People worked out the formula and it was base solely on the trading deficit.
Trump 2.0 official thread
- Thread starter siegecrossbow
- Start date
People worked out the formula and it was base solely on the trading deficit.
Crazy for countries like Cambodia and Vietnam. I hope they can sort out a deal with China soon because if these tariffs are actually implemented their economies are toast.
Cambodia I think don't have a lot of industry, it's still unindustrilized country, however Vietnam it's different story. It's not only industrial base for China, but also South Korea and Japan.
They will just lean very close to China. That still gives them a market larger than US to sell to. Even if the competitiveness is higher. They're gonna have to change their industries to Beijing's needs.
Euros have the bigger problem because China wouldn't let them enter.
antiterror13
Brigadier
How about Philippine?
what's there to sell except for Banana and OFW (Overseas foreign workers).
Dont forget the best mangos in Asia...
Sorry bro for me its Thailand.
Wouldn't it be better to sign a parallel CPTPP with the same terms as but without the Anglo countries. Or upgrade the RCEP up to the same terms if the other partners are agreeable.