American companies are hereby ordered to immediately start looking for an alternative to China,

[bbpp]

It is not only buying cheap things for American people.
When American people buy expensive things from sellers other than China,they will have less disposable income to buy things like iphone, cars, etc. So American companies will have less demand for their products, while they would pay higher wage since their employees need more money to buy the same amount of things.
At the same time, China people will also buy less things from these American companies since they are hit by tariff, with less income.So the situation is a lose-lose game for both countries.
Trade is always a mutual benefit thing, but trump now turn it into lose-lose game.

 

[Overnight]

It is not only buying cheap things for American people.
When American people buy expensive things from sellers other than China,they will have less disposable income to buy things like iphone, cars, etc. So American companies will have less demand for their products, while they would pay higher wage since their employees need more money to buy the same amount of things.
At the same time, China people will also buy less things from these American companies since they are hit by tariff.So the situation is a lose-lose game for both countries.

Yes. Someone here is finally getting it, albeit, slowly. No offense on that remark, but you do not strike me as an American consumer. But at least you understand the problem.

You can FEEL it and hear it in this song.

 

[Edmond]

Are you sure about that? I suspect there's massive insider trading going on and incredible fortunes are being made. Imagine you could get Trump's tweets a day early...

He probably has a guy trading for him a day prior to his tweets.

 

[Overnight]

He probably has a guy trading for him a day prior to his tweets.

I can swear I read somewhere like a year ago that Trump does have a person who composes Tweets for him, and then works the Twit machine. Like dictation. Trump dictates what he wants on the feed, and that person then does the typing and send.

 

[smallfil]

The biggest lobbyist (BY A LOT) in America disagrees with Trump.
What does that tell you?

That President Donald Trump is working for the interests of majority of Americans? I understand the American Chamber of Commerce support their companies out to exploit American workers for the biggest profits to their members but, is everyone too dumb not to figure out the economic toll of one sided trade with China? In addition to the loss of good US jobs to outsourcing, doesn't the $22 trillion deficit worry anyone? The only way you reduce that is if you sign fair trade deals with China and other countries. How soon people forget that before NAFTA, the US had bilateral trade deals with other countries. Say, Japan exports $100 billion in goods to the US, they should be ready to buy US imports equal to $100 billion US goods in turn. Now, that is a real win-win for both countries.

 

[Overnight]

I was curious about what smalfil was typing about. I went anon and saw it.

"How soon people forget that before NAFTA, the US had bilateral trade deals with other countries. Say, Japan exports $100 billion in goods to the US, they should be ready to buy US imports equal to $100 billion US goods in turn. Now, that is a real win-win for both countries."

I am glad he still has me on ignore.

 

[smallfil]

It is not only buying cheap things for American people.
When American people buy expensive things from sellers other than China,they will have less disposable income to buy things like iphone, cars, etc. So American companies will have less demand for their products, while they would pay higher wage since their employees need more money to buy the same amount of things. At the same time, China people will also buy less things from these American companies since they are hit by tariff, with less income.So the situation is a lose-lose game for both countries.
Trade is always a mutual benefit thing, but trump now turn it into lose-lose game.

What you ignore is China buys a mere $100 billion in US goods while, selling to the US $500 billion in Chinese goods. Asking the Chinese to sign a fair trade deal where they buy $500 billion in US goods will benefit Americans with more jobs, higher incomes, companies earning more monies for their shareholders, etc. Right now, it is a China wins, US loses but, you are blind to your bias not to even see that? A win-win situation is China exporting $500 billion to the US and also, buying $500 billion in US goods! Asking them to do that as well as respect trade secrets and copyright laws is not asking for too much! It is called fair trade. They can either sign that fair trade deal that benefits both countries or the US can buy the goods it needs from other countries. Other countries can sign fair trade deals with the US seeing the benefits to both countries! So, if we lose trade with the Chinese, we can have fair trade deals with Vietnam, Thailand, India, etc. China will be on the outside looking in!

 

[volpri]

What you ignore is China buys a mere $100 billion in US goods while, selling to the US $500 billion in Chinese goods. Asking the Chinese to sign a fair trade deal where they buy $500 billion in US goods will benefit Americans with more jobs, higher incomes, companies earning more monies for their shareholders, etc. Right now, it is a China wins, US loses but, you are blind to your bias not to even see that? A win-win situation is China exporting $500 billion to the US and also, buying $500 billion in US goods! Asking them to do that as well as respect trade secrets and copyright laws is not asking for too much! It is called fair trade. They can either sign that fair trade deal that benefits both countries or the US can buy the goods it needs from other countries. Other countries can sign fair trade deals with the US seeing the benefits to both countries! So, if we lose trade with the Chinese, we can have fair trade deals with Vietnam, Thailand, India, etc. China will be on the outside looking in!

BINGO! China will blink. They cannot afford not to.

 

[Overnight]

I looked one more time at the smalfil posts. I see that he does not get it.

He is forgetting one very important point...

America wants to buy cheep shit, not expensive shit.

"Fair trade". Folks, the trade is fair if we agree to the trade. And we have been craving the cheep shit for decades. America cannot produce it cheaply, but China can. So what is the problem? Overnight for WH trade rep, 2020.

 

[LacesOut]

I looked one more time at the smalfil posts. I see that he does not get it.

He is forgetting one very important point...

America wants to buy cheep shit, not expensive shit.

"Fair trade". Folks, the trade is fair if we agree to the trade. And we have been craving the cheep shit for decades. America cannot produce it cheaply, but China can. So what is the problem? Overnight for WH trade rep, 2020.

America doesn’t want to buy cheap shit.
They want to buy good shit that doesn’t cost much.
China doesn’t have a monopoly on producing cheap shit. Vietnam, Indo, India...they are all in the game.
I’m happy to pay a little more, or buy a little less, if it means China won’t undermine basic trading rules.