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Tariffs Catch-All

  • Thread starter Thread starter BubbaOtis
  • Start date Start date
  • Replies: 4K
  • Views: 120K
  • Politics 
Here's the precise amount of rare earth mineral that China will be willing to export: enough to discourage other countries from opening rare earth mines, but not enough to impede China's technical superiority.

Anyone can figure that out. Even Scott Bessent.
One person can’t figure it out. Unfortunately he is our king so there isn’t anything we can do until the GOP grows some balls.
 
Analysis shows Trump's tariffs would cost US employers $82.3 billion

 
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[Not clear of anything is signed]
Vietnam is not a giant market in any event, and the cost of U.S. goods and services may be prohibitive even with no tariffs, but there is room to grow the market in niches where we actually produce items Vietnam imports below cost (or availability) of similar imports from the region:

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Meanwhile, even if the USA magically took over the entire Chinese business with Vietnam, the US would still have a trade deficit with Vietnam.


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In other words, opening U.S. opportunities in Vietnam could help a limited number of U.S. businesses, but won’t resolve the trade imbalance. Meanwhile, now the U.S. will pay 20% tariffs on imports from Vietnam (and 40% for imports that are being trade washed through Vietnam).

PS — dropping the tariff rate on U.S. imports to zero is virtually meaningless except for a handful of products — the average tariff rate charged by Vietnam on U.S. imports was already only a little over 1%.
 
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