So spin how this is bad for Americans.. because I'm sure that you will.....
The first domino falls. Expect more deals to be finalized in the near future. More winning. Originally Posted by Lantern2814
...They will end up out of business because of the tariffs. Originally Posted by 69in2it69Balderdash. They can easily bypass that through a Federally funded and insured laundering service.
Chinese Export Companies Use ‘Origin Washing’ Services to Dodge U.S. Tariffs
A flourishing industry of “origin washing” services has appeared on Chinese social media, offering to help export companies evade U.S. tariffs by pretending their products were shipped from other Asian countries such as Vietnam and Thailand.
“The U.S. has imposed tariffs on Chinese products? Transit through Malaysia to ‘transform’ into Southeast Asian goods! The U.S. has set limits on Chinese wooden flooring and tableware? ‘Wash the origin’ in Malaysia for smooth customs clearance!” one such advertisement cajoled...
Radio Free Asia (RFA) on Tuesday broke down the business model for origin washing, which is more formally known as “freight forwarding.” The forwarding companies advertise extensively on Chinese social media platforms, including Douyin, China’s internal version of TikTok.
The ads promise to manage “customs declaration documents, clearance, and certificates of origin” to make it look as if Chinese shipments originated in other countries. If necessary, the forwarding companies will even move products between shipping containers to conceal their true origins...
Not.Sure!
So spin how this is bad for Americans.. because I'm sure that you will..... Originally Posted by texassapper
Sure!
The last two columns in Trump's post look like complete fiction. The weighted average tariff rate in the UK in 2021 was 0.72%, and it's probably about the same today:
https://en.wikipedia.org/wiki/List_o...by_tariff_rate
The average effective tariff rate in the USA as of last week was about 28%:
https://budgetlab.yale.edu/research/...-april-15-2025
https://eccie.net/showpost.php?p=106...0&postcount=16
British consumers may pay a little less for ethanol, beef, cereals, fruits, etc., and American producers may sell more of those commodities to the UK. That's good for both. It will go a LITTLE way towards making up for the tens of billions American commodities producers will lose because Trump shut them out of the China market.
I remember reading an article in the Economist years ago. Four economics think tanks looked at what the effect would be of Brexit on British GDP. They showed the UK losing out under all scenarios except one -- if the country opened up to trade and cut tariffs to "0", like Singapore did, then the country was expected to do better than if it had stayed in the EU.
Trump's making a mistake. Now you can't trust that America will do what it agreed to. USMCA is the best example in trade, but no doubt we broke WTO rules and abrogated other treaties when we imposed across the board 10% tariffs, and the 25% tariffs on steel, aluminum and autos. Free markets and the rule of law are important contributors to the prosperity of a nation, and Trump is riding roughshod over both. Originally Posted by Tiny
And right out of the depends this morning, China falls from 145% to 80%. China just "negotiated" 65% right off the top without saying a word... Originally Posted by 69in2it69Except that Chinese representatives have been seen coming into federal buildings to negotiate. Just because they don't tell you what's happening every second doesn't mean it isn't going on. Though I'm sure Chairman Xi appreciates the full support of you and the other usual suspects.
Except that Chinese representatives have been seen coming into federal buildings to negotiate. Just because they don't tell you what's happening every second doesn't mean it isn't going on. Though I'm sure Chairman Xi appreciates the full support of you and the other usual suspects. Originally Posted by Lantern2814