alt Hacker NewsCorrection: average tariffs on China prior to today was 42% https://www.piie.com/research/piie-charts/2019/us-china-trad.... This means after today, average tariffs on China will be 76%.
China is already in a Great Depression, and this tariff hike guarantees China to be in 30+ years of economic depression.
Between the US and China, I would be putting my money in China, who by the way, leads in AI.
"I Just Saw the Future. It Was Not in America." - https://www.nytimes.com/2025/04/02/opinion/trump-tariffs-chi...