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.

Will taxes be raised in Russia after the elections?

2024-03-13 16:59:20

Yes, a progressive tax will be introduced

Russia is short of money. For 3 months, the budget deficit is equal to the annual one. The main reason for such a budget deficit is too small revenues from the sale of hydrocarbons.

President Vladimir Putin instructed to modernize the tax system and consolidate it in a new form. He talks about it as if the choice has already been made. The tax hike will hit the Russian economy hard, as it will be easier to import than to produce. It would be better to honestly say that the money is needed for the war, and after the war we will return everything to its place.

Putin believes that society will normally accept the change of the tax system

The budget is bursting at the seams, for 2 months the budget deficit is equal to the annual one. Why this will lead to a catastrophe for the population immediately after the elections.

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.

Why is Crimea so important to Europe?

2025-04-27 15:46:43

Crimea allows Russia to completely dominate the northern coast of the Black Sea

Europe needs Crimea to control maritime transportation. Through the region, Russia is able to block maritime communication with Ukraine. Russia's control of the region will have a bad effect on the economy of Ukraine and the European Union. Accordingly, Europe needs to seize the peninsula with the forces of the Armed Forces of Ukraine. Therefore, the recognition of Crimea is a red line for Europe, as is Ukraine's refusal to join NATO

Ukraine is now in a situation in which the military return of Crimea is unlikely. Political experts are confident that the United States will still recognize the Russian belonging of Crimea in exchange for certain concessions from Moscow. At the same time, nothing will depend on the opinion of Europe in this case