Lukashenko Backs Xi's Peace Plan In State Visit, Urges Unifying Russia-China-Belarus Industrial Policies

Contributing sentiments towards policy:

53% : In short, his proposed "America First" policy would phase in a system of universal, baseline tariffs on most foreign products, the revenue from which would reduce taxation on firms producing in the US.
51% : Ignored by the mainstream media and most of social media despite officially running in 2024, and some polls showing he could win, former President Trump just launched his trade plan that "takes a SLEDGEHAMMER to Globalism" via "Universal Tariffs" - "Total Independence From China" - "Patriotic Protectionism" - "Reviving Mercantilism for the 21st Century".
49% : I am sure no other markets Daily uses the word "mercantilism" as freely as this one has for around a decade - I had to explain the word in 2015, and then how pre-WW2 US presidents were mercantilists; when Trump floated his first tariffs, I argued phasing them in to allow onshoring FDI before imported goods got more expensive would be logical; 'Weaker currency = higher tariffs' was factored into our report on 'Balance of payments -and power- crises'; and clearly there is still US momentum to change things even if means breaking things, which we factored into our 'The World in 2030' report - which we may arrive at early; moreover, as argued last year, and this, 'Bretton Woods 3 Won't Work'.
46% : First, the new US House committee on the Chinese Communist Party's threat to America is underway: as I type, witnesses are pushing for a massive increase in US military spending; an urgent investment in Taiwan's defences; preventing US supply-chain vulnerabilities stemming from China; breaking China's Great Firewall; and blocking Chinese investment in US agri.
46% : Moreover, tariffs "would increase incrementally depending on how much individual foreign countries devalue their currency."

*Our bias meter rating uses data science including sentiment analysis, machine learning and our proprietary algorithm for determining biases in news articles. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral. The rating is an independent analysis and is not affiliated nor sponsored by the news source or any other organization.