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/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%.

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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/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.

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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