patrick.net

rdm says

What a fucking idiot, Trump thinks China is paying the tariffs, totally incompetent and a nincompoop to boot. FYI genius, tariffs are paid by the buyer.

Why do you hate American workers?

SunnyvaleCA says

I think China is just stalling and hoping Trump will lose in 2020. Then they can go back to business as usual.

Yes they hold out hope for the Democrat idiots to resume their incompetence shortly. But it’a interesting that Chuck Schumer started backing Trump on this. Maybe he’s tired of being the reason China won’t make a deal.

OccasionalCortex says

SunnyvaleCA says

I think China is just stalling and hoping Trump will lose in 2020. Then they can go back to business as usual.

Yeah, like the open corruption of Joe Biden & Family?

Yes, exactly.

Pliant psychopaths like the Clintons who are willing to sell out the country for emoluments and personal grandiosity are our China preferred politicians.

Ceffer says

Pliant psychopaths like the Clintons who are willing to sell out the country for emoluments and personal grandiosity are our China preferred politicians.

Oh you mean like this: Feb. 14, 2017: After promising as a candidate to recognize Taiwanese independence, Trump reverses course, pledging to Chinese President Xi Jinping that the U.S. will uphold the “One China” policy. Five days later, the Chinese government finally grants Trump a long-sought trademark protection." Fucking Hillary

rdm says

Fucking Hillary

Eww!

Guys, this is a bipartisan policy, not just Trump's. You guys are giving too much credit to Trump. It is amazing China got away with this much for as long as they did, thanks to Obama. Not any more. It won't make any difference if the Democrats would win the next election. I think it is pretty much the general consensus in US to fight China on this. Just don't choose a president who is too liberal.

China is going to have to stop lying, cheating, and spying .. and start getting serious about a trade deal. China's economy and 1 billion citizens depends on it.

Trump is on to their bullshit and ain't going to let them continue rolling the USA like they did with the past 4 Presidents and crooked af congresscunts.

China will soon have the largest market on earth. US companies like Apple will beg to be able to sell there, regardless of cost to them. If they don't, large Chinese competitors will appear, with a larger base, and US companies won't hold to market positions.
Losing position, regardless of tariffs.
China will just steamroll the world now, just based on size.

Heraclitusstudent says

China will soon have the largest market on earth. US companies like Apple will beg to be able to sell there, regardless of cost to them.

You mean China will block the sale of Chinese made iPhones in China?

Heraclitusstudent says

China will soon have the largest market on earth. US companies like Apple will beg to be able to sell there, regardless of cost to them. If they don't, large Chinese competitors will appear, with a larger base, and US companies won't hold to market positions.
Losing position, regardless of tariffs.
China will just steamroll the world now, just based on size.

If they survive the inevitable containment, encirclement, domestic ops and eventual war.

Moves and counter moves.

Trump slaps the Tariffs on China as the Chinese walk away.

https://www.usatoday.com/story/news/politics/2019/05/10/donald-trump-says-trade-talks-china-continue-despite-tariff-hike/1162002001/

Heraclitusstudent says

China will soon have the largest market on earth. US companies like Apple will beg to be able to sell there, regardless of cost to them. If they don't, large Chinese competitors will appear, with a larger base, and US companies won't hold to market positions.

China can't survive without US exports. Something like a quarter of their economy is exports. The US was never such, 5% for most of our history and most of that raw materials like copper and wheat, not finished goods like Radios and Cars. China is the opposite.

This is the most important thing we can be doing for our long term economic health. Wall Street does not want us to go on a diet to reduce our Chinese Import Obesity Blood Pressure, but to keep stuffing our faces and swiping the credit card on Junk Food Imports

This is only bad news if your life revolves around Shitting on Trump.

Tenpoundbass says

bad news if your life revolves around Shitting on Trump.

I thought he was more a golden shower guy...

Nobody says

Guys, this is a bipartisan policy, not just Trump's

Which major Dem leaders have seriously pushed for big fat tariffs on China? Pelosi? Schumer? Harris?

Trump starting an "OMG! Horrible Trade War! Let's keep taking it in the ass instead! Only way forward!" was the major Dem talking point against Trump in 2016.

OccasionalCortex says

THANK you! So many folks on here and in general believe myths otherwise. They thus don't realize that the screams of those impacted by the trade war (soybean farmers, for example) are those of just a narrow special interest group as a percentage of GDP.

Yes Sir! And Globalization has been horrible for the Food Consumer. Beef in particular: Way down in quality, way up in price vs. early 1990s. Pink Slime!

Tough President!

"I haven't decided whether to place more tariffs on the remaining few hundred billion in imports yet."
https://www.cnbc.com/2019/05/13/trump-says-he-will-meet-with-xi-and-putin-at-g20-summit.html

Amplify!

Bwahahahahaha

...completely avoided if you buy from a non-Tariffed Country, or you buy the product inside the USA (the best idea). That’s Zero Tariffs. Many Tariffed companies will be leaving China for Vietnam and other such countries in Asia. That’s why China wants to make a deal so badly!...— Donald J. Trump (@realDonaldTrump) May 13, 2019

He isn't wrong!

60 billion, china is going to run out of things to tariff long before we do they can fuck off. We export 1 billion for every 5 we import, China will loose. Enough with transferring out wealth and technology to China.

RC2006 says

60 billion, china is going to run out of things to tariff long before we do they can fuck off. We export 1 billion for every 5 we import, China will loose.

I don't understand why the Chinese haven't figured this out yet.

https://www.cnbc.com/2019/05/13/williams-sonoma-ceo-says-it-shifted-operations-ahead-of-tariff-hikes.html

Williams-Sonoma CEO says the company saw tariff hikes coming, hired more US workers

Williams-Sonoma shifted some furniture production to Vietnam, Indonesia and the United States after President Donald Trump slapped 10% duties on $200 billion worth of Chinese goods last year.

n December, Williams-Sonoma announced that it would open a facility in Tupelo, Mississippi, in January and add hundreds of jobs to manufacture upholstered furniture. Alber said it’s beneficial to bring jobs back to the United States because “the cost from the freight coming from Asia offsets the costs of the labor,” as the company learned after opening its first Sutter Street Manufacturing unit in North Carolina.

“We looked at opening another unit in Tupelo and then bolstering up our other two West Coast and East Coast manufacturing units,” Alber said. “And so we’re hiring … 500 people, and we’ve got 140 right now in Tupelo. We need to hire more, and we need to hire more on the coasts, as well.”

personal

HonkpilledMaster says

...completely avoided if you buy from a non-Tariffed Country, or you buy the product inside the USA (the best idea). That’s Zero Tariffs. Many Tariffed companies will be leaving China for Vietnam and other such countries in Asia. That’s why China wants to make a deal so badly!...— Donald J. Trump (@realDonaldTrump)

He isn't wrong!

That is true - companies scramble to Vietnam, which is nice since Vietnamese hate Chinese guts, and are very, very friendly to Americans.

Right!

Also, Fentanyl. China is world's top producer of it but claims they have no idea where industrial scale quantities of it are being made, though they have a social credit system and no 4th Amendment whatsoever.

zzyzzx says

RC2006 says

60 billion, china is going to run out of things to tariff long before we do they can fuck off. We export 1 billion for every 5 we import, China will loose.

I don't understand why the Chinese haven't figured this out yet.

They play the long game and know we are ran by a bunch of greedy sellout fucks. They hope Trump looses and they can go back to selling us cheap shit and stealing our tech while watching us collapse.