Stephen McDonnell
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Also ja, natürlich sind die Menschen am meisten gespannt auf die Möglichkeit, that if a liver from genetically modified pigs could be developed to routinely be placed into humans, well, it would be a massive scientific breakthrough.
Also ja, natürlich sind die Menschen am meisten gespannt auf die Möglichkeit, that if a liver from genetically modified pigs could be developed to routinely be placed into humans, well, it would be a massive scientific breakthrough.
Beijing, interestingly, hasn't gone for all U.S. goods, but targeted products which really hit rural communities, actually. So it's, for example, 10 or 15 percent tariffs on everything from chicken, seafood, soybeans, cotton. Now, the reason, of course, you'd be going after these areas of the U.S. community is because they're backing Donald Trump. There's people who voted for Donald Trump.
Beijing, interestingly, hasn't gone for all U.S. goods, but targeted products which really hit rural communities, actually. So it's, for example, 10 or 15 percent tariffs on everything from chicken, seafood, soybeans, cotton. Now, the reason, of course, you'd be going after these areas of the U.S. community is because they're backing Donald Trump. There's people who voted for Donald Trump.
And the U.S. president said, oh, no worries. You can all just sell more things inside the U.S. Well, I'm sure those sections of the US farming community would also like to be able to have the opportunity to sell their produce into the massive Chinese market and having tariffs placed on them. Well, depending on the industry, that could be really terrible for them.
And the U.S. president said, oh, no worries. You can all just sell more things inside the U.S. Well, I'm sure those sections of the US farming community would also like to be able to have the opportunity to sell their produce into the massive Chinese market and having tariffs placed on them. Well, depending on the industry, that could be really terrible for them.
And also over the last 24 hours, China has announced tariffs on similar goods from Canada. Now, this is in response to Canada putting tariffs on electric cars from China. And to give you an idea of what a big deal that might be for Canada, like 40% of China's beans come from Canada. So that's huge.
And also over the last 24 hours, China has announced tariffs on similar goods from Canada. Now, this is in response to Canada putting tariffs on electric cars from China. And to give you an idea of what a big deal that might be for Canada, like 40% of China's beans come from Canada. So that's huge.
Yeah, you're right. Consumers are the ones who are going to pay for it. I mean, it's funny. Donald Trump seems to be making out when he speaks to people in the US that somehow or other, other countries are going to be paying these tariffs. No, it's the US consumers that pay those tariffs if they want those goods available to them. I'll tell you who else it hurts.
Yeah, you're right. Consumers are the ones who are going to pay for it. I mean, it's funny. Donald Trump seems to be making out when he speaks to people in the US that somehow or other, other countries are going to be paying these tariffs. No, it's the US consumers that pay those tariffs if they want those goods available to them. I'll tell you who else it hurts.
Imagine you're a company in the US and you have some components, for example, that come from China. Well, then you've got to pay the tariffs as well. That makes your equipment, even though it's built in the US, more expensive because some parts of that machinery have potentially come from China.
Imagine you're a company in the US and you have some components, for example, that come from China. Well, then you've got to pay the tariffs as well. That makes your equipment, even though it's built in the US, more expensive because some parts of that machinery have potentially come from China.
So, you know, it just keeps spreading and spreading as far as you like because, as people know, the global economy, it's just so interlocked these days. And so once you start hitting tariffs on one portion of it, well, it just flows from one to the other.
So, you know, it just keeps spreading and spreading as far as you like because, as people know, the global economy, it's just so interlocked these days. And so once you start hitting tariffs on one portion of it, well, it just flows from one to the other.
And, of course, the other thing is that, I mean, it's funny, Donald Trump has said that he's going to whack tariffs on anyone who responds to his tariffs with their own tariffs. Well, then it just keeps escalating because what does he think other countries are going to do, just sit back and cop it? Of course they're not.
And, of course, the other thing is that, I mean, it's funny, Donald Trump has said that he's going to whack tariffs on anyone who responds to his tariffs with their own tariffs. Well, then it just keeps escalating because what does he think other countries are going to do, just sit back and cop it? Of course they're not.
And so especially a country like this, the might of China, well, really, they've been relatively modest at the moment in what they've opposed on U.S. goods and they're keeping their powder dry. So there's plenty more China could do in terms of hurting U.S. exports if Beijing decided that it wanted to go down that road.
And so especially a country like this, the might of China, well, really, they've been relatively modest at the moment in what they've opposed on U.S. goods and they're keeping their powder dry. So there's plenty more China could do in terms of hurting U.S. exports if Beijing decided that it wanted to go down that road.
A lot of people would be scratching their heads looking at where the world's going at the moment with the way the Trump administration is throwing trade relations everywhere into chaos and wonder how can the Chinese government be this confident.
A lot of people would be scratching their heads looking at where the world's going at the moment with the way the Trump administration is throwing trade relations everywhere into chaos and wonder how can the Chinese government be this confident.