All of those numbers mean absolutely nothing. As soon as the price is higher than shipping it through Singapore it's useless.
Global News
What is global news?
Something that happened or was uncovered recently anywhere in the world. It doesn't have to have global implications. Just has to be informative in some way.
Post guidelines
Title format
Post title should mirror the news source title.
URL format
Post URL should be the original link to the article (even if paywalled) and archived copies left in the body. It allows avoiding duplicate posts when cross-posting.
[Opinion] prefix
Opinion (op-ed) articles must use [Opinion] prefix before the title.
Country prefix
Country prefix can be added tothe title with a separator (|
, :
, etc.) where title is not clear enough from which country the news is coming from.
Rules
1. English only
Title and associated content has to be in English.
2. No social media posts
Avoid all social media posts. Try searching for a source that has a written article or transcription on the subject.
3. Respectful communication
All communication has to be respectful of differing opinions, viewpoints, and experiences.
4. Inclusivity
Everyone is welcome here regardless of age, body size, visible or invisible disability, ethnicity, sex characteristics, gender identity and expression, education, socio-economic status, nationality, personal appearance, race, caste, color, religion, or sexual identity and orientation.
5. Ad hominem attacks
Any kind of personal attacks are expressly forbidden. If you can't argue your position without attacking a person's character, you already lost the argument.
6. Off-topic tangents
Stay on topic. Keep it relevant.
7. Instance rules may apply
If something is not covered by community rules, but are against lemmy.zip instance rules, they will be enforced.
Companion communities
- [email protected] - International and local legal news.
- [email protected] - Technology, social media platforms, informational technologies and tech policy.
- [email protected] - Fascinating articles, captivating images, satisfying videos, interesting projects, stunning research and more.
- [email protected] - News and information about Europe.
Icon generated via LLM model | Banner attribution
If someone is interested in moderating this community, message @[email protected].
wtf they beat the Turkish car tariffs
it was the highest in the world, used to be, before trump
Lol we got a fentanyl tariff now🤣
A post 6 hours old. I give a 50% chance, that the number is outdated.
This headline is bullshit. The correct headline would be "Americans now face 245% Trump tariff on Chinese goods". No need to spread misinformation about how tariffs work.
hahaha line go brrrrrrr
Welp when the debt defaults and everyone stops using American dollars or hold their gold here, then better hope we don’t all become forced to use crypto like El Salvador (which is probably the blueprint plan).
Next stop: trade embargo
Nah, its not over 9000 yet.
We could call it the BFT 9000.
Yeah because they excempted the main imports so now they can jack it up to whatever to look tough even though they already conceded.
No, they walked that back almost immediately. The tariffs are still on everything.
Damn, I can't keep up with this shit
That's ok. Neither can they.
China should just one up him in a way that doesn't let him one up them: complete embargo
"Oh yeah? Complete embargo PLUS ONE!!"
245% embargo. If you dare try to export things to the US, you're getting 245% of it back.
The bad part being that the stuff over 100% will be poorly-made American knockoffs.
Doesn't matter whether it's a 80% (or whatever it was, basically changes on a whim) or 245%. There is no difference.
It does make a difference. Let's say a thing you need about once a month to run your business was 10 dollars from China. You can get a similar product in the US, but it's 30 dollars. At 80%, it's still cheaper to get from China, 18 bucks. At 245%, it's now 24.50 to buy from China. Still cheaper than buying from the US, but now way more expensive.
I know these are made up numbers, but it isn't that unusual for US made items to be 3-10x the price of making it in 'cheap labor' countries. Also, this assumes there is a comparative replacement made in the US. But many machine parts have no analog or are proprietary, you must buy it from China or end that part of your business.
Your point is fairly good but you need to recheck your math. At 145% a $10 product will be $24.50. At 245% it's gonna be $34.50. And that doesn't even take into account additional federal, state, and local taxes.
Non-tarrif taxes would apply equally to foreign and domestic goods and can be ignored when comparing prices.
It was 145% last, before the current rate, for those curious. It only further cements your point, it no longer has real impact, importing from China is just as dead.
These numbers are absolutely wild. Has anyone made a site for tracking this madness?
Many, it's all over the news. It seemingly changes based on emotion though, we thought it was 125% but it was really 145%.
I’ve seen a bunch of articles, each with just the latest number and a date. In order to make a nice graph out of all of them, I would need to set up some sort of webscraping project to pool the numbers together. I’ve also seen a bunch of articles that have other types of graphs and tables that don’t really answer my question. The data is out there, but it’s scattered all over the place.
Don't know of any, sorry!
Title should be "Americans face 245% Trump tariff on China"