Further tariffs by China against The US or vice versa will not have effect on the markets. It's baked in now. At this point, we don't need China, however they will discover soon that they need us barring them doing something stupid.
China had $500 billion in earnings from the US market the past year. How do they replace that? The past year, 2024 China earned $1 trillion the entire world over. US and China have totally stopped trade with each other and the small $150 billion the US exports to China will not affect the US in the same way. Leverage favors the US and not all the hacks on cable TV bashing President Donald Trump is going to change that! The icing on the cake is Europe's economy is in bad shape too. So, China cannot easily dump their products on the Europeans. You have to have buyers who actually, want your products. India, Malaysia, Thailand, Vietnam, etc. can easily replace China, selling the same cheap goods to Walmart and other US businesses.
Apple will never move production to the U.S. for iphones... its simple math/economics... but many here do not understand simple math... https://www-cnbc-com.cdn.ampproject...much-a-made-in-the-usa-iphone-would-cost.html
Aaha! In January the penguins bungle Musk's assassination and that's why their island was hit with tariffs. It all makes sense now. Right wing media not touching this, they know.
Markets are wildly out of control. The cash is on the sidelines moving in and out. Our stock market has become a gambling platform because of the volatility. The bond market is still vertical. What Trump is doing will cost us all in the form of higher interest rates, reduced investment and delayed retirement. Talking about baked, your brain is fried. None of this is to America’s benefit. Even if you wanted to work in a factory and pay 2x, 3x for goods, that is still 5 to 10 years away without the manufacturing infrastructure. There is no bright side to any of this. It’s just stupid. All of this could have been avoided with the Trans Pacific Partnership but the republicans had it scuttled.
Trumpers miss one VERY important thing, China's trade with the USA is around 4 to 4.5 percent of China's GDP but that is GROSS exports, NET it's between 2 and 2.5 percent. Far less than most imagine. They really really can just the the USA to go fuck itself as long as they wish. They can find customers for everything short of Trump hats and bibles.