America fart fires in China's general direction.
Maybe there will be an agreement reached afterall. We hope.
Maybe, unlike the Dems, they are smart enough to know when doubling down on losing propositions is not productive....or sane.
The Chinese are almost out of options. About the only card they have left to play is all those T Bills they’re holding. And they’ve been disposing of those steadily over the last few years. Or so I understand.
President Trump holds almost all the cards here. They’re looking for a way to cry Uncle that still saves them face.
L
They know an escalation would cause companies to relocate to other countries.
I’m sure I am missing something but it looks to me like we have the market they need. Doesn’t look to me like they have anything we need. That being the case Trump has all the leverage and all they have is a bad mood.
They know that they have far more to lose than we do; despite the media and left’s hand-wringing.
Chinese Communist Party leadership is a massive bureaucracy filled with factions and infighting.
No one will dare speak publicly at this immediate point, particularly on issues regarding the USA (grade A, tier 1 in their organizational and responsibility chart) so they will all gather, view who is on what side of the issue, and collectively decide their public strategy.
I don’t believe no response is purposeful, its just how their massive, plodding ruling bureaucracy works.
I really like Lighthizer.
America fart fires in China's general direction.
Maybe China will figure out there’s a new sheriff in town and his name is Donald.
China has already levied a tariff on most of our paltry 170 billion in exports to them. Since when is being out of bullets the equivalent of holding fire. We have yet to bring out the howitzers of laying tariffs on the other 350 billion of their imports and causing a rush of manufacturers producing there either back home or friendlier nations without a tariff to create an China syndrome economic implosion
China has already placed retaliatory tariffs on close to all US imports - they are just out of ammo to respond in kind.
Their previous “retaliatory” tariffs have generally been less than 25% though, because it is mostly stuff that they need/want - like components for products they export.
The great bulk of American products that do not serve their competitive, mercantilist interest, were long ago tariffed or otherwise barred from their markets. The USA is just getting around to responding to their decades of unfair trade.
These tariffs are going to hurt their economy pretty badly. The next round would be much worse. They are wounded.
They could get dangerous, looking for other ways to retaliate - but that might result in triggering that last big round of tariffs.
No wonder they are hesitating - they have no good options.
the dying lying leftist fake stream enemedia was reporting yesterday that the Chinese had already retaliated with tariff increases of their own and the stock market was crashing ...
WHo wants an agreement? Keep the tariffs!!!!!
*BLINK*
we had a deal
They broke it and wanted to ‘renegotiate’ after the fact
Right now I am i China. English languages news says Trump must cave to China or the US economy will tank and Trump will loose the 2020 election.
All intelligent Chinese understand the huge tariffs China places on US goods. They understand the rapid pace of Chinese factories moved to other countries for lower labor costs. They understand that China imports much of its food from other countries and that if the Chinese economy falters there will be political hell to pay.
It is clear over here that they miscalculated how far they can push Trump.
It’s a sign that they realize that, if they get in a pissing contest with Trump, they will drown.
What fire? The shot their load and already tariffed our exports to death. They have no ammo!!!!