Do they want to deal? Or do they want to negotiate?
There is a difference.
Cheers
Qazulight.
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Or do they want to extract?
Steve
Speaking of extraction, here is the statement his press secretary gave today.
āThe ball is in Chinaās court. China needs to make a deal with us. We donāt have to make a deal with them. Thereās no difference between China and any other country, except they are much larger, and China wants what we have ā what every country wants ā what we have, the American consumer,ā Leavitt said, reading from Trumpās prepared statement. āOr, put another way, they need our money.ā
Beside that bit, this article touches on another thing: the conditions that TIG will demand from other Asian countries in ānegotiationsā, essentially, that anyone that wants to trade with the US, must refuse to trade with China. The Beeb was talking about this tonight. Xi has been to 'Nam, then Malaysia, and then he heads to Cambodia. There is a non-zero chance that those other countries will tell TIG to take a flying leap, and draw closer to China.
As the two countries face off in a bitter trade war, the administrationās current theory of the case, which has been circulating among Trump allies and was confirmed by a White House official, is that tariff deals with Asian countries, as well as the dozens of others across the globe seeking to negotiate with the U.S., will isolate China, disrupt the Chinese supply chain and threaten to cut the country off from the rest of the world.
Steve
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We are told last time around China responded to US tariffs by shipping through Viet Nam. Part of deal negotiations is block reshipping, rebranding paths from China to the US. Items made in China for sale to the Viet Namese might be excluded.
The US is a major market for many exporting countries. Walking away from the US market might be painful for many.
Better to make a deal if you can find acceptable terms.
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That is what the administration is expecting to happen. As the article linked above says, the administration thinks the US market is so compelling that exporters with do anything, ANYTHING, for access.
As the article above also says, the plan is to force countries like 'Nam to make a choice between trading with China, and trading with the US. The idea being to create a de facto embargo of trade with China, to make China so desperate, it will come crawling to the US, willing to do anything, ANYTHING, to relive the embargo..
Steve
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China is trying to get Americans to buy directly from them. So If I buy directly from China. The manufacture ships it directly to my door. Who is going to know or even care. Especially if it is for personal use. Can China get around it this way?
I wouldnāt trust the penguins ā¦
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I have seen headlines on the wire claiming Chinese vendors are claiming they can do that. Are they going to set up their own delivery system, delivering to peopleās doorstep, to bypass the Post Office? And that wonāt attract the attention of the āDept of External Revenueā? Doesnāt pass the smell test. At the very least, if they can get a package in your hands, there will be a ERS agent right behind their delivery van to put the bite on you for the duty.
Steve
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No. Well, you wonāt be able to in two weeks:
The loophole, known as the de minimis exemption, currently applies to goods worth less than $800. Such goods are allowed to enter the United States tariff free. Mr. Trumpās order, which takes effect on May 2, removes the exemption from packages from China, the largest source of de minimis shipments, and Hong Kong. Items bought and shipped this way also require far less customs paperwork.
ā¦unless someone changes their mind again.
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Much shipped directly from China as from Temu was under the $800 exemption. But that now is ended. So expect to begin paying. And expect major delays getting stuff through customs.
Alot of it is already sitting in warehouses in the United States.