Xi must be quietly calling it a blessing in disguise if the meeting had indeed been scheduled and now cancelled. Trump had been hoping to pressure China to sell more rare earth magnets to the USA and also to coerce China to help USA farmers by buying more soya beans and corn. Now Xi does not even have to worry about having to talk about it. For a moment, I am beginning to wonder if China is taking a leaf from the USA behavior before any meeting by showing the USA who has the upper hand with further sanctions on rare earth materials before the touted meeting. This clearly shows how desperate the USA is without rare earth magnets for building more weapons to target China in the coming war.
Trump is going to increase another 100% tariffs on Chinese goods. On the one hand Trump is worried about Chinese goods not moving fast enough to the USA and now wanting to increase tariffs further to put a stop to Chinese products. Chinese manufacturers must be shaking in their pants hearing about the 100% tariffs coming. But suffice to say, they have already built new bridges with other countries for their exports and are not waiting for Trump to do the necessary. As I already said many a time before, Trump can increase his tariffs on China to 1,000% and it is not going to move the needle. That is just academic, knowing that the 30% tariff now existing is already killing retailers and punishing USA consumers with the drop in Chinese imports. Trump is realistically just flogging a tariff dead horse.
Anonymous
5 comments:
Good morning All
Xi is using the same tactics as that Dotard by announcing Some adverse news before their meeting.
One comedy video that China imposed 500% Tariffs on UASSA.
The Americunts all in shock and jumping.
Real Retributions.
That's why don't pushed your provocations too far!
When PRCs retaliated you are dead ducks
Also in any Hot or Real Wars, you think China like Putin Special Miltary Operations ah!
China shall annihilate you once and for all.
So better wise up and live longer.
https://youtu.be/LZYdgCAEIuw?si=5HHq7ZX8ljn8A4_N
Russo- Urukiane War now three years.
China -UAss only three days!
When China moved and retaliated FULL FORCE in actions!
Be warned
China's retaliation is incisive, decisive and painful. China hits where it is going to hurt most, not on irrelevant things like football club ownership, operas, movies, and others based on childish tantrums.
Just ask the Australians about their iron ore and seafood exports when it tried to play havoc with China. Just ask the Philippines about their bananas and durian adventure by continuing with its antagonizing moves against China. China just let them have a taste of the Chinese banana and durian market, let them grow as much as they like in anticipation, and then killed the fattened hopes of their farmers. No rhetorics, no shouting, no need the MSM to blare, just clinical killing without having to fire a shot. Mexico is next on China's radar to be taught a painful lesson if it wants to play Russian roulette with China.
Trump is coercing the EU to raise tariffs on Chinese goods, and the Europeans are wary and paranoid about the consequences. The energy sanctions the EU placed on Russia is already destroying the industrial base of Germany. More of tariffs against China is going to sink the German industrial juggernaut into oblivion. Perhaps Trump is rooting for that to happen as he thinks he can benefit from the misery of others, with manufacturing moving to the USA. Fat hope when he is increasing tariffs on imported raw materials that are already crippling USA manufacturing. Why would German companies want any of that is mindless.
Trump honestly has no more cards to play against China and is just using plenty of rhetorics and hysterical moves trying to scare the Chinese. Trump's trade war is bereft of alternative sources to provide USA the products that China exported to them. Trump's tariff war also is a hollow move with no supply chains to back up his plan while China is already fixated on a complete decoupling. What Trump is doing is just increasing more taxes on his own citizens, hurting more of his base rather than hurting exporters from other countries. USA farmers have nowhere else to sell their bumper crops of soya beans and corn without the Chinese market, that has already moved elsewhere. Brazil and Argentina are laughing all the way to the bank taking over the market that was previously the USA farmer's territory.
Countries around the world are moving towards a multipolar world, away from the US$ hegemony and are working towards a faster de-dollarization, without the USA being involved at all. Perhaps ignorance is really bliss. Ironic.
Trump thought he could mount the dragon and control it. Now he is stuck and unable to dismount.
China prepared well in advance with all the counter moves against those that they expected Trump to make, and the Chinese were now ready for the fight.
Post a Comment