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Xi JinPimp going HAM ON US folks
I ddidnt know china bought so kuch from us
We screwed
No facts. This is relevant how?
Xi JinPimp going HAM ON US folks
I ddidnt know china bought so kuch from us
We screwed
Zte was caught trading with Iran earlier
Will Trash allow ZTE to be exempt from Iran sanctions now? Chinese $500M money talks to Trash's golf course
https://www.nytimes.com/2018/08/08/b...ade-china.html
Trump’s Tariffs Are Changing Trade With China. Here Are 2 Emerging Endgames.
---
My guess is that Mexico will end up being a winner here. Shifting industrial production from China at the edges to Mexico. Its proximity and low cost will become a bit more attractive relative to China.
So "your" guess is what the article said. Cool.
China will be even more aggressive developing new markets to replace sales lost to Trash, and the USA will have accomplished nothing worth all the pain Trash is inflicting on US companies and workers.
There's no stopping China, Taiwan, SK and the developed Asian nations.
Trash simpleton has not realized that the USA must learn to coexist with China, etc rather than dominate world markets.
The USA dominant commercial hegemony since WWII is gone. USA's military hegemony continues, and is hated by the planet, with USA polling as the biggest threat to world peace.
[apathy tinged with pity for poster]
Making America Unemployed Again: South Carolina plant announces closure, cites Trump tariffs
From WLTX:
Element TV Company in Winnsboro has served notice to the S.C. Department of Workforce and Employment (SCDEW) that
it will close in October, which will result in the layoff of 126 of its 134 full-time
employees.
The high tech television company said the tariffs are entirely to blame for their closure:
Officials with Element say the layoff and closure are the
"result of the new tariffs that were recently and unexpectedly imposed on many goods imported from China, including the key television components used in our assembly operations in Winnsboro."
Element has long paired its commitment to building state-of-the-art TVs with its belief in building the community it employs.
In 2014, they partnered with Walmart to tout their “assembled in the USA” approach, something that the workers and owners clearly took pride in during this video.
One worker described the company coming to Winnsboro, South Carolina, as a “blessing.”
https://www.dailykos.com/stories/201...-Trump-tariffs
Are sick yet of so much winning?
American Boatbuilders Are the Latest Casualty in Trump's Trade War
The aluminum tariffs are causing boat prices to jump.
A retaliatory European Union tariff of 25 percent is drying up sales overseas, and
Trump's aluminum tariffs just happen to hit the thing that small recreational boats need a lot of: aluminum.Potential boat purchasers may be inured to the notion of chucking money into their new watery hobby, but still:
A typical pontoon might sell for about $30,000, but that could soon rise to as much as $37,000, according to CEO Doug Smoker.
That’s largely because of the rising cost of aluminum, “the No. 1 commodity” that goes into his boats.
(Five years ago, Smoker moved to all-American purchasing wherever feasible, but the company is still getting squeezed, because demand for U.S.-made aluminum surged with the tariffs, pushing prices up.)
Nonetheless, Smoker figured the company was in decent shape — until retaliatory tariffs were imposed by Canada, where more than a quarter of his fishing boats are sold.
He rushed as much inventory as he could north of the border.
But since the levies went into effect July 1, sales there have “dried up.”
a sudden $7,000 increase in the price of a $30,000 boat is something most purchasers are going to notice, and it's very likely that anyone who does need a recreational boat right-the-heck-now will be waiting until someone, somewhere talks some sense into Rich Orange Trade War Guy.
https://www.alternet.org/news-amp-po...umps-trade-war
China paper rebuts trade war criticism, says 'an elephant can't hide'
China’s top newspaper rebutted growing criticism in government circles that Beijing should have taken a lower profile to head off its trade war with the United States, saying on Friday that,
like an elephant, China cannot hide its size and strength.
it was absolutely not the case that China brought this upon itself, the commentary said.
History showed that the United States had always gone after countries,
such as the former Soviet Union, Britain or Japan,
that were perceived as threatening its global dominance.
That had brought China into the firing line with its enormous and growing economy, the People’s Daily said.
“After more than a century of hard work, China has returned to the center of the world stage,
and this is the basic fact we must observe in the China-U.S. trade friction,” the paper wrote.
“Such a large size, such a heavy thing, can’t be hidden by ‘being low key’, just like
an elephant can’t hide behind a sapling,” it said.
The People’s Daily said
Beijing was emerging as an “unprecedented opponent” for the United States.
“No matter what China does, in the eyes of the United States,
China’s development has already ‘damaged the supremacy of the United States’,”
“Against this kind of ‘opponent’, the United States must adopt two methods -
first, use the opponent to encourage itself and exhort mass political support for ‘making America great again’, and
second, curb the opponent’s supremacy at every level,”
https://www.reuters.com/article/us-u...2F+Top+News%29
Chinese state media accuse U.S. of 'mobster mentality', vow to fight tariffs
Chinese state media on Thursday accused the United States of a “mobster mentality” in its move to implement additional tariffs on Chinese goods, and
warned Beijing had all the necessary means to fight back.
https://www.reuters.com/article/us-china-trade-usa/china-paper-rebuts-trade-war-criticism-says-an-elephant-cant-hide-idUSKBN1KV01X?feedType=RSS&feedName=topNews&utm_so urce=feedburner&utm_medium=feed&utm_campaign=Feed% 3A+reuters%2FtopNews+%28News+%2F+US+%2F+Top+News%2 9
Soybeans are stranded at sea in the US-China trade war
the ship arrived 30 minutes too late to the port of Dalian, and has been sailing in circles ever since.
The 299-metre bulk carrier is carrying 70,000 tons of soybeans, worth about $20 million.
Michael Magdovitz, an analyst at Rabobank, told The Guardian that
Pegasus’ soybeans aren’t the only ones adrift;
another carrier named Star Jennifer has also been waiting for a fortnight.
https://qz.com/1352797/soybeans-are-...ina-trade-war/
Soybean exports are 97% of what they were last year so far.
About what one would expect from any frontloading meant to get in before the tariffs.
Big test will be YOY next year.
China going to break?
China's communist leaders reportedly starting to buckle under pressure of Trump's trade war
"The cracks within the party come as China's stock markets and currency have slumped and the government has struggled to shore up the economy to cushion the impact of the trade war."
https://www.businessinsider.com/chin...ade-war-2018-8
China wont fold, wont be bullied, would destroy their credibility and independence
their currency down means their exports are even more compe ive
China's impending economic doom has been a continual rumor in this forum for ten years I've been in it.
A stopped watch at least is correct twice a day. But you could be right.
China at 79%. Almost every other country significantly well over last year's.
Doubt it.
China will absolutely not want to lose face over this. Looking weak when they have been stirring nationalism is not their M.O. There is more than a little history at play, in which China has felt itself bullied or taken advantage of by "colonial powers".
.
Trump backs boycott of Harley Davidson in steel tariff dispute
President Donald Trump backed boycotting American motorcycle manufacturer Harley Davidson Inc (HOG.N) on Sunday,
Trump has criticized Harley Davidson, calling for higher, targeted taxes and threatening to lure foreign producers to the United States to increase compe ion.
“Many @harleydavidson owners plan to boycott the company if manufacturing moves overseas. Great! Most other companies are coming in our direction, including Harley compe ors. A really bad move! U.S. will soon have a level playing field, or better,”
Harley has forecast that the EU tariffs would cost the company about $30 million to $45 million for the remainder of 2018 and $90 million to $100 million on a full-year basis.
https://www.rawstory.com/2018/08/tru...ariff-dispute/
Trash has split Bikers-for-Trash over his ing over H-D.
First load of beans with tariffs paid. Oops.
https://af.reuters.com/article/commo.../idAFL4N1V43DH
Oops.
Apparently Cooler Girl didn't read past the lede.
This is unlikely to be the start of a trend while China, the world’s top importer, can source alternative supplies from exporters such as Brazil, analysts said. Domestic stockpiles are 8.21 million tonnes, close to their highest on records.
“Peak Pegasus is just an extreme case since it failed to make the deadline. Sinograin had to pay for the lesson,” said Tian Hao, analyst from First Futures. “But for other buyers, they have turned to other sources such as Brazil.”
Not sure where I stated it's the start of something big. Clearly someone was so blinded by politics that they never understood the Oops. Can you explain where the hurt got you?
I see you kicking up dust
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