But also blame Trump for all the Tarrifs that he put on China. Those Tarrifs affected a lot of people world wide. Import costs from China rose by 40% after those Tarrifs
If, Yuan is 2.5% then what about the Ruble, Rupee n asean trading in their own currencies??? Not to mention many other countries trading in their currency??? It's really disappointing to uncle Sam but then thanks to Biden. Countries will soon be unable to have their assets seized, threaten to cut off from SWIFT n sanction. Whether uncle likes it or not. Usd hegemony is over n we are glad we have to DE RISK from using dollar. For decades, we get no thanks from using dollar but sanctions, pressures, threats, invasion, bullying, assets seizing..etc. So, why isn't de dollarisation good for the world???.
I guess most countries are sick of the bullying by the US. By weaponizing the dollars and seizure of their assets, the west had shown that they cannot be trusted and like Russia, they will face the same fate if they ever offend or are deemed a threat. Everyone is aware that the US dollar is now worthless and that the US is a bankrupt country that can only resort to wars and threats to remain significant but this too will soon change with the rise of BRICS and their allies.
What a load of tosh. Dont they have GMO seeds they can use those. As for meat they can grow that in the laboratory, isn’t the what Dr Fauci and Dr Gates advocated long ago???
America allegedly produces more oil than any Mid east, Russian or South American oil giant, yet Americans are still paying record high fuel prices under Biden. America also allegedly produces more soybean, canola, wheat and other food than Brazil, Australia or EU, yet food prices in the US are driving American families into food poverty. Forget the name calling, blame game and political pork barrelling, but where's the "We're the biggest, baddest, smartest, cleverest and fittest " really?? The world needs to see, feel and experience the 'exceptionalism' at work down at the pump or the store - where the rubber meets the road. If you've been taking most of the candy from the kids in the playground forcefully, and they've walled off their 'section' (BRICS+) to prevent their candy being stolen, it speaks more about you and your 'practices' than anything. Stand up, straighten out and do better, America.....much better.
How could Chinese EVs explode in Canada when EVs are not generally available and sold in Canada? Even Tesla is not available in Canada. You have to cross the border and get them from the US.
The WTO rule is that it is not dumping just because China's price is less than that of Canadians. It is dumping if China's export price is lower than that of China's domestic price. You are brainwashed by your government's propaganda.
Why you have a very good trade relation with China since 1980 and then your master in Washington push you to tear up your good relationship and create tension to please the boss in US, you know you are no longer a savorign country and being a good foot soldiers in the front line. China will find the all imports that was once from Canada in South America, wood, corn, seafood and everything else. Canada can keep their big EV manufacturing if they deem that is what they attempting to protect.
It is the fault of Trudeau that Canadian economy is heading to a disaster as China retaliates with cancelling canola import from Canada. With the high Canadian costs of living its farmers can never sell their products to others without significantly lowering the prices. Canadian farmers will suffer losses and many will fall as a result. Trudeau’s stupid move in raising EV’s import tariffs for Chinese EVs is the direct consequence of the Canadian canola disaster.
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Seriously, Is Canada expecting China not doing anything when it's EV was slapped with 100% tariff. China's reaction was base on simple economics nothing more than that.
China has every right to slap tariffs on Canada, Europe, Australia and the USA if they do the same to China.The West has less and less leverage against China, Russia and the Global South majority.
Canada implementation of tariffs on China Imports is not based on own wise decisions for its own benefits,therfore it faces the consequences of what its done which is unnecessary!
Brazil you mean. The only real competitor to USA on agriculture on world stage. Brazil has been surprassing USA in exports and production in several agriculture commodities over the years and it is set to soon become the largest food exporter in the world, doing a huge hit on America's geopolitical power
If Canada spent our money on building our manufacturing instead of armaments and fossil fuel subsidies we would be better able to compete. Friends are less expensive than enemies, and Canadas started this conflict.
China has been developing and vastly expanding it's own agricultural production including cranola, corn, wheat and dairy produce, also the totally sanctioned by the west Russia is the worlds near largest producer of grains where China can get a far better economic deal than any deal with political hooks from the west. Free trade means one is free to trade with whomever one wishes and agrees to trade with after all. The old unipolar world is now obsolete and can only be replaced with a free and fair trade multipolar world without tariffs or sanctions or obsticals to all of our commonwealth and global happiness. Yes the world can be made into a better place for everyone.
