Posted on 09/25/2018 12:29:31 PM PDT by tcrlaf
A day after a bruising round of new tariffs came into effect, China ramped up its criticism of the U.S. in a news conference of six top trade and industry officials, portraying itself as a virtuous defender of global trade and the Trump administration as hurting the global economy.
Hardening China's tone, trade negotiator Wang Shouwen said new U.S. tariffs on $200 billion in Chinese goods were so massive that it made trade talks impossible.
"Now that the United States has adopted such huge restrictive measures, like holding a knife to someone's neck, how can negotiations proceed?" said Wang at a news conference. "It would not be negotiations of equality." Wang said American officials had lacked sincerity and trustworthiness in several previous rounds of trade talks.
(Excerpt) Read more at msn.com ...
Which means the next round is going to hurt them hard. Their retaliation covers pretty much everything we now send to China, but Boeing Airplanes and parts. Their economy grinds to a halt if China tariffs and blocks that.
They have nothing else after that to fight back with, other than funding the Democratic Party attacks on Trump, (Which I bet they already are)
We actually don’t need to talk with you.
It’d be faster and in everyone’s mutual interest
Bit, you enjoy that revolution
I don’t think it’s unreasonable what we’re asking for. Put an immediate end to the joint venture rule for foreign companies to do business in China. Joint ventures are euphemism for we’re going to steal your intellectual property blind. Lower your tariffs for manufacturing goods (e.g. cars), if you really want “fair” trade.
I don’t think we can go as far as to demand an end to subsidies because we use these too.
I AM 'holding a knife to your neck'!
Now give me back my wallet!!!
Little dramatic there from the communists.
How do you say Boo-hoo in Mandarin? When those thieves pay us a few hundred billion dollars back for stealing our technology, we may ease some of those tariffs.
“It would not be negotiations of equality.””
Sucks to lose, get used to it.
Doing business in China should be an automatic disqualifier for any outfit that wants to do business with the US defense department.
The tech transfer that China demands as part of the deal is ruinous for us.
Add 200 billion more and upgrade it to a machete.
Once China starts to bleed a little, they will recognize the wisdom of good faith negotiation.
号泣 (Hàoqì)
If I’m not mistaken, some Leftist wrote an article recently that the US could never win a trade war with China. Uhhhhhhhhhhhhh..............
Not so much.
They’re screwed. They know it. They’re trying to garner sympathy. Hmmmmm .... just like the Dem’s
That’s a rather large country and sizeable population that is going to go thru some legit turmoil, pretty soon.
We really need an economic divorce, and technology embargo on that communist dictatorship anyhow - not negotiations.
They are not going to voluntarily change their ways - they never were. They are not our friends, they are the largest human rights abusers on Earth.
Free China!
10% can become 25%; then 25% can become 50%; then 50% can become 75% and so on.
Keep the faith, President Trump, weve got your back. WE WILL PREVAIL.
Too Fook Ng Bad.
Start cutting. China needs a good recession.
We need a tariff on everything from China. Then when we wish we can increase it or decrease it depending on their actions and our desires. Its like training your pet.
“Thats a rather large country and sizeable population that is going to go thru some legit turmoil, pretty soon.”
2019 is the year that the turd hits the fan over there.
Their positions and statements will likely be increasingly driven by their domestic politics. They are going to have a lot of explaining to do.
They are already scrambling to save face, from getting hit with tariffs that they can not match. On top of the real economic dislocations from losing business due to tariffs, the risk of currency or stock market collapses will increase - both would place a heavy demand on their foreign reserves. Then there is also the risk of their debt bubble bursting.
They could always sell the South China Sea Islands....
The art of the deal - realizing that they need us WAAAAYYY more than we need them...
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