Trump losing count on his tariffs

Trump's verbal diarrhea is getting worse by the day, talking about imposing tariffs of 25% on countries trading with Iran. I do not know whether it is on top of the current tariffs, which really does not matter. The two countries buying the most oil from Iran are China and India and the 25% tariff threat is totally meaningless. Tomorrow, the chicken will change its crackling sound, just like the weather.

Trump obviously has forgotten about the tariffs already in place against China and India, which are already far above that 25%. The diarrhea is so bad that Trump seems to have forgotten about the tariff percentage already imposed on China, which is certainly more than 25% give and take the duration of the truce. For India, it is already officially at 50%, with another 500% to be imposed for buying more Russian oil. So, what sense can we make over the threat of a 25% tariff to be imposed on countries trading with Iran? The man just plucks numbers from the air and does not know what he is doing or talking about.

As China is deadly serious about decoupling from the USA, Trump is just making the decoupling faster, so what is left of the trade with USA is going to tank. China does not fear tariffs even at 1000% if it does not wish to export to the USA, right? As for India, it is already doomed with the 50% tariff already on. How much can India hope to export to the USA with the 50% tariff in place. It cannot realistically be about removing the 50% and now threatening a 25% tariff in replacement. The only plausible reason may only be that it is a step taken out of Trump's 'Art of the Deal', lol. A foot shooting step that had already been used extensively.

How about the USA also imposing a secondary tariff of 25% on countries now trading with China and India, the two countries doing big deals with Iran? That will really kill off the US$ and encourage de-dollarization even more rapidly.


Anonymous