After reading the post, do you still think that Chuan Jianguo is a fool? The abacus is ringing too loudly.
Many people complain that Jianguo only has a business mindset and doesn't understand governance. This time, with the tricks of substitution, rising in name but falling in reality, first stirring up chaos, using tariffs as a big stick to deal with disobedient countries, and when they can't hold on and compromise, lowering tariffs for allies, making prices seem to drop, and everyone breathes a sigh of relief. But right after that, he will start the printing press and print money like crazy. In the short term, the economy looks booming like it's on steroids, but in the long run, the time bomb of inflation will explode sooner or later, prices that have dropped will surge back up, and by then, the money we hold will be worth less and less.
This wave of operations can, on one hand, support domestic enterprises in the U.S., reduce imports, and give American people more choices for domestic products; on the other hand, it can also give more leverage at the negotiating table, forcing other countries to make concessions.
Chinese goods are taxed at 54%, that's quite ruthless! Simply put, if you charge me this much, I'll charge you half. China imposes a 67% tax on American goods, Trump charges 34%, and with the original 20%, it skyrockets to 54%, and other countries have to add at least 10%.
This approach completely disregards international trade rules, it's a typical case of unilateral bullying. As tariffs rise, global trade costs soar, and the supply chain is thrown into chaos. American consumers are paying more for imported goods, and other countries are also beginning to retaliate, with a global trade war on the brink.
The already unstable cryptocurrency market, faced with this chaotic trade situation, has a future trend that is even more uncertain.
Stay rational: Don't be disturbed by rumors, stick to your own judgment.
Many people complain that Jianguo only has a business mindset and doesn't understand governance. This time, with the tricks of substitution, rising in name but falling in reality, first stirring up chaos, using tariffs as a big stick to deal with disobedient countries, and when they can't hold on and compromise, lowering tariffs for allies, making prices seem to drop, and everyone breathes a sigh of relief. But right after that, he will start the printing press and print money like crazy. In the short term, the economy looks booming like it's on steroids, but in the long run, the time bomb of inflation will explode sooner or later, prices that have dropped will surge back up, and by then, the money we hold will be worth less and less.
This wave of operations can, on one hand, support domestic enterprises in the U.S., reduce imports, and give American people more choices for domestic products; on the other hand, it can also give more leverage at the negotiating table, forcing other countries to make concessions.
Chinese goods are taxed at 54%, that's quite ruthless! Simply put, if you charge me this much, I'll charge you half. China imposes a 67% tax on American goods, Trump charges 34%, and with the original 20%, it skyrockets to 54%, and other countries have to add at least 10%.
This approach completely disregards international trade rules, it's a typical case of unilateral bullying. As tariffs rise, global trade costs soar, and the supply chain is thrown into chaos. American consumers are paying more for imported goods, and other countries are also beginning to retaliate, with a global trade war on the brink.
The already unstable cryptocurrency market, faced with this chaotic trade situation, has a future trend that is even more uncertain.
Stay rational: Don't be disturbed by rumors, stick to your own judgment.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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