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Trump Tariffs has Countries ready to retaliate?
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<blockquote data-quote="newfie" data-source="post: 6099881" data-attributes="member: 58700"><p>grok is your friend</p><p></p><p>As of 2024, approximately 13.4% of total U.S. goods imports come from China. This figure is based on data showing that U.S. goods imports from China totaled <strong>$438.9 billion</strong> out of an estimated $3,295.6 billion in total goods imports for that year.</p><p></p><p>The majority of these imports from China consist of manufactured goods, with the following product categories being the most significant:</p><ol> <li data-xf-list-type="ol"><strong>Electrical Machinery and Equipment</strong>: This includes items like smartphones, televisions, and other consumer electronics. In 2023, this category was valued at around $150 billion, making up a substantial portion of imports from China (approximately 35% of the total value of Chinese imports). This remains a dominant category in 2024.</li> <li data-xf-list-type="ol"><strong>Machinery, Including Computers</strong>: This encompasses computers, laptops, and other mechanical appliances, valued at about $130 billion in 2023 (roughly 30% of imports from China). This category continues to be a major contributor in 2024.</li> <li data-xf-list-type="ol"><strong>Toys, Games, and Furniture</strong>: Products like toys, video game consoles, bedding, and furniture accounted for around $40 billion in 2023 (about 9% of imports from China). These consumer goods remain significant due to their high demand in the U.S. market.</li> </ol><p>These three categories alone typically represent over 70% of the total value of goods imported from China, with electrical machinery and computers being the largest drivers. Other notable imports include apparel, plastics, and chemicals, but they constitute smaller shares compared to the top three.</p><p></p><p>As of 2023, the most recent year with comprehensive data, approximately 6.7% of China's total goods imports came from the United States.</p><p></p><p>China imports a variety of goods from the United States, with the most significant categories based on recent trade data including:</p><ul> <li data-xf-list-type="ul"><strong>Oilseeds and Grains</strong>: Soybeans are the top U.S. export to China, valued at around $13.4 billion in 2024. Other grains like corn and wheat also contribute significantly, supporting China's agricultural needs.</li> <li data-xf-list-type="ul"><strong>Fuels</strong>: This includes crude oil and petroleum gas, totaling about $14.7 billion in 2024, reflecting China's demand for energy resources.</li> <li data-xf-list-type="ul"><strong>Electrical Machinery</strong>: Valued at approximately $15.3 billion in 2024, this category includes semiconductors and components, crucial for China's tech industries, despite U.S. export restrictions on advanced chips.</li> <li data-xf-list-type="ul"><strong>Aerospace Products</strong>: Aircraft parts and industrial machinery, particularly for civil aviation, are major imports, though exact figures vary year-to-year.</li> <li data-xf-list-type="ul"><strong>Meat Products</strong>: Poultry, pork, and beef are imported to meet China's protein demand, with notable volumes in recent years.</li> </ul><p>In 2024, total U.S. goods exports to China were approximately $143.5 billion, down slightly from $147.7 billion in 2023.</p></blockquote><p></p>
[QUOTE="newfie, post: 6099881, member: 58700"] grok is your friend As of 2024, approximately 13.4% of total U.S. goods imports come from China. This figure is based on data showing that U.S. goods imports from China totaled [B]$438.9 billion[/B] out of an estimated $3,295.6 billion in total goods imports for that year. The majority of these imports from China consist of manufactured goods, with the following product categories being the most significant: [LIST=1] [*][B]Electrical Machinery and Equipment[/B]: This includes items like smartphones, televisions, and other consumer electronics. In 2023, this category was valued at around $150 billion, making up a substantial portion of imports from China (approximately 35% of the total value of Chinese imports). This remains a dominant category in 2024. [*][B]Machinery, Including Computers[/B]: This encompasses computers, laptops, and other mechanical appliances, valued at about $130 billion in 2023 (roughly 30% of imports from China). This category continues to be a major contributor in 2024. [*][B]Toys, Games, and Furniture[/B]: Products like toys, video game consoles, bedding, and furniture accounted for around $40 billion in 2023 (about 9% of imports from China). These consumer goods remain significant due to their high demand in the U.S. market. [/LIST] These three categories alone typically represent over 70% of the total value of goods imported from China, with electrical machinery and computers being the largest drivers. Other notable imports include apparel, plastics, and chemicals, but they constitute smaller shares compared to the top three. As of 2023, the most recent year with comprehensive data, approximately 6.7% of China's total goods imports came from the United States. China imports a variety of goods from the United States, with the most significant categories based on recent trade data including: [LIST] [*][B]Oilseeds and Grains[/B]: Soybeans are the top U.S. export to China, valued at around $13.4 billion in 2024. Other grains like corn and wheat also contribute significantly, supporting China's agricultural needs. [*][B]Fuels[/B]: This includes crude oil and petroleum gas, totaling about $14.7 billion in 2024, reflecting China's demand for energy resources. [*][B]Electrical Machinery[/B]: Valued at approximately $15.3 billion in 2024, this category includes semiconductors and components, crucial for China's tech industries, despite U.S. export restrictions on advanced chips. [*][B]Aerospace Products[/B]: Aircraft parts and industrial machinery, particularly for civil aviation, are major imports, though exact figures vary year-to-year. [*][B]Meat Products[/B]: Poultry, pork, and beef are imported to meet China's protein demand, with notable volumes in recent years. [/LIST] In 2024, total U.S. goods exports to China were approximately $143.5 billion, down slightly from $147.7 billion in 2023. [/QUOTE]
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