gwydion

9secondkox2 said:

I don’t know where you get “90” from.m his post.  But some have publicly stated so and some have made the trip to meet the president in person to cut a deal. You’ve got China, tje eu, and Canada adding even more tariffs onto their already present tariffs. These three have already been mentioned by the president as problems before the tariffs were implemented. So no surprise there. 

Canada doesn’t hold much weight in trade, but China does. And they use it to push that weight around. 

The eu has been in tje news lately targeting American companies with laws that apply only to them. And on top of that, applying another set to only apple. 

You’ve also got Israel, Japan, South Korea, Vietnamese, and others negotiating. 

Of these, Israel, Japan, and South Korea are msjor players and hVe tje potential to shift the balance of global trading power. 

So while China has bullying power today, that may not last since that power comes directly from the victims. Now that one is fighting back, things get interesting. 

It’s better for the entire world to have a level playing field and fair trade. Not charging someone a lot more bevause they happen to be good at what they do. 

libertyandfree said:

avon b7 said:

libertyandfree said:

DAalseth said:

The US needs stuff from China more than China needs ANYTHING from the US.
I expect there may be exemptions for Amazon, Apple and Walmart. But the hundreds of thousands of small stores, local stores, regional stores, that are the heart of the economy will be massacred. 

As someone pointed out yesterday, this whole scrap is above all making China look like the reliable, stable, rational, trustworthy partner. That is going to be the most harmful thing coming out of this for the US.

China needs money from the US to run their economy.  The US is by far their biggest customer whereas we are mostly consumers of their products - many of them not essential for daily life.  Yes, some small businesses rely on their cheap Chinese products but they will have to adapt in the short term - you don’t fold because some segments get hurt.  If the US stops buying the Chinese goods then China must sell them elsewhere, or shutter factories, which floods the market and crashes their prices.  Forgotten in all this is the massive theft by China on IP which was being reversed by the first Trump administration and then was unexplainable dropped by the Biden administration.  This needs to be corrected as well and this requires the Chinese govt to enforce.  

What happened with agriculture in his last term? China quickly pivoted away to Brazil. Lobsters from Maine? China went to Canada.

China is in a situation - provoked by the US - where mutual trade is severely impacted. 

They won't go crawling to Trump and they've made that very clear. 

They will continue to get rid of US debt but with a common sense approach. They will tighten restrictions on critical minerals/rare earths. They could even switch away from Boeing to Airbus as a symbolic move. They will strengthen BRICS+ deals as well as tempt the EU. 

At the end of the day it is Trump who started everything and it is Trump who will have to fix it. 

He blinked first with the 90 day pause. Now he will have to blink again. 

 You obviously do not know how these negotiations work.  The so called blink has 90 countries negotiating and if that’s a blink then blink away.  The whole world knows China is the bully when it comes to trade and fairness, did you somehow miss this? 

libertyandfree said:

DAalseth said:

The US needs stuff from China more than China needs ANYTHING from the US.
I expect there may be exemptions for Amazon, Apple and Walmart. But the hundreds of thousands of small stores, local stores, regional stores, that are the heart of the economy will be massacred. 

As someone pointed out yesterday, this whole scrap is above all making China look like the reliable, stable, rational, trustworthy partner. That is going to be the most harmful thing coming out of this for the US.

China needs money from the US to run their economy.  The US is by far their biggest customer whereas we are mostly consumers of their products - many of them not essential for daily life.  Yes, some small businesses rely on their cheap Chinese products but they will have to adapt in the short term - you don’t fold because some segments get hurt.  If the US stops buying the Chinese goods then China must sell them elsewhere, or shutter factories, which floods the market and crashes their prices.  Forgotten in all this is the massive theft by China on IP which was being reversed by the first Trump administration and then was unexplainable dropped by the Biden administration.  This needs to be corrected as well and this requires the Chinese govt to enforce.  

9secondkox2 said:

Time to push China tariffs to 225%. 

China lives and breathes the US dollar. 

The US is addicted to Chinese imports. 

But America can just as easily wait out some production relocation or shift habits. 

China won’t be recovering thst money. 

Apple is already reallocating the weight of production. It will take a bit. But it will be done. It’s just too bad that there aren’t more truly free nations to move it to. 

The only way the USA wins this is to keep its foot in the gas and not give in to bullies. We’ve been pushed around and robbed long enough. As O’Leary said:enough is enough.” Time to get back. 

9secondkox2 said:

 We called them out, They panicked and tried to double down with the tariffs and are now in a tough spot. There is a lot of nuance being revealed.