US President Donald Trump has announced reduced recipes. Trump’s decision can create disorders in business around the world. Trump gave a lot of threats about the first price. However, generosity was shown during the price announcement. Why has Trump’s position on the price remained so light? Would the world trade war behind it or the inner response to the asset? Let’s try to know why Trump showed such a soft attitude on the price.
Trump pricing policy: What did you do and what have you done?
On April 2, Donald Trump announced the price on release day. Trump named it reduced recipes instead of an access rate for reception. In his speech, Trump used words such as theft, tumult and rape to describe the price imposed by other American countries. However, Trump’s rhetoric does not correspond to the price.
China was imposed at 34% price and 27% on Indian products, but despite this, these costs do not seem as fast as their rhetoric. These prices will be in force from April 9.
Donald Trump is a veteran businessman. He has a big name in real estate affairs. The commercial approach impressed him here, but the economy also arrested him. However, it clearly does not clearly clearly that this is the important reason to give discounts on prices.
However, Donald Trump has announced that they are 10% prices on all countries in the world. Even these countries have been imposed prices that do not put any prices on America. It is possible to increase inflation by imposing a basic rate of 10% on imported goods. American citizens will be affected by high prices. Whether citizens shop or build a house, the price will be affected.
Experts believe that the price imposed by Donald Trump can increase import costs for Americans. In some regions, jobs can go and inflation pressure may increase.
Foreign manufacturers can put the additional cost of American companies and consumers. Due to which daily articles will become dear in America. Overall inflation can increase due to the high price of rectangular goods. This will reduce the purchase power of American consumers.
For example, recently, high steel costs in the world market have become serious concern. If we remember the 2018 incident, when the increase in prices on steel and aluminum imports increased the cost of products, demand decreased at that time and due to these companies had to settle their employees. This situation can happen again.
The first sign of this can be found by reducing the rate of goods made in America. In March, there was a drop in manufacturing in the United States, when it increased in the previous two months. This situation has made the situation more rigid, because of which the inflation rate at the factory door has become the highest in the past three years. It was reported in a report by the first reuters of the price published by Trump.
Reuters ‘report also said that consumer and companies’ confidence has decreased due to prices.
What does the LPL Financial economist say?
Jeffrey Roach, chief economist of the LPL, said in a conversation with Reuters that the price increase and slow commercial activity indicate that the American economy could lead to stagflation. This situation will not only indicate the recession in the economy, but can also have a deeper economic effect.
Trump and his pricing team, including the trade secretary, Howard Lannik, will be aware of all risks. It is believed that Lutynik must have suggested the price to Trump. If there is something that does not go with the price, they will be condemned.
In a conversation during India’s conclave today, Rootnik clearly stressed that the prices would not increase inflation pressure in the United States. The price does not increase inflation, as you know. I mean, India has the highest in the world, otherwise, so the second highest rate rate. And because you have such high rate rates, do you have inflation? Certainly not. Many people do not agree with me.
MSNBC host and senior business analyst Stephanie Rul said that those who were angry with the economy in the United States elected Donald Trump. Because Trump has promised that inflation would reduce. However, Trump’s decision to apply the price can increase inflation. American citizens are experiencing the impact of prices when the grocery stores goods in stores, the renovation of the house and the insurance of the vehicle.
According to JP Morgan, if the price imposed by the United States continues, the United States and the world can go to the recession.
Due to the price, the rival countries of America will now oppose openly. As China and the European Union have expressed their intention.
Peter Richiuti, a principal teacher at finance at the Freeman School of Business at the University of Tulane, told Newsweek (magazine) that most countries would correspond to the price. The price has never proven to be effective.
