The litmus test has now begun for Trump!
US President Donald Trump's style has always been different and now in the US-China trade war, he has again done what was expected of him. Strong bets, high tariffs and a lot of political drama. But this time the stakes are bigger and the game is no longer just political, but has become one that shakes the global economy. This is the reason why the whole world now keeps an eye on every plan of Donald Trump.
Trump's 'detailed planning' is tangled
Former US President donald trump has imposed 145 percent tariffs on china and is claiming that all this is part of his 'detailed planning'. But after this decision, there is turmoil in the markets around the world and there is an atmosphere of confusion inside America as well. white house officials are saying that everything is going 'according to plan', but sometimes imposing tariffs, then giving discounts on phones and computers and then saying that no, they will also be subject to tariffs...all these steps seem to complicate the trump administration's policy.
'No calling Trump' is China's answer
China's President Xi jinping has not yet responded to any request or initiative of America for talks. According to reports, beijing is currently avoiding talks. china believes that this policy of America is 'bullying' and china will not bow down to this pressure. For china, this is not just a trade war, but a question related to its sovereignty and global status. This is the reason why jinping does not want to create any kind of "bow-down" image.
America vs china, who is more at a loss?
The trump government claims that America has more power. America does not export as much to china as china does to America. But many experts believe that the Chinese government can bear the economic pressure imposed on its people, while the American people are more sensitive to inflation, shortages and losses in retirement funds.
Is Trump's political ground also shaking?
According to a recent CBS survey, Trump's rating of handling the economy and inflation is falling. 60 percent people believe that he is not able to handle inflation properly. Not only this, 75 percent people believe that due to tariffs, prices will increase further in the coming time. This move of trump becomes more risky for him because in his election promises he had talked about reducing the cost of food and housing.
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