As more trade is diverted away from the USA, the tariff factor is wearing thin. China has shown the world how it is done to counter tariffs. Just move trade away from the USA by exporting less to the USA and Trump can do nothing about it. But to do that, they must first build up markets and alternatives. And the Europeans are taking the cue, hopefully.
There is now a realization that BRICS is becoming more important for the rest of the world than originally envisaged, with trade with the global south moving exponentially forward, particularly in and with Africa. And is all done outside the US$ hegemony. Little by little, the US$ hegemony is being eroded, nothing spectacular, nothing alarming, nothing making headlines and nothing to create chaos.
With the Europeans now making a beeline towards China, those trade deals will obviously be done either in Euros or Yuan and definitely not in US$. And it must be said that those visits are principally all about trade, as China is neither a military threat nor looking to annex any European state, unlike the USA.
This opening up of trade relations by the EU with China and also India is a big problem for the US$ hegemony and hits a raw nerve in Trump. There will be more threats issued, more tantrums thrown and more tariff increases. But all these are making USA's European allies even more convinced that China is turning into a more responsible trading partner than the USA. Unless the USA can take over the whole of Europe, destroying NATO per se, there is nothing Trump can do about it. Even the UK, that was and is a historical hardcore supporter of the USA, is looking towards China for an alternative solution to its economic problem.
Anonymous
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Another entertainment is coming to a theatre near us. No, not the Melania documentary, which is already a flop. Who wants to go to watch a propaganda piece that is going to raise Trump's ego further for boasting.
I am talking about the USA partial shutdown sequel number uncountable, episode number unpronounceable or version number unprintable, and honestly, I already lost count. In the movie kingdom, this must be the longest running sequel in history.
Why is there a need to create such a fluster for the world to see when eventually they just raised the debt ceiling as they like. Just raise the ceiling to another couple of hundred trillion and avoid all the fluster. This is just like its election, where the voter just has to vote for either the right hand or the left hand, knowingly or unknowingly, that both hands are ruling according to the same playbook and singing from the same song sheet as dictated by the Deep State.
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