ChatGPT
You said:
Little bit about Trump tarrif
ChatGPT said:
Donald Trump’s tariff policy was a key feature of his administration’s approach to international trade (2017–2021). Here’s a brief snapshot:
Primary aim: Reduce the US trade deficit, protect American industries, and bring back manufacturing jobs.
Targeted countries: Mainly China, but also the European Union, Canada, Mexico, and other trading partners.
Methods:
Imposing tariffs on imported steel and aluminum (25% on steel, 10% on aluminum).
Implementing tariffs on hundreds of billions of dollars’ worth of Chinese products (up to 25%) in response to alleged unfair trade practices, intellectual property theft, and forced technology transfer.
Effects:
Rising costs for US companies and consumers due to higher prices on imported materials and products.
Trade tensions and retaliatory measures by other countries (for instance, China placed its own tariffs on US agricultural products).
Political view: Supporters say it helps protect US jobs and industries, while critics say it disrupts markets, increases prices, and may undermine international relationships.
If you'd like, I can go into more depth — for example, a comparison with President Joe Biden’s policy, the current state of those tariffs, or their economic impacts. Just let me know!
You said:
Little bit about trading operation
ChatGPT said:
Here’s a brief snapshot of trading operations — what they typically encompass and how they work:
✅ What is a trading operation?
Trading operation refers to the process of buying and selling financial instruments (like stocks, bonds, currencies, or commodities) with the aim of making a profit.
✅ Key components of a trading operation:
Trade execution: Carrying out buy or sell orders in the market.
Risk management: Assessing and managing financial risks associated with trades.
Settlement and clearing: Confirming trades and exchanging payments or delivery of assets.
Record-keeping and compliance: Properly logging transactions and following regulations.