BREAKING:Chinese Exports Collapse In February Despite Largest Credit Injection Ever

[pahadi]

they celebrate new year for about a month, my purchase from ali express is yet to arrive...

 

[Yongpeng Sun-Tastaufen]

they celebrate new year for about a month, my purchase from ali express is yet to arrive...

And now they shall feel the power of Trump.

 

[xyxmt]

And US like 112th time.

and every time people fall for this trick, sell sell sell
next week China export rise 20% week over week....buy buy buy
US trade widens in july....sell sell sell
Trade narrowed in august....its a buy time folks

 

[pahadi]

And now they shall feel the power of Trump.

Dont worry Trump will soon submit to Asian power house....

 

[Yongpeng Sun-Tastaufen]

 

[Yongpeng Sun-Tastaufen]

Dont worry Trump will soon submit to Asian power house....

China is a small corner of the world. Look at the map. The US, the UK, Australia, New Zealand, Canada, all Anglo countries. MUCH bigger than China.

 

[xyxmt]

who wants to bet Chinese export will rise in March and Jews will make tons of money while rest of us will be looking at our retirement funds daily

 

[Yongpeng Sun-Tastaufen]

who wants to bet Chinese export will rise in March and Jews will make tons of money while rest of us will be looking at our retirement funds daily

Trump is killing China with tariffs. No US president before Trump ever tariffed China. China is losing hundreds of billions a year to tariffs in export to US. China's main export to the US steel dumping is taking a massive hit. Now US steel production is climbing like there's no tomorrow. The Rust Belt area is alive once again.

 

[xyxmt]

Trump is killing China with tariffs. No US president before Trump ever tariffed China. China is losing hundreds of billions a year to tariffs in export to US. China's main export to the US steel dumping is taking a massive hit. Now US steel production is climbing like there's no tomorrow. The Rust Belt area is alive once again.

some gains, some loses
the results of these tariffs will show in few years when prices of consumer goods will rise, Steel produced in the US will cost more than twice than what it cost to import from China. GM is moving all of its production from US and Canada to Mexico to avoid these tarrifs, prices of home appliances will go up....big slow down ahead.

 

[LKJ86]

"Exports dipped 20.7 percent year on year to 135.24 billion U.S. dollars last month, while imports decreased 5.2 percent to 131.12 billion U.S. dollars, the General Administration of Customs said.

However, deducting the Spring Festival factor, China's foreign trade rose 3.9 percent year on year in February, with exports increasing 1.5 percent and imports rising 6.5 percent, respectively, in U.S. dollar-denominated terms."
Xinhua http://www.xinhuanet.com/english/2019-03/08/c_137878410.htm

 

[Yongpeng Sun-Tastaufen]

Steel produced in the US will cost more than twice than what it cost to import from China

True, but making steel in the US really ups the US economy.

GM is moving all of its production from US and Canada to Mexico to avoid these tarrifs,

GM out. Volvo in. Volvo makes way better cars than GM.

 

[xyxmt]

True, but making steel in the US really ups the US economy.

in the short term once the old inventories clears out then the problem starts.

 

[Yongpeng Sun-Tastaufen]

prices of home appliances will go up....big slow down ahead

The US in its golden age back in the 1970s and 1980s made all of its home appliances in the US.

 

[xyxmt]

True, but making steel in the US really ups the US economy.



GM out. Volvo in. Volvo makes way better cars than GM.

if GM makes 5 million vehicles, Volvo will make 15,000

 

[Yongpeng Sun-Tastaufen]

if GM makes 5 million vehicles, Volvo will make 15,000

Volvo will expand in the US and makes millions of cars a year. Polestar is superb.