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When one runs a $375 billion ANNUAL trade surplus with one's largest trading partner, one has no leverage.

None.

Hollow mumblings from China. They will do nothing that will jeopardize their access to this market.

1 posted on 03/04/2018 8:45:40 AM PST by Mariner
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To: Mariner

They get all their money from us. Without it they would be like Venezuela.


2 posted on 03/04/2018 8:47:40 AM PST by Telepathic Intruder
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To: Mariner

“Hollow mumblings from China. They will do nothing that will jeopardize their access to this market.”

I absolutely agree.


3 posted on 03/04/2018 8:48:42 AM PST by neverevergiveup
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To: Mariner

Goody.

Does that mean they will let their currency float?

Market rate Renminbi would have solved a lot of this without tariffs.

But that’s what happens when you cheat. The other players in the game retaliate.


4 posted on 03/04/2018 8:51:06 AM PST by Regulator
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To: All
China does not want a trade war

And why on earth would they? America buys their stuff, where else is there a market like our middle class? Like COSCO & Sams Club, they will now have to pay their fair share in taxes to entice our consumers. Turn about, after all, is fair play.

5 posted on 03/04/2018 8:53:04 AM PST by JonPreston
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To: Mariner
one has no leverage.

China can take fat Kim out.

6 posted on 03/04/2018 8:58:49 AM PST by depressed in 06 (60 in '18.)
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To: Mariner; All
Just one city in China makes 90% of the world’s electronics ,proof:
https://www.weforum.org/agenda/2017/11/inside-shenzhen-china-s-gadget-capital/
China destroyed the U.S. electronics industry .And China is now trying to destroy the U.S. steel and aluminum industries.

A country needs an electronics industry in order to survive

The USA didn't import hardly anything from any foreign country all the way up to 1970. CNN and the news media want you to think we need to “trade” with China so that China can destroy America for them.

7 posted on 03/04/2018 9:02:45 AM PST by rurgan (The Federal reserve r leftists raising rates to hurt Trump.Fed kept rates at 0 for all of obama yrs)
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To: Mariner

> “China says it does not want a trade war with US”

Of course. They’ve had it so good for so long they can’t imagine it changing.

At least they’ll have an excuse to tell their slave labor the US is to blame.


8 posted on 03/04/2018 9:07:53 AM PST by Hostage (nga)
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To: Mariner

Heck no China doesn’t want a trade war. Without our trade their military will collapse and they won’t bw able to buy our progressive politicians.


10 posted on 03/04/2018 9:09:43 AM PST by fella ("As it was before Noah so shall it be again,")
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To: Mariner

Then why does it conduct one???


11 posted on 03/04/2018 9:10:21 AM PST by CodeToad (Dr. Spock was an idiot!)
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To: Mariner

Might help a few businesses to think about “coming home”.


14 posted on 03/04/2018 9:21:21 AM PST by Sacajaweau
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To: Mariner

When did Trump ever say “trade wars are good and easy to win”? Or is Rooters putting words in his mouth, as usual?


15 posted on 03/04/2018 9:22:09 AM PST by Sidebar Moderator
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To: Mariner
China only accounts for a small fraction of U.S. steel imports, its massive industry expansion has helped produce a global glut of steel that has driven down prices.

Which is a violation of WTO rules. Predatory trade practices. China does this by using the North American Free Trade Agreement loophole to ship steel products to the United States. That's why the biggest mistake was bringing China into the WTO and so was NAFTA.

The author of this piece is an economically illiterate

18 posted on 03/04/2018 9:26:17 AM PST by Sidebar Moderator
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To: Mariner

President Xi: “Economically speaking, China is a Lover, not a Fighter!”//


25 posted on 03/04/2018 9:45:41 AM PST by lee martell
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To: Mariner

Of course they don’t want a trade war. Duh 101.


33 posted on 03/04/2018 1:36:11 PM PST by Georgia Girl 2 (The only purpose of a pistol is to fight your way back to the rifle you should never have dropped)
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To: Mariner

Real war?


34 posted on 03/04/2018 1:45:15 PM PST by Secret Agent Man ( Gone Galt; Not averse to Going Bronson.)
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