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The president just keeps introducing more chaos.
Archived version: https://archive.is/newest/https://gizmodo.com/trump-threatens-104-tariffs-on-china-as-the-mad-king-plays-chicken-with-the-global-economy-2000585944
Disclaimer: The article linked is from a single source with a single perspective. Make sure to cross-check information against multiple sources to get a comprehensive view on the situation.
Embargo means no more trade. Extreme high price means no more demands means no more trade. Effectively, at some point it becomes an embargo.
Yes, China can sell elsewhere. That is also the case with a US Embargo. Idk why people are so dead set on not mincing this word.
No, increased prices never “effectively” become an embargo. An embargo is no sales full stop. Selling a single Polo mint for $500000000000000000 is still not an embargo.
That’s like saying 1.999999999999999999999999999999999999999999999999999999999 is not the same as 2.
in fact at that price it become a status symbol, the manufacturer just need to make 1 sale. Or people will just travel to mexico to buy it cheap.
It’s not. Look up the US embargo on Cuba.
Not only did Cuba trade with other nations, but they managed to get Nuclear Missiles shipped in from Russia.