Wait a little longer and be patient. Let us see what the 145% tariffs on Chinese goods is going to do to the USA voters just a couple of months down the road. Everything is going to cost more than double. 'Hang tough' gloated Trump and wait for manufacturers to move back to the USA to make things for them. No longer cheap, but much more expensive for sure. Let us just sit back and enjoy the soap opera that is going to unfold. In the meantime, Trump and his cronies are ripping off the stock market with his manipulation by making big announcements and immediate U-turns.
China's export to the world is more than US$3.5 trillion, with a 'T', with US$500 billion with a 'B' to the USA. The USA is therefore not the only country that China can export to, and with goods that cheap, who does not want them. Would people navigate towards expensive goods from the USA when manufacturing returns to the USA, not tomorrow, not day after but years or decades down the road? Even cutting off all exports to the USA, which is about 14% of all Chinese exports globally and is not going to collapse China. Markets can be substituted by building up more exports to countries like Africa, South America, Canada, EU, ASEAN and Bangladesh, with the last country now engaging in trade and investments from China on the cards. Xi Jinping is touring ASEAN to snarl a bigger slice of the two-way trade.
This is happening while the USA is preoccupied with cutting trade with many countries with its tariffs and Trump touting about countries having to go to Washington to kiss his arse. How shameful is that to be humiliated so openly. Taiwan is said to be the first to go to Washington to kiss Trump's arse, and seems to be proud of it like an obedient dog, to enjoy the first horrid smell of the stank. Taiwan would then have to tell the world that the smell was 'fragrant and beautiful' which Trump will demand that they announce it to the world, LOL.
Anonymous
3 comments:
The USA is still trying to spin the possibility of inflation rising as a result of those tariffs. Possibility is just the usual denial, and certainty is the more appropriate reality. How could cost of living in USA not expected to rise without all the cheap Chinese goods and all the more expensive stuff from other countries that have been targeted by tariffs, for example steel and aluminum, that goes into almost every household product made in USA and not just cars.
We can expect the Trump administration to keep lying and hoping for a miracle to happen. Manufacturing is not returning to the USA anytime soon and job creation is just a figment of Trump's delusional mind. Any factory owner knows that automation and robotics coupled with AI is the norm in present day manufacturing and not many jobs will be created. On top of that, high cost is not going to make such investments competitive and USA consumers can wait for Trump's manufacturing to return, years down the road. 'Hang tough' is an empty war cry to fool the silly Hillbillies.
During his first term, Trump already had been caught lying tens of thousands of times, and he is not stopping his disgusting bad habit. And he is still swinging his pussy grabbing hands as a reminder of his disgusting trademark. The fact that he could still be elected as President is a testimony of how far the USA has slid into the sewers and what is to become of the USA going forward. Trump is not making America Great Again. He is doing the exact opposite, with some even saying he is making China even greater than ever.
Xi Jinping is calling Asian countries to come together in the face of the deteriorating geopolitical issues. He is hinting that Asian ought to unite to face the Anglo-Saxon agenda that is rising. Oh yes, not forgetting that NATO is expanding into Asia with Japan calling for it, and with Japan now the de-facto leader of the formation of NATO-Asia.
Hi Anon 9.42
Think no more. Japan alreday wise up!
Recently with South Korea and China held their own Economic Meeting.
Alreday been screwed by the UAss felt the pains liao!
Sure merge the economy with China.
Only exception that is Sinking Land.
Die smelly.
PeeAyam still can lamented that the UAss Rules Bssed Orders is fraying and that no good for us.
No good only for you but NOT the Rest lah!
Stupidity still wants to cling to the UAss Mafia Gangsters Rules Based Orders ah?
Real ahem doxxie!
The Japs are the sneakiest people on earth and cannot be trusted. Before you knew it, they are already screwing you from behind, just like the Pearl Harbor event.
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