Trump announces 90-day pause on tariffs for most countries, but raises them for China.
In a dramatic shift, the US president paused his reciprocal #tariffs on most countries, maintaining a 10% #tariff on nearly all global imports while raising the tariff on Chinese goods to 125%. Global markets surged on the development.
Facing a global market meltdown, Trump on Wednesday, April 9, abruptly backed down on his tariffs on most nations for 90 days but raised his tax rate on Chinese imports to 125%. It was seemingly an attempt to narrow what had been an unprecedented trade war between the United States and most of the world to one between the #US and #China.
Dramatic sell-off of US government bonds as tariff war panic deepens | Bonds | The Guardian Business
#Trump #USTariffs #TradeWar
In a dramatic shift, the US president paused his reciprocal #tariffs on most countries, maintaining a 10% #tariff on nearly all global imports while raising the tariff on Chinese goods to 125%. Global markets surged on the development.
Facing a global market meltdown, Trump on Wednesday, April 9, abruptly backed down on his tariffs on most nations for 90 days but raised his tax rate on Chinese imports to 125%. It was seemingly an attempt to narrow what had been an unprecedented trade war between the United States and most of the world to one between the #US and #China.
Dramatic sell-off of US government bonds as tariff war panic deepens | Bonds | The Guardian Business
#Trump #USTariffs #TradeWar
Starlink in Vietnam: A threat to national security under U.S. pressure | Telegraph
The entry of Starlink, Elon Musk’s satellite company, into Vietnam has been a contentious issue. Despite initial interest, the Vietnamese government resisted due to legitimate national security concerns. However, after facing commercial pressure and #tariffs threats from the Trump administration, Vietnam’s typically cautious National Assembly rushed to amend regulations to approve the service. This unusual move in the country’s political system raises serious doubts about #Vietnam’s sovereignty in the face of #US geopolitical interests.
#Starlink’s entry into Vietnam is not just a commercial deal—it is a geopolitical concession. Under economic pressure, the Vietnamese government is opening the door to potential #espionage and military control by the US, which is also a Vietnam’s historical adversary responsible for the mass killing of civilians with chemical and incendiary weapons during its illegal invasion launched 1965.
The entry of Starlink, Elon Musk’s satellite company, into Vietnam has been a contentious issue. Despite initial interest, the Vietnamese government resisted due to legitimate national security concerns. However, after facing commercial pressure and #tariffs threats from the Trump administration, Vietnam’s typically cautious National Assembly rushed to amend regulations to approve the service. This unusual move in the country’s political system raises serious doubts about #Vietnam’s sovereignty in the face of #US geopolitical interests.
#Starlink’s entry into Vietnam is not just a commercial deal—it is a geopolitical concession. Under economic pressure, the Vietnamese government is opening the door to potential #espionage and military control by the US, which is also a Vietnam’s historical adversary responsible for the mass killing of civilians with chemical and incendiary weapons during its illegal invasion launched 1965.
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The #US, which has firmly held the reins of hegemony since 1945, finds itself unable to maintain its interpretation of its hegemonic status—one not justified by any mandate—in a peaceful manner through fair competition with the rest of the world. The current herald of the #hegemon, who came to power with promises of peace, is employing means that until recently would have been—and still should be—considered unacceptable and despicable.
The deep state thus appears to have hoisted the right man onto the throne in Washington at the right time. A man whose mind is so dominated by his pathological narcissism that he is incapable of self-reflection. It began with the blackmailing of competitors (#China) and allies (Europe[#EU]) through #tariffs intended to compensate for the US’s lack of competitiveness; he then sought to extort an entire country (#Greenland) from Europe.
He then kidnapped President #Maduro in #Venezuela to gain access to the world’s largest proven #oil reserves, only to ultimately join forces with the psychopaths in Tel Aviv in an attack on a civilization [#Iran]that has not attacked any other country for longer than the US has existed as a nation
https://forumgeopolitica.com/article/war-without-peace-the-us-strategy-has-little-to-do-with-trump
@forumgeopolitica_en
#USEmpire
The #US, which has firmly held the reins of hegemony since 1945, finds itself unable to maintain its interpretation of its hegemonic status—one not justified by any mandate—in a peaceful manner through fair competition with the rest of the world. The current herald of the #hegemon, who came to power with promises of peace, is employing means that until recently would have been—and still should be—considered unacceptable and despicable.
The deep state thus appears to have hoisted the right man onto the throne in Washington at the right time. A man whose mind is so dominated by his pathological narcissism that he is incapable of self-reflection. It began with the blackmailing of competitors (#China) and allies (Europe[#EU]) through #tariffs intended to compensate for the US’s lack of competitiveness; he then sought to extort an entire country (#Greenland) from Europe.
He then kidnapped President #Maduro in #Venezuela to gain access to the world’s largest proven #oil reserves, only to ultimately join forces with the psychopaths in Tel Aviv in an attack on a civilization [#Iran]that has not attacked any other country for longer than the US has existed as a nation
https://forumgeopolitica.com/article/war-without-peace-the-us-strategy-has-little-to-do-with-trump
@forumgeopolitica_en
#USEmpire