It’s STILL a huge #TrumpTax 🤦🏻♀️
“American levies on Chinese goods will drop from at least 145% to 30% for an initial period of 90 days, while Chinese levies are set to fall from at least 125% to 10% on American goods.”
https://www.npr.org/2025/05/12/nx-s1-5395027/us-china-tariffs-deal-trade-war-beijing-washington
@GottaLaff
So...if I read this right...
China gets 90 days to adjust their manufacturing to other things, and clears their backlog of orders from the States.
The States still see higher prices, as companies have no idea what is going to happen, so they are going to price at highest possible they have seen.
... this should be interesting.
Laffy
GeoWend
Ted Garrison
Mirishuli