Analysis Tracking USA VS China Trade war

BlackOpsIndia

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I hope so. But this clown is an unpredictable one. Recently he blocked the Broadcom deal without much deliberation.
Salla woh bandar hey aur uske hath mein ustara thama diya hey 😤
He keeps on going till he is not confronted, typically bully. You keep bending he keeps on intruding, you slap him he will think twice next time.

He has carefully crafted his image as unpredictable to get favorable deals to hide is inexperience in global politics. Contrary to his public image of being a fool I think he is clever businessman and use this image of unpredictability for maximum advantage.


Once he will find himself on losing side he will roll back. Its time climate summit is called by China and every signatory of Paris accord should impose "Carbon Tax" on non signatories (perfectly legal). Time to up the ante and make it more exciting.
 
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BMD

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Once he will find himself on losing side he will roll back. Its time climate summit is called by China and every signatory of Paris accord should impose "Carbon Tax" on non signatories (perfectly legal). Time to up the ante and make it more exciting.
Based on what parameters though? The Paris Accord leaves the imposition of carbon targets to the individual nations themselves and imposes no penalty for not meeting them. So effectively, every nation adheres to the Paris Accord whether they sign it or not. It's a bit like obeying the laws of a country that has no laws. Trump could resign the Paris Accord and make zero changes to anything but he's decided to expose it for the sham it is instead.
 

BlackOpsIndia

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Based on what parameters though? The Paris Accord leaves the imposition of carbon targets to the individual nations themselves and imposes no penalty for not meeting them. So effectively, every nation adheres to the Paris Accord whether they sign it or not. It's a bit like obeying the laws of a country that has no laws. Trump could resign the Paris Accord and make zero changes to anything but he's decided to expose it for the sham it is instead.

Sham! Sure, why not, destroy the planet for centuries by mindless burning of coal, get rich and later when time comes for other nations tell them you can't use cheaper sources of fuel cuz we already fcked the planet, now pay us for these expensive techniques we invented and make us more rich cuz we are the self declared saviours!


Its a sham Indeed, if it was just, carbon tax right upto the @$$ of polluters of west could have been a most lenient start.
 
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BMD

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Sham! Sure, why not, destroy the planet for centuries by mindless burning of coal, get rich and later when time comes for other nations tell them you can't use cheaper sources of fuel cuz we already fcked the planet, now pay us for these expensive techniques we invented and make us more rich cuz we are the self declared saviours!


Its a sham Indeed, if it was just, carbon tax right upto the @$$ of polluters of west could have been a most lenient start.
People moved with what science knew at the time but that doesn't change the fact that the Paris Accord is a sham. And yes, developing countries may well feel like that, which is all the more reason why letting them set their own targets with no penalty is a sham. There is fck all point in Europe and the US trying to minimise emissions if growing nations with twice as many people aren't.

If global warming really is a problem, and the overwhelming consensus is that it is, then we must all try to fix it and have targets set by a multinational panel with penalties, or simply go our own ways and do what we think is necessary/appropriate. No point hiding behind a charade of an accord though.

But back on topic, China overwhelmingly deserves tariffs, they have been knocking off stuff for over a decade and robbing the people who spent money developing it in the first place. Europe and the US aren't the only ones to notice this, they have done it with Russian jet engines too. Their copyright theft is as open and aggressive as their territorial claims.

And heh, here's India's chance to land some manufacturing jobs.
 
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dadeechi

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Dec 11, 2017
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Remains to be seen if Trump has staying power or is it all part of the " art of a deal ".
My prediction is that US would chicken out. China is too powerful for US to take on. Things would only get worse for US with time as China takes over the mantle as the world's largest economy from the US.

Chinese means Business.

They rolled tanks into Tiananmen square, kicked out google and replaced with baidu, Build islands in SCS, Control internet & ban foreign VPNs, Created China International Payment System (CIPS) to replace SWIFT, Created AIIB/BRICS to take on IMF/Worldbank etc. etc. the list goes on...
 
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_Anonymous_

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My prediction is that US would chicken out. China is too powerful for US to take on. Things would only get worse for US with time as China takes over the mantle as the world's largest economy from the US.

Chinese means Business.

They rolled tanks into Tiananmen square, kicked out google and replaced with baidu, Build islands in SCS, Control internet & ban foreign VPNs, Created China International Payment System (CIPS) to replace SWIFT, Created AIIB/BRICS to take on IMF/Worldbank etc. etc. the list goes on...
Please refrain from predictions unless you're an astrologer or you have uncanny insight as a Geo political observer - both of which don't seem to be visible , either now or before . Please also refer to my previous observation of you being a born pessimist .
 

dadeechi

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All China's power comes from manufacturing and knocking off Western products.

So what? What matters is the end result not the means.

China is not India. It's neither law abiding nor a soft state. They will do what needs to be done to achieve their goals.

China will hack West, Copy their products, proliferate weapons etc and all West can do is whine... It is very obvious to the world the predicament of the West.
 
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dadeechi

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Not if the means is removed.
And how would you do that? China is no longer dependent on the West.

They have diversified their portfolio.

Will EU follow US lead on China? Even the US' closest allies like UK, Australia and Canada will not follow..

1521845741228.png
 

BMD

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If it's not manufacturing US tech items anymore, where will they steal the designs from? It'll be back to making rubber dog-poo to sell in joke shops.

That HK figure is also BS, HK is just a port from which they leave the country.
 

Shashank

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Dec 4, 2017
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50 billion punch versus 3 billion one in retaliation LOL..... Customer is always right after all....all power to Trump!...long overdue
Is it true that 50 billion dollars sanction is yet to take place and it needs Congress approval ? If true then chinese are yet to retaliate for that move as its still in pipeline.
 

Nilgiri

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Dec 4, 2017
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Is it true that 50 billion dollars sanction is yet to take place and it needs Congress approval ? If true then chinese are yet to retaliate for that move as its still in pipeline.
Trump can do things directly as its within executive control as BMD has posted....you are correct that the 50 billion remains a proposal right now and somewhat a negotiation tool for the time being (and we have to wait and see what is implemented in the end), but that stands for the 3 billion counter that China has put up. The difference in scale of these initial buffers tells a lot about the one way nature of the problem.

Things are moving quickly....given Trump has crucial mid term test later this year.
 

BMD

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Trump doubles down: 'Trade wars are good, and easy to win'

Trump doubles down: 'Trade wars are good, and easy to win'
  • "When a country (USA) is losing many billions of dollars on trade with virtually every country it does business with, trade wars are good, and easy to win," Trump tweets.
  • Trump announced Thursday that he will impose 25 percent tariff on steel and a 10 percent tariff on aluminum as early as next week.
He's right too. The balance of trade is in the China-to-US direction, they can only win it.
 

Ashwin

Agent_47
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China announces new tariffs on 106 US products, including soy, cars and chemicals

China announced additional tariffs on 106 U.S. products on Wednesday, in a move likely to heighten global concerns of a tit-for-tat trade war between the world's biggest economies.

The effective start date for the new charges was not announced, though China's Ministry of Commerce said the tariffs are designed to target up to $50 billion of U.S. products annually.

The 25 percent levy on U.S. imports includes products such as soybeans, cars and whiskey, Beijing said. The full list can be found here.

Trade showdown
The move comes less than 24 hours after President Donald Trumpunveiled a list of Chinese imports that he aims to target as part of a crackdown on what he deems as unfair trade practices.

Sectors covered by Trump's proposed tariffs include products used for robotics, information technology, communication technology and aerospace.

The trade showdown between Washington and Beijing has rattled investors and fueled market fears that the dispute could soon spiral into a full-blown trade war.

When asked whether global markets were now officially observing an all-out trade war, Goldman Sachs' chief global equity strategist, Peter Oppenheimer, told CNBC: "I think it is clearly a trade battle at the very least."

"I think the anxiety the market is reflecting is that it could escalate into a generalized (trade) war," he added.

China's proposed countermeasures prompted U.S. stocks to plunge on Wednesday. The Dow Jones industrial average tanked more than 450 points, with Boeing and Caterpillar leading all stocks in the index lower.

Meanwhile, Wednesday's announcement also prompted European stocks to extend losses, with the pan-European Stoxx 600 hitting a session low of 0.8 percent shortly after the news.

"I think Beijing is very keen to show that it is not going to be bullied, too," Neil Dwane, global strategist at Allianz Global Investors, told CNBC on Wednesday.

"(China) is going to position this as them responding to American aggression rather than necessarily being part of the problem," he added.

The Chinese yuan also suffered its biggest daily fall against the dollar in two weeks after the measures were proposed. The currency slipped 0.4 percent to hit 6.3015 per dollar.