China cancels 12,000 metric tons of US pork shipments (1 Viewer)

[CaughtInThe]

The US could have simply put together a team of actual good negotiators and everyone wouldn't be suffering.



"The move represents the biggest cancellation of pork orders since the COVID-19 pandemic disrupted supply chains and stalled economies around the world, Bloomberg News reported.

China, behind Mexico and Japan, was the U.S.’s third-biggest market for pork in 2024, importing some 475,000 metric tons valued at more than $1.1 billion. "

https://thehill.com/policy/international/5266321-china-cancels-us-pork-ships/

 

[CaughtInThe]

 

[multivita-man]

The US could have simply put together a team of actual good negotiators and everyone wouldn't be suffering.



"The move represents the biggest cancellation of pork orders since the COVID-19 pandemic disrupted supply chains and stalled economies around the world, Bloomberg News reported.

China, behind Mexico and Japan, was the U.S.’s third-biggest market for pork in 2024, importing some 475,000 metric tons valued at more than $1.1 billion. "

https://thehill.com/policy/international/5266321-china-cancels-us-pork-ships/

I mean if China were initiating this conflict, this would be a nationalist moment for the United States and allies. The fact that it's not tells us what positions each side has.

 

[Jessie C]

China is fed up with the US, and I can't blame them one bit. China has 4 times the number of people as the US, and this is clearly a big blow. Anyone who thinks China will cave to the trumpdump is a fool.

 

[Hamish Howl]

 

[Phys251]

Good work, tRump. Keep working against America.

 

[Lycanthrope]

With all that extra bacon unsold, prices are bound to go down for Muricans!

PROMISES MADE, PROMISES KEPT - TAKE THAT, LIBZ!

 

[multivita-man]

China is fed up with the US, and I can't blame them one bit. China has 4 times the number of people as the US, and this is clearly a big blow. Anyone who thinks China will cave to the trumpdump is a fool.

Here's the crazy shit: the US had every reason, every right to start a purely - and I mean strictly - trade war with China. They cheat on their currency. They rip off our IP. They take advantage of trade and overproduce and then dump supplies around the world.

Not a popular opinion on this forum, but I actually will give Donald J. Trump for being the first president to stand up and say that we're getting played and that our inflated asset prices aren't justification for this set-up. Yes, the 2017-18 tariffs were clumsy, haphazard, and a jolt to US exporters, particularly ag producers. But Biden kept the same posture, and he actually increased export controls.

Trump gets credit for being the first to stand up to China, even if not in the most strategic manner. I think Biden gets credit for continuing that posture and taking some meaningful steps toward a gradual repositioning of our global trade. I think the way Biden was doing it was the more effective way.

 

[Minerva]

All part of tRump's master plan to, in the short term, bring down grocery prices.
In the long term, bankrupt farms and ranches so that foreign investors may purchase them via the Acretrader app that Vance is an investor in.

 

[Pyrite]

All part of tRump's master plan to, in the short term, bring down grocery prices.
In the long term, bankrupt farms and ranches so that foreign investors my purchase them via the Acretrader app that Vance is an investor in.

Taxpayers will have to bailout farmers and ranchers.

Sounds familiar....

 

[ElChupacabra]

I mean if China were initiating this conflict, this would be a nationalist moment for the United States and allies. The fact that it's not tells us what positions each side has.

Leading with an antagonistic approach is a great way to fail at negotiating, and mainly because there's the element of pissing the other side off and introducing the incentive to work against you. In regards to China, Trump chose to be impractical and unreasonable, which are not traits the Chinese respect especially when the administration had Trump's toadie making comments about the US buying goods from Chinese peasants. It's so daft.

 

[Lord Tammerlain]

With all that extra bacon unsold, prices are bound to go down for Muricans!

PROMISES MADE, PROMISES KEPT - TAKE THAT, LIBZ!

Don't worry Trump will try to sell the pork to Pakistan

 

[Lycanthrope]

Don't worry Trump will try to sell the pork to Pakistan

And MAGAs will truly believe their Master could pull it off.

 

[Pyrite]

Don't worry Trump will try to sell the pork to Pakistan

There went the covfefe!

(I wouldn't be surprised were this to be the case, given the ignorance of trump and the people he surrounds himself with.)

 

[Jessie C]

Here's the crazy shit: the US had every reason, every right to start a purely - and I mean strictly - trade war with China. They cheat on their currency. They rip off our IP. They take advantage of trade and overproduce and then dump supplies around the world.

Not a popular opinion on this forum, but I actually will give Donald J. Trump for being the first president to stand up and say that we're getting played and that our inflated asset prices aren't justification for this set-up. Yes, the 2017-18 tariffs were clumsy, haphazard, and a jolt to US exporters, particularly ag producers. But Biden kept the same posture, and he actually increased export controls.

Trump gets credit for being the first to stand up to China, even if not in the most strategic manner. I think Biden gets credit for continuing that posture and taking some meaningful steps toward a gradual repositioning of our global trade. I think the way Biden was doing it was the more effective way.

I agree with some of what you say, but trump's style abhorrantly sucks and will end up hurting us far more than helping us. He's making the country the enemy of the world.

 

[Minerva]

From Porkcheckoff.org

 

[Minerva]

Don't worry Trump will try to sell the pork to Pakistan

Right now tRump is ruminating..."Hey, my buddy Benjamin Netanyahu owes me yugley.....maybe I can off load some of this surplus to him".

 

[anatta]

Leading with an antagonistic approach is a great way to fail at negotiating, and mainly because there's the element of pissing the other side off and introducing the incentive to work against you. In regards to China, Trump chose to be impractical and unreasonable, which are not traits the Chinese respect especially when the administration had Trump's toadie making comments about the US buying goods from Chinese peasants. It's so daft.

China doesn't get it's feelings hurt. It's been ruthless exploitation of American markets, and keeping all but US agri. out of China markets.
They have a $300 billion annual trade surplus with the USA. @multivita-man just gave some serious Chinese trade abuse practices.
Their SOE are subsidized in key sectors. Thats subsidized marketing = Something has to give - "China is ripping us off"

If Trump had more time he would have continued the Trump 45 trade talks. They fell apart due to COVID.
Xi of course can wait out Trump, and by their tone they are what only be called militaristic in their attitude/spokesperson
Biden kept in some tariffs, but not the agreement itself.

I dont know what else Trump can do. Just let the WTO govern US/China trade?? that's a loser.
Too bad Trump had his 8 years interrupted by an administration that was obsequious in their approach to China

Still we have our own leverage, so see how it goes

 

[Pyrite]

China doesn't get it's feelings hurt. It's been ruthless exploitation of American markets, and keeping all but US agri out of China markets.
They have a 300 billion annual trade surplus with the USA. @multivita-man just gave some serious Chinese trade abuse practices.
Their SOE are subsidized in key sectors. Something has to give - "China is ripping us off"

If Trump had more time he would have continued the Trump 45 trade talks. They fell apart due to COVID.
Xi of course can waiyt out Trump, and by their ton they are what only be called militaristic in their attitude/spokesperson
Biden kept in some tariffs, but not the agreement itself.

I dont know what else Trump can do. Just let the WTO govern US/China trade?? that's a loser.
Too bad Trump had his 8 years interrupted by an administration that was obsequious in their approach to China

Post #18


It looks as if you don't know that Biden continued trump's tariffs against China.

Dear me....talk about a "loser"....

 

[anatta]

Post #18


It looks as if you don't know that Biden continued trump's tariffs against China.

Dear me....talk about a "loser"....

read it again. engage brain before posting

 

[Pyrite]

read it again. engage brain before posting

I read it.

You don't seem to understand what is meant by "Biden kept trump's tariffs against China".

Or you simply don't want to accept that bashing Biden for doing what trump did leaves egg on your face.

 

[ElChupacabra]

China doesn't get it's feelings hurt. It's been ruthless exploitation of American markets, and keeping all but US agri. out of China markets.
They have a $300 billion annual trade surplus with the USA. @multivita-man just gave some serious Chinese trade abuse practices.
Their SOE are subsidized in key sectors. Thats subsidized marketing = Something has to give - "China is ripping us off"

It's feelings, no. As a whole, it does not take kindly to being shown up in this manner, and that's been very evident in their response to this administration. Chinese officials tend to be more measured and focused on practical solutions, but they're now resorting to harsher rhetoric and trolling the US administration.

If Trump had more time he would have continued the Trump 45 trade talks. They fell apart due to COVID.
Xi of course can wait out Trump, and by their tone they are what only be called militaristic in their attitude/spokesperson
Biden kept in some tariffs, but not the agreement itself.

One has to wonder how much success he would have had, given that his trade war with China led to the US having to bail out farmers and the money taken in going mostly towards that bail out.

I dont know what else Trump can do. Just let the WTO govern US/China trade?? that's a loser.
Too bad Trump had his 8 years interrupted by an administration that was obsequious in their approach to China

Still we have our own leverage, so see how it goes

For now, but we know the Chinese began moving away from a dependency on the US, and this will ensure they do this even more to guarantee a future US president seeking this kind of tactic is left with very little leverage.

 

[Pyrite]

China doesn't get it's feelings hurt. It's been ruthless exploitation of American markets, and keeping all but US agri. out of China markets.
They have a $300 billion annual trade surplus with the USA. @multivita-man just gave some serious Chinese trade abuse practices.
Their SOE are subsidized in key sectors. Thats subsidized marketing = Something has to give - "China is ripping us off"

If Trump had more time he would have continued the Trump 45 trade talks. They fell apart due to COVID.
Xi of course can wait out Trump, and by their tone they are what only be called militaristic in their attitude/spokesperson
Biden kept in some tariffs, but not the agreement itself.

I dont know what else Trump can do. Just let the WTO govern US/China trade?? that's a loser.
Too bad Trump had his 8 years interrupted by an administration that was obsequious in their approach to China

Still we have our own leverage, so see how it goes

I think this is probably my favorite part of Post #18:

Too bad Trump had his 8 years interrupted by an administration that was obsequious in their approach to China

"Obsequious".....it looks as if @anatta is in the dark about trump's "approach" to China:

In Veterans Day Speech, Trump Promises to ‘Root Out’ the Left (Published 2023)

The former president said that threats from abroad were less concerning than liberal “threats from within” and that he was a “very proud election denier.”

www.nytimes.com

...And he [trump] complimented President Xi Jinping of China, of whom he said, “He’s like Central Casting. There’s nobody in Hollywood that can play the role of President Xi — the look, the strength, the voice.”

 

[aociswundumho]

Here's the crazy shit: the US had every reason, every right to start a purely - and I mean strictly - trade war with China. They cheat on their currency. They rip off our IP. They take advantage of trade and overproduce and then dump supplies around the world.

So tf what? If it results in lower prices for American consumers, who gives a shit what they do?

Not a popular opinion on this forum, but I actually will give Donald J. Trump for being the first president to stand up and say that we're getting played and that our inflated asset prices aren't justification for this set-up.

We are not "getting played", if we are the ones who benefit, and we are. Cheap imports have enormous benefits for American consumers, and if some American capitalists don't like it, that's too bad for them. If they can't compete, then they can die or do something self.

Import taxes have never and will never be a net benefit for the American people.

 

[anatta]

It's feelings, no. As a whole, it does not take kindly to being shown up in this manner, and that's been very evident in their response to this administration. Chinese officials tend to be more measured and focused on practical solutions, but they're now resorting to harsher rhetoric and trolling the US administration.

but it doesn't matter anymore then Trump's rhetoric. Both sides know exactly what is at stake. both sides have negotiated before and both understand the stakes

One has to wonder how much success he would have had, given that his trade war with China led to the US having to bail out farmers and the money taken in going mostly towards that bail out.

again the agreement did have provisions for agri purchases.Some soybeans and the like. I'm as certain as can be possible China had a lab leak for COVID. No it wasn't on purpose, but their reckless disregard of WTO ruling, COVID, and malign trade make them a powerful adversary.
Not to harp on Biden but he never got that - always calling China a "competitor" like relations had a rules based order. They didn't

For now, but we know the Chinese began moving away from a dependency on the US, and this will ensure they do this even more to guarantee a future US president seeking this kind of tactic is left with very little leverage.

We are doing the same, but are late to the game. Biden's “managed competition.” fell flat. Im not out to trash Biden but to put in context just how difficult is is to manage US/China trade relations,, Never mind the militaries