toussaintMay 13, 2025
the Hong Kong Post office is still shut down to US trade, it is the office that delivered those de minimis pkgs, so it doesnt really matter what the #tariffs are right now till that changes, you can only get temu's US site stuff #econsky #finsky #ChinaTradeEmbargo #tradewar
Show threadtoussaintMay 12, 2025

If we end up w/ 15% global effective #tariffs rate, how much will GDP fall this year and over the next 4yrs after?

12% #tariffs increase/ 3.6% st deviation= 3.33
3.33 X -0.4% (decline in GDP this yr & each yr for 4 more) = -1.33% GDP this yr

#economy #tradewar #ChinaTradeEmbargo
https://bsky.app/profile/t0ussaint.bsky.social/post/3llkk426bv227

t0ussaint (@t0ussaint.bsky.social)

"...The impact is persistent and increases with the magnitude of the tariff change. Our baseline econometric model suggests that a one standard deviation increase in the tariff rate (corresponding to a 3.6% points) leads to about a 0.4% decline of output 5yrs later." #MAGAnomics [contains quote post or other embedded content]

Bluesky Social
Show threadtoussaintMay 5, 2025
the clock starts now
#ChinaTradeEmbargo
#econsky #finsky #economy #tradewar
https://news4sanantonio.com/news/nation-world/last-cargo-ships-with-chinese-goods-arrive-los-angeles-us-china-trade-tensions-mount-tariffs-politics-economy-jobs-gross-domestic-product
Last cargo ships with Chinese goods arrive in LA as US-China trade tensions mount

President Donald Trump has expressed his desire for a fair deal with China.

toussaintApr 18, 2025
trumps mouth keeps saying a China deal is 3wks away, but his ass is forming a committee to deal w/ the fall out of #ChinaTradeEmbargo
he has essentially put on thier imports. Every article giving 'updates' on trade talks say nothing& no firm meeting schedule #tariffs #tariff #tradewar https://www.cbsnews.com/news/trump-administration-china-tariff-task-force
Trump administration may form task force to handle China tariff impact

The Trump administration is preparing to act quickly if there's no tariff breakthrough with China.

CBS News