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US Raises Tariffs On China To 245% As Trade War Escalates - Foreign Affairs (4) - Nairaland

Nairaland ForumNairaland GeneralPoliticsForeign AffairsUS Raises Tariffs On China To 245% As Trade War Escalates (20163 Views)

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Re: US Raises Tariffs On China To 245% As Trade War Escalates by Putinofrussia: 5:50pm On Apr 16, 2025
BlocksNG:
Don't know you are so daft, very weak.
Yes sir.
Re: US Raises Tariffs On China To 245% As Trade War Escalates by MattChidi(m): 5:54pm On Apr 16, 2025
I can't wait for it to reach 300% on both divide, lets know who would get tired.
Re: US Raises Tariffs On China To 245% As Trade War Escalates by Nobody: 5:54pm On Apr 16, 2025
Trump is the dumbest president in world history
Re: US Raises Tariffs On China To 245% As Trade War Escalates by richmond500: 5:55pm On Apr 16, 2025
tunapawizzy:
yinmu, the whole of Africa bought $32billion from US in 2024 which was even almost 12% increase over 2023..in the same 2024 the US exported $143billion to China alone
no whine yourself, Africa no follow for the matter
Africa is a dumping ground for other countries, they can't allow USA to monopolize the economy of Africa, it was be an economy war
Re: US Raises Tariffs On China To 245% As Trade War Escalates by jaxxy(m): 6:24pm On Apr 16, 2025
jmoore:
Trump on a mission to destroy USA.
On the contrary he is saving USA for Chinese infiltration unlike Africa that China has render redundant and they are happy about it.
Re: US Raises Tariffs On China To 245% As Trade War Escalates by grandstar(m):
Trump frankly speaking should be taken to court by business.

He is obviously using tariffs as an economic tool and not as a tool to deal with enemy nations.

Musk, is the one dumber than a sack of bricks. He spent $44bn and a further $250m to elect a notorious protectionist whose proposed policies would destroy his businesses? Was he blown away with the opportunity of electing the next president and his work in slimming down the government that he became a slowpoke? He even had the temerity to look down at the then prime minister of Canada, Justin Trudeau, forgetting that Canada was the second largest market for Starlink.

Jeff Bezos too was dumb. Didn't he know what Trump's proposed 65% tariffs on Chinese imports would do to Amazon? Yet, he stuck to Trump, not wanting to hurt a megalomaniac.

Corporate America stood by Trump despite knowing that Trump's proposed tariffs and mass deportations would ruin their businesses. Farmers voted for someone determined to do away with their workforce by deporting. Now, they have no one to harvest their crops, because these illegal migrants won't show up for work, fearful they may get deported.


No sense anywhere.
Re: US Raises Tariffs On China To 245% As Trade War Escalates by grandstar(m): 6:45pm On Apr 16, 2025
TemplarLandry:
cool Very good.
Them Chinkos must have thought it was still Slow Joe in power.
You're laughing at your suffering.

If the Chinese economy suffers, oil demand will go down. It as already gone down and oil prices has dropped to $60 per barrel due to Trump's tariffs. With less dollar inflow, the Naira is going to lose value.

Chinese reciprocal tariffs and ban of the purchase of Boeing jets has hit Trump hard. I am certain that states where Boeing jets are being made have been bitter with Trump

It may drop as low as $1-2,000.

Wetin slow Joe do? He left a strong economy. Inflation had fallen below 3%. The economy grew by 2.9% or so. Unemployment was 4% which basically means full employment in the US.

He didn't start dumb trade wars that have led to tanking stock markets.
Re: US Raises Tariffs On China To 245% As Trade War Escalates by tunapawizzy: 7:00pm On Apr 16, 2025
Watcharena:
while Africa important 173b Dollars worth of goods from China under the same period.

The trade between China and Africa in 2023 was about 289 billion dollars
this is still not up to half of what US alone imported from China in 2024(nearly $440billion). Africa does not speak with one voice economically, so it will not be wise for China to think they have the whole of African market because they have a good bilateral trade agreement with some African leaders. Wanting to use over 50 countries(with very low purchasing power) to replace 1 rich country that lives by consumerism and materialism is not it.

China have a trade surplus of $295bn over US compared to trade surplus of $61bn over Africa. This is not something they will find easy to overcome. We know they can produce, but can Africa afford to buy, meanwhile lots of African countries collecting stipend, subsidized medication and aides from US will not really tilt their trade allegiance to China
Re: US Raises Tariffs On China To 245% As Trade War Escalates by kennethesan(m): 7:02pm On Apr 16, 2025
This is nothing but madness
Re: US Raises Tariffs On China To 245% As Trade War Escalates by baralatie(m): 7:02pm On Apr 16, 2025
Father4all:
They will soon fight physical war grin
🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣
When Dem no fit continu fah
Re: US Raises Tariffs On China To 245% As Trade War Escalates by baralatie(m): 7:03pm On Apr 16, 2025
kennethesan:
This is nothing but madness
How is it madness✍️✍️
Re: US Raises Tariffs On China To 245% As Trade War Escalates by tunapawizzy: 7:07pm On Apr 16, 2025
richmond500:
Africa is a dumping ground for other countries, they can't allow USA to monopolize the economy of Africa, it was be an economy war
truth be told there is no consuming market in Africa. The things Africa have is natural resources and potential workforce....and this is potential threat to China/not US, if Africa is ready.
Re: US Raises Tariffs On China To 245% As Trade War Escalates by orisa37: 7:12pm On Apr 16, 2025
VERY GOOD.
MUTUAL CONSIDERATION IS ALWAYS REGUIRED FOR
DEMAND AND SUPPLY AND
ACCEPTANCE AND OFFER IN ALL SITUATIONS WHEREVER.
YOU DON'T CARRY PRODUCTS OF WHATEVER TYPE FROM BEIJING TO WASHINGTON TO DUMP WITHOUT CONSIDERATION.
CONSIDERATION IS THE RESPONSIBILITY FOR
MOVEMENT, SUPPLY AND OFFER AND ALSO
THE RESPONSIBILITY FOR OUR INTERACTIONS, DEMAND AND ACCEPTANCE.

IT IS WRONG TO SUPPLY "COVID-19" TO UK AND TO U.S TO DISTABILIZE THEIR LIVES AS RECKLESSLY AS IT HAS BEEN DONE.
MAY GOD FORGIVE CHINA FOR IT DOESN'T KNOW WHAT IT HAS DONE.
Re: US Raises Tariffs On China To 245% As Trade War Escalates by Burgerlomo: 7:41pm On Apr 16, 2025
tiswell:
God bless America
Amen 🙏
Re: US Raises Tariffs On China To 245% As Trade War Escalates by SeeAllen: 7:45pm On Apr 16, 2025
LordBiden:
Joe would have handled this better like an adult,everything shouldn't be gragra.

Both sides have alot to lose.
Biden was a clueless president
Re: US Raises Tariffs On China To 245% As Trade War Escalates by Watcharena: 7:52pm On Apr 16, 2025
tunapawizzy:
this is still not up to half of what US alone imported from China in 2024(nearly $440billion). Africa does not speak with one voice economically, so it will not be wise for China to think they have the whole of African market because they have a good bilateral trade agreement with some African leaders. Wanting to use over 50 countries(with very low purchasing power) to replace 1 rich country that lives by consumerism and materialism is not it.

China have a trade surplus of $295bn over US compared to trade surplus of $61bn over Africa. This is not something they will find easy to overcome. We know they can produce, but can Africa afford to buy, meanwhile lots of African countries collecting stipend, subsidized medication and aides from US will not really tilt their trade allegiance to China
tilting allegiance to china is not optional to Africa, Africans can't afford American products even when they were made in china talk more of now that they will be made in US
Re: US Raises Tariffs On China To 245% As Trade War Escalates by ElSudani: 8:04pm On Apr 16, 2025
That means no trading between the two countries.
Re: US Raises Tariffs On China To 245% As Trade War Escalates by tunapawizzy:
Watcharena:
tilting allegiance to china is not optional to Africa, Africans can't afford American products even when they were made in china talk more of now that they will be made in US
The whole of Africa, over 50 countries bought $34 billion thereabout from US last year, if this dries up, i dont think US will flinch. secondly, the aid that US gave Africa in 2024 is $41billion.
Another thing US is home to many Africans that contribute so much to remitances to Africa, African countries cant afford to have that dry up.
Re: US Raises Tariffs On China To 245% As Trade War Escalates by sisisioge: 8:39pm On Apr 16, 2025
grin grin grin grin grin grin grin grin grin

I just pity the people whose livelihood depends on this interrelated trades o grin grin grin

Oya China, over to you wink
Re: US Raises Tariffs On China To 245% As Trade War Escalates by Vision101(m): 9:04pm On Apr 16, 2025
Berankis:
If these confrontations can happen between 2 well-to-do countries like US and China. What is the fate of Nigeria who rely on other countries for 80% of it's consumption? It is high time we started pushing self-sustenance too and started to prepared for days as these that may come in future.
The US still feels it's all about them and believe China is far lesser than them but China has in fact grown so much in recent times. It will be a no-winner, no-vanquished fight. China saw it coming and started preparing ahead for it and today we are here....
Any attempt to produce and reduce importation which usually comes with temporary hardship is resisted by our people. We have gotten used to easy life. Just import and sell. Subsidize the exchange rate so that imports will be cheap. We forget that a day like this may come.
Re: US Raises Tariffs On China To 245% As Trade War Escalates by biggie73(m): 9:06pm On Apr 16, 2025
Trump should let China’s sleeping lion sleeps peacefully. Don didn’t know that God made the earth, while China made everything underneath the sun.
Re: US Raises Tariffs On China To 245% As Trade War Escalates by Mccollins042(m): 9:09pm On Apr 16, 2025
D1official:
America's economy is still over 6 trillion dollars bigger than China's,not to make mention that they have about 25% of Chinese population and are also the largest consumers of Chinese product.

China has far more to lose.
China just lost 500b USD of annual trade, there is no way this isn't gonna cripple their economy.
The only leverage xi has is that china is a communist nation and their will hardly be an uproar from the suffering population but America has free speech and ppl will certainly protest. If not in any trade war, the consumer has the cards
Re: US Raises Tariffs On China To 245% As Trade War Escalates by Gerrard59(m): 9:11pm On Apr 16, 2025
grandstar:
Trump frankly speaking should be taken to court by business.

Hhe second largest market for Starlink.

Jeff Bezos too was dumb. Didn't he know what Trump's proposed 65% tariffs on Chinese imports would do to Amazon? Yet, he stuck to Trump, not wanting to hurt a megalomaniac.

Corporate America stood by Trump despite knowing that Trump's proposed tariffs and mass deportations would ruin their businesses. Farmers voted for someone determined to do away with their workforce by deporting. Now, they have no one to harvest their crops, because these illegal migrants won't show up for work, fearful they may get deported. them
No sense anywhere.
That is because corporate America wants to see China fail or be destroyed. Corporate China has been eating into Corporate America's profits and country source of revenue. The same in Europe.

The West wants to see China fail, and they believe Trump can do the work regardless of his antics. So they put up with him.
Re: US Raises Tariffs On China To 245% As Trade War Escalates by Gerrard59(m): 9:13pm On Apr 16, 2025
Mccollins042:
China just lost 500b USD of annual trade, there is no way this isn't gonna cripple their economy.
The only leverage xi has is that china is a communist nation and their will hardly be an uproar from the suffering population but America has free speech and ppl will certainly protest. If not in any trade war, the consumer has the cards
Trade with the US is about 15% of the economy - both import and export. The Chinese have built alternative sources over the past five years. Export to the US is less than 3% of China's total GDP. The Chinese have vowed to fight on. This is not Canada, and this is not the first time Chinese entities have been attacked by the US, yet they bounced back. See SMIC and Huawei.
Re: US Raises Tariffs On China To 245% As Trade War Escalates by Gerrard59(m): 9:15pm On Apr 16, 2025
tunapawizzy:
The whole of Africa, over 50 countries bought $34 billion thereabout from US last year, if this dries up, i dont think US will flinch. secondly, the aide that US gave Africa in 2024 is $41billion.
Another thing US is home to many Africans that contribute so much to remitances to Africa, African countries cant afford to have that dry up.
China trades with MORE countries than the US does. That is the difference. Africa cannot afford Made-In-USA products, and even the ones which come as aid sef, Trump has cancelled USAID. The remittances sent by Africans in the US have nothing to do with African countries trading with China or anyone else.
Re: US Raises Tariffs On China To 245% As Trade War Escalates by eventainment(m): 9:35pm On Apr 16, 2025
USA does not have the capacity of being self reliant for now as most of its companies had seized the cheap labour and production cost that Asia gives. They can't fight China. China has a more global market than USA
Re: US Raises Tariffs On China To 245% As Trade War Escalates by eventainment(m): 9:39pm On Apr 16, 2025
grandstar:
You're laughing at your suffering.

If the Chinese economy suffers, oil demand will go down. It as already gone down and oil prices has dropped to $60 per barrel due to Trump's tariffs. With less dollar inflow, the Naira is going to lose value.

Chinese reciprocal tariffs and ban of the purchase of Boeing jets has hit Trump hard. I am certain that states where Boeing jets are being made have been bitter with Trump

It may drop as low as $1-2,000.

Wetin slow Joe do? He left a strong economy. Inflation had fallen below 3%. The economy grew by 2.9% or so. Unemployment was 4% which basically means full employment in the US.

He didn't start dumb trade wars that have led to tanking stock markets.
But he incited physical wars. Trump like wars that doent involve the lost of human lives .
Re: US Raises Tariffs On China To 245% As Trade War Escalates by rajiedreez: 9:40pm On Apr 16, 2025
Trump's just showing how he went bankrupt 3 times in business. Very irrational and undiplomatic negotiator.
Re: US Raises Tariffs On China To 245% As Trade War Escalates by tunapawizzy: 10:18pm On Apr 16, 2025
Gerrard59:
China trades with MORE countries than the US does. That is the difference. Africa cannot afford Made-In-USA products, and even the ones which come as aid sef, Trump has cancelled USAID. The remittances sent by Africans in the US have nothing to do with African countries trading with China or anyone else.
We may be saying the same thing. My point is that US will not fidget about the possibility of losing African market in terms of trade-. I know China will not crumble too because of just US market.
You have a point about remittances.
Re: US Raises Tariffs On China To 245% As Trade War Escalates by Mccollins042(m): 10:22pm On Apr 16, 2025
Gerrard59:
Trade with the US is about 15% of the economy - both import and export. The Chinese have built alternative sources over the past five years. Export to the US is less than 3% of China's total GDP. The Chinese have vowed to fight on. This is not Canada, and this is not the first time Chinese entities have been attacked by the US, yet they bounced back. See SMIC and Huawei.
Do you know what's 3% of GDP of annual trade? I don't think you know.
Do you know what it means to lose 15% of your trade?
Hope you know that Vietnam and Cambodia they normally use as proxy countries have been tariffed over 30% each? China is in a very tight condition now, like I said, Xi's only leverage is because china is not a democracy otherwise he would be kicked out
Re: US Raises Tariffs On China To 245% As Trade War Escalates by Tolu2024(m): 10:24pm On Apr 16, 2025
smokinloud:
His friends ( Americans tech companies in China like apple) are coming back to the United States. They can't do that in moments, they need time and they've agreed to move to the United States in the space of 5 years.
You know that is not possible in less than 4 years Trump will leave office . If Apple move back to USA they will fall. Only the elite will afford to buy Apple products.
Re: US Raises Tariffs On China To 245% As Trade War Escalates by tunapawizzy: 10:28pm On Apr 16, 2025
Mccollins042:
China just lost 500b USD of annual trade, there is no way this isn't gonna cripple their economy.
The only leverage xi has is that china is a communist nation and their will hardly be an uproar from the suffering population but America has free speech and ppl will certainly protest. If not in any trade war, the consumer has the cards
Cripple is an exaggeration. It will have significant effect. But a nation that built success with hardwork, grit and perseverance will not crumble/cripple because of $436bn market loss. Mind you, even at over 200% tariff, a significant portion of the goods from China that enters US will still be attractive to final consumer when you take away the crazy markup wholesalers put on goods. And that's what the Chinese manufacturers are doing now, creating a direct channel to final consumers
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