Chapter 2852: Putting Pressure on Chen Mo Through Tariffs
"tariff?"
Solomon frowned slightly.
“Yes, this is the only option we have.
The purpose is not to increase tariffs, but to put pressure on the Daxia officials so that they will find Chen Mo and ask him to stop making trouble.
As long as Chen Mo retreats, the final battle will naturally end."
Michelle talked freely.
"Will it work?" Solomon couldn't help but question.
At this moment, Michelle looked at Solomon who was shrinking in front of her and couldn't help feeling a little dazed.
Is this still the number one god who once looked down upon the world and dominated the world?
How could the former Solomon have asked a question like "Can it be done?"
He would only say things like "I can definitely do it", "It has to work no matter how hard it is", and "I am a god on earth, I can do anything".
Now, Solomon, the god of mankind, has become unconfident because of Chen Mo!
"Of course you can, sir.
Have we ever lost a tariff war in the past?
Even if the other side says they will fight us to the death, which country will not quietly compromise and do what we want in the end? "
Michelle said: “Sir, be more confident!
The hegemony has not yet declined! It is still the world's number one!
Still the world's largest export market!
As long as we don’t import the goods, they will definitely not be sold anywhere else in the world!”
Solomon finally regained some confidence after being persuaded by Michelle: "You're right! We haven't lost yet!
"So, how much should I add?"
Michelle frowned and thought about it.
In previous tariff wars, no matter which country it was targeted, the tax increase basically started at 5%.
Don't underestimate this 5% tariff.
When many small countries sell their goods to hegemonic countries, the prices have already been suppressed by the hegemonic countries, making the profits very low.
The overall profit may not even be 5 points.
Even if the tariff is increased by only 1%, it can cause the factories and even the economies of countless small countries to collapse!
“There is only half a month left.
After half a month, the short-selling ban will end.
In that case, if we continue to extend the short-selling ban, the whole world will know that the hegemonic financial market is not a free economic market, but a market controlled by capital, and no one will come to play.
Therefore, I believe that severe cases require strong medicine!
It’s better to add more force directly!”
Michelle said.
"How violently?" Solomon demanded.
Michelle said seriously: "Increase taxes continuously within 24 hours, add 5 points today, add once before the opening of the Hegemony Financial Market tomorrow morning, add once during the closing time tomorrow noon, and add once more one hour before the closing in the afternoon.
A total of 20% tariffs will be added! "
"The four consecutive tax increases, each time at a critical juncture, can continuously stimulate the investment enthusiasm of the country's massive retail investors and institutions.
Let the whole world know that we, the hegemony country, will never admit defeat! "
"As long as this operation continues, the stock market of the hegemony country will definitely see wave after wave of rising waves!"
"Also, here comes the point! The 20% tariff is not the end! We want to warn Daxia that as long as they don't stop Chen Mo from short selling, the tariffs will be increased without a cap!
Add at least 5 points every day! ”
"Daxia absolutely cannot bear such heavy tariffs, and their companies cannot afford such horrific tariffs!
Tariffs affect people’s livelihood, employment, and the economy.
It doesn’t matter to the authorities whether you, Chen Mo, are shorting anyone yourself, but when it comes to people’s livelihood and the economy, can you, Chen Mo, still be so willful?
If this continues, the pressure will naturally fall on Chen Mo."
Solomon listened to Michelle's words and nodded frequently. "That's right, imposing tariffs will force the short sellers to retreat without bloodshed. This is a good idea!"
Solomon thought Michelle's approach was reasonable.
Now he no longer thinks about defeating Chen Mo.
As long as Chen Mo retreats and stops shorting, that's fine.
On this basis, Solomon believes that hegemony still has advantages.
As the world's largest single consumer market, Baguo's annual import volume in Daxia exceeds 4 trillion Baguo currency, creating a bargaining advantage over its trading partners.
If the tariff is increased by 20% at one time, the loss of Daxia Kingdom on paper will exceed 8000 billion Baguo currency, and the actual loss will definitely exceed 1 trillion Baguo currency!
How many businesses and factories will go bankrupt due to this money?
Daxia would never dare to gamble!
Michelle pressed on: "Sir, are you willing to adopt my suggestion?"
"Of course!" Solomon nodded with satisfaction: "Pass my order and increase the tariffs immediately according to your method!!!"
……
……
At 4 p.m. that day, the official of the hegemonic country suddenly issued an announcement - "Executive Order on Imposing Tariffs on Goods Originating from the Great Xia Country."
Content: In view of the fact that short sellers from Daxia maliciously carried out unprovoked short selling operations against Baguo, which led to a sharp recession in Baguo's economy and even triggered the subprime mortgage crisis, this executive order is now issued in accordance with the International Emergency Economic Powers Act in order to take effective measures to resolve related issues.
From the time of this announcement, a 5% additional tariff will be imposed on goods originating from Daxia. This is hereby announced.
As soon as the announcement came out, it stimulated the rise of the financial market in the hegemonic country.
Countless entrepreneurs and self-employed individuals in the Great Xia Kingdom who were engaged in foreign trade and export business suddenly wailed!
"Add 5 points at a time? What is Baguo trying to do?"
"No, the war between you two, the long and short sides, has nothing to do with us small business owners, right?"
"When gods fight, mortals suffer, ah..."
"The profit margins are already slim. With the 5% tariff, how much money do we have left?"
"My business partner just called me and told me that he canceled the order, saying that the cost would definitely go up after the recent tariff increase, and he would place another order after that."
"Our company has also lost a lot of big orders!"
"Damn Chen Mo, why are you shorting for no reason?"
"..."
When their own interests are not involved, these people can cheer for Chen Mo, shout slogans crazily, and talk about patriotism every day.
But once it involves one's own interests.
I'm sorry, I don't care who you are or why!
If you hinder us from making money, we will scold you to death. We will stand with the hegemonic country and force you to agree to the hegemonic country's conditions!
Imperial Capital, Moxun Building.
The securities department on the top floor.
Seeing all the scolding online.
Han Li had a sad face and complained beside Chen Mo: "These tyrants are so naive!!! They are imposing tariffs when they can't win. It's obvious that they are trying to force the authorities to put pressure on you, Mr. Chen, to stop short selling!"
"Mr. Chen, you have to withstand the pressure!"
Chen Mo said calmly, "What kind of pressure is 5%?"
Han Li raised his eyebrows: "Uh...what do you mean?"
“5% means no pressure.
At most, it will allow those who are engaged in exports to complain.
Just adding this little bit won't put any pressure on me." Chen Mo said with a smile.
"You mean... it will increase further?" Han Li said in horror.
"Well, the increase will probably not be small. No, it should be said that it may be unprecedentedly high!
High enough for the authorities to feel the pressure, and then transfer the pressure to me, forcing me to stop short selling!"
Chen Mo said in a deep voice.
"Could it be possible that... Solomon can add 10%?" Han Li swallowed and said.
"Is 10% stressful?" Chen Mo asked back.
"Then...could it be 15%?"
Han Li was stunned.
This is an unprecedentedly high tariff!!!
The tariff rate for all categories has never reached 15% in history. In the past, it was only imposed on individual categories of goods.
However, Chen Mo still shook his head: "Not high enough, the pressure is still not big enough! Guess again! Guess higher!"
