China Now Faces 245% Trump Tariff

I will say with US demand gone, aliexpress shipping to CAN has been _expedient_. Placed ordered a couple days ago and got notifcation it was in country this morning. Cancelled Amazon prime earlier this year, and if rest of shipping pattern holds, Ali will be shipping faster from PRC to my door than Amazon free shipping projected next week from domestic warehouse.

Also mutual 100%+ is already borderline trade embargo. PRC moved on to rare earth export control. This is where interesting times intensifies more.

This is really starting to look like Numberwang.

Lots of people going to “win” and have the Numberwang winning amount in their savings if this keeps up.

But it feels like WangerNUMB.

Few days back when tariff was 125% China said..

Beijing indicated on Friday that this would be the last time it matched the U.S., in the event that Trump takes his tariffs any higher.

"Even if the U.S. continues to impose even higher tariffs, it would no longer have any economic significance and would go down as a joke in the history of world economics," the Finance Ministry's statement added.

https://www.reuters.com/world/china/china-increase-tariffs-u...

The actions of a bully who must have the last say.