Trump dubed dumb American voters with more tariffs

 I came across this interesting video on Youtube - Sirant in China, giving a layman explanation of USA tariffs on China titled 'US Tariffs Destroying The Chinese Economy?? Who Does It Really Hurt??'. Take a look.

Most people already knew that tariffs are nothing more than an added tax, not on the manufacturers in China, not on the Chinese Government, but is an added tax to be paid by the end consumers in the USA and also in the EU.

Trump and Biden are blindsiding the USA voters, using this indirect method to screw USA voters, thinking they are just dumb as lampposts and unable to discern the difference between raising taxes and increasing tariffs in the present context. Raising taxes directly is going to ensure they never will get re-elected. Raising tariffs on the pretext of punishing China turns them into heroes to help them get re-elected. The USA voters think this is a great and novel idea to punish China, not realizing they are the ones being punished.

As I always say, China thinks decades ahead and can read the mindsets of USA politicians. China started more than a decade earlier with the BRI, helping poor countries to progress and eradicate poverty by building infrastructures for them, knowing these are the potential markets to come onstream for its cheap products. China is no longer living in fear of what the USA is doing, decoupling or derisking as they put it, as China already has more or less captured a big enough market for EVs alone in South America, Middle East, ASEAN and Russia, with Africa on the rise as well.

You see, taking EVs as an example, the real damage to the USA, EU and Japan is not China losing its EV market in these three regions and getting hurt badly. The real damage coming up is these three latter countries going to lose all the other vehicle markets in South America, Middle East, ASEAN and Russia and soon Africa. These markets for China EVs will more than make up for the loss of the USA and EU market. That is going to hurt not just the end consumers of EVs, but also hurting car manufacturers of those countries as well and will lead to job losses without a doubt. Then they will again blame China for stealing their jobs, when it is the USA Government that caused all the misery itself. A self-inflicted suicidal move. 

Anonymous