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re: What will China do now?
Posted on 5/11/19 at 2:15 am to cajuncarguy
Posted on 5/11/19 at 2:15 am to cajuncarguy
quote:
What will China do now?
They will call their lobbyist IB Freeman to post on this board to try and convince the unconvinceable.
0
Posted on 5/11/19 at 3:07 am to I B Freeman
quote:
No but this trade war is about IP protection in China.
Its not in chini you twit its protection FROM chini theft.
Read the 301 directive if you don’t believe me.
quote:
The US military has the law on its side in the US.
Oh that worked real well, considering the only thing their new fighter jet differs from our f-35 is the friggin logo.
Posted on 5/11/19 at 3:11 am to buckeye_vol
quote:
I don't know. I would argue that (IP theft) would is described as market manipulation often is a benefit to us.
Huh? So being raped is just vaginal manipulation and actually a benefit to the victim?
Posted on 5/11/19 at 3:33 am to cajuncarguy
quote:
Their aim is to hurt the US economy so bad that Trump loses election and they win.
That would be a terrible strategy ,because their economy is reliant on ours and not the other way around. We literally have the power to crush them and crash their economy. If China would try that than they would chop themselves off at the foot.
Posted on 5/11/19 at 4:24 am to cajuncarguy
quote:The danger in that strategy for China is they are no longer the cheapest manufacturing/production alternative. With tariffs, that disadvantage becomes glaring.
Their aim is to hurt the US economy so bad that Trump loses election and they win.
With extended tariff anticipation and prospects of longer-term pricing instability, comes the real threat of manufacturing displacement to more cost competitive locales -- Vietnam, SoKorea, Taiwan, India, Mexico, etc.
China is still not an innovator/designer but rather an imitator/manufacturer. A major factory production shift to other countries would be devastating. It is a real risk and represents change which, once employed, would be hard for the Chinese to unwind.
If a company is in search of a new manufacturing site, even the current intransigence will take a toll -- regardless of negotiation outcome. China's advantages are dwindling. Potential cost instability will drive future prospects elsewhere.
Posted on 5/11/19 at 4:44 am to NC_Tigah
Great points NC, and I think they are already there.
Its a ponzi scheme and as long as they can keep all the plates in the air (their economy supercharged) it was working. Unfortunately the companies are moving in droves and their current account balance is shrinking, they need US dollars for it to work and its getting tougher by the day.
The last thing you need is your largest provider of USD to walk away from the table.
Its a ponzi scheme and as long as they can keep all the plates in the air (their economy supercharged) it was working. Unfortunately the companies are moving in droves and their current account balance is shrinking, they need US dollars for it to work and its getting tougher by the day.
The last thing you need is your largest provider of USD to walk away from the table.
Posted on 5/11/19 at 4:54 am to trinidadtiger
Now that the democrats on Trumps team have convinced him beating up on China is a winning theme in 2020 things will not be good.
A full blown trade war with China will be ugly.
Their currency reserves remain huge and they have a huge tool in their war chest—access to Chinese consumer markets.
Biden could take some farm states if he continues to advocate for Chinese trade. Trump has sided with the democrat radicals on the issue and now only Biden stands in support of trade with China.
Brannon and Navarro has Trumps ear.
A full blown trade war with China will be ugly.
Their currency reserves remain huge and they have a huge tool in their war chest—access to Chinese consumer markets.
Biden could take some farm states if he continues to advocate for Chinese trade. Trump has sided with the democrat radicals on the issue and now only Biden stands in support of trade with China.
Brannon and Navarro has Trumps ear.
Posted on 5/11/19 at 5:02 am to I B Freeman
quote:. . . and you have sided with the Communist Chinese. Strange Days.
Trump has sided with the democrat radicals on the issue
Posted on 5/11/19 at 5:06 am to NC_Tigah
quote:
displacement to more cost competitive locales -- Vietnam, SoKorea, Taiwan, India, Mexico, etc
What happened to “We can make it here!”?
Posted on 5/11/19 at 5:20 am to NC_Tigah
I have sided with the American tax payer.
You are against them in deference to a man with no goal but ego satisfying political gain.
You are against them in deference to a man with no goal but ego satisfying political gain.
Posted on 5/11/19 at 6:04 am to I B Freeman
quote:No, you haven't.
I have sided with the American tax payer.
Your claims remind me of Joe Kennedy's pacifism toward the Nazis in the 1930's. He said his views aligned with American prosperity. But they didn't. JoeKennedy lacked vision. He couldn't see past next week, much less to the months and years ahead. He also allowed personal interests to encroach on good judgement. Have you done the same?
"American Taxpayer" interest is in wage growth. Taxes are relative by comparison. A 0.5% consumption tax increase juxtaposed with 3% wage growth is a winner for "the American taxpayer".
There is simply no way to argue that a wage-crushing trade-relationship allowing Chinese intellectual property theft, import barriers and predatory export subsidies is in the best interest of long-term US economics, or "the American taxpayer".
Insofar as you know that (and I am convinced you do know it), and insofar as it is a seared, branded and very well documented historical economic principle, you are opting to side with Chicoms against the US taxpayer. For whatever reason, you've knowingly made the choice.
Posted on 5/11/19 at 7:31 am to NC_Tigah
I kinda think trump is tired of the whole situation. The Chinese have some control over the North Korean. I have no doubt that the North Korean acting up had something to do with the Chinese American trade dispute.
This American delegation is unlike any they have delt with in the past and dramatically different than Obama. There Chinese and America almost had a deal and then started walking back on many aspects of that agreement. Obama would have taken whatever deal was left over because he valued the optics over anything else.
Trump simply said we had most of the deal in place. You can walk away if you want, but then take an extra 200 billion in tariffs with you.
The Chinese are right now thinking if they can survive the remainder of Trump's term without a deal in place because the Democrats will make a very favorable deal with them.
If trump wins re-election, or looks like he is going to win re-election, the Chinese are going to have to deal.
Right now many of the other countries in that area are benefitting from China's loss. Some manufacturing is moving to India and other places without the tariffs. China has some tough decisions.
This American delegation is unlike any they have delt with in the past and dramatically different than Obama. There Chinese and America almost had a deal and then started walking back on many aspects of that agreement. Obama would have taken whatever deal was left over because he valued the optics over anything else.
Trump simply said we had most of the deal in place. You can walk away if you want, but then take an extra 200 billion in tariffs with you.
The Chinese are right now thinking if they can survive the remainder of Trump's term without a deal in place because the Democrats will make a very favorable deal with them.
If trump wins re-election, or looks like he is going to win re-election, the Chinese are going to have to deal.
Right now many of the other countries in that area are benefitting from China's loss. Some manufacturing is moving to India and other places without the tariffs. China has some tough decisions.
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