Japan has been charging a 0% tariff to foreign cars. You will not find one among the 50 best selling

Japan is a fascinating country, of those that it costs to understand from the point of view of a western one. Perhaps because we ourselves have turned our backs on Asian culture during our years of teaching or because, simply, they have historical and cultural peculiarities that we are complicated to assimilate. What is certain is that the Japanese have entrenched the consumption of the local product. You have to keep in mind that Japanese society is deeply nationalistperhaps because it is surrounded by other countries where this feeling is also entrenched as China or the Koreas, which has caused continuous tensions in the area. After the Second World WarThe United States financed the recovery of Japan, with the clear objective of putting a geopolitical cap to communism that threatened from China and Korea. A movement that could have diluted this nationalist feeling. Little by little, the country was growing and in the 70s managed to diversify its industry and, at the same time, apply technical novelties that placed it at the world avant -garde in many sectors. Taking advantage of the weakness of the Yen against the dollar, they decided to put all their effort into export as much as possible of your products. Those exports flooded the world product economy. One of the most significant were cars. In its technical innovations, the country prioritized the efficiency of its engines, key to flooding the market when the oil crisis. In front of American and European cars, The Japanese were cheaper and more efficient. It was at that time that the industry shot completely and Japan decided to make a decision: he raised tariffs on foreign cars. Pass and see Something like that should have thought of Japanese politicians in 1978. With the aim of being more competitive in the face of foreign markets, the country raised all tariffs for those who wanted to import a car to their country. That is, any foreign brand could sell its cars in Japan without paying a single extra euro. In Japan they should not be afraid of what was going to happen. Its industry was so powerful and cultural factors so decisive that foreign vehicles have not finished cauling in the market. For proof, In 2016 the European Union lifted the 10% tariff with which he taxed Japanese cars. The 3% paid by Japanese manufacturers to produce in Europe but use Japanese pieces, but also raised Japanese. In return, the European Union found the open door to sell other products, such as cheese or wine. So, The European Union He came from buying 575,000 cars worth 9,000 million euros while we were barely sold 279,000 vehicles for a value of 7.3 billion euros, they collected in The world. From Auqí we can get two readings. The European Union, a specialist in the export of cars, had barely placed in the country Japanese 279,000 cars in a market in which Five million cars were almost sold that 2016. Of the 12 best -selling brands that year in the country, only one (Mercedes in tenth position) was foreign. And none of the 30 best -selling cars in the country was a foreigner. The cars that the European Union managed to place in Japan were high -price vehicles. The average unit cost Japan more than 26,000 euros while those bought by the European Union cost less than 16,000 euros. That is, it costed Europe (and much) to compete by volume. When Japan opened its doors to the world, it had to be aware of the country’s particularities. The hard emission and space standards have made the center cars of large cities disappear. From the 60s The Shako Shomeishhothe obligation to have a space to park the car to have the right to buy a car. In a country that is concentrated in cities, the limitation is decisive. In addition, the Japanese client fully trusts his companies and has trouble opening to new technologies. The host of the hybrid car in front of any other technology (and the Resistance of Japanese firms themselves The electric car attests to it) is a good example of this. To this we must add that, by price, the great generalists cannot compete since local vehicles are sold much cheaper taking advantage of a manufacturing within the country that is more competitive than beyond their borders. The value of YEN, lower than the dollar, the euro or the pound, allows them to obtain large amounts of money for the development and manufacture of a product that allows them to lower prices in their local market. On the contrary, foreign companies that have to sell there face A cut market For emission regulations, the space regulations barrier and that have the obligation to change the production of the car since when driving on the left they need to position the controls on the opposite side. An added cost that puts another lock. The result is that Europeans and Americans end up offering Japan cars that do not interest. In addition, in Japan the minivans, contained on the outside and of wide interior space are religion. A type of car that has disappeared in Europe while in Japan the Toyota feels, the Nissan Note and the Honda Freed occupied the squares of third, fourth and fifth best selling car In the country. And you can keep going down in the list of the 50 best -selling cars in Japan In 2024. You will not find one that is a foreigner. Photo | Toyota In Xataka | The problem of US cars in Europe is not tariffs: they are not interested in the least

Five offers to take advantage of El Corte Inglés discounts during the weekend. Mobile, televisions, speakers and more

The English Court has returned with a new wave of discounts on a good number of devices. There is everything: from television and gaming laptops to mobile phones and Bluetooth speakers. Therefore, we have gathered five offers that have a good discount to take advantage of the store sales. Samsung Galaxy S24 by 649.90 eurosa good price on a mobile that has received many discounts in recent months. Sony Bravia KD-55x75wl by 699 eurosa quite complete Sony TV that now has a 30%discount. MSI KATANA 15 by 1,299 eurosa gaming portable solvent that is quite complete. Zte Nubia Music by 99.90 eurosan interesting mobile that stands out, above all, in its audio section. JBL CHARGE ESENTIAL 2 by 119.99 eurosa compact Bluetooth speaker that now has a good price. Samsung Galaxy S24 He Samsung Galaxy S24 We have been able to find it many times in the last months, and now it has returned to the price in El Corte Inglés. Can be found in the store for 649.99 eurosbut if we look for the best price, although the difference is from some cents, Mediamarkt has it for 649 euros. The most remarkable of the Samsung Galaxy S24 is that it comes with a very good (compact) Dynamic Amoled screen of 6.2 inches, mounts the Samsung Exynos 2400 processor and, in this case, It has 256 GB of storage. To this we must add that you have a good photographic section and that you will receive Android updates for many years. Samsung Galaxy S24 (256 GB) * Some price may have changed from the last review Sony Bravia KD-55x75wl Sony TVs usually have somewhat high prices, but occasionally we can find them very lowered. A good example is the Sony Bravia KD-55x75wla 55 -inch model that we now have in the English Corte 699 euros —An Amazon is found 629 eurosbut the shipment takes one to two months. Offers 4K resolution, it is compatible with Dolby Vision and HDR10it is also compatible with Dolby Atmos and its operating system is Google TV. Sony Bravia KD-55x75WL (55 inches) * Some price may have changed from the last review MSI KATANA 15 If what we are looking for is a gaming laptop that is solvent and has a very good configuration, much eye on MSI KATANA 15 What we have for 1,299 euros In the English Court. Mounted a 15.6-inch screen, its processor is the Intel I7-13620H, it comes with 32 GB of RAM and with 1 TB of SSD, its graphics card is an RTX 4060 and even arrives with Windows 11 operating system, something that we do not usually see on gaming computers. * Some price may have changed from the last review Zte Nubia Music If we do not look for a super complete mobile, but a cheap one that has a certain differentiating point, the Zte Nubia Music has dropped price at El Corte Inglés to the 99.90 euros In its 128 GB configuration. It stands out mainly in its audio section, since it sets a powerful speaker in the rear and Includes a pair of 3.5 mm jack ports. * Some price may have changed from the last review JBL CHARGE ESENTIAL 2 Now that it has begun to arrive in good weather in many areas of Spain, it is a good time to buy from offer some Bluetooth speaker that we can take to the pool, to a field or, simply, anywhere. In the English Court we can find reduced the JBL CHARGE ESENTIAL 2 by 119.99 eurosa compact speaker (22 x 9.60 x 9.34 cm) and light (0.93 kg) that has IPX7 certification and that comes with a battery that offers an approximate autonomy of up to 20 hours. * Some price may have changed from the last review Some of the links of this article are affiliated and can report a benefit to Xataka. In case of non -availability, offers may vary. Images | The English Court and Buying (header), Samsung, Sony, MSI, ZTE, JBL In Xataka | The best mobiles, we have tried them and here are their analysis In Xataka | Best Bluetooth speakers. Which to buy and nine recommended models

It is from a Monaco car and makes all the meaning

In the Principality of Monaco, the slightest traffic accident has a millionaire cost for insurers. The most pomegranate of each brand circulates through its streets. Ferraris, Rolls-Royce, Lamborghini or Porsche are part of the usual landscape of this Small shelter for millionaires. This little country, famous for its Opulence and luxurious lifestylehas led driving at a completely new level. Here, teenagers have the opportunity to learn to drive in a Porsche 911 Carreraa sportsman valued at more than 150,000 euros and with a power of 394 hp. Beyond the extravagance of the image of a supercar such as 911 Carrera wearing the signage of a car of auto -school, this initiative has a fairly reasonable explanation: road safety. The most exclusive car in Europe The Monaco Bonne Conduite self -school has revolutionized the Traditional Learning Concept behind the wheel. Since the end of March, he offers his students classes Practices in a Porsche 911 Carrera. Specifically, in one with red finish. In case the practical car signage did not call attention enough. With this initiative, the Monaco Bonne Conduite becomes the first and only self -school in the Principality to use a supercar to teach driving. This model, known for its three -liter biturbo boxer engine and six cylinders, reaches a maximum speed of 294 km/Hy accelerates from 0 to 100 km/h in just 4.1 seconds. All our admiration for the teacher who has the value and cold blood sit as a novel driver behind the wheel of such a beast. Touch the image to go to the original message OK With what is published by the local medium BFM Nice Côte d’Surto adapt this sports to the needs of a car, special characteristics such as double pedals and additional rearview mirrors have been added such as those that can be found in practices cars of any car. According to Paul Croesi, owner of the center, this decision seeks Better prepare drivers To drive powerful vehicles after obtaining your license. In Monaco, many students obtain their license by driving modest cars with front -wheel drive and usually do not exceed 100 hp. However, taking into account that Monaco’s principality is one of the countries with greater concentration of millionaires per square meterit is very likely that the first car of these novel drivers will exceed 500 hp and at several hundred thousand euros. “We are driving instructors, but also road safety, so it seemed important to raise awareness about the big engines,” says their owner. Future drivers not only learn the basis of driving, but also become familiar with high -end vehicles and great powersomething essential in a place where garages usually house cars with more than 600 hp. You better approve the first Learn to drive in a Porsche 911 Carrera It has a price that reflects its exclusivity. Each class behind the wheel of 911 Carrera costs 159 euros per hour, compared to the 55 euros it costs with the usual practices cars. That is, almost three times more expensive than a conventional class. In addition, students can opt for packages ranging from five hours for 750 euros to complete 20 -hour courses for 3,249 euros. The latter includes both French and Monegasco permit. Despite the high costdemand has been remarkable. The first students have highlighted how different and exciting it is to drive a Porsche compared to conventional vehicles. Croesi pointed out that driving classes with the Porsche 911 Carrera are not only limited to new drivers, but any Pilot already experienced You can improve your driving technique with this type of supercar to improve your safety. In Xataka | I have got into a 420,000 euros car for the first time in my life. Now I know what the millionaires feel In Xataka | Ferdinand Porsche’s grandson had to take some curves to reach his mansion. So a tunnel will be built Image | Flickr (Circulate safely), Unspash (Dillon Kydd)

What cars can circulate and which ones rest on April 12

Rest days arrive a week. “For some more than for others,” those affected by today do not circulate sabbatino today. Because, indeed, affected cars have to rest and that means that they cannot move from home. Why does this happen? Because it applies today does not circulate, the program designed by the CDMX Ministry of Environment (Sedema) For the improvement of the air quality we breathe. A project that prevents some cars from moving with ease where it applies. Less cars, less pollution. It is a simple formula that has its implications in the atmosphere. Therefore, although painful, it is a measure that is applied in the 16 mayors in Mexico City and in the following conurbation municipalities of the State of Mexico: Atizapán de Zaragoza Coacalco de Berriozábal Cuautitlán Cuautitlán Izcalli Chalco Chicoloapan Chimalhuacán Ecatepec de Morelos Huixquilucan Ixtapaluca La Paz Naucalpan de Juárez Nezahualcóyotl Nicolás Romero Tecámac Tlalnepantla de Baz Tultitlán Chalco Valley What cars and plaques affect the Sabatino today If we observe the superior image you can easily check what the restrictions that are applied. But what happens to Saturdays? Which is a bit more complicated because not always the restrictions touch them. That is because the car hologram marks the restrictions of each day but on Saturday there are special standards. Because, in this case, it will depend on the plate number as well. And, however, not all holograms always rest … To order all this mess, the easiest thing is to think that there are three types of cars: Cars that can circulate every Saturday Cars that have to rest every Saturday Cars that rest on a Saturday yes and another Restrictions, yes, do not apply all day. They are active between 05:00 and 10:00 p.m.. That is, at night we can move freely and without taking into account any type of restriction. With all this clear, what can we do if we are affected by today does not circulate sabbatino? In principle, be clear when we have to stay at home. For that, the following must be taken into account. Cars with Hologram 2 rest every Saturday. None of them can circulate. On the contrary, those of Hologram 0 and 00 have no problem. These cars can move with total freedom. The “problem” comes with those of Hologram 1. In this case it depends on the plate number. Every week is broken. In this case, the Saturday April 12, 2025as we are on the second Saturday of the month of April touches the cars with a plate finished in number to stay at home. Despite this, there are some exceptions that must be taken into account because those cars can move with total freedom: Those that work for electricity, natural gas or are hybrid Those who have disabled plate All those dedicated to urban transport services (includes funerals) Those who offer school or passenger transport Those destined for public safety and/or civil protection In case of breaching these restrictions, the fine will be 20 to 30 times the unit of measurement and update (Uma), which is equivalent to 1,924.40 pesos and even 2,886.60 pesos. Photo | Viktor Bystrov In Xataka | Contamination is not only making you live less and worse. You are also making you darker

He is sending thousands of consoles from Vietnam to the US, according to Bloomberg

The temporal truce in reciprocal tariffs, announced a few days ago by Donald Trumphas unleashed a counterreloj career among great technological to adjust their movements. Among them, Nintendo. The Japanese company decided to postpone the reservations of its expected Nintendo Switch 2 in the United States and did not hesitate to publicly attribute it to the context of commercial war. From China to Vietnam: the movement that Nintendo had already foreseen. Although much of its production was focused on China, Nintendo began in 2019 to move part of its manufacture to Vietnam. At that time, they assured that it was not a maneuver for tariff reasons, but a strategy to diversify its supply chain. Over time, the decision has made even more sense. Today, one third of the new units Nintendo Switch 2 They will leave factories in Vietnam. The manufacturer in charge, hosiden – the equivalent to Foxconn, who works with Apple, in the Nintendo ecosystem – is now under pressure to accelerate the production rate and make the most of the current tariff window. The weight of tariffs: 145%, 46% or 10%. If all production followed in China, shipments to the United States would be subjected to a 145%tariff, a devastating blow for the company. Vietnam, on the other hand, faced a 46% taxwhich has been temporarily reduced to 10% due to the temporary suspension announced by Washington. According to BloombergNintendo is rushing to introduce as many consoles as possible in US territory while this reduced tariff is in force. In February alone, Hosiden sent more units from Vietnam than in the previous six months. The logic is simple: filling the stores now costs much less than paying higher rates. A clock run and many pending negotiations. The suspension of the tariffs was established in 90 days. It is the margin that the United States and Vietnam have to negotiate, although Washington is also in conversations with many other countries. In parallel, Vietnam and the United States They have already opened a channel to explore a “reciprocal” commercial agreement. Meanwhile, 10% remains in force. And if there are no advances, the risk of returning to 46% is on the table. According to Bernstein firm, Nintendo could assume that 10% without raising the price in the United States, keeping it in the 450 dollars announced. But if the scale tariff, the impact would be transferred to the consumer: the price could rise between 50 and 100 dollars. Pause reservations, shipments without changes. The reserves, initially scheduled for April 9, are still in the air. Nintendo has not communicated a new date for the United States. What has not changed – at least for the moment – is the delivery day: June 5. Apple, meanwhile, also reacts. Apple is also moving fast. The company has chosen to send 1.5 million iPhone from India to the United States in cargo aircraftaccording to Reuters. India, like Vietnam, benefits from the 10% reduced tariff during this 90 -day pause. Images | CLAUDIO LUIZ CASTRO | Brandon Day In Xataka | Nintendo Switch 2 will break another psychological border for video games: about 100 euros per title

The White House will try to reduce NASA’s scientific budget by 50%. It is so devastating that Elon Musk has separated

The White House has presented a preliminary proposal of its budgets by 2026. If the United States Congress approved them, NASA would see 20% less money next year, but with an especially controversial turn, because they would be cuts centered on science. A devastating loss. NASA is the largest and most influential space agency in the world. Its direction of scientific missions finances some of the most important research for the advancement of astrophysics, planetary science, terrestrial science and heliophysics. Studies in which international entities such as the European Space Agency often participate. The White House budget in half reduces the resources of the Directorate of Scientific Missions. It would go from 7.5 billion dollars in the fiscal year from 2025 to 3.9 billion in 2026. The consequences are so devastating for the scientific community that Elon Musk has described it as “worrying” and It has come out to clarify that has not had anything to do: “I am very in favor of science, but unfortunately I cannot participate in the discussions about NASA’s budget because Spacex is an important NASA contractor.” Affected missions. While the proposal maintains the financing of HUBBLE observatories and James Webb, explicitly cancels other space telescopes, including the Nancy Grace Romanwhich is already completely assembled waiting for its launch. The two most important planetary missions that would not continue with the White House Budgets are, on the one hand, Mars Sample Returnthe recovery of Martian soil samples that has been collecting the Rover Perseverance, and the Davinci mission to explore Venus. Both milestones would be in the hands of China, which It has similar missions in your scientific roadmap. Goodbye to the Goddard? According to Ars Technicathe cuts seem designed to force the closure of the Goddard Space Flight Center, the NASA headquarters in Maryland, which uses 10,000 officials and contractors, and from where iconic cosmological, land and sun observation missions are operated. Astrophysics: it would reduce its budget by two thirds, leaving 487 million dollars. Heliophysics: it would reduce its budget by more than two thirds, leaving 455 million dollars. Terrestrial science: would reduce its budget in more than half, remaining at 1,033 million dollars. Planetary Science: would reduce its budget by one third, being at 1,929 million dollars NOAA is even worse stop. Donald Trump’s administration also seeks Complaint the magazine Science. Like NASA, NOAA is one of the world’s main scientific agencies, but in the weather, climate and space climate. The cuts would close the Ocean and Atmospheric Research Office (OAR), and would leave hundreds of scientists who study global warming. Waiting for Congress. NASA has a period of 72 hours to appeal these figures before they are incorporated into the final budgets. Ultimately, it will be the United States Congress who approves them. It is likely that the cuts are with strong opposition in Congress, Very sensitized With the idea of ​​losing ground in front of China. “This would tithe the American leadership in space and inflict great damage to NASA centers throughout the country,” Congressman George Whitesides, from the Science Committee, told Ars Technica. It would be like an “extinction event.” Image | POT In Xataka | 12 years after making fun of Spacex and his idea of ​​landing rockets, Arianegroup is creating a European mini-falcon 9

This is the modern tank plane that promises to change the rules of the game in the air

When it comes to carrying prolonged air missions, tank aircraft are essential. Thanks to them, the fighters and other aircraft can remain in the air longer and complete their objectives without interruptions. With the arrival of the first Airbus A330 MRTThe Air and Space Army It is now better prepared for this type of scenarios. The European manufacturer has delivered the first of the three units planned this Friday at its Getafe facilities (Madrid), where the conversion line is located. As we can see, it is not a plane built from scratch for this, but an aircraft that, like the remaining two still pending, was part of the commercial fleet of Iberia. A little over three years ago, the Spanish airline and Iberia and the Ministry of Defense They signed an agreement To transfer three Airbus A330 destined to be converted into cistern airplanes for the Air and Space Army. The initial calendar pointed to a delivery in 2023, but the conversion process accumulated delays and now when we began to see the results. Of transporting passengers to repost fighters The agreement with Iberia was not limited to the assignment of airplanes: it also contemplated, among other things, the formation of pilots, crews and technical personnel, in addition to continued maintenance during a given period. The instruction focused on members of wing 45, based on Torrejón, which will be the fate of this first unit and the remaining two. María Ángeles Martí, responsible for transport, mission and replacement aircraft programs of Airbus Defense and Space, defined the aircraft as “THE BEST REPEACHING APPROVAL IN THE WORLD“For her part, the Secretary of State for Defense, Amparo Valcarce, stressed that her incorporation is” a contribution to the European Pillar of Defense. “ The model received by the Air and Space Army is equipped with a flight refueling system through hose and basket. To this are added pioneer advances such as the Fly-By-Wire control for the refueling pole and a high-resolution 2D/3D digital system that significantly improves the visibility of the operators during the maneuver. According to Airbusthe A330 MRTT has been designed to carry out replenishment missions in flight of E-3, F-16, F-15, C-17, F-35A, E-7A, A-10C, F-22, P-8A, B-1B, B-2A and B-52H models through the rigid pole system; and of the F-18 models, Tornado, Rafale, M2000, F-35b, Eurofighter TyphoonAV-8B and JAS 39 through hose and basket. The fleet of air arm aircraft of the Spanish Armed Forces is currently composed of the Eurofighter Typhoon and the McDonnell Douglas F-18 Hornet. It is expected that in the coming years New Eurofighter is incorporatedalthough it still is not clear if it will also end up betting on the acquisition of US fighters F-35. The A330 MRTT not only stands out as a cistern plane, with a range of up to 16,000 kilometers and capacity to transport 111 tons of fuel. You can also operate as a transport plane, with space for 300 soldiers or up to 45 tons of payload, and even as a medical evacuation platform equipped with stretchers and stations of intensive cities. It should be noted that Spain is not the only nation that operates the A330 MRTT. This replenishment is present in 15 countries. It has been commissioned by Australia, France, the NATO multinational fleet (MMF), Saudi Arabia, Singapore, South Korea, United Arab Emirates, United Kingdom, Spain and Canada. In total, 82 units have been sold. Before their definitive conversion, the A330 in the hands of the Air and Space Army have already demonstrated their usefulness in key transport missions, since Evacuations in Niger and Sudan even maneuvers like Pacific Skies 2024. Now, those same units are in the process of transformation in Getafe to become MRTT tank aircraft. Images | Airbus | Air Force In Xataka | Boeing, in the line of fire of the tariff war: Airbus is emerging as the winner of the pulse between China and the USA

The US plan to reduce oil is about to derail what worked best in its economy

Brent and Wti crude prices suffered a great fall of the barrel two days ago. This situation caused a very large alert In the markets, since since February 2021 there was no such low data. After the storm, prices have stabilized around 60 dollars the barrel for the Trump measure of suspend for 90 days The highest tariffs to different countries. In this way, the commercial war has become A direct conflict against China that does not know the scope tariffs, leaving an economic paradox in reducing oil price. Lowering prices. Until now, the United States has managed to reduce its commercial deficit thanks to the revolution of the shale, which has made the USA Net oil exporter Since 2020. This expansion prior to Trump’s second mandate had achieved reverse decades of foreign oil dependence. However, the impulse to pierce with the famous “Drill, Baby, Drill” Together with tariff policies, it has caused global uncertainty, According to PVM analyst Tamas Varga in Reuters. There are no good ideas. And it is evident that Trump’s policies They lack a coherent direction. According to Reutersthe fall in crude oil prices is a reflection of the loss of confidence in American economic policy, especially in the middle of a commercial war, affecting the global demand for oil. Also, like He has stressed Energy expert Javier Blas, drilling and production costs are not profitable below $ 65 per barrel in the United States. In other words, if prices fall too much, production would decrease, which would force more oil and, therefore, would expand the commercial deficit, which is precisely what Trump wants to reduce. The paradox. The contradiction in Trump’s policies is clear: its strategy of reducing oil prices to control inflation and stimulate the economy will have the opposite effect to the desired one. According to Blas explainedTrump’s objectives was precisely to reduce the commercial deficit. Before its presidency, the revolution of the shale, which allowed the United States to become a net oil exporter, was one of the factors that contributed significantly to improve the trade balance in the last two decades. However, by pushing prices at lower levels, Trump is running the risk of undoing the advances achieved, generating a macroeconomic imbalance that would seriously affect local production and increase import dependence. Besides, Anz Bank analysts in Reuters They expect that, if world economic growth falls below 3%, oil consumption could decrease 1%, which would further aggravate the situation. Depending on oil. This Trump strategy also affects other countries than their income They are derived of the export of oil, such as Saudi and Russia Arabia. Although oil has experienced very significant fluctuations for more than five years, it is not even this commercial war when tensions have been exacerbated causing a strong fall. This situation can cause a new layer of geopolitical tension. On the one hand, Saudi Arabia needs raw barrels to exceed $ 90 to continue building and investing in their macroprojects, Like Neom. On the other hand, the fall in prices in Russia has generated Even more pressure on its economy, which is already weakened by the Ukraine War. Forecasts. As He has warned Javier Blas, “drilling, drilling, drilling” will not work if the barrel is 50 dollars and if the United States does not pierce, it must import it. In short, leaving a scenario in which the US president, in his attempt to control prices, can end up undoing the most effective tool he has had to reduce the commercial deficit in decades. Image | Gage Skidmore and Unspash Xataka | China responds again to US tariffs and rises to 125%: from here it would be a “joke” to keep climbing

Spain looked at Chinese cars as a salvation table. In the commercial war, the risk of dying drowning runs

“Spain is in favor of more balanced relations between the EU and China,” with these words Pedro Sánchez, president of the Government, has defended his approach to China before the commercial war that is being freed and during the same. And the automobile sector has a lot to do. “Essential partner”. With those words Pedro Sánchez has defined the relationship that China should have with the European Union. The words have pronounced them during their meeting with Xi Jinping, president of the country. The Spanish is in a round of visits by Asia in which he is stopping in China and Vietnam. Both countries have been severely punished by the United States. China still maintains 125% tariff Despite the 90 -day truce that Donald Trump has granted. Vietnam had been punished with some 46% tariffs. The importance of words. This “essential partner” is not accidental and shows Spain’s approach to China in full tension for the commercial war that are pounding the United States and the Asian country. In fact, the words of the words of the European Union is unmarked as “partner, competitor and systemic rival”, collected by The country. Sanchez needs to play with tact with his statements. Only a few days ago, Scott Besent, secretary of the United States Treasury, said that “I am not sure if it was the prime minister or the Minister of Economy of Spain, who made some comments this morning: ‘Maybe we should align more with China.’ That would be to cut off the neck”, in words collected by The confidential. Xi Jinping, meanwhile, thanked Sánchez for the “firm will” to maintain good relations between the two countries, emphasizing that it is the third time that the president of the Spanish Government visits the Asian country, they point out in The world. The equilibrium game. Spain has encountered the most uncomfortable view at the right time. With the agenda already scheduled, it was seen if the president of the Government would be willing to go to China in the middle of the commercial tension with the United States. The single presence is seen as a Spanish approach to the Chinese side and, of course, It is unmarked from European politics that bets to get wet as little as possible. However, Spain has a good number of Chinese investments in our country. The commercial balance between the two countries It is still very unbalanced In favor of China (we import goods worth 45,174 million euros and export there products worth 7,467 million euros) but China has the key in key sectors. Putting the carpet. Without a doubt, one of the sectors in which Spain wants to influence is the car. China is disembarking in Europe. His commercial war with the United States will force him to disembark in greater force in Europe and Spain is a perfect gateway. With the fees to the electric car, the plug -in hybrids and the Chinese low ranges vehicles have A huge opportunity in countries like Spanish where “electricity” is not so developed. All their companies need to open markets outside China to seek profitability. If the perspectives are maintained, byd will be in 2025 One of the five greatest manufacturers of the world. Given this situation, Spain is clear that it wants to be a very important part of Chinese landing in Europe. The automobile sector is essential for Spain. Not only in its factories, you have to add ports that receive cars, distributors and a Powerful auxiliary and component industry. It is better for us. The biggest problem facing Spain is that it is best to open to China if you want to open your business routes in the automobile sector. When the tariffs of Chinese electric car were voted for the first time, Spain was favorable. A visit to China and a threat of attacking the Spanish pig directly (whose exports to China are key) He changed the Executive idea. But, in addition, other threats float in the air. In Europe, France or Italy remained firm in their favorable vote to tariffs on Chinese electric cars. Then, China ordered to stop investments In those countries and since then we have not had news of new approaches. At the moment, Spain has Chinese investments in different ports To receive and start distributing cars that arrive from Asia, the investment of Chery in Barcelonathe agreement between Catl and Stellantis For a battery plant in Aragon or the Extremadura projects to produce batteries for electric cars. But there are certain problems. In a first reading, it seems clear that if Spain has the opportunity to continue expanding its Chinese investments in the automobile sector to be key in the European car of the future and if you have a threat to its head of withdrawing investments or torpedoing trade between the two countries, the approach to China seems completely logical. The problem is to pull the rope tense, irremediably, on the other. The United States has already warned Spain that its position is not correct and some sectors are (obviously) worried. The direct impact In the automobile industry it is not too high but, for example, shipments to the United States of olive oil They have shot under the threat of tariffs. What can we expect? Given this context, Spain will have to play its cards to several bands. Approach enough to Beijing but without burning. It will be necessary to see if the United States maintains its commitment to tax trade with the European Union with a flat rate or if it extends tariffs by sectors, which can be an indirect attack on a specific country. A good example is the 25% tariff to the car. The United States government has repeatedly decided to pause its tariffs to Mexico or Canada but keeping them in the car market is a clear attack on these countries. Also to Germany, in Europe, which is The country that exports more vehicles to the United States. We will have … Read more

The dollar has been the world economy for 80 years. The US tariffs are starting to destroy it

In the two long months he has in the Oval Office, Donald Trump has demonstrated that he did not joke when he said that his favorite word is “tariff.” The Commercial War in which it has been engaged, with ads and against ads, attacks and backgrounds that now focus the focus In China, it is however affecting what could well be the second header word for the Republican leader: the dollar, which faces its own historical chapter, in full depreciation against other assets such as The euro or the Swiss Franco. In the background, there are voices that already speak of a trusted crisis In the American currency, a weakening of its global position as a safe shelter or even They wonder If we go at the end of the golden era of the green ticket. Dollar slopes. In full tariff war and between recession drums In the US and loss of investor confidence, the US dollar does not go through its best moment. Although The partial truce 90 days decreed on Wednesday by Trump has paid the falls in the stock market, the trend is different if we talk about public debt and especially dollars. Green tickets They have deflated in front of currencies such as the euro or the Swiss Franco. And quite clear, besides. Click on the image to go to Tweet. What do the figures say? After the dollar suffered yesterday its worse day In about a decade, the Euro is already 1.14 dollars. You have to go back several years ago to find it in such low levels in front of the community currency. As for the Swiss currency, another key reference, Reuters remembers That the green ticket has fallen 1.2%, to 0.814 francs, for the first time since the beginning of 2015. All this with him and reaching his Maximum of several months and with gold moving in Historical maximums While investors are looking for safe shelters, precisely what (until not so ago) offered green tickets. “There has been a marked tendency to sell US dollars flowing through the general markets and towards classical shelter assets, with the dollar losing that position,” Confirms Reuters recently Chris Weston, from Pepperstone. Why is it important? Because the dollar is more than the currency with which the Americans make their purchases. Is behind the vast majority of transactions, acts world reference and has allowed the US to be financed at low types. “Half the world is stunned looking and the other horror about what will happen to the dollar as a universally accepted currency and vault key of the global financial system,” Explain to The country Juan Ignacio Crespo. “It is very unusual in the US”. The dollar situation has caught the attention of other experts, such as Nick Timiraos, economic correspondent for The Wall Street Journal And who yesterday shared In X some reflections on the drift of the yields of the treasure bonds at 30 years and the weakening of the dollar. “Rises in yields and low in currencies are common in emerging markets. We saw it in the United Kingdom during the debacle of Truss. But it is very unusual in the US. There are only four other episodes in the last 30 years in which the dollar depreciated more than 1.5% with an increase in return to more than 10 basic points, ” Timiraos collects citing the Evercore ISI firm. Its conclusion: the data suggests the end of ‘exceptionalism’ of American growth and a loss of attractiveness of dollars. Click on the image to go to Tweet. Crisis of trust in the dollar? That is the idea that appears for some time among some analysts, such as Francesco Pesole, of ING, which after the fall of the dollar to a minimum of three years in front of the euro, It was pronounced with roundness in Financial Times: “The question of a possible crisis of trust in the dollar has definitely been resolved: we are experiencing it with all its force.” It is not the first to point in that direction. Monday Reuters warned that there were investors and analysts concerned with the perspective that Trump’s protectionist policies, changes in the current global economic order in the last decades and the growing debt The US ended up undermining the attractiveness of the dollar, with even risk of a crisis of trust in the green ticket. End of the ‘golden age’ of the green ticket? That is the question he launched to Benjamin Dubois, head of Edmond’s coverage management of Rothschild, in An analysis collected by The economist. It slides that the fall of the currency “could be the beginning of a deeper underlying trend.” “Trump’s second mandate could make the dollar lose the dominant status he has enjoyed during the last decade,” Point out The expert before citing factors such as the depreciation of Trump’s currency or commercial war. The answer does not seem clear. For Per Jansson, vice governor of the Central Bank of Sweden, It is not predictable However, the US reaches the point that the status of the dollar changes. And he warns: “It would be a great change for the world economy … and basically create chaos.” The truth is that Trump has spoken against attempts to weaken the currency, which still has in his favor the support of the strong economy of the United States, the markets and the lack of a short -term alternative. Reindustrialization. One of The wishes of Trump, which already connects with his first presidential mandate, is to enhance The manufacturing industry of the US. And in that effort the currency and its strength also play a key role. After remembering the restructuring of the global financial system raised by S. Miran, Donald Trump advisor, Dubois remembers: “It is based on the conviction that the dollar must be depreciated to allow US reindustrialization.” The Republican himself has pointed out that a weaker dollar would also benefit exports. Images | Timis Alexandra (UNSPLASH) and Gage … Read more

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