stratozyck wrote:
I suggest we ban products from China. It will hurt our economy initially but 5 years from now it won't be remembered and China will lose access to our markets. It will hurt them more than us..
Nope...The Chinese navy entered Australian waters and fired lasers at our ships. Technically an act of war, What happended? nothing...
Both the US and Australia rely heavily on Chinese trade. Just take one example.
If the US banned tik tok, it would have an extreme negative psychological impact on US teens.
Teenagers spend on average 2hrs per day on Tik tok. 40% of US teens spend what would be considered excessive amounts of time on the platform. For many they get their news and feed about the outside world from the platform.
It's not like Russia where the pain is felt over price of gas and petroleum. A ban on China would hurt significantly.
So your biggest argument is... keeping TikTok?
Nah we could be fine. Things are assembled in China not really made. Even then a lot of stuff has left China recently.
It would be a small bump in our GDP but supply chains would shift away from China and towards Vietnam and other SE Asian countries. They don't have oil and the one export they do have that matters - fertilizer - they heavily restrict the export of.