AAII Phoenix Chapter

U.S. STEEP TARIFF HIKES ON CHINESE GOODS WENT INTO EFFECT SEPTEMBER 20 – 

WHILE CHINA IS ALREADY HAVING A SLOW-DOWN!!  EXAMPLE:

Lithium-ion batteries went from a 7.5% to 25% tariff

Medical supplies like masks and gloves are now at a 50% tariff

Solar cells & semiconductors coming from China also went up to a 50% tariff

**NVDA: China has told its manufacturers to stay away from using those chips/AI (*tit for tat)

Chinese EV cars quadrupled from 25% to 100% tariff  (European Union took actions earlier this summer)

China is attempting retaliatory tariffs

*** My opinion is that tax cuts and tariffs will not restore US manufacturing BUT innovation will ----

-- that and put the brakes on CEOs going all over the world looking for cheap labor.