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China "Shocked" By Navarro Appointment, As Trump Team Proposes 10% Import Tariff
ZeroHedge.com ^ | 22 December 2016 | Tyler Durden

Posted on 12/22/2016 8:12:46 PM PST by Rockitz

As the FT first reported yesetrday, in a dramatic development for Sino-US relations, Trump picked Peter Navarro, a Harvard-trained economist and one-time daytrader, to head the National Trade Council, an organization within the White House to oversee industrial policy and promote manufacturing. Navarro, a hardcore China hawk, is the author of books such as "Death by China" and "Crouching Tiger: What China’s Militarism Means for the World" has for years warned that the US is engaged in an economic war with China and should adopt a more aggressive stance, a message that the president-elect sold to voters across the US during his campaign.

In the aftermath of Navarro's appointment, many were curious to see what China's reaction would be, and according to the FT, Beijin's response has been nothing short of "shocked." To wit:

The appointment of Peter Navarro, a campaign adviser, to a formal White House post shocked Chinese officials and scholars who had hoped that Mr Trump would tone down his anti-Beijing rhetoric after assuming office.

“Chinese officials had hoped that, as a businessman, Trump would be open to negotiating deals,” said Zhu Ning, a finance professor at Tsinghua University in Beijing. “But they have been surprised by his decision to appoint such a hawk to a key post.”

Shortly after the announcement of Navarro's appointment, the US Office of the Trade Representative yesterday put added more fuel to trade tensions with Chine when it put Alibaba, China’s biggest e-commerce platform, back on its “notorious markets” blacklist of companies accused of being involved in peddling fake goods.

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


TOPICS: Breaking News; Business/Economy; Foreign Affairs
KEYWORDS: alibaba; cabinet; china; foreignpolicy; importtariff; navarro; peternavarro; trump; trumpcabinet; trumptrade; trumptransition
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To: Jarhead9297

Well stated history lesson lest we forget. I truly believe we are simply in the opening salvos of a massive adjustment on trade policies. Imagine if Trump can truly open the chinese market to US made goods? Right now we are not competitive because china in engaging in unfair trade practices. Removing those barriers would be a huge win and is likely the end game here. Your points are spot on though.


101 posted on 12/23/2016 4:40:47 AM PST by Caipirabob (Communists... Socialists... Democrats...Traitors... Who can tell the difference?!?)
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To: Kellis91789

Yes that’s the nrst as you know.

Would also help repatriate cash.


102 posted on 12/23/2016 5:35:45 AM PST by Principled (OMG I'm so tired of all this winning....)
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To: Rockitz

If a 10% import tariff is good economic policy, why not make it 50%? Or 200%?


103 posted on 12/23/2016 5:59:43 AM PST by Oldeconomybuyer (The problem with socialism is that you eventually run out of other people's money.)
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To: dsc

Or getting raped under reasonable, though not great, agreements that we do not bother to enforce.


104 posted on 12/23/2016 6:09:37 AM PST by ichabod1 (Make America Normal Again)
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To: Jarhead9297

You have no idea what you are talking about. You are just repeating what you have been told. Sit down, shut up, listen, and learn something.


105 posted on 12/23/2016 6:11:21 AM PST by ichabod1 (Make America Normal Again)
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To: Rockitz
The corp. I worked for could not sell it's networking gear/server hardware in China. They had to be brought in by a company that we had a 51% stake, re-branded, then sold under that Chinese name. American gear not welcome in China.

So, what's wrong with that picture? A few years ago, my wife and I were on vacation in CO. As we journeyed back to our home, we went through the desert of Southern New Mexico. We were driving, looking down into a valley at a train. We could not see the end of the train...that's how long it was. As far as your eyes could see were double stacked COSCO (Chinese Ocean and Shipping Company) containers traveling from the West coast into America.

Millions upon millions of $$$’s worth of Chinese made goods coming into this country and the Chi-coms routinely block U.S. goods.

This has got to change.

106 posted on 12/23/2016 6:15:13 AM PST by servantboy777
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To: Squantos

Let’s just give them LA.


107 posted on 12/23/2016 6:17:31 AM PST by ichabod1 (Make America Normal Again)
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To: Jarhead9297

You have tunnel vision! You are blaming the collapse of the steel industry on tariffs alone. No mention of UNIONS! No mention of the basket full of Chinese tricks to undermine our industry, which were many and varied, not simply currency manipulation. China did to our steel industry exactly what Japan did to our plywood industry in the ‘50’s. The State of Washington thrived on its forestry and plywood industries. We wound up losing to Japan which bought our wood, shipped it to Japan, turned it into plywood, and shipped it back to the U.S., selling it for cheaper than we could manufacture it here.
You say history proves tariffs are bad. Please tell me what paid America’s bills during the early years and through the Civil War.


108 posted on 12/23/2016 6:37:37 AM PST by Mollypitcher1 (I have not yet begun to fight....John Paul Jones)
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To: nathanbedford

This war will be won by half the nation, those warriors who support Trump. You have been a negative preacher since Trump declared. You see only one side of the coin, and persist.
Please attempt to remember ALL our history as a nation. Only about 1/3 of our people supported the American Revolution. The MAJORITY wanted to remain British Subjects....they wanted to continue in servitude to George III because they were afraid they would lose their “standard of living,” etc. IOW, it was “SAFE,” we were “CERTAIN to lose,” etc. etc. etc. because who were we compared to the greatest Navy and strongest Army in the world? Or so the chicken livers said. Well, as it turned out, Tarleton was defeated by Dan Morgan,a Virginia rifleman, The mighty British navy was soundly whipped by Admiral de Grasse of France at the Battle of the Chesapeake, and there were more Frenchmen at Yorktown than there were Americans, so Cornwallis tried to surrender to Lafayette because Washington was considered common rabble by the Brits. After all, Lafayette was titled gentry, compared to Washington who was simply a “farmer.”
Our history as a nation clearly shows that there is something in America that defies all the reasoned intellect of negative thinkers. It is what is called the American Spirit. Trump has it and he has awakened it in half the nation where it has been dormant through the last decades while we awaited a true LEADER. America will not fail because we will not let it fail. Faith can move mountains and we have faith. The LAST thing to do is to tell the world exactly what we plan to do next. The “people” do not “need to know” so that the entire world knows and can prepare for our attacks against their fortress of the status quo. That is a totally stupid comment.
Sun Tzu said, “All warfare is based on deception.” Was not the success of D Day largely due to the deception of Patton’s ghost army in England positioned and believed by Hitler as going to land at Calais? Was not the landing on Sicily much easier than it would have been had Hitler not believed the deception of The Man Who Never Was? Was not Reagan’s refusing to tell the Press and the world in general what he planned to do at Grenada a key to its success? The Trojan Horse, was in and of itself a deception!
To say that many people will be ‘sacrificed” in the coming war on Chinese imports, is to revert to the “DEFEATISM” which comes from ELITISM when people have no skin in the game.
Trump has half the country with him. That is enough. Those who are not willing to sacrifice a little in order to win the future would do better to be silent and not get in the way of those of us busy reclaiming the REAL America. IOW, No Guts, No Glory!


109 posted on 12/23/2016 7:21:41 AM PST by Mollypitcher1 (I have not yet begun to fight....John Paul Jones)
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To: Jarhead9297

If tariffs don’t work, why does China have them for US imports, jarhead?


110 posted on 12/23/2016 7:27:55 AM PST by servantoftheservant
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To: Mollypitcher1
You neglected the only to admonish us to:

REMEMBER THE ALAMO


111 posted on 12/23/2016 7:29:55 AM PST by nathanbedford (attack, repeat, attack! Bull Halsey)
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To: Ken522

Not only Walmart,
There are smaller local chains all over the US that promarily peddle cheap Asian products.


112 posted on 12/23/2016 7:31:21 AM PST by reviled downesdad (Some of the blind will never believe the Truth.)
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To: Ken522

Not only Walmart,
There are smaller local chains all over the US that promarily peddle cheap Asian products.


113 posted on 12/23/2016 7:31:23 AM PST by reviled downesdad (Some of the blind will never believe the Truth.)
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To: Jarhead9297
Tarrifs won’t solve it. Each time a liberal has created a tarrif its crippled the economy. But hey it’s the cool thing to do. Be wary of nationalist populist policies

Reagan saved Harley Davidson with a tariff on Jap bikes over 700 CCs. Some will argue that HD bikes are still not as good as Suzukis ( the former aren't rice rockets - no denying) , but they are an order of magnitude better than they were in the 80's. Reagan's nationalist populism bought them time to up their game.

114 posted on 12/23/2016 7:40:01 AM PST by Sirius Lee (If Trump loses, America dies)
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To: nathanbedford

Better yet to remember “I fear we have awakened a sleeping giant.”
America is awake. Fasten your seat belts, it’s gonna be a helluva ride.


115 posted on 12/23/2016 7:40:32 AM PST by Mollypitcher1 (I have not yet begun to fight....John Paul Jones)
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To: proust

Wow eye opening!


116 posted on 12/23/2016 7:43:06 AM PST by Behind the Blue Wall
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To: Rockitz

Oh, God!!! We might take our own side!!! NOOOOO!!!!


117 posted on 12/23/2016 7:46:35 AM PST by cdcdawg
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To: ichabod1

“Or getting raped under reasonable, though not great, agreements that we do not bother to enforce.”

That, too.


118 posted on 12/23/2016 7:47:15 AM PST by dsc (Any attempt to move a government to the left is a crime against humanity.)
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To: Rockitz

It is not, nor has it ever been, customary for the President to obtain the approval of hostile foreign powers when he is choosing his staff!


119 posted on 12/23/2016 7:47:38 AM PST by left that other site (You shall know the Truth, and The Truth Shall Set You Free.)
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To: Williams

we have been feeding the Tiger that is going to eat us...


120 posted on 12/23/2016 8:21:54 AM PST by rolling_stone (not this time!)
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