• mmddmm@lemm.ee
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    1 month ago

    The problem is that China can live very easily without American goods

    A lot of it is food. They probably can, but it will not be not easy at all.

      • mmddmm@lemm.ee
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        1 month ago

        Yes, but the other countries that buy from elsewhere will want their normal amounts too.

        Can other food producers increase their production while the US spirals down? Nobody really knows, we are in shock due to both global warming and the war in Ukraine. And the US is a really major food exporter.

        Can people make do with less food? Probably, but it’s not trivial.

        Anyway, China’s tariffs are completely self-imposed. They can cut them at any time.

        • ℍ𝕂-𝟞𝟝@sopuli.xyz
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          1 month ago

          What I mean is that this could totally end with China going “fuck this, we subsidize food for our citizens” and Africa starving yet again.

          Or, hopefully, food prices rising in the developed world while the only place the US would be able to sell being Africa, below normal prices, like it happened with Russia and India and oil. But then I’m expecting too much from the world.