Trump suddenly issued a dangerous warning。
On 16 march, local time, former united states president donald trump warned that if he failed to win the november presidential election, it would be a “holocaust” of the united states economy. At the same time, trump threatened to impose a 100 per cent tariff on cars produced outside the united states if he returned to the white house。
With regard to the trump tariff warning, wall street has been expected, and bank barclays predicted in its latest report that if trump wins the presidential election and imposes a 20 per cent high tariff on european automobile manufacturers, the euro could fall back to the dollar. In addition, bukvar, the chief investment officer of the united states brekke group, warned that it would be an economic disaster if the united states imposed a 60 per cent tariff on any country。
If there is no surprise, trump and the current president biden will once again face up to the presidential election in november this year. At present, the rate of support is very close, and according to a recent poll conducted jointly by reuters and leipso, trump temporarily lags behind biden by 1 percentage point among registered voters。
Trump warning
On 17 march, local time, bloomberg reported that the former president of the united states, donald trump, had warned that if he failed to win the november presidential election, it would be a “holocaust” for the united states economy. At the same time, trump threatened to impose a 100 per cent tariff on cars produced outside the united states if he returned to the white house。
According to reports, on 16 march local time, in a speech to supporters in ohio, trump reiterated that he lost to democratic president biden in the 2020 general election as a result of electoral fraud。
He also stated that the general election of 5 november this year would be the most important day in the history of the united states, and that if he were not to win, it would be a sign that democracy in the united states is likely to end. “if we do not win this election, i think there will be no more elections in this country.”
Turning to the imposition of customs duties on imported cars and the impact of foreign influence on the united states automobile industry, trump stated: “we will impose 100 per cent customs duties on every car entering the country, and if i am elected, you will not be able to sell them.” he added: “now, if i hadn't been elected it would have been a `holocaust' for this country.”
When asked about the meaning of the “holocaust”, trump's campaign team pointed out that the automobile industry was the backbone of ohio and that biden's policies would bring an economic “holocaust” to the automobile industry and to its workers。
Trump called on african and hispanic american voters to vote for him, stating that they would play a key role in the november elections. In the general elections of 2020, non-white voters were key to biden's victory。
Trump claims that biden's immigration invasion policy is the most harmful to african and hispanic americans and that illegal immigrants are taking away their jobs。
In response to trump's remarks, president biden's campaign spokesman, james singh, responded: “trump is one of those people: a loser who lost more than 7 million votes, instead of attracting more mainstream audiences, he has doubled the threat of political violence. He wants to do it again on 6 january, but the american people will let him fail again in the november elections because voters continue to reject his extremism, his love for violence and his desire for revenge.”
What's the impact
"i am a strong believer in customs." the united states consumer news and business channel (cnbc) had previously reported that trump had described himself as such in an interview, claiming that the imposition of tariffs on foreign goods was beneficial to the united states, both economically and politically。
In fact, wall street has been expected to respond to the latest tariff warnings issued by trump. Bank barclays, in its latest report, predicted that the euro could fall back to parity with the united states dollar if trump again won the united states presidential election in november and imposed a 20 per cent high tariff on european automobile manufacturers。
Trump had previously indicated that he would impose duties on all imports, including those from the european union, if he were to be admitted to the white house again。
According to ajay rajadhyaksha, president of the barclays global research department, when he was re-elected president of the united states, and in the context of his 10 per cent tariff on all eu imports, the euro is expected to fall to 1. 05 from the current level of 1. 08 to the current level of 1. 05, but if trump imposed a 20 per cent tariff on eu cars, the euro would be closer to parity。
Barclays strategists, such as themistoklis fiotakis, wrote in their report that if trump returns to the white house later this year and imposes additional trade tariffs, the dollar could rise by up to 3 per cent。
They also indicated that the expected increase in united states fiscal spending and the weakening of commitment to nato would further boost the dollar。
It is worth mentioning that the euro fell to parity with the united states dollar in the summer of 2022, when europe’s economy was hit hard by the sharp rise in energy costs as a result of the full-scale russian-uu conflict。
Moreover, bukwal, the chief investment officer of blackley financial group in the united states, warned: “i think it would be an economic disaster if we imposed 60 per cent on any country, let alone our huge trading partner china. Unfortunately, the president can establish these tariffs on his own without the need for parliamentary scrutiny.”
General election situation
The presidential elections in the united states were broadly divided into two phases, beginning with the election of the party's presidential candidate by the republican and democratic parties through the primary elections, followed by the election of candidates nominated by both parties (and also by the collection of signatures of independent candidates who met the criteria for participation in the general elections)。
On 13 march, local time, trump and current president biden defeated their rivals in the party with an absolute advantage and targeted their party candidates long ago. If there are no surprises, the two will once again stand up for the presidential election in november this year。
Trump and biden currently have very close support rates. According to a recent poll conducted jointly by reuters and leipso, trump temporarily lags behind biden by 1 percentage point among registered voters。
At a time when the situation is tense, a “explosive” speech by the former vice-president of the united states, the republican pence, has given rise to much debate。
According to xinhua, local time, on 15 march, pens said in an interview with the american media: “it is not surprising that i will not support donald trump this year”. He explained that trump had deviated from the conservative agenda followed by the two men for four years. He and trump were deeply divided on a range of issues, including national debt and the right to abortion。
Pence did not reveal who he would support, but stated that he would never vote for the current president, the democrat biden, nor would he support the third party candidate。
According to the united states media, this statement by pennes has deepened the already sharp division between him and trump, while also showing that, despite trump's ideological and style intensification of the republican “trumpization”, there are still great differences within the republican party, or will add uncertainty to trump's electoral path。
