No one has an idea where this American charge horror will end. Crazy King’s behavior, which is currently misleading the United States, is unpredictable because it creates instinct and desire, and such things are not expected by nature.
Writer Jose Figurido *
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We look like an autocratic government, in addition to the commander’s poor instability (we have announced that we should stop in the morning in the same day of the same day). For example, we know that the 90-day suspension of the so-called “mutual” fees was decided without consulting with Stephen Miran, the head of the Treasury Secretary of the Scott Besent Treasury or the head of the economy. Trump is capable of supporting the most explosive illusions, with the most restricted circle of loyalty.
However, there are two things that we can already say with some safety, the day when the “mutual” fees have been announced, the past is not yet about the “release day”.
It is evident that Donadl Trump has immersed his strength in a fictional trade war.
Trump’s logic came from the basic treasury paper. If China sells $ 450 billion a year and buy only 150, it indicates that China loses more than me. That is why the creature confirmed that business wars are good and easy to win.
In fact, China will lose in the declared trade war with the United States. US imports in China refer to 15% of the total exported by the middle empire. On the other hand, China depends on exports, and its global business existence has dollars per year, and when the internal demand is brittle after the residential real estate bubble.
In spite of China, Donald Trump responded to Trump’s sentence to increase his fees for US imports whenever he measured a little more. This thing ended at ridiculous levels with 145% US charges and its associated Chinese 125%. By the way, when things came to this point, the Chinese government was in touch with the US administration, which would stop China’s progress. In fact, 125%of customs rights, in practice, are a real barrier to imports, so climbing beyond these conditions is pure rhetoric.
When Donald Trump realized that China would die for a contract and that the phone would soon sound with Ge Jin Bing. The call has not come!
Donald Trump lied how many teeth he had said that a trade issue with China would be negotiated and that there would be a contract soon.
He said the Chinese government responded through official channels, saying that no trade agreement had been negotiated with the US and that no formal conversations in this regard could only be held on unilateral fees.
Peace may seem strange to be on the side.
However, from Trump’s first presidency, with the first savings of a trade war, China is ready for this event, at the time, it is less. Now the strong hand is not with Trump, he is with the Chinese.
Of course, the Chinese economy is not favorable to have $ 450 billion market. There are many ways to compensate for China, at least, there are many ways to compensate for the loss.
From the beginning, it can distract some of the lost exports to some of the markets that have been lost in the diverse process, beginning a few years ago. In 2018, China issued 21.8 % of US imports, and the rate is currently less than 14 %.
We should not be too much if the Yuan, the Chinese currency under the market forces or under political impulse, helps with export.
In any case, the powerful weapon of China and the absence of Donald Trump is an opportunity to compensate for any losses with the inner need. In China, Donald Trump has plenty of margin for monetary and tax stimulation that cannot appeal.
Donald Trump has already been announced by the Federal Reserve in the inflation, and the interest rates are unlikely to reduce until the descendant of inflation is not clear. Also, if these fees continue, colo -inflation is unlikely to exclude the movement of interest rates will rise than an offspring.
In the forefront of the budget, you are missing where there is a margin for any significant impulse, despite the lack of 6 or 7% of GDP in GDP.
Therefore, we are not surprised by Trump’s frustration, which had the hypothesis of rejecting the Federal Reserve President before the time of 2026. As expected, the creature came to clarify that the immediate silence of the markets had no intention of changing the Jerome Power.
Donald Trump has widely measured his strength. The weight of the US economy is losing in the world economy, although it is powerful, many are not entirely vital.
Even the most exposed countries such as the neighboring Canada decided to fight, even though others exposed the decision to make Mexico a more accommodation.
For those who only know how to approach the Treasury sheets, there are no values such as respect, patriotism, or ka ity ravam. But there are!
Although Donald Trump and China’s positions are equal (they are not!) The Chinese will always win. The Chinese are more relevant to the pain and suffering of the witch’s fantasy troops who support the Trumped ideas. Once the supermarket started to climb on the shelves, the unemployment began to grow the balloon.
Chinese patients will be observed at this time.
* Economist. The article was first published in the newspaper unity.
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