China Trade War - Tarrifs, Tarrifs and more Tarrifs

[shri]

Given iPhones are assembled in China I very much doubt they're on the Chinese tariff list!

The other way around. They're not on US list (misread the whole implication of people swarming over to HK to buy).

Most of the list right now is intermediate goods, which manufacturers / vendors can sort of absorb / soften.

Next list of tariffs may include finished products - phone and other things which will have day 1 impact?

[jonastainine]

Americans can absorb tariff on cheap plastic crap or even Nikes which cost $10 ex factory but $200 on shelves so what’s a few more bucks for the consumer? But Americans sell the big ticket items like private jets, jumbo jets, farm equipment, luxury vehicles, surveying equipment, bulldozers, stuff that will hurt.

[hullexile]

Americans can absorb tariff on cheap plastic crap or even Nikes which cost $10 ex factory but $200 on shelves so what’s a few more bucks for the consumer? But Americans sell the big ticket items like private jets, jumbo jets, farm equipment, luxury vehicles, surveying equipment, bulldozers, stuff that will hurt.

You are forgetting bovine semen, I am sure that hurts

[East_coast]

You are forgetting bovine semen, I am sure that hurts

The worlds largest bovine seman supplier is from the UK. Those pesky tories privatised the Milk Marketing Board and from that badly run quango a world beater was created. Surprised it is not on Corbyn's list to re-nationalise.

[hullexile]

The worlds largest bovine seman supplier is from the UK. Those pesky tories privatised the Milk Marketing Board and from that badly run quango a world beater was created. Surprised it is not on Corbyn's list to re-nationalise.

All the semen is exported? No wonder the cows got mad

[huja]

And the American version, boycott Huawei. That is one of the problems, once both sides have stirred up the anti sentiment in their populations it becomes hard to back down.

This is a key point. Knucklehead politicians think that nationalism, regional hate, ethnic conflicts, tribal loyalties, etc. can be ratcheted up and down in a controlled manner like the temperature of an oven for their own political interests. But they can't. These things have a life of their own and usually grow out of control.

[Skyhook]

Original Post Deleted

I think our government in Australia, has banned Huawei from some telecommunications stuff, too. Government and private sector, Vodafone for example, cancelled its sizable 5G network equipment deal with Huawei.

Understandable, considering how close our ties are with the US.

[East_coast]

https://www.scmp.com/news/china/scie...r-breakthrough

[shri]

Random conversation:

"China should end this all and just put an export tax on all products to the US. US company wants to buy product X for $100. Make them pay $25 in a special export tax to China."

"Remove all import duties and let US products flow freely into China."

What could go wrong?

[hullexile]

Random conversation:

"China should end this all and just put an export tax on all products to the US. US company wants to buy product X for $100. Make them pay $25 in a special export tax to China."

"Remove all import duties and let US products flow freely into China."

What could go wrong?

Was this a Chinese citizen?