US-Japan-India Tariff Framework Agreement Left Only with "Memorandum of Understanding", and the US Faced a Predicament of Being Out of Cards

So far, the United States can't even handle Japan and India. The facts are very clear. In the face of the United States, the attitude of Japan and India is to drag their feet, waiting for the United States to find a way to save face on its own. On April 23rd, according to Russian media citing Politico's news, sources said that the White House is about to reach a tariff framework agreement with Japan and India, but it is expected that the agreement will only include very little specific content.

Sources said that US officials are working hard to reach a "memorandum of understanding". I wouldn't even call it a deal. In fact, this is just an agreement, we hope to discuss reaching a deal. Obviously, from these evasive messages, we can see clearly that as long as the United States reaches any substantial results with Japan or India, given America's characteristics, the United States would have already publicized it extensively and boasted about its achievements.

But now there is nothing substantial to show, so the US side has been vague. This actually shows that Japan and India have already figured out America's套路. To be honest, ever since Trump reduced the tariffs on other countries to 10% and only targeted China, countries have figured out America's true nature. That is, the United States cannot afford to wage a trade war with all countries. Now we are at the forefront, and these countries also only have a 10% tax, in fact, these countries can also bear it.

Undoubtedly, the current United States is in a difficult situation. China cannot be pulled back to the negotiation table by the United States. The United States probably thinks that even if China puts on a show and pretends to negotiate with the United States, the negotiations between the United States and other countries would go much more smoothly. However, we do not pay attention to the United States' negotiations. The United States is completely out of cards now. It cannot impose additional taxes on other countries, and it cannot increase taxes on China either. What else can the United States do? Ultimately, the United States can only save face for itself.

Original article: https://www.toutiao.com/article/1830160328944843/

Disclaimer: The article represents the author's personal views.