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🇺🇸🇨🇳 US looks to secure economic isolation of China with tariff cuts for 70+ countries
The plan includes prohibiting China from transporting goods through certain countries and banning Chinese companies from establishing operations to bypass US tariffs, the Wall Street Journal reported.
#US Treasury Secretary Scott Bessent is leading the strategy, with hopes of reaching agreements with Japan, the UK, Australia, South Korea, and India.
In the ongoing trade war between Washington and Beijing, #UStariffs on Chinese goods have reached 145%, while #China’s duty on American goods stands at 125%.
txt @geopolitics_live
#TradeWar
The plan includes prohibiting China from transporting goods through certain countries and banning Chinese companies from establishing operations to bypass US tariffs, the Wall Street Journal reported.
#US Treasury Secretary Scott Bessent is leading the strategy, with hopes of reaching agreements with Japan, the UK, Australia, South Korea, and India.
In the ongoing trade war between Washington and Beijing, #UStariffs on Chinese goods have reached 145%, while #China’s duty on American goods stands at 125%.
txt @geopolitics_live
#TradeWar
🇺🇸🇨🇳Western Media Finally Admits Tariffs Aimed at Isolating China, Not "Reindustrialization"
As warned, the US predicated tariffs on "reindustrialization" to sell to a gullible public, but was always aimed as preparations for isolating and eventually warring with China;
None of the actual measures needed to reindustrialize were even proposed let alone implemented (education reform, nationalizing industry, infrastructure investments);
Nations the US has politically captured obediently accepted the tariffs and are now going to be organized into a united front a la Biden vs. Russia but against China - all as Trump dishonestly "seeks peace" with Russia;
Recall #US Sec. of State Rubio began ramping up pressure on #China's island province of Taiwan, rewriting the State Dept's website, erasing admissions the US does NOT recognize Taiwan "independence;"
Americans voted for #Trump to end Biden policies - but got a super-sized continuity of agenda instead;
txt @brianlovethailand
#USTariffs #TradeWar
As warned, the US predicated tariffs on "reindustrialization" to sell to a gullible public, but was always aimed as preparations for isolating and eventually warring with China;
None of the actual measures needed to reindustrialize were even proposed let alone implemented (education reform, nationalizing industry, infrastructure investments);
Nations the US has politically captured obediently accepted the tariffs and are now going to be organized into a united front a la Biden vs. Russia but against China - all as Trump dishonestly "seeks peace" with Russia;
Recall #US Sec. of State Rubio began ramping up pressure on #China's island province of Taiwan, rewriting the State Dept's website, erasing admissions the US does NOT recognize Taiwan "independence;"
Americans voted for #Trump to end Biden policies - but got a super-sized continuity of agenda instead;
txt @brianlovethailand
#USTariffs #TradeWar