Eurasia Review on Nostr: Trumpism 2.0 And Trade Tug-of-War: Hubs And Spokes In US And China In ‘Trump’s ...
Trumpism 2.0 And Trade Tug-of-War: Hubs And Spokes In US And China In ‘Trump’s Political Mind’ – Analysis
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Under 'Trumpism 2.0', President Donald Trump has reinstated tariffs focused on China, with a new 10% tariff on all Chinese imports effective February 4, 2025; Mexico and Canada received a temporary exemption from 25% tariffs; Trump's removal of a customs exemption could impact Chinese e-commerce firms; China has responded with targeted 15% tariffs on U.S. fossil fuels, effective February 11, 2025; China has also introduced limited export controls on critical minerals and an antitrust investigation into Google; Trump's tariffs are partly justified by the fentanyl crisis, with potential symbolic concessions from China; the suspension of the de minimis rule could disrupt Chinese e-commerce giants like Temu and Shein; Trump's policies may reinforce Xi Jinping's push for economic self-sufficiency; the concept of 'friendshoring' is becoming outdated as Trump prioritizes U.S. manufacturing; the Trump administration has weakened U.S. national security measures, impacting countermeasures against Chinese influence; the article draws parallels between Trump and past presidents like Reagan and Roosevelt in shaping economic cycles.
#Trump #China #Tariffs #Trade #Economy #Ecommerce #NationalSecurity #Politics #Manufacturing #GlobalRelations
https://www.eurasiareview.com/06022025-trumpism-2-0-and-trade-tug-of-war-hubs-and-spokes-in-us-and-china-in-trumps-political-mind-analysis/
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Under 'Trumpism 2.0', President Donald Trump has reinstated tariffs focused on China, with a new 10% tariff on all Chinese imports effective February 4, 2025; Mexico and Canada received a temporary exemption from 25% tariffs; Trump's removal of a customs exemption could impact Chinese e-commerce firms; China has responded with targeted 15% tariffs on U.S. fossil fuels, effective February 11, 2025; China has also introduced limited export controls on critical minerals and an antitrust investigation into Google; Trump's tariffs are partly justified by the fentanyl crisis, with potential symbolic concessions from China; the suspension of the de minimis rule could disrupt Chinese e-commerce giants like Temu and Shein; Trump's policies may reinforce Xi Jinping's push for economic self-sufficiency; the concept of 'friendshoring' is becoming outdated as Trump prioritizes U.S. manufacturing; the Trump administration has weakened U.S. national security measures, impacting countermeasures against Chinese influence; the article draws parallels between Trump and past presidents like Reagan and Roosevelt in shaping economic cycles.
#Trump #China #Tariffs #Trade #Economy #Ecommerce #NationalSecurity #Politics #Manufacturing #GlobalRelations
https://www.eurasiareview.com/06022025-trumpism-2-0-and-trade-tug-of-war-hubs-and-spokes-in-us-and-china-in-trumps-political-mind-analysis/