China doubles down. Pull back US-private equity investments. Halt new investments in US PE firms. Withdraw planned commitments. Avoid US-linked deals

Ironman

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I encourage the brehs to read that thread. It's gonna be a HOT summer :unimpressed:


Additionally, I work in an industry that's heavily dependent on products manufactured overseas. Look for sharp increases on goods closer to June and even worse, some products may be harder to obtain:unimpressed:

Long as Cheetos cult understand it's their fault.
 

HabitualChiller

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Biden actually continued Trumps tariff plan from his first term and rode it extremely hard.

He slapped 100% tariffs on BYD effectively blocking China’s most impactful consumer export all to please Elon.


Don’t get caught in partisan politics. They work for the same capitalists.

Biden lobbed it up so Trump could slam dunk it.
In Biden's defense, slapping that tariff on BYD's cars made perfect sense. They sell cars that are on the bleeding edge [technologically] at a fraction of the cost that other brands sell stateside.

BYD alone would've destroyed the American auto industry. Keep in mind, that every other company in America would have had to RAPIDLY upgrade EVERY vehicle in their lineup to at least have similar quality to what BYDs roll out, AND they'd have to slash prices somewhere between 25-75% just to be able to compete.

It's shítty, but it at least made a ton of sense.
 

peppe

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Biden actually continued Trumps tariff plan from his first term and rode it extremely hard.

He slapped 100% tariffs on BYD effectively blocking China’s most impactful consumer export all to please Elon.


Don’t get caught in partisan politics. They work for the same capitalists.

Biden lobbed it up so Trump could slam dunk it.

Nah it's the same in EU, tariffs on electric vehicles are high because it would completely finish the EV market in the EU. You got BYD EV for 10k in china, the minimum price for a EV here in EU is 40k.

It's kinda how US stopped JP cars from entering the US markets. If USA would let BYD enter the US market (without the insane tariffs) tesla would be finished.
 

Kasgoinjail

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Nah it's the same in EU, tariffs on electric vehicles are high because it would completely finish the EV market in the EU. You got BYD EV for 10k in china, the minimum price for a EV here in EU is 40k.

It's kinda how US stopped JP cars from entering the US markets. If USA would let BYD enter the US market (without the insane tariffs) tesla would be finished.

Those Tesla batteries used to be 10k

Once China came in with their own u can get them Tesla shyts for like 4k now 😆
 

Json

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I encourage the brehs to read that thread. It's gonna be a HOT summer :unimpressed:


Additionally, I work in an industry that's heavily dependent on products manufactured overseas. Look for sharp increases on goods closer to June and even worse, some products may be harder to obtain:unimpressed:

If Powell lowered interest rates the products would appear on the magically shelves

:manny:
 

bnew

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There is a Chinese Political Scientist Wang Huning, who studied in America during the Reagan era and predicted America would eventually collapse.



From Wikipedia, the free encyclopedia



AuthorWang Huning
Original title美国反对美国
LanguageMandarin Chinese
GenrePolitics
PublisherShanghai Literature and Art Publishing House
Publication date1991
Publication placeMainland China
Media typePrint

America Against America is a nonfiction book written by Chinese political scientist Wang Huning about his experiences as a visiting scholar in the United States in 1988.

Synopsis​


The book discusses Wang's experiences as a six-months visiting scholar in the United States. The first three months at the University of Iowa, three weeks at the University of California, Berkeley, then visiting about 20 universities within 30 cities.[1][2]

The book talks about the increasing challenges he saw in the U.S., such as inequality, economic conflicts, decaying of social values and commodification.[3] He also praised the strengths of the U.S., such as its modernity,[4] and peaceful transitions of power,[5] and was described by The Economist as "seeing the weaknesses in America's system, but not exaggerating them".[6] In Wang's own words:

My intention with this title is to show that America contains contradictions that cannot be dismissed with a single sentence. In the old days, people had a dogmatic view of American society as merely the "exploitation of surplus value," a "dictatorship of the bourgeoisie," and nothing more. Now there is another extreme, some people imagine the United States as a paradise, rich and without flaw. In fact American society doesn't match either of these descriptions, and often finds itself in fundamental contradiction with them. There are strengths and weaknesses, and wherever strength can be found, weakness can also be found. America is a contradiction, it contains multitudes. This is what I mean by "America Against America."[7]
 

Robbie3000

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Did you not read what was in that article? I'm tired of this baseless "bothsides" babble.

Read the article: most of the tariffs were to keep from having China be the speedbump for American supply lines AND to keep them from too much technological advancement, especially with our tech. Add in raw materials and trying to stimey China's AI push with American materials (hence banning the export of RTX 4090s and other cards from export to China) to maintain a strategic advantage.

The difference between Trump's tariffs and what Biden did is he actually passed laws that were meant to create infrastructure to support said tariffs. The CHIPS act alone was suppose to decouple the US from relying heavily on TSMC and other Taiwanese semiconductors in the case of a war or China putting pressure on Taiwan. "Capitalists" didn't have as much to do with it as national security does. If we can't access certain raw materials and everything we need is controlled by an enemy, we are fukked. PLEASE when you share some shyt, read and contextualize it. What Trump did and is doing is not at all strategic. Biden saw we needed to reduce dependence and put things in place. Trump is selling the car to get gas money. They are not the same.

If I asked you why is China an enemy to begin with or Why is the U.S. trying to prevent one of their biggest trading partners and financiers from making technological advances, you couldn’t answer that question.

Why do western Europeans and their descendants feel the need to dominate other groups of people and even each other instead of looking at how to live in peace?
 

Big Blue

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If I asked you why is China an enemy to begin with or Why is the U.S. trying to prevent one of their biggest trading partners and financiers from making technological advances, you couldn’t answer that question.

Why do western Europeans and their descendants feel the need to dominate other groups of people and even each other instead of looking at how to live in peace?
Man this shyt is too complicated for you. Stick to The booth or something
 

Robbie3000

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In Biden's defense, slapping that tariff on BYD's cars made perfect sense. They sell cars that are on the bleeding edge [technologically] at a fraction of the cost that other brands sell stateside.

BYD alone would've destroyed the American auto industry. Keep in mind, that every other company in America would have had to RAPIDLY upgrade EVERY vehicle in their lineup to at least have similar quality to what BYDs roll out, AND they'd have to slash prices somewhere between 25-75% just to be able to compete.

It's shítty, but it at least made a ton of sense.

Honestly, we shouldn’t have sympathy for Detroit or big oil. (The companies not the workers) They deserve to go bankrupt in all honesty.

They could have done the right thing environmentally and embraced EVs and they would have solidified their futures. Instead they made the most cynical plays possible and allowed China to gain a foothold in an industry that they had zero capabilities just a decade and an half ago.

Auto manufacturers are really a microcosm of the country.
 
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