Trump's Tariffs: Protectionism or Peril? Explore how U.S. trade policies risk global economic stability while creating opportunities for BRICS nations to reshape world trade dynamics.
You ask ‘Has globalization died?’ Under the BRIX (BRICS+) mosaic model that you talked about earlier this week, I think that globalization as a uni-party top-down organization has died. Globalization as a grassroots independent consortium just went into acceleration mode thanks to the huge inconsistencies with the Trump administration. When you throw sand in the sandbox, the other kids go play elsewhere.
It appears that Trump is dismantling at rapid speed the WW2 matrix. This leaves an opening for BRIX and the SCO. Three of four partners in the mBridge system are Asian banks. I would like to see a more balanced financial approach such as adding the Bank of India or another partner. Is the UAE representing the entire Middle East? I perceive that Africa’s days in the sun are coming.
The BRIX model is more akin to a confederation, a group of independent structures working together on common projects. This is similar to the America model where the states work together, but without the federal overstructure. There are similarities. I could be off-base but BRIX appears to be authoritarian structures working in a democratic organization with significant collaboration vectors.
One can be both pro-America and pro-BRIX because it is pro-evolution. I ponder if nation states tied in uber overstructures like the EU can exist now, the overstructures seem both expensive and inflexible. The world governments are vibrating, and when they hit their resonant frequencies, overstructures can be cast off. The Trump administration just increased both the frequency and amplitude of the vibration. We do live in interesting times.
Seems strange to me that a simple explanation of tariffs seems to elude so many. Tariffs are an IMPORT FEE. Therefore, importers must pay the higher price to bring in products they have ordered. To sell these products & still make a profit, they must charge the higher price, or if the item is in high demand the importer might only raise the price somewhat in order to sell most of the product. The price tag to the consumer will reflect the added import fee. Importers will order fewer products due to less consumer purchases. Therefore, not only will products cost more, there will be fewer of them.
The question of WHERE these import fees actually go when paid by the importer is not being answered. Supposedly the importer pays the fee to the US Treasury. But DJT announced a new entity to collect these fees in his inaugural speech, the Export Revenue Service. Who is handling that & where is the money going?
Reading Von Hoffmeister .:. Does the mosaic of multipolarty require that no one national currency is the reserve currency? Will all curriencies be measured against gold (the other Tier 1 asset)? I am thinking that the global benchmark would be a commodity (Basel 3-4) but it could be multiple commodities.
You ask ‘Has globalization died?’ Under the BRIX (BRICS+) mosaic model that you talked about earlier this week, I think that globalization as a uni-party top-down organization has died. Globalization as a grassroots independent consortium just went into acceleration mode thanks to the huge inconsistencies with the Trump administration. When you throw sand in the sandbox, the other kids go play elsewhere.
It appears that Trump is dismantling at rapid speed the WW2 matrix. This leaves an opening for BRIX and the SCO. Three of four partners in the mBridge system are Asian banks. I would like to see a more balanced financial approach such as adding the Bank of India or another partner. Is the UAE representing the entire Middle East? I perceive that Africa’s days in the sun are coming.
The BRIX model is more akin to a confederation, a group of independent structures working together on common projects. This is similar to the America model where the states work together, but without the federal overstructure. There are similarities. I could be off-base but BRIX appears to be authoritarian structures working in a democratic organization with significant collaboration vectors.
One can be both pro-America and pro-BRIX because it is pro-evolution. I ponder if nation states tied in uber overstructures like the EU can exist now, the overstructures seem both expensive and inflexible. The world governments are vibrating, and when they hit their resonant frequencies, overstructures can be cast off. The Trump administration just increased both the frequency and amplitude of the vibration. We do live in interesting times.
https://substack.com/@calluramichael491850/note/c-108038605?r=1ii73h&utm_medium=ios&utm_source=notes-share-action
Seems strange to me that a simple explanation of tariffs seems to elude so many. Tariffs are an IMPORT FEE. Therefore, importers must pay the higher price to bring in products they have ordered. To sell these products & still make a profit, they must charge the higher price, or if the item is in high demand the importer might only raise the price somewhat in order to sell most of the product. The price tag to the consumer will reflect the added import fee. Importers will order fewer products due to less consumer purchases. Therefore, not only will products cost more, there will be fewer of them.
The question of WHERE these import fees actually go when paid by the importer is not being answered. Supposedly the importer pays the fee to the US Treasury. But DJT announced a new entity to collect these fees in his inaugural speech, the Export Revenue Service. Who is handling that & where is the money going?
Inquiries:
What do you think are the triggers that lead to the BIS removing US Treasuries as a Tier 1 Asset?
How would that impact BRIX? Would it be more positive or negative for BRIX?
Reading Von Hoffmeister .:. Does the mosaic of multipolarty require that no one national currency is the reserve currency? Will all curriencies be measured against gold (the other Tier 1 asset)? I am thinking that the global benchmark would be a commodity (Basel 3-4) but it could be multiple commodities.
Yes, this is an option they are discussing