That gaslighting about tariff increasing from 35% to 55% against Chinese goods, touted as done deal victory after London, is not going to help. Chinese exporters have now migrated more shipments to ASEAN countries and elsewhere. Who is going to eat those 55% tariffs is not difficult to find out and evident very soon, provided there is even going to be anything to be shipped to USA retailers from China anyway.
That loss of US$500 billion market for China is just about 14% of China's total export of US$3.6 trillion (2024 figures). And in terms of its detrimental effect to China's annual GDP, is just barely 3%. With GDP growth in the region of 4.5 to 5%, that total cutoff is not going to collapse China in any way. Moreover, exports to other regions are going to mitigate the loss of the USA market.
Anonymous
3 comments:
Well, we get all these 'fake' news very often from the main western media + India. Ukraine + India are winning their war as reported not long ago. Tariff are hurting China badly...etc. Just take the news with a spoonful of salt. We are now living in a world of news manipulation. The days of truce journalism is gone and with AI taking over, expect more of disinformation/propaganda to continue to a more dangerous level.
Disinformation or misinformation cannot stand the test of time. At some point or some stage, people will find out and realized they have been lied to.
And when people found out that they had been lied to, do you honestly think they will still swallow more disinformation or misinformation generated from a particular source. I speak not of the USA citizens that are already brain-dead and will continue to swallow the poison pill, just like the junkies lying on the streets of Los Angeles. They cannot be cured.
It does not take much to demolish state sponsored propaganda built up over decades with expensive investments to boot. Sometimes, it just takes a little app like Rednote to overturn the massive propaganda built up over decades. How is the propaganda machine going to deal with it? Banning Tik Tok or Rednote is just going to send a clear message that the truth really hurts, and the USA cannot handle the truth. That makes those who are awake to seek other sources of information that could be more detrimental. Rednote just exposed the lies pertaining to living conditions and cost of living between USA and China more or less. Other apps may expose more harmful political issues.
What about Sinkie Anglophiles?
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