Donald Trump suspends duties for most of the world. Expert alerts. ‘US is erratic’

news.5v.pl 2 months ago
  • On Wednesday, the president of the United States announced that it increased customs duties on Chinese goods to 125%, while ordering a 90-day break in the application of increased customs duties for another countries
  • — The U.S. has become completely erratic. Donald Trump wakes up in the morning reasoning he's letting go of the tariffs to another countries. It is not said that he will not get up next day and will not say that he is restoring the duties back,” says Prof. Rybkowski
  • The expert besides points out that "China is aware that the president of the United States has started a trade war and cannot give up"
  • “The duties announced undermine the sense of trade between the US and China. any commentators point out that the next increase makes no difference, he says.
  • More crucial information can be found on the Onetu homepage

Bartosz Treder, Onet: Donald Trump felt that China had shown him disrespect due to deficiency of negotiation. I have the impression that it is now about honor, not equalising trade deficits or improving the economical situation.

Prof. Radosław Rybkowski: The problem with Donald Trump is that it was already visible during the first word that he was a narcissistic personality. It primarily highlights itself, not the United States, and the real problems of its citizens. The deficiency of reaction specified as he expected from China, reads as a individual resentment and makes a decision for this reason.

Let us consider whether a country that is 1 of the largest economical powers in the planet should act on the grounds that their president was offended? I don't think so. The U.S. has become completely erratic. Donald Trump wakes up in the morning reasoning he's letting go of the tariffs to another countries.

It is not said that he will not stand up next day and will not state that he is restoring the duties back. In specified an strength of uncertainty and unpredictability, the movements of the main trading partner cannot operate and function in the global economy. You can't foretell what's going to happen next week. Under specified circumstances, the planet economy cannot work.

Why would you order a 90-day break in the application of increased tariffs to another countries?

At 1 of the meetings, Trump said everyone called him after the duties were imposed and tried to negotiate. He felt that he was spotted internationally and gave up. This is the worst in terms of political and economical relations, that it is not known why the U.S. administration said it was dropping duties. If they thought it would be a failure to the American economy, we would see a rational reason. But no, they're working due to the fact that Donald Trump woke up and decided we were letting go today.

The 90-day limit in this case besides seems uncertain.

Exactly. Why not 45 days, 60 days, or a month? Even if the negotiations on trade failed, we would know that something else can be determined. It's not said that within 90 days, we can get something done. Donald Trump said in 24 hours we could get peace in Ukraine. It's been almost 3 months and Russia is inactive attacking. The president of the United States thinks he can say anything due to the fact that legislature and Republicans let it.

"China is aware that it cannot let go"

Can we say that Donald Trump has declared a final trade war to China? Will there be further steps?

China thinks in the long term, as prof. Łukasz Gacek wrote in his book. They request to wipe off Trump and introduce advanced duties, which they did. They said they were introducing higher tariffs of retaliation on goods imported from the US at 84%, which is actually a deadly tariff rate. They know they can't let go, no substance what Donald Trump declares. They realize he's the 1 who started the trade war and they can't give up.

An eye for an eye, a tooth for a tooth.

The latest duties announced by Donald Trump and those previously announced by China are deadly heights. They undermine the sense of trade between the US and China. any commentators indicate that the next increase makes no difference. This is the saying: “Yes, we have declared a trade war and that’s it.” This is the basic problem that it is not said that Donald Trump will not change his head in a fewer days.

Earlier, the Chinese Ministry issued a message to its citizens to think twice before travelling to the US. What kind of signal did they want to send it?

This is not just about the Chinese side, due to the fact that the Germans and the French besides reported it. There is information about tourists who went to the US and were not allowed in due to the fact that they spoke negatively about Donald Trump's politics. A informing for Chinese citizens not to go to the US is absolutely in place.

If specified stories happen to citizens of NATO countries who are allies of the US, more unpleasant meetings may happen to Chinese tourists erstwhile they effort to cross the border, that is, at the airport erstwhile they pass the passport.

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