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Post on Medial

SAGAR BIKKAD

Stealth • 1m

In the trade war between America and China, our condition is like that man..😬 How what?👇 The US yesterday imposed higher tariffs on imports of steel, solar modules, batteries and EVs from China. This made those Chinese things expensive in America. That means Chinese things will sell less there. But..for example China has set up so many giant steel factories that tomorrow if all the world's steel factories shut down and China's continues, China will be able to supply the steel demand of the entire world..🤯 Now China exports this excess steel etc. to India..in that India falls close..that means it can afford to give even cheaper steel in India. So cheap that by making steel in India, the steel produced in our factories is more expensive than in China. So India also imposes high taxes on Chinese goods..but despite that China is exporting ~8 Lakh Crores (~ 110 B$) to India every year..🤯

1 replies5 likes

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SAGAR BIKKAD

Stealth • 1m

And do you know how much India exports to China? A maximum of ~1 lakh 60 thousand crores! (~16 B$) That means India today is getting stuck in China's debt of ~ 6 lakh crores (annual trade deficit with China ~ 85 B$) without doing anything..🤯 (in the debt of India's enemy?!) Anyway..we should have known this because - those things which will be taxed in America now will come to India (dumping) and it will increase the risk of the companies manufacturing those things going into losses..😑 So, look at the above list carefully and if you have the shares of the companies involved in it, keep an eye on it..✌️ #StockMarket study # m

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