Posted on 03/02/2019 4:08:07 AM PST by cba123
It is beginning to look like US President Donald Trump will yield to the Chinese in America’s trade conflict with China. The US threatened to increase tariffs on imports from China from to 25 percent from 10 percent today if no agreement was reached. However, Trump recently said that the date is flexible and might be postponed because of the progress being made in the ongoing bilateral talks.
Fair enough, but progress is in the eyes of the beholder. The most important problem that needs to be resolved is not America’s massive bilateral trade deficit with China. It is that the Chinese are stealing US firms’ technology and using it to help Chinese companies compete with those same firms in China and around the world.
(Please see the link, for full article)
(Excerpt) Read more at taipeitimes.com ...
It is a very significant ussue in my view, which our entire leadership has been AWOL on, for the entire last generation and a half.
Selling out American production, to a significant foreign competitor.
That in and of itself, is a huge consideration, and America needs to stop that.
For real.
Trump, stand up for America.
This is why you were elected. For real.
Stop playing patty-cakes.
Enough.
President Trump, this is why you are the President now.
This is the issue. Right here.
Everybody so far has forgotten to read his book or remembers how he has been negotiating with Kim and others. Trump will start with a position, see if the other side will negotiate, then if they start to harden their position, will look like he his compromising, then when they start to soften he pushes back to his original goals or close to them.
This is just his negotiating tactics.
Deal making...this one a complex deal with lots of moving parts. I understand China is not in a very good place today, economically.
Nonsense.
China just set the biggest trade surplus, which any country, has ever set, with any other country.
With America.
In the year, just ended.
China is passing America, financially, and in manufacturing.
Right now.
The article asserts that a reduction in the trade deficit with China won’t reduce our overall trade deficit bc the US consumes more than it produces.
That position seems to neglect both the increase in US manufacturing/production and the certainty of tariffs (which would foster more manufacturing and production growth.)
I have no idea how to stop the theft of intellectual property. But i hope tariffs are part of it.
As I recall, it involves thousands and thousands of hi-rise housing units sitting empty.
The Unreal, Eerie Emptiness of China's 'Ghost Cities' | WIRED www.wired.com/2016/02/kai-caemmerer-unborn-cities
WIRED’s biggest stories delivered to your inbox. submit. Author: ... Kangbashi is one of hundreds of sparkling new cities sitting relatively empty throughout China, built by a government eager ... China Has a Crazy Number of Ghost Cities | China Uncensored www.youtube.com/watch?v=vZdBeczDLpA
Empty apartments, up for grabs! Just kidding. They’re empty, but even the owners don’t want to live there. There are millions of empty apartments in cities across China.
It is that the Chinese are stealing US firms’ technology and using it to help Chinese companies compete with those same firms in China and around the world.
Do the Chinese really, steal US firms’ technology, to help Chinese companies, or, do they buy up American companies because so many could care less who they sell to and with those sales, get access to the technology? Yes, they have stolen technology or have been able to reverse engineer things, but when you have someone like clinton, giving them the technology, you can’t accuse them of theft all the time.
All their stuff is crap. But we’ve become accustomed to buying their crap, knowing that we’ll have to replace it in a few years because we know it’s so cheap.
Interestingly, this article states that the President will cave. Time will tell. But, there are lots of reports saying that China is hurting and hurting bad. While we may consume a lot, they HAVE to produce a lot. And right now, they’re production is slowing down. Not knowing the political slant of the Taipei Times, I’d still be a bit leery of what they’re talking about, just as if CNN or WaPo had posted this story.
What I thing would help immensely is, stopping their ability to make these “predatory loans” to all these 3rd world governments that are sitting on oil and all sorts of other commodities, minerals, etc. The Chinese make these loans knowing that the folks in government will steal most of it, not pay it back and then let the Chinese come in and take everything.
If Trump caves on tariffs he is f-ing up bigly. NOT WINNING.
He is wading through complicated waters fighting for America and God Bless him, fighting fringe Americans at the same time....a classless bunch of silly socialists want him impeached for little more than following the laws of our Constitution and our country.
Never forget what this foul mouthed agitator called President Trump:
I do see the tie between economic fairness and security and the NORK threat. We have to give up tariffs for that? Screw that. MORE IMPORT TARIFFS AND HIGHER PLEASE.
There is nothing complicated here. Just raise the tariffs and let the gooks make the next move.
China is not slowing.
They just set the world’s, history’s single largest trade surplus in all of human HISTORY.
With America.
In the year, just ended.
Please provide a current citation
It is my understanding that in the pearl river delta area there has been very large population shift that eliminated the housing surplus in at least parts of that area.
(Ouch)
I really, really appreciate your posts, a lot.
But really? Maybe I am too aware, having lived in China. But must we, really, use that word?
Without citing specific examples the conclusion offered is simply speculation.
Will this cave-in to China be before or after President Trump caves in to NK? /s
Sep 19, 2018 ... Martin Feldstein the Harvard economist has recently expressed concerns that the economy could experience a $10 trillion collapse. i
Marty, the sky is falling, Feldstein: one of the Democrats favorite economists.
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