Quotes
If we get more of a global trade war, then the winners will likely be those companies who source locally versus those who export,
We think tariff talk on China may rise beyond the 10% tariffs, maybe once a TikTok sale is complete,
the strategist wrote in a note on Tuesday China urges the US to correct its wrongdoings, address each other's concerns through equal-footed consultation, and promote the steady, sound and sustainable development of China-US relationship,
Video games are one of the most popular and beloved forms of entertainment for Americans of all ages. Tariffs on video game devices and related products would negatively impact hundreds of millions of Americans and would harm the industry's significant contributions to the US economy,
Tariffs can only increase inflation, the higher they are, the worse their effects,
Radhika Desai, professor of Department of Political Studies at University of Manitoba in Canada, told the Global Times For some commodities, it's a price per ton, but on essentially all consumer goods it's the value of the product,
But" — and it's a big but — "the importer under normal circumstances would transfer it up the line to the wholesaler, to the distributor, and ultimately to the consumer,
It's essentially a tax on imported goods,
Under the law, the importer is responsible for paying the tariff,
If we think about historically, when we've underperformed in an area, let's call China and, and Europe underperforming areas from a historical perspective,
[Trump is] more interested in all of that investment coming back to the United States, and so companies who have moved operations elsewhere, at least in his view of the world, seem to be either unpatriotic or not contributing to America’s greatness,
My job is to bring domestic production of semiconductors home to America, and then we are going to attack the supply chain so we have the full supply chain [and] so we can be independent from a national security perspective,
Lutnick told senators at his confirmation hearing He’s kind of threatened everybody, so it’s not clear where you go, and what that does is it raises the level of return that you would need to do to invest,
If you listen to Trump carefully, ... he should be in a matter of time directing his attention to some of those countries. Particularly, I would argue, like Vietnam, where our bilateral deficit with them has just skyrocketed in recent years, and part of that is due to U.S. companies leaving China and reshoring to Vietnam — but also a concern that Chinese investment there is increasing as a way to avoid U.S. tariffs.”
He rarely [pays] much attention to the fact that production is fragmented in general. It’s either made overseas or it’s made here,
If companies then moved to a third country, and that third country is now subject to Trump tariffs, moving to that country becomes a lot less attractive,
said Wendy Cutler, a longtime diplomat and vice president at the Asia Society Policy Institute Nothing screams ‘democracy’ like having a secret squad of company men pull off a hostile takeover of America’s Social Security and tax information in the dead of night,
Schumer said on the Senate floor XR will offer a more tangible, visual and interactive form of AI – the ‘body language’ of AI,
the group’s president and CEO Liz Hyman writes in the letter addressed to Michael Kratsios, President Donald Trump’s pick to lead the Office of Science and Technology Policy, and David Sacks, chair of the President’s Council of Advisors on Science and Technology Removing Permanent Normal Trade Relations with China is a very radical and extreme step that would remove any guardrails against a trade war,
The Republicans won't pass the bill (to repeal the PNTR) until Trump tells them to pass it,
said Derek Scissors, a senior fellow at the American Enterprise Institute