immigrant labour who can work...where will people to do manufacturing come from ?? Bible ?? 1 Quote
Android_Halwa Posted April 8 Report Posted April 8 In short term, America is the winner but in longer run most other countries will look for alternate markets and mechanisms than to solely depend on largest economy’s spending power.. Quote
halwafan Posted April 8 Report Posted April 8 conservatism & development never go together.. all these tariffs will be detrimental for US, no doubt in it. Quote
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