That 10% tariff which Trump announced on Chinese goods is nothing more than small slap on the wrist for them. They will absorb it and proceed as usual. If at all there is any impact in the U.S. then it is going to be so small that it becomes unnoticeable. Stock market will not budge that $500 billion trade deficit will stay intact.
Why has Trump gone softy on China? Is he afraid of them?
It would appear so. The consumer goods market and supply chain market in USA has forced Trump to rethink 60% tariff which he initially said, he will do. He has backed off and he is not forced by the Chinese but his own businesses in America who are dependent on China for almost everything. Any disturbance in that supply chain and U.S. economy will come tumbling down.
With 10% tariff only, forget about much talked about China plus one policy. There is no need to move out of China at all.
It is here we conclude that Chinese have scored a victory over Trump which other very big trading partners like Canada or Mexico could not.
That 10% tariff which Trump announced on Chinese goods is nothing more than small slap on the wrist for them. They will absorb it and proceed as usual. If at all there is any impact in the U.S. then it is going to be so small that it becomes unnoticeable. Stock market will not budge that $500 billion trade deficit will stay intact.
Why has Trump gone softy on China? Is he afraid of them?
It would appear so. The consumer goods market and supply chain market in USA has forced Trump to rethink 60% tariff which he initially said, he will do. He has backed off and he is not forced by the Chinese but his own businesses in America who are dependent on China for almost everything. Any disturbance in that supply chain and U.S. economy will come tumbling down.
With 10% tariff only, forget about much talked about China plus one policy. There is no need to move out of China at all.
It is here we conclude that Chinese have scored a victory over Trump which other very big trading partners like Canada or Mexico could not.
The previous one no difference to the Chinese exports and newer one will have no difference either.The 10% tariffs on China are on top of the ones that he already put in his first term. Overall tariff is probably around 15-20% or higher.
The USA has entered into its decadence.Trump has to be careful of unleashing inflation forces that he cannot control. He wants to steadily increase tariffs without unleash inflation.
For the last 2000 years, two countries ruled the world. Lead by India and then ChinaThe USA has entered into its decadence.
The Tariffs are a result of the Trumpian dystopian view that the USA should return to its British Origins.
he wants to destroy the Free trade agreement with Mexico and Canada (technically he has done it)
Annex Canada, balkanize Mexico, (he wants Mexico to disintegrate into 3 countries).
And Annex Greenland.
he wants Panama as part of the control of China by the USA in Latin America and Greenland the same.
Economically is difficult to understand this trade war, unless you can see these 3 nations are trying to expand their territories China in Asia, Russia in Europe, and the US in central America and North america.
These 3 nations will fail, however I will confess you that Mexico faces the same problem you have in India with China, but in our case is the USA; Trump is unwilling to face the reality, the USA is now a multi ethnic nation, highly dependent upon globalization. he is unwilling to see the integration with Mexico is inevitable, (if they do not integrate the USA will split into 3 to 5 independent nations in the future)
The immigration to the USA has been a direct result of the American decadence, they do not want to see a strong Latin America means less immigration crime and drugs.
They have left Chinese meddling in the drug war to damage the USA ( it is the Fentanyl war againt the USA), in fact they have stopped the Balkanization of Mexico by strengthening the Drug cartels , but they have also damage the economic integration of North America.
Globalization is inevitable, neither the USA, China or Russia will win.
The USA will win the rivalry versus the Chinese and Russians but as England after WWII their empire will collapse.
World Government will crush the USA, China and Russia.
Trumps Tariffs will fail
That 10% tariff which Trump announced on Chinese goods is nothing more than small slap on the wrist for them. They will absorb it and proceed as usual. If at all there is any impact in the U.S. then it is going to be so small that it becomes unnoticeable. Stock market will not budge that $500 billion trade deficit will stay intact.
Why has Trump gone softy on China? Is he afraid of them?
It would appear so. The consumer goods market and supply chain market in USA has forced Trump to rethink 60% tariff which he initially said, he will do. He has backed off and he is not forced by the Chinese but his own businesses in America who are dependent on China for almost everything. Any disturbance in that supply chain and U.S. economy will come tumbling down.
With 10% tariff only, forget about much talked about China plus one policy. There is no need to move out of China at all.
It is here we conclude that Chinese have scored a victory over Trump which other very big trading partners like Canada or Mexico could not.
i do not promote a vision where a nation leads the world, you can believe that, I am not the one to tell you what to believe or what not to believe.For the last 2000 years, two countries ruled the world. Lead by India and then China
The next 2000 won’t be different
That 25% you say tariff on India is worthless. US hardly imports anything manufactured from India. It is $30 billion trade surplus in India’s favour. Much of the exports are software which is not taxed or HIB remittance which is income taxed in America itself.Trump will need to balance with other trade partners what he cant deduct from China, India is an obvious target Trump might slap 25% or more on India that is even after India promises to buy big ticket defense deals.
Chinese has become too fckin Over Powered in manufacturing now.
That 25% you say tariff on India is worthless. US hardly imports anything manufactured from India. It is $30 billion trade surplus in India’s favour. Much of the exports are software which is not taxed or HIB remittance which is income taxed in America itself.
Hence tax what?……. That 100% duty on Motorcycle has been reduced to 30%, hence nothing left to tax about.
Trump does not care what India exports. He is seeing trade deficit and based on that he is going to apply tariffs. In case of India, it is $30 billion only which is too little to worry. It is the Harley Davidson motor cycle who have made it an issue of 100% duty which has been reduced to 30% hence lesser reasons to worry. His next target is Europe which has trade deficit of $300 billion.According to the data from FY2024,India exports a wide range of products to the United States,covering several important industries.Here are the main categories of exported products and their values:
1.Pharmaceuticals and Medicines
India is one of the largest producers of generic drugs globally,and its pharmaceutical products hold a significant position in the US market.In FY2024,India's exports of pharmaceuticals to the US reached8.72 billion,accounting for 11%of India's total exports to the US.
2.Gems and Jewelry
India's gem and jewelry industry is renowned globally.In FY2024,exports of gems and jewelry,including pearls,precious stones,and diamonds,amounted to9.9 billion,representing 13%of India's total exports to the US.
3.Engineering Products
Engineering products,which include machinery and automotive parts,are a significant part of India's exports to the US.In FY2024,the export value of engineering products was17.6 billion,accounting for 23%of India's total exports to the US.
4.Electronic Products
India's exports of electronic products are also growing.In FY2024,the export value of electronic products,including telecommunication equipment and electronic components,reached10 billion,accounting for 13%of India's total exports to the US.
5.Textiles and Apparel
India's textile and apparel industry has a long history and offers a wide range of products,from high-end silk to everyday clothing.In FY2024,exports of textiles and apparel amounted to4.71 billion,accounting for 6%of India's total exports to the US.
6.Petroleum Products
India's exports of petroleum products are also increasing.In FY2024,the export value of petroleum products was5.83 billion,accounting for 8%of India's total exports to the US.
7.Other Important Export Products
• Seafood:India's seafood exports also hold a certain share in the US market.In FY2024,the export value of seafood was1.9 billion.
• Information Technology Services:Although not directly counted as goods exports,India's IT services and software solutions also have an important position in the US market.
These categories not only reflect the diversity of India's manufacturing and service sectors but also highlight India's significant presence in the US market.
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I think Trump is going to raise tariffs
According to the data from FY2024,India exports a wide range of products to the United States,covering several important industries.Here are the main categories of exported products and their values:
1.Pharmaceuticals and Medicines
India is one of the largest producers of generic drugs globally,and its pharmaceutical products hold a significant position in the US market.In FY2024,India's exports of pharmaceuticals to the US reached8.72 billion,accounting for 11%of India's total exports to the US.
2.Gems and Jewelry
India's gem and jewelry industry is renowned globally.In FY2024,exports of gems and jewelry,including pearls,precious stones,and diamonds,amounted to9.9 billion,representing 13%of India's total exports to the US.
3.Engineering Products
Engineering products,which include machinery and automotive parts,are a significant part of India's exports to the US.In FY2024,the export value of engineering products was17.6 billion,accounting for 23%of India's total exports to the US.
4.Electronic Products
India's exports of electronic products are also growing.In FY2024,the export value of electronic products,including telecommunication equipment and electronic components,reached10 billion,accounting for 13%of India's total exports to the US.
5.Textiles and Apparel
India's textile and apparel industry has a long history and offers a wide range of products,from high-end silk to everyday clothing.In FY2024,exports of textiles and apparel amounted to4.71 billion,accounting for 6%of India's total exports to the US.
6.Petroleum Products
India's exports of petroleum products are also increasing.In FY2024,the export value of petroleum products was5.83 billion,accounting for 8%of India's total exports to the US.
7.Other Important Export Products
• Seafood:India's seafood exports also hold a certain share in the US market.In FY2024,the export value of seafood was1.9 billion.
• Information Technology Services:Although not directly counted as goods exports,India's IT services and software solutions also have an important position in the US market.
These categories not only reflect the diversity of India's manufacturing and service sectors but also highlight India's significant presence in the US market.
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I think Trump is going to raise tariffs