• 0 Posts
  • 484 Comments
Joined 2 years ago
cake
Cake day: July 23rd, 2023

help-circle




  • For a start my understanding is that China doesn’t actually export much end product pharmaceuticals, it tends to export lots of the chemical precursors. So if companies moved their production to the US they would find that a large amount of the precursors they need now have 104% tariffs applied and they can’t compete with production in countries with less insane trade policies regardless of what tariffs go on the end products…







  • gnutrinotoLemmy Shitpost@lemmy.worldglorious stock
    link
    fedilink
    English
    arrow-up
    47
    ·
    4 days ago

    I believe that would be MarketAxess (MKTX) which largely deals in bonds AFAIK. Given that bonds are the traditional safe haven asset when traders see the market shitting the bed, them doing well isn’t necessarily the best sign for overall market health…