“With 25% tariff, many other countries could price the Chinese out of the market.”
Companies are already relocating parts of their operations out of China. IMO China is desperate for a deal and is willing to make one if Trump allows them to do so without “losing face”.
I believe the President is aware of this and will not take a “victory lap” when this comes together.
“Companies are already relocating parts of their operations out of China.”
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I have a story to tell in that regard.
Last year, and this year, too, I was (still am) packing
boxes of videos/DVDs, heavy books, and all kinds of other items and moving them to my storage locker.
I buy a lot of clear packing tape. Last year, I bought Duck clear packing tape in WalMart. The single rolls, with less tape, were $1.00, later raised to $1.12, and now sell for $1.24.
The four pack of the Duck brand has more tape on each roll and sold for seven dollars and change, now it’s $8.84, all of pre-tariff prices.
This tape was made in China.
I decided to switch over to the much more expensive American made clear packing tape, which is thicker than the Chinese made packing tape.
I brought a number of boxes to my storage locker. When I returned a month or two later, the more expensive American made packing tape was peeling off, and hanging off, many of the boxes.
I was pissed, and went back to the Chinese made packing tape, which I placed over the sub-standard American made tape.
I purchased another four pack of the Duck brand clear packing tape several days ago, and I noticed inside each role where it used to say “Made in China” now says “Made in Malaysia.”
It looks like that manufacturer has already changed their supply source. I guess they saw the writing on the wall.
Lose face? F* 'em to hell.
They're killing us with Fentanyl. Everyone in that chain should die of the very same.
Until that happens, let the chicoms choke and spew. They deserve our @ss, nothing more.