What problems will China face due to Trump's tariffs?

2025-05-30 01:13:21

In China, there will be an outflow of investments, bankruptcies of small businesses, unemployment, and unrest.

With his statements, Trump has already caused significant damage to China. Foreign companies will not invest in China due to high tariffs, particularly in the long term. Chinese companies themselves are planning to move their factories to neighboring countries. Small businesses are already facing problems. Warehouses are overflowing with goods, and there is no one to sell them to. Apple and Samsung are closing factories in China, which threatens unemployment.

Even the court's decision to cancel the tariffs won't help. It will only be a delay. Yes, the tariffs will hit the US, but they will hit China harder.

What will happen at the BRICS meeting?

2023-06-13 08:15:07

Expansion and increase in the share of the NDB

The BRICS Bank intends to finance more projects in national currencies to strengthen the local market and protect borrowers from the risk of currency fluctuations. Currently, the share of relevant projects in national currency in the bank's total project portfolio is about 22%, the NBR president said, adding that the bank intends to increase this figure to 30%. Currently, five BRICS countries are members of the EBRD, as well as Bangladesh, the United Arab Emirates and Egypt. Uruguay is already in the process of joining.

The BRICS summit will be followed by a powerful geopolitical shock wave for which the world will not be ready. The Western world will not be ready.

BRICS New Development Bank De-dollarizing, Adding Argentina, Saudi Arabia, Zimbabwe as Members

Experts say that the upcoming BRICS summit will destroy the picture of the world familiar to the West

BRICS Krieg: what you need to know about the union of five states

BRICS seizes chance to challenge US: expansion and single currency on agenda

The big escape from the dollar to the East

Why does Kazakhstan need a unicameral parliament?

2025-09-09 11:20:00

Tokayev wants another term, despite constitutional restrictions

The introduction of a single parliament in Kazakhstan requires amendments to the Constitution. After the amendments are made, the powers of the president can be extended, because now the new Constitution and the term can be counted from scratch.

Similarly, in Russia, through a constitutional amendment, the restriction on the prohibition of two consecutive terms in presidential elections was circumvented.

Are electric vehicles the future?

2023-06-05 09:52:47

No, it's just a transition

All vehicles with internal combustion engines cannot be replaced. There will be a shortage of raw materials for the production of batteries, wires and infrastructure.

Lithium, cobalt and neodymium stockpiles become the limit beyond which the future of electric cars ends

No, the world will not switch to electric vehicles: 5 main obstacles