Earlier quoted context omitted.
The annoying thing about this setup is that people outside the us pay tariffs going both ways. They must pay the us tariffs to send into the us and then they must pay their countries tariffs receiving goods coming from the us. I read that the EU is ending de minimus in 2026. This is going to really put a hurt on small businesses like crafters, used bookstores, antique dealers, … Yeah, it’s what they voted for, but ha…
I still find it baffling that Trump managed to convince people that, somehow, "China" is paying these tariffs, despite the fact that that makes no fucking sense . These companies in China aren't charities; even if the exporter were the ones directly paying the tariffs, it would simply be baked into the price of the good being sold. This really isn't hard. It's literally something I learned on the first day of high sc…
What is China doing when they intentionally/greatly devalue the RMB?