https://sputnikglobe.com/20250123/why-trumps-100-brics-tariff-threat-looks-like-bluff-1121485296.html
Why Trump’s 100% BRICS Tariff Risk Seems to be Like Bluff
Why Trump’s 100% BRICS Tariff Risk Seems to be Like Bluff
Sputnik Worldwide
Tariffs on imported items “would have a direct impression on inflation” within the US, warns Hong Kong-based political and monetary analyst Angelo Giuliano.
2025-01-23T19:03+0000
2025-01-23T19:03+0000
2025-01-23T19:03+0000
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Even when proceeds from these tariffs would assist fund the re-industrialization of the US, it doesn’t assure that the US will thus achieve the “aggressive edge” that nations like China have.The nations whose items can be affected by these tariffs would possible retaliate with tariffs of their very own on US exports.Such tariffs would have an effect on “low added worth industries” within the US, “the place there’s little or no margin and the place there’s loads of added worth by way of labor.”One other of Trump’s insurance policies, the drive to deport all unlawful migrants from the US, may additionally have a adverse impression on US shoppers as a result of the labor of those migrants at present interprets into low costs in service and manufacturing trade.
https://sputnikglobe.com/20250123/trumps-100-brics-tariff-pledge-could-us-face-a-backlash–1121483559.html
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us import tariffs, trump tariff plan
us import tariffs, trump tariff plan
Tariffs on imported items “would have a direct impression on inflation” within the US, warns Hong Kong-based political and monetary analyst Angelo Giuliano.
Even when proceeds from these tariffs would assist fund the re-industrialization of the US, it doesn’t assure that the US will thus achieve the “aggressive edge” that nations like China have.
The nations whose items can be affected by these tariffs would possible retaliate with tariffs of their very own on US exports.
Such tariffs would have an effect on “low added worth industries” within the US, “the place there’s little or no margin and the place there’s loads of added worth by way of labor.”
![A symbolic BRICS banknote. File photo - Sputnik International, 1920, 23.01.2025]( "A symbolic BRICS banknote. File photo")
Trump’s 100% BRICS Tariff Pledge: Might US Face a Backlash?
One other of Trump’s insurance policies, the drive to deport all unlawful migrants from the US, may additionally have a adverse impression on US shoppers as a result of the labor of those migrants at present interprets into low costs in service and manufacturing trade.
