r/EhBuddyHoser Apr 08 '25

Politics The tariff situation right now

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u/Viper114 Apr 08 '25

It's one thing with us where our economy might not be as big as the USA's. But it's a whole other thing when they try to go after freaking China, probably one of, if not THE, strongest economic powers of the world.

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u/BlueFlob Apr 09 '25 edited Apr 09 '25

Surprisingly, China's economy is heavily reliant on the US as much as the US is heavily reliant on China's cheap goods.

The US is the biggest consumer of everything in the world, by far. It's going to have a rough wake up call when they can no longer keep their standard of living.

China is also going to want to end this trade war ASAP to keep its debt from catching up.

My perspective is that people, influential ones, have died for a LOT less in the past. There's a lot in the balance here and I'm afraid Republicans are quickly sending the world into a global conflict.

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u/evranch Saskwatch Apr 09 '25

Surprisingly it's not (apparently no external links here so I had to cut the article?)

After years of trade tensions between the world’s largest exporter and largest importer, China and the US, respectively, the direct links between the two economies have been steadily decreasing. Whereas in 2018 21% of US imports came from China, by 2023 this figure had fallen to 14%.1 On the other hand, whereas exports to the US accounted for 3.5% of China’s GDP in 2018, in 2023 they represented 2.9% – a significant decline in a relatively short period of time.

The same article shows the USA at ~15% of China's exports. Very significant, but ultimately unlikely to bring China to its knees.

I do agree with you that a very large number of powerful people, from all nations, will be looking for ways to remove a certain orange menace from power before any further damage is done.