Someone just blinked over the tariff war, but it was not China. Xi did not go to Washington to kiss Trump's arse, yet Trump is already removing his added tariffs on laptops and electronic equipment from China and everyone else. The world should take the same stand against the USA bully and not cave in, taking the cue from China. The USA needs China and the rest of the world more than what the world needs from USA. The US$ is toxic and the world does not need a weaponized currency that could be used against them next.
Trump himself will cave in when reality hits, like the pressure from USA companies hitting him like a bolt of lightning to wake him up now. Many companies will face bankruptcy operating in China and USA and needing Chinese parts and raw materials to make their products. Any increase in tariffs by doubling their price is insane. So, will it be spun into so much winning already that Trump is very generous to grant relief to China? Or should we say that Trump is now caving in to China as many have been saying.
I am waiting to hear who among the 50 touted to be queuing up to kiss Trump's arse are going to do it, besides Taiwan. Is Taiwan representing the 50 touted so far, just like the two thousand surveyed in ASEAN as representing all the more than 600 million in ASEAN who wants the USA to be around ASEAN instead of China.
It will also be interesting to see how the negotiations are to be conducted with the Penguins and seals on a remote island, if they are also among the 50 countries waiting to kiss Trump's arse. The USA will probably need Penguin from the Batman movie to come out to do the negotiating, LOL.
I think the 'kiss my arse' comment is putting countries off, not to be seen as dogs kissing their master's bottom or even licking it. Some are probably ashamed to be designated as arse kissers and being humiliated like animals.
Anonymous
6 comments:
Seals have big sharp teeth so when they kiss Trump’s arse, it'll be much more. Is the orange bankrupt ready for that?
Trump eats, sleep and dreams about China approaching him and begging to negotiate. It is not going to happen and by repeating it will not make it happen either. Xi is now busily building more bridges than thinking about negotiating with Trump. It is driving Trump insane. The joke has gone too far.
Do we still remember that Trump also kept repeating that Mexico will pay for the wall during his first term. Who really paid for the wall? The whole world knows that Mexico did not pay for that wall. Trump also kept repeating that he will bomb North Korea to the stone age if Kim Jong Un did not comply with his de-nuclearization threat. Did Kim Jong Un de-nuclearize? If not, what did Trump do? Nothing! Absolutely nothing!
Trump kept gloating that he is bringing manufacturing back to USA using his tariff weapon and repeating this to support his arguments. Most analysts are saying that this is just a fanciful pipe dream that can never be fulfilled, an empty promise he made since his first term. In fact, the opposite is true with companies like John Deere moving a large part of its production to Mexico due to cost factors. And costs will be the decisive factor that those companies intending to move production to the USA will have to think carefully about. In addition to that, tariffs are going to inflate costs even more. With no plans, strategy, control of raw materials, supply chains to match, all that gloating is going nowhere.
Now the Chinese are making fun of Trump by making AI generated videos of the type of jobs that the Chinese were accused of stealing and which Trump is asking to be returned to the USA. Those were just sweatshop jobs that were pushed to China to benefit USA investors trying to make bigger profits. The Chinese 'peasants' were at that time hungry, prepared to endure hardship, prepared to work hard and bear with the humiliation. Today, Chinese manufacturing has come a long way with automation and robotics coupled with AI and needs fewer workers to run factories.
Trump can take such jobs to the USA for his MAGA base. But the obese MAGA voters are in no position to want to work in such sweatshop environment, having enjoyed the easy life afforded by the money printing mindset and waiting to exchange their toilet papers for the products made by 'peasants'.
Never underestimate the peasant class, like farmers who worked in the fields. Countries like Japan knows how important farmers are, especially in providing rice growing sufficiency, and is even subsidizing the sector to keep it relevant. Unfortunately, with a declining population this is becoming a problem for Japan to maintain interest in this sector. Without the contribution of 'peasant' farmers everywhere, life would not be the same, no matter how many millions of dollars people are making in those big banks, multinationals and Wall Street.
We Chinese are always reminded to honor and be thankful to our parents, teachers, farmers and last but not least our benefactors or those who have helped us in times of difficulty.
The removal indicates backtracking. The attempt at damage control indicates confusion.
Trump administration is now more confused than those being tariffed. Even the Penguins are confused about tariffs on their ice.
I think Trump need to walk back on tariffs on those Penguins.
As Trump gets more anxious and not having elicited a call from Xi, he is raving mad and raising the tariffs to 245% on Chinese goods. Trump is really going over the edge.
China knows this is a meaningless figure and academic, as any tariff above 100% will raise prices to double and products are not going to be saleable anymore. This is as good as forcing China not to sell anything to the USA at all, which China is going to oblige. China has already made up its mind to de-couple completely from the USA and is ready for it. Who is going to suffer more? USA consumers of course, with no alternatives to turn to. Chinese manufacturing has the alternative to sell to the Global South and BRICS countries.
According to a survey carried out at the World's largest wholesale market, the Yiwu Market, with 80,000 shops where it was claimed it will take a shopper three years to visit every shop inside at 5 minutes per shop, the mood was totally calm and collected, with vendors hardly fazed by the tariffs. Most vendors brushed aside the tariffs and are not unduly worried about losing the USA market. Most are saying that it is just a matter of shifting sales to other markets outside the USA. That is how confident these Chinese businesspeople are, where overcoming setbacks is built into their DNA.
In some countries, a few days of rain ruining business will result in complaints and soliciting for help. You know what I mean?
Post a Comment