• LifeInMultipleChoice@lemmy.world
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    6 days ago

    China likely to reciprocate against the tariffs, why? They only hurt us, and help them. Placing Tariffs in the other direction makes their prices rise in their country, that doesn’t help them. They keep more industries by keeping prices low

    • Flying Squid@lemmy.world
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      6 days ago

      It hurts them because imports will fall and that’s how they make money.

      It will just hurt Americans far more.

      • LifeInMultipleChoice@lemmy.world
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        6 days ago

        Someone used to tell me one of the largest exports of Panama City Beach when I lived there was mulch. They would ship it to China for fuel apparently. Never would have thought about a smaller town shipping trees half a world away… Talk about inefficient.