Full Tariffs- future rates

Do you realize that the US barely pays the interest on the money we owe to China? Our economy is going down already. Did you look at the loadboard lately?

 

@RET423 said it best China doesn’t have a leg to stand on when it comes to this trade war. I have done business with China in my last job they are beginning to outsource themselves for cheaper labor.

The current issue is high capacity because people getting into the market last year for the feast.

I myself got in last year not because of the feast but because of closing down a business I didn’t want to be part of anymore or do for that matter and life forced me into this field because I couldn’t work for others.

Common sense says if to expensive to import from China other countries will fill in the gap. Made in China or made in Taiwan same ####.


Once the capacity of trucks evens out with availability all will be well again.

It’s just a wait and see who’s left standing.

The ones left standing will be Kings once this is over.


With news across the US of fleets being shut down like Falcon and NEMF and soon more to follow equilibrium is coming.

 

You don't really have a grasp on how that whole "Chinese debt" thing works now do you? The entire US debt is over 18 trillion of which China owns a bit over 1 trillion, along with trillions owned by many other countries. They didn't loan us money, they buy treasuries that earn interest to the tune of 479 billion annually for all of the debt including China's. Much like a nuclear war, if China cashed in all of their treasuries at once, it would crash the world economy including their own. So it would be mutually assured destruction.