Shroedinger's Tariffs?
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I think the cat is definitely dead
Still bouncing though.
Yeah but it’s being “weekend at Bernie’d” and half the country thinks it’s fine.
If a tariff falls on a product category but no one is around to hear it, did it even make a sound?
To add to this, it appears that only about 15% of China's exports go to the US. I thought it's much more than that.
2% of China's GDP also, so noticeable but not the knife in the side that the Whitehouse seems to think it is.
its down to 12%
US warmongering has forced China into a "delete America" program with critical priority for chips. In the short term, this harms humanity and US dominance through lower market access, and lower US R&D due to less market access. In long term, it harms US dominance by forcing China to surpass them.