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Gingrich: China’s economy ‘can’t take the battering’ POTUS Trump is set to deliver
The National Sentinel ^ | 5/14/19 | Jon Dougherty

Posted on 05/14/2019 1:03:51 PM PDT by SleeperCatcher

Former House Speaker Newt Gingrich is confident that the tariffs imposed by POTUS Donald Trump on China, including the latest round of 25 percent levies on $200 billion worth of goods, is much more than Beijing will eventually be able to weather.

During an appearance on “Sunday Morning Futures” with Fox Business host Maria Bartiromo, Gingrich responded to a Twitter post by the president hinting that the Chinese government is “waiting” him out hoping that 2020 Democratic presidential contender Joe Biden wins the presidency next year and things can go back to ‘normal.’

“I think the Chinese are caught in a real box,” Gingrich said. “Because frankly, even if you think Trump’s not going to get reelected — and I personally think he’s gonna get reelected — but even if you thought he wasn’t, you’re talking about January 2021.”

(Excerpt) Read more at thenationalsentinel.com ...


TOPICS: Business/Economy
KEYWORDS: 2020election; boycotts; china; delaware; donaldtrump; election2020; georgia; gingrich; joebiden; mariabartiromo; newtgingrich; presidenttrump; sanctions; tariff; tariffs; trade; tradewar; trump
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To: ping jockey
If "saving face" is so important to the Chinese, then how did this happen:


41 posted on 05/14/2019 3:03:03 PM PDT by Chad_the_Impaler
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To: shelterguy

“He’s on a roll...”


42 posted on 05/14/2019 3:03:45 PM PDT by Vendome (I've Gotta Be Me https://www.youtube.com/watch?v=BB0ndRzaz2o)
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To: RayChuang88

Seriously, I just shake my head whenever I hear that China is some leader in renewable energy and environmentally conscious stuff. Having been there, I can say China is horrible. Its air pollution is so bad it now spreads out over South Korea and Japan. I’ve been in Seoul on days when I just start hacking away from the bad air quality from the “fine dust” from China.

Went to Vietnam recently. It’s just as bad in Hanoi, the whole city is covered by this gloomy grey pall which you at first think is fog but is really air pollution. Check out the videos of Trump and Kim Jong Un meeting and their driving through the streets of Hanoi. Looks like that all the time. The sun doesn’t shine there.

https://www.youtube.com/watch?v=2ZXG30frtnY


43 posted on 05/14/2019 3:04:50 PM PDT by kaehurowing
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To: SleeperCatcher

@#$& china to hell, the lying, cheating bastards.


44 posted on 05/14/2019 3:06:49 PM PDT by Caipirabob (Communists...Socialists...Fascists & AntiFa...Democrats...Traitors... Who can tell the difference?)
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To: Grimmy; AdmSmith; AnonymousConservative; Arthur Wildfire! March; Berosus; Bockscar; cardinal4; ...
Well put.

45 posted on 05/14/2019 3:44:44 PM PDT by SunkenCiv (Imagine an imaginary menagerie manager imagining managing an imaginary menagerie.)
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To: RayChuang88

China will take care of neither its pollution nor its elderly and it won’t care one bit.


46 posted on 05/14/2019 6:48:34 PM PDT by JerryBlackwell (some animals are more equal than others)
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To: vette6387
Yes, but no one is going to sneak up on Hawaii today!

They won’t need to - Maizie Hirono and her staff will be waiting on the beach to greet them with leis.

47 posted on 05/14/2019 6:51:27 PM PDT by Mr. Jeeves ([CTRL]-[GALT]-[DELETE])
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To: jdsteel
The US isn’t the only nation China has unfair trade with. We’re just the biggest by far. Other nations are silently cheering Trump on.

True, but there are significant exceptions. On another thread it was noted* that the EU runs a much smaller deficit with China than the US does. (This is especially noteworthy given that the EU is a close second to the US in GDP, and it runs an overall trade surplus with the non-EU world.) A trade deficit with China is ok if you can use it as part of an overall positive...

It was also noted that Germany runs a trade surplus with China. Other countries do too. How? Well, here's one example:

https://www.quora.com/Do-any-countries-have-a-trade-surplus-with-China

While I do not agree 100% with the author of the above, I do agree a key thing here is to maintain a tech edge, and that is where even the Euro's are on board when it comes to intellectual property theft. The Chinese, and by that I mean the people, not just the leadership, have this sort of "collectivist" notion that if I invent a better widget, EVERYBODY has a right to the design. After that, it is just a matter of who can work harder, study in school better, hone their pencils or cut corners sharper, more efficiently engage in corruption, or whatever... And they are very good at all those things. This is VERY hard to negotiate away in a way that can be enforced: It's not just successful for them, it's "bred in the bone", to quote Star Trek TNG's Commander K'Nera.

Nonetheless, we have to make it too painful to the Chinese to not change their ways, and make it profitable for both sides to both compete and cooperate -- it CAN be done.

Unfortunately, to get this done in a reasonable time frame, we end up for the most part chasing Chinese mfg. to other countries (Vietnam, Philippines, etc.) This likely helps on the IP front, as well as pressuring China. (The smaller countries are likely to be more cooperative on the IP issue, than China readily is.) But, it may not help our overall trade deficit by much, for a while.

48 posted on 05/14/2019 7:27:42 PM PDT by Paul R. (The Lib / Socialist goal: Total control of nothing left worth controlling.)
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To: kaehurowing

Is that (Hanoi) pollution from China? Local sources? Both?


49 posted on 05/14/2019 7:30:32 PM PDT by Paul R. (The Lib / Socialist goal: Total control of nothing left worth controlling.)
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To: vette6387
Most of Asia still hates the Japanese for their barbarism.

Right after the War, the "Blame America for dropping the bomb" meme was in full swing.

Some reporter(s) went around the world, asking if we were bad people for dropping the bomb.

When they got to Asia, the reply was usually "Why did you drop only two?"

50 posted on 05/14/2019 8:13:34 PM PDT by Oatka
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To: kaehurowing

“Isn’t this how World War II in the Pacific started?”

No. Japan was an imperialistic nation with a warlord leadership that decided to expand it territory to subsume China plus all other Pacific territories, including those owned by the British and U.S., as well as Australia and New Zealand ... they sneak-attacked the U.S. without declaring war in the hope of taking out our Pacific Fleet so we couldn’t defend our own Pacific territories that the Japanese also simultaneously attacked ... they failed ...


51 posted on 05/15/2019 4:08:24 AM PDT by catnipman (Cat Nipman: Vote Republican in 2012 and only be called racist one more time!)
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To: JerryBlackwell
China will take care of neither its pollution nor its elderly and it won’t care one bit.

And they will pay for it in a horrible fashion when they find out the hard way much of the population (20% of all humans!) are seriously ill from pollution effects.

52 posted on 05/15/2019 6:43:42 AM PDT by RayChuang88 (FairTax: America's Economic Cure)
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To: dfwgator
"That still leaves about a billion who still live in a mostly agrarian society."

The purpose of all the new cities is to drive the people into urban settings.

53 posted on 05/15/2019 9:20:19 AM PDT by blam
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To: Paul R.

Is that (Hanoi) pollution from China? Local sources? Both?


My understanding is it’s local (that is, from North Vietnam). What has happened is that a lot of industrial companies have been moving into Northern Vietnam from China because production costs have been becoming too high in China as China modernizes and wages are increasing. Vietnam is also increasingly seen as a friendlier country in which to do business, although they have the same corrupt type of government that China does. But they are encouraging outside foreign investment.


54 posted on 05/15/2019 11:07:19 AM PDT by kaehurowing
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