Trade War heating up

 What they now fear most about their legacies being destroyed, and consigned to history, is the internal combustion engine cars, probably their last legacy left, which is getting killed by EVs.

This will affect ICE vehicle manufacturers in USA, Japan and EU, in particular Germany. We can tell that these three countries realize the consequence of competition from EVs, which China is dominating. And that is why there is all the talk about increasing tariffs to the sky to prevent Chinese EVs from being imported into USA and EU.

Many analysts are saying that even if they increase EV tariffs triple times, Chinese EVs will still be cheaper than Western made ones. So, how could EVs made in USA, Europe and Japan hope to compete in the Global South? Even for their domestic market, they made expensive EVs, impose tariffs on Chinese EVs to make them expensive, and are in fact punishing their own people and forcing them to buy overpriced goods.

Raising high tariffs is the first step of their war against Chinese EVs. Meanwhile, they want to make hay while the sun shines, as those tariffs are additional taxes benefitting the Government of the USA and EU.

China is retaliating. China is investigating dairy products from the EU, targeting EU farmers as a first step. This is going to hurt the EU farmers, just like China raising tariffs on soya bean products from USA at the start of the trade war. China probably has found alternative sources of supply, for example from Russia, and some friendly European states and South American countries. The Chinese think years ahead and act, not on the spur of the moment, and will not be looking back with regret. 

Anonymous

Lighter moment - Sleeping Joe leading G7 to sleep

 It is all hands to the pump for the Whites, having been forced to support the US$ hegemony after Saudi Arabia's historic move not to renew the 50-year pact of selling oil in US$.

The Whites are aware that the loss of the US$ hegemony means the end of their White Supremacist mindset that they enjoyed for the last few decades. They will fight tooth and nail together to sustain the status quo.

But the days of the US$ hegemony is nearing its end, and this really terrifies the Whites, which is why they are standing together to face BRICS de-dollarization moves. But more countries are rushing to join BRICS and there is nothing the USA vis a vis the G7 can do. They can get together every day to talk cock and sing song to their hearts content.

The biggest irony and really laughable outcome of all is that the G7 is being led by Biden who is already gone in the head, behaving more like a walking dead. He even does not have a sense of direction and tends to wander off at odd moments. Where he is leading the G7 and in which direction is a joke.

Like the Pipe Piper of Hamelin Biden is leading the leaders of the G7 into obscurity. Suffice to say, some are already as dumb as a doorknob, like Olaf Scholz and Giorgia Meloni and will follow the crowd.

Anonymous

Scott Ritter - America is not a friend of the Philippines, we don't like you!

 

 

 

Scott Ritter spent 11 minutes telling the Pinoys to wake up from their stupidity and save themselves from being used by the Americans as cannon fodder against China, to be another Ukraine. Would the stupid Pinoys understand this simple message from Scott or choose to believe in their Mickey Mouse fantasy, to want to go to war with China and be like another Ukraine?

Scott Ritter was exasperated telling the Pinoys not to be foolish but knowing that the daft Pinoys would not listen and dying to die for the Americans like the Ukrainians, led by another clown to their own death and destruction.

Trade Wars will end western domination and isolation of US and Europe

 The clowns in Washington and their hybrid in Europe are working day and day to expedite the demise of the American Empire and western domination over the rest of the world. With the flurry of sanctions and trade wars, they are building walls around them to stop trades with China and the rest of the world. Only clowns think this is a great idea, not to trade with the biggest consumer market and the factory of the world

The final result will be the isolation of North America and Europe from the Global South, resulting in the rest of the world surrounding the cities of North America and Europe, a classical guerilla warfare strategy invented by Mao Zedong. The West can trade among themselves, buying and selling overpriced expensive goods and services that are of lower quality or outdated. They can continue to live with 4.5G network and lying to themselves that it is 5G, live with low grade GPS, WW2 train system, internal combustion engine ICE vehicles emitting carbon monoxide and poisonous gases to pollute their cities, and pay extremely high prices for them, sell their agricultural produces, wines and food within their own economic community, no cheap consumer goods from China and the Global South...and using the American dollar and SWIFT banking system.

The rest of the Global South will trade happily among themselves, enjoying the latest technology like 5G/6G, Beidou global mapping system, high speed trains, cheap, efficient, clean and high performance EVs with equivalent efficient and high performing EV batteries, cheap and good commercial aircraft, cheap and good agricultural and consumer products using digital currencies, block chain technology and efficient supply chains, and using Chinese chips, etc etc...a new world of AI, run by AI.

While the West is using the threat of derisking and decoupling to frighten the rest of the world, the latter is working conscientiously to decouple completely from the West, starting with de dollarisation led by BRICS. Nearly 100 countries from the Global South will be meeting BRICS partners in coming summit in Russia. This is about every country in the Global South minus the North American and EU countries.

Once the decoupling is complete, no Global South country will see the need to trade with the American and European states. There is no need to buy super expensive goods and services that are of lower value and usefulness than what they could buy within the BRICS community. The poorer EU countries would not survive for long as they cannot afford to pay for lower quality and super expensive products in the West and would jump ship very soon. No amount of coercion from the Americans and NATO can keep them inside the obsolete western community. They need to leave and join BRICS just to survive and not be bankrupt.

The irrelevant West would be left with just G7 and shrinking to maybe 2 or 3 states in a matter of time. UN would be disbanded and BRICS would assume its place as the new United Nations of the World minus the poor white countries. This is the future to come.

WW3 has started, launched by the West. But it would be purely an economic war. When Russia and China are prepared and able to return the nuclear warheads to the West, no matter how reckless and stupid they are, the clowns in Washington and Europe would know that there is a limit to their savage and aggressive behaviours and actions. 

We are all witnesses to a brave New World of greater equality and fairness and more peaceful without the white savages in charge to make wars to kill and depopulate the world just to control the world for their own benefits. No one in the Global South would be using the US dollar! They have no need for the dollar when they trade among themselves using their own currencies and a new financial system, no more American sanctions. Whither the dollar? This is the brave New World.

 

Picture credit to Cyrus Janssen. The Global South surrounding the American and European world.

American loonies in Washington fleecing American consumers with high tariffs

 What they now fear most about their legacies being destroyed, and consigned to history, is the internal combustion engine cars, probably their last legacy left, which is getting killed by EVs.

This will affect ICE vehicle manufacturers in USA, Japan and EU, in particular Germany. We can tell that these three countries realize the consequence of competition from EVs, which China is dominating. And that is why there is all the talk about increasing tariffs to the sky to prevent Chinese EVs from being imported into USA and EU.

Many analysts are saying that even if they increase EV tariffs triple times, Chinese EVs will still be cheaper than Western made ones. So, how could EVs made in USA, Europe and Japan hope to compete in the Global South? Even for their domestic market, they made expensive EVs, impose tariffs on Chinese EVs to make them expensive, and are in fact punishing their own people and forcing them to buy overpriced goods.

Raising high tariffs is the first step of their war against Chinese EVs. Meanwhile, they want to make hay while the sun shines, as those tariffs are additional taxes benefitting the Government of the USA and EU.

China is retaliating. China is investigating dairy products from the EU, targeting EU farmers as a first step. This is going to hurt the EU farmers, just like China raising tariffs on soya bean products from USA at the start of the trade war. China probably has found alternative sources of supply, for example from Russia, and some friendly European states and South American countries. The Chinese think years ahead and act, not on the spur of the moment, and will not be looking back with regret. 

Anonymous