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China’s preparing for a trade war with the US

Posted on 6/29/18 at 9:11 am
Posted by tigerinDC09
Washington, DC
Member since Nov 2011
4741 posts
Posted on 6/29/18 at 9:11 am
LINK

quote:

China seems to be positioning itself to deal with the fallout of a bruising trade war with the US.

On Thursday, China’s commerce ministry announced that the country had agreed to lower or cancel existing tariffs, or border taxes, on thousands of goods from India, South Korea, Sri Lanka, Bangladesh, and Laos starting July 1.

Trade experts say that the move is plain evidence that China is looking for alternative sources for goods that it imports from the US. China is currently planning on imposing sweeping tariffs on numerous goods from the US, retaliating against Trump’s tariffs on Chinese goods that are scheduled to begin next week.


It appears that it is no longer just posturing here. China is making moves to decrease our trade leverage on them.
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
73868 posts
Posted on 6/29/18 at 9:12 am to
Fail thread #501
Posted by AU_251
Your dads room
Member since Feb 2013
11559 posts
Posted on 6/29/18 at 9:13 am to
quote:

It appears that it is no longer just posturing here. China is making moves to decrease our trade leverage on them.



the same thing still remains true. Their market needs our consumers more than we need their products.
Posted by LSURussian
Member since Feb 2005
126962 posts
Posted on 6/29/18 at 9:13 am to
You're just soooooo precious.
Posted by Homesick Tiger
Greenbrier, AR
Member since Nov 2006
54213 posts
Posted on 6/29/18 at 9:13 am to
So why wasn't China doing this to start with if it is such a good deal for them?
Posted by The Maj
Member since Sep 2016
27161 posts
Posted on 6/29/18 at 9:14 am to
quote:

Laos


Posted by SlackMaster
Baton Rouge
Member since Jan 2009
2655 posts
Posted on 6/29/18 at 9:14 am to
I'm scared...…. NOT!
Posted by lsutiger90
Cottage Grove, Houston, TX
Member since May 2004
1014 posts
Posted on 6/29/18 at 9:15 am to
OMG...where will we get all of our cheap plastic trinkets from?

Or I guess they will just increase 50%, from $0.10 to $0.15??

My bad on the math, LOL
This post was edited on 6/29/18 at 10:24 am
Posted by BestBanker
Member since Nov 2011
17484 posts
Posted on 6/29/18 at 9:15 am to
Posted by LSURussian
Member since Feb 2005
126962 posts
Posted on 6/29/18 at 9:16 am to
quote:

Or I guess they will just increase 50%, from $0.10 to $0.20??
Are you a math major???
Posted by narddogg81
Vancouver
Member since Jan 2012
19711 posts
Posted on 6/29/18 at 9:16 am to
So what? The sheer numbers makes this a no win for them. They import almost nothing from us, and we are their largest customer. They don't need to worry about replacing what they buy from us, they need to worry about selling their crap to someone else
Posted by AMS
Member since Apr 2016
6497 posts
Posted on 6/29/18 at 9:17 am to
quote:

Or I guess they will just increase 50%, from $0.10 to $0.20??



Posted by Homesick Tiger
Greenbrier, AR
Member since Nov 2006
54213 posts
Posted on 6/29/18 at 9:17 am to
quote:

Or I guess they will just increase 50%, from $0.10 to $0.20??


Better yet they could just disappear from the shelves on which they're sold from.
Posted by tiger7166
Louisiana
Member since Dec 2007
2621 posts
Posted on 6/29/18 at 9:18 am to
Why do you libs relish a weak USA?
Posted by tigerinDC09
Washington, DC
Member since Nov 2011
4741 posts
Posted on 6/29/18 at 9:18 am to
quote:

So why wasn't China doing this to start with if it is such a good deal for them?


Because like with an actual physical war, there are negative consequences to both sides.

Obviously China would prefer to continue their current trade relationship with us, but it takes 2 to tango.
Posted by Parmen
Member since Apr 2016
18317 posts
Posted on 6/29/18 at 9:18 am to
Lol okay. Bring it on. Trade wars are good for the US because we always win.
Posted by Janky
Team Primo
Member since Jun 2011
35957 posts
Posted on 6/29/18 at 9:18 am to
quote:

Or I guess they will just increase 50%, from $0.10 to $0.20??


Holy shite. You should probably just turn off your computer.
Posted by Alt26
Member since Mar 2010
28386 posts
Posted on 6/29/18 at 9:19 am to
There are many countries from which the U.S. can get cheap crap. There isn't a market equal to the U.S. for China to sell their crap
Posted by Walkthedawg
Dawg Pound
Member since Oct 2012
11466 posts
Posted on 6/29/18 at 9:20 am to
They should have learned from the media and democrat's, YOU DON"T MESS WITH THE DONALD

Posted by TaderSalad
mudbug territory
Member since Jul 2014
24658 posts
Posted on 6/29/18 at 9:20 am to
quote:

wompwompinDC09
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