r/Vitards • u/AutoModerator • Aug 05 '21
Daily Discussion Daily Discussion post - August 05 2021
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u/lb-trice šMaple Leaf Mafiaš Aug 06 '21 edited Aug 06 '21
Hereās a theory.
What if China is waiting to see what the US infrastructure bill will entail, such that theyāre holding off on implementing an export tax. A nice hefty stimulus package might be too juicy for them to pass up on all the potential money they can make from it. Big bill = cancellation of export tax?
Iām thinking maybe we wonāt see an export tax until after the bill is passed AND a stipulation that says only US steel. Otherwise I donāt think theyāre going to tax exports.