Back

Havish Gupta

Figuring Out • 11m

Exactly. And this is why the tarriffs would not reduce any Imports and will only increase consumer spending which will end up causing inflation. And the places where China's cost of manufacturing is similar to American (after tarrifs), there other countries like Vietnam, Indonesia or maybe India can help. There's a reason why WSJ called this the dumbest trade war in history! Now we're not as smart as Mr Trump but that's what seems to happen/happening.

Reply

More like this

Recommendations from Medial

Image Description
Image Description

Havish Gupta

Figuring Out • 11m

Trump Has Issued Tariffs on All Major Countries. Does It Really Help the US? In Short: 1) Governments impose tariffs to reduce imports. 2) Higher import costs make foreign goods more expensive in the domestic market (here USA). 3) This encourages

See More
3 Replies
2
8
Image Description

Havish Gupta

Figuring Out • 1y

China and the USA are now in a trade war! And The Wall Street Journal has even calls it “the dumbest trade war in history!” So It all began when President Trump imposed higher tariffs on Chinese goods. The idea was that by raising the cost of impor

See More
2 Replies

Krish Jaiman

Passionate about tec... • 1y

This time, before the Delhi Elections, a lot of politicians did podcasts. But surprisingly there were not any major politicians going for podcasts with YouTubers before these elections , like ig there was none even during Lok Sabha Elections. So wh

See More
Reply
3
Image Description
Image Description

Rohan Saha

Founder - Burn Inves... • 9m

A lot of people might be confused about why the market is falling today. Just to clear things up it’s mostly because of international factors, not anything happening within India. In fact, India’s GDP numbers for this quarter came in better than expe

See More
3 Replies
1
8
1

MOR electricals

Hey I am on Medial • 12m

This concept sounds like a high-return investment scheme, which is often unrealistic or risky. However, if you're looking for a legitimate trading business idea, here's one: "High-Profit Import-Export Trading" Concept: Invest ₹70,000 per month in b

See More
Reply
1
10

financialnews

Founder And CEO Of F... • 11m

Black Monday 2.0 on cards? What happened in 1987 market crash? Why do experts warn of another ‘bloodbath’ | All we know Black Monday: On October 19, 1987, also known as Black Monday, the Dow Jones dropped 22.6%, causing a global market crash. With

See More
Reply
6
Image Description
Image Description

Jayant Mundhra

 • 

Dexter Capital Advisors • 10m

Trump just gifted Indian solar module exporters a crazy big win, and yet nobody’s talking about it 🙏🙏 The US has imposed duties up to 3,521% on imports from Cambodia, Vietnam, Malaysia, and Thailand - nations that supplied 77% of America’s solar m

See More
3 Replies
1
20

Rohan Kute

Business | infograph... • 10m

Why Google Is Considering India for Pixel Production? Alphabet Inc., the parent company of Google, is in talks with Dixon Technologies and Foxconn to move part of its Pixel smartphone production to India. This shift is mainly for phones that will

See More
Reply
1
13
Image Description
Image Description

Jayant Mundhra

 • 

Dexter Capital Advisors • 1y

Why just blame Adani Group? 📛📛 Days ago, there was a big furore over Adani depending on Chinese vendors for the machinery to domestically manufacture solar modules and cells. But, that’s highly misleading. And in fact, it’s highly hypocritical.

See More
2 Replies
2
17

Download the medial app to read full posts, comements and news.