Tag Archives: Tariffs

Wilbur Ross said China is running out of bullets in trade dispute

Wibur Ross said China is running out of bullets in trade dispute. The U.S made a great deal with Mexico and Canada have a few days left to make a new deal. In the meantime, the tariffs on China is now 10 percent, or $200 billion on Chinese exports.

The U.S exports less to China than China exports to the U.S. Therefore, this trade war will hurt China more than the U.S, and President Trump`s regulations and tax cuts is whats really driving the U.S economy right now.

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shiny bull. The author has made every effort to ensure accuracy of information provided; however, neither Shiny bull nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities or other financial instruments. Shiny bull and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

 

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Donald Trump is the best negotiator that we`ve seen in decades and America is back

There is no doubt; Trump is a great negotiator. The best in decades. He know how to play this game, mainly because he is a business-man. He made a deal with “the rocket man” and now he is making a deal with the EU. Mr Trump is making America great again, and Trump is a good cheerleader.

US and EU agreed today to work toward zero tariffs and zero barriers. European Commission President Jean-Claude Juncker didn`t reveal any details on what they specifically agreed to. Nor did President Trump.

“We will also work to reduce barriers and increase trade and services, chemicals, pharmaceuticals, medical products as well as soybeans,” Trump said. “Soybeans is a big deal.”

The farmers have supported Trump despite the fact that the prices of Soybeans has plummeted. Now, this has changed. The European Union is starting to buy soybeans from the U.S immediatly and EU is a new market that have opened up for them. That`s what I call business.

Foe or frenemy? Trump calls EU leader “smart” after ripping Europe.

The U.S has lost a lot of money on the deal with EU so far. That is about to change. In proposing new trade talks with the European Union, Trump said, “we want to further strengthen this trade relationship to the benefit of all American and European citizens.”

So, why is a trade agreement so important? International trade is important for the Netherlands and the European Union. Like international investment, it generates economic growth and employment. Around a third of the Netherlands` national income is related to trade.

59% of the Dutch population work for a company that imports and/or exports goods and services. In addition, 800,000 people work for foreign companies operating in the Netherlands. Trade is therefore very important to their economy.

That`s why the Dutch government aims to make effective international trade deals. Like the Transatlantic Trade and Investment partnership (TTIP) between the EU and the US. The Netherlands stands to gain from this trade agreement between the EU and the US.

The Dutch and American economies are already closely linked. The Netherlands is the third largest investor in the U.S. While the U.S is the Netherlands` largest trading partner outside the EU. The Netherlands exports goods to the value of €20 billion to the U.S every year.

European carmakers climbed after President Donald Trump backed off his threat to levy tariffs on cars imported to the U.S during a meeting with Juncker. Many automaker shares jumped on Thursday after the good news.

Germany`s VDA auto industry association called the meeting “a big step forward” and “good news for industry and consumers on both sides of the Atlantic.”

“We had a big day, very big,” Trump said during a press conference with Juncker. “We are starting the negotiation right now, but we know where it is going.”

Mr Trump is a winner and America is back.

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