Exports
1,148 views
6 Discussing
Hot
Latest
🚨🇯🇵JAPAN’S MAY #EXPORTS FALL FOR FIRST TIME IN 8 MONTHS, HIT BY 🇺🇸U.S. AUTO TARIFFS
🔹Exports fell 1.7% YoY in May (vs. -3.8% forecast), led by 11.1% drop to U.S.
🔹U.S. tariffs slashed auto export value (-24.7%) despite minor volume dip (-3.9%)
🔹Japan’s trade deficit: ¥637.6B; imports fell 7.7%
🔹Tariff dispute unresolved post-G7; 25% U.S. auto tariffs + potential 24% reciprocal rate loom
🔹Auto sector = 28% of Japan’s U.S. exports
🔹Major automakers absorbing costs to avoid U.S. price hikes
🔹BoJ holds rates steady; weak economy complicates policy
🔹Total GDP may fall 1% if full tariffs imposed
-Reuters
$BTC $ETH
🔹Exports fell 1.7% YoY in May (vs. -3.8% forecast), led by 11.1% drop to U.S.
🔹U.S. tariffs slashed auto export value (-24.7%) despite minor volume dip (-3.9%)
🔹Japan’s trade deficit: ¥637.6B; imports fell 7.7%
🔹Tariff dispute unresolved post-G7; 25% U.S. auto tariffs + potential 24% reciprocal rate loom
🔹Auto sector = 28% of Japan’s U.S. exports
🔹Major automakers absorbing costs to avoid U.S. price hikes
🔹BoJ holds rates steady; weak economy complicates policy
🔹Total GDP may fall 1% if full tariffs imposed
-Reuters
$BTC $ETH
Navigating the Impact of Trump's Tariffs: What You Need to Know
President Trump's administration has continued to implement and expand tariffs on a wide range of imported goods, significantly altering the landscape of international trade. These tariffs, essentially taxes on imports, aim to protect domestic industries and reduce trade deficits.
Key things to understand:
* Broad Scope: Tariffs have been applied to everything from steel and aluminum to automobiles and a broad array of goods from countries like China, Canada, Mexico, and the EU. Some rates have been significantly hiked, with certain Chinese imports facing tariffs as high as 145%.
* Economic Impact: Analyses from organizations like the Congressional Budget Office (CBO) and Penn Wharton Budget Model suggest that while tariffs could reduce federal deficits, they are also projected to shrink the U.S. economy, raise inflation, and reduce household purchasing power. The costs are often borne by American consumers and businesses through higher prices.
* Industry & Consumer Effects: Industries reliant on imported materials (e.g., construction, auto, manufacturing) face increased costs. Consumers may see higher prices for everyday goods.
* Trade Wars & Retaliation: The imposition of tariffs has frequently led to retaliatory tariffs from other countries, escalating trade disputes and impacting U.S. exports, particularly in sectors like agriculture.
* Mixed Opinions: Supporters argue tariffs safeguard American jobs and industries, encourage domestic production, and address unfair trade practices. Critics, however, point to increased costs for businesses and consumers, reduced economic growth, and strained international relations.
What are your thoughts on the ongoing tariff policies? Have you felt their impact on your business or household budget?
#TrumpTariffs #TradeWar #Economy #USPolitics #GlobalTrade #Imports #Exports
President Trump's administration has continued to implement and expand tariffs on a wide range of imported goods, significantly altering the landscape of international trade. These tariffs, essentially taxes on imports, aim to protect domestic industries and reduce trade deficits.
Key things to understand:
* Broad Scope: Tariffs have been applied to everything from steel and aluminum to automobiles and a broad array of goods from countries like China, Canada, Mexico, and the EU. Some rates have been significantly hiked, with certain Chinese imports facing tariffs as high as 145%.
* Economic Impact: Analyses from organizations like the Congressional Budget Office (CBO) and Penn Wharton Budget Model suggest that while tariffs could reduce federal deficits, they are also projected to shrink the U.S. economy, raise inflation, and reduce household purchasing power. The costs are often borne by American consumers and businesses through higher prices.
* Industry & Consumer Effects: Industries reliant on imported materials (e.g., construction, auto, manufacturing) face increased costs. Consumers may see higher prices for everyday goods.
* Trade Wars & Retaliation: The imposition of tariffs has frequently led to retaliatory tariffs from other countries, escalating trade disputes and impacting U.S. exports, particularly in sectors like agriculture.
* Mixed Opinions: Supporters argue tariffs safeguard American jobs and industries, encourage domestic production, and address unfair trade practices. Critics, however, point to increased costs for businesses and consumers, reduced economic growth, and strained international relations.
What are your thoughts on the ongoing tariff policies? Have you felt their impact on your business or household budget?
#TrumpTariffs #TradeWar #Economy #USPolitics #GlobalTrade #Imports #Exports
🚨 U.S. Trade Deficit Soars to $140.5B! Exports plummet, with Oregon down 51%! 🌾 Soybeans, corn, and beef hit hard. What’s next for the economy? #TradeDeficit #Exports #economy
🗣️US Treasury Secretary Bessent⤵️
🚨China's current economic model relies on exports as a way out of its economic problems.It is an unsustainable model that harms not only China but the entire world. China needs change.China recognizes its need for change.
🔴He also says that reaching a full trade agreement with China could take two to three years.😱
#USChinaTensions #ChinaTariffs #changeTrade #EconomicAlert #exports
🚨China's current economic model relies on exports as a way out of its economic problems.It is an unsustainable model that harms not only China but the entire world. China needs change.China recognizes its need for change.
🔴He also says that reaching a full trade agreement with China could take two to three years.😱
#USChinaTensions #ChinaTariffs #changeTrade #EconomicAlert #exports
Login to explore more contents