[oceanview]

correct. china has us over a barrel. we won't do anything to them on trade, even if they impose tariffs on what little we export to them, we will not retaliate since most of our retail sector is viable only because of chinese made junk. china will continue to back NK as a nuclear power to check US power in Asia.

china has us over a barrel. the only advice I can give: stop buying chinese made products, even though its very difficult, don't give them a dime where possible.

[taiwansemi]

China has merely replaced Japan, S. Korea, Taiwan, Singapore, etc. as the supplier of the low-cost goods that Americans love. You can characterize this is China's having America over a barrel, but in reality US consumers and America's standard of living have vastly benefitted from access to cheap Asian goods for many decades. Now, because of China, the next generation of Americans can enjoy a higher standard of living too. Every dollar Americans save by purchasing a Chinese-made good is a dollar that can go to some better use, such as your kid's college education or your own retirement. The wage level of Japan, Korea, Taiwan, etc. are too high these days to continue to supply cheap goods to US consumers, but luckily China's almost unlimited supply of cheap labor guarantees US consumers a high standard of living for decades to come.