Oh, so the US can't build its fancy jets or iPhones without materials China controls? And Beijing just tightened the leash right before trade talks. It's almost like having a global monopoly on critical resources puts you in a powerful negotiating position. Who could have possibly seen this coming? 😆
For much of 2025, the Trump's wide-ranging tariffs defied forecasts that the import duties would drive up inflation. But that reprieve appears to be over, with economic data this week showing the tariffs are now pushing prices higher.
https://www.cbsnews.com/news/trump-tariffs-consumer-price-hikes-inflation-coffee-autos-apparel-cpi
Trump’s attempts to lure companies away from China are backfiring. U.S. firms wrestling with Trump’s unpredictable trade policy are calculating it's better to stay put in China than reshore.
Nobody in their right mind will invest billions into building factories, training workers, and establishing supply chains when the policy can change on a dime.
U.S. producers of corn and soybeans have sent dire warnings as prices for their crops have crashed in recent years as Trump’s trade war whipsaws farmers.
Corn prices have plunged more than 50% from their 2022 peak, while production costs are down just 3% in that span, translating to a loss of 85 cents per bushel, the NCGA said, adding that the outlook for next year is worse with even lower prices and higher costs.
"Trump's 50% #tariff on #India kicks in as Modi urges self-reliance."
#CNBC
#SquawkBox
#Republicans
#tariffs
#inflation
#recession
https://www.bbc.com/news/articles/c5ykznn158qo
It's very possible #Republicans will send World business to tariffs free #China as a simple solution to Trump #tariffs causing short term #recession as world economic activity shifts away from the #UnitedStates
#tradewar
#premarket
#CNBC
#investing
“We must unite and take a clear stand against unilateralism and protectionism,” Xi said."
https://www.theguardian.com/us-news/2025/aug/27/trumps-tariffs-trade-war
China’s imports of three major energy products from the US hit almost zero in June.
Trump says China has to give US magnets or face 200% tariff. 😆
Most US companies with operations in China aren’t planning to leave the country despite the challenges posed by tariffs, according to a survey late last month by the American Chamber of Commerce in China.
Anyone expecting a package from Europe or India will wait longer than usual for it to arrive. Multiple European postal servers and the Indian government announced it is set to suspend shipments to the United States.
July’s PPI surged 0.9% month-over-month, far above the 0.2% forecast. Core PPI also jumped 0.6%, the largest rise since March 2022. This suggests businesses, squeezed by tariffs and higher import costs, will soon pass more expenses to consumers, reversing recent mild CPI trends. Despite market hopes for a September rate cut, the data confirms inflation remains persistently above the Fed’s 2% target, complicating its next move.
In his Independence Day speech, Indian Prime Minister Narendra Modi advocated for his country to pursue self reliance, against the backdrop of U.S. President Donald Trump’s global trade war. https://www.japantimes.co.jp/business/2025/08/15/economy/modi-defiant-us-tariffs/?utm_medium=Social&utm_source=mastodon #business #economy #narendramodi #india #us #tariffs #tradewar #donaldtrump
Trump wanted manufacturers to diversify away from China. Now many that heeded that call face stiff new tariffs. Knuckling under only invites more punishment.
https://edition.cnn.com/2025/08/11/business/trump-tariffs-south-southeastasia-intl-hnk
China’s exports have significantly rebounded, excluding the US, with trade surplus hitting a new record high of $1.2 trillion over the past year.
China is expanding global trade as countries flock to it in face of US tariffs.
If one of the objectives of Trump's trade war was to constrain China's global trade dominance, the results are in, and it has failed dramatically. In fact, if anything, it probably had the opposite effect.
From McDonald's and Coca-Cola to Amazon and Apple, U.S.-based multinationals are facing calls for a boycott in India as business executives and Prime Minister Narendra Modi's supporters stoke anti-American sentiment to protest against U.S. tariffs. 😆
The White House’s tariff blitz assumes America’s consumer market is irreplaceable, but what happens when that market sputters? Spoiler: The "indispensable economy" is looking mighty fragile.
https://dialecticaldispatches.substack.com/p/the-pyrrhic-tariff-war
China’s exports surged even more than expected in July, as Chinese companies raced to ship goods to Southeast Asia and other regions, often for onward shipment to the United States, before President Trump could raise tariffs on imports. 😆
https://www.nytimes.com/2025/08/07/business/economy/china-tariffs-exports-imports.html
'I won't humiliate myself': Brazil's president sees no point in tariff talks with Trump. 👏
J. Nathan Matias 🦣
boosted
Out in the open: the US administration’s attempt to undermine the EU Digital Services Act (and other regulations) was evident.
Now it has been elevated to formal policy and goal of diplomatic efforts.
Out in the open: the US administration’s attempt to undermine the EU Digital Services Act (and other regulations) was evident.
Now it has been elevated to formal policy and goal of diplomatic efforts.
Trump’s use of tariff threats has devolved into a form of extortion, leveraging US economic power to coerce countries into making multibillion-dollar investments to avoid high tariffs.
The long-term effects of such coerced investments will very likely lead to collapse of global trade with the US.
https://www.nytimes.com/2025/08/04/us/politics/trump-tariffs-foreign-investment.html