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The New Lounge

It will be interesting to see how Walmart adjusts since it seems to sell a high percentage of Chinese products
Walmart has already stated that their suppliers will have to absorb any tariff...they are such a large distributor that they hold all the negotiating cards if you want to sell through them....they are notorious for getting their way...120 day terms etc...its their way or the highway
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The New Lounge

None of y’all has had the first criticism of tariffs.
You normally spin, but rarely flat out lie, but this is one of those times.
You have to excerpt that line from what I say directly after it to claim that: "Nothing but vague wariness, no actual analysis and criticism. None of y'all has any answer to the things Th0r is posting."
Back when I was a liar, my Dad used to say that if it wasn't the truth, the whole truth, and nothing but the truth... it was a lie. Well, when you excerpt something for it to say something different from what I actually said, it's less than the whole truth. Ergo, you're the liar here.

The New Lounge

The yuan is losing value against the dollar at a rate faster than the dollar is eroding during a fairly historic market crash. They will feel a lot more pressure sooner than we will. Neither of us have a leader that swallows pride. So it will be interesting to see who ends up caving first.

As far as them looking like a more stable trading partner, I think the fact that 4 of the largest SE Asian economies have offered concussions (whether Trump accepts or not) shows that the world knows how important having the U.S. as a partner is. China rips them off as well.
Generally most people want a stronger dollar or yuan. But a weaker yuan helps their manuf sector by making exports less expensive. China has often been accused of keeping the yuan artificially low, of manipulating the exchange rate to help exports. How low is too low for the Chinese I guess is the question.

The New Lounge

Walmart’s a big test case. Like you said, they rely heavily on Chinese imports, and if costs jump, people on fixed or low incomes will feel it first. No company eats a 125% increase without passing some of it on. Prices will move—it’s just a matter of when and how much.

I’m not convinced the markets will settle after this. It’ll be interesting to see how the next few weeks unfold, but I’d expect countries like those in the EU—and in Southeast Asia like Vietnam and South Korea—to start coordinating a response well before the 90-day pause is up. I don’t think they’ll sit back and wait this out quietly.

I guess my biggest fear in all this is that it ends up boosting China’s influence, not weakening it—because they start to look like the more stable, consistent trading partner. And that’s not a position I’d want to hand them.

The yuan is losing value against the dollar at a rate faster than the dollar is eroding during a fairly historic market crash. They will feel a lot more pressure sooner than we will. Neither of us have a leader that swallows pride. So it will be interesting to see who ends up caving first.

As far as them looking like a more stable trading partner, I think the fact that 4 of the largest SE Asian economies have offered concussions (whether Trump accepts or not) shows that the world knows how important having the U.S. as a partner is. China rips them off as well.
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The New Lounge

It will be interesting to see how Walmart adjusts since it seems to sell a high percentage of Chinese products
Walmart’s a big test case. Like you said, they rely heavily on Chinese imports, and if costs jump, people on fixed or low incomes will feel it first. No company eats a 125% increase without passing some of it on. Prices will move—it’s just a matter of when and how much.

I’m not convinced the markets will settle after this. It’ll be interesting to see how the next few weeks unfold, but I’d expect countries like those in the EU—and in Southeast Asia like Vietnam and South Korea—to start coordinating a response well before the 90-day pause is up. I don’t think they’ll sit back and wait this out quietly.

I guess my biggest fear in all this is that it ends up boosting China’s influence, not weakening it—because they start to look like the more stable, consistent trading partner. And that’s not a position I’d want to hand them.
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The New Lounge

You can claim you said it all day. Your criticism of our President is always in the abstract, always while extending the longest leash in presidential history. None of y'all has had the first criticism of tariffs and how wrong they could go. Nothing beyond vague wariness, no actual analysis and criticism. None of y'all has any answer to the things Th0r is posting.
None of y’all has had the first criticism of tariffs.
You normally spin, but rarely flat out lie, but this is one of those times.

The New Lounge

I agree. The people with real money always find a way to benefit, while small investors and businesses deal with the fallout. The uncertainty alone makes it nearly impossible to plan.

I don’t necessarily have an issue with the 10% baseline tariff—there’s a case for it when used strategically. There’s a real policy debate to be had about the percentage of tariffs applied and how they’re implemented. And there’s also a difference between countries that take advantage of us through unfair trade practices and those we rely on for raw materials—treating them the same just creates more problems than it solves.

What we’re seeing now is chaos. The reciprocal tariffs are paused, the baseline stays, and China gets hit with a 125% tariff—something that’s going to land hardest on lower-income Americans who rely on affordable imports.

I’m glad the market bounced, but I’m also annoyed. The pressure’s still there for consumers, and we’ll be right back in the same spot potentially in 90 days. There’s a better way to do this—something measured, consistent, and focused on long-term benefit for the country.
It will be interesting to see how Walmart adjusts since it seems to sell a high percentage of Chinese products
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