Tariffs will further shrink the USA market for Chinese products, and Chinese manufacturers will migrate supplies to BRICS and Global South countries. In the long run, tariffs do lower the USA trade deficits with regard to China, but at what cost to USA citizens? That question is still unknown and has yet to unravel. It is early days yet for the shit to hit the fan.
Now USA citizens have discovered Rednote to compare cost of living between the USA and China, before tariifs were raised by Trump. The USA can ban Rednote, but the genie is already out of the bottle. What will be the reaction of USA citizens when tariffs are finally added to their purchases of Chinese goods. It would not be something that they are going to smile about.
There are two scenarios that will be equally devastating for USA citizens. If tariffs are going to be passed to them on products imported from China, USA citizens will suffer, not Chinese manufacturers. If Chinese products are deemed too expensive after tariffs are added, there is the choice of EU products and domestic production touted to be coming on-line, with no guarantee as to when. But those will be equally expensive and how long it is going to take for the USA to be able to produce consumer goods for local consumption is another question. USA citizen's thus have another 'Hobson's Choice', with either choice being equally unpalatable.
I love the concept of freedom without choice. What is freedom about really?
Anonymous
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Trump is desperately trying to find avenues to save costs to fund his tax cuts for the super-rich like himself and Elon Musk. He is cutting Federal spending, dismantling foreign aid body spending, wants to cut USA military spending by half, raising tariffs on every Tom, Dick and Harry. All that gloating about cutting costs is just to fulfil his promised tax cuts for the rich.
The unsaid narrative is that it all comes at the expense of the country's National Security, the burden added to USA citizen's cost of living, the further isolation of the USA even among allies and cronies like India. Trump is really going to be the President to destroy the USA, something he was supposed to have done during his first term according to a prophecy. Is the prophecy coming true?
Did anybody read anything between the lines about J. D. Vance telling the Europeans that their threat is not from Russia or China, but from within? What is his real message and why has the narrative suddenly been changed? Isn't Russia the perennial threat touted by the USA for decades? This has some relevance to the touted cuts in miliary spending by the USA and Vance is just making a speech to fit the USA agenda.
Without all these funding cuts, how is Trump going to fund his tax cuts for the rich? China and Japan are no longer buying USA treasuries to help the USA to print more toilet papers. China in actuality should not be buying USA treasuries or USA assets to help the USA with the means to target China economically and militarily. Helping the enemy is an unproductive gesture, no matter how lucrative the returns may be.
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