ilmscore | China’s Secret Tool to Counter US Tariffs? | CA Rachana Ranade

Predictions from this Video

Total: 7
Correct: 2
Incorrect: 4
Pending: 1
Unrated: 0
Prediction
Topic
Status
China is imposing an additional 50% tariff on US goods, bringing the total additional tariff to 84% in retaliation to US tariffs.
"Now today few hours ago China has said we will now slap you with another 50% additional tariff which will now take it to 84%"
US-China Tariffs
Incorrect
Trump plans to triple tariffs on small packages imported from Chinese e-commerce websites like Shein and Temu.
"Trump is saying that we are going to triple the tariff on all these small packaged items which are coming from such Chinese websites"
US-China Trade
Pending
The US intends to impose significant tariffs on imported drugs, with the goal of incentivizing companies to manufacture them within the US rather than in China or other countries.
"He mentioned this we are going to be doing something very big on drug imports A major tariff is coming and he has specifically mentioned we want these companies to make their products here that is in America not in China or elsewhere"
US Drug Imports
Incorrect
China might retaliate against US tariffs by selling off US bonds, which could have significant economic repercussions.
"Second one is the possibility that that they start dumping US bonds and this could be something really big"
China's Potential Retaliation
Incorrect
US bond yields have experienced a significant increase, rising by approximately 10% over a three-day period.
"US bond yields have shot up Today it's up 3% Yesterday up 2% Day before yesterday up 5% So 5 + 2 + 3 10% rise in US bond yields in 3 days is a big thing"
US Bond Yields
Incorrect
There is speculation among investors that China may be selling US treasuries as a retaliatory measure against US tariffs.
"There is a speculation from several well-paced investors that China is dumping US treasuries The point that we were discussing possibly in retaliation to the US tariffs"
China Dumping US Treasuries
Correct
Rising US bond yields could lead to higher borrowing costs for the US when refinancing its debt, potentially undermining efforts to reduce the fiscal deficit and the objectives of trade policies.
"if yields go up there's a problem they'll have to incur a higher borrowing cost and if this happens then the plan of reducing their fiscal debt the overall intent behind this tariffs one of the intent behind the tariffs could go for a toss"
US Refinancing Costs
Correct