Read more at https://www.channelnewsasia.com/news/world/trump-threatens-eu-auto-industry-over-bloc-s-trade-war-retaliation-10010978
(Updated: )
Ricky Lim ·
Posted on :- 02 Mar 2018
Ricky Lim ·
Singapore
With Trump declaring Trade War with the whole World, the whole World should attempt to create a "buffer zone" against US - by forging multi-lateral trade deals MINUS US.
This is to ensure the whole World trade among themselves - minus US and cushion any fallout from US trade protectionism.
That is - the whole World build a "Trade Firewall" against Trump led US.
Ricky Lim ·
Singapore
With Trump declaring Trade War with the whole World, the whole World should attempt to create a "buffer zone" against US - by forging multi-lateral trade deals MINUS US.
This is to ensure the whole World trade among themselves - minus US and cushion any fallout from US trade protectionism.
That is - the whole World build a "Trade Firewall" against Trump led US.
Like · Reply · 1m
Ricky Lim ·
Only when the World collaborate and cooperate can the World beat Trump's global trade war and force Trump to back down and back off from waging global trade war - that will harm the Global Economy.
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Ricky Lim ·
The World need to teach Trump - what is Economics - "Division of Labour" and how it lead to "Global Trade" - for efficient allocation of economic scarce resources.
BTW, did Trump went for any economic class to learn what is "Economics"?
If not, how does he qualify to be the President of United States ---- and fool around with "Economics" and "Global Trade"?
BTW, did Trump went for any economic class to learn what is "Economics"?
If not, how does he qualify to be the President of United States ---- and fool around with "Economics" and "Global Trade"?
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Ricky Lim ·
The World should start looking at any goods and services that are produced by US - which can be found in other Countries in the World and start to establish the chain of supplies, logistics, merchandise arrangement etc ---- so that in the event Trump turn nasty by levying steep tariffs, World can switch and cut off any trade dealings with Trump led US.
This will effectively create a "Trade Firewall" against Trump ---- and minimise any economic impact cause by tariff and trade war started by Trump.
This will effectively create a "Trade Firewall" against Trump ---- and minimise any economic impact cause by tariff and trade war started by Trump.
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Ricky Lim ·
US export $1.42 trillion to the World and support estimated 10.7 million U.S. jobs.
Each Countries in the World export less than $400 billion to US.
So as Trump tweet :- "It is easy for US to win the trade war". Because Trump say that he has $800 billion war chest (trade deficit).
But actually, if the World collaborate and cooperate - it is easy for the World to win against Trump's self-declared trade war.
Trump will lose $1.42 trillion export and10.7 million U.S. jobs. And the World has $1.42 trillion war chest vs Trump $800 billion war chest - and Trump has 10.7 million job loss (which Trump can ill afford).
Trump will be voted down by American voters - and Trump will lose badly !
The World can tweet :- "It is sub-sub-water 湿湿碎 for the World to beat Trump's trade war hands down".
Each Countries in the World export less than $400 billion to US.
So as Trump tweet :- "It is easy for US to win the trade war". Because Trump say that he has $800 billion war chest (trade deficit).
But actually, if the World collaborate and cooperate - it is easy for the World to win against Trump's self-declared trade war.
Trump will lose $1.42 trillion export and10.7 million U.S. jobs. And the World has $1.42 trillion war chest vs Trump $800 billion war chest - and Trump has 10.7 million job loss (which Trump can ill afford).
Trump will be voted down by American voters - and Trump will lose badly !
The World can tweet :- "It is sub-sub-water 湿湿碎 for the World to beat Trump's trade war hands down".
Like · Reply · 1m
Ricky Lim ·
Conversely, other Countries can setup more multilateral trade deal among themselves to make up for the lost in export to US.
When this happen, the World lost (excluding US) - will be mitigated and the trade war declared by Trump - will only hurt himself and the US he led.
"Trade firewall" will be effectively erected against Trump led US - and it will backfire to hurt Trump and his US badly ---- teaching him a severe but good lesson for launching a global trade war.
It will also stop the domino effect of triggering a WW3 - as seen in 1930's Deep Depression also trigger by US trade war of levying tariff against the World's export which led to WW2.
救世佛 - 打败 - 灭世尊 ！！！
When this happen, the World lost (excluding US) - will be mitigated and the trade war declared by Trump - will only hurt himself and the US he led.
"Trade firewall" will be effectively erected against Trump led US - and it will backfire to hurt Trump and his US badly ---- teaching him a severe but good lesson for launching a global trade war.
It will also stop the domino effect of triggering a WW3 - as seen in 1930's Deep Depression also trigger by US trade war of levying tariff against the World's export which led to WW2.
救世佛 - 打败 - 灭世尊 ！！！
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