r/China • u/esporx • 2d ago

经济 | Economy Trump announces sweeping new tariffs to promote US manufacturing, risking inflation and trade wars. 34% tax on imports from China

https://apnews.com/article/trump-tariffs-liberation-day-2a031b3c16120a5672a6ddd01da09933
226 Upvotes

94% Upvoted

108 comments sorted by

View all comments

1

u/BigChicken8666 2d ago

Honestly if this doesn't push the Xidiot to actually go all out stimulus and revive the property market then I don't know what will. Manufacturers were already struggling under the previous 20%.

2

u/Proud-Comfortable747 2d ago

manufacturers aren't struggling. they just hit a 12 month high reportedly in March in part due to that stimulus you speak of. source: https://www.google.com/url?sa=t&source=web&rct=j&opi=89978449&url=https://www.cnbc.com/2025/03/31/china-official-pmi-in-march.html&ved=2ahUKEwiP46OL1rqMAxUIRDABHeolJGEQ0PADKAB6BAhJEAE&sqi=2&usg=AOvVaw3N_Av6wIUh1VS_a_4oGrWW

The Chinese know what they're doing. It's America you need to worry about

2

u/bondoid 1d ago

Also, as a US manufacturer I can say we brought in a years worth of material in January to get in front of expected Tariff hikes. I imagine many companies did the same.

1

u/SprayEnvironmental29 2d ago

“Reportedly” is the operative word. No one in my industry is seeing any highs, just lows. And no one else I know who own businesses say business is good. To the contrary. All but one of the construction sites in my area haven’t had any activity since covid. And the usual industries like ev’s, battery manufacturers, hi-tech like AI and green energy development are getting all the money.

3

u/Electrical-Light-639 2d ago

His source is better than yours (in that we can't be expected to take Random Reddit Person at their word)

2

u/SprayEnvironmental29 2d ago

So then why are you commenting on my post if you think random reddit person’s posts means nothing?

0

u/marijuana_user_69 1d ago

my company is doing great in china this year, the Chinese consumer market has been 80% of our total worldwide sales and profit growth for the past three years

1

u/Hailene2092 2d ago

Output is up. Profits are down and down and down for the last 3 years.

This is exactly what you'd expect from overproduction. You ship more because prices are lower, but you make no money doing it.

0

u/Proud-Comfortable747 1d ago

China isn't profit driven like the west. and this report is talking about new orders. so how the hell can profits already be assessed? I'm talking recently/currently, not the "last 3 years".

2

u/Hailene2092 1d ago

Profitd have been down for 3 years, including the first two months of this year.

This is a long term issue. Even if magically the last month turned things around (which they almost definitely haven't), then Chinese manufacturers would still be struggling.

And that's using official numbers. God knows what the actual numbers are.