- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Chinese put tariffs on LNG
Posted on 8/6/18 at 8:59 am to BugAC
Posted on 8/6/18 at 8:59 am to BugAC
Well history proves I am correct.
Certainly no one on TD has proven me wrong.
You know many people are blinded by the talking points of politicians and their allies in the press. There is no embarrassment in admitting you have been sucked in by mindless chatter.
Certainly no one on TD has proven me wrong.
You know many people are blinded by the talking points of politicians and their allies in the press. There is no embarrassment in admitting you have been sucked in by mindless chatter.
This post was edited on 8/6/18 at 1:39 pm
1
Posted on 8/6/18 at 9:00 am to I B Freeman
Among U.S. manufacturers there is broad support for the administration's efforts to end China's anti-competitive trade practices, explained Scott Paul, president of the Alliance for American Manufacturing, as well as a sense that the tariff policy is starting to produce results.
"There are some tailwinds in this trade war, if you want to call it that," Paul said. "The U.S. economy is particularly strong right now, we're not as trade-exposed as China and I think many businesses feel they see a path forward— that the tariffs have perhaps begun a process that will lead to a freer and fairer global economy."
"There are some tailwinds in this trade war, if you want to call it that," Paul said. "The U.S. economy is particularly strong right now, we're not as trade-exposed as China and I think many businesses feel they see a path forward— that the tariffs have perhaps begun a process that will lead to a freer and fairer global economy."
Posted on 8/6/18 at 9:01 am to Jbird
quote:
Alliance for American Manufacturing
You know this is trade association of the old line steel manufacturers and the like don't you?
Posted on 8/6/18 at 9:02 am to I B Freeman
quote:
After all, when was the last time people worried about trade deficits between the 50 states? Undoubtedly, Iowa sells more agricultural goods to New York than New York sells to Iowa. And, New York probably sells more financial services to Iowa than Iowa sells to New York. Yet no one worries about these trade flows. Perhaps Iowa has a trade deficit with New York; perhaps it is the other way around. Who cares?
Yeah, that's a myopic view.
Iowa and New York are on the same team. There are no national security issues between Iowa and New York.
The same can almost be said for the U.S. and the E.U. Maybe that's why we are moving toward zero tariffs with the E.U.
Posted on 8/6/18 at 9:05 am to I B Freeman
Posted on 8/6/18 at 9:05 am to I B Freeman
quote:
US manufacturers like cheap aluminum from China too.
Let me ask you a question. What would happen if China decided it didn't want to sell us their cheap aluminum anymore? Do you think American mills are anywhere near ready to fill orders needed? You must really like being at the mercy of another country because they sell cheap crap.
Posted on 8/6/18 at 9:06 am to I B Freeman
quote:So.
You know this is trade association of the old line steel manufacturers and the like don't you?
Posted on 8/6/18 at 9:06 am to I B Freeman
However, there are some signals that Beijing may soon come around.
Friday marked the eighth-straight week the Chinese yuan has lost value against the U.S. dollar. Investors have continued to pull out of China's stock market, resulting in losses that allowed Japan to overtake China as the second largest market after the United States.
"Investors are losing confidence in China and very much viewing the United States as having the upper hand in this trade dispute," Paul said, noting the mounting pressures on China's economy could prove advantageous for the United States resolving long-standing trade disputes. "China will have to make a decision soon about which direction it wants to go because there are only a couple of possibilities remaining."
Friday marked the eighth-straight week the Chinese yuan has lost value against the U.S. dollar. Investors have continued to pull out of China's stock market, resulting in losses that allowed Japan to overtake China as the second largest market after the United States.
"Investors are losing confidence in China and very much viewing the United States as having the upper hand in this trade dispute," Paul said, noting the mounting pressures on China's economy could prove advantageous for the United States resolving long-standing trade disputes. "China will have to make a decision soon about which direction it wants to go because there are only a couple of possibilities remaining."
Posted on 8/6/18 at 9:09 am to Jbird
Chinese get most of their LNG from Indonesia/Malaysia.
BS Tariff for Press consumption
BS Tariff for Press consumption
Posted on 8/6/18 at 9:10 am to Boatshoes
quote:
Chinese put tariffs on LNG
Our export infrastructure will Euro-focused for a few years anyway.
Posted on 8/6/18 at 9:13 am to Jbird
quote:
Friday marked the eighth-straight week the Chinese yuan has lost value against the U.S. dollar. Investors have continued to pull out of China's stock market, resulting in losses that allowed Japan to overtake China as the second largest market after the United States.
There is immense pressure on China to work with the US right now. Their stock market is getting crushed at the moment and there are fears that the US and Europe will sort of go along with new trade pacts without concern for China.
Posted on 8/6/18 at 9:13 am to Lg
quote:
What would happen if China decided it didn't want to sell us their cheap aluminum anymore? Do you think American mills are anywhere near ready to fill orders needed? You must really like being at the mercy of another country because they sell cheap crap.
The market price of aluminum would move higher. We will not run out of sources of aluminum just as we have never run out of sources for any commodity but for government interventions.
Are we at the mercy of Australia because they are much better producers of wool? Are we at the mercy of Honduras because they are much better producers of bananas? Are we at the mercy of Columbia because they are much better producers of coffee? Are we at the mercy of South Africa because they mine most of the platinum in the world? Are we at the mercy of China because they mine most fo the rare earth metals mined in the world?
Trade make everyone more wealthy.
China is foolish to subsidize aluminum to protect it's aluminum producers just as we are foolish to subsidize agriculture.
I am curious if you are so protective of aluminum producers would you support tax payer subsidies of their industry like we do agriculture?
Posted on 8/6/18 at 9:14 am to I B Freeman
quote:
Besides Canada and Mexico that get LNG from us via pipeline very few of our LNG customers are larger than China
Here are just a few of our LNG exports.
2017 LNG Annual Exports (Volumes in Million Cu Ft)
Argentina 16,276
Brazil 17,648
Canada 917,087
Chile 25,746
China 103,410
Domenican Republic 8,691
India 20,919
Japan 53,218
Jordan 36,321
Kuwait 20,213
Mexico 1,543,056
South Korea 130,185
Spain 29,329
Turkey 24,855
2,460,144 volumes of LNG exported in 2017. China's share, 4.2%. I'd say we are at a much stronger bargaining position than China is, especially with their market on a tumble right now. Why are you so adamant for the US to constantly being screwed in trade? Is it TDS or do you just hate prosperity?
Posted on 8/6/18 at 9:16 am to BugAC
quote:
Why are you so adamant for the US to constantly being screwed in trade?
His thoughts and his posts are pretty much plug and play. Not a lot of depth or consideration for reality baked into them.
Posted on 8/6/18 at 9:16 am to OchoDedos
You are correct China does have other sources of LNG even though they take over 10% of what we ship other than our shipments through pipelines.
They know the do not have to buy our LNG. That is the point. We have "trade warred" ourselves out of that market.
They know the do not have to buy our LNG. That is the point. We have "trade warred" ourselves out of that market.
Posted on 8/6/18 at 9:17 am to I B Freeman
quote:
We have "trade warred" ourselves out of that market.
Posted on 8/6/18 at 9:17 am to dewster
quote:
Our export infrastructure will Euro-focused for a few years anyway.
Uhhh--not the case today. Asian countries, including China, are our biggest customers outside of Canada and Mexico.
Posted on 8/6/18 at 9:18 am to I B Freeman
quote:
Well history proves I am correct.
No, it doesn't.
And your "well its all talk, nothing has happened yet" response, which doesn't get you out of how you've been wrong; your entire argument is all talk as well. So who's "talk" is more believable. IB Freeman, poliboard random, or the EU Commission President?
Posted on 8/6/18 at 9:20 am to dewster
quote:
His thoughts and his posts are pretty much plug and play. Not a lot of depth or consideration for reality baked into them.
Because he's bitter. He has been proven wrong in real time so many times, yet he's too stubborn to admit he was wrong. So what does he do? Double down on stupid. It's ok, he can keep railing on about China. I can 100% guarantee China will back down on their tariffs within a few months.
Posted on 8/6/18 at 9:21 am to BugAC
You will not that I qualified that statement with the exclusion of Canada and Mexico which have pipeline infrastructure.
That pipeline infrastructure is what enables their purchases to be so high and is proof of the HUGE possibilities of the aforementioned pipeline from Alaska to China Roger talked about.
I will put you down as opposing trying to trade with the largest country in the world on one of their largest imports.
That pipeline infrastructure is what enables their purchases to be so high and is proof of the HUGE possibilities of the aforementioned pipeline from Alaska to China Roger talked about.
I will put you down as opposing trying to trade with the largest country in the world on one of their largest imports.
Page 4 of 9
Popular
Back to top
Follow TigerDroppings for LSU Football News