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Trade war has officially started and Tariffs are live now.
Canada - 25% (Energy 10%)
Mexico - 25%
China - 20%
China announces 15% retaliatory tariffs.
Canada imposes 25% (goods up to 155B)
Meanwhile, also working to remove some sanctions on Russia
View: https://x.com/kobeissiletter/status/1896791464094654768?s=46
View: https://x.com/amritabhinder/status/1896796807679914100?s=46
Not a player in the stock markets at all but a lot in my friends circle are. Discussion moved to why the stock market will cease giving huge returns in the days ahead.The markets are going to weep blood
Trade war has officially started and Tariffs are live now.
Canada - 25% (Energy 10%)
Mexico - 25%
China - 20%
China announces 15% retaliatory tariffs.
Canada imposes 25% (goods up to 155B)
Meanwhile, also working to remove some sanctions on Russia
View: https://x.com/kobeissiletter/status/1896791464094654768?s=46
View: https://x.com/amritabhinder/status/1896796807679914100?s=46
It is also causing a rapid reversal of the fortunes of their conservatives - they were being projected to win a supermajority but have fallen below the majority mark since.Now Canadians seething on reddit is such a pleasure. The same Cancucks who acted mighty during nijjer affair.
Elon Muskrat called Trudeau "Girl" publicly on Twitter. Trump repeatedly calls Trudeau "Governor". Such public humiliation is never seen before.
View: https://twitter.com/jeremykauffman/status/1896238408697299290?s=19
View: https://twitter.com/Noahpinion/status/1896349506779914284?s=19
If this guy continues the way he's going his honeymoon period will be very short lived indeed. What's more he stands a very real risk of being impeached.
This move is aimed to de-dollarize. All of the expenses cut, working capital will be moved in with imaginary crypto coin. The dollar will be devalued. All American debt will be lost with it. Then when things calm down, crypto will be scrapped.It is also causing a rapid reversal of the fortunes of their conservatives - they were being projected to win a supermajority but have fallen below the majority mark since.
Ergo, get ready for yet another pro khalistani shitlib PM just because the orange man would not shut up (at this point, I am tired of abusing him).
Lmao, this is some unique Ponzi scheme.
This move is aimed to de-dollarize. All of the expenses cut, working capital will be moved in with imaginary crypto coin. The dollar will be devalued. All American debt will be lost with it. Then when things calm down, crypto will be scrapped.
America, Europe, Russia, China and Ukraine - All part of the same puzzle.
Everyone except the Europeans knew that they were practically nude when it came to military power. But the idiocy which governs Europe never desisted from giving moral sermons or taking geopolitical positions basis their false sense of self-importance, and security guaranteed by American muscle power.
Now, they don't know what to do.
They're moving around like headless chicken because the unthinkable has happened - Trump has refused to be their bodyguard and now Europeans need to confront the enemy of their own creation, Russia, on their own.
The whole of Europe can't put together 50,000 fighting men and supporting paraphernalia but they want to fight Russia to the last Ukrainian.
As usual, that little bit of island in north Atlantic, Great Britain, is in the thick of this geopolitcal quagmire and deceit. As has been the case since 1945, its is trying to achieve its geopolitcal objectives (keep Russia in check) on the back of the Americans.
The best part is that it can convince the rest of the European nations that their interests also lie in aligning with it, and confronting the Russian Bear.
Now if Trump announces withdrawal of American troops from mainland Europe, except all hell to break lose. Don't fall for the bravado of some idiot European ministers.
As I said earlier, they're nude but didn't know or believe it earlier. Now they know the reality and are very afraid.
As for the Americans, they know that the real challenge, real adversary is China. Russians are neither expansitionists nor do they seek to undermine American interests. For past 15-years, they have been reacting to American encroachment into their sphere of influence, and the desire of Deep State to upend the agreed and established word order.
You leave the Bear alone, the Bear leaves you alone.
But not with the Chinese. Not with the Dragon. The Chinese are on a mission, and that mission is to be number one power in the world. It is the Middle Kindgon complex at play. So, the Chinese will go toe-to-toe with the Americans if needed, they will bide their time if it makes sense, they will partner with the Americans if required but ultimately, they will challenge and aim to dethrone the Americans.
That is the sum total of their whole nation building, development strategy, military strategy and geopolitics.
The Americans would want the Russians to sit this one out, and also keep India on its side. The Europeans, especially the Brits, are dragging US down and taking its focus away from the main challenge.
For the Americans, there are no tangible, long term geopolitical gains from Ukrainian war. And Trump has realized this and now refuses to pay for, and back someone else's objectives at his expense.
@NarenMenon1 @jai_menon @MohalJoshi @ideorogue @sneheshphilip @ShivAroor @VishnuNDTV
Trump’s Trade War
Like it or not, the tariff war Trump has unleashed on Canada as well as on Mexico is to move manufacturing back to US. He will not say it clearly but beat about the bush by blaming Fentanyl or illegals crossing over to US from there. The real purpose is move manufacturing back into America. It may include end of cross border auto & parts manufacturing. He does not care much about disruption. He likes it. He has electoral mandate to back it up.
It is clear assault on people of Canada and their jobs. Same true about Mexico.
This is not surprising, most partially informed and all uninformed observers of the whole conflict have a very Manichean view of the war in seeing it as a situation between an invader and the invaded and don't see a need to venture beyond that narrative convenience to support the obvious victim in that moral crisis. Unless you can provide that nuance in a 30 second insta reel they will not change their opinions on it and I have observed this online with several 'right wingers' too who can't understand why we are laughing at the comedian and his plight.Not per se related to this US News & Discussions -
I have been, for some time, following NDTV/Firstpost/other portals including local language dailies for RU*UA war & now this spat between TrumpVsBegginsky.
Lot of these dailies still follow the previous Lunderican democrat regime talking points.
Today a Mallu daily called Begginsky a hero & so on.
Money might have dried out bet there still exists an "organic bond" between deep state organs & our media.
In fact i am sure many coolies shill out for deep state talking points for free as well.
"BBC is the gold standard for journalism" , "We need to be with the good guys" ....
**
Just go through the X feed of EU chods/leaders/Presidents/PMs - all you see if "muh demoncracy" "muh freedom","we need a new free world leader", "If you are not sucking Begginsky's coke then you are Putin's agent" blah
These are the same bastards who interfered in our democracy,elections & active interfered in our local policies & planted hundreds of media hit pieces.