China now faces 245% Trump tariff
China faces 245% Trump tariff
Just when you think the idiocy couldn't get worse.
Good luck America! It's not a dust bowl this time. It's an orange turd that's gonna ruin you.
This week, China imposed more export controls on rare earths, which include materials used in high-tech products, aerospace manufacturing, and the defense sector.
And then Trump,
executive order signed by President Donald Trump that launched an investigation into the "national security risks posed by U.S. reliance on imported processed critical minerals and their derivative products."
"There is no winner in tariff wars and trade wars, and China does not want to fight, but it is by no means afraid to fight."
They are also selling things direct to consumer on Tiktok, and it's hilarious. They can't name prices or brands... But you can communicate via their WhatsApp they list and buy almost any luxury bag for $100 and Nikes for $10-$15. Laundry pods for a few cents a pod.
They are even giving directions for how to order from manufacturers and avoid tariffs with personal shopping services.
Well shit, anywhere other than tiktok this is being done?
Not that I am aware of, maybe they are also marketing on the English side of Rednote... But I doubt that's preferable lol.
It's just the marketing that's done on Tiktok, they have some websites that look like they were slapped together as fast as possible and WhatsApp and similar ways they conduct the actual orders.
I was, and am still a little bit skeptical. But some of these guys aren't new apparently as they have happy past customers, they just weren't selling stuff like Nike that would normally flow through the contracted distribution chain until recently.
They are also trying to link everyday Americans up with industry specific manufacturing markets. A lot of companies on these have also dropped their min qty thresolds as a way to allow everyday Americans to buy stuff directly, skipping all the middlemen, assuming they meet minimum purchase thresholds for shipping, or have a Chinese shopper.
If you want a list of marketplaces that don't have middlemen, I can compile that. If your trying to get a pair of Nikes or something for cheap I suggest you find one of the sellers on tiktok.
The Foreign Minister of China is tweeting Mao speeches regarding Chinese resistance towards the US, so it's safe to say they likely aren't going to capitulate anytime soon.