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Cake day: June 12th, 2023

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  • Just a small note for clarity, but the US is not demanding a tariff from China. The US is imposing a tariff on goods from China, and US citizens are the ones that pay that. It’s not like Trump is asking China to fork over a bunch of money. He’s telling Americans that if they want Chinese goods they are going to have to pay even more. In theory, this would cause Americans to buy less of these goods because essentially they can’t afford them, and therefore China suffers, but money coming from the US is probably not going to affect China the way that increased tariffs will affect Americans.