Sunday, April 6, 2025

Reciprocity..


President Trump placed Tariff on certain Chinese product in his first term as president. Then Came President Biden who kept the Trump's Tariff and added more Tariffs to it on Chinese product [technology items.]

So this is a common technique used by various administration to redirect economical activities one way or another. 

However Total Reciprocities' is another trickery situation with an unknown outcome.

This can be compared to Biden's Sanctions on Russia's energy and cancelling Key Stone XL pipeline and Nord Storm 2 followed by the destruction of Nord Strom 1 pipelines.

On that "high five" sanctions, by US and EU, the outcome was Inflation that reached 20 % in Europe and 10 % in the USA which people are struggling with it for 4 years.   

Just a thought.

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