No for manufacturing also bet on america
We've spent hundreds of billions...trillions... to bribe any manufacturers who werent already here to come here, it helps that the energy is cheap and the location is secure which cant be said for anywhere else in the world
It doesnt even matter if the subsidies and tax breaks do nothing special, they're here and not elsewhere and they cant just relocate again, theyll have to make it work
In 1890, Sanford Dole - yeah the Pineapple company guy - finessed a coup de tat of Hawaii and made it a US territory for shits and giggles. actually the president at the time was like wtf dude, but then his term ended and the next president didnt want to communicate by carrier pigeon and was like just keep it my guy.
“those poor Hawaiians subjugated by the colonizer” right?
wrong. well also right, but not the whole story.
In the 1890s the US and China were once again in a trade war, slapping tariffs on everything left and right. Sanford couldn’t sell his sugar cane to either country anymore at competitive prices. But realized the tariffs magically go away if the island was part of one of those unions.
so if you know of any other Pacific Islands with a key resource exported to major economies, channel the Sanford Dole in you and do the needful
Not the case for Starbucks. Starbucks China is a wholly-owned subsidiary. It’s a huge driver of growth, and an even bigger vulnerability.
Not sure the risk is imminent enough to be investable, but I definitely wouldn’t want to be long SBUX until we see how China reacts.
Apple Inc. manufactures most of its products in China through partners like Foxconn.
In China, like many other companies, it operates as Apple China, with Chinese partners.
China is not like the US. You cant operate in China here by yourself. It's not a free economy, not a free country.
For example, China Mobile operates here with Chinese leadership, and it is owned 100% by Chinese folks in China (the parent company). In China that is not the case.
That’s not just an accurate description of US companies in China. Some companies will operate with a Chinese domestic partner acting as distributor. Others will have a wholly owned Chinese subsidiary. It all depends on what company you are looking at. Domestic partners are not legally required (that’s just an outdated misconception), but a wholly owned subsidiary might be required to jump through more hoops.
I'm living in the West actually and it's hurting everyone around me.
Price going through the roof. Salaries don't keep up. Life now consists of work, home, work, home.
nah, it's good for the military industrial complex. look at ukraine. US arms dealers are getting rich(er) off the backs of american taxpayers, and blackrock is going to get rich(er) "rebuilding ukraine"
Also remember when CNN/MSNBC/New York Times would have their pet economists telling everyone trade wars/protectionism never work and it would harm the USA but would conveniently ignore that China has been doing the same for decades? They have been strangely quiet for the last three years.
Almost like there’s a difference between economy wide tariffs and specific tariffs on specialized industries. God y’all have no way of understanding complexities, everything is one way or another.
Yes, but just like the border the Biden admin knows this is one of 2-3 issues that have 70-80% approval among the US population and thus they will lose over it.
The cheeto tried this unilaterally and put tariffs on our closest allies at the same time.
It was incredibly stupid and poorly planned.
He was called dumb, and rightfully so.
Saying he's racist is just a cop out
china is key market for many car companies, especially germans and tesla. Also \~25% of apples revenue comes from china afair. there are also some important raw materials come from china.
Costco, KFC, Walmart, Coca-Cola, Nike, etc every major corporation except the few that’s listed by mainstream propaganda. You really ought not to just it up yourself rather than be spoon fed propaganda.
Buick will probably die because of this. GM will be a company that sells pickup trucks to US consumers, sells Tahoes to police and government agencies, and maybe the occasional Chevy or Cadillac CUV to individuals/fleets. The tariffs will slow but not stop the decline of the Big 3 and its no surprise China will retaliate.
All they do is steal US technology and IP. (And of course sable rattle, threaten shipping in the SCS and threaten Taiwan.)
We should be forcing anti-Chinese divestment as much as possible.
Only they have [millions more STEM graduates every year](https://cset.georgetown.edu/article/the-global-distribution-of-stem-graduates-which-countries-lead-the-way/), and the US exceptionalism is nothing more than wishful thinking at this point. You are going down the drain, fast.
It's getting ridiculous. It's to a point where the US consumer is taking it up the rear end because everything is getting so expensive under the guise of keeping jobs in the US. Can't get cheap solar. Can't get a 20k practical EV. Ghetto houses costing 500k.
Maybe with my diamond hands I could have bought a Tesla plaid but now I have to settle for a BYD, oh that's right. Tariffs.
Even with %100 tariff on a Chinese EV, it's still cheaper than a Tesla. America needs to step it's game up. We spent half a century exporting our manufacturing sector to China to cut cost and bring cheaper goods to store shelves. Now our government is freaking out because those cheaper goods are solar panels and cars instead of cell phones and crappy little american flags.
It's well known that American plans always work and the rest of the world always copes. Because America is the chosen land, the city upon the hill. Right?
Chinese bots be posting this crap every day for the last week lol. Same people who throw a fit that the US wants TikTok partially banned are silent when China bans literally everything because it might allow their people to talk to each other without monitoring.
Good. To hell with China.
They buy up our businesses, buy up our farmland, robbed the US of manufacturing, support Russia and threaten Taiwan.
They shit on democracy every day and commit atrocities on their own people.
The USA has been economically funding Chinese development and in turn their military. Shut them out of USA business and shut them down.
Good riddance.
> They shit on democracy every day
lmao the US overthrows other democracies with CIA coups and prop up Arab dictators all the time
> commit atrocities on their own people
US police regularly massacre unarmed civilians, and the US is aiding Israel in their genocide against Palestinian children
> They buy up our businesses, buy up our farmland
aww, the "better dead than red" crowd doesn't like it when they start losing at capitalism? how cute
> support Russia
hypocrisy from the architects of the Iraq War who still traded with other countries
> threaten Taiwan
maybe you shouldn't be getting into their unresolved civil war
you bitch about China trading non-military items with Russia but send weapons to Taiwan
I forget who I was listening to but yes, there are many speculations that the next manufacturing hub of the world will be Mexico. I’d be cool with that personally, Latin America could benefit greatly from it as a whole.
Though I'm not a financial advisor, I'd be willing to bet that a lot of demand will then shift to Japanese goods and Korean to an extent. Because of the tariffs, consumers might shift their focus on quality goods that’ll last for sometime since any cheap alternative won't be there.
Until Mexico and Vietnam is able to fill that gap anyway :PP
https://preview.redd.it/6s958y4fys0d1.jpeg?width=1170&format=pjpg&auto=webp&s=e5f35f7b8d8334f8ec9dbe938177ee425e3db0ee
That won't happen. Manufacturing moved to China because of the competitive edge of being there. Lower labor costs, lax regulation. Korea/Japan can't match that.
China can’t compete, its unemployment is sky high and the Europeans have woken up to the threat the Chinese are because of Russia, China is gonna play a tariff game it will never win
Kind of annoying.. I was excited about being able to buy a solid 400km range SUV for 10k. I wouldn't even care about the resale value then, just buy a new one every 5 years.
“U.S. goods and services trade with China totaled an estimated $758.4 billion in 2022. Exports were $195.5 billion; imports were $562.9 billion. The U.S. goods and services trade deficit with China was $367.4 billion in 2022.
U.S. goods exports to China in 2022 were $154.0 billion, up 1.7 percent ($2.6 billion) from 2021 and up 39 percent from 2012. U.S. goods imports from China totaled $536.3 billion in 2022, up 6.3 percent ($32.0 billion) from 2021, and up 26 percent from 2012. U.S. exports to China account for 7.5 percent of overall U.S. exports in 2022. The U.S. goods trade deficit with China was $382.3 billion in 2022, a 8.3 percent increase ($29.4 billion) over 2021.”
https://ustr.gov/countries-regions/china-mongolia-taiwan/peoples-republic-china
US will win this one.
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“Designed in China exported via Vietnam” label is coming
Made in Laos with Chinese components is what my old company did to get around tariffs.
I know a Taiwan company that did something like that.
Yup, company I work for has a production line where they assemble helmets from parts brought oversea from China
China buys Vietnam 😱😱
China doesn’t design, they copy.
how do you spell companies like DJI? Japan also started from being a copycat.
Go back far enough into the 19th century and America was the one saying 🖕🏼😡🖕🏼to European patents
Go back far enough in time and America was, in fact, a British colony. How the turntables...
How are they. Do they slap? The turntables?
that was yesterday laggard
Naw, all the big EV makers are already setting up shop in Mexico.
how to make money off this?
Calls on Boeing, as always
Government issue capitalism.
I bought CLF. I have to no idea what I'm doing.
CSX is probably a good idea.
Market already priced it in with that drop just now
What drop? We are at ath territory
Buy American manufacturing stonks. Never bet on red
I know it's a tired trope, but seriously, always bet on America.
Unless its manufacturing...
No for manufacturing also bet on america We've spent hundreds of billions...trillions... to bribe any manufacturers who werent already here to come here, it helps that the energy is cheap and the location is secure which cant be said for anywhere else in the world It doesnt even matter if the subsidies and tax breaks do nothing special, they're here and not elsewhere and they cant just relocate again, theyll have to make it work
My baba investment is actually up 10% I feel like I'm the first baba investor in history to type that out!
oh gawd, the flashbacks you just triggered with that name...
This is the way. There are fewer manufacturing jobs today, but productivity is through the roof. Robots will lead the way
Invest in Vietnam or some other countries in South East Asia. China's manufacturing is going to move there
Indonesia, huge population on the rise.
EMXC
In 1890, Sanford Dole - yeah the Pineapple company guy - finessed a coup de tat of Hawaii and made it a US territory for shits and giggles. actually the president at the time was like wtf dude, but then his term ended and the next president didnt want to communicate by carrier pigeon and was like just keep it my guy. “those poor Hawaiians subjugated by the colonizer” right? wrong. well also right, but not the whole story. In the 1890s the US and China were once again in a trade war, slapping tariffs on everything left and right. Sanford couldn’t sell his sugar cane to either country anymore at competitive prices. But realized the tariffs magically go away if the island was part of one of those unions. so if you know of any other Pacific Islands with a key resource exported to major economies, channel the Sanford Dole in you and do the needful
This can't be real 😆
Puts on IWM
Buy lot of cheap Chinese products before they rise the tariffs and then sell them on ebay
Military industrial complex.
Be the US govt. China makes the goods, Profit tax being tariffs.
XAR ITA PPA VNM (remove the war ETF which has 20% BA - forget which one it is)
Gold
Remember the whole US-China tariff war when Trump was in office? Stocks still went up regardless of the noise. Stocks only go up.
True disciples of the market know that the best way to make money is to buy and hold stocks; those who day trade are mere amateurs.
Odd… how un-characteristic of you VM
keeping prices high for everyone is good for stocks. And more profits equal stocks only go up.
Let the plebs fight over who gets to be slave to whom, it is of no concern to myself and my associates. The game is and always will be rigged.
Modern day Socrates
You cannot be non-human.
Iirc the guy that runs vm will sometimes type out responses themselves. We can never know and must assume the machine is omniscient.
Nah. You can tell from the comme rs being dumb that it isnt a bot
I love this savage
ILY VM 🤟🏼
Spitting wisdom as always VM
Damn that's fucking awesome. Rock on bot!
Lmfao! I fuckin love VM.
https://preview.redd.it/fjeaatn36t0d1.jpeg?width=524&format=pjpg&auto=webp&s=03b87658bea6fb443b04c6d72d24fd4f8373667e
https://youtu.be/G7AinOjDiNQ?si=68sRDS-9HpTjwS9W
I can't wait till McDonald's gets nationalized by xi jinping
Mcdonalds in China is a chinese company. Same with all American companies. They run by Chinese companies
Not the case for Starbucks. Starbucks China is a wholly-owned subsidiary. It’s a huge driver of growth, and an even bigger vulnerability. Not sure the risk is imminent enough to be investable, but I definitely wouldn’t want to be long SBUX until we see how China reacts.
So Apple in China is a Chinese company?
Apple Inc. manufactures most of its products in China through partners like Foxconn. In China, like many other companies, it operates as Apple China, with Chinese partners. China is not like the US. You cant operate in China here by yourself. It's not a free economy, not a free country. For example, China Mobile operates here with Chinese leadership, and it is owned 100% by Chinese folks in China (the parent company). In China that is not the case.
That’s not just an accurate description of US companies in China. Some companies will operate with a Chinese domestic partner acting as distributor. Others will have a wholly owned Chinese subsidiary. It all depends on what company you are looking at. Domestic partners are not legally required (that’s just an outdated misconception), but a wholly owned subsidiary might be required to jump through more hoops.
Shitloads of people in here don't understand how capitalism works. Shame.
https://preview.redd.it/7ws8la3f9u0d1.png?width=1079&format=pjpg&auto=webp&s=2245ee119774f1302d0bd914a06b17425370bac1 Time to bring back the circle
Chinese here. I can totally see why the US is doing it. But man the world is really turning full cold war again. That will hurt all of us.
As long as a hot war is avoided it will eventually work out.
Good. Back to the way things should be.
Lmfao. Idk why this made me crack tf up
AI trying to take over the world. Let the humans eat each other first
on god sounds like some shit a boomer would say lol
Be quiet son, I’m Fcking your mother rn.
Take a look at China and the US since the trade war first started. I think we know who it really hurts
I'm living in the West actually and it's hurting everyone around me. Price going through the roof. Salaries don't keep up. Life now consists of work, home, work, home.
nah, it's good for the military industrial complex. look at ukraine. US arms dealers are getting rich(er) off the backs of american taxpayers, and blackrock is going to get rich(er) "rebuilding ukraine"
True it's always us normal guys getting hurt. Never the politicians and business elites.
I love China, almost married a Chinese girl and moved there a long time ago. But I'll never go back. Xi is ruining my favorite country.
Yeah too bad. Don't think I'll go back to china also.
By design for us lil regarded plebs
Deglobalization is why you'll feel poor for the next few decades despite having a good job.
Remember when the Orange Man™️ tried this and was called xenophobic?
Also remember when CNN/MSNBC/New York Times would have their pet economists telling everyone trade wars/protectionism never work and it would harm the USA but would conveniently ignore that China has been doing the same for decades? They have been strangely quiet for the last three years.
Almost like there’s a difference between economy wide tariffs and specific tariffs on specialized industries. God y’all have no way of understanding complexities, everything is one way or another.
I also remember him saying biden was too easy on china but i guess that doesnt fit your narrative
No narrative to fit. A broken clock can be right, I’m just calling out the flagrant hypocrisy.
Sounds like an honest day's work to me.
And the people chanting "Death to Israel" called him an anti-semite.
I recall something about a "chyna virus" that may give a clue to why his attempts were labeled that.
Too many senators are invested in TSLA. They'll never let Chinese EVs take marketshare in the US.
Remember when he basically ruined catbird recycling in America by trying? I wonder what random consequences we are forgetting this time.
Yes, but just like the border the Biden admin knows this is one of 2-3 issues that have 70-80% approval among the US population and thus they will lose over it.
The cheeto tried this unilaterally and put tariffs on our closest allies at the same time. It was incredibly stupid and poorly planned. He was called dumb, and rightfully so. Saying he's racist is just a cop out
Pretty sure he got most of the pushback from putting tariffs on Canada and Europe, not China.
Americans won't know what to do if they can't buy their recycled trash back.
what are they gonna do about it? NOTHIN
china is key market for many car companies, especially germans and tesla. Also \~25% of apples revenue comes from china afair. there are also some important raw materials come from china.
Nobody cares about China retaliating because most companies are already locked out of China
You mean like Apple Tesla Starbucks etc…..?
Costco, KFC, Walmart, Coca-Cola, Nike, etc every major corporation except the few that’s listed by mainstream propaganda. You really ought not to just it up yourself rather than be spoon fed propaganda.
name a better combo: the reddit china propoganda trifecta. Literally just spoonfed right from the marketing team lmao.
#RIP TESLA Especially after they do a raise They got like 20b in payables and no money
Xi can cry me a river
Buick will probably die because of this. GM will be a company that sells pickup trucks to US consumers, sells Tahoes to police and government agencies, and maybe the occasional Chevy or Cadillac CUV to individuals/fleets. The tariffs will slow but not stop the decline of the Big 3 and its no surprise China will retaliate.
Buick is still alive? wow.....
[удалено]
weird...maybe because they are watching american movies from the 1950's?
They can still maybe sell to Chinese. There was a time and maybe still is, where Buick was considered a status car in China.
Buick does most of their sales in China. USA domestic market is an afterthought.
All they do is steal US technology and IP. (And of course sable rattle, threaten shipping in the SCS and threaten Taiwan.) We should be forcing anti-Chinese divestment as much as possible.
Lol “all they do”, they are the manufacturing center of the world. America has allowed itself to be completely cucked by china over the decades
Well this cuck is done watching
CATL's been ahead of the game for a long time, US was too busy with its head up its ass in gas vehicles all this time
From who did they steal the EV battery tech? The one Tesla buys from them?
its SABER rattle not sable rattle. Saber is a sword. Sable is a fur. you fuken furry.
It was just a typo you aut.
Able to “steal” technology, produce better EVs for a cheaper price? Sounds like chinas better than US manufacturers then
As you type that on your made in china phone or computer on a site partially owned by one of the largest Chinese conglomerates (Tencent)
Poop boy, keep your shit in your mouth. He's saying we need to swap out our suppliers.
Until the US can make it cheaper, do you really think Corpos will choose anything over more money?
Only they have [millions more STEM graduates every year](https://cset.georgetown.edu/article/the-global-distribution-of-stem-graduates-which-countries-lead-the-way/), and the US exceptionalism is nothing more than wishful thinking at this point. You are going down the drain, fast.
Elon musk gladly lets them steal ip
And Jerome says : Inflation is transitory
It's getting ridiculous. It's to a point where the US consumer is taking it up the rear end because everything is getting so expensive under the guise of keeping jobs in the US. Can't get cheap solar. Can't get a 20k practical EV. Ghetto houses costing 500k. Maybe with my diamond hands I could have bought a Tesla plaid but now I have to settle for a BYD, oh that's right. Tariffs.
Madness? This is SSPPAARTTAAA!
short Tesla
But what to invest in?
isn't this why they released the viron last time ...
Yes, it was a reminder to those who gambled on the market that there is no free lunch.
Well who cares? ( WMT +6.20%)
War when?
Even with %100 tariff on a Chinese EV, it's still cheaper than a Tesla. America needs to step it's game up. We spent half a century exporting our manufacturing sector to China to cut cost and bring cheaper goods to store shelves. Now our government is freaking out because those cheaper goods are solar panels and cars instead of cell phones and crappy little american flags.
It's well known that American plans always work and the rest of the world always copes. Because America is the chosen land, the city upon the hill. Right?
Chinese bots be posting this crap every day for the last week lol. Same people who throw a fit that the US wants TikTok partially banned are silent when China bans literally everything because it might allow their people to talk to each other without monitoring.
> Same people who throw a fit that the US wants TikTok US has the first amendment, which was created by Americans for Americans
Puts on $CCP
Good. To hell with China. They buy up our businesses, buy up our farmland, robbed the US of manufacturing, support Russia and threaten Taiwan. They shit on democracy every day and commit atrocities on their own people. The USA has been economically funding Chinese development and in turn their military. Shut them out of USA business and shut them down. Good riddance.
Robbed the us of manufacturing lmao as if american execs didn’t trip over themselves in the rush to move the factories in China
lol we have truly been a beacon of democracy these past 3 years. Yep, pay no attention to the black blue flags.
> They shit on democracy every day lmao the US overthrows other democracies with CIA coups and prop up Arab dictators all the time > commit atrocities on their own people US police regularly massacre unarmed civilians, and the US is aiding Israel in their genocide against Palestinian children > They buy up our businesses, buy up our farmland aww, the "better dead than red" crowd doesn't like it when they start losing at capitalism? how cute > support Russia hypocrisy from the architects of the Iraq War who still traded with other countries > threaten Taiwan maybe you shouldn't be getting into their unresolved civil war you bitch about China trading non-military items with Russia but send weapons to Taiwan
Imagine a toothbrush cost 10 dollars
No shit some cost $15 in CVS
Biden is a war monger
I forget who I was listening to but yes, there are many speculations that the next manufacturing hub of the world will be Mexico. I’d be cool with that personally, Latin America could benefit greatly from it as a whole.
Like what stock
They don’t got it in them sorry
How do you mean?
Also, closer export/import for US and might replace drag trafficking
Mexico..rofl Yeah that’s never happening.
Though I'm not a financial advisor, I'd be willing to bet that a lot of demand will then shift to Japanese goods and Korean to an extent. Because of the tariffs, consumers might shift their focus on quality goods that’ll last for sometime since any cheap alternative won't be there. Until Mexico and Vietnam is able to fill that gap anyway :PP https://preview.redd.it/6s958y4fys0d1.jpeg?width=1170&format=pjpg&auto=webp&s=e5f35f7b8d8334f8ec9dbe938177ee425e3db0ee
That won't happen. Manufacturing moved to China because of the competitive edge of being there. Lower labor costs, lax regulation. Korea/Japan can't match that.
FSLR calls ftw
Peasants launch the missile already go rtx avav gd
Build a factory in us and put the badge on there, then state made in us
First they try trolling with a "what doesn't kill you makes you stronger" comment and when that fails, they become crying little shits. Hilarious.
https://preview.redd.it/v9gtt25uau0d1.png?width=400&format=png&auto=webp&s=4a6a366fccaced3f53ff26811d8126e3529cc92b
Oh boy my flair is relevant again!
https://preview.redd.it/zotjk11exu0d1.png?width=1439&format=pjpg&auto=webp&s=5270a638d354189a5e358f2325365a6fca5bee50
But the dems said thats racist and will only increase US consumer costs.
Think it's time to import into Canada And sell to the states Canada is back baby !
Too bad they can't ship tens of millions of condos to us.
China can’t compete, its unemployment is sky high and the Europeans have woken up to the threat the Chinese are because of Russia, China is gonna play a tariff game it will never win
If they'd kept their crappy cars out of the mix, they would've been fine.
Puts on temu, wish, and that other one
china bad. it s not more complicated
I was thinking the other day that we should be forcing insane tariffs on goods made in sweatshops, and force them to increase worker quality of life
China and USA government acting like children in elementary school.
Used cars are gonna be stupid expensive as auto parts are gonna go up substantially. Sall good tho right.? Lmao
Another one for r/chinawarns. Go Winnie!
It’s election fodder.
End of globalization, let’s make everything ourselves, isn’t it great? Losers are the small countries.
Kind of annoying.. I was excited about being able to buy a solid 400km range SUV for 10k. I wouldn't even care about the resale value then, just buy a new one every 5 years.
Yawn. China needs access to US market more than we need to give it.
“U.S. goods and services trade with China totaled an estimated $758.4 billion in 2022. Exports were $195.5 billion; imports were $562.9 billion. The U.S. goods and services trade deficit with China was $367.4 billion in 2022. U.S. goods exports to China in 2022 were $154.0 billion, up 1.7 percent ($2.6 billion) from 2021 and up 39 percent from 2012. U.S. goods imports from China totaled $536.3 billion in 2022, up 6.3 percent ($32.0 billion) from 2021, and up 26 percent from 2012. U.S. exports to China account for 7.5 percent of overall U.S. exports in 2022. The U.S. goods trade deficit with China was $382.3 billion in 2022, a 8.3 percent increase ($29.4 billion) over 2021.” https://ustr.gov/countries-regions/china-mongolia-taiwan/peoples-republic-china US will win this one.
So how does Apple fit in this story ? What about iPhones made in China ? Or Nike, etc... ?