President Donald Trump threatened to slap additional 50% import taxes on China, while readying negotiations with Japan and Israel, leaving markets struggling to grasp his intentions for his sweeping tariff plans.
China can do without United States luxury imports like cars and iPhones for far longer than American consumers can do without coffee makers, microwaves, televisions, blenders, dishes, utensils, clothing, and literally every other consumer good in existence.
Maybe pay some attention instead of just posting a meaningless number. It’s not HOW MUCH trade is done, it’s WHAT is coming to and from each of the countries.
China doesn’t need America’s crap. America most definitely does need China’s.
China can do without United States luxury imports like cars and iPhones for far longer than American consumers can do without coffee makers, microwaves, televisions, blenders, dishes, utensils, clothing, and literally every other consumer good in existence.
Maybe pay some attention instead of just posting a meaningless number. It’s not HOW MUCH trade is done, it’s WHAT is coming to and from each of the countries.
China doesn’t need America’s crap. America most definitely does need China’s.
Correct me if I’m wrong but aren’t iPhones actually manufactured in China? So the US customers would pay the price, not the Chinese user base