Tariff Wars Are Easy to Win

[AlbertaFarmer5]

China playing the long game means that China will play a losing hand far longer than anyone capable of rational though will. If the Chinese were smart, they would get serious about a trade deal with the US before the yuan is worth $0 or the majority in the US figure out they are better off with a tariff on Chinese goods. There are a 100 other sources for most everything China ship into the US market and they are more than willing to supply. It is just that with constant currency devaluation and stolen technology, china has kept the competition at bay thus far. Just by getting the tariffs on, President Trump won the trade war. Check and mate. The war was against the globalists that wanted the US to continue to prop up failed regimes around the world.

All true, but peoples blind hatred of anything American, and more specifically with Trump, will never let them see the forest for the trees. If you look at the precipitous decline in the Chinese economy already, vs. the steady growth in the US, it reveals who has won the trade war.

[errolanderson]

All true, but peoples blind hatred of anything American, and more specifically with Trump, will never let them see the forest for the trees. If you look at the precipitous decline in the Chinese economy already, vs. the steady growth in the US, it reveals who has won the trade war.

Nobody wins a trade war . . . .

[agstar77]

But there are a lot of losers.

[AlbertaFarmer5]

Nobody wins a trade war . . . .

Sorry, refer to my previous post, winning relative to the rest of the losers.

A bigger piece of a smaller pie is still losing. But everyone else gets a smaller piece of a smaller, or nonexistent pie.

[agstar77]

Trump will put the world into a depression. More countries are adopting his stupid tariffs.

[jazz]

Nobody wins a trade war . . . .

You haven't seen the US wage one before. I would say the world is in for a hard lesson in who not to fk with.

Chinas reported debt is double what the US is and there is probably trillions more in shadow lending and hidden banking. The Chinese economy is a jenga tower and they will have to stimulate it harder than the US to keep it going. China is Japan 2.0 just watch how the US uses its financial clout to neuter rogue regimes.

US has enough gold and assets, resources to back its debt and currency of it comes to that. We will see if china has enough to back $100T in debt with a few points knocked off their GDP permanently. Sure they can tighten and go eat grass or whatever, that still wont make them a superpower.

[the big wheel]

You haven't seen the US wage one before. I would say the world is in for a hard lesson in who not to fk with.

Chinas reported debt is double what the US is and there is probably trillions more in shadow lending and hidden banking. The Chinese economy is a jenga tower and they will have to stimulate it harder than the US to keep it going. China is Japan 2.0 just watch how the US uses its financial clout to neuter rogue regimes.

US has enough gold and assets, resources to back its debt and currency of it comes to that. We will see if china has enough to back $100T in debt with a few points knocked off their GDP permanently. Sure they can tighten and go eat grass or whatever, that still wont make them a superpower.

Maybe except if everyone starts boycotting the us in trade deals. If China can fill the void of cancelled deals this could be the slow end of a superpower and it’s not China.

[jazz]

Maybe except if everyone starts boycotting the us in trade deals. If China can fill the void of cancelled deals this could be the slow end of a superpower and it’s not China.

Wheel you missed one thing. 4% of US GDP is based on exports. You are about to see a country that doesn't need anything from anyone to be the number one economy. A full quarter of chinas economy export based to the US. Simple win. What other country is rich enough to take chinas junk? Europe?

You think Baltimore looks bad, go check out the billion people without toilets in China.

What you are witnessing is a 100 yr launch of the US to permanent top dog status. China will be a mere memory just like its fake products in the land fill. Book it.

[agstar77]

An unstable impoverished China is not something to wish for. Do you even know they have nukes and ICBMs? Guess how WWII started. Japan felt economically threatened.

[AlbertaFarmer5]

An unstable impoverished China is not something to wish for. Do you even know they have nukes and ICBMs? Guess how WWII started. Japan felt economically threatened.

Caving into the bully never ends well.

Personally, I am wishing for the entire world to achieve the same standard of living as we currently enjoy, and the relative peace that would go with it, but unfortunately, that does not seem to be the goal of the UN etc who insist on enforcing energy poverty onto the world with predictable results.