That is great for them I guess, but I personally don't give two cents where Trump's family makes their crap.
Why would you think I care?
" Should the US now impose tariffs on imports of another 200 billion, China will extend the conflict to other fields,” quoting Mao Zedong’s dictum, “You fight your war your way, and I will fight mine my way.”...
But in the US, the financial sector plays a much bigger role than in China. In that sense, the US is vulnerable here, so of course, that’s an option.” Der Spiegel asked, “Wouldn’t China hurt itself if it sold its dollar reserves?...
“In good times, our way of competing is to try to grow faster than the US. But when times get bad, it’s about who loses the most. That would be a financial war – and what such a financial war between the two largest economies looks like is probably beyond our imagination.”
A tragedy in the making as the US confronts China | Asia Times
China doesn't want to go there. But if Trump keeps acting like an evil Forest Gump, they will eventually dump dollars. The economy then goes to hell.
Perhaps he could lead by example? I know that's far-fetched, just saying, the best leaders I know typically led by example in more ways than one.
I thought you expressed an interest in the idea that the US & China cease any trade; where will the Trump Mafia have all of their **** made?
What do you advocate doing?
In my opinion, China deserves every bit of this.... in my opinion we should cease all trade to China whatsoever, actually.
I am curious if you are aware how poorly China treats US business in it's country and how much economic crime and aggression they do against the the USA?
Impeach Trump.
We got into this mess because of the government being the butt boy for business. The next step is cleaning up elections. But if you were to respond by saying the Supreme Court wouldn't like that, I'd say you have a point. Even the SC has been corrupted.
But there are things we could do, read Sitglitz's Price of Inequality. You could start with googling his youtube videos or articles, but I am afraid it's a package deal, and you need to see the what and why of it.
I wasn't asking your opinion on Trump... I was asking your opinion on Trade with China.
Stiglitz Price of Inequality has little to nothing to do about China. I am asking about China specifically. I don't care for your opinion on domestic issues in this thread.
No way are you getting rational policy out of that grifter.
You need to see the big picture to understand how and what rational trade policy is.
You can find "Correcting trade imbalances" on pg 279. Your library can get you the book even if they don't have it on the shelves. I bought a copy, but you don't have to.
It certainly can't be too complicated to summarize....
And I'll take what I can get from Trump.
I get the feeling you are looking for an excuse, something to reduce your cognitive dissonance.
Back in the 1800s, when the Modern was evolving, we learned, slowly and painfully, that the Modern is a package deal, not a buffet.
So even if you like Stiglitz's ideas about trade, it's not enough. Not even close.
I am simply asking for your opinion on how we should tackle China on trade... I would rather not buy a book or go to the library lol... could you summarize your position?
Soybeans are down over 20%, just for starters. Farmers don't give a damn about your stock market moronic nonsense.
Farmers may be worried about China’s cancelled soybean orders, but other countries are filling the void right now
While net Chinese purchases of American soybeans fell for three straight weeks, the U.S. sold to countries in the EU, the Americas and Southeast Asia, USDA Foreign Agricultural Service data showed Thursday.
The "U.S. accounts for 37 percent of total soybean exports throughout the world. Beyond Brazil, there's really nobody else," said Rich Nelson, director of research at Allendale, an agricultural market research and trading firm.
In addition, "we are now into the season where China almost exclusively buys from Brazil," said Ted Sefried, chief market strategist at brokerage Zaner Ag Hedge.
Chinese cancellations of U.S. soybean orders for the week ended April 26 resulted in a decline of 133,700 metric tons in net sales to China, USDA Foreign Agricultural Service data showed Thursday.
But 66,000 metric tons of those soybeans were sent to Vietnam instead, the data showed.
Meanwhile, the U.S. sold 82,700 metric tons of soybeans in new sales to Mexico, 68,800 to Taiwan, 60,000 to Argentina and 52,600 to the Netherlands. Although Argentina is the third-largest exporter of soybeans, a severe drought has reduced production by 7 million tons to 40 million, according to USDA estimates.
"That just goes to show we're not dependent on China for soybean exports," said Michael Stumo, head of Coalition for a Prosperous America, a nonprofit representing the interests of those in manufacturing, agriculture and labor unions.
as long as Trump is POTUS he has plenty of opportunity to wreck the economy & he will
Last time I checked he is still POTUS
Just wait 'til 'Private Bone Spurs' starts one of his dumb ass, useless wars that he is chomping at the bit to get going; that alone will kill the economy ..........
How about you actually wait for him to do so then.
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?