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You keep forgetting the added benefit of the tax i

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Post# of 13654
(Total Views: 104)
Posted On: 01/29/2024 11:46:24 AM
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Posted By: drugmanrx
Re: Wallstreet1234 #5793
You keep forgetting the added benefit of the tax incentive for buying made in the USA.

Plus Biggest picture

China needs us 3.5x more then we need them as trading partners

Quote:
U.S. goods exports to China in 2022 were $154.0 billion , up 1.7 percent ($2.6 billion) from 2021 and up 39 percent from 2012. U.S. goods imports from China totaled $536.3 billion in 2022, up 6.3 percent ($32.0 billion) from 2021, and up 26 percent from 2012.



China’s economy is forecast to slow sharply in 2024, the World Bank says, calling recovery ‘fragile’

https://apnews.com/article/china-economy-prop...aa7178b628

Quote:
The world’s second-largest economy is still contending from the setbacks of the COVID-19 pandemic, among other shocks, dogged by weakness in the property sector and in global demand for China’s exports, high debt levels and wavering consumer confidence.



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