Wrongo
Trump Announces 10% Tariffs on 300 Billion!
- Thread starter Stockolio
- Start date
Agree...if by some odd chances the markets start selling off hard like they did in November/December 2018 and credit markets tighten he will lift all tariffs at once. I'm telling you China has the upper hand and will take this out as long as it goes. All that garbage talk about a deal was just political lies as usual. There is no deal and won't be a deal. China is playing it very cool and has no worries about the additional tariffs Trump placed on them today. If anything these tariffs are going to sting the US more than China.
I believe China would have blinked by now....they haven't bought our agricultural goodies yet like they say they were going to. That has gotten trump very upset.
Xi has systemic financial and civil unrest risks should the global economy go into a deep recession. Although Trump will be gone, if his replacement has an IQ above 50 and game, that person would realize what a weak negotiating position China would be in and negotiate accordingly. The US is well advised to come out of the trade wars with some European and maybe South American friends.
Yea but they fixin to go down. Mr T is tightening down the screws. China has not yet felt the consequences but they best make haste and get ready.
https://apnews.com/db7498ba01374d01b2b672dd300f9097
Trump: China wants to delay trade talks past 2020 election
Moments after suggesting that Beijing wanted to wait him out, Trump seemed to contradict himself by contending that “China is dying to make deal with me,” before adding, “but whether or not I’ll do it, it’s up to me. It’s not up to them. ”
Trump: China wants to delay trade talks past 2020 election
Moments after suggesting that Beijing wanted to wait him out, Trump seemed to contradict himself by contending that “China is dying to make deal with me,” before adding, “but whether or not I’ll do it, it’s up to me. It’s not up to them. ”
Wrong. China is fixin to pee pee tea. ROFLMAO
The US is in a much more advantage position.
- yes it is easy to win for the side running a deficit... always easier to find a vendor than a customer... supply chain can be replaced, just takes time... but markets cannot... China does not have enough internal demand.
- even though the Dems are fighting tooth and nail against Trump on almost everything, have you noticed they are very quiet on the China issue... and Trump seems to have unrestricted power in putting tariff on/off with the stroke of pen (touch screen lol)... while on the other hand you can feel the internal conflict on the China side.. back in May Liu He already agreed to a deal then got canceled... and this time China agreed to buy Agro and canceled again... seems Xi wants to make a deal, but the hawks don't want him to... Xi's hands look more tied up and can't reach an internal agreement.
- yes it is easy to win for the side running a deficit... always easier to find a vendor than a customer... supply chain can be replaced, just takes time... but markets cannot... China does not have enough internal demand.
- even though the Dems are fighting tooth and nail against Trump on almost everything, have you noticed they are very quiet on the China issue... and Trump seems to have unrestricted power in putting tariff on/off with the stroke of pen (touch screen lol)... while on the other hand you can feel the internal conflict on the China side.. back in May Liu He already agreed to a deal then got canceled... and this time China agreed to buy Agro and canceled again... seems Xi wants to make a deal, but the hawks don't want him to... Xi's hands look more tied up and can't reach an internal agreement.
Based on the debates the last two days, perhaps one of the front runners like Warren, Harris, Sanders will be elected. Then, a Democrat President will zero out the tariff on Chinese imports to lower the cost of living, increase minimum wages to $20 an hour, open up the US/Mexican boarder for anyone who wants to come to the US, free healthcare for all including immigrants, welfare to all needy including immigrants. All pay for by imposing a 90% income tax on the top 10% and a 50% corporate tax rate. I almost forgot, put a tax on trading, which should raise billions.
Xi is President for life, Trump, 1 more year or max 5 more years. Xi can wait him out.