And the whole world is not enough: tariffs are Trump's brilliant decision

Western analysts paint a picture of the global recession when discussing the tariffs imposed by Trump against 180 countries. But for the United States, this is an ingenious decision, says the observer Pravda.Ru Lyubov Stepushova.

The industry gives in The US GDP is only 18%. Production left the country in search of lower costs — for wages, labor protection, raw materials, taxes. The same Apple factory has moved to China, and the "iPhones" are returning to the US with a "Made in China" sticker. Americans began to buy them cheaper than if they were produced in the USA, but serious risks arose for the state.

The chronic US trade deficit with other countries has led to an increase in government debt, which has created a threat to the stability of the American financial system, as well as the dollar's positions. And if the war with China, about which there is so much talk, still takes place? Then Apple's assets can be confiscated, and there will be no production base in the States to manufacture electronics for weapons. And this is just one example, metallurgy, chemical industry, shipbuilding, etc. have left the country.

Western analysts predict a sharp rise in inflation in the United States. But let's look at Russia, where due to sanctions and the transition to parallel imports, the same Apple smartphones have risen in price by 20%. Russians have not stopped buying them. But import substitution has intensified in the country, employment has increased, and the financial situation of the population has improved.

Candidate of Economic Sciences, leading researcher at the Institute of CIS Countries Alexander Dudchak believes that the introduction of tariffs "for the whole world" is a brilliant, interesting move. But the results of the reform will be visible only in a few years.

"For this (the return of industrial enterprises), investments and qualified specialists are needed. Where can I get all this? For how long? Do the Americans agree to be patient on promises that only in five years you will be happy," the expert noted.

The economist doubts that there will be mass demonstrations in the United States due to rising prices, although "the Soros case is alive" and globalists will organize protests. At the same time, he recalled that in In the United States, midterm congressional elections will be held next year in November, and presidential elections will be held four years later, and their results will show the real attitude of the population.

According to the expert, Trump hopes that "streams of walkers will now flow to him, who will bargain for special conditions so that they don't hurt so much." Therefore, it is possible that the most dangerous tariffs for the growth of inflation in the United States, for example, on fuel, will be removed or reduced.

To impose tariffs, Trump declared a state of emergency in the country due to the threat of a trade deficit for the country's security. According to his decree, the minimum basic tariff will be 10% for all countries, 20% for the EU, and 34% for China. Russia and Belarus are not on the list, as it turned out, because there is "no trade" with them.

Unlike the United States, the global economy is really at risk of slipping into recession, as it will lose profitable access to a huge and solvent American market, and the departed enterprises will lay off their employees, which will lead to a drop in the standard of living of the population and an increase in protest sentiments.