That article mentions it - but that is a long-term trend for China. “Producer prices have fallen for 29 consecutive months”. Demand globally has lowered currently relative to their supply for a host of reasons.![]()
China's economy on cusp of a deflationary death spiral - Asia Times
China is sliding deeper into economic weakness that is being worsened by its response to external shocks. Tariffs are drying up international demandasiatimes.com
If this is trying to link this to US tariffs alone, only 14.7% of chinas exports go to the US, although Tariffs are no doubt having a significant lose-lose effect on both the US and China. That said, despite high Chinese tariffs, plenty of manufacturers are able to bypass it (in favour of lower tariff rates) by simply exporting to neighbouring countries first, before then shipping goods to the US. In terms of negative consequences, US import $430 billion from China, and export $140 billion.
Up until recent postings Id never considered that you may actually favour tariffs, is that the case? If so, then at least in the interests of hearing both sides:
1. What is your understanding of how they work?
2. Do you believe small-medium US businesses are capable of absorbing the tariff? If so, how?
3. Somewhat recently Amazon started showing the (substantial) “tariff tax” fees to US buyers. Trump took offence to the transparency and after his response, Amazon pulled back. Now the tariff-related fees are no longer explicitly shown. In your opinion, for what reason did Trump not want Amazon to be transparent about Tariffs?