Big Dipper : Yangtze River, Chinese concept stocks, heavily affected by the Trump effect, it is expected that the stock price will continue to be under pressure in the near future.
Khun JBL : yea, donald wants to impose 10% tax on china.
Big Dipper Khun JBL : 10% not 60%?
Khun JBL Big Dipper : Where did you hear that from? 60% is absurd already.
BagHolder23 : The comments about Tarrifs.Best get facts straight:20% on products from Canada or Mexico.30% (additional 10%) on products from China.Tarrifs will only increase the cost of living for US citizens though so this is likely a threat to get certain concessions.YZJ doesn't sell ships to exclusively American clients.They also have an orderbook for 2025 so it is all emotion, not fundamentals, will still be a highly profitable business.
Big Dipper : Yangtze River, Chinese concept stocks, heavily affected by the Trump effect, it is expected that the stock price will continue to be under pressure in the near future.
Khun JBL : yea, donald wants to impose 10% tax on china.
Big Dipper Khun JBL : 10% not 60%?
Khun JBL Big Dipper : Where did you hear that from? 60% is absurd already.
BagHolder23 : The comments about Tarrifs.
Best get facts straight:
20% on products from Canada or Mexico.
30% (additional 10%) on products from China.
Tarrifs will only increase the cost of living for US citizens though so this is likely a threat to get certain concessions.
YZJ doesn't sell ships to exclusively American clients.
They also have an orderbook for 2025 so it is all emotion, not fundamentals, will still be a highly profitable business.