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Trump pauses some reciprocal Tariffs for 90 Days, Raises China Tariffs to 125% [Update@post270]

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Cricket Warrior

Thread 'Trump pauses some reciprocal Tariffs for 90 Days, Raises China Tariffs to 125% [Update@post270]'

President Donald Trumpsaid on Wednesday that he would impose a 10% baseline tariff on all imports to the U.S. and higher duties on dozens of other countries, including some of the United States' biggest trading partners, deepening a trade war that he kicked off on his return to the White House.

The sweeping duties would erect new barriers around the world's largest consumer economy, reversing decades of trade liberalization that have shaped the global order. Trading partners are expected to respond with countermeasures of their own that could lead to dramatically higher prices for...
 
Tariffs on China set to rise to at least 104% on Wednesday, White House says

President Donald Trump is set to impose an astounding 104% in levies across all Chinese imports on Wednesday, White House Press Secretary Karoline Leavitt announced on Tuesday. This comes on top of Chinese tariffs that were in place prior to Trump’s second term.

China was already set to see tariffs increase by 34% on Wednesday as part of Trump’s “reciprocal” tariffs package. But the president tacked on another 50% after Beijing didn’t back off its promise to impose 34% retaliatory tariffs on US goods by noon Tuesday, adding an additional 84% in duties.

Earlier Tuesday, China’s Commerce Ministry said it “firmly opposes” the additional 50% tariffs on Chinese imports, calling it “a mistake upon a mistake.” The ministry vowed to escalate its retaliation on US exports.

US stocks, which soared Tuesday morning, began moving lower off Leavitt’s comments. The Nasdaq and S&P 500 dipped into negative territory, while the Dow remained positive around 2:30 p.m. ET.

“Countries like China, who have chosen to retaliate and try to double down on their mistreatment of American workers, are making a mistake,” Leavitt told reporters on Tuesday. “President Trump has a spine of steel, and he will not break.”

“The Chinese want to make a deal, they just don’t know how to do it,” she added. She declined to share what, if any, terms Trump would consider to lower tariffs on China.

Trump initially imposed a 10% tariff on all Chinese goods in February, with no exceptions, tying it to the country’s alleged role in aiding illegal immigration and getting fentanyl into the US. Last month, he doubled those rates.

China was America’s second largest source of imports last year, shipping a total of $439 billion worth of goods to the US, while the US exported $144 billion worth of goods to China. The mutual tariffs threaten to hurt domestic industries and are poised to result in layoffs.


 
Cricket Warrior said:
Tariffs on China set to rise to at least 104% on Wednesday, White House says

President Donald Trump is set to impose an astounding 104% in levies across all Chinese imports on Wednesday, White House Press Secretary Karoline Leavitt announced on Tuesday. This comes on top of Chinese tariffs that were in place prior to Trump’s second term.

China was already set to see tariffs increase by 34% on Wednesday as part of Trump’s “reciprocal” tariffs package. But the president tacked on another 50% after Beijing didn’t back off its promise to impose 34% retaliatory tariffs on US goods by noon Tuesday, adding an additional 84% in duties.

Earlier Tuesday, China’s Commerce Ministry said it “firmly opposes” the additional 50% tariffs on Chinese imports, calling it “a mistake upon a mistake.” The ministry vowed to escalate its retaliation on US exports.

US stocks, which soared Tuesday morning, began moving lower off Leavitt’s comments. The Nasdaq and S&P 500 dipped into negative territory, while the Dow remained positive around 2:30 p.m. ET.

“Countries like China, who have chosen to retaliate and try to double down on their mistreatment of American workers, are making a mistake,” Leavitt told reporters on Tuesday. “President Trump has a spine of steel, and he will not break.”

“The Chinese want to make a deal, they just don’t know how to do it,” she added. She declined to share what, if any, terms Trump would consider to lower tariffs on China.

Trump initially imposed a 10% tariff on all Chinese goods in February, with no exceptions, tying it to the country’s alleged role in aiding illegal immigration and getting fentanyl into the US. Last month, he doubled those rates.

China was America’s second largest source of imports last year, shipping a total of $439 billion worth of goods to the US, while the US exported $144 billion worth of goods to China. The mutual tariffs threaten to hurt domestic industries and are poised to result in layoffs.


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China should impose 500% tariff on USA.

:qdkcheeky
 
Orange lunatic has gone crazy, is worse than Biden. They’re all as bad as each other. Lets hope China becomes global superpower sooner and tames the yanks. The world needs Chinese expertise and forward thinking, for betterment and fast development.
 
Tariff is good when done correctly but what Trump is doing is childish tantrum.

Trump voters may learn many harsh lessons by the time he is done with his presidency. :inti
 
Red-Indian said:
In the medium to long term, neither China nor the US can win this trade war. International trade imbalances in goods and services are far too complicated and deep-rooted to resolve with such a blunt weapon as tariffs.

In the short term, which side will win and which will be forced to back down will very much depend on how much pain they're willing to inflict on their own populace.
- China is more dependent on this trade but it has the advantage of being able to ruthlessly suppress dissent internally. They'll have to take down factory activity to peak-Covid levels which will be very painful but they do have experience of handling it. They control public media and state media. The pressure will build (as it did in Covid lockdowns) but they are used to bring brutal in crushing it
- The US is less dependant on the trade but on the other hand, the US population is very used to not being denied anything. The litmus test will be in 3 months when there'll be severe shortages of stuff like cellphones, toys, shoes etc. Can Trump manage the blowback? He'll have to create an atmosphere of near war to get Americans to be willing to sacrifice. Even that may not be enough with roughly half the country hating him and his policies.

Some element of recession is now virtually certain. Only question is how long and how deep.
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It's not about who wins or loses. US is now viewing as a threat to national security. Trump saw that during Covid when China didnt send any masks and lost the following election. Trump doesnt want to be at China's mercy again ever. This is more a negotiation tactic to get China to agree to modify the trade imbalance and the tariffs imbalance.
 
rpant_gabba said:
Let me see, was bush a liberal? Dem? nope.

Nah Obama was stuck with conservative idiocy both in the foreign policy and the economic front. There was a different kinda republicans helping things: the tea party. Prelude to MAGA morons

Becos handing out tax cuts to billionaires is great policy decision.

What exactly did the country get for the tax cuts of Bush and Trump? list it.

Oh I forgot, trump is different kinda republican who was elected by the same people who voted for Bush
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Did I say Bush was a lib?? Did I say I ever supported Bush ?

Obama had 8 years to fix . He didnt do anything. Just the same hope, cloud, dream speeches. All words and no action. But he was very sauve that way.

Obama in a interview accepted even taxing all billionaires 100% will only reduce any deficit by less than 1%. So when asked how that helps - its good optics for a starting point. Non issue in my opinion.

Again , non issue. A drop in the ocean. Good optics , each party supporting their fund raising base thats all.

Yes, for sure Trump is a different Rep absolutely. Go check the Trump- Jeb Bush debates. He hammers George and Jeb Bush in those. The first Rep prez in 20 yrs to get a popular vote mandate. That itself should say something
 
sweep_shot said:
American market is crashing. @deltexas doesn't know what he is talking about. :inti

Just ask @Champ_Pal or other American posters.

It is indeed damaging America. But, the orange turd only thinks about himself I guess.
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Crashing where ?? Yes, some short term pain sure but this is a long term policy shift. US views China as a threat to its national security, so will act accordingly.
 
DeadlyVenom said:
Dont you think the meltdown is equally big in America.

This seems like a suicide bombing type of economic policy. Yeah the "enemy" will hurt but America appears to be kiliing itself in the process.
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Meltdown is more with CNN, MSNBC. The US will be fine. The China threat had to be handled sooner or later.
 
rpant_gabba said:
As in, you got a green card from India directly? first time I'm hearing about it.

Funny most of the FOB citizens came on a student F1 visa, transitioned to an H1 and to a green card.

Of course, those who are good enough can get a green card a student for their grad school work

You sound like someone cheered on Bush Jr. did you vote for Gore and Kerry? if not, you no right to whine.

Sure, two wars and economy in meltdown is what Obama got. left the country in better shape than he inherited. conservatives F it up and its the dems fault.

Becos he came in such a peaceful time. i remember a couple of things.. gee whiz what are they. Yes, a world wide pandemic

Guess who are the morons who always bring deficit as a topic to ***** and moan about.
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Yes, you should look it up.

And I dont know the details of the non-immigrant visas details.

As I said before, hated Bush Jr. Voted him the 1st time , next time voted for Kerry.

So what did Obama do?? Did he end thewar ? No. He sent more troops. Bush messed up the economy and thats why his and his family's political career is finished. Every prez has increased the US deficit.

And what did Biden do?? Caused inflation, interest rates to 10-12% , supported Ukraine war and wasted billions of US dollars ( started another proxy war) . Whiz kid he was yeah right !

As usual , its the ultra left wing MSNBC, CNBC, CNN.. Nothing new there
 
Bhaag Viru Bhaag said:
India should learn from China and stand its ground, but that is clearly too much to expect from a spineless BJP and Modi. :facepalm :inti
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China is world’s biggest human experiment factory. It’s not a real country and before you ask Bharat to be like China, know the way China deals with Muslims or any extreme religious groups for that matter in their country.

Bharat for its flaws, our governments are still very humane compared to China where nobody can protest or oppose the government.
 
deltexas said:
Looks like the EU has already caved and wants 0 for 0 tariffs. So, what do folks have to say about this ??

www.theguardian.com

EU offered ‘zero-for-zero’ deal to US weeks before tariff announcement

Cars and other goods were to be included, according to EU trade commissioner, who says offer is still on table
www.theguardian.com www.theguardian.com
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They will fold.

It’s simple.

USA is not only the biggest consumer market in the world, they pay the best price as well. To export to USA is every manufacturing / services company’s dream.

There are so many exporting companies whose entire profitability stands on USA exports because of high margins. If they can’t export to USA, yes they will continue to sell everywhere else but the profits just cannot match the US exports. Not even Europe. Japan is up there value wise but their size cannot match USA.

Any person who thinks the world can boast Americans by taking their business elsewhere is living in a grand delusion and doesn’t understand why Americanis able to flex like that and make the whole world dance.

It’s the same thing BCCI does in Cricket again and again and gets away with it every time because of the massive power inequality and so i wonder at least the cricket fans should be able to understand this.

China is not even a country. They don’t give a damn a if a million people go jobless there.
 
Bhaijaan said:
China is world’s biggest human experiment factory. It’s not a real country and before you ask Bharat to be like China, know the way China deals with Muslims or any extreme religious groups for that matter in their country.

Bharat for its flaws, our governments are still very humane compared to China where nobody can protest or oppose the government.
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Folks dont realize how much of an authoritative country China is. If Jack ma can disappear, that should tell you something ! This is more than tariffs, its about dealing with China threat from a national and global standpoint. US and Ind are 2 nations that absolutely recognize this. No wonder there was such bonhoime b/w Trump/Vance & Modi recently when Modi met Trump in the US. And a stunning fact - Trump has forget about meeting , he has yet to even "talk" to the Chinese Prez
 
IMG_0059.jpeg

Yes go sell to Europe who are so broke they can’t pay top dollar (sorry Euro) anymore.

Go to Latin America, who don’t pay on time.

Go to everywhere else and keep fighting a price war with no lucrative profit margins, uncertain business practice where they change supplier every year to save tiniest money, give you anxiety with delayed payments.

America which buys the biggest volumes, pays the best price, pays on time, doesn’t change supplier easily. It has always been the dream buyer.

You have to be from an export oriented company to understand America’s value in international trade.
 
Bhaijaan said:
They will fold.

It’s simple.

USA is not only the biggest consumer market in the world, they pay the best price as well. To export to USA is every manufacturing / services company’s dream.

There are so many exporting companies whose entire profitability stands on USA exports because of high margins. If they can’t export to USA, yes they will continue to sell everywhere else but the profits just cannot match the US exports. Not even Europe. Japan is up there value wise but their size cannot match USA.

Any person who thinks the world can boast Americans by taking their business elsewhere is living in a grand delusion and doesn’t understand why Americanis able to flex like that and make the whole world dance.

It’s the same thing BCCI does in Cricket again and again and gets away with it every time because of the massive power inequality and so i wonder at least the cricket fans should be able to understand this.

China is not even a country. They don’t give a damn a if a million people go jobless there.
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Its not about boasting or anything, its just the reality. Africa has 1.5 Billion but that doesn't mean much. The American consumer market is larger than the EU , China, Japan, UK COMBINED.

List of largest consumer markets - Wikipedia

en.m.wikipedia.org en.m.wikipedia.org
 
Trade concerns won’t be solved overnight, top Trump official says

President Donald Trump’s US Trade Representative Jamieson Greer on Tuesday defended the administration’s expansive tariffs, saying that its concerns would not be resolved overnight, and in at least one case, the tariffs were about “running up the score.”

Greer’s comments came during a routine hearing with the Senate Finance Committee, which happened in the wake of the stock market’s mass selloff triggered by Trump’s sweeping tariff plan. Starting Wednesday, all countries’ goods will be subject to a minimum 10% tariff, with rates much higher for 60 countries, which the administration deems the “worst offenders” in terms of trade barriers.

Greer affirmed that those tariffs will go into effect on Wednesday and said that he’s not concerned with the stock market’s turmoil, which has amounted to trillions of dollars in market value wiped out in just a few days.

“I know everyone’s concerned about Wall Street. I’m just concerned about Main Street,” he said.

“Our large and persistent trade deficit has been over 30 years in the making, and it will not be resolved overnight,” Greer told the Senate Finance Committee during a routine hearing. “But all of this is in the right direction, particularly as we start to negotiate with these countries.”

Greer said the president’s “strategy is already bearing fruit” and that nearly “50 countries have approached me to discuss the President’s new policy and explore how to achieve reciprocity.” He added that “many” of them have signaled that they don’t plan to retaliate against the United States.

During the hearing Sen. Ron Wyden of Oregon, the Democratic ranking member of the committee, decried Trump’s sweeping tariffs and said he is introducing a new resolution “to end the latest crop of global tariffs that are clobbering American families and small businesses.”

“The Trump aimless, chaotic tariff spree has proven beyond a doubt that Congress has given far too much of our constitutional power on international trade over to the executive branch,” Wyden said. “It is time to take that power back.”

Non-trade barriers take the spotlight

Throughout the hearing, Greer pointed to the prominent role that so-called non-trade barriers are playing in Trump’s trade policy, one of them being foreign countries’ regulations that he said are rooted in “fake science.”

Greer told the committee that India has stringent restrictions around imports, which he claimed are based on “fake science” and are being used “to block our imports.” He also pointed to Australia having “barriers to the export of beef from the United States.”

American beef is not officially banned in Australia, but the Australian Bureau of Statistics says that none has been imported into the country since 2005.

“And it’s not just beef,” Greer said. “Australia also blocks on… fake science grounds the export of fresh and frozen US pork, so it’s incredible that they do this. We have zero exports of the fresh and frozen US pork to Australia.”

The US Department of Agriculture last year said that “the US has reestablished itself as Australia’s primary source of pork imports in the first half of 2024.”

In a contentious exchange with Sen. Mark Warner of Virginia, Greer said that new tariffs on Australia are warranted despite the country having a $17.9 billion trade surplus with the US, as of 2024.

He said “that tariffs on Australia are necessary because “we’re addressing the $1.2 trillion deficit, the largest in human history that President Biden left us with, we should be running up the score in Australia.”

Australia and the US have a free trade agreement in place, but “despite the agreement, they ban our beef, they ban our pork,” Greer said.

Warner said that “the lack of trust from friends and allies based upon this ridiculous policy that goes into full effect at midnight tonight is extraordinary.”

Meanwhile, some Republicans, such as Sen. Marsha Blackburn of Tennessee, praised the administration’s focus on addressing non-tariff barriers.

Several Democrats throughout the hearing mentioned the stock market’s decline after Trump announced his tariffs last week. Greer said he’s not concerned about that.

Stocks regained some ground Tuesday morning, after they plummeted in the prior three trading sessions. Those declines wiped out trillions in just a few days.

SOURCE: https://edition.cnn.com/2025/04/08/business/us-trade-representative-trump-tariff-senate/index.html
 
deltexas said:
Looks like the EU has already caved and wants 0 for 0 tariffs. So, what do folks have to say about this ??

www.theguardian.com

EU offered ‘zero-for-zero’ deal to US weeks before tariff announcement

Cars and other goods were to be included, according to EU trade commissioner, who says offer is still on table
www.theguardian.com www.theguardian.com
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Unfortunately, this will solve nothing. EU tariffs on non-agricultural Good imports from the US already average 1 to 2%. Of course the tariffs on Automotives are 10%.

Making both 0% is neither here nor there. The US doesn't make enough products for the EU to import yet. Forcing on the agricultural side is a lot more tricky. Farmers are a very powerful political force in Europe and there's likely to to be huge social unrest if they lose protections. You're asking for politicians to be willing to let their governments fall. As is typical of politicians they're likely to think short-term and get into a tariff fight rather than face street protests and lose power.

China's a more peculiar case. As I said earlier, it depends on how much pain they're willing to take. They know the US will suffer massive inflation from the 50% (or is it 100% now? Who can keep track?) tariffs on the $500Bn of goods they buy from China. They may be making the bet there'll be rioting on the streets when people can't afford their new iPhones or Nike sneakers. Of course they'll suffer too but they know they can hold on for a while (maybe a year?) by ruthlessly suppressing dissent from the huge unemployment they'll see. Here's an decent explanation from the Economist - Why China thinks it might win a trade war with Trump (Paywall)

Countries like India, Vietnam etc. who see the opportunity will cave quickly - buy American military equipment, drop tariff/non-tariff barriers etc. With the big boys, we're set for an exciting game of chicken over the next few months. The side-effects will be very painful especially for the poorest.
 
Trump imposes new tariffs on dozens of partners, sparking fresh market turmoil

The US and China are heading towards an all-out trade war, after Donald Trump unleashed a fresh wave of tariffs against dozens of partners that triggered a fresh day of stock market turmoil on Wednesday.

Despite the market chaos, China’s government was unbowed, reiterating threats of further countermeasures and saying it was unwilling to fight a trade war but “will never sit idly by and watch the legitimate rights and interests of the Chinese people be damaged and deprived”.

The global economy has been rocked since sweeping 10% US tariffs took effect over the weekend, prompting dramatic market sell-offs worldwide and sparking recession fears.

Rates on imports to the US from dozens of economies rose further from 00.01 EST (05.01 BST) on Wednesday, with tariffs imposed on Chinese products since Trump returned to the White House reaching a staggering 104%. The new tariffs imposed on 57 target countries, territories and blocs include rates of 20% on the EU, 26% on India and 49% on Cambodia.

European markets slumped again in early trading on Wednesday morning, as the major indices fell in the UK, Germany, France and Spain. London’s FTSE 100 dropped by 2.2% after opening, reversing most of Tuesday’s gains. In addition, Germany’s Dax index fell by about 2.3%, France’s Cac 40 slumped by 2.4% and Spain’s Ibex was 2% down.

The falls followed another tumultuous day on some Asian markets. Japan’s Nikkei benchmark index closed down almost 4%, while Taiwan’s benchmark stock index was 5.8% lower. Hong Kong’s Hang Seng index recouped some earlier falls to close 0.4% down, and South Korea’s Kospi 200 index dropped by 1.8%.

However, China’s stock markets rose, appearing to weather the storm after government interventions. The SSE composite index in Shanghai ended the day 1.1% higher, while the Shenzhen SE composite rose 2.2%.

Top officials from China’s government and banking sector were expected to hold a high-level meeting as early as Wednesday to discuss further measures to boost the domestic economy, stabilise markets and increase consumption, Reuters reported.

Beijing also released a lengthy white paper setting out its grievances and warnings over the US-China trade relationship.

Oil prices fell for a fifth day in a row on Wednesday, to the lowest level in four years, since February 2021, over concerns that a global trade war would dampen demand and dent economic growth.

The new tariffs are tailored to specific countries based on a formula that has been criticised by economists that divides trade in goods deficit by twice the total value of imports.

“President Trump has a spine of steel and he will not break,” the press secretary, Karoline Leavitt, said on Tuesday. “And America will not break under his leadership.”

US stocks dropped on Tuesday for a fourth straight trading day since Trump’s tariffs announcement last week, with the S&P 500 closing below 5,000 for the first time in almost a year.

Several governments announced interventionist measures, including Taiwan, which pre-authorised emergency stabilisation funds for the stock exchange. Seoul announced a $2bn (£1.6bn) emergency support package for its auto sector, including financial support, tax cuts and subsidies. Trump’s 25% tariffs on imported cars and light trucks is expected to have a significant impact on Korea’s industry.

New Zealand’s central bank cut interest rates citing US tariffs, saying “uncertainty about global trade policy (has) weakened the outlook”.

The harshest tariffs have been reserved for China, with successive waves bringing the total to 104% on all Chinese imports. Beijing showed no sign of stepping back, releasing a white paper on Wednesday that says Trump’s actions “will ultimately backfire and make the US a victim of its own misdeeds”.

The white paper says it is “normal” for China and the US to have “differences and frictions” in trade and that mutual success was an opportunity not a threat. The lengthy document then launches into pages and pages of criticisms, however.

It accuses the US of abusing trade levers to suppress China, and of failing to meet obligations under numerous agreements including the phase one trade deal signed during Trump’s first term, and of “systematically escalated economic and other forms of pressure against China”.

It says: “Trade wars produce no winners, and protectionism leads up a blind alley.”

Trump believes his policy will revive the lost manufacturing base by forcing companies to relocate to the US. But many business experts and economists question how quickly – if ever – this can take place, warning of higher inflation as the tariffs raise prices.

Scott Bessent, the US Treasury secretary, said the new tariffs were at “maximum” levels, and expressed confidence that negotiations would bring them down.

“I think you are going to see some very large countries with large trade deficits [with the US] come forward very quickly,” he told CNBC, the financial news network, on Tuesday. “If they come to the table with solid proposals, I think we can end up with some good deals.”

Trump was asked on Monday whether the tariffs set the stage for negotiations with countries or were permanent. “Well, it can both be true,” he told reporters. “There can be permanent tariffs, and there can also be negotiations.”

Trump claimed on Tuesday that the US was “taking in almost $2bn a day” from tariffs. At an evening speech to Republican lawmakers, Trump said he would soon announce “major” tariffs on pharmaceutical imports, arguing that the duties would push drug companies to move manufacturing operations to the US.

The administration has scheduled talks with South Korea and Japan, two close allies and major trading partners, and the Italian prime minister, Giorgia Meloni, is due to visit next week.

“These are tailored, highly tailored deals,” Trump said at a White House event. “We’ve had talks with many, many countries, over 70, they all want to come in. Our problem is, can’t see that many that fast.”

Trump’s top trade official, Jamieson Greer, told the Senate that Argentina, Vietnam and Israel were among those who had offered to reduce their tariffs.

Trump originally announced a 34% additional tariff on Chinese goods. However, after China announced its own 34% counter tariff on American products, he vowed to pile on another 50% duty. Counting existing levies imposed in February and March, that would take the cumulative tariff increase for Chinese goods during Trump’s second presidency to 104%.

On China’s social media, the tariffs made up half of Weibo’s daily trending topics on Wednesday. Users mocked the US and its egg shortage, with some accounts sharing pictures of empty shelves in US supermarkets. “If you can’t even handle an egg, why are you fighting a trade war?” one user wrote.

Weibo users also discussed the prospect of Apple iPhones rocketing in price because of the tariffs, with several people saying they would switch to using phones made by the Chinese companies Huawei or Xiaomi.

Influential Chinese bloggers have also suggested that China could restrict the import of American poultry and eggs as a countermeasure in the trade war, which would be a further blow to US farmers.

On Tuesday, Rachel Reeves, the UK chancellor, sought to ease concerns about market volatility, telling parliament she had spoken to Andrew Bailey, the governor of the Bank of England, who confirmed “markets are functioning effectively and that our banking system is resilient”.

A trade war “is in nobody’s interest”, Reeves said, confirming that the UK was seeking to negotiate a new deal with the US. Trump has imposed a 10% tariff on UK exports, in line with the minimum benchmark introduced at the weekend.

The EU has sought to cool tensions, with the European Commission president, Ursula von der Leyen, warning against worsening the trade conflict in a call with the Chinese Premier, Li Qiang.

Von der Leyen stressed stability for the world’s economy, alongside “the need to avoid further escalation”, an EU readout said.

The French president, Emmanuel Macron, called on Trump to reconsider, adding if the EU was forced to respond “so be it”.

SOURCE: https://www.theguardian.com/busines...-of-tariffs-against-dozens-of-countries-china
 
deltexas said:
Its not about boasting or anything, its just the reality. Africa has 1.5 Billion but that doesn't mean much. The American consumer market is larger than the EU , China, Japan, UK COMBINED.

List of largest consumer markets - Wikipedia

en.m.wikipedia.org en.m.wikipedia.org
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Consumer market won't matter if there is a recession and Americans get poorer without china things will be much more expensive

And industry will never come back to the usa there's a reason why many of their companies struggled in the 80s and everything got outsourced they couldn't simply compete with china , bethlehem steel went bankrupt.

It's same with uk it could never compete with Japanese or germans hence why they auto industry collapsed
Example are 2 Same family of cars Vauxhall and opel, Germany made opel a success story , whilst Vauxhall was nothing but problems

And now with green technology and evs china is light years ahead that even germans can't compete with them.
 
Warren Buffet truly is the king of investors, the greatest of all time, holding 300 billion USD in cash right now as the world stock markets are collapsing.

Thalla Warren 🐐

Jiye Jiye Warren 🐐
 
Bhaijaan said:
Brilliant,

Great time to go shopping for overvalued blue chip Pharma stocks.

After the trade deal is done, business will resume as usual.

In regulated markets, you cannot change source so easily.
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Best of luck to you and everyone who entered the market post-COVID. You have got a lot to learn ahead. :inti
 

China hits back at Donald Trump with 84% retaliatory tariff on US goods​


The Chinese finance ministry said that these additional tariffs will be imposed on goods from the US from April 10.​


Amid the ongoing trade war between the United States and China, Beijing on Wednesday hit back at Donald Trump's 104 per cent tariffs with its own additional tariffs of 84 per cent, up from the previous 34 per cent, on all American goods.

The Chinese finance ministry said that these additional tariffs will be imposed on goods from the US from April 10, news agency Reuters reported. Beijing had previously announced a retaliatory tariff of 34 per cent on American goods.

China's commerce ministry also announced that it has added 12 US entities to its export control list, while including 6 American entities to its "unreliable entity" list.

 
America knows how to destroy countries and competition. Not only is Trump intending to end the trade deficit, but he will spark a revolution in China from within. Look into how America collapsed the USSR. A lesson on how America can f**k you up when you are in their sights

Popcorn time for Indian's. Do not waste this golden Apportunity .

1000011758.jpg

:kp
 
Beijing endured three brutal years during COVID without flinching, they can weather tariffs too. They've had ample time to prepare. The impact is isolated to exports to the US, and unlike Washington, Beijing doesn’t lose sleep over public opinion at home. They have the stamina, and the strategy, for the long game.

And if you're actually reading between the lines, it's not Beijing that's sounding desperate for a deal, it's the Trump administration, scrambling for negotiation while trying to save face.
 
HalBass9 said:
Beijing endured three brutal years during COVID without flinching, they can weather tariffs too. They've had ample time to prepare. The impact is isolated to exports to the US, and unlike Washington, Beijing doesn’t lose sleep over public opinion at home. They have the stamina, and the strategy, for the long game.

And if you're actually reading between the lines, it's not Beijing that's sounding desperate for a deal, it's the Trump administration, scrambling for negotiation while trying to save face.
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Pity. Pakistan friends are don't even know what the game USA are playing. But yea carry on. 🤣🤣🤣 :kp
 
China: “We’ll hit back with tariffs!”
USA: “Bring it on!”
India: “Aap log fight karo… hum investors handle kar lete hain

:kp
 
India, China "should stand together to overcome the difficulties" amid Trump Tariff announcements says Chinese Embassy Spox in Delhi

Acha, thik hai sochte hai :sneaky:

:kp
 
Devadwal said:
America knows how to destroy countries and competition. Not only is Trump intending to end the trade deficit, but he will spark a revolution in China from within. Look into how America collapsed the USSR. A lesson on how America can f**k you up when you are in their sights

Popcorn time for Indian's. Do not waste this golden Apportunity .

View attachment 153079

:kp
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This is how real superpowers handle each other which is clear and no-nonsense. But you wouldn't understand that, being used to soft diplomacy and buttering. Modi's specialty is either back-pats or maybe blowing 'chummiyan' to Mr Dolaand Trump. Not exactly the stuff of strong leadership. :yk :inti
 
Bhaag Viru Bhaag said:
This is how real superpowers handle each other which is clear and no-nonsense. But you wouldn't understand that, being used to soft diplomacy and buttering. Modi's specialty is either back-pats or maybe blowing 'chummiyan' to Mr Dolaand Trump. Not exactly the stuff of strong leadership. :yk :inti
Click to expand...
No need to become macho man here. Use this Apportunity to become hub of investers .

This is time for Indian diplomacy to show why the rated best in the World .

First sign a good trade deal with USA . No need to take this fight when we use the in our favour by cleaver diplomacy.

And for you another good news is waiting , either tonight or tomorrow .

USA is sending a special person to the India

:kp
 
Devadwal said:
No need to become macho man here. Use this Apportunity to become hub of investers .

This is time for Indian diplomacy to show why the rated best in the World .

First sign a good trade deal with USA . No need to take this fight when we use the in our favour by cleaver diplomacy.

And for you another good news is waiting , either tonight or tomorrow .

USA is sending a special person to the India

:kp
Click to expand...
Apportunity? :misbah :inti
 
In a U.S.-China trade war, the biggest winner is India.

Global companies will fast-track their shift to India for manufacturing and talent.

China loses its manufacturing monopoly and global trust.

The U.S. benefits too , supply chains return home, boosting American jobs.

But make no mistake: China is the biggest loser.

And India? The silent power rising.

It is India's opportunity to lose.

If they drop the ball AGAIN , Will be disappointing.

:kp
 
Devadwal said:
In a U.S.-China trade war, the biggest winner is India.

Global companies will fast-track their shift to India for manufacturing and talent.

China loses its manufacturing monopoly and global trust.

The U.S. benefits too , supply chains return home, boosting American jobs.

But make no mistake: China is the biggest loser.

And India? The silent power rising.

It is India's opportunity to lose.

If they drop the ball AGAIN , Will be disappointing.

:kp
Click to expand...
I am just thinking about those Indians who import products from China, slap a 'Make in India' label on them, and sell them as local goods. :yk

By the way, are you aware of the India-China trade deficit? :inti
 
mazkhan said:
Consumer market won't matter if there is a recession and Americans get poorer without china things will be much more expensive

And industry will never come back to the usa there's a reason why many of their companies struggled in the 80s and everything got outsourced they couldn't simply compete with china , bethlehem steel went bankrupt.

It's same with uk it could never compete with Japanese or germans hence why they auto industry collapsed
Example are 2 Same family of cars Vauxhall and opel, Germany made opel a success story , whilst Vauxhall was nothing but problems

And now with green technology and evs china is light years ahead that even germans can't compete with them.
Click to expand...
The issue here is the threat from China - a security and a global threat. China controls a lot of the sea ports worldwide and travel toutes which is a security threat to the US. China can reduce their tariffs- why dont they do it? Why do they want 10% tariffs for their goods and apply say 40% tariffs to imported US goods. Chins doesnt allow US tech companies like Google into their market. Its so protectionist. Deal on equal terms and US is fair game for that.

The US market is way more resilient 3what rest of the world thinks. EU jas already caved in and wants 0-0 tariffs. Japan wants to negotiate too. US cant let China turn into a monster they can't deal with. In a way- its the Cold war now but with China as teh adversary. And China is a much much more formidable adversary than Russia ever was.
 
Bhaag Viru Bhaag said:
I am just thinking about those Indians who import products from China, slap a 'Make in India' label on them, and sell them as local goods. :yk

By the way, are you aware of the India-China trade deficit? :inti
Click to expand...
Read again twice or untill you fully understand what was I wrote. Come on you can do it. :kp
 
Bhaag Viru Bhaag said:
Do you even read your own post before hitting the submit button? Kuch bhi likh deta hai. :yk :inti
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That's the point na. You don't understand the reality bus bongiya marme ke alawa .

Again saying read the #208 again and again untill you understand.

:kp
 
The trade war is now primarily between US and China. China has a $300 billion trade surplus with US which Trump wants finish off, even if that risks a US recession. Trump will get other countries including India to negotiate and reduce their duties as yesterday we saw with Japan and South Korea. All other countries are slowly coming to the negotiating table and want to avoid this direct trade war with the US.

India has a great opportunity to replace China as a manufacturing hub. We have adopted a path of negotiations and avoided direct confrontation with Trump which is a good strategy. We should make our policies more friendly for setting up new businesses and reduce regulatory hurdles to the minimum

:kp.
 
Bhaag Viru Bhaag said:
Economy and standing up for yourself in this trade war are two different things. Come back when you actually can answer my question. :intit
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Without standing no Country can become 4th largest economy in the World .itna bhi ni pta or expert banra hai. . :kp
 
China begged countries to join forces with them to fight the US. Not a single country united with them. China is boxed in and the US has South Korea, Japan, Vietnam, India and Cambodia allied.

:kp
 
China is having nightmare but some people's are crying here. well done TRUMP. 😍😍😍😍 :kp
 
Indians in absolute meltdown

What they don't realise the usa on a society level is finished it's not gonna compete

To damage china they are gonna cause their own recession which will damage Europe in the process .

You won't have chinese rising up you will have civil strife in usa and Europe they can't weather hardships like Chinese or say Vietnamese they can survive on a.bowl of rice and cook a plate of bugs or rats or something
 
mazkhan said:
Indians in absolute meltdown

What they don't realise the usa on a society level is finished it's not gonna compete

To damage china they are gonna cause their own recession which will damage Europe in the process .

You won't have chinese rising up you will have civil strife in usa and Europe they can't weather hardships like Chinese or say Vietnamese they can survive on a.bowl of rice and cook a plate of bugs or rats or something
Click to expand...

Brother we are friends with both China and USA.

We want this tariff war to end.

But if through this, some hundreds of billion dollars worth business come our way, why mind?
 
Bhaijaan said:
But if through this, some hundreds of billion dollars worth business come our way, why mind?
Click to expand...
This is what our padosi and kaagaz ni dikhane wale log digest ni kar pa rhe hai.

This is war between USA and China but India will be major winner here just like russia - Ukraine ( USA) war where india got cheap oil from Russia

:kp
 
Devadwal said:
This is what our padosi and kaagaz ni dikhane wale log digest ni kar pa rhe hai.

This is war between USA and China but India will be major winner here just like russia - Ukraine ( USA) war where india got cheap oil from Russia

:kp
Click to expand...
You have been all about kagaz kagaz in your recent posts. So, how about showing your own kagaz here? Oh wait, what am I even asking? You get kidney stones jumping around just from @Major saying your real name. How will you ever show your kagaz? :yk :inti
 
Devadwal said:
Need to increase further upto 103 . :kp
Click to expand...
images
 
Devadwal said:
China begged countries to join forces with them to fight the US. Not a single country united with them. China is boxed in and the US has South Korea, Japan, Vietnam, India and Cambodia allied.

:kp
Click to expand...

So i guess this will further impact China and india relations if india is siding with the U.S. which could impact the BRICS packed between the countries
 
aboveandbeyond said:
So i guess this will further impact China and india relations if india is siding with the U.S. which could impact the BRICS packed between the countries
Click to expand...
That is where india diplomacy is always Smart. We don't take any side openly

:kp
 
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