Trump Warns India Could Face Tariffs Between 20% And 25% | Metals Mine
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TimmyBTrades
Jul 29, 2025 12:58pm
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Why would they care? The "good" option of 15% tariffs is only marginally better than the "bad" option of 20%.

All it takes is one investment of $600b to shave off a couple of percentage points.
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aldonin
Jul 29, 2025 7:28pm
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Orange TACO again
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NotAtrader
Jul 30, 2025 4:10am
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Quoting Vancarbon
The BRICS are quietly going about their business . The US is not the epicentre of global trade , it’s a powerhouse , yet only an integral cog in the wheel .
"The US is not the epicenter of global trading"?

Well trading volume 2024:

USA 54.7 trillion US$
China 6.16 trillion US$
EU 147 billion U$
India 3.35 trillion US$
Japan 447 million US$

As you see, US has by far the largest trading volume among the leading countries in the world. BY FAR.
If US decides to make 1 RPM, all other countries have to make hundreds of RPM to keep up with US which is equal to self-destruction.
There is a reason why many countries (including some western countries) hate the US hegemony. The truth however is that such hatred only makes the problem bigger. Cooperation and globalization is the only solution. All kind of separatism, polarization and isolation will lead to geopolitical tensions.
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NotAtrader
Jul 30, 2025 12:58pm
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Quoting Polimini
{quote} check your facts again, that is not even remotely correct. The US and EU numbers aren't just wrong, they are insanely wrong, they are about the same: +/- 5.4T Japan's numbers are also very wrong. Like you can get stuff wrong, but that wrong, come on man.
If you have better and more correct data/facts then you should post them. Don't just say that I am wrong. Come on post your facts. I got my facts from the internet. If the internet is wrong then I am wrong. 5.4T is only the combined export volume of US and EU where US has 3.19 while EU about 2.2. I am talking about the total trading volume.
And btw I've noticed your post are entirely anti US and anti EU, so no surprise there whatsoever.
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Vancarbon
Jul 30, 2025 4:28am
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Quoting NotAtrader
{quote} "The US is not the epicenter of global trading"? Well trading volume 2024: USA 54.7 trillion US$ China 6.16 trillion US$ EU 147 billion U$ India 3.35 trillion US$ Japan 447 million US$ As you see, US has by far the largest trading volume among the leading countries in the world. BY FAR. If US decides to make 1 RPM, all other countries have to make hundreds of RPM to keep up with US which is equal to self-destruction. There is a reason why many countries (including some western countries) hate the US hegemony. The truth however...
If you actually paraphrase what I wrote in entirety, then you could interpret the words entirely differently .

It requires vision.
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Polimini
Jul 30, 2025 6:45am
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Quoting NotAtrader
{quote} "The US is not the epicenter of global trading"? Well trading volume 2024: USA 54.7 trillion US$ China 6.16 trillion US$ EU 147 billion U$ India 3.35 trillion US$ Japan 447 million US$ As you see, US has by far the largest trading volume among the leading countries in the world. BY FAR. If US decides to make 1 RPM, all other countries have to make hundreds of RPM to keep up with US which is equal to self-destruction. There is a reason why many countries (including some western countries) hate the US hegemony. The truth however...
check your facts again, that is not even remotely correct. The US and EU numbers aren't just wrong, they are insanely wrong, they are about the same: +/- 5.4T
Japan's numbers are also very wrong.

Like you can get stuff wrong, but that wrong, come on man.
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The Fool
Jul 29, 2025 2:53pm
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The value of US imports from Russia is tiny, only $3 billion in 2024. It's the secondary tariffs for imports from other countries that will make some noise.
Vancarbon
Jul 29, 2025 1:04pm
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The BRICS are quietly going about their business . The US is not the epicentre of global trade , it’s a powerhouse , yet only an integral cog in the wheel .
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Polimini
Jul 29, 2025 3:10pm
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not sure that's any worse than 15% for them. And they get the added bonus of not bending over to kiss the orange orangutans ring.
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aldonin
Jul 29, 2025 7:26pm
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[quote=tradebake;15329934]But are the Russia tariffs 100% just to Russia, or also secondary tariffs to countries that buy Russian oil?[/quote For all who buy Russian oil, including Europe
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tradebake
Jul 30, 2025 2:42am
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Quoting aldonin
Quoting tradebake
But are the Russia tariffs 100% just to Russia, or also secondary tariffs to countries that buy Russian oil?
For all who buy Russian oil, including Europe
It will be interesting scenario if/when secondary tariffs are set, and in what level eventually. Many European countries are buying various energy sources from Russia. Also I wonder if uranium included in tariffs.
Soon we will know more details.
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rocktrader86
Jul 29, 2025 12:42pm
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He's already woken up, he's going to say something that will move the market.
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Gudi83
Jul 29, 2025 12:47pm
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Sick of this piece of ,let the market go
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tradebake
Jul 29, 2025 12:50pm
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But are the Russia tariffs 100% just to Russia, or also secondary tariffs to countries that buy Russian oil?
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Trader#12EE
Jul 29, 2025 2:54pm
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it's likely all the countries will just provide lip service to the US and eventually just quietly walk away and go about their own business since it's too troublesome to deal with the trump administration
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Trader#F4CD
Jul 29, 2025 12:39pm
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Gold fly to 3345
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Trader#149E
Jul 29, 2025 12:39pm
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India dont give a damn about USA LOL
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