If Trump thinks imposing tariffs on China is going to sway the decision of China in allowing Tik Tok to be sold to a USA entity, he is delusional. If I may say so, Trump is openly delusional.
Trump is still trying to fool his base that tariffs will hurt China. Either he is pretending not to know, or he is indeed ignorant about how tariffs actually work. It is an added tax on USA consumers, nothing more. China does not have to foot the tariffs added to USA import of Chinese products but may lose a segment of the USA market. That is all.
If China had no other choice but to rely on the USA market, then tariffs are going to hurt China badly. China already has a big domestic market, has already cultivated an even bigger market inside BRICS and the Global South. This is a market that dwarfs the USA and the EU combined. So, what is the problem with tariffs imposed by the USA? At most China will be deprived of a market of a few hundred million consumers, but there is a bigger market growing outside the USA.
China is not selling highly expensive military toys to USA. China is selling everyday consumer goods to the USA, which is the same commodity needed by BRICS countries and the Global South. What price China sells to the USA is what China sells to BRICS and the Global South countries.
Trump can gloat about increasing tariffs to 1,000%, but I think China is not too worried. It is the USA public that should do the worrying. Chinese manufacturing will still make EVs for US$10,000 and sell it outside the USA. The same with making all other things the same way, at the same cost, and selling at the same price. Are the tariffs imposed by the USA going to make BRICS and Global South countries worried? Think about it!
Anonymous
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What a co-incidence in the Year of the Snake that it is perhaps appropriate to talk about snakes.
Trump is a snake oil salesman, selling the notion that tariffs are going to hurt everybody, most of all China. All along we never hear about tariffs going to hurt the USA consumers, many of whom still have bought into Trump's snake oil argument that tariffs are paid by countries like China. How delusional are the USA voters as well. Enough said!
Happy Lunar New Year everybody!
Trump is telling two million Federal workers to resign now. He is going to cut spending to give to the super rich by cutting their tax. The bottom half of the population will have to foot the rest of the tax cut for the rich by paying more for imports with the added tariffs. More good years for the Trump voters, LOL.
If cutting two million Federal workers is going to work, that probably means those are most of the touted jobs that were gloated to have been created over the last year or two, that fed into the rosy job figures that they bandied about and salivating. This is another big correction on top of the more than 800 thousand jobs they over reported last year. Inventing a lie to cover a lie can never be without consequences.
Now, am I wrong in saying that the cutting of Federal jobs is going to affect firefighters, law enforcement officers and even the military. Right now, the USA is short of firefighters as discovered during the Los Angeles wildfires. It looks like the best alternative had been using incarcerated people to be trained as firefighters on the cheap, in order words paying them 'slave wages' in return for slave labor, while getting rid of normal firefighters needing higher wages.
Now USA criminals going forward have more freedom to do their stuff, if the job cuts take effect, like selling drugs or raiding shopping malls without fear of arrest, if law enforcement cut is going to reduce law enforcement presence. Trump thinks that only immigrants are criminals and deporting them will take care of USA's crime rate. He is indeed delusional.
Many USA citizens are still believing that other countries are going to pay those tariffs. Of course, they have to believe in their President gloating everyday about punishing every Tom, Dick and Harry and their mom with tariffs. But is that the reality?
Explaining how tariffs work to a three-year old kid is honestly easier than to brain-dead and delusional USA citizens. Trump has his work cut out for him with all the brain-dead voters that are as delusional as Trump himself.
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