Agreed, I don't but the fact that Americans voted him in based on his lies, which are his promises is just plain stupid.
this was a rejection of the left and no confidence in Harris
a choice between bad personality (which you can ignore) and bad policy (which impacts your daily lives)
given only two bad choices it is absurd to call voters stupid for selecting one
now layer on : inflation is political suicide for the incumbent
Not just China, Trump has said he was going to impose tariffs on Canada, Mexico, European countries because they take advantage of US. So expect retaliation, and these will friendly nations will become not friendly anymore.
you just stated he lies but are freaking out over what he said
he does not care if relations become less friendly
access to US markets is extremely important to those trading partners and the US economy is domestic driven
he loves to use leverage and he has that leverage
Tariffs are paid by the importing companies, NOT the exporting one. It was cause demand issues and reduce imports IF there is an alternative with same price, otherwise consumers will face inflation
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Yes , I know
China produces the majority of health care products, so governments are going to bleed money for that to importing companies.
??
US companies dominate the health care sector and cost of manufacturing is not the biggest cost for most health care companies
Trump may try to be selective on what he put tariffs on but all China has to do is restrict or raise prices on these items and fuck them.over, so goes the price wars caused by tariffs.
??
China raising prices would drive US companies to seek domestic supply , which is exactly what Trump wants
Not sure you logic hangs together here
Soon they will become dependent on Russia, Iran or Turkey.
For what????
Caviar, Vodka , Dates/ prunes??
I do not understand why you highlighted these countries
Oil supply is not dictated by China,
Trump is going to remove the shackles on US energy companies and he made the US energy self sufficient once before
and the US will have access to Canadian oil and gas
For some of these exports that they cannot get from China like rare earth metals, or textiles...
I will concede rare earth metals will be a problem
they were going to be a problem independent of Trump
There are other deposits
Canada has some, however the regulatory burden has push mine development timelines out to a decade or more
Trumps is also not going push EV like bidden / Trudeau did
if the market demands EV so be it, but he will not subsidise them or ban ICE if the market demands them
Textiles?
Spinning cotton or synthetic fibres is not rocket science
lots of countries would be happy to take market share from China and play by the rules
and by causing a trade war with Europe and Canada, oil from Iran and Russia. Except Tesla will get an exemption from tariffs for when Elon builds his factory in Mexico and Trump allows him to import from China.
China is the target
Canada's supply management system is not aligned with free trade , so it is at risk, and thus a political hot potato for PM Pierre P.
China is the target
The other trading partners will likely need to concede something so Trump's ego can claim a PR victory
But China is the target
