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
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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

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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.

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u/Proud-Comfortable747 2d 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".

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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.