
"Secondary Tariffs" and "Currency Sanctions"? U.S. Recruits Trade Partners to Contain CCP
Bloomberg reports that the U.S. government is gearing up to pressure countries during #tariff negotiations to restrict trade with China. Imports from certain countries closely tied to China would face #secondary tariffs, which are essentially a form of currency sanctions. According to an insider, the U.S. is expected to demand that Mexico increase tariffs on Chinese electric vehicle imports.
China expert Wang He noted that China still has indirect exports to the U.S. He said, "Trump's reciprocal tariffs are essentially forcing countries to choose sides: are you with the U.S. or with the CCP? If the CCP uses you as a third party to reroute goods to the U.S., I’ll slap tariffs on you too. So, the CCP’s indirect trade with the U.S. will also take a heavy hit."
