China is the winner ?
When all countries are imposed with 10% base rate but China is imposed with 34% based rate and China is the
@winners ?
You mean the higher the percentage and the more successful the country ? Then China is the
@winners
If that is the case, Gan Kim Yong must ask USA to impose 40% tariff on Singapore goods because Singapore also want to be the
@winners , better than China 30%
Why do you conclude so early? This trade war fight is just at the beginning stage now. 30% tariff for the US consumers is still hell of a lot. Inflation will set in and their people will sure to protest again. Just watch this space.
Nothing had worked out in USA ‘s favour. All the promises like the world begging for mercy, the manufacturers clamoring to bring their products back to the USA, the 90 deals in 90 days, the investors rushing to invest in the USA, the hundreds of new factories, etc, NOTHING. The only thing Trump has achieved is that other countries are making deals with each other, pulling away from the USA, alienating allies, and making the world think the USA has gone bonkers.
China has other alternatives to fight back. Their Treasury rates are low, their citizens' savings are high, they had been through 3 years of Covid with similar factories closures and stopped work, but they are still surviving pretty well today, that country is an authoritative regime where nobody dares to retaliate against the CCP, unlike America. Last of all, they still have Asia and Europe to sell their products albeit with restricted conditions and yields. Trump is going against the whole world with his tariffs implementation, whilst China is only against the US, so you tell me who will eventually win? Common sense will prevail if you still have any.
Trump only has his own agenda in his mind. He would rather ensure all his own, and his family's, present and forthcoming investments in the Middle East will turn successful and would probably even offer to kiss the Arabs' arses in order to fulfill this achievement. He's eagerly waiting for that bitch Pam Bondi to give him the green light to take acceptance of his BOEING 747 present from
Qatar, the key financial supporter of the Palestinian militant organization Hamas, not only for his present own use, but also after he will step down as he had already said that it'll eventually go into his own Presidential Library.