Better to get it over with sooner than later.
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China is ready for a trade war with the US — and it could hurt Americans
- Thread starter KenH
- Start date
What does "get it over with" mean? Trump says winning trade wars is easy, which shows just how much he doesn't know.
The fact is that everything is on China's side in the long run. It has four times the United States' population and its economy is growing much faster. It's only a matter of time before China is the world's largest economy even though per capita income will still lag.
Xi is the latest incarnation of the emperor of China, just as Putin is the new Tsar. Xi can make plans for the next 20 years without wondering if he can carry out his vision. Trump, given the job of Leader of the Western World and Most Powerful Man in the World, is doing everything he can to diminish his importance. Whoever takes over from Trump will find that he is neither of those things because Trump only wants toadies and not allies and is willing to tear down an international order nourished by the United States for 70 years to encourage free trade and democracy and consensus.
Trump likes none of those things.
The fact is that everything is on China's side in the long run. It has four times the United States' population and its economy is growing much faster. It's only a matter of time before China is the world's largest economy even though per capita income will still lag.
Xi is the latest incarnation of the emperor of China, just as Putin is the new Tsar. Xi can make plans for the next 20 years without wondering if he can carry out his vision. Trump, given the job of Leader of the Western World and Most Powerful Man in the World, is doing everything he can to diminish his importance. Whoever takes over from Trump will find that he is neither of those things because Trump only wants toadies and not allies and is willing to tear down an international order nourished by the United States for 70 years to encourage free trade and democracy and consensus.
Trump likes none of those things.
Steven Mosher: ‘The Swamp Is Going Crazy Over This Idea We’re in a Trade War With China’
Steven Mosher, president of the Population Research Institute and author of Bully of Asia: Why China’s Dream is the New Threat to World Order, talked about China’s long-running trade war against the United States with SiriusXM hosts Rebecca Mansour and Frances Martel on Friday’s Breitbart News Tonight.
“The Swamp is going crazy over this idea that we’re in a trade war with China,” Mosher said from his vantage point in Washington, DC.
He advised the Washington establishment to accept “the fact that China has been in a trade war with us for over a quarter century.”
“They’re just waking up to the fact that China has been taking advantage of us because Trump has called attention to it, and Trump wants it to stop,” he said. “That’s not Trump starting a trade war. That’s Trump starting to end, I think, the trade war that China has been carrying on against us for 25 years, and it’s about time, because the sand is running through the hourglass.”
Mosher noted that China has much more at stake in an economic conflict with the United States, as the U.S. sells $130 billion in goods annually, while China sells the U.S. about $505 billion.
Steven Mosher, president of the Population Research Institute and author of Bully of Asia: Why China’s Dream is the New Threat to World Order, talked about China’s long-running trade war against the United States with SiriusXM hosts Rebecca Mansour and Frances Martel on Friday’s Breitbart News Tonight.
“The Swamp is going crazy over this idea that we’re in a trade war with China,” Mosher said from his vantage point in Washington, DC.
He advised the Washington establishment to accept “the fact that China has been in a trade war with us for over a quarter century.”
“They’re just waking up to the fact that China has been taking advantage of us because Trump has called attention to it, and Trump wants it to stop,” he said. “That’s not Trump starting a trade war. That’s Trump starting to end, I think, the trade war that China has been carrying on against us for 25 years, and it’s about time, because the sand is running through the hourglass.”
Mosher noted that China has much more at stake in an economic conflict with the United States, as the U.S. sells $130 billion in goods annually, while China sells the U.S. about $505 billion.
OK it's a trade war.
There is pain in war.
It wont last beyond Christmas when China receives billions from us buying, buying, buying. "Made in China" Sound familiar?
China will not shoot the goose that lays the golden eggs,
A deal is forthcoming.
Unless of course WWIII begins or the Lord comes for His own.
There is pain in war.
It wont last beyond Christmas when China receives billions from us buying, buying, buying. "Made in China" Sound familiar?
China will not shoot the goose that lays the golden eggs,
A deal is forthcoming.
Unless of course WWIII begins or the Lord comes for His own.
Its called Trump Derangement Syndrome - it is caused by a severe and over blown hatred of Trump. It leads to irrational thinking, failure to see reality, reactionary comments based on nothing.
So when we send a car to be sold to china they charge a 25% tariff. When they send a car to be sold to the US we charge a 2.5% tariff. Trump wants to event that out. How will that bring the US to its knees?
Saved-By-Grace
Well-Known Member
I know what you are saying. But the fact is that Trump's way of going about this is gun-ho, and he is more interested in winning a trade war, than sorting this imbalance out. It is like his confrontations with North Korea, and Russia. the UK and US have very cheap goods, because they are made in countries like China, India, etc
Uh NK is coming to the table to talk about getting rid of Nukes. How do you know what his motives are? I think he is interested in what is best for the country. How can you tell that his motives are any different?
Saved-By-Grace
Well-Known Member
you really think that NK is serious? It desperately needs to have the tough sanctions reduced or removed, so they are playing games. NK, like Iran, cannot be trusted. Trump is playing to his supporters. The fact that he, like here in the UK, has been too quick to judge Russia on the poisoning of the spies in the UK, without any hard evidence; and again in his blaming Russia for the chemical attack in Syria, with no evidence to support. Trump will be the looser on China, Russia, NK and even Iran and the nukes.
Naa he wont.
Saved-By-Grace
Well-Known Member
one must hope, and I surely hope that DT is right.
Anthony Pritchard
New Member
We have been in a trade war with China for the last 25 years, on the losing side of it too.
GM sells more cars in China than they do in the US. How much can the tariffs hurt? Chinese cars are garbage so Chinese citizens with money save up and buy American made cars.
The Chinese strategy is to put on 25% tariffs but reduce them if the car is assembled in China. This allows Chinese industrial spies to learn US manufacturing methods. I'm all for Trump trying to renegotiate these sorts of domestic production agreements, but I wish he would do it privately and not roil the stock market.
Yeah, our economy is in shambles-record high unemployment, right? Stock market languishing, right? Standard of living plummeting, etc. etc. Yep, we're hurtin' for certain.
Saved-By-Grace
Well-Known Member
the trade war has not even begun yet, when it does the US will indeed suffer greatly
Saved-By-Grace
Well-Known Member
that is because he is an arrogant FOOL!