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US RELEASE the KRAKEN : Trump going all out war against China. additional $200B products tariffs

China still has quite a lot of weapons in its financial arsenal. It could simply reject accepting any more dollar bonds and double the tariffs on US agricultural products. The soyabean sector has seen this already with Russian farmers gaining the most.

The worst that US could do it deploy troops in Taiwan and put blanket sanctions on China. In retaliation, China would start dumping the dollar en masse and 70% of the planet would be sitting on worthless paper.


China will not dump $1T US Treasuries. Total external debt obligations of US is $4T, while GDP is $20T.
if China sells USD, Yuan will crash. They know it.

US+silicon valley is too strong. US is self sustainable. soyabeans is not the end of the world. Tariff tax pays for soyabean subsidy. China needs US more than vice versa. USA can simply short circuit supply chain and use TPP countries.
 
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China will not dump $1T US Treasuries. Total external debt obligations of US is $4T, while GDP is $20T.
if China sells USD, Yuan will crash. They know it.

US+silicon valley is too strong. US is self sustainable. soyabeans is not the end of the world. Tariff tax pays for soyabean subsidy. China needs US more than vice versa. USA can simply short circuit supply chain and use TPP countries.

Trump walked out of TPP remember? And given his current animosity with everyone in Europe and the Pacific Rim, I really don't think that these allies would actually give in easily without a mutually favourable deal.

It is a catch 22 situation for Trump; either continue with his 'tough look' and suffer losing allies, or relent to pragmatic advise and lose face.

China has been trading using the rules of the WTO for quite some time. Yes, there were some loopholes which it has exploited for this long, but US cannot just simply shut its doors to the world. It is getting irrationally aggressive, impractical and isolationist.
 
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China's tariffs are well-selected, aimed to hurt the US most, not emotional and personal, unlike those of US regimes.

The US is a major importer, not exporter. So, tariffs war is a wrong war to fight the world's largest exporter.

That's probably why, so far, the tariffs led to:

1. Increase in China's exports to and decrease in imports from the US.

2. Historical highs in trade surplus with the US.

3. A general decrease of US share in China's total exports and imports (US share in China's exports is below 13% now).

4. General increase in China's international trade.

5. Historical highs in China's global trade surplus.

Therefore, US tariffs must be encouraged as China further diversifies its trade destinations and undermines the US relevance in global trade.

US must not stop at this stage.
 
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China's tariffs are well-selected, aimed to hurt the US most, not emotional and personal, unlike those of US regimes.

The US is a major importer, not exporter. So, tariffs war is a wrong war to fight the world's largest exporter.

That's probably why, so far, the tariffs led to:

1. Increase in China's exports to and decrease in imports from the US.

2. Historical highs in trade surplus with the US.

3. A general decrease of US share in China's total exports and imports (US share in China's exports is below 13% now).

4. General increase in China's international trade.

5. Historical highs in China's global trade surplus.

Therefore, US tariffs must be encouraged as China further diversifies its trade destinations and undermines the US relevance in global trade.

US must not stop at this stage.


Propaganda does not work outside the Great China wall.
The state does not think for us.
The stock market in both countries is a good indicator of what is happening/going to happen.

Exports from China boosted due to fear of incoming tariff by importers in USA.
I really wish there was no such US-China trade war. Both sides should talk and China should reduce tariffs and IP rules/local partnerships etc. If both sides resolve, it is Win-Win for everyone, the whole world, else everyone suffers.


Another domino falls : US pulls out of Global Universal Postal Union

https://www.cnbc.com/2018/10/17/tru...stal-treaty-in-latest-move-against-china.html

Trump moves to pull out of global postal treaty in his latest move against China
  • The White House said the United Nations treaty enables foreign postal services, especially China, to take advantage of cheap shipments to the U.S.
  • One official said the system allowed for a 40 percent to 70 percent discount on small packages coming in from China to the United States.
  • The move is the latest by President Donald Trump's administration to distance itself from international multi-lateral organizations and accompanying policies that it feels are hurtful to the United States.

The United States will begin withdrawing from the Universal Postal Union, a United Nations treaty that lowered rates for foreign postal deliveries in the United States, senior White House officials said on Wednesday.

The White House said the treaty enables foreign postal services to take advantage of cheap shipments to the United States, especially China, creating an unfair cost advantage over U.S. companies that ship goods, and hurting the income of the U.S. Postal Service.

"People are getting hurt in this country by an unfair system," one official told reporters on a conference call.


The move is the latest by President Donald Trump's administration to distance itself from international multi-lateral organizations and accompanying policies that it feels are hurtful to the United States.


Luke Sharrett | Bloomberg | Getty Images
Packages are seen on a conveyor belt with other small parcels at the United States Postal Service (USPS) sorting center in Louisville, Kentucky.
The White House will seek to renegotiate the terms of the treaty even as it begins the process to withdraw, the officials said.

One official said the system allowed for a 40 percent to 70 percent discount on small packages coming in from China to the United States compared to what it would cost to send them domestically, costing $300 million.

UPU did not immediately respond to a request for comment.

The National Association of Manufacturers called the treaty "outdated" and said it "contributes significantly to the flood of counterfeit goods and dangerous drugs that enter the country from China.
 
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Trump moves to pull out of global postal treaty in his latest move against China

:partay:

Actually the US did not want to withdraw. It wanted to negotiate and change the regulations. But, other member states objected and just let the US gracefully excuse itself.

Exports from China boosted due to fear of incoming tariff by importers in USA.

Same as exports from the US, perhaps. And not just to China, but to Germany, Brazil, and many other countries.

So far, China's exports have grown while the share of the US in China's total exports has dropped from 18% last year to 11-12% this year.

Propaganda does not work outside the Great China wall.
The state does not think for us.

Postal Union is all over the news in Mainland China, Indian Einstein.

Just as the most recent train genocide in India is all over the Internet.
 
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i guess when the situation fits your need you were also a fighter pilot, a janitor, a physics expert, missile expert, greatest armchair general, a pimp, navy Seal, am i missing any other titles you claimed to have?
Good to know I wasn't the only one who picked up on this. There is another "professional" in here who has taken things to a whole new level and his multi nationalities kick in, when required to add validity to his arguments. He becomes, Chinese(Taiwan included), Australian, European and American in a flash. :lol:
 
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While US bombs China trades. Unfortunately Trump doesn't realise how unpopular he is with the American public and his friends. China has built friends whilst US is building enemies.

name china's friends - myanmar, north korea, pakistan
that is a gr8 start

US playing China base on his market she have, now question is what is her limits?. US economy itself can't afford costlier products from anywhere else whereas China have many options to replace US in china. US can't cross to WTO parameters (can't afford that)

what makes you think Americans cannot pay $4 instead of $2 for toothpaste ?
 
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name china's friends - myanmar, north korea, pakistan
that is a gr8 start



what makes you think Americans cannot pay $4 instead of $2 for toothpaste ?
Its general logic and i feel pity if Americans don't understand this simple logic
 
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Its general logic and i feel pity if Americans don't understand this simple logic

What makes you think Americans cannot pay $4 instead of $2 for toothpaste ?

Why should America prop up a rival like China ? taking about general logic why doesn't pakistan trade with its neighbors India and Iran ?
 
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Its general logic and i feel pity if Americans don't understand this simple logic

I think it is envy, for which there is no medicine.
I get a feeling China is ready to make serious concession to USA. I could be wrong.
 
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I think it is envy, for which there is no medicine.
I get a feeling China is ready to make serious concession to USA. I could be wrong.

right now chinese cannot innovate without american help
 
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CHINA'S XI SAYS CHINA DOES NOT WANT TO SEE SUCH NEGATIVE EFFECTS: STATE MEDIA.

CHINA'S XI SAYS INDUSTRY IN US AND CHINA, GLOBAL TRADE HAVE EXPERIENCED NEGATIVE EFFECTS FROM US-CHINA TRADE DISPUTE -STATE MEDIA


China ready to compromise, I think.
I think, long US stock index(low cost) & Chinese stock index, would be good move now
 
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DEAL or NO DEAL ????
China's move.

Hope saner heads prevail. I think cooler heads will make a deal. Who knows ?
 
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