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Yeah, it seems long overdue. Its easy to hate on the orange man, but this is one of his most solid moves in office imho.


I have always thought the way to go was to mimic their practices. If you have a requirement to partner with a local company majority owner, so do we. If you require IP transfer, so do we. I think this would be more strategic than a broad tariff.


Problem is they have very little IP. In their economy it's pretty much unwise to invest in IP because someone will still it so why just make a price elastic project instead of creating something new.


I like it. Chinese factories that match US EPA standards can import tariff free.




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