Posted on 04/16/2025 4:02:45 AM PDT by Oldeconomybuyer
"Trump is a crazy man," says Lionel Xu, who is surrounded by his company's mosquito repellent kits – many were once best sellers in Walmart stores in the United States.
Now those products are sitting in boxes in a warehouse in China and will remain there unless President Donald Trump lifts his 145% tariffs on all Chinese goods bound for the US.
"This is so hard for us," he adds.
Around half of all products made by his company Sorbo Technology are sold to the US.
It is a small company by Chinese standards and has around 400 workers in Zhejiang province. But they are not alone in feeling the pain of this economic war.
"We are worried. What if Trump doesn't change his mind? That will be a dangerous thing for our factory," says Mr Xu.
Nearby, Amy is helping to sell ice cream makers at her booth for the Guangdong Sailing Trade Company. Her key buyers, including Walmart, are also in the US.
"We have stopped production already," she says. "All the products are in the warehouse."
Amy hopes her ice cream makers will head in a new direction.
"We hope to open the new European market. Maybe Saudi Arabia - and of course Russia," she adds.
(Excerpt) Read more at bbc.com ...
You lost me here. You see pain and suffering and I see huge opportunity. I see industrial rebirth, huge manufacturing onshoring opportunities and giant future GDP/wage growth. I see short term inconvenience and long term prosperity. I see a Renaissance and you see a retreat from Moscow. Again, you lost me...
Absolutely. What many don’t realize is that eliminating this unhealthy and unholy concentration of industry in Communist China has the potential to improve the lives of EVERYONE around the world.
Particularly the USA.
Otherwise, we are all dependent on Communist China, and in the process of being dependent on them, are bankrolling their tyranny.
“and paying over $600 Billion dollars a year just to service THE INTEREST ON THE DEBT”
More like a TRILLION bucks a year!
Very well and truthfully said.
Xi is pleased with the tariff economic destruction.
Xi is intent on removing all aspects of capitalism to allow the takeover and growth of the pure communism he is implementing.
You undermined your entire post with such irrational logic.
Just sayin'.
Where was the BBC story on small American businesses that were driven to bankruptcy by China’s subsidizing exports, manipulating currency and stealing intellectual property?
What you quoted there is only ONE part of the equation...the Boeing planes, the lithium batteries, and the iPhones, and that part of the equation is the short-term pain.
For example, in the short term, the pain cause by Boeing's bottom line going down by some amount and possible corresponding layoffs. Or lithium batteries used in a variety of items ranging from EV (no loss there) to consumer electronics, and the inability to produce Patriot missiles due to chip shortages. (these are hypothetical examples)
But I fully characterize those as short-term pain points we may have to endure (or not...we shall find out)
You and I both see the long term gain as both vital, good, and absolutely necessary for our survival and well being in the "re-shoring" of industry, which we already see taking place on a rather large and frankly, startling scale!
I heard just yesterday there is nearly $7 trillion dollars of investment coming in from all over the world on "re-shoring" industry in the USA.
This indicates that you, I, and other like minded people are wholly correct. One of the several key reasons for Trump's immediate action with Tariffs is to begin the "re-shoring" of our industrial base, and it is astonishing how quickly we are seeing indications on large scale this is happening.
I 100% definitely do not see this as a "Retreat from Moscow"! I view this all as a necessary pain to uncouple us from an industrial dependency on Communist China.
My post was very long, and I expect it is because it was a large amount of text, it is hard to paint it on one canvas.
I see it EXACTLY as you do...EXACTLY (to quote your post): "...I see industrial rebirth, huge manufacturing onshoring opportunities and giant future GDP/wage growth. I see short term inconvenience and long term prosperity..."
There is not going to be that much tax on the economy when it is all over.
Negotiations will eliminate the actuality of collecting the taxes on imports
He is in China, he can learn to coal.
I don’t think so. (again, your reading is probably due to the length of the post. It is a personal fault, as I get long-winded, but...I have never been able to use the 140 character limit on some things...so I apologize for that)
As I stated to Central_VA in the post above: that is ENTIRELY a short term pain point which we MUST absolutely bear to obtain freedom from this deadly coupling with Communist China.
It is by NO means a long term pain. If we can uncouple, we will get that short pain back and gain far more.
You wish gloBULLBoy. The 10% baseline is here to stay!!!!
PS: You sound just like every Democrat I see talking about the evil Trump tariff. As Free Traitor™ how does that make you feel?
Please explain, using your twisted tortuous traitorous illogic, how eliminating half the debt servicing expenditure per year with the tariff is bad thing. Explain that whopper for the audience.
Wait what? The opposite will happen. They will have to insource the components made in China ( who knew ). That means more US jobs. Boeing has a huge back log of orders. Screw China.
Tariffs increase the need for US workers not decrease them!!!
This is thought by many to be one of the finest graphical portrayals of data ever produced (in its ability to show five different data sets simultaneously displayed in an immediately understandable way)
Me and the President........ Free Traders who do business on a totally international level.
Why do you insist President Trump is a Free Traitor™
That is just one single hypothetical short term point.
A short term point. A single point in a single year. Next year and beyond it would be different if it goes as we hope.. Those short term layoffs would be more than offset by the long term re-hires and expansions.
Long term we will win, right? Isn’t that what you are saying? Isn’t that what I am saying? Isn’t that the whole point of this?
Trump’s 10 percent baseline tariffs are here to stay, Hassett says
For those of us who are sight challenged
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