Trade War

Started by Solar, May 10, 2019, 07:41:51 AM

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taxed

Quote from: Solar on June 29, 2019, 06:13:22 AM
:lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol:

If I were the family of those Canadians held in China, I'd be freaking out right now...
#PureBlood #TrumpWon

Solar

Quote from: taxed on June 29, 2019, 06:18:28 AM
If I were the family of those Canadians held in China, I'd be freaking out right now...
:lol: :lol: :lol: :lol: :lol: :lol:
I swear, no wonder the guy ignored him, he sits down like a well mannered preteen girl, pulls out a purse then sits with his hands together waiting for a command from his nanny.
If he were an actual leader, he'd have taken the opportunity to set Xi straight.
You are right, the family is probably seeking back channels to Trump because they know Castro's son is gonad free.
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taxed

Quote from: Solar on June 29, 2019, 06:45:52 AM
:lol: :lol: :lol: :lol: :lol: :lol:
I swear, no wonder the guy ignored him, he sits down like a well mannered preteen girl, pulls out a purse then sits with his hands together waiting for a command from his nanny.
If he were an actual leader, he'd have taken the opportunity to set Xi straight.
You are right, the family is probably seeking back channels to Trump because they know Castro's son is gonad free.

He probably did think Trudeau was a girl, so he thought "Oh crap, I can't get caught talking to a chick... my wife will kill me!"...
#PureBlood #TrumpWon

taxed

https://finance.yahoo.com/news/china-says-existing-u-tariffs-072156239.html

QuoteBEIJING, July 4 (Reuters) - Existing U.S. tariffs will have to be removed if there is to be a trade deal between Beijing and Washington, China's commerce ministry said on Thursday.

The leaders of the two countries agreed last weekend to relaunch trade talks that had stalled in May after U.S. officials accused China of pulling back from commitments made in the text of a pact negotiators had said was nearly finished.

Trade teams from both countries are in contact, commerce ministry spokesman Gao Feng told a regular media briefing.

To get talks restarted, U.S. President Donald Trump had agreed not to put tariffs on about $300 billion in additional Chinese imports and ease curbs on Chinese tech giant Huawei.

The United States now has tariffs of 25% on $250 billion of Chinese goods, ranging from furniture to semiconductors.

China welcomes the U.S. decision not to slap new tariffs on its goods, Gao said, when asked how long the trade truce can last. (Reporting by Stella Qiu and Ryan Woo; Editing by Clarence Fernandez)


Yeah, sure...   :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol:
#PureBlood #TrumpWon

Solar

Quote from: taxed on July 04, 2019, 01:40:26 PM
https://finance.yahoo.com/news/china-says-existing-u-tariffs-072156239.html


Yeah, sure...   :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol:
OUCH!!!
Talk about cutting of your nose to spite your face?
China is its own worst enemy.

In other news... :biggrin:

Chinese fret as Samsung, other giants leave
Samsung to close key assembly base in Guangdong, while Foxconn may cut production of iPhones

ByFRANK CHEN
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Local officials and workers in China's Guangdong and Jiangsu provinces may have to brace for lost revenue and jobs as Korean tech giant Samsung has reportedly decided to wind up its last production lines and leave the country for good.

There have been reports that Samsung's factory in Huizhou city in Guangdong – where some of its best-selling handsets like the Galaxy smartphone series were assembled – will shut down, following similar closures in Shenzhen and Tianjin in northern China.

The Huizhou base kept the local economy ticking during its heyday as it churned out electronic products for Chinese buyers and for export to the US and Europe. But rumors started to swirl right after the Chinese New Year break in February that the factory would lay off workers soon.

The backdrop is that the protracted US-China trade war has started to bite and domestic rivals like Huawei, Oppo and Xiaomi have been chipping away at Samsung's market share.

https://www.asiatimes.com/2019/06/article/chinese-fret-as-samsung-other-giants-leave/
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taxed

Quote from: Solar on July 04, 2019, 01:53:08 PM
OUCH!!!
Talk about cutting of your nose to spite your face?
China is its own worst enemy.

In other news... :biggrin:

Chinese fret as Samsung, other giants leave
Samsung to close key assembly base in Guangdong, while Foxconn may cut production of iPhones

ByFRANK CHEN
facebook
twitter
linkedin
email
whatsApp
Local officials and workers in China's Guangdong and Jiangsu provinces may have to brace for lost revenue and jobs as Korean tech giant Samsung has reportedly decided to wind up its last production lines and leave the country for good.

There have been reports that Samsung's factory in Huizhou city in Guangdong – where some of its best-selling handsets like the Galaxy smartphone series were assembled – will shut down, following similar closures in Shenzhen and Tianjin in northern China.

The Huizhou base kept the local economy ticking during its heyday as it churned out electronic products for Chinese buyers and for export to the US and Europe. But rumors started to swirl right after the Chinese New Year break in February that the factory would lay off workers soon.

The backdrop is that the protracted US-China trade war has started to bite and domestic rivals like Huawei, Oppo and Xiaomi have been chipping away at Samsung's market share.

https://www.asiatimes.com/2019/06/article/chinese-fret-as-samsung-other-giants-leave/

:lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol:

My China article I'm wrapping up had this line in it, that I now have to change (re G20):

QuoteThe United States gave up nothing and forced China to crawl back to the negotiating table under the condition of moving forward with the abandoned deal.  As surprised as I am that China caved, I think it's short lived and they're one slip-up from a tidal wave of tariffs.

Now with China posturing, the previous article was pretty much dead on...  https://conservativehardliner.com/how-president-trump-might-play-president-xi-g20
#PureBlood #TrumpWon

Solar

Quote from: taxed on July 04, 2019, 02:04:27 PM
:lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol:

My China article I'm wrapping up had this line in it, that I now have to change (re G20):

Now with China posturing, the previous article was pretty much dead on...  https://conservativehardliner.com/how-president-trump-might-play-president-xi-g20
:lol: :lol: :lol: :lol: :lol:
Poor, poor China, that Big Bad Trump is forcing them to play fair, so they took their ball and left the field.
But Trump stopped them in the parking lot and said, "That's Not Your Ball, Give It Back", so China left with nothing more than their humiliation to wear as the "Storm Began".  :biggrin:
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taxed

Quote from: Solar on July 04, 2019, 02:15:39 PM
:lol: :lol: :lol: :lol: :lol:
Poor, poor China, that Big Bad Trump is forcing them to play fair, so they took their ball and left the field.
But Trump stopped them in the parking lot and said, "That's Not Your Ball, Give It Back", so China left with nothing more than their humiliation to wear as the "Storm Began".  :biggrin:

:lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol:

I also saw where China told Trudeau to not expect to assume Daddy Trump is going to get those hostages back.....  If Trump wanted them back, they'd be on a plane in about 30 minutes.  Trudeau needs to beg publicly...
#PureBlood #TrumpWon

Solar

Quote from: taxed on July 04, 2019, 02:18:03 PM
:lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol:

I also saw where China told Trudeau to not expect to assume Daddy Trump is going to get those hostages back.....  If Trump wanted them back, they'd be on a plane in about 30 minutes.  Trudeau needs to beg publicly...
:lol: :lol: :lol: :lol: :lol: :lol: :lol:

I know, I saw that as well. Then I thought, Trump can do as he pleases, China does not dictate what we do, then I remembered what a fag commie Trudeau is, and Trump would just as soon leave his skinny ass to blow in the wind.
Canada needs to grow a set since Trudeau doesn't have any, and shit can the little fucker and replace him with a real leader.
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taxed

https://www.peoplespunditdaily.com/news/economy/2019/07/05/jobs-report-us-economy-adds-224k-jobs-june-beating-forecast/

QuoteThe labor force participation rate (chart) ticked slightly higher from 62.8% to 62.9%, while the employment-population ratio was 60.6% for the fourth month in a row.

Manufacturing employment kicked back into gear, gaining +17,000 . in June after 4 months of little change. Manufacturing employment has averaged 8,000 per month, compared with an average of 22,000 in 2018.

Construction employment continued a solid upward trend, adding 21,000 in June. That's on par with the average monthly gain over the prior 12 months.

In June, wages, or average hourly earnings (AHEs), for all employees on private nonfarm payrolls rose by 6 cents to $27.90. That's after a 9-cent gain in May.

Over the past 12 months, average hourly earnings (chart) have increased by 3.1%. Wage growth has exceeded 3% for the 11th straight month.

Average hourly earnings of private-sector production and nonsupervisory employees increased by 4 cents to $23.43 in June.

:lol: :lol: :lol: :lol: :lol:
#PureBlood #TrumpWon

taxed

https://www.peoplespunditdaily.com/news/economy/2019/07/04/us-service-sector-not-slowing-down-in-june/

QuoteThe Institute for Supply Management (ISM) Non-Manufacturing Index (NMI) indicated solid and sustainable growth for the U.S. service sector in June. The NMI came in at a solid 55.1%, though was 1.8 percentage points lower than the May reading of 56.9%.

Although the non-manufacturing sector's growth rate dipped in June, the sector continues to reflect strength," Anthony Nieves, Chair of the ISM Non-Manufacturing Business Survey Committee, said.

This is the lowest reading since July 2017, when it registered 55.1%. However, that indicates solid growth for the U.S. service sector without showing signs of overheating.

The New Orders Index came in at a strong 55.8%, though 2.8 percentage points lower than the reading of 58.6% in May. The Employment Index also fell 3.1 percentage points in June to 55% from the May reading of 58.1%.

But those are all solid and sustainable readings.

"The comments from the respondents reflect mixed sentiment about business conditions and the overall economy. A degree of uncertainty exists due to trade and tariffs."

The 16 non-manufacturing industries reporting growth in June — listed in order — are:


    Real Estate, Rental & Leasing;
    Other Services;
    Finance & Insurance;
    Accommodation & Food Services;
    Health Care & Social Assistance;
    Mining;
    Construction;
    Educational Services;
    Professional, Scientific & Technical Services;
    Utilities; Public Administration;
    Information;
    Management of Companies & Support Services;
    Transportation & Warehousing;
    Retail Trade; and Wholesale Trade.

The only industry to report a decrease was Arts, Entertainment & Recreation.

This isn't getting old....   :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol:
#PureBlood #TrumpWon

Solar

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taxed

https://www.scmp.com/economy/china-economy/article/3017358/us-china-trade-war-accelerating-biggest-shift-trade-cold-war

QuoteUS-China feud is accelerating the biggest shift in trade since the cold war, away from globalisation


    Trend described as 'deglobalisation' and 'balkanisation' is leading to shorter supply chains as companies try to keep up with more sophisticated consumer demand
    As firms rush to avoid Donald Trump's tariffs and other geopolitical volatility, the trend is accelerating, leading to a complete shift in global trade
#PureBlood #TrumpWon

Solar

Quote from: taxed on July 05, 2019, 02:00:05 PM
https://www.scmp.com/economy/china-economy/article/3017358/us-china-trade-war-accelerating-biggest-shift-trade-cold-war
We talked about this a couple of years ago. How countries develop and eventually they run out of cheap labor, leaving Africa at the end of the scale. But then what?
In truth, it was never a sustainable business plan.
But what do people like Soros do? They destroy economies and feeding off them like the leech he is, opening up new markets for cheap slave labor. Problem is, this leads to wars.
Kind of exposes how the entire system works, or rather used to work. Trump is turning it all upside down and the elites are freakin out.
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carolina73

Quote from: Solar on May 10, 2019, 07:41:51 AM
Anyway, the leftist media said if we had one, the stock mkt would collapse. Oh, and according to Fuglosi, we're in a constitutional crisis. :lol:
Umm, stock mkt hasn't shifted yet. :




What difference does it make? The world is going to end in 12 years due to global warming. We need to put on our red sneakers and wait for the spaceship to come for us! The crazy bartender can't be wrong.