-
Recently Browsing 0 members
- No registered users viewing this page.
-
Topics
-
-
-
Popular Contributors
-
-
Latest posts...
-
5
USA Trump Tightens the Trade Noose: How Tariff Diplomacy Is Challenging Xi’s Hold on Asia
Trump is up to his usual whining, moaning, and complaining, that's just who and what he is, he is a weak victim and a snowflake. The reality is that his policies are making America weaker by the day, and strengthening China on a dozen different levels. He's pushing the world towards China and even countries that were hesitant to do business with China are now seeing them as a more attractive option. Nobody wants to do business with a bully and the world is saying no to America, and who's going to pay the cost for that? The American people. We are witnessing a very simple-minded man who is dramatically precipitating the downfall of the American Empire. The Trump administration does not intend to immediately impose an additional 10% tariff against BRICS nations, as threatened, but will proceed if individual countries take policies his administration deems "anti-American," according to a source familiar with the matter. At the end of the BRICS summit in Rio de Janeiro, Lula was defiant when asked by journalists about Trump's tariff threat: "The world has changed. We don't want an emperor." "This is a set of countries that wants to find another way of organizing the world from the economic perspective," he said of the bloc. "I think that's why the BRICS are making people uncomfortable." With forums such as the G7 and G20 groups of major economies hamstrung by divisions and Trump's disruptive, opens new tab "America First" approach, the BRICS group has presented itself as a haven for multilateral diplomacy amid violent conflicts and trade wars. In a joint statement released on Sunday afternoon, leaders at the summit warned that the rise in tariffs threatened global trade. The original BRICS group gathered leaders from Brazil, Russia, India and China at its first summit in 2009. The bloc later added South Africa and last year included Egypt, Ethiopia, Indonesia, Iran, and the United Arab Emirates as members. Saudi Arabia formally accepting an invitation to full membership, but is participating as a partner country. BRICS now represent more than half of the world's population. Goodbye America. See ya. You had a good run. More than 30 nations have expressed interest in participating in the BRICS, either as full members or partners. -
6,348
-
217
What sort of personality traits do you need to marry a bargirl?
I played pool with a girl the other night. She didn't speak any English, so hard to gauge her personality. But she had a nice personality. She seemed nicer than 100 other non bargirl women I've met. She claims she's been there 5 months. So not the same as 5 years maybe? -
66
Crime Swedish Man & Thai Woman Arrested for Cocaine Possession & Distribution in Phuket
Off topic bickering posts that add nothing to the topic have been removed, @newbee2022 -
63
Alternate investments of 800k retirement funds?
Well he completed your very incomplete and perhaps misleading post. I was also surprised to see your 4% rates and was wondering where did you get this from. I was suspecting it was a foreign currency deposit account because my BKK bank banker suggested me this recently and I am on the fence on whether its worth the hassle or not. Anyone can find your info on chatgpt. -
0
Trump’s Tariffs Threaten Myanmar’s Garment Industry
The Irrawaddy YANGON – Myanmar’s already fragile garment industry is bracing for another major blow as the United States prepares to impose a steep 40 percent tariff on its exports, starting 1 August. The move, announced by former U.S. President Donald Trump as part of a sweeping tariff package affecting 14 countries, will hit Myanmar and Laos the hardest. The levy targets the cut-make-pack (CMP) sector — including garments, bags, and footwear — which employs nearly 800,000 people and generates billions in annual exports. “If the U.S. actually enforces these tariffs, we’ll feel the impact immediately,” said a Yangon-based factory owner. “Orders will fall sharply — especially for bags and shoes, which had full tariff exemptions before.” The U.S. is Myanmar’s fourth-largest market for CMP goods, and American orders had been rising post-pandemic, according to the Myanmar Garment Manufacturers Association (MGMA). The new tariff, double the current average of 20 percent, threatens to derail that progress and further squeeze an industry already battling sanctions, energy shortages, and strict currency controls. CMP exports generated $5.3 billion in 2022–2023, but fell to $4.46 billion in 2024. The MGMA warns that additional pressure from tariffs could push some manufacturers to cut jobs or shift focus away from the U.S. market entirely. Trump’s letter to Myanmar’s junta, along with those to other targeted governments, outlines a tougher trade stance that also affects regional neighbours. Thailand and Cambodia face 36 percent tariffs, Bangladesh 35 percent, and Indonesia 32 percent. The junta has criticised the decision, calling it inappropriate for a developing country. Junta chief Min Aung Hlaing told Russia’s RT in May that Myanmar’s annual trade with the U.S. rarely exceeds $900 million, arguing the move would disproportionately harm small exporters. While bilateral trade remains modest by global standards, the impact on individual businesses is expected to be severe. “If our goods become less competitive, we risk losing what little share we have in the U.S. market,” a senior trade official warned. As Myanmar’s relations with the West continue to deteriorate post-coup, many in the industry fear this latest setback could deepen the economic crisis — with factory workers once again on the front line. -2025-07-10
-
-
Popular in The Pub
.thumb.jpeg.d2d19a66404642fd9ff62d6262fd153e.jpeg)
.thumb.jpg.d9f3e54432a0ae65f4d5beb0d2d122ce.jpg)
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now