Trump threatens 100% tariffs on BRICS nations over US dollar replacement plans

[hembo]

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[大汉奸柳传志]

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again, relevance?

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[hembo]

again, relevance?

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You posted Dassault stock, which by the way is up by 50% in last six months, in response to Indian market doing extraordinarily today. I didn't understand the relevance there; hence, I also posted this.

 

[j_hungary]

This "deal" changes nothing, other than US now charging Chinese import 30% (in general) and China is charging the US import 10% instead of 145 and 125. There is no trade concession from China announced or direct investment from China announced which will not change anything it's simply Trump just saying we went too crazy with 145% and if you agree to drop down to 10% we agree to drop it down to 30%, Trump may as well just start at 30% instead of going after 145 to begin with. China did nothing on something Trump start, neither side have literally done anything to the other.

So what is the "big" deal in this deal?

 

[MH.Yang]

This "deal" changes nothing, other than US now charging Chinese import 30% (in general) and China is charging the US import 10% instead of 145 and 125. There is no trade concession from China announced or direct investment from China announced which will not change anything it's simply Trump just saying we went too crazy with 145% and if you agree to drop down to 10% we agree to drop it down to 30%, Trump may as well just start at 30% instead of going after 145 to begin with. China did nothing on something Trump start, neither side have literally done anything to the other.

So what is the "big" deal in this deal?

Within two weeks of the start of the tariff war, the Chinese government quickly signed a soybean deal with Brazil, a North American oil deal with Canada, a beef deal with Australia, and a natural gas deal with the UAE. That means the four largest U.S. exports to China have been completely lost to the Chinese market.

Now China has not committed to increasing imports. Trump's tariff war has brought nothing but a complete zeroing out of U.S. exports to China. But PDF's MAGA is still arguing that Trump has won.

 

[大汉奸柳传志]

This "deal" changes nothing, other than US now charging Chinese import 30% (in general) and China is charging the US import 10% instead of 145 and 125. There is no trade concession from China announced or direct investment from China announced which will not change anything it's simply Trump just saying we went too crazy with 145% and if you agree to drop down to 10% we agree to drop it down to 30%, Trump may as well just start at 30% instead of going after 145 to begin with. China did nothing on something Trump start, neither side have literally done anything to the other.

So what is the "big" deal in this deal?

that is what I said earlier. the deal is basically to recant Executive Order 14259, 14266 on the US side and the matching counter measures on China's side, nothing else changes, that could be why it's reached so quick

although Peter Navarro could be crushing and burning right now

 

[MH.Yang]

that is what I said earlier. the deal is basically to recant Executive Order 14259, 14266 on the US side and the matching counter measures on China's side, nothing else changes, that could be why it's reached so quick

although Peter Navarro could be crushing and burning right now

I'm on the verge of a meltdown as well! After Trump took office, I moved all the money in my account over China Mobile, Yangtze Power and other companies that depend on the domestic market and gold etf. I did make some money a while ago, but it's amazing how quickly Trump capitulated. Now the stocks of all these companies and the gold etf plummeted overnight! The funds all ran off to the exporters again! The Chinese government made a big mistake! They should have used this tariff war to force domestic capital into the domestic demand sector instead of stopping the war with the US and re-exporting!

 

[52051]

 

[52051]

I am really get tired of winning after winning of China, so basically China's century has already arrived now, there is little competition out there, the rest of this century will be very boring, lol.

I would have to stick to watch Chinese football to get a little bit balance from all these winnings come from everywhere everyday.

 

[大汉奸柳传志]

I'm on the verge of a meltdown as well! After Trump took office, I moved all the money in my account over China Mobile, Yangtze Power and other companies that depend on the domestic market and gold etf. I did make some money a while ago, but it's amazing how quickly Trump capitulated. Now the stocks of all these companies and the gold etf plummeted overnight! The funds all ran off to the exporters again! The Chinese government made a big mistake! They should have used this tariff war to force domestic capital into the domestic demand sector instead of stopping the war with the US and re-exporting!

I thought you were in the export business, so this should be good news for you overall, your other investments could have served as a hedge to your main business

Xi is playing it safe. Too safe I would say. when you have the jugular kill, you don't let go of the prey, that simple. But I guess China‘s eyes are on the real prize, which is manufacturing and technological dominance. The higher-ups are clearly not very interested in killing America like we do, which is a shame.

on the bright side, this is also a massive L for the MAGA narrative.

 

[MH.Yang]

I thought you were in the export business, so this should be good news for you overall, your other investments could have served as a hedge to your main business

Xi is playing it safe. Too safe I would say. when you have the jugular kill, you don't let go of the prey, that simple. But I guess China‘s eyes are on the real prize, which is manufacturing and technological dominance. The higher-ups are clearly not very interested in killing America like we do, which is a shame.

on the bright side, this is also a massive L for the MAGA narrative.

I am a foreign trade manager, but I sell carbide. My main products are copper welding rods, diamond sheets, drill bits and so on. These products are mainly exported to Eastern Europe and Russia. Trump has no effect on me, Putin and Zelensky are the enemies of my wallet.

 

[MH.Yang]

I thought you were in the export business, so this should be good news for you overall, your other investments could have served as a hedge to your main business

Xi is playing it safe. Too safe I would say. when you have the jugular kill, you don't let go of the prey, that simple. But I guess China‘s eyes are on the real prize, which is manufacturing and technological dominance. The higher-ups are clearly not very interested in killing America like we do, which is a shame.

on the bright side, this is also a massive L for the MAGA narrative.

I am a foreign trade manager, but I sell carbide. My main products are copper welding rods, polycrystalline diamond compact, drill bits and so on. These products are mainly exported to Eastern Europe and Russia. Trump has no effect on me, Putin and Zelensky are the enemies of my wallet.

 

[Viet]

This "deal" changes nothing, other than US now charging Chinese import 30% (in general) and China is charging the US import 10% instead of 145 and 125. There is no trade concession from China announced or direct investment from China announced which will not change anything it's simply Trump just saying we went too crazy with 145% and if you agree to drop down to 10% we agree to drop it down to 30%, Trump may as well just start at 30% instead of going after 145 to begin with. China did nothing on something Trump start, neither side have literally done anything to the other.

So what is the "big" deal in this deal?

the big deal is
incredible thing has happened.
Trump successfully tricks the chinese.
The US now charges 30 pct, China only 10 pct.
that’s a 20 percentage gap.
why Chinese have agreed to such deal? how is it possible?
most countries including Vietnam only pay 10 pct. Chinese goods will be out priced from US market.

 

[j_hungary]

Within two weeks of the start of the tariff war, the Chinese government quickly signed a soybean deal with Brazil, a North American oil deal with Canada, a beef deal with Australia, and a natural gas deal with the UAE. That means the four largest U.S. exports to China have been completely lost to the Chinese market.

Now China has not committed to increasing imports. Trump's tariff war has brought nothing but a complete zeroing out of U.S. exports to China. But PDF's MAGA is still arguing that Trump has won.

Again, this does not change anything. You can negotiate those deal anytime with or without US tariff, that's the same as saying it change the deficit by unilaterally starting this trade war, I mean is this deal better than the start of the trade war? Yes, because it's 30% now and 145% before, but this deal is not any better than BEFORE the tariff, when both sides have 0% tariff on each other. As I said, this changes nothing to address any issue, why not Trump just start with 30% and say we are not negotiating.

 

[j_hungary]

that is what I said earlier. the deal is basically to recant Executive Order 14259, 14266 on the US side and the matching counter measures on China's side, nothing else changes, that could be why it's reached so quick

although Peter Navarro could be crushing and burning right now

exactly, nothing changes, there are no export control easing or trade adjustment from China or US, Trump may have just started this 30 and China call for 10 and leave it like that.