“India will say sorry and make a deal” US commerce secretary Howard Lutnick
US Commerce Secretary Howard Lutnick on Friday signaled a hardening of US position on tariffs saying he expected India to say "sorry" and make a deal with the President after its businesses realize they cannot thrive without the US market.
Asked in a tv interview about Trump's social media post that virtually jettisoned India as a US partner following the SCO summit in Tianjin, Lutnick likened India's position to that of Canada, which he said had backed down from its adversarial "elbows up" stance to make a deal after realizing its economy was tanking.
"In a month or two months, I think India is going to be at the table, and they're gonna say they're sorry, and they're going to try to make a deal with Donald Trump and it will be on Donald Trump's desk how he wants to deal with Modi, and we leave that to him.
That's why he's the president," Lutnick said suggesting New Delhi's position was all bravado.
Lutnick also warned India to "Stop buying Russian oil, stop being a part of BRICS, and support the United States and the dollar or face a 50% tariff."
Contending that India and China will not be able to sell goods to each other, he maintained that they will eventually have to come to the US because "it's our $30 trillion economy that is the consumer of the world... (and) we all know eventually the customer is always right."
Characterizing India as "the vowel between Russia and China" (in BRICS), Lutnick said "If that's who you want to be, go, be it... ....and let's see how long this lasts."
"In a month or two months, I think India is going to be at the table, and they're gonna say they're sorry
Lutnick also warned India to "Stop buying Russian oil, stop being a part of BRICS, and support the United States and the dollar or face a 50% tariff."
Software update complete. Indian views on China, before & after.
This guy was a Major General in the Indian Army. This is what we're dealing with on the battlefield.
Same guy wanted to sell Brahmos to Taiwan earlier this year.
Asked this in another thread, but probably better to ask it here. What kind of listening device would've allowed the US to eavesdrop on NK officials? Moreover, one that was going to be planted by a tactical team rather than a covert agent or traitor.
The whole story smells fishy (no pun intended) but if it is true DPRK would be well within its rights to retaliate against US military targets. I wonder how this is playing in South Korea?Asked this in another thread, but probably better to ask it here. What kind of listening device would've allowed the US to eavesdrop on NK officials? Moreover, one that was going to be planted by a tactical team rather than a covert agent or traitor.
There is a comment on the twitter thread that says there would be an equivalent retaliation and markets would collapse as a result. I posit that if something like this happened, markets would immediately react as if an equivalent retaliation would take place in the future regardless and price it in preemptively and markets would collapse and a huge sell-off would occur anyways. To propagate this even further, some Chinese-affiliated arms length entity could make a veiled threat directed against the American tech sector in which the Mag7 make up 40% of their entire market cap. The threat alone would cause catastrophic results...Fox Terrorist Network talking about bombing the Power of Siberia like Nord Stream
US invasion of Mexico within 18 months...Important news. DoD (now DoW) focus will now be Homeland security over China