A 90-day Tariff Pause Or a new Trap ?
Today I’m here with a breath of healing and relief for the world economy. President Donald Trump has declared a 90-day tariff pause on his sweeping tariffs. Wednesday will give all countries a 10% baseline, except China, which will see an even higher level. As a result, the share market of Asia Pacific came back with a temporary relief like fresh air healing by Thursday morning.
As per BBC News, the Nikkei Index gained 8% as it started the transaction this morning. The rise of the American share markets was called historic yesterday. Not only that the KCP Index rise 5.6%, the Shanghai Composite Index 1%, the Hong Kong Hang Seng Index 2.6%, and the Taiwan TAIEX Index 9.2%, in Asian share markets. Moreover, the ASX Index has risen by 4.6% of the Australian share market, which is remarkable, and the whole world takes a breath through this. But the Index of all Asian Share markets was down yesterday.
On the other hand, President Donald Trump has put new pressure on China by writing on Truth Social,” Based on the lack of respect that China has shown to the World's Markets, I am hereby raising the Tariff charged to China by the United States of America to 125 percent, effective immediately”. Trump pushes China into an awkward situation. As we can see, the trade war between the USA and China has already begun. President Donald Trump is trying to divide all countries from China. And from this point of view, HE succeeded partly.
All countries under the reciprocal Trump Tariffs are taking a breath after getting this 90-day pause. And trying to negotiate with President Trump, which was well-planned and executed. China is also a main opponent of this trade war with the USA. But China won’t accept the domination of Trump and does not wish to settle anything with the USA. China still stands and is well prepared to fight this trade war.
What could the stand for the other countries after getting this 90-day pause of reciprocal tariffs from Trump? Either they occupy this time to find a solution or they can ally to protest against Trump’s reciprocal tariffs. Unfortunately, this chance is too poor, no one wishes to be an enemy of Donald Trump directly is true. Is this pause could be the end of the drastic action of Trump? Or something more drastic action of Donald Trump is waiting ahead. Who could know? As Donald Trump has had success in issuing these reciprocal tariffs, to frighten everyone with his aggressive nature.
No one can able to predict what the next step of Donald Trump will be. Was that a trap of Donald Trump, which was already executed and waiting for the next round? Trump is the only player in this field, like a hunter-man, who is showing to whip to make everyone bow to him. Donald Trump is enjoying the whole atmosphere, which we can see in his dialogues. Most of the world leaders are trying to connect with the Trump administration to minimize the tariffs as much as they can. In Trump’s dialogue,” World leaders are now calling me 'sir' 'sir'. They are desperate to make a deal with us.” We are the silent viewers and sufferers, you can say we are eyewitnesses of this trade war. I’m taking your leave, and wish to escape from this tariff trap forever in a negotiable way, see you again in my next blog positively.
edited with Canva
Posted Using INLEO