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re: Honestly As of Now, Which Country Has the Upper-Hand On the Tariff Situation?USA or China?
Posted on 4/14/25 at 7:06 am to KCT
Posted on 4/14/25 at 7:06 am to KCT
You said would they do something crazy. Running over your own people with tanks and machine gunning them down is pretty crazy.
Make no mistake. Xi will murder millions for the communists to keep power.
Make no mistake. Xi will murder millions for the communists to keep power.
Posted on 4/14/25 at 7:07 am to eddieray
quote:
eddieray
All you do is whine about Trump. Literally every post on this board from you is a whine about him.
But funny enough, no one recalls seeing your name on here during Xiden's reign of terror. Were you in prison during that time and couldn't post?
Posted on 4/14/25 at 7:10 am to KCT
China would have been in a better position if they had simply sat down with Trump and had the discussion. Now, they have allowed Trump to sit down with 75 countries and negotiate while sit in China and making memes of American workers.
America has the upper hand, especially with Trump doing what he does best, negotiate deals.
America has the upper hand, especially with Trump doing what he does best, negotiate deals.
Posted on 4/14/25 at 7:11 am to supatigah
quote:
that msn.com article is a week old and no longer applies
Boutte-fricked.
Posted on 4/14/25 at 7:12 am to idlewatcher
Hillary still butthurt over 2016.
frick her.
frick her.
Posted on 4/14/25 at 7:18 am to KCT
quote:
CCP
The ChiComs have murdered tens of millions before. They're willing to do it again
Posted on 4/14/25 at 7:30 am to KCT
If this were to come to a real tariff war, we could win it. We would have to go through a period of serious adjustment in the cost of the products imported from China. If we weather that, we can win.
The Chinese would have to weather layoffs that could come as they lose a huge market for their exports.
I think we could find replacement imports for a lot of things but they would not find a market at big as ours to sell their stuff.
The Chinese would have to weather layoffs that could come as they lose a huge market for their exports.
I think we could find replacement imports for a lot of things but they would not find a market at big as ours to sell their stuff.
Posted on 4/14/25 at 7:42 am to Neutral Underground
quote:
The USA has the biggest purchasing power in the world.
US purchasing power is a mirage. We're in debt up to our eyeballs and submerging faster. I don't know anything about China's internal financials because they don't release good information. Their debt load is probably very high too. The world is in a race to the bottom but we're definitely capable of getting there first.
Posted on 4/14/25 at 7:45 am to beaux duke
quote:That certainly is weird.
weird. i googled "list of countries willing to negotiate trade deals white house press briefing" and these were the top results
South Korea, Japan, India, the EU, United Kingdom, Switzerland, Canada and Mexico are all in well-documented, ongoing negotiations. The administration stated it will prioritize larger partners first in the 90-day span. Those counterparties certainly fall in line with the premise. There are a litany of countries waiting in line for their turn at the table.
Posted on 4/14/25 at 7:49 am to ABearsFanNMS
quote:
~25% of their trade is with the United States
quote:
n 2023, China’s global exports reached $3.4 trillion, with the United States receiving $502 billion—or 14.8%—of that total. This share significantly exceeded that of the second-largest recipient, Hong Kong, which accounted for 8.2% of China’s exports
Consumer electronics represents China’s highest U.S. export dependency at 22% of its exports. Among all sectors, it also shows the smallest gap between U.S. and non-U.S. exports, with non-U.S. exports ($339 billion) only 3.5 times larger than U.S. exports ($96 billion).
LINK
Posted on 4/14/25 at 7:50 am to NC_Tigah
quote:
South Korea, Japan, India, the EU, United Kingdom, Switzerland, Canada and Mexico are all in well-documented, ongoing negotiations.
Will be funny after all these years if we return to NAFTA in N. America.
Posted on 4/14/25 at 7:51 am to KCT
The least leverage Trump will have is right now unless the entire world aligns to push back collectively.
Every favorable deal Trump signs will slowly push the leverage into his corner like a poker player acquiring a larger and larger stack of chips to be used to bluff and bully the rest of the table.
We haven’t won yet, but the reality is the only way we really lose is to maintain the status quo. Either true free trade or protective tariffs to drive domestic manufacturing growth is far superior to what we have at the moment.
Every favorable deal Trump signs will slowly push the leverage into his corner like a poker player acquiring a larger and larger stack of chips to be used to bluff and bully the rest of the table.
We haven’t won yet, but the reality is the only way we really lose is to maintain the status quo. Either true free trade or protective tariffs to drive domestic manufacturing growth is far superior to what we have at the moment.
Posted on 4/14/25 at 7:55 am to tide06
quote:
Every favorable deal Trump signs will slowly push the leverage into his corner like a poker player acquiring a larger and larger stack of chips to be used to bluff and bully the rest of the table.
quote:
a political system in which the state has substantial centralized control over social and economic affairs:
Posted on 4/14/25 at 8:00 am to KCT
US has the upper hand. We don’t buy, they collapse.
There’s nothing China produces that is unique to them. Any of the cheap consumer goods they make can be made in other developing countries like Mexico, India, Brazil, Vietnam who are willing to negotiate trade. Any advanced tech like phones and semiconductors can be made in places like South Korea, here in the U.S., Japan, Taiwan. Industrial machinery and heavy machinery can be manufactured in U.S, Japan, Germany.
There is nothing that has to be made only in China
There’s nothing China produces that is unique to them. Any of the cheap consumer goods they make can be made in other developing countries like Mexico, India, Brazil, Vietnam who are willing to negotiate trade. Any advanced tech like phones and semiconductors can be made in places like South Korea, here in the U.S., Japan, Taiwan. Industrial machinery and heavy machinery can be manufactured in U.S, Japan, Germany.
There is nothing that has to be made only in China
Posted on 4/14/25 at 8:06 am to RogerTheShrubber
Demanding unregulated free trade in a market dictated by protectionist tariffs is the most laughably flawed political position I can imagine.
You’re pounding on economic theories while ignoring the economic realities right in front of you that make them impossible to implement successfully.
It’s like arguing with a college student about socialism: the fundamental prerequisites for it to work don’t exist in the real world, in this case other nations being free market, non protectionist trade partners.
Ironically, the only way to break down those barriers to create a climate in which those policies could be enacted is what Trump is doing and you are steadfastly opposed to.
You’re pounding on economic theories while ignoring the economic realities right in front of you that make them impossible to implement successfully.
It’s like arguing with a college student about socialism: the fundamental prerequisites for it to work don’t exist in the real world, in this case other nations being free market, non protectionist trade partners.
Ironically, the only way to break down those barriers to create a climate in which those policies could be enacted is what Trump is doing and you are steadfastly opposed to.
Posted on 4/14/25 at 8:09 am to tide06
quote:
Demanding unregulated free trade in a market dictated by protectionist tariffs is the most laughably flawed political position I can imagine.
Not if you understand who tariffs affect and how it slows economic growth to the country hosting tariffs.
Youre either for economic growth or youre for protectionism.
This post was edited on 4/14/25 at 8:11 am
Posted on 4/14/25 at 8:09 am to beaux duke
quote:
weird. i googled "list of countries willing to negotiate trade deals white house press briefing" and these were the top results from friday afternoon-
I googled also. You’re being disingenuous.
CBS News
Posted on 4/14/25 at 8:11 am to RogerTheShrubber
quote:Okay.
Will be funny after all these years if we return to NAFTA in N. America.
Meanwhile, the post I was responding to intimated incorrectly that countries are not coming to the table to negotiate US trade relationships. Apparently his source was Rachel Maddow.
Posted on 4/14/25 at 8:20 am to KCT
It’s want vs need.
We want cheap shite. We don’t need it. They really don’t provide anything of necessity - or at most very little.
They need our money and business. If we buy less shite over there they have no fall back option. They also need the copious amounts of food we send over.
We want cheap shite. We don’t need it. They really don’t provide anything of necessity - or at most very little.
They need our money and business. If we buy less shite over there they have no fall back option. They also need the copious amounts of food we send over.
Posted on 4/14/25 at 8:32 am to RogerTheShrubber
It’s a hard thing to acknowledge but Friedman was utterly wrong on all of his tariff arguments in the early 90s based on the 35 years of evidence we have to evaluate them.
“The Japanese might accumulate, as they have been doing, a moderate sum in greenbacks or dollar deposits or dollar securities as a reserve for possible future needs. But they are too smart to do so indefinitely. Very soon Japan would take steps either to reduce exports or to use the dollars to buy imports (by changes in trade restrictions, or in the internal price level, or in the exchange rate between the yen and the dollar).“
-Milton Friedman 1992
The Chinese took these policies, turned them sideways and destroyed the American middle class while leveraging their “moderate sum” of greenbacks to take over Africa, buy off American politicians and force America to become a service based economy that functions more like a colony economically where raw goods are shipped to low labor cost nations, finished goods are shipped back and the difference is made up for with ever increasing IOUs.
“The Japanese might accumulate, as they have been doing, a moderate sum in greenbacks or dollar deposits or dollar securities as a reserve for possible future needs. But they are too smart to do so indefinitely. Very soon Japan would take steps either to reduce exports or to use the dollars to buy imports (by changes in trade restrictions, or in the internal price level, or in the exchange rate between the yen and the dollar).“
-Milton Friedman 1992
The Chinese took these policies, turned them sideways and destroyed the American middle class while leveraging their “moderate sum” of greenbacks to take over Africa, buy off American politicians and force America to become a service based economy that functions more like a colony economically where raw goods are shipped to low labor cost nations, finished goods are shipped back and the difference is made up for with ever increasing IOUs.
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