Importers for certain will be frozen in a difficult place, usually 20-40% margins. Move too soon, you will have at negative gross 90-120 days out and you can’t even lay people off if business is back to usual.
Move too late and you drown in expenses.
— Lawrence Chung (@lchung98) April 7, 2025
104% China tariff incoming
— SecularJuncture (@SecularJuncture) April 7, 2025
I don’t know if China is going to cave to Trump’s threat of raising tariffs by an additional 50% if they don’t rescind their retaliatory tariffs of 34%.
If I were a betting man, I’d wager that Xi will not cave because he has to assert China’s position over the US on the world… pic.twitter.com/osHqsbCacc
— Ian Miles Cheong (@stillgray) April 7, 2025
Germany’s Economy Minister Robert Habeck slammed Trump’s tariffs, saying that he operates from a position of weakness. He called them illogical, suggested that America is currently vulnerable, and threatened that Germany can make the US experience real pain through Big Pharma.… pic.twitter.com/RIJbw2vl65
— Ian Miles Cheong (@stillgray) April 7, 2025
A lot of Vietnam mfg is actually by Chinese invested factories. Components from China. S. Korea and Japan make different products than China, so cannot be a direct replacement. The global supply chain is intertwined and it will take a lot of time and money to untangle
— David Lee (@DavidLe76335983) April 7, 2025
iPhones Made Fully in the U.S. Could Cost $30,000, With Production Limited to a Few Million Units – Forbes pic.twitter.com/BIq76yJIL8
— NewsWire (@NewsWire_US) April 6, 2025