human1234 Posted March 28 Report Posted March 28 BREAKING: The EU is considering 'hitting US services exports, including Big Tech's. https://www.reddit.com/r/stocks/s/Mwyriuu3IM Quote
human1234 Posted March 28 Author Report Posted March 28 Was reading about it that china is real.winner. They were smart enough to move their manufacturing and dsturbution to other countries One of the reasons given why China is the real winner is because Trump and his Tarrifs policies were so predictable .....They took measures to counter them by opening shops in Vietnam, Cambodia Pakistan Africa and Latina America and Mexico. NPR had a interview where they said these Chinese manufacturers do everything from assembly to as little SD just installing screws and calling it manufactured in that other country.. They also drop ship from other countries to avoid tarrifs. Purchased car parts from Amazon or rocket auto they were sent from Mexico and purchased something else electronic or.some decorative coin, and it was from china but got shipped from Dubai https://www.reddit.com/r/stocks/s/5j3G2sHUnD 1 Quote
human1234 Posted March 28 Author Report Posted March 28 Trump has handed the globe on a golden platter to China. Even cutting USAID is allowing China to woo other countries by being the big supporter since the US dropped out. Russia loves it because we're being weak and China loves it because now they get to move ino other countries. https://www.reddit.com/r/stocks/s/7ePuTb33tH Quote
human1234 Posted March 28 Author Report Posted March 28 Car industry is 4% of extra-EU exports, so no - Europe does not "run on car exports". And while the trade deficit of the US with the EU is sizeable, at around 150b, the US still exports 370b of stuff to EU. Big tech services are not a part of that and to me the numbers are a bit unknown. But if we look at the overall services revenue of big tech at 1.7 trillion and a split of at least 20% of that coming from eu, then overall the US has much more to lose with this trade war. https://www.reddit.com/r/stocks/s/RUKWbJINbL 1 Quote
HugoStrange Posted March 28 Report Posted March 28 10 hours ago, human1234 said: Car industry is 4% of extra-EU exports, so no - Europe does not "run on car exports". And while the trade deficit of the US with the EU is sizeable, at around 150b, the US still exports 370b of stuff to EU. Big tech services are not a part of that and to me the numbers are a bit unknown. But if we look at the overall services revenue of big tech at 1.7 trillion and a split of at least 20% of that coming from eu, then overall the US has much more to lose with this trade war. https://www.reddit.com/r/stocks/s/RUKWbJINbL Bro, if this is true then SPY500 will go to 350 by end of the year. Quote
Anta Assamey Posted March 28 Report Posted March 28 Tatha already deadly warning ichadu... ilanti veshalu veste additional ga 25% vestanu ani.. Quote
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