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China Threatens Trump With "Big Sticks" If He Wages A Trade War
Zero Hedge ^
| 01/05/2017
Posted on 01/05/2017 7:52:49 AM PST by SeekAndFind
In the latest not too subtle threat lobbed by China's official press aimed at Donald Trump, the mainland media warned the President-elect that hell be met with "big sticks" if he tries to ignite a trade war or further strain ties.
"There are flowers around the gate of Chinas Ministry of Commerce, but there are also big sticks hidden inside the door -- they both await Americans," the Communist Partys Global Times newspaper wrote in an editorial Thursday in response to Trumps plans to nominate lawyer Robert Lighthizer, who has criticized Beijings trade practices, as U.S. trade representative.
The latest lashing out at Trump from a state-run outlet, noticed first by Bloomberg, followed others last month aimed at Peter Navarro, a University of California at Irvine economics professor and critic of Chinas trade practices whom Trump last month named to head a newly formed White House National Trade Council. Those picks plus billionaire Wilbur Ross, the nominee for commerce secretary, will form an "iron curtain" of protectionism in Trumps economic and trade team, the paper wrote.
The three share Trumps strong anti-globalization beliefs and seem unlikely to keep building the current trade order, it said, adding that they will be more interested in disrupting the world trade order.
Concurrently, SCMP reported that Chinas state media have lambasted US president-elect Donald Trump for commenting on and conducting foreign policy on Twitter. The state-run news agency Xinhua ran a signed commentary headlined Addiction to Twitter diplomacy is unwise late on Tuesday night.
The article came after Trump fired another salvo at China through Twitter on Tuesday, accusing Beijing of refusing to help contain North Koreas nuclear ambitions.
Trump first questioned in a tweet North Koreas claims that it was in the final stages of testing a ballistic missile capable of reaching American soil. He later tweeted: China has been taking out massive amounts of money & wealth from the US in totally one-sided trade, but wont help with North Korea. Nice!
The Xinhua commentary said Trumps use of Twitter had aroused widespread concern among US politicians and academics.
For now China appears to have fallen off Trump's radar, and instead over the past few days the president-elect has been focusing on the ongoing Russian hacking fiasco as well as slamming "head clown" Chuck Schumer for the mess that is Obamacare.
TOPICS: Breaking News; Business/Economy; Foreign Affairs; News/Current Events
KEYWORDS: china; tariffs; tradewar; trump
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To: central_va
Would you prefer zipperhead? Doubling down on bad behavior is a libtard thing. You're better than that.
61
posted on
01/05/2017 9:52:46 AM PST
by
Windflier
(Pitchforks and torches ripen on the vine. Left too long, they become black rifles.)
To: CodeToad
Dollars for exported goods has propped up the Communist Party for decades. Without our dollars their unemployment would be 40%.
62
posted on
01/05/2017 10:01:59 AM PST
by
Blood of Tyrants
(Conservatives love America for what it is. Liberals hate America for the same reason.)
To: dp0622
“if we count future liabilities, maybe 1000 percent?”
As was mentioned in previous posts, China probably doesn’t suffer from the promises of future payments in exchange for votes today that we have. Our “unfunded mandates” are killing us. Cities, States, and counties are coming up short. The once rock solid Muni bonds are now in jeopardy.
63
posted on
01/05/2017 10:04:52 AM PST
by
CodeToad
(If it weren't for physics and law enforcement, I'd be unstoppable!)
To: Blood of Tyrants
“Dollars for exported goods has propped up the Communist Party for decades. Without our dollars their unemployment would be 40%.”
Not when we only account for %18 of their exports.
China has over 600 million middle class. I HIGHLY doubt that 240 million of them work just to support the US.
64
posted on
01/05/2017 10:06:43 AM PST
by
CodeToad
(If it weren't for physics and law enforcement, I'd be unstoppable!)
To: CodeToad
I know. It’s BAD. We shall see what happens.
No bailouts of states OR the fed in the way of borrowing increases.
No bailout of anyone!!
Who the #### bails me and you out when we’re ####ed?
Family and/or friends may help. Getting any job during any hours until we’re back where we want does too.
Govt doesn’t.
65
posted on
01/05/2017 10:09:03 AM PST
by
dp0622
(The only thing an upper crust conservative hates more than a liberal is a middle class conservative)
To: rb22982
>>>We import 5:1 compared to export to China>>>
Think about that. China has a Population of 1.375 Billion versus our Population of just 330 Million.
Almost five times the Market size yet we can only manage to crack 20% of their Exports to us.
Me thinks the game is rigged or we have all those $.99 Cent Stores to blame. I’m still waiting for a Domestic Company to manufacture the $.99 Cent Sunglasses I buy there.
66
posted on
01/05/2017 10:09:30 AM PST
by
Kickass Conservative
( Democracy, two Wolves and one Sheep deciding what's for Dinner.)
To: Kickass Conservative
Yup - even worse - a lot of our exports to China is just raw material that is finished in China and then shipped back.
67
posted on
01/05/2017 10:29:56 AM PST
by
rb22982
To: ThunderSleeps
Someone in a strong position doesnt have to threaten.Exactly. Have we been lied to by the Administration and the msm, again? Something is up. They might have gotten by with insulting the current guy but they darned well better roll out a double wide, double long nice plush red carpet for Trump. Funny, they complain about Trump going straight to the people with tweets but they're still letting their comments be rewritten by the msm.
68
posted on
01/05/2017 11:01:07 AM PST
by
bgill
(From the CDC site, "We don't know how people are infected with Ebola")
To: SeekAndFind
So the alternative is to make them mad, OR do everything totally to their advantage so they don’t get mad?
Either way we get screwed.
To: SeekAndFind
Well, good for them.
I thought it was China that requested smaller-sized condoms for its people. Hearing that they've improved their health standards speaks well for them.
70
posted on
01/05/2017 1:48:54 PM PST
by
ConservativeMind
("Humane" = "Don't pen up pets or eat meat, but allow infanticides, abortion, and euthanasia.")
To: exit82
We can severely cripple a number of Muslim countries from becoming energy self-sufficient, or even a net exporter of oil. We do the same to China and Mexico with our excise taxes.
71
posted on
01/05/2017 1:53:22 PM PST
by
ConservativeMind
("Humane" = "Don't pen up pets or eat meat, but allow infanticides, abortion, and euthanasia.")
To: SeekAndFind
Watch it China or he will take those sticks away and play “Yankee Doodle” on your britches.
72
posted on
01/05/2017 1:57:15 PM PST
by
Harmless Teddy Bear
(Not a Romantic, not a hero worshiper and stop trying to tug my heartstrings. It tickles! (pink bow))
Comment #73 Removed by Moderator
Comment #74 Removed by Moderator
Comment #75 Removed by Moderator
To: Teacher317
What are your sources, for those percentages?
I think they are far, far, far higher than 9% of our imports.
WAY bigger than that.
76
posted on
01/05/2017 4:25:02 PM PST
by
cba123
( Toi la nguoi My. Toi bay gio o Viet Nam.)
To: rb22982
Probably by proxy-threatening their neighbors, I’d say. And calling in debt, perhaps...?
77
posted on
01/05/2017 5:37:17 PM PST
by
prairiebreeze
(Don't be afraid to see what you see. -- Ronald Reagan)
To: SeekAndFind
78
posted on
01/05/2017 5:46:20 PM PST
by
Brown Deer
(Making America Great Again!)
To: for-q-clinton
So China says dont use twitter for diplomacy. But then uses the press for diplomacy? Well...they're both communist control-freaks.
79
posted on
01/05/2017 6:03:26 PM PST
by
ROCKLOBSTER
(I'm proud to be an American, where at least I know I'm free)
Comment #80 Removed by Moderator
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