Trump focuses his economic war on China. Will the United States allies follow?

An economic war broke out of the world’s mighty, with the United States against China in the multi -dollar Bownat from the definitions.

In this epic geopolitical confrontation, the United States relies on the presence of friends next to it. Unfortunately for these allies, the United States has not all finished spraying them with friendly fire.

President Donald Trump sent stock markets on Wednesday by reducing some definitions that the market was brought up with-although many of them are still existing.

Trump admitted that he saw the wild reaction in the bond markets that had some experts who express fear not only of the collapse of stocks, but a complete financial crisis.

So the US President turned into the plan B: “You must be flexible,” Trump said on Wednesday.

What does that mean? This means different things, for different countries – for China, for North America and the rest of the planet.

China will now get a 125 percent tariff, which may close large areas of the American market.

The effects of ripple can be huge, from the markets of Chinese goods that are not sold, to the world’s markets, to the most exciting repetition of tensions.

“From a Chinese perspective, I think this is much more than just a trade war-more than). This makes it difficult to be optimistic,” said Bill Bishop, a US-based Chinese analyst at Podcasts.

“We have begun to decrease the relationship between China and the United States.”

Other countries are not hit hard, but they are also not dormitory.

Most of the world now gets a 10 percent tariff – which was the minimum tariff that was announced last week – as well as a larger tariff for steel, aluminum, cars, wood and potential pharmaceutical preparations.

What about Canada?

Well, if you are confused, do not feel bad. As well as the White House. Under Wednesday, the Trump administration performed two sessions in North America.

It was initially Egypt that Canada and Mexico would get the new customs tariff by 10 percent; Then silence for a while when I requested details. By late in the afternoon, it fell. His final position was the status quo.

The bottom line is: Nothing changes in Canada this week. Countries will negotiate an update for their commercial and security arrangement after the federal elections.

Meanwhile, Canadians still get a Swiss cheese of duties: 25 percent on steel and aluminum like anyone else, some car parts, and some goods circulating outside the rules of the Canada-United States Convention.

All this was made for some strange scenes in the Capitol Hill.

Through the absolute coincidence, with the outbreak of all this news, it happened that the representative of the commercial president is witnessing a routine session in advance.

Jamieson Greer was speaking for hours, defending Trump’s commercial policy, when people in the room suddenly learned to climb the tariff.

“Did you know that this was happening?” Representative Stephen Horford Jarir requested.

Jarir was mysterious on what he discussed with Trump.

“WTF. Who is responsible?” Democrat said in Nevada. “This is an amateur watch – and you should stop.”

“It seems that your boss has pulled the carpet out of your underground … there is no strategy. I have just discovered. Three seconds. Sit here.”

Jarir seemed to point out that, in fact, he knew that the declaration of customs tariffs was a possibility, but he did not explicitly claim that he would realize that he would come, saying: “We discussed all kinds of options.”

At that particular moment, the stock market was suffering from one of the most storms in history, as the S&P 500 rose about 10 percent, although it is still declining a year.

But this festive investor reaction is the most realistic reality that world trade will remain in a mysterious place for several months.

The United States maintains the highest tariff in generations. He is involved in an economic war with one of the most populated countries on earth. And its allies are confused.

Many Democrats, Trump’s commercial representative, warn in hearings this week that the United States burns valuable relations.

“(Definitions on) China, I understand completely,” said MP Boulan Boyle of Pennsylvania on Wednesday. “But why do you follow Canada? Why do we follow our closest allies in Europe? This is meaningless. (You) unify the whole world now: not against China, but against the United States.”

Some Democrats asked why any country wanted to sign a deal with the United States now, when Trump ignores the deals.

The administration insists that they have a good reason.

First of all, Jarir said, CUSMA is still in effect, as it provides protection from definitions of many goods – albeit not all -. He said that the United States is still the largest market in the world, and you will want countries.

Treasury Secretary Scott Beesen mocked the idea, which was raised by one European politician, from the countries that turn from Washington to Beijing.

“This is a loser proposal,” he told Fox Business. “Basically, China is surrounded.”

She predicted that the decline in access to US agents will force China to throw products on global markets at rock prices.

He urged other countries to prepare to protect their industries from this upcoming collapse of cheap commodities. “Guess where they go to land: on the European beach.”

He said that the best approach is to work with the United States to force China to buy more of the rest of the world, and to balance its economy away from relying on cheap exports.

What does the United States specifically want?

As Jarir mentioned several times, the United States is publishing an annual list of complaints about commercial practices for other countries.

this year edition It contains six pages in Canada, which includes a well -known grip about dairy and digital taxes, and recently the new language law in Quebec.

The Chinese section is 48 pages; The document is mentioned 867 times.

And everything that happened this week-the stock market is destroyed; Increased sudden bonds. Warnings of financial crash; Revenge is the changing White House policy; The contradictions that involve Canada; Trump himself admitted that he needed to be flexible – everything is planned, his assistants insist.

The “Trump’s main strategy, the bold state ingenuity and great tactical planning, reformed the broken international trade in more days than anyone achieved during decades while the global architect of economic aggression: China is isolated.”

This is the official line, at least.