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Trump Tightens the Trade Noose: How Tariff Diplomacy Is Challenging Xi’s Hold on Asia


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Posted

Trump’s bleating again pretty soon the powerbrokers are going to get sick of his shenanigans they got their tax break this trade nonsense is killing their bottom line.not to mention the rest of us paying the TRUMP TAX…..enough!

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Posted

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.

 

 

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