Malaysia Tears Up Trump Deal, Trade Leverage COLLAPSES
Other countries could follow.
[media=https://www.youtube.com/watch?v=fW9ktCDdgCM]
[media=https://www.youtube.com/watch?v=fW9ktCDdgCM]
36-40, F
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Miram · 31-35, F
They are doing it because the deal is way unstable. Not sure if that is mentioned in the video.
Trump isn't the first politician to use tarrifs the way he did. EU did so for very long time in Africa attempting to turn the continent into purely consumerist environment. And to a large extent they have succeeded. Through arbitrary manipulation of new regulations..
Much similar to Malaysia case, after the deal, they still start investigations in different sectors for "violations " and then put tariffs on those industries. 15% turns 30% in no time.
Trump isn't the first politician to use tarrifs the way he did. EU did so for very long time in Africa attempting to turn the continent into purely consumerist environment. And to a large extent they have succeeded. Through arbitrary manipulation of new regulations..
Much similar to Malaysia case, after the deal, they still start investigations in different sectors for "violations " and then put tariffs on those industries. 15% turns 30% in no time.
Miram · 31-35, F
@Miram
Also, I doubt that the EU will walk out of the deal because they managed to negotiate a clause back then which gives them an advantage to insure more consistency. It is why Trump couldn't pressure them all that much economically about Greenland. They still have a playing card.
It is also about the military leverage the US provides them. They aren't losing.
Also, I doubt that the EU will walk out of the deal because they managed to negotiate a clause back then which gives them an advantage to insure more consistency. It is why Trump couldn't pressure them all that much economically about Greenland. They still have a playing card.
It is also about the military leverage the US provides them. They aren't losing.
Miram · 31-35, F
@SatanBurger It is not really about the deal being bad back then. 15% is not rare in tariffs. But Trump's deals are too inconsistent.
The most factoring part is that after the US court deemed Trump's deal illegitimate, they are now doing investigations to push the line beyond 10%. They want to increase these numbers by claiming that certain industries are violating regulations.
Malaysia best bet is to step out now. EU in the other hand secured better deal and negotiated clauses that protect them from crony trade. They are experts at it after all
The most factoring part is that after the US court deemed Trump's deal illegitimate, they are now doing investigations to push the line beyond 10%. They want to increase these numbers by claiming that certain industries are violating regulations.
Malaysia best bet is to step out now. EU in the other hand secured better deal and negotiated clauses that protect them from crony trade. They are experts at it after all