Monday, May 12, 2025

Steve’s Barking; The same as it ever was China US trade deal

 This intrepid blogger did a tiny bit of research and it appears that the tariffs that the U S placed place on China  is on 5/11/25 is pretty much the same as they were before the president had Tarrifs placed on China of 135% or was it 145%, it was so long ago and no one could afford them. Any how I didn’t check to see  if China had the same restrictions before the tit for tat. It probably was. Now if you ask me and no one has it was kind of for domestic mental consumptions

Well, Wall Street screwed up, the next two months because there is a major deficit of merchandise coming from China, U S firms are going to take a direct hit, and by the time things may get back to normal, new threats of tariffs will be coming out.

 In the mean time there is a good chance that China will find new markets and find new merchants ( non US) to sell it what it needs, especially food products.

 What is a better way to punish a country, Tarrifs that is government controlled or boycott which many Europeans and South Americans perhaps will be doing to US products.

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