“Or with us or with China», Suffering in this case i American duties: it is the last Aut aut of Donald Trump in the world and the premier Giorgia Meloni It could be the first foreign leader to have to give an answer to the tycoonin the bilateral of Thursday to White house.
In the meantime, the ice cream of the Cutting of world growth estimates Due to theescalation of the commercial war unleashed by The Donald. Second Fitchthe global economy will increase less than 2%this year, or 0.4 percentage points less than the previous forecasts. The growth of United States And China It was cut by 0.5 points to +1.2% for the USA and less than 4% for China, despite a first trimester sprint of 5.4%, beyond expectations. THE’euro area Instead it will grow less than 1%.
“The day of American liberation”, when Donald Trump announced i dutiesstresses Fitch, proved to be “worse than expectations. Although the rates were then suspended and replaced by almost universal duties of 10% for 90 days, it shock caused a series of retaliation measures between the China they United States“Says the US rating agency, underlining that” it is difficult to provide the American commercial policy».
“THE’Escalation of duties will affect commercial flows between USA and the China»And he will feel on theAmerican inflationwhich will go up to 4%. “THE’uncertainty He is hitting the Investment prospects of families and the decline in equity securities is reducing the richness of families», Fitch highlights.
The forecasts of the WTOwhich cut the estimates on the world trade: in 2025 exchanges will fall between 0.2% and 1.5%.
But Trump keeps the hard linedespite the strong internal oppositionincluding the cause announced by the dem governor of the California Gavin Newsom against his Tariff crusader: «We are collecting with the duties hundreds of billions of dollars After many decades in which we were robbed, “Tycoon said in an interview with Fox Noticias.
So he launched his threatadding that it could force countries to choose between United States and the Chinaas he already did Panamarenouncing to renew their adhesion to New Chinese silk road. A step also taken byItalywhich however has relaunched the strategic partnership with Beijing.
The threat of the tycoon Find confirmation in the revelations of Wall Street Journalaccording to which now the USA they want to use i negotiations on duties For isolate Chinawhich remains the main objective of the commercial war. Creator and director of the operation on Treasure Secretary Scott Beesent.
The idea is to obtain engagements by American commercial partners for strangle the Chinese economyin exchange for the Reduction of commercial and tariff barriers imposed by White house. US officials intend to negotiate with over 70 countries to ask them to prevent Beijing to send goods through their territories, to prevent the Chinese companies they are taught to evade the US duties, and not to welcome low -cost Chinese industrial goods in their economies.
These measures aim to hit aChinese economy already fragile and force the Dragon to sit at the negotiation table with less contractual powerin view of possible interviews between Trump and the Chinese president XI Jinping. Specific requests will vary from country to country, based on their level of involvement with the Chinese economy.
The US strategy also provides for the cut of economic ties Between China And USA through i duties and, potentially, theExclusion of Chinese actions from American bagsas ventilated by the same Besent In a recent interview a Fox Business.
Meanwhile, the Hong Kong posts they announced that they will interrupt all Shipments of direct goods in the United States In response to Trump “intimidating” tariff increasesWhile XI he continues his Journey to Asia inviting to strengthen theCina-Asean free trade area.
From the Dragon The first shy but conditioned signs of opening to negotiations with the USA. «If the United States really want to resolve the question with the dialogue and negotiationsthen they should stop exercising Extreme pressureto threaten and blackmail, starting to speak with the China on bases of equality, respect and mutual advantage», Warned the Foreign Ministry.