Are Americans unaware that American companies have established plants in China and left the USA in the last 30 to 40 years and it is these companies that account for 95% of the goods that the US imports from China?
To put it another way, American businesses will be responsible for paying the so-called ???% tariffs and import taxes, which will increase the price of goods, as these companies pass to the consumer the tariffs. It is unclear if these American corporations will relocate their factories back to the United States. Because as I have wrote recently about the change in how the world is doing business…
By the way, Trump’s belief that the tariffs will seriously harm China’s economy is unrealistic, since the country’s exports to the United States accounted for less that 15% of its overall exports in 2024, down from 20% in 2018. Thus, a steady slow trickle of changing whom China deals with is at play right now…
Thus why past American, EU companies have rebranded and changed the way they do finances with the world. Things are changing in real time and we get to watch…
Questions: Does anyone look at truth anymore? Or do so many just regurgitate GOV propaganda from all the Main Stream Media without a thought as to truth?
Hmm, looks as though regurgitation of lies is the norm…
Rope for noose made in China for the USA to hang itself with…
WtR
Update addition: https://russiaspivottoasia.com/will-trumps-new-104-china-import-tariffs-increase-chinas-brics-trade/