Chapter 2864 Double!
Then a foreign reporter at the press conference asked, "So, what measures will Daxia take to retaliate?"
"Is the Great Xia Kingdom just talking big? Will this time be the same as before, with no substantive countermeasures?"
"So-called countermeasures of the same level, or even higher-level countermeasures, do they only exist in your mouth?"
The questions asked by foreign journalists were quite sharp.
After all, according to past experience, the Great Xia Kingdom has always been all talk and no action.
Each time they shout louder than the last, but each time there is no substantial action.
This time, everyone naturally thought so.
The chief said seriously: "In response to the tax increase by the Hegemony, the Great Xia Kingdom will increase taxes on the energy products of the Hegemony.
For energy commodities such as coal, liquefied natural gas (LNG), and crude oil, the Great Xia Kingdom will increase tariffs by 40% at one time!
30% increase in tariffs on crude oil!
The implementation time is 0: today. The current bonded and tax reduction and exemption policies remain unchanged, but the newly imposed tariffs will not be reduced or exempted, ensuring that the countermeasures directly affect trade costs.
As soon as this statement came out, the reporters at the scene were in an uproar!!!
You know, energy is one of the few areas where the hegemonic country has a trade surplus with Xia!
Crude oil accounts for 62%, LNG accounts for 12.5%, and coal accounts for 10%!
For example, if LNG exporters from China were to bear a 15% tariff, their price competitiveness in the Asian market would decline significantly, potentially forcing some resources to be diverted to Australia or other regions!!!
If this were to happen, all of Naha's energy companies would face bankruptcy!!!
"Oh, my god!!! Daxia is serious!!!"
"This time, they're not just talking nonsense! Are they actually taking countermeasures?"
"How dare Daxia?!"
"Why wouldn't they dare? All you need to do is raise taxes on Daxia, and they won't be allowed to retaliate, right?"
"..."
Solomon couldn't bear to watch the messy video that followed.
His eyes were already glazed over, his pupils filled with horror and disbelief!!!
The Daxia authorities, instead of stopping Chen Mo from short selling and asking him to apologize, actually dared to confront the Hegemony head-on!!!
This attitude has been expressed very clearly!
I just want to support Chen Mo in short selling to the end!!!
"How is this possible... Shouldn't the weak Great Xia just strongly condemn and protest and be done with it?
How dare it actually take countermeasures?!"
Solomon shivered.
This is his last ripple!
There is no more tricks after using it up!!!
"Solomon, I'm sorry, I can't do what you ask.
The authorities have given me direct instructions to increase my short selling efforts.
Be bold and short-sell with confidence, the authorities will support me!
Hey, tell me about this matter, I may disappoint you."
Chen Mo said it was perfect and drank a glass with Ji Longxiang and Feng Hongyang.
The sound of clinking glasses sounded particularly harsh through the microphone.
"Chen Mo, don't be so proud!
This is just the beginning!!!
You didn’t win, and I didn’t lose!!!”
Solomon said something harsh and quickly hung up the phone, as if Chen Mo would jump out from the other end and eat him if he was a second slower.
Michelle trembled and said, "Mr. Rothschild, the market has already reacted.
Now the stock market, foreign exchange market and other financial products have stopped rising and are now falling, and the decline is not small."
Solomon gritted his teeth and said, “Then continue to raise taxes!
Let’s see whether Daxia can withstand it or our hegemony can withstand it!!!”
"Then...how much should I add?"
Michelle inquired.
"Another 10%... No! 20%!"
Solomon said cruelly.
"it is good."
Michel was about to go down to carry out the order when Solomon stopped him again.
"Wait a moment!"
"Ok?"
"Troubled times call for drastic measures, and 20% is no longer enough to stimulate the market.
If you do this... it will just double!!! The tariff will increase from 40% to 80%!!!"
Solomon said solemnly.
"Wha...what?!"
Michelle swallowed and said in a trembling voice, "This is equivalent to completely rejecting Daxia's products!"
80% tariff!!!
The prices of goods from Daxia Kingdom have to almost double to get the same profit as before!
If that were the case, who in the hegemonic country would be willing to import goods from Daxia?
"Yes! Isn't Daxia arrogant? Didn't they say we have no right to speak from the perspective of strength?
Then I will show them what strength is!!!
Your Great Xia Kingdom cannot do without my Hegemony Kingdom, the world's largest commodity market!!!"
"But……"
"But what buts! There's nothing to but about! It's only 80%! Do it now!
As long as it reaches 80%, Daxia will definitely explode!!! Go!!!"
Solomon roared like a madman.
At this time, he had already lost some of his mind.
In other words, he can only put all his chips on this, and has no other tricks.
On the Internet, as soon as the announcement of the Great Xia Kingdom came out, it immediately caused an uproar!
Foreign netizens: "What? What's wrong with the Great Xia Kingdom? Instead of apologizing, they dare to retaliate?"
"Does the Great Xia Kingdom want to die?"
"No way, no way, Daxia doesn't really think it can be on par with the Hegemony Kingdom, right?"
"It's totally against Tian Gang!!! What a clown!!!"
"But the market fell today, which means Daxia's countermeasures worked."
"Yes, all the stocks I bought have fallen, and even the exchange rate has dropped to around 71 points!"
"This is only temporary. Believe me, the Hegemony is the world's largest country, and the Hegemony market is the world's largest market.
Daxia cannot be separated from the hegemony, I said! "
Netizens from Daxia: "It's so fucking domineering!!! It makes my heart surge!!! So cool!!!"
"Yeah, for so many years we've been all talk and no action, but this time we finally showed some dominance!"
"Hahahaha, pointing at the nose of the hegemony and saying you have no qualifications! How arrogant! But I like it!"
"You still want to use tax hikes to force the White Dragon King to quit short selling? Dream on!"
"Let the hegemonic country see the strength of Daxia, let the world see the strength of Daxia!"
"I am no longer the lamb to be slaughtered decades ago! The sleeping dragon has finally awakened!"
"..."
The number of related online discussions once exceeded 30 billion!
People all over the world are discussing this issue after dinner in various countries.
Chen Mo was leisurely waiting for the short-selling ban to pass.
Once he can short sell, Chen Mo will put all his capital into a sudden move and directly overwhelm Solomon!!!
Just a few hours after the announcement of the Great Xia Kingdom, the financial market of the Hegemonic Kingdom showed signs of plummeting.
An announcement from the hegemonic country once again set the world ablaze!!!
"Effective immediately, Section 14195(a) of Order No. 2, as amended, will increase the tariff on goods imported from Daxia from 40% to 80%."
