China is about to get drenched with tariffs

Started by taxed, May 06, 2019, 09:37:34 PM

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taxed

I've been saying for a while (but thought I was wrong as it looked like a we were getting closer to a deal) that Trump doesn't want to do a deal with China.  He wants to make them feel real pain for all the shit they've done to us over the past few decades -- IP theft, spies, buying politicians, etc etc.  Apparently some of the terms China's negotiators were conceding was overridden by Xi (as I understand it -- I haven't dived in deep yet).

Fascinating, and what's hilarious is it won't make a dent in our economy... just the globalists who went heavy into China over the years are getting their nuts squeezed.

https://www.reuters.com/article/us-usa-trade-china/u-s-china-reneged-on-trade-commitments-sparking-trump-tariff-hike-idUSKCN1SC0MF

QuoteTrump tweeted on Sunday that he would raise tariffs on $200 billion worth of Chinese goods to 25 percent from 10 percent by the end of the week, and would "soon" target the remaining Chinese imports with tariffs, sending stocks and oil prices lower on Monday.

Quote"They were trying to go back on language that had been previously negotiated, very clear language, that had the potential of changing the deal dramatically," Mnuchin said. "The entire economic team ... are completely unified and recommended to the president to move forward with tariffs if we are not able to conclude a deal by the end of the week."

#PureBlood #TrumpWon

Possum

Quote from: taxed on May 06, 2019, 09:37:34 PM
I've been saying for a while (but thought I was wrong as it looked like a we were getting closer to a deal) that Trump doesn't want to do a deal with China.  He wants to make them feel real pain for all the shit they've done to us over the past few decades -- IP theft, spies, buying politicians, etc etc.  Apparently some of the terms China's negotiators were conceding was overridden by Xi (as I understand it -- I haven't dived in deep yet).

Fascinating, and what's hilarious is it won't make a dent in our economy... just the globalists who went heavy into China over the years are getting their nuts squeezed.

https://www.reuters.com/article/us-usa-trade-china/u-s-china-reneged-on-trade-commitments-sparking-trump-tariff-hike-idUSKCN1SC0MF
Damn Taxed! Do you not see what this will lead to here in the U.S.A.? This will only lead to more jobs, higher wages, more tax revenue (which will lead to more tax cuts), which will lead to lower crime as more people as jobs, which will lead to more people feeling better about themselves, which leads to more spending, which leads to a higher stock market,,,,,,,,,None of this is good for the dims. If the American people want to keep a 2 party system we can not have any of this. :lol: :lol:

Solar

As I pointed out in the Venezuela thread, Trump is using this to get them out of South America. The last thing the world needs is a China, Russia, Iran, Syria block in our own backyard.
This puts China in a really tough position, if forced to deal with higher tariffs, they can't afford to remain in South America, the costs would not justify it. There economy is and will be in a recession for the foreseeable future, 30 + years say most economists.
Everything China does reflects negatively at home as businesses close, infrastructure neglected, and the list goes on and on. China knows Trump is dead serious and either runs the risk of revolt at home, or does as it is told, takes it toys and goes home.

This effects Russia as well, they can't float the whole bill for Iran and Cuba as well, so they too will quietly pull up stakes, tuck tail and run.
Trump is routing the Communists , something the GOP were too cowardly to ever attempt, afraid to use our global power for good, instead, they allowed the Dim party to dictate what the Marxists globally demanded and if they were good little RINO, the media would give them a cute little pet name, like "Maverick". Yes, McStain did their bidding for decades, which is why Trump despised the traitor.

I'm telling you folks, take all this in as it unfolds, we're witnessing a wondrous tie in history, where the powers are being realigned and evil is being caged.
I'd put this time in history with say, the birth of Christ, the creation of the US, the moon landing on and on and on. You can't really appreciate it at the time, but this event is freakin huge.
Official Trump Cult Member

#WWG1WGA

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wally

Communist China can not compete on a level playing field.  They must steal from the US and other western nations to compete.  Other administrations have bitched and complained and done nothing, while this belligerent adversary (potential enemy) has cheated it's way into replacing the US as the world's greatest Superpower.  The Communists will then  use their economic and military clout to blackmail and dictate their terms to the US and the rest of the world.

Trump got them to agree to terms which protect intellectual properties and ended forced transfers of technology from all firms wishing to do business with China.  At the eleventh hour, the Chinese want to do away with what they have already agreed to.  They are no more trustworthy than their puppet Kim Jung Un!

Trump is playing his Trump card!  He will punish them Bigly with 25% tariff on everything and implode their economy!

In the short term, Wall Street owns nearly a trillion dollars of Chinese investments.  If the Commies don't blink, their will be some temporary economic pain here at home and with our allies.  Perhaps, people ought to have considered the risks of throwing in with the Communists and been more conservative in their investments!
The press is our chief ideological weapon.
~ Nikita Khrushchev

Government does not solve problems; it subsidizes them.

~Ronald Reagan

supsalemgr

Quote from: wally on May 07, 2019, 08:43:45 AM
Communist China can not compete on a level playing field.  They must steal from the US and other western nations to compete.  Other administrations have bitched and complained and done nothing, while this belligerent adversary (potential enemy) has cheated it's way into replacing the US as the world's greatest Superpower.  The Communists will then  use their economic and military clout to blackmail and dictate their terms to the US and the rest of the world.

Trump got them to agree to terms which protect intellectual properties and ended forced transfers of technology from all firms wishing to do business with China.  At the eleventh hour, the Chinese want to do away with what they have already agreed to.  They are no more trustworthy than their puppet Kim Jung Un!

Trump is playing his Trump card!  He will punish them Bigly with 25% tariff on everything and implode their economy!

In the short term, Wall Street owns nearly a trillion dollars of Chinese investments.  If the Commies don't blink, their will be some temporary economic pain here at home and with our allies.  Perhaps, people ought to have considered the risks of throwing in with the Communists and been more conservative in their investments!

Some good points. Unfortunately, we have a citizenry that, for the most part, does not comprehend the concept of "short term pain for long term gain".
"If you can't run with the big dawgs, stay on the porch!"

Possum

Quote from: wally on May 07, 2019, 08:43:45 AM
Communist China can not compete on a level playing field.  They must steal from the US and other western nations to compete.  Other administrations have bitched and complained and done nothing, while this belligerent adversary (potential enemy) has cheated it's way into replacing the US as the world's greatest Superpower.  The Communists will then  use their economic and military clout to blackmail and dictate their terms to the US and the rest of the world.

Trump got them to agree to terms which protect intellectual properties and ended forced transfers of technology from all firms wishing to do business with China.  At the eleventh hour, the Chinese want to do away with what they have already agreed to.  They are no more trustworthy than their puppet Kim Jung Un!

Trump is playing his Trump card!  He will punish them Bigly with 25% tariff on everything and implode their economy!

In the short term, Wall Street owns nearly a trillion dollars of Chinese investments.  If the Commies don't blink, their will be some temporary economic pain here at home and with our allies.  Perhaps, people ought to have considered the risks of throwing in with the Communists and been more conservative in their investments!
And Trump hits another one out of the park https://www.americanthinker.com/blog/2019/05/trump_administration_forces_china_to_sell_the_port_of_long_beach.html
obama better get that presidential outhouse built before he has nothing to put in it. :lol:

taxed

Quote from: s3779m on May 07, 2019, 06:06:07 PM
And Trump hits another one out of the park https://www.americanthinker.com/blog/2019/05/trump_administration_forces_china_to_sell_the_port_of_long_beach.html
obama better get that presidential outhouse built before he has nothing to put in it. :lol:

I think this is huge.  It won't get much MSM play, but the behind the scenes war, this is major.
#PureBlood #TrumpWon

taxed

Quote from: s3779m on May 07, 2019, 06:06:07 PM
And Trump hits another one out of the park https://www.americanthinker.com/blog/2019/05/trump_administration_forces_china_to_sell_the_port_of_long_beach.html
obama better get that presidential outhouse built before he has nothing to put in it. :lol:

...and you know what else I was thinking... as we learn more about stuff like this, and how Trump is fixing these problems, WHY THE FUCK DID HUSSEIN NOT FIX STUFF LIKE THIS?!?!

The more Trump does, the more Hussein is going to look complicit in weakening national security.
#PureBlood #TrumpWon

Solar

Quote from: taxed on May 08, 2019, 12:11:05 PM
...and you know what else I was thinking... as we learn more about stuff like this, and how Trump is fixing these problems, WHY THE FUCK DID HUSSEIN NOT FIX STUFF LIKE THIS?!?!

The more Trump does, the more Hussein is going to look complicit in weakening national security.
The Marxists actions raises two very obvious questions even libs will be asking. Was it ineptness, or was he helping the enemy?
Lose, lose no matter how it's answered.
Official Trump Cult Member

#WWG1WGA

Q PATRIOT!!!