Quote:
Originally Posted by thommy
you are correct with this statement and this is the reason why you can not see much higher consumer prices yet as long as this stocks are existing.
but there are a few other issues what you did not look at.
one of them is that many companies in china are 100% daughters of foreign companies.
so letīs do this example:
a japanese company owns an own production in china and the mother company in japan sells the stuff.
as this products are not covered by trumpīs tariffs (because they are not bought from china but from japan) they will get into the country without tariffs.
but as they are delivered FROM china they are counted like imports from china.
BTW: also the imports that entering the US from china what are forward delivered to a company in canada and is paid from this canadian company is effecting the trade balance between USA and china (what makes no sense at all except to show people completely wrong numbers).
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Thommy, with an economy as robust as ours is now, we should have a stellar q4. This is where retail profits are taken every year anyway, on top of a hot economy. We are in full swing right now ramping up for it.