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US Treasury Secretary Urges Countries Not To Retaliate Against Tariffs - Foreign Affairs (6) - Nairaland

Nairaland ForumNairaland GeneralPoliticsForeign AffairsUS Treasury Secretary Urges Countries Not To Retaliate Against Tariffs (21651 Views)

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Re: US Treasury Secretary Urges Countries Not To Retaliate Against Tariffs by Originalsly: 9:15pm On Apr 03, 2025
SmartPolician:
Somehow, I like that the US is taking this action because they keep giving and giving without asking for what they get in return and many countries are taking advantage of it without showing some form of gratitude.

It's just like Nigeria sending troops for peace-keeping mission across West African countries without Nigeria getting something in return, not even large quantities of diamonds. That's the most ridiculous foreign policy I have seen.
Beside Israel .... if you know what you're talking about ....name three countries the US gives aid but gets nothing in return? ..
Re: US Treasury Secretary Urges Countries Not To Retaliate Against Tariffs by Danmisra(m): 9:17pm On Apr 03, 2025
This is wake up call to all countries that want to be free from USA bullying. To Keep improving their economy so that in the future any country that tries to do trade war they fire back strongly.
Re: US Treasury Secretary Urges Countries Not To Retaliate Against Tariffs by lexy2014: 9:17pm On Apr 03, 2025
Chienex24:
You are really very funny. Do you think U.S just woke up to harass countries with tariffs?? Previous arrangements have been made or overlooked by previous administrations, especially the democrats.

U.S has been taken advantage of over the years with plenty of evidences actually, just that the strong U.s economy has been able to weather the storm over the years.

China imposed about 67% of tarrifs on U.S imports while U S charged china 34% on imports as at 2024, which is almost half of what U S charged them, with a deficit of over 200 billion dollars. This is just one out of many examples, including the European union.
1. why is the US not looking at the previous arrangement as a balance of trade?

2. it is the US that threatening countries with tariffs. how then are the countries the US is threatening the ones looking at it as a trade war?

3. does the US "look at the partnership"?

4. how is that cheating?

was it China that told the US to charge 34% on chinese imports to the US?
Re: US Treasury Secretary Urges Countries Not To Retaliate Against Tariffs by sharpchap: 9:20pm On Apr 03, 2025
na tariff wey them give America na him America dey give them back. Na just equation Trump dey balance why everybody dey complain. siiiince them dey charge America America no charge them . that is cheating naaa. All Trump is saying is we go do you as you do us das all. abi you want to keep cheating them?
Re: US Treasury Secretary Urges Countries Not To Retaliate Against Tariffs by tchelete(m): 9:20pm On Apr 03, 2025
US leaders are smoking shit
Re: US Treasury Secretary Urges Countries Not To Retaliate Against Tariffs by santaclaws:
Iweakbro:
It's not telling them what to do. Look at it this way, you placed 10% on my goods then I placed 10% on your goods it's a tie. I can then warn you not to do any further manipulation or I will equally escalate. That's the stand of things.
See bro, I totally understand. I'm a business major and I know all about tariffs, b.o.t and trade protectionism. The tariffs you're talking about, at the end of the day, would be paid by the Americans themselves, not even China. The only benefit they'd derive is in the long run cos introducing tariffs, which leads to an increase in the cost of imported goods, doesn't automatically mean that local alternatives would be sought, especially if the price and quality is comparable (assuming there are even local alternatives for those imported goods).

The fact is that the US, under Trump, use their own economic standpoint (in light of their economic aspirations) as a yardstick for key decisions and they don't want to know if other countries are ok with it or not - this is in fact what Trump has been doing.

Another thing is Trump's modus operandi, he is too arrogant and doesn't engage in diplomacy when making decisions. The EU, China and NAFTA countries aren't insane to allow them walk over them just like that. International trade is a blend of business and politics, some things are just not acceptable.
Re: US Treasury Secretary Urges Countries Not To Retaliate Against Tariffs by ADAMUdaCOWBOY: 9:31pm On Apr 03, 2025
God1000:
Something is fundamentally wrong with these people, government of clowns
Well, scroll down and you may find more than a couple of nitwits that think the village idiot is a genius?
Re: US Treasury Secretary Urges Countries Not To Retaliate Against Tariffs by Chienex24(m): 9:32pm On Apr 03, 2025
lexy2014:
1. why is the US not looking at the previous arrangement as a balance of trade?

2. it is the US that threatening countries with tariffs. how then are the countries the US is threatening the ones looking at it as a trade war?

3. does the US "look at the partnership"?

4. how is that cheating?

was it China that told the US to charge 34% on chinese imports to the US?



Your last statement is exactly the point USA is trying to make. That is the increase in tariffs that they are implementing. U.S is currently going to charge China 54% to balance the 67% tarrif on U.S goods, simple and short.... Basic Economics
Re: US Treasury Secretary Urges Countries Not To Retaliate Against Tariffs by ADAMUdaCOWBOY: 9:33pm On Apr 03, 2025
SmartPolician:
Somehow, I like that the US is taking this action because they keep giving and giving without asking for what they get in return and many countries are taking advantage of it without showing some form of gratitude.

It's just like Nigeria sending troops for peace-keeping mission across West African countries without Nigeria getting something in return, not even large quantities of diamonds. That's the most ridiculous foreign policy I have seen.
oga, us doesn't give any free gift, stop being naive!
Re: US Treasury Secretary Urges Countries Not To Retaliate Against Tariffs by lexy2014: 9:42pm On Apr 03, 2025
Iweakbro:
1. did the US threaten all the countries it is presently threatening before it imposed this round of tariffs?

Yes, prior to imposing the recent round of tariffs on April 2, 2025, the United States, under President Donald Trump, issued explicit warnings and threats to several countries regarding potential tariff implementations. These warnings were part of the administration's broader strategy to address perceived trade imbalances and policy disagreements.​
https://apnews.com/article/3e38352ab5693852bfd9bc8dd2ac2d56


2. If the US imposes more tariffs and other countries retaliate again, who loses?

Consumers will lose as there will higher cost of goods. Manufacturers will lose as there will be higher costs of production. The level of loss will be relative. But Jo particular winner or loser since US exports will also be hit. Also, some coup tries may want to shift alliances to mitigate the brunt of the tariffs.


3. The US is the biggest market for which guys?

Mexico: 80% of Mexico's exports go to the US.

Canada: 75% of their export goes to the US.

China, EU, Japan, South Korea, India, Taiwan, Brazil, etc.

4. what are the high tariffs that "these guys" place on US goods?

China 25% tariffs, Aricuktjral produce, automobile, chemicals, etc.

India: 100% tariffs on automobiles and 50% tariffs on some products.

EU places 10 to 25% on certain products like Agricultural products, machinery, automobiles, aircraft, and their parts.

5. what are the goods in question
1. several countries does not mean "all countries".

2. will the US consumers and manufacturers be affected by these losses?

3. bro, apart from china, canada and mexico, how is the US the biggest market for the other countries?

is mexico not 77% instead of 80%?

does the US not make considerable exports to these countries?

4. does the US also import Aricuktjral produce, automobile, chemicals, machinery, automobiles, aircraft, and their parts etc.?

what are the tariffs the US imposes for these imports?
Re: US Treasury Secretary Urges Countries Not To Retaliate Against Tariffs by Insipidvamp(m): 9:45pm On Apr 03, 2025
[quote author=Hemanwel post=134834264][b]

Trump believes the US, under Joe Biden, had lost her place as the world power. He believes Russia was getting too powerful under Biden and they needed to be tamed.

But Russia is not on Trump's tarriff list. Trump cannot tame Russia by flexing his muscles for other countries, if anything, this confirms that Trump is either afraid of, or working for Putin.
Re: US Treasury Secretary Urges Countries Not To Retaliate Against Tariffs by Roozzaay(m): 9:46pm On Apr 03, 2025
See senseless talk, as per say na only the rest of the world depends on una, US no need anything from other countries
Re: US Treasury Secretary Urges Countries Not To Retaliate Against Tariffs by lexy2014: 9:47pm On Apr 03, 2025
Chienex24:
[/b]Your last statement is exactly the point USA is trying to make. That is the increase in tariffs that they are implementing. U.S is currently going to charge China 54% to balance the 67% tarrif on U.S goods, simple and short.... Basic Economics
1. it is the US that threatening countries with tariffs. how then are the countries the US is threatening the ones looking at it as a trade war?

2. does the US "look at the partnership"?

you called it "cheating".

Chienex24:
They should ist look at the partnership and find out if they are actually cheating the USA before responding appropriately
3. how is that cheating?

4. was it China that told the US to charge 34% on chinese imports to the US?
Re: US Treasury Secretary Urges Countries Not To Retaliate Against Tariffs by Encyclopedia1: 9:56pm On Apr 03, 2025
REALLY. UNA DE DO SOMETHING AND U SAY MAKE PIPI NO DO AM.......... grin grin grin grin
Re: US Treasury Secretary Urges Countries Not To Retaliate Against Tariffs by studyless123: 9:57pm On Apr 03, 2025
blamingthedevil:
Let me share some insight with you—manufacturing is no longer a competitive advantage for America. The U.S. simply can't compete in this sector anymore and should instead focus on maintaining its edge in services. Even if a 100% tariff is imposed by Trump, goods manufactured in Asia would still be cheaper than those produced in the U.S. Curious to know why?
Kudos. This is what most people don't understand. Trade should be on the basis of comparative advantage.
Re: US Treasury Secretary Urges Countries Not To Retaliate Against Tariffs by studyless123: 10:05pm On Apr 03, 2025
santaclaws:
See bro, I totally understand. I'm a business major and I know all about tariffs, b.o.t and trade protectionism. The tariffs you're talking about, at the end of the day, would be paid by the Americans themselves, not even China. The only benefit they'd derive is in the long run cos introducing tariffs, which leads to an increase in the cost of imported goods, doesn't automatically mean that local alternatives would be sought, especially if the price and quality is comparable (assuming there are even local alternatives for those imported goods).

The fact is that the US, under Trump, use their own economic standpoint (in light of their economic aspirations) as a yardstick for key decisions and they don't want to know if other countries are ok with it or not - this is in fact what Trump has been doing.

Another thing is Trump's modus operandi, he is too arrogant and doesn't engage in diplomacy when making decisions. The EU, China and NAFTI countries aren't insane to allow them walk over them just like that. International trade is a blend of business and politics, some things are just not acceptable.
You are indeed a business major. They are just many issues with the supposed tariffs. The tariffs charged to the U.S. include currency manipulation and trade barriers which show those numbers were made up based on his feeling for that day.
The US hardly produce coffee (about 1%) but is the world's largest consumer of coffee, so it means American consumers will pay more for coffee. No country imposes blanket tariffs on imports. Tariffs should be based on comparative advantage with the utmost benefit to the consumers.
Re: US Treasury Secretary Urges Countries Not To Retaliate Against Tariffs by seunmsg(m): 10:13pm On Apr 03, 2025
Scot Besset is nothing but a clown. Countries will retaliate and the trade war Trump is looking for will escalate. Inflation will skyrocket in the US and investment will dwindle. A global recession that will hit the US badly will follow. You don’t even need a half a brain to see the end game of Trump’s stupidity.
Re: US Treasury Secretary Urges Countries Not To Retaliate Against Tariffs by studyless123: 10:14pm On Apr 03, 2025
maasoap:
Tariff is to discourage imports. Developing nations need it but if developed nations like USA think they too need it, no problem.
The countries like Nigeria that charge high tariffs on imports (including imports from USA), their citizens are the ones bearing the brunt which means USA citizens are the ones who will be bearing all these new tariffs increment on USA imports.
As simple as this is, 99% of Nairalanders don't understand it. Disposable income will reduce.
Re: US Treasury Secretary Urges Countries Not To Retaliate Against Tariffs by santaclaws: 10:16pm On Apr 03, 2025
studyless123:
You are indeed a business major. They are just many issues with the supposed tariffs. The tariffs charged to the U.S. include currency manipulation and trade barriers which show those numbers were made up based on his feeling for that day.
The US hardly produce coffee (about 1%) but is the world's largest consumer of coffee, so it means American consumers will pay more for coffee. No country imposes blanket tariffs on imports. Tariffs should be based on comparative advantage with the utmost benefit to the consumers.
Thanks bro... I like that example you made with coffee, very apt! Most business and economics scholars already disagree with Trump's decisions cos it would only inflate the cost of imported goods for the average Americans.

Imagine what would happen if ECOWAS countries decided to suddenly increase the price of Cocoa by 100%. We have the power to do that don't we? 70% of the world's cocoa comes from our region, but despite this, you don't see us taking ill decisions because we understand that business and politics are guided by unwritten laws of reciprocity.
Re: US Treasury Secretary Urges Countries Not To Retaliate Against Tariffs by studyless123: 10:24pm On Apr 03, 2025
Iweakbro:
Ignorance speaking. If a cup of tomatoes is $10 in the US and an Asian cup of tomatoes is $6. When 100% tariffs are implemented, the Asian tomatoes will cost $12.

Why do you think used imported cars to Nigeria cost more despite being sold in the US and other countries for a little above $1k or less depending on the make and specs? Because of the tariffs placed on those goods.
Why don't you calm down and learn bros. The guy was teaching you because you're getting it all wrong. About 4 months ago, I pay 2k on 20k worth of goods from China, now the tariff on 20k goods is $13,400. My consumers are complaining that my goods are very expensive because I pass the cost to them. The tariff doesn't hurt China because the price of the goods is the same. The tariff hurts US consumers.

Cars are expensive in Nigeria because of the tariffs on cars by the Nigerian government. The Nigerian consumers bear the burden. The same applies to all countries.
Re: US Treasury Secretary Urges Countries Not To Retaliate Against Tariffs by abbey621(m): 11:11pm On Apr 03, 2025
lexy2014:
which of my questions asked you about policing anyone?

who asked the US to give in the first place?

from all that the US was giving, was it giving because it loved the beneficiaries of its generosity?
Whether generosity or annimosity, the new president is correcting the mistakes......We are saying the same thing, let the US focus more at home, the world does not need a father christmas!
Re: US Treasury Secretary Urges Countries Not To Retaliate Against Tariffs by Mccullum: 11:18pm On Apr 03, 2025
Foreign policy is all about reciprocity.

US will surely reciprocate it had it been another country made such policy.
Re: US Treasury Secretary Urges Countries Not To Retaliate Against Tariffs by BondRiv: 11:24pm On Apr 03, 2025
Any country deserving of their sovereignty will make their own decisions. U.S. is delusional.
Re: US Treasury Secretary Urges Countries Not To Retaliate Against Tariffs by Babalola0920: 12:13am On Apr 04, 2025
Christians country with entitlement mentality
Just imagine !
If other country does
They would be label terrorist 😆 🤣 😂
Yankee is a clown 🤡 one sided bastard country
Re: US Treasury Secretary Urges Countries Not To Retaliate Against Tariffs by saysoo: 12:44am On Apr 04, 2025
Right
Re: US Treasury Secretary Urges Countries Not To Retaliate Against Tariffs by rajiedreez: 5:48am On Apr 04, 2025
Kennyfancy:
The deal is fair, most of these countries are living off 🇺🇸 and 🇺🇸 is saying no, how can you put tariff at 99% against usa and you don't want same back
Please elucidate further, let me know how that is. Thanks
Re: US Treasury Secretary Urges Countries Not To Retaliate Against Tariffs by Flamemignon1(m): 6:41am On Apr 04, 2025
Vlibray:
Aren't real ?
You call trade deficit ratio dumb maths ?
Stop listening to CNN ok.
Oga they aren't real, take your head out of fox and news nation
Re: US Treasury Secretary Urges Countries Not To Retaliate Against Tariffs by Nobody: 7:45am On Apr 04, 2025
This current administration of Amerikka is full of retards & isreali bitches!! U imposed tarifs on other countries & say make them no retaliate?..Dofus trump himself chief retard!

Re: US Treasury Secretary Urges Countries Not To Retaliate Against Tariffs by Nobody: 7:49am On Apr 04, 2025
Tolu2024:
They have the power to do anything they want because no country is strong enough to challenge.
undecided just because people avoid fighting u, doesn't mean they ain't strong enough to kick ur a##, small Vietnam sef gave U.S a bloody nose. Big countries avoid confronting each other because they fit nuke each other if things escalate! Not because they are afraid of fighting
Re: US Treasury Secretary Urges Countries Not To Retaliate Against Tariffs by Nobody: 7:54am On Apr 04, 2025
ogascomax:
Hatred makes people look very stupid. They don't even understand that Trump only increased the tariffs of countries which tariffs were way higher than US tariffs. All the countries whose tariffs are 10% Trump did not increase their tariffs. If your tariffs were to be 50% Trump will increase theirs to 25% so if you reduced yours they would reduced theirs. So what kind of ignorance or deliberate stupidity we see over here.
undecided The world is literally subsiding the American economy each time they use the $$, So, stop talking as if the U.S is doing anybody any favors. They mostly get free stuff with money they print out of thin air, no notable gold backing d U.S dollars, but some useless debt/securities which U.S manufacturers out of its a##
Re: US Treasury Secretary Urges Countries Not To Retaliate Against Tariffs by honeyB2018: 8:53am On Apr 04, 2025
Algold:
When you impose tariff what are guys thinking. So you except other economy powers to fold hands and let you have your way. You want to export to countries at the rate that favours you and tell your citizens to stop buying foreign goods.
Read and understand what he said. It's in the countries best interest to leave it the way it's,or negotiate, you don't fight against anyone that's stronger in all areas than you.
Re: US Treasury Secretary Urges Countries Not To Retaliate Against Tariffs by lexy2014: 8:55am On Apr 04, 2025
abbey621:
Whether generosity or annimosity, the new president is correcting the mistakes......We are saying the same thing, let the US focus more at home, the world does not need a father christmas!
which of my questions asked you about father christmas?

who asked the US to give in the first place?

from all that the US was giving, was it giving because it loved the beneficiaries of its generosity?
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