Many Chinese producers of electronic components are giving indian businesses discounts of up to 5% in the midst of the US-China trade war that is intensifying as a result of tariffs. In order to boost demand, indian electronics makers may choose to pass along a portion of this discount to customers. This move might lower the cost of several products in India, including TVs, refrigerators, and smartphones.
According to experts, the trade war will raise the cost of goods coming to America from china, which could lower demand. Pressure on Chinese component producers is rising as a result of the lack of demand. In this case, these manufacturers are offering discounts to indian businesses to boost demand.
To put it simply, a $100 Chinese-made product will suddenly cost $225 when it arrives in the US due to a 125% duty. There will be less demand for and sales of Chinese goods in the US as their prices rise.
Following the imposition of tariffs on china, white house press secretary Caroline Levitt declared in Washington that "President trump will hit you harder when you hit America."
Negotiations are how the united states and china hope to resolve this trade conflict. Wendy Cutler, a former US trade official and vice president of the Asia Society Policy Institute, stated that the impasse in the two nations' bilateral relations makes this a difficult road. china is not showing interest in bargaining.
Trump has stated that America will raise tariffs on items originating from a nation that places high tariffs on American goods. "Reciprocal tariff," he said. On april 2, trump declared, "Today is Liberation Day, which America has been waiting for a long time," and he slapped retaliatory tariffs on around 100 nations.
Donald trump, however, delayed the reciprocal tariff on all nations—aside from China—for ninety days on april 9. China has not demonstrated respect for the global market, according to Trump. I am raising the tariff to 125% for that reason. It's hoped that china will quickly realize that robbing America and other nations is no longer an option.
According to experts, the trade war will raise the cost of goods coming to America from china, which could lower demand. Pressure on Chinese component producers is rising as a result of the lack of demand. In this case, these manufacturers are offering discounts to indian businesses to boost demand.
To put it simply, a $100 Chinese-made product will suddenly cost $225 when it arrives in the US due to a 125% duty. There will be less demand for and sales of Chinese goods in the US as their prices rise.
Following the imposition of tariffs on china, white house press secretary Caroline Levitt declared in Washington that "President trump will hit you harder when you hit America."
Negotiations are how the united states and china hope to resolve this trade conflict. Wendy Cutler, a former US trade official and vice president of the Asia Society Policy Institute, stated that the impasse in the two nations' bilateral relations makes this a difficult road. china is not showing interest in bargaining.
Trump has stated that America will raise tariffs on items originating from a nation that places high tariffs on American goods. "Reciprocal tariff," he said. On april 2, trump declared, "Today is Liberation Day, which America has been waiting for a long time," and he slapped retaliatory tariffs on around 100 nations.
Donald trump, however, delayed the reciprocal tariff on all nations—aside from China—for ninety days on april 9. China has not demonstrated respect for the global market, according to Trump. I am raising the tariff to 125% for that reason. It's hoped that china will quickly realize that robbing America and other nations is no longer an option.
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