What Happens After Trump's Tariffs Are Imposed?

2025-04-04 15:57:43

A global recession is expected. Mass layoffs and cost cuts will begin.

The GDP of the United States (24%) is almost a quarter of the world GDP. The United States has an impact on the entire world economy. International trade in 50% of cases is conducted in dollars. If the U.S. buys less because of tariffs, it will cause a downturn in the entire global economy in the short term. In the long term, confidence in the U.S. and the dollar will fall, and the focus will shift to China and the yuan as the world's second-largest economy. This whole process will be painful and will be accompanied by massive cost cuts, optimization of business processes, layoffs and closure of enterprises. The United States itself will suffer greatly and will not be able to recover from such a policy, since its factories are distributed around the world and depend on the supply of components and raw materials.

From April 3, 2025, 25% duties on car imports will come into effect, and by May 3, 2025, on auto parts manufactured outside the United States. From April 5, 2025, the minimum basic customs duty of 10% will come into force. From April 9, 2025, the rest of the tariffs will come into effect. The minimum base tariff of 10% will be applied to all countries. Most likely, this will all end after Trump's change as president in 2029. On April 8, Trump introduced a 3-month delay for those countries that did not impose retaliatory tariffs.

Who will be next after the United States at the head of the world order?

2023-03-31 04:31:23

India in 2060

India will be the main supplier of food and raw materials for post-war reconstruction. India's population of 1.5 billion will be able to cope with the tasks set. The dollar and yuan will be replaced by a multi-currency package tied to gold.

India is acting as a key and constructive player in the creation of a new world order that can meet the challenges of tomorrow. A world order that goes beyond the purely economic and puts people and their well-being at the forefront.

The Ministry of Defense of India urged to think about the world order, which is beneficial to all

What will Trump do as president in 2025

2023-05-11 12:15:50

Deal with the issue of the war in Ukraine (if it does not end before the elections), withdraw troops from Syria, make radical changes to US immigration, economic and energy policy. Reduce taxes. Will cut costs

Trump will do what he could not do because of the coronavirus epidemic and will deal with the problems that Biden and the Democrats created

Democrats are trying their best to stop Trump from being elected

TRUMP'S TRUE GOALS FOR 2024

Trump kicks off his 2024 campaign: 'We're on the cusp of World War III'

Will the Japanese lunar rover be able to successfully land on the moon?

2023-09-06 09:06:41

Yes

This is already Japan's third attempt to land on the Moon.

If everything goes well, Japan will become the 5th country after the USSR, USA, China, and India to successfully land its own equipment on the Moon.

Japan has set a date for the launch of the country's first lunar spacecraft