Post by account_disabled on Mar 9, 2024 11:11:35 GMT
Both the United States and China are going to solve their problems through other countries How to explain to the cat that it's time for him to keep me? I have sympathy for the Chinese who don't realize why they should cut their trade surplus with the United States, but seeing that the Chinese economy is slowing down, they have to make concessions. Donald Trump, with his policy of "America Above All!" he plans to reform the entire global economy, and he succeeds! After all, protectionism is a boomerang: retaliatory import tariffs are already putting pressure on US economic data. I may have to trade in a chainsaw for a prosthetic soon! LiteFinance: Trade war between the United States and China will end soon | Litefinance The current trade negotiations show a rather rigid position by Washington regarding Beijing's promises. China has long promised both market reform and eliminating subsidies to finance state-owned enterprises.
Now, the US requires confirmation: for example, presenting a list of companies, receiving funds and some evidence that they will be deprived of support in the future. As the saying goes, nice words are good, but real money is Paraguay Mobile Number List better. It is out of fashion to believe in promises, now, they need concrete actions. China continues to pretend to be a cat that doesn't understand anything, shrugging in confusion but compromising. Which country would like another state to tell you what the local currency exchange rate should be? Washington wants stable yuan. But let me ask, should its real or nominal value be stable? Compared to the US dollar or the basket of foreign currencies? If it is the maintenance of the current limited floating mode, China does not need to do anything at all. In fact, "stable" is probably understood as a "strong" monetary unit.
The United States is beginning to feel the consequences of counterbalancing import taxes firsthand and is trying to weaken its negative effect on US exports and GDP by revaluating the yuan. Smart thoughts usually come after stupid things have been done! LiteFinance: Trade war between the United States and China will end soon | Litefinance A popular saying: if the pot is hot, then you won't starve. Of course, multiplying purchases of agricultural products, semiconductors, energy and other products is like running out of nothing. However, if you do it at the expense of others, you can put a pretty face on a bad game. The transfer of assembly plants from Mexico and Malaysia to the US, bans on the supply of coal from Australia to China's seaports are all links in the same chain, and in the near future the process of transferring problems on the shoulders of others will go even faster. Just like the United States needs a charger for an interesting and rewarding job, so China needs to find someone to charge.
Now, the US requires confirmation: for example, presenting a list of companies, receiving funds and some evidence that they will be deprived of support in the future. As the saying goes, nice words are good, but real money is Paraguay Mobile Number List better. It is out of fashion to believe in promises, now, they need concrete actions. China continues to pretend to be a cat that doesn't understand anything, shrugging in confusion but compromising. Which country would like another state to tell you what the local currency exchange rate should be? Washington wants stable yuan. But let me ask, should its real or nominal value be stable? Compared to the US dollar or the basket of foreign currencies? If it is the maintenance of the current limited floating mode, China does not need to do anything at all. In fact, "stable" is probably understood as a "strong" monetary unit.
The United States is beginning to feel the consequences of counterbalancing import taxes firsthand and is trying to weaken its negative effect on US exports and GDP by revaluating the yuan. Smart thoughts usually come after stupid things have been done! LiteFinance: Trade war between the United States and China will end soon | Litefinance A popular saying: if the pot is hot, then you won't starve. Of course, multiplying purchases of agricultural products, semiconductors, energy and other products is like running out of nothing. However, if you do it at the expense of others, you can put a pretty face on a bad game. The transfer of assembly plants from Mexico and Malaysia to the US, bans on the supply of coal from Australia to China's seaports are all links in the same chain, and in the near future the process of transferring problems on the shoulders of others will go even faster. Just like the United States needs a charger for an interesting and rewarding job, so China needs to find someone to charge.