Global Trade Patterns Will Forever Change

[errolanderson]

China may someday leapfrog the U.S. in technology, tariffs or no tariffs . . . .

The U.S. is unlikely to make a bilateral deal with Mexico work. No new NAFTA deal means the old NAFTA deal stays in-place. If Trump attacks Canada with auto tariffs, that also hammers the U.S. consumer at a time the economy is in a downturn. And as the U.S. nears a recession, the howls from within the Republican party itself and China tariffs will only intensify.

[bucket]

If you look at the republican party and Trumps advisors ....recession doesn't bother billionaires ...it is seen as a buying opportunity ....very similar to what happens in the farming community in western canada....guys say **** it and someone has their cheque book out the next day....even faster now with social media...

[jazz]

China may someday leapfrog the U.S. in technology, tariffs or no tariffs . . .

errol, you need to learn the truth about china. Just like those fake Louis Vutton bags, so is their entire economy. Its a copy cat fast tracked rip off economy. Whatever tech they have was developed by either intellectual property theft or by strong arming companies that moved overseas. And company that sets up shop in china from the west will get cheap labour, but china gets access to the tech. We have sold our future by doing this and trump was right to stop it.

China does the reverse too. They will bring capital to your country to exploit your resources, tie you up in debt and then use their own labour to supplant yours.

These guys are ruthless and they have lived by the softness of the globalists for 25 yrs now. Glad to see someone putting their foot down.

US imports from china are 10:1. No way in hell the US loses this fight. The math doesnt support it. The tarrifs have 10 times the impact in china as they do here.

[ajl]

Beat me to it jazz but you are absolutely correct. Don't bet on the wrong horse. China also has 40T in mostly USD denominated debt held by various arms of the communist party so it doesn't show up on the federal books but is nonetheless real. Sort of but not quite like adding Canadian provincial debt to the federal books in Canada. How do you think they had 10+% economic growth? They bought it with debt and built ghost cities and bridges to no where.

[grassfarmer]

I'm agreeing with you on this one Errol, China for the win! No way are they going to be outwitted by a dimwit like Trump.

[jazz]

I'm agreeing with you on this one Errol, China for the win! No way are they going to be outwitted by a dimwit like Trump.

Trump is the smartest, shrewdest and most ballsy guy to sit in the white house in 2 generations. He is rooting out corruption daily in the MSM, the dems, the deep state, judiciary etc. Thats why the guy is attacked nonstop. He was brave enough to whack the hornets nest.

You just fear that your socialist sell out ride is over, and it hopefully is.

[AlbertaFarmer5]

Anyone who thinks China doesn't have everything to lose, or wants to bet against the US, I would suggest that you read or watch anything by Peter Zeihan. One mans opinion of course, but it is hard to argue with the logic he presents, and so far has been eerily accurate in his scenarios.

[Agvocate]

https://www.reuters.com/article/us-usa-trade-china-soymeal-insight/inside-chinas-strategy-in-the-soybean-trade-war-idUSKCN1LZ0J9

Widely circulated article today. Sift through the politics if you want, but back to the original topic of trade flows changing. If China is able to find alternative sources of protein for hogs the longer this drags out the more beneficial it is to China. If we go long enough and they replace it elsewhere even if/when tarriffs are lifted they arent coming back for meal. Article is up to your own interpretation but POTUS could set the north american soybean industry back decades if it plays out as scripted. Not here to pick sides in politics as I prefer to just comment on marketing, but its an interesting read.

[Taiga]

I have worked with Chinese manufacturers before. Contracts mean nothing, they are meaningless. Equipment (manufactured goods) were held hostage and not released until ransom was paid. Bait and switch tactics all over the place. Zero protection of intellectual property. If you have a good idea and get it built there, expect to see it on Alibaba very soon. Total fricken joke.
I have also built stuff in the US, particularly before the Trudeau dollar destroyed our buying power. Good experiences. Equipment is still not fabricated quite to the Alberta standards we are used to, but things up here are overbuilt (and heavy, and expensive).
I choose to trade with the US over China anyday.

[perfecho]

Trump is the smartest, shrewdest and most ballsy guy to sit in the white house in 2 generations. He is rooting out corruption daily in the MSM, the dems, the deep state, judiciary etc. Thats why the guy is attacked nonstop. He was brave enough to whack the hornets nest.

You just fear that your socialist sell out ride is over, and it hopefully is.

Wow...remember why I don't come here often....
Bottom line , Trump is a bully, unethical business guy, lies and cheats, boasts of his sexual conquests...and if that is what you want to look up to...good on you....but when society shifts to this mantra, and it is, don't blame young people...blame those that put people like this into power. We spend time/money/teaching on trying to mitigate bullying, however we put these people into power for young people to look up to....great! (Ford included)
Now...I actually like some of Trumps thoughts.....but those are words that just come out because he knows he can make headway with them....he is in it for him and his...that's it...the rich/poor gap is widening under his watch....what a great model....
This is one of clip that tells it like it is...not words that just spiel for the hell of it....
https://www.youtube.com/watch?v=16K6m3Ua2nw
https://www.youtube.com/watch?v=16K6m3Ua2nw

https://www.youtube.com/watch?v=16K6m3Ua2nw