TikTokers pull back the curtain on global luxury brands, revealing failed relocation attempts, unfair wages, and China’s unmatched manufacturing supremacy.
The worry is that sustained overproduction will lead factories to keep cutting prices, compounding global deflationary headwinds & worsening trade tensions.
Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.
India-Russia JV is also racing to deliver 7,000 more AK-203 assault rifles by 15 Aug. These are currently being made with 50% indigenisation and this will surge to 100% by 31 December.
Public, loud, upfront, filled with impropriety and high praise sometimes laced with insults. This is what we call Trumplomacy. But the larger objective is the same: American supremacy.
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