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OT: American Politics

Winning!!

Claims about China​

by Tyler Cowen April 11, 2025 at 4:16 am in
Tariffs don’t just alter trade flows — they redirect resources and reshape industrial structures. If Trump’s goal was to curb China’s technological progress, he would keep tariffs low on the bulk of Chinese exports to the US, locking the country into low-margin basic manufacturing. He would encourage high-tech exports to China, making sure that progress in its advanced components stalls.
But this is the opposite of what’s happening. Ironically, just as the “China shock” pushed the US out of low-end manufacturing, the “Trump shock” is propelling China to reallocate resources into higher value, advanced technologies that compete directly with the US.
Click to expand...
Here is more from Keyu Jin at the FT.
 
The spike in the orange line is really problematic.

Notice that it didn’t move during COVID, so long term inflation expectations were still well anchored despite the supply side challenges.

But apparently consumers view the actions of brain damaged orangutans more negatively than global supply shocks caused by a once in a century pandemic.
 
Last edited:
lecoqsportif said:
The spike in the orange line is really problematic.

Notice that it didn’t move during COVID, so long term inflation expectations were still well anchored despite the supply side challenges.

But apparently consumers view the actions of brain damaged orangutans more negatively than global supply shocks caused by a one in a century pandemic.
Click to expand...

With what the USA did to cut away ppl that could stop a pandemic from starting - I’m guessing we wil see another one while Trump is in power
 
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