NewStats: 3,263,756 , 8,181,293 topics. Date: Saturday, 07 June 2025 at 06:18 PM 2k6f4bq6w2h |
US, China Reach Temporary Agreement for 90 days, lower reciprocal tariffs (9337 Views)
Eboofa: 7:49pm On May 12 |
NOETHNICITY: It's not that simple bros! The US maintains a terrific of 30% ......while China has a tarrif of 10%.............. The U.S market is not insignificant! |
NOETHNICITY(m): 7:52pm On May 12 |
Iweakbro:Tariffs are paid by the people buy imported goods. The higher the tariffs the higher the cost of imported products I can bet you that the trade deficit between China and the USA is going keep growing |
NOETHNICITY(m): 7:54pm On May 12 |
Eboofa:Never said it’s insignificant, ever |
baralatie(m): 7:59pm On May 12 |
Rybnyk: |
Peacecore: 8:59pm On May 12 |
Breaker001:Britain is normally a toothless bulldog. China did not beg for peace, Trump did. |
Iweakbro: 9:30pm On May 12 |
NOETHNICITY: Common sense says, when it becomes too expensive, people will seek alternatives, ruining the business of the exporter or importer. |
OriOko88(m): 9:32pm On May 12 |
Watcharena:Una go just dey come online dey cap nonsense with confidence. Mention two countries that China has made deals with since the tarriff issue started. ![]() |
Father4all: 9:40pm On May 12 |
Rybnyk:because he thinks he can bully everyone |
Salowise: 9:45pm On May 12 |
erniok:Mr sabi English every person on nairaland, you're wrong sure you still don't know the negotiation favoured the United States more. 1 Like |
erniok(m): 9:54pm On May 12 |
Salowise:You posted a picture alleging China sued for peace and I debunked that using your own picture. The negotiation favoured US and that's not in dispute. 1 Like |
slimthugchimee2(m): 11:47pm On May 12 |
bentenny: Lol they are back to where they started again China continues to export all it's cheap products to America while American industries keeps dieing He would have entered the negotiation table since the beginning He did not achieve anything, he just backtracked |
slimthugchimee2(m): 11:47pm On May 12 |
Iykenuwa: So what did the negotiation achieve? |
chukxie(m): 1:03am On May 13 |
China needs the United States the same way the United States needs China. Unfortunately this relationship led to huge trade deficits that favored China leading to the demise of American manufacturing companies. Trump wants to bring back some manufacturing jobs back to America - a step in the right direction but would be hard to achieve because a lot of Americans, like almost everyone else, love cheap Made in China products. Agreed Trump can be arrogant and irrational, but he does mean well for America. Before now, items worth less than $800 sent by post from China to the US were exempted from tax under the De minimis rule. Chinese e-commerce platforms like Shein and Temu and others have become wealthy by exploiting this loophole. Meanwhile every package sent by post from the US to China is taxed irrespective of its cost. So, it was right that DT ended it. From the get-go, DT wanted to recalibrate the US - China trade relationship something I think he's partly succeeded in doing by getting China to lower tariffs across board on America products while the US reciprocates. I'm sure this 90-day reprieve will be welcomed by businesses on both sides that have bled because of the trade war.
1 Like |
bentenny(m): 1:14am On May 13 |
slimthugchimee2:Ok |
Dottore: 2:10am On May 13 |
baralatie:US made China great in his first tenure now he made them greater. There's inflation in the US. while the tartif effect didn't hit China as Trump anticipated as Chinese suppliers had already started rerouting. At the initial stage it might lessen their profits but they are good in trades and they understand scalability very well. They will make many countries too lazy to manufacture by selling too cheap to them so they can in turn resell to the US which is still a win for China. The funny thing is that they will help those countries put the countries imprint on them as if the goods were made in those countries. While the rich ones will just setup factories in those countries (E.g. Vietnam, Malaysia, Indonesia, Thailand, etc) just like they did in Trump's first tenure. That's what Trump and his advisers discovered that made them initiate the trade talks whereas they had been waiting for China to call. China is the only country that has a control over all supply chains of the goods they produce. They manipulate their currency to stay below dollars despite being an export driven economy which would have ordinarily placed their currency ahead of others. |
Caseless: 4:31am On May 13 |
tempex88:he was so pained that China refused to talk and was taking counter-measure against them. The big businesses told him there would be empty shelf in winter, so he panicked. Inflation would have done them in. |
Iykenuwa(m): 5:33am On May 13 |
slimthugchimee2: Are they done with it, or you just happen to watch too much CNN? |
Flamemignon1(m): 5:37am On May 13 |
tempex88:Forced wetin? The orange clown was the one that reached out to China after they were seeing empty ports and shelf, also the tariffs went back to what it was before after it bankrupted farmers literally achieving nothing |
Flamemignon1(m): 5:40am On May 13 |
rinzaugustine:It's actually what you get when you surround yourself with anti china propagandist like Peter Navarro 1 Like |
Flamemignon1(m): 5:40am On May 13 |
Iykenuwa:Forced which negotiation? He literally gained nothing in return |
HellVictorinho9: 6:59am On May 13 |
Fvck china Fvck d states Spits |
Rybnyk(m): 7:06am On May 13 |
Father4all:What is bullying in this case? Helping your country gain more economic leverage is not bullying. I think we as Nigerians are used to accepting anything put before us without criticism and so when we see another leader maneuvering to his country's advantage,we call it "bullying". World trade is not a "tea party". Countries fight to gain advantage over each other. You think China is "kind and comionate"? They'd rather produce for you so you won't bother setting up industries to produce what they are selling to you,like the west. Like the US, China is a world power because they play to their own advantage. |
Breaker001: 7:52am On May 13 |
Peacecore: Incorrect ❌ |
baralatie(m): 7:55am On May 13 |
Dottore:You said tariffs did not affect china as expected You now said china suppliers are rerooting from china You now said manufacturers ase is been moved to neighbouring Asian countries And you say the Chinese economies is not been hit. T Dey play o... |
Peacecore: 9:13am On May 13 |
Breaker001:Show me the evidence bro |
ghettochild(m): 5:39pm On May 13 |
Mide70:They need the Us more than they need other continents |
okoloto: 9:37pm On May 13 |
Trump thinks he can bully china ![]() |
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