This going pummel the US economy. There is no way the US can stand any chances at this point. You will see how bad this tarriff war gets in the months ahead.... China has the ultimate power. Sit back and watch how quickly this is going to spital out of control. China announced Tuesday it would impose additional tariffs of up to 15% on some U.S. goods from March 10, and restrict exports to 15 U.S. companies. https://www.cnbc.com/2025/03/04/chi...-us-tariffs-vows-to-take-countermeasures.html
Don't let the media hype it up. U.S. Tariffs on Chinese Imports Scope & Scale: The U.S. tariffs (for example, those announced under Section 301) have affected roughly $300–$370 billion worth of Chinese goods. These products span consumer electronics, machinery, apparel, and many other industrial and consumer sectors. Market Coverage: This means that the U.S. is essentially placing trade barriers on a very large segment of Chinese exports—covering a market that is many times larger than just agricultural products. Chinese Tariffs on U.S. Exports Focus on Agriculture: In contrast, the Chinese tariffs you mentioned target specific categories: for instance, a 15% tariff on items like chicken, wheat, corn, and cotton, and a 10% tariff on sorghum, soybeans, pork, beef, seafood, fruits, vegetables, and dairy. Trade Volume Impact: U.S. agricultural exports to China over the past several years typically have been in the range of tens of billions of dollars annually. While exact numbers can fluctuate—with some estimates placing U.S. agricultural exports to China at around $20–$40 billion in various years—this represents only a fraction of the overall U.S.–China trade. Relative Scale Order of Magnitude: When comparing the two, the market or trade volume impacted by U.S. tariffs on Chinese goods is roughly an order of magnitude larger than the market that China is targeting with its counter-tariffs. In other words, while U.S. measures impact hundreds of billions of dollars in Chinese exports, Chinese tariffs affect a subset of U.S. exports valued in tens of billions.
ie the US consumers will be happy with cheaper chicken, wheat, corn, and cotton, sorghum, soybeans, pork, beef, seafood, fruits, vegetables, and dairy And Brazil farmers will be happy to sell more of their produces to China. And traders will forever be H.A.P.P.Y. Of course, there will be some sad faces OK. Now it is the US turn to move the chess piece.
So if this is all all allllll true than why cant equities turn ever so slightly up....markets are going to collapse, if what you said is absolutely true than why is wallstreet so up tight about tarriffs?
It's about how big is the based. US import $438B and export $143B to China. This may sound silly. As an outsider, I see often Americans complain about Chinese crap but they still buy a lot of it. Probably, Trump had had enough of this crap. https://www.census.gov/foreign-trade/balance/c5700.html
Have you spoken to the traders on Wall St? or did a talking head on CNBC tell you that Wall St is "up tight" about the tariffs? As to your question as "why cant equities turn ever so slightly up?": I can't say for sure but from what I can see: The market has been going most sideways for a few months now. The aggressive selling started on 12th Dec 2024. So far this sell off hasn't gone any further than most of the previous ones. It very well might in the days to come as its been looking sluggish for a while. But, to say its 100% because of tariffs is a stretch. Don't get shrill just because you're losing. And don't blame the media, do your own thinking
ELECTIONS HAVE CONSQUENCES LOL SAME OLE BULLSHIT EVERY DAY FROMM THE SAME BUNCH OF DUMB ASSES. THE MARKET DON'T GIVE A FUCK ABOUT YOUR FEELINGS SORRY SIMP BIDEN DIPS
We will be fine, we can survive any tariff they throw at us. China is the one that will pay. At least according to the tariff experts on ET LOL
You really think that?? Trust me when I say the US will pay. Price increases, heavy inflation leading to consumer spending slow down and a very deep recession China has zero worries, it's the US that is in trouble. Watch what happens when all prices of goods skyrocket because the only one who pays for it in the end is us.... China will win this tariff war. Sit back and watch them take the award..
HAHAHAHAHAHAHAHAHAHAHAHAHA. Good one bro Let's watch this quote age like milk left in the sun. As for trusting you. No thanks. We do not trust your claims, because you are not providing any evidence to back them up. You're jumping up and down, screaming on your multiple threads (creating your own echo chamber) that the Tariffs are going to crush the USA and be great for the rest of the world. You don't acknowledge any of the valid counter points from myself or any other ET member, so you clearly don't want to have an actual discussion about economic implications for the different parties involved. The fact you say "China has zero worries" shows you are very uninformed, detached from reality and stuck in your fantasy world. I hope your able to break the cycle and get back to mental clarity soon.