Chapter five hundred and sixty-one dollar rate cut
"Jianhui, I just got the news that the US Department of Commerce has increased its tariffs on individual products since the 1st. Among them are our Yushi Automobile, Jaguar, Huahong Mobile, Huahong Computer, Hongyu Clothing, Jingyi
Electrical appliances, as well as our semiconductor products including chips, displays, etc.
At the same time, the Federal Reserve also announced that it will implement new interest rates on January 1, down 10 basis points from the current interest rate again."
Li Jianhui has long been used to playing this set of things in the United States. In order to protect his own enterprises, the US government can be said to be doing everything he wants.
While continuously increasing tariffs on imported products, it also pushes the US dollar to depreciate continuously to increase the cost of imported product companies so that foreign products will not squeeze into the local U.S. market.
Now the world's major countries and regions are also quite interesting. In the past six months, the four little dragons in Japan, West Germany, Britain, France, Italy and Asia have maintained their own currency value. When the US dollar depreciates, their own currency value will be maintained.
Go higher.
In order to avoid affecting their own product exports, some countries followed the pace of the United States and depreciated the US dollar. These countries and regions also promoted their own currencies to depreciate.
In the past few months, not mentioning the yen, how much has the pound sterling exchange rate increased against the US dollar? Just say that the Hong Kong dollar has risen from 5.12 to 4.95 now. With today's news, I'm afraid there will be another increase.
Breakthrough of 4.9 is not impossible.
In the past few months, the Xiangjiang Foreign Exchange Fund has adjusted its positions many times, and the US dollar foreign exchange held in hand is less than half of the total foreign exchange, but the Japanese yen and pound have increased significantly.
In addition, after pressure from Li Jianhui, Li Guobao, Feng Jingxi, Qiu Degen and others, the foreign exchange fund also took out one-tenth of foreign exchange to purchase gold storage to balance the Hong Kong dollar exchange rate.
Li Jianhui didn't know why the US government was so anxious. You should know that the reason why the other party dared to sign a square agreement with several countries in his previous life was that the reformer of the Soviet Union took office. Therefore, the pressure from the United States was greatly reduced, so he dared to focus on the increasing strength.
My little brother.
Now the relationship between the two hegemons is still in extreme opposition. The United States is still under suppression in the military and actually dares to push the depreciation of the US dollar on a large scale, and is extremely courageous.
However, it has to be said that the United States treats allies very hard. The ones targeted the most this time are not the Xinjian companies, nor are Japanese companies that want to attack the US market, but British companies.
Even if the Xinjian company in the UK is not included, there are nearly 30 companies including automobiles, semiconductors, industrial equipment, etc. in the UK. This time, there are five more companies than Japan.
Li Jianhui estimated that the reason why Britain was targeted the most this time was mainly because the United Kingdom was integrating the Commonwealth market and promoting the British pound's share in the major global currency markets.
This obviously touched the United States' reverse scale. Through two world wars, the other party finally pulled the pound from the first throne. How could he be willing to see the pound step on the dollar?
However, Li Jianhui is happy to see it happen. His plan is to make Britain and the United States compete. Only in this way can the future EU unite, and there will be no troublemakers in some matters.
As long as Britain, France and Germany are united, they have the strength to fight the United States, and in many aspects it is not worthy of the United States.
In his previous life, Britain had a good hand, but unfortunately he was beaten to pieces by himself. Most of the time, he just followed the United States and pretended to be powerful.
This life is very different. Because of the butterfly effect brought by Li Jianhui, the British car brand was retained. Unlike in the previous life, it was basically sold out. A car powerhouse has no large car of its own country.
enterprise.
At the same time, London is also developing very rapidly in semiconductors and the Internet. Although it is still a little different from Silicon Valley in the United States, it is still ranked second in the world, and the two sides have direct competition.
If you have strength, you have ambitions, especially for countries and nations that once had a glorious history. With this Iron Lady in power, the relationship between Britain and the United States will naturally not be as harmonious as it was a few years ago.
It is not decades later. The UK still has a considerable influence within the Commonwealth. For example, the cross-border trade settlement that has been actively promoted in the past few months has been supported by dozens of Commonwealths.
Especially in the case of the depreciation of the US dollar, Australia, Canada, New Zealand, Malay, Sin Chew and others have reached preliminary agreements with the UK to trade within the Commonwealth and settle in pounds, including Hong Kong.
Moreover, the UK is discussing with the member states of the European Community to make the pound a trade settlement currency for the European Community and the Commonwealth countries and regions.
This can be said to be a complete attempt to completely pull the US dollar off, but it would be strange if the US government is not in a hurry.
Logically speaking, the US government should maintain the value of the US dollar or even promote the appreciation of the US dollar at this time, so that all parties can be optimistic about the US dollar.
But the problem facing the United States is not just the attack of the pound, but also the internal economy has also experienced considerable problems. In the past two years, domestic food exports have been banned from the Warsaw Pact member states, resulting in significant losses to its domestic farmers.
Even if the ban has been lifted, its business has been snatched away by Canada, Australia, Brazil, Argentina and others, and it is not so easy to get it back.
In terms of industrial products, due to the struggle with the Soviet Union, the United States also focused on military and civilian use, the quality and technology are far inferior to West Germany and Japan. Not only does it lose the international market, but the domestic market is also in danger.
In high-tech industries such as semiconductors, computer hardware and software, and even mobile communications, although the United States has gained a first-mover advantage, Japan, Hong Kong-Taodao, Britain and others are also not much behind. In terms of market competition, American companies do not have an advantage.
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At this time, they have to make a choice. Whether they want to or not, the US dollar must depreciate. Only in this way can they improve the international competitiveness of their products and promote the upgrading of enterprises.
As for the pound side, how could the United States make Britain happy? Raising British corporate tariffs is just an appetizer.
Li Jianhui just became the trendsetter of this era by relying on his past memories. He is not a god, and he doesn't know what plans the group of giant crocodiles behind Wall Street have.
From beginning to end, Donghua led by Li Jianhui was just a grasshopper in the eyes of the giant crocodiles. Although he jumped happily, it would not affect the overall situation at all, and the group of people did not take it seriously.
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Even if it is targeted several times, it is just a by-pass, and its main target has never been the Donghua Association.
Li Jianhui, who thought he had achieved his plan, was not worried about the tariffs he had been added to his products again, but picked up the phone and called Zhou Pengfei who was far away in London.
Zhou Pengfei was invited to protest, and at the same time contacted British government officials and MPs to promote the British government to counter them.
Forget it, not only is the market small, but also the free port. There is no way to fight back except through media protests.
This is also the biggest helplessness of Xiangjiang merchants such as Li Jianhui. They have no backing behind them to support them, and they can only bear the pressure on them.