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Breaking: China offers a way to eliminate US trade imbalance. HAIL TRUMP!

Posted on 1/18/19 at 9:37 am
Posted by LSUTigersVCURams
Member since Jul 2014
21940 posts
Posted on 1/18/19 at 9:37 am
Bloomberg

quote:

China has offered to go on a six-year buying spree to ramp up imports from the U.S., in a move that would reconfigure the relationship between the world’s two largest economies, according to officials familiar with the negotiations, Bloomberg News reports.

By increasing annual goods imports from the U.S. by a combined value of more than $1 trillion, China would seek to reduce its trade surplus -- which last year stood at $323 billion -- to zero by 2024, one of the people said. The officials asked not to be named as the discussions aren’t public.
This post was edited on 1/18/19 at 9:51 am
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
73827 posts
Posted on 1/18/19 at 9:37 am to
Team IBChina gonna melt
Posted by The Pirate King
Pangu
Member since May 2014
57708 posts
Posted on 1/18/19 at 9:39 am to
Needs to be stickied

IB screamin needs to see this.
Posted by PickupAutist
Member since Sep 2018
3022 posts
Posted on 1/18/19 at 9:40 am to
No, NO. The only solution to China is complete and unconditional surrender to them. - IB ChiCom
Posted by I B Freeman
Member since Oct 2009
27843 posts
Posted on 1/18/19 at 9:40 am to
That will be oil and agricultural products and it will be good. Not much in the way of job creation but good for commodity sectors of our economy.

If Trump insist on keeping the tariffs on goods Americans buy with an offer like that on the table he should be impeached.

The other not so apparent benefit will be the Chinese will not be buying near as much US debt as it will now be using US dollar reserves to buy US goods instead.

That is a benefit in my eyes because it will contribute to rising interest rates and maybe one day we will force Congress to deal with it's deficit spending.
This post was edited on 1/18/19 at 9:45 am
Posted by Bunyan
He/Him
Member since Oct 2016
20828 posts
Posted on 1/18/19 at 9:41 am to
Our Cheeto-in-Chief did it folks!

The knee has been bent
Posted by Vacherie Saint
Member since Aug 2015
39498 posts
Posted on 1/18/19 at 9:41 am to
This is absolutely huge news. This might be the biggest foreign policy story since the NoKo talks.

All the media will talk about for the next 2 weeks is this Cohen story from goddam buzz feed.
Posted by dcbl
Good guys wear white hats.
Member since Sep 2013
29695 posts
Posted on 1/18/19 at 9:41 am to
good news for America, progs are sure to be upset...
Posted by Bunyan
He/Him
Member since Oct 2016
20828 posts
Posted on 1/18/19 at 9:42 am to
quote:

If Trump insist on keeping the tariffs on goods Americans buy with an offer like that on the table he should be impeached.

Posted by CptBengal
BR Baby
Member since Dec 2007
71661 posts
Posted on 1/18/19 at 9:42 am to
quote:

Team IBChina gonna melt




Lol.
Posted by roadGator
Member since Feb 2009
140563 posts
Posted on 1/18/19 at 9:43 am to
You should apply to be Pelosis chief of staff.
Posted by 8thyearsenior
Centennial, CO
Member since Mar 2006
4280 posts
Posted on 1/18/19 at 9:43 am to
Hope it’s true but unnamed sources....
Posted by td01241
Savannah
Member since Nov 2012
22849 posts
Posted on 1/18/19 at 9:44 am to
My body is completely devoid of semen
Posted by oleheat
Sportsman's Paradise
Member since Mar 2007
13459 posts
Posted on 1/18/19 at 9:46 am to
But....but....RUSSIA AND WHORES!!!
Posted by The Pirate King
Pangu
Member since May 2014
57708 posts
Posted on 1/18/19 at 9:48 am to
Live look at IB Screamin:

Posted by Mid Iowa Tiger
Undisclosed Secure Location
Member since Feb 2008
18674 posts
Posted on 1/18/19 at 9:50 am to
Now THAT is opening China. Not what Nixon did...

Posted by UnitedFruitCompany
Bay Area
Member since Nov 2018
3382 posts
Posted on 1/18/19 at 9:52 am to
quote:

That will be oil and agricultural products and it will be good. Not much in the way of job creation but good for commodity sectors of our economy.


lol. Agriculture built this country and Oil expanded it beyond anyone's dreams. Oil and food mean steel and trucks and heavy industry. Those are Main St type jobs, not Wall St jobs. Main St jobs are the straw that stirs the drink in America. Also, if you haven't been paying attention, the tax law and just about everything the Trump admin has been doing is to move away from the Wall St economy of Clinton and Obama and more towards the Main St economy.

If this story turns out to be legit? Make room for Trump on rushmore. its the stuff legends are made of.
Posted by thejudge
Westlake, LA
Member since Sep 2009
14061 posts
Posted on 1/18/19 at 9:52 am to
LNG fixing to boom.

Buy up TELL and LNGLY while it's cheap.

Or go with cameronLNG and cheniere for less lucrative but more stake investment...
Posted by teke184
Zachary, LA
Member since Jan 2007
95754 posts
Posted on 1/18/19 at 9:53 am to
And what of IP theft violations?

Throwing money at us to make it easier for them to sell still doesn’t fix one of the major underlying issues.
Posted by jbond
Atlanta
Member since Jun 2012
4938 posts
Posted on 1/18/19 at 9:53 am to
What about intellectual property of US firms? They still going to force them to fork it all over if they want access to the Chinese market?
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