China is losing the tariffs war and retreating as fast as it can

[Uncensored2008]

I distinguish between conservatives and MAGAs.

I distinguish between the sane and leftists.

I don’t think a single actual conservative supports this - it is antithesis of traditional conservative “free market capitalism” support.

Did you tell George Washington, Thomas Jefferson, and every president prior to Wilson - a socialist?

 

[Uncensored2008]

The Post is not a valid source.

ROFL

BWHAHAHAHAHAHAHA

LOL

LMAO

Okay, so ONE publication told the truth about the Hunter Laptop and Veggie Joe, the rest flat out lied. Okay, so the FBI censored the only publication that was truthful, but that doesn't mean they are a valid source, they didn't print lies to promote the party..

Effing Marxists....

 

[maxparrish]

The Post is not a valid source.

Can you find the article posted by another source?

I responded to the ops post of the link and the ops cited "facts". You should ask the op author for another source.

As it stands, I do not agree with the article's opinion or the op writer's opinion, but I assume the facts stated are generally true but also misleading.

 

[anatta]

Nope.

Hunter's laptop is a non-story. It was manufactured to attack the Bidens. Nothing but a petty vengeance tactic by dumpletits.

it's hilarious you attack the NYP as source, when if you had any comprehension the "laptop" story was broken by the Post.
virtually every other source - including LW swill- agrees the story of Hunter and the Biden family grifters is fact

Normally I wouldn't bring this up, but since you seem to constantly decry any source not LW, maybe you'll get a clue

 

[anatta]

The wailing and gnashing of teeth you hear are the board leftists...

TDS @ work. It's a dicey situation. all I can do is weigh the facts, and try to extrapolate how it's going to break.
I honestly do not know. I DO KNOW letting China fester with malign trade has been the norm since they joined the WTO.

This might be our very last chance to get them to clean up their act.. their economy has structural problems. we do as well

 

[ColdHardTruth]

it's hilarious you attack the NYP as source, when if you had any comprehension the "laptop" story was broken by the Post.
virtually every other source - including LW swill- agrees the story of Hunter and the Biden family grifters is fact

Normally I wouldn't bring this up, but since you seem to constantly decry any source not LW, maybe you'll get a clue

No, Hunter is not a grifter. That is a right-wing lie.

The Post is owned by Rupert Murdoch and he is a self-confessed liar.
'

 

[ColdHardTruth]

I responded to the ops post of the link and the ops cited "facts". You should ask the op author for another source.

As it stands, I do not agree with the article's opinion or the op writer's opinion, but I assume the facts stated are generally true but also misleading.

Nothing from the source is to be believed.

 

[Airyaman]

 

[ColdHardTruth]

TDS @ work. It's a dicey situation. all I can do is weigh the facts, and try to extrapolate how it's going to break.
I honestly do not know. I DO KNOW letting China fester with malign trade has been the norm since they joined the WTO.

This might be our very last chance to get them to clean up their act.. their economy has structural problems. we do as we

Use of the phrase "TDS" automatically disqualifies your post.

 

[uptower]

"Retaliation" isn't losing. It's fighting back and deepening the tariff war. Everyone loses..

 

[Juks]

some empirical data

Despite their denials, China is losing the tariffs war and retreating as fast as it can

Beijing’s biggest worry is not a tariff recession, but the social unrest that will follow.

nypost.com

The Korean press has confirmed that “the United States and China have begun behind-the-scenes contact in relation to the ‘tariff war,’ ” and a high-ranking Chinese delegation was photographed entering the US Treasury Department in the early morning hours of April 24.

• They are in the huge piles of containers that missed the April 9 tariff deadline, sitting in Chinese ports. These are filled with goods that the tariffs have priced out of the US market. Meanwhile, cargo bookings for container voyages between China and the US are down by half.
• They are in deserted factory floors all along the coast of China, where workers are being laid off by the tens of thousands. Textile, toy, electronic, and furniture factories are just a few of the industries being crushed by the tariffs.
• They are in the empty streets and shuttered shops of the surrounding industrial towns and cities, whose one-time customers — the now unemployed factory workers — can’t afford to eat or shop in their favorite noodle stand or convenience stores.

America is by far China’s largest customer, absorbing about one-sixth of China’s exports. If the tariffs stay in place for any length of time, economists estimate that 80% of China’s goods will be priced out of the American market, representing a loss of almost $400 billion.

As many as 10 million Chinese workers might lose their jobs over the next few weeks, says Treasury Secretary Scott Bessent, a number that could easily double in the months that follow as the ripple effects of the slowdown tear through the economy.

Is this NY Post having a wet dream or what?
It feels like Steven Mosher put on his MAGA cap sideways and fantasized a "Xi begs Trump for mercy" storyline. This isn’t analysis; it’s fan fiction in the service of war rhetoric. Trump's tariffs may very well hit China hard, but Mosher is more interested in portraying Xi as a pathetic dictator and Trump as some macho king than in providing a realistic picture of global trade.

 

[Airyaman]

 

[Tangmo]

We must recognize during this epidemic of @anatta threads that US imports from China constitute less than 3% of China's overall GDP and that share has been dropping for some time. China has a massive domestic consumer base of what is rapidly approaching a billion middle class individuals, and has been shifting its economy toward domestic consumption for some time. Obviously @anatta isn't aware of any of this and, well, he's only allowed to redistribute talking points given to him by the media, hence we will have at least a few more threads like this until Donald finally capitulates, at which point the threads will change to either (a) his 5D chess and toned physique or (b) the immigrants.

The CCP is suffering uncontrollable deflation which is why the CCP Bois in Bejing are not enforcing their own 125% tariffs against US imports. Deflation hasn't changed so the Chinese aren't buying anyway regardless.

Household spending in the CCP is 40% of GDP whereas in the West it's between 60% to 70% -- in the UK and USA it's upwards of 80%. The CCP relies a lot on exports which is what the madman Trump wants the USA to do. Plus historically the Chinese are compulsive savers which is another major factor for the deflation the CCP cannot bring under any measure of control.

The major cause of the runaway deflation debilitating the CCP economy is the public's loss of confidence in Xi Jinping's economics. When Xi assumed power in 2013 GDP growth was just shy of 10%. This year it will be 3% as under Xi GDP growth has shrunk unrelentingly. Xi is a Maoist fanatic, he rejects Deng Xaio Ping's economics of development and wealth. Xi is an ideologue who demands conformity plus.

 

[Tangmo]

Exactly. China has been crystal clear that they're not even interested in discussions until Donald walks back his unilateral tariffs. @anatta, @gbg3 and their ilk don't realize that in the past ~decade China's exports to the US have remained flat while its exports to the rest of the world have nearly doubled and its internal consumption has grown a similar amount. China's total exports to the United States amount to at most a fraction of their annual increase in GDP growth. We're in the noise for them, but our MAGA don't know any better, so they'll keep starting threads like these.

Xi and Trump are going to collapse into each other and lower the tariffs by at least a half.

Xi still comes out of it screwed.

CCP is suffering uncontrollable deflation so even with lower tariffs for Chinese paltry consumption they're not buying. Chinese people haven't been buying for a long time now without US tariffs. They have lost confidence in Xi's leadership of the economy. Which puts the CCP-PRC in serious straits.

It's long been fact that in a tariff war the debtor nation wins. It's also fact it's the debtor nation that starts a tariff war because the debtor nations knows it has the upper hand. Yes, each nation suffers -- but it's the debtor nation that gets its way in the end.

The mantra that both sides suffer in a tariff war that nobody wins is false. Yes, both sides suffer but it's the debtor nation that has the advantage from the start to the finish. The risk specific to Trump is that the idiot is taking on the whole world too and simultaneously.

 

[anatta]

Is this NY Post having a wet dream or what?
It feels like Steven Mosher put on his MAGA cap sideways and fantasized a "Xi begs Trump for mercy" storyline. This isn’t analysis; it’s fan fiction in the service of war rhetoric. Trump's tariffs may very well hit China hard, but Mosher is more interested in portraying Xi as a pathetic dictator and Trump as some macho king than in providing a realistic picture of global trade.

not at all. but you do have to consider Jiānrěn de (stoicism) of the population. The CCP is counting on it as a counter to our whining commercialism

 

[anatta]

The CCP is suffering uncontrollable deflation which is why the CCP Bois in Bejing are not enforcing their own 125% tariffs against US imports. Deflation hasn't changed so the Chinese aren't buying anyway regardless.

Household spending in the CCP is 40% of GDP whereas in the West it's between 60% to 70% -- in the UK and USA it's upwards of 80%. The CCP relies a lot on exports which is what the madman Trump wants the USA to do. Plus historically the Chinese are compulsive savers which is another major factor for the deflation the CCP cannot bring under any measure of control.

The major cause of the runaway deflation debilitating the CCP economy is the public's loss of confidence in Xi Jinping's economics. When Xi assumed power in 2013 GDP growth was just shy of 10%. This year it will be 3% as under Xi GDP growth has shrunk unrelentingly. Xi is a Maoist fanatic, he rejects Deng Xaio Ping's economics of development and wealth. Xi is an ideologue who demands conformity plus.

Xi is a Maoist fanatic, he rejects Deng Xaio Ping's economics of development and wealth. Xi is an ideologue who demands conformity plus.

thats a very strongly worded statement. i dont disagree

 

[medi]

thats a very strongly worded statement. i dont disagree

Frankly, from a purely professional point of view, the upper ranks of the PRC's government allowing Xi to keep his grip on power is surprising. For decades, the PRC is one of two governing entities I had to maintain an updated file on and I can state that the PRC upper ranks are some clever-clever folks. But this time around I am confused. But I am lucky, as I am essentially retired and hope to stay that way until - - - well, we don't know when "until" will happen. Was supposed to happen a few years ago and it didn't.

One thing, though, when change in that most upper slot takes place in the PRC there will be few expecting it. Not this time.

 

[Uncensored2008]

I posit that anything from @Mycroft's mouth (fingers) is not valid.

I mean, only the party is valid - Uber Alles democrat.

 

[Uncensored2008]

Tariffs most directly will impact the Americans who have the least amount of money to spare.

Because they buy the most. I mean, clear Marxist logic. Those who buy most are the poor and the biggest consumers..

A working class American who can barely keep their head above water will now find themselves paying more for items they need.

Like Chinese made electronics. I mean, those who spend money on food, rent, utilities, gas won't have any impact from tariffs - but the poor don't spend their money on those things, necessities.. They buy luxury goods.

And you find this “winning”?

I find the demagoguery of the Marxist party laughable bullshit.

Isn't if funny how the Stalinists didn't give a shit when Newsom and the party slapped another dollar a gallon in taxes on gasoline. This cut to the heart of poor families - but the party can do no wrong - let the poor buy Teslas - which party members will then burn - to save the environment.

It's all hypocrisy and fraud. The idiocy posted is just to attack the opposition in hopes of gaining absolute power for the party. It doesn't matter that it's illogical and contrary to reality - only the party matters,

Jesus the idiocracy of how MAGAs twist themselves into pretzels to try to “own the libs” and defend Trump is astounding.

You mean like lying that "Tariffs most directly will impact the Americans who have the least amount of money to spare?" That kind of twisting?

 

[Uncensored2008]

Conservatives have found a tax they like. It will mostly be paid by the poor and working class. Those that haven't been paying much if any income tax.

I mean, because the poor and working class are the biggest consumers of non-necessity goods.

Effing Marxists and the idiotic lies they tell...

 

[Callen]

Like Chinese made electronics. I mean, those who spend money on food, rent, utilities, gas won't have any impact from tariffs - but the poor don't spend their money on those things..

Trump exempted Chinese electronics from the tariffs.

You mean like lying that "Tariffs most directly will impact the Americans who have the least amount of money to spare?" That kind of twisting?

The tariffs will impact items sold in Walmart, Target and Dollar stores the most.

Interesting to me is that Trump exempted the very things he claims he wants manufactured in the States, chips, computers, phones and electronics while setting high tariffs on things like toys, clothing and cheap housewares. Things that don't result in good paying American manufacturing jobs.

 

[BirdinHand]

I mean, because the poor and working class are the biggest consumers of non-necessity goods.

Effing Marxists and the idiotic lies they tell...

Are the Marxists in the room with you currently?

Your posts demonstrate a paranoia regarding Marxists. I honestly feel bad for you

 

[Airyaman]

MAGA: China pays the tariffs!
American companies: We're passing the cost of tariffs on to the consumer.

 

[Uncensored2008]

it's hilarious you attack the NYP as source, when if you had any comprehension the "laptop" story was broken by the Post.
virtually every other source - including LW swill- agrees the story of Hunter and the Biden family grifters is fact

Normally I wouldn't bring this up, but since you seem to constantly decry any source not LW, maybe you'll get a clue

The board Stalinist view "truth" as that which serves the interests of the party. That which is in opposition to the party is "lies."

Fact and reality have no meaning to democrats, only the party matters.

 

[Callen]

I mean, because the poor and working class are the biggest consumers of non-necessity goods.

Effing Marxists and the idiotic lies they tell...

Judging from your posts you seem to be unaware about exactly what products from China have had tariffs applied to them.