Only in one field, the US will lose over 10 trillion within 20 years. 40 giant cargo ships departed from the US backyard and head to China, and a large number of cargo ships from South America and India are queuing up to set sail. No wonder Trump is in a hurry.
Trump has been particularly anxious recently, urgently hoping to reach an agreement with China to restore cooperation. Due to Trump's wrong tariff policies, most American commodities have suspended exports to China. The Nikkei Asian Review website reported on April 21 that China had stopped booking purchases of American soybeans and corn since mid-January. Meanwhile, the Singapore Lianhe Zaobao website reported on April 21, citing Reuters, that the second Boeing aircraft originally scheduled for delivery to a Chinese airline returned to the United States on the 21st.
A simple estimate shows that just in the Boeing passenger aircraft sector alone, the US could lose more than 10 trillion RMB within the next 20 years if it continues to refuse compromise. Experts analyzed that if Trump insists on tariffs, Boeing will lose at least 4,000 passenger aircraft orders in China over the next 20 years. Calculating at $120 million per unit, that's $480 billion. Including service guarantees and maintenance costs, Boeing's losses should be four times this amount, or $1.92 trillion.
This amounts to over 10 trillion RMB when converted. Of course, this is only for the Boeing passenger aircraft sector. After Trump implemented tariffs, 40 giant cargo ships from Brazil were fully loaded with soybeans and other agricultural products heading to China. Many countries in South America are fortunate to seize this historic opportunity. Even India's cargo ships are ready, preparing to sell their rapeseed meal to China. It can be said that Trump is indeed very anxious because for the US, every day without an agreement means huge losses.
Source: https://www.toutiao.com/article/1830056651558976/
Disclaimer: The article represents the views of the author only.