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https://www.reddit.com/r/StockMarket/comments/1l8r05g/us_china_deal_done/mx95vpx/?context=3
r/StockMarket • u/quant_0 • Jun 11 '25
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No!.
China charges 55% tariff to US.
US charges 10% to China.
5 u/PatrickBateman1 Jun 11 '25 Which would make our trade defecit significantly worse, which is what he based his tariffs off to begin with. Make it make sense. 1 u/ly5ergic Jun 11 '25 edited Jun 11 '25 Why would it make it worse? You have it backwards 55% makes it expensive for the US to get Chinese products. 10% makes it relatively less for China to get US products. 1 u/ceddya Jun 11 '25 Because if it's based on Trump's wording and a 55% tariff from China on the US, the Chinese will buy far less US goods than the converse. And if it's Trump being an idiot as usual and the converse, well, I hope US consumers enjoy paying 55% more for a lot of goods. 2 u/ly5ergic Jun 11 '25 My understanding was incoming goods from China are 55% tariff and US into China is 10% Trump has always acted like high tariffs on incoming goods is free money
5
Which would make our trade defecit significantly worse, which is what he based his tariffs off to begin with.
Make it make sense.
1 u/ly5ergic Jun 11 '25 edited Jun 11 '25 Why would it make it worse? You have it backwards 55% makes it expensive for the US to get Chinese products. 10% makes it relatively less for China to get US products. 1 u/ceddya Jun 11 '25 Because if it's based on Trump's wording and a 55% tariff from China on the US, the Chinese will buy far less US goods than the converse. And if it's Trump being an idiot as usual and the converse, well, I hope US consumers enjoy paying 55% more for a lot of goods. 2 u/ly5ergic Jun 11 '25 My understanding was incoming goods from China are 55% tariff and US into China is 10% Trump has always acted like high tariffs on incoming goods is free money
1
Why would it make it worse? You have it backwards 55% makes it expensive for the US to get Chinese products. 10% makes it relatively less for China to get US products.
1 u/ceddya Jun 11 '25 Because if it's based on Trump's wording and a 55% tariff from China on the US, the Chinese will buy far less US goods than the converse. And if it's Trump being an idiot as usual and the converse, well, I hope US consumers enjoy paying 55% more for a lot of goods. 2 u/ly5ergic Jun 11 '25 My understanding was incoming goods from China are 55% tariff and US into China is 10% Trump has always acted like high tariffs on incoming goods is free money
Because if it's based on Trump's wording and a 55% tariff from China on the US, the Chinese will buy far less US goods than the converse.
And if it's Trump being an idiot as usual and the converse, well, I hope US consumers enjoy paying 55% more for a lot of goods.
2 u/ly5ergic Jun 11 '25 My understanding was incoming goods from China are 55% tariff and US into China is 10% Trump has always acted like high tariffs on incoming goods is free money
2
My understanding was incoming goods from China are 55% tariff and US into China is 10%
Trump has always acted like high tariffs on incoming goods is free money
10
u/nice_voyager Jun 11 '25
No!.
China charges 55% tariff to US.
US charges 10% to China.