Tariffs on China set to rise to 104% on Wednesday
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Re: Tariffs on China set to rise to 104% on Wednesday
#2[deleted]
Re: Tariffs on China set to rise to 104% on Wednesday
#3Truly insane that the GOP is attacking US taxpayers like this. China is only able to be harmed by how much pain is inflicted through a domestic tax hike.
When the dust settles on this, the executive branch needs to be nerfed to the point that it's mostly a figurehead. Certainly the unchecked tax hike via tariffs power needs to be ripped out immediately, before (any further) permanent damage can be inflicted on the country.
Re: Tariffs on China set to rise to 104% on Wednesday
#4Xi doesn't have to worry about reelection. The Republicans in Congress do in 2026. The Chinese can politically handle a trade war better than the US.
Re: Tariffs on China set to rise to 104% on Wednesday
#5Truly insane that the GOP is attacking US taxpayers like this. China is only able to be harmed by how much pain is inflicted through a domestic tax hike. When the dust settles on this, the executive branch needs to be nerfed to the point that it's mostly a figurehead. Certainly the unchecked tax hike via tariffs power needs to be ripped out immediately, before (any further) permanent damage can be inflicted on the co…
It'll be interesting to see if there's anything Trump can do to cause the GOP-led Congress to reign him in. The Senate is starting to fracture, but so far, the House remains in steadfast support. Maybe once their supporters start feeling the impact of this, they may start singing a different tune.
Re: Tariffs on China set to rise to 104% on Wednesday
#6Truly insane that the GOP is attacking US taxpayers like this. China is only able to be harmed by how much pain is inflicted through a domestic tax hike. When the dust settles on this, the executive branch needs to be nerfed to the point that it's mostly a figurehead. Certainly the unchecked tax hike via tariffs power needs to be ripped out immediately, before (any further) permanent damage can be inflicted on the co…
It'll be interesting to see if there's anything Trump can do to cause the GOP-led Congress to reign him in. The Senate is starting to fracture, but so far, the House remains in steadfast support. Maybe once their supporters start feeling the impact of this, they may start singing a different tune.
The House Republicans will just blame Biden in the run up to election in 2026, and I'm sure their idiot sycophants will eat it out of the palms of their hands.
Re: Tariffs on China set to rise to 104% on Wednesday
#7Why is Trump even attempting to reshore manufacturing?
This drastic of a Tariff so soon, and the inconsistent messaging with pausing tariffs makes it impossible for any business owner to safely setup US manufacturing.
Besides US manufacturing should be more focused on high value, high tech products. We are a rich enough country in where we CAN import more than export. This is why poorer countries rely on exports for income whilst richer countries import more.
Trade deficits should not be a reason for these tariffs and just alienates allies more than anything.
Re: Tariffs on China set to rise to 104% on Wednesday
#8Why is Trump even attempting to reshore manufacturing? This drastic of a Tariff so soon, and the inconsistent messaging with pausing tariffs makes it impossible for any business owner to safely setup US manufacturing. Besides US manufacturing should be more focused on high value, high tech products. We are a rich enough country in where we CAN import more than export. This is why poorer countries rely on exports for…
> Why is Trump even attempting to reshore manufacturing?
He isn’t. The fact that he’s open to cutting deals undercuts the tariffs’ restoring effect.
Tariffs are a tax. The administration found a revenue toy and a bunch of people are playing it in different directions. There isn’t a coherent plan as much as a bunch of plans, some of which make sense, some of which don’t, but none of which make sense when stacked with the others.
Re: Tariffs on China set to rise to 104% on Wednesday
#9Truly insane that the GOP is attacking US taxpayers like this. China is only able to be harmed by how much pain is inflicted through a domestic tax hike. When the dust settles on this, the executive branch needs to be nerfed to the point that it's mostly a figurehead. Certainly the unchecked tax hike via tariffs power needs to be ripped out immediately, before (any further) permanent damage can be inflicted on the co…
It'll be interesting to see if there's anything Trump can do to cause the GOP-led Congress to reign him in. The Senate is starting to fracture, but so far, the House remains in steadfast support. Maybe once their supporters start feeling the impact of this, they may start singing a different tune.
> the House remains in steadfast support
House is fighting Trump on blowing out the deficit [1].
[1] https://www.politico.com/live-updates/2025/04/08/congress/an...
Re: Tariffs on China set to rise to 104% on Wednesday
#10Truly insane that the GOP is attacking US taxpayers like this. China is only able to be harmed by how much pain is inflicted through a domestic tax hike. When the dust settles on this, the executive branch needs to be nerfed to the point that it's mostly a figurehead. Certainly the unchecked tax hike via tariffs power needs to be ripped out immediately, before (any further) permanent damage can be inflicted on the co…
It'll be interesting to see if there's anything Trump can do to cause the GOP-led Congress to reign him in. The Senate is starting to fracture, but so far, the House remains in steadfast support. Maybe once their supporters start feeling the impact of this, they may start singing a different tune.
> The Senate is starting to fracture, but so far, the House remains in steadfast support.
Which is kind of odd. 100% of the House is up for re-election; only 1/3 of the Senate is. I would expect the House to be fracturing more than the Senate.