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GulfLander

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With the Sino-U.S. deal done now, the US to lower to 30% for 90 days and China to lower to 10% for 90 days!

Now, with such a G2 arrangement, it is crystal clear that, just as India misjudged the “China+1” trend in 2020, it repeated the same miscalculation, missing yet another development window!

In October 2024, a breakthrough summit between Chinese and Indian leaders finally eased longstanding border tensions, and by March 2025, both nations issued positive remarks about their bilateral ties—something unseen in years.

However, as Trump wielded his "reciprocal tariffs" stick in early April, the fragile thaw in Sino-Indian relations was clouded by uncertainty.

On April 7, India’s Commerce and Industry Minister Piyush Goyal accused China of undermining the global economic order through unfair trade practices.

Four days later, Goyal doubled down, claiming that allowing China into the WTO was the root cause of today’s global trade crisis, while praising Trump’s tariffs as necessary and beneficial to the world, presenting a golden opportunity for India’s economic ambitions.

These statements reveal India's haste to align with Trump’s agenda on tariffs.

This approach has once again cast a long shadow over Sino-Indian ties, freezing the economic collaboration that had recently begun to warm.
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By Mao Keji
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GulfLander

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Nissan Motor (7201.T), opens new tab will additionally slash more than 10,000 jobs globally, bringing the total cuts including previously announced layoffs to about 20,000 or 15% of its workforce, Japan's public broadcaster NHK reported on Monday.
The struggling Japanese carmaker last month warned it would likely book a record 700 billion yen to 750 billion yen ($4.74 billion-$5.08 billion) net loss in the financial year that ended in March due to impairment charges.
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https://twitter.com/i/web/status/1921710311234732393
 
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In4ser

In4ser

Junior Member
Not being a permanent deal may come back an bite the US in the ass. Remember they also have a 90-day temporary ceasefire with the rest of the world but it ends 1 month prior to this new deal with China. This gives 1 months of turmoil for the US (already baked into the supply chain) and possibly more due to traffic jams and then 1 month of negotiations where other countries can press their case with US before China comes back and without looking like the bad guy. Likely it will defer to the general mood of how others approach the US in renegotiations i.e. if others play hard ball, it too can drive a hard bargain or if others end things amicably, it too will do so.

Moreover, uncertainty will still be exist in the markets as the deals are not permanent so investment into the domestic US manufacturing will be placed on hold and though I can see US companies trying to stock up even more from the tariff cuts fearing things fall through in 90-days.
 
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