Posted on 09/07/2019 9:19:33 AM PDT by PJ-Comix
What a difference two weeks makes.
Two Fridays ago, pundits seemed to be beside themselves over what was the latest flare up in the U.S.-China trade war. President Trump raised tariffs in retaliation for China’s retaliatory tariffs, he called Fed Chairman Jerome Powell an “enemy,” and the Dow plummeted 623 points while the Nasdaq closed 3% lower.
Now it seems like trade deal optimism is back in the air. New formal talks between the U.S. and China have been announced for next month, and there are even high-level Chinese sources suggesting a breakthrough could occur at those meetings.
(Excerpt) Read more at cnbc.com ...
They think there should be a totally seperate set of rules China can adhere to, with the rest of the world following another.
It’s the mentality of a dedicated scammer:
And that’s exactly what China is.
The big DOMESTIC take that many Conservatives have to get from this is that moving to depend on fewer imports from China is going to move jobs back to the U.S. far, very far less than it is going to move companies jobs from production in China to production elsewhere but not so much back to the U.S.
Bend the knee China. Bend the knee.
MAGA
More winning.
Not tired of it yet.
US manufacturers getting out of China. Google out by the beginning of next year. 50 others also moving out.
Trump to win in 2020.
That depends entirely (not in part) on what we do with energy.
I’ve said or some time, even if those jobs do not come back to America, even if they go to Vietnam and Costa Rica and Bangladesh and Peru and lots of other countries, I would support the tariffs for that reason alone. China intends to displace America first in the Asia/Pacific region and ultimately the world. It is a dangerous aggressive authoritarian state. Its INSANE for us to help finance the rise of a rival power like we have been.
This article could have been written six months ago. No CEO worth his salt with extensive holdings in China itself would have been sitting on his duff. The smart guys know that Trump means business, and when it comes to trade with China he is holding the high cards. I think the Chinese were taken by surprise that there was still an American politician with guts.
“Decoupling is best understood as a national security benefit, as opposed to an economic stimulus.”
“In the end, simply looking out for U.S. security concerns above immediate economic benefits might have been the point of this trade war all along.”
Trump is not a politician, yet he is a political genius.
Trump is not some genius trade expert or some genius national security expert.
He’s just a GENIUS.
Trust Trump, everything is not always as it appears to be, at first. Sometimes you have to wait awhile to see the big picture.
The USA’s trade issues with China are not a game that has to be won or lost in a set period of time.
Trump simply made public recognition of the fact that China is a highly centrally-planned economy, and by extension, it highly manipulates and plans its foreign trade for its own strategic advantage. Americans think trade with China is “free” while Chinese have exactly the opposite view. It is a political/strategic tool. China and the USA’s philosophical basis behind our trade are completely different.
So we may NEVER have a “trade deal” with China. and if not, that’s OK.
“The big DOMESTIC take that many Conservatives have to get from this is that moving to depend on fewer imports from China is going to move jobs back to the U.S. far, very far less than it is going to move companies jobs from production in China to production elsewhere but not so much back to the U.S.”
Let not your heart be troubled. Once the ChiComs have been defeated in the trade war then America can slowly raise tariffs on everybody until enough manufacturing comes back to the US.
“Let not your heart be troubled. Once the ChiComs have been defeated in the trade war then America can slowly raise tariffs on everybody until enough manufacturing comes back to the US.”
No matter what, under Trump or otherwise, America is not going on a tariff war with the world, for just as with China, it will not significantly move jobs back to the U.S.
As jobs move from China to country X, the U.S. is not going to start a tariff offensive against country X. Ain’t gonna happen.
I’ll believe it when I see it.I think China is playing the same old game of running out the clock,hoping President Trump loses this coming election.
Given the timing of the change in tone, it seems more likely that what’s making the difference is a realization on both sides that there’s another way this trade war could end – and that possible ending is one the U.S. is very unlikely to lose.
In other words, Trump had nothing to do with China's realization that the United States is not giving in as usual, and that waiting it out is not a viable solution It was all China's doing to take the lead in finding a new way.
Trump didn't build that... somebody else made that happen.
-PJ
If enough people would leave Chinese made substandard junk on Walmart’s shelves and look for American made products the large companies and Walmart would soon get the idea
The Federal government sent consumer goods overseas...because they raised taxes so high in the 1990’s middle America could not afford american made products... getting cheap products was like a tax cut..Unions did not help either..
Is there a reason why the USA would not put tariffs on the other country’s that got the jobs that China lost..I’m sure as of now. President Trump is showing the rest of the world that the USA in not going to be taking advantage of on his watch .Our President is making and working on fair trade deals with the rest of the world and he’s not going to let all the jobs China lost to outher countries and let them sale them sale there product in our market for free ..Free trade deals mean free not any country dumping cheap product into out market and if we sale the same country products they tax us that’s not free over half the country still thinks we have free trade with the world it’s just another leftest talking point that people that can’t do math belive.
There are quotas for Chinese imports and they use intermediaries to peddle their goods to evade quotas.
What you’re trying to shoehorn is that China will now move their production lines to these intermediaries.
Ain’t gonna happen unless China controls those lines and to do that the gangster regime in Peking will need to bring Sri Lanka, Malaysia, Jakarta and all those Nancy boys in Diego Garcia to heel.
Ain’t gonna happen.
PRC is screwed and they know it. They just can’t show it because then they would blow it and then have to eat it.
Walmart, Kmart, Traitormart and all the rest will try to set up shop in bumfrick Asia somewhere but ...
but they will be a cowering for that ominous moment when the Trump happens.
Given China’s record on intellectual property theft and other problems, I can’t imagine why anybody thinks that any American should use a cell phone made in China. That is especially true for employees and contractors of the USA government. “I have always depended on the kindness of strangers” is a line in a play, not a security policy.
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