Its_TradingG
2 days ago
Take your China loving @%% somewhere else
Americans are currently being taxed on a wide variety of Chinese products due to a combination of existing Section 301 tariffs, Section 232 tariffs on steel and aluminum, and new tariffs implemented under the International Emergency Economic Powers Act (IEEPA), some of which have been temporarily reduced.
Current Tariff Rates:
Goods Made in China and Hong Kong: These goods face a 20% tariff.
Amended U.S. Reciprocal Tariff: This tariff, applying to goods made in China, Hong Kong, and Macau, is currently set at 30%. It was temporarily reduced from 145% for 90 days starting May 14, 2025. The de minimis exemption, which previously allowed low-value shipments (under $800 USD) to enter duty-free, has been eliminated for Chinese-made goods, meaning all shipments are subject to duties and tariffs.
Postal Tariff for Chinese-origin goods: This tariff is currently 120% of the value or $100, and is set to increase to $200 on June 1, 2025.
Steel and Aluminum Imports: A 50% tariff applies to all imported steel and aluminum products, except for imports from the United Kingdom (GB), which face a 25% tariff.
Specific Product Categories Affected:
Electric vehicles (EVs): 100% tariff.
Solar cells, syringes, and needles: 50% tariff.
Non-lithium-ion battery parts, lithium-ion electric vehicle batteries, other critical minerals, ship-to-shore cranes, steel and aluminum products, facemasks: 25% tariff.
Semiconductors: 50% tariff.
Toys, dolls, and puzzles: These items are subject to a 145% import tax.
Syringes and needles: These items face a very high tariff rate of 245%.
Footwear, apparel, and textiles: Consumers face higher prices for these goods due to the tariffs.
Examples of Other Products with High Tariff Rates:
Lithium-ion batteries: 173%.
Squid: 170%.
Wool sweaters: 169%.
Plastic dishes: 159%.
Toasters: 150%.
Electric cars: 148%.
Vitamin C: 145%.
canthelpit
3 days ago
IGPK Isaid I don;t think it is over but did not say I was still in ,,, I pulled most shares out of this and 2 other of my """ wish full thinkers""" yesterday and left a few for a following,,, took my tax loss early this year and probably next years as well ,, when if it raises i will start another posisition ,, I got my ass beat here pretty good ,, I wish the best for all here and I will be on the side lines for awhile GLTA