China says it is ready to hit back over U.S. tariffs

When you vote based on hate this is what happens.

When you vote based on hate this is what happens.

You forgot the ignorance part. This is what happens when you vote based on ignorance and hate.

I just don't see the leverage in tariffs. Trump adds $50 billion, China matches it. Trump doubles it, and China matches. Trump cuts it in half, China matches. It's a net zero situation which isn't how leverage works.

We need to impose something they can't match, or something that hurts them a lot more than it hurts us. I don't know what that would be but someone should be smart enough to figure it out.

Xi also has an advantage in that he controls the media and the message in his country. Trump might dream of that but he has to answer to the American people. Especially farmers.

Bass: I think it’s about time we have a President that stands up for the country

So you won't be rolling over and asking, "What's wrong with having good relations with China?" That's a refreshing change.

Donny starts MAGMA-ing by ceding international leadership to China and Russia. He then continues by angering and alienating allies. Now he's pushing the economy towards a cliff. The telling thing is that his cheerleaders refuse to acknowledge any of this. They'll be cheering as we fly off the cliff.

MAGMA indeed, President Dumpster Fire.

What a 'great' job, Trump.

Markets are taking, my 401k and stocks a mess.

MAGA indeed.

Donny must really want another spanking from the Chinese. I'd have thought he'd have learned after the Chinese went after his ignorant base with its recent round of tariffs. Alas, Donny is at least as ignorant as his cheerleaders.

The United States appears to be forgetting that their outstanding government debt rolls over and they have a large deficit and both need to be continuously funded. The Chinese government buys that debt heavily to offset the capital inflow and balance of payments surpluses in their own country. China could instead buy no US debt and buy instead government debt from other stable developed countries. For the US the price of debt will fall, interest rates rise along with the cost of borrowing for US firms in the US. Never a good idea to annoy those who are funding your profligate ways.

The Chicoms aka communist China has gotten away with grotesquely unfair trade practices for decades.

The United States is not going to pussyfoot around anymore with The Chicoms. A trade war or a shooting war will be awesome and enjoyable. After the United States anihilates The Chicoms America will establish a democratic morality and human rights and freedom loving society in China.

Most Walmart shoppers are not exactly Trump supporters.

That's your opinion. The facts say differently.

with China the largest importer at about 30 million tons

Then what is China's problem? Why is Trump whining? His whining is making stock markets going down. Is he really the best president for business. If so then why is he trying to do so much business damage?

Because most farmers I’ve met through the years complained about China

The ones I have met are fine with China. Business is business.

The United States is not going to pussyfoot around anymore with The Chicoms. A trade war or a shooting war will be awesome and enjoyable. After the United States anihilates The Chicoms America will establish a democratic morality and human rights and freedom loving society in China.

Can we please avoid the shooting match. I am with you on trade, but nobody needs WW3 over this. It is not necessary.

The long term goal should be the formation of new supply chains outside of China to the greatest extent possible, preferably in middle income and developing democracies and to the extent possible, South America, India, S.E.A. A lot of developed democracies could also get a boost from this trade conflict. Japan being one. More money for developed and developing democracies in which the U.S has far more positive trade and diplomatic relations ultimately benefits the U.S considerably in the long term.

Trump should also be focusing on mitigating the damage of retaliation by in part using the tariffs. Heavily impacted industries need to be supported and perhaps for quite a few years. Given that China will continue to pursue their 2025 agenda regardless, which is their right , Trump should also be approaching Europe and start testing the waters on what they would think of some very significant mergers. China is still going to be a voracious competitor in times to come, its just that America won't be giving them a $500 billion dollar bonus every year in order to help achieve it. With that in mind, a merger of say Boeing with Airbus would create a gigantic worldwide company. They both target the same customers anyway by in large. A company of that scale would be a serious obstacle for China. In many other industries, leading U.S companies and European companies should be looking to partner and/or merge in ways which are mutually beneficial and seek to counter the rise of advanced Chinese industry.

There is plenty more to write about this, but lets not turn it into a hot war. That is in nobodies interest.

I’m a gambling man.

And you are losing (check your 401k).

China has been the largest importer of soybean from the USA over recent decades

Then what is the problem?

Trump will betrayal you guys after election! He just want to win big to carry on his show by generating nationalism he us a populist ! The trade war is phony and he will back to his business with China. Remember Donald Trump is a con-man instead of statesman! China is too big to contain.After sixty days you guys know what you people now blashing China to hell is not feasible!

Could one avenue be labeling China a currency manipulator? Trump backed down on this after he became President.

Only a complete trade embargo will cost China its 300 Billion (Approx) surplus with the US. It hurts both nations but China loses much more on paper. Both would then scramble to fill the gap in trade with other countries and China would hold a manufacturing advantage and America a Services advantage.

If you dont want China to grow stronger, stop moving your businesses there and invest in your own country or your allies who you dont mind being stronger.

A huge indicator for the future is how much basic infrastructure building and maintanence is going on in your country. If its low your not going anywhere. If there is massive activity in that sector your country is doing ok.

China is a hive of activity in this area and the US is struggling. There is the picture of the future that tells the story.

Yeah many of the contries that will fill that void, should that occur. 

You clearly don't understand market forces. If this statement were true, the market wouldn't have been roiled like it was after China announced its tariffs. Kuddos!

If That happens and as always, there is someone else that will fill that void. So let’s do it. I’m a gambling man.

You clearly don't understand market forces. If this statement were true, the market wouldn't have been roiled like it was after China announced its tariffs. ROFL! Smh. No wonder Dems keep flipping seats in repube strongholds!

After the United States anihilates The Chicoms America will establish a democratic morality and human rights and freedom loving society in China.

As they did in Iraq. Enjoy your wet dreams :)

Probably won't happen as China is a huge fan of American technology, always has been.

What technology? They buy more from the EU. And in % with regards to population they buy more from Japan.

let's see if China wants to play fair

Trump is the one who is hinting at returning to TPP. Why did he leave TPP in the first place? TPP would help China "play fair"

When you have outsourced jobs to other countries for the sake of profit, which is what capitalism does, and then you try to penalize those countries, all you're doing is penalizing the consumers in this country. Those jobs are gone and not coming back. Protectionism is not the answer and the orange moron has no idea what to do. Besides, I'll bet his and Ivanka's products are still being manufactured in China and elsewhere outside the US.

If these tariffs actually go into effect, I hope the millions of Americans who are negatively affected from them hold Trump accountable. Obama and his economic team saved us from a full-blown depression and brought us out of a recession to a growing and stable economy -- and so many Americans never gave him any credit for it (in fact, just the opposite!)

Tump is eyeing on upcoming elections,what he needs is rallying stupid voters to buy his nationalism but he is not interested with trade war. That is phony and he has huge business with China! The greatest con-man in history hurts his own countrymen but not China!

This is the equivalent of economic war. When you go to war, whether it be economic or military, you better have the country behind you. But certainly Trump has very few people behind him in his economic war.

This war is going to hurt the very people that support him. Those farmers growing soy beans are probably ready to boot him out of office. The Walmart shoppers are going to be angry that they have to pay more for imported Chinese goods. Whatever Trump can do to lessen his support is fine by me. The US couldn't have elected a more unqualified president than Trump.

It's about time someone took on China and their unfair trade rules. The unelected Chinese despots refuse to allow many western tech companies, such as Facebook, YouTube etc. to operate in China. Other manufacturers are forced to hand over their IP (if the Chinese haven't stolen it already). The Chinese behaviour is unacceptable and must be stopped. If China won't change then slap huge tariffs on their exports and leave them to wallow in their own polluted dictatorship. There are plenty of other countries that will be able to manufacture the low-tech rubbish that China now makes.

I doubt it, one of the other reasons why many in the heartland supported Trump was because of his get tough on China promise

Yeah, get tough on China and watch China react in a way that harms those people in the "heartland." They won't be thinking getting tough in an ignorant way was very good when they lose their butts from lack of a market. ROFL!

zichi: "Italian tomatoes come from Italy?"

Not when there's an asterisk beside the "Italy".

If China dump the “US debts”,that hurts really irritating!

Brazil produces 86 million tons compared to America's 100 million tons. But because nearly all of the America crop is GM all the exported beans, like in China, are used only for pig feed.

Brazilian and Argentina soy is GMO as well only a few Canadian and US farmers grow non-GMO. [thx to Europe]

Dems just need to get back the 1000 legislative seats they lost. no they just need one or two more seats in congress, the way that Trump is fudging everything he touches that seems more likely than unlikely

we wouldn’t be in this mess

Again, what is the problem?

Probably won't happen as China is a huge fan of American technology, always has been. probably will if it becomes a full on trade war. Airbus makes equally technological advanced planes and is willing to cooperate with China. China has already shown its willing to punish Japan/Korea over trade in their country, Trump just need to keep on escalating and hell see just how strong China has become economically.

China doesn't have the upper hand in this, both of our countries are so connected financially, that it's a washout the China needs the US just as much as the US needs China, we are their biggest consumer of their junk and if we're out, nighty night. exactly but Trump can seem to understand this, itll be nighty night China will loose 10~20million jobs happend before during last GFC, and nothing changed in China. Chinese people accepted it and the government kept on ruling. Now try that scenario with Trump and well see if he can make it two terms. The long game China will eventually win in the end and take its place as the worlds largest consumer market and economic power. Fortunately Trump wont be able to do anything about it.

Dump US debts,devaluing Chinese monetary.....that is enough to make people wake up from Trump's little show!

@Peter - You make an interesting comment. At this particular point in time a large embargo on China would be devastating to China and would hurt the U.S. However I believe over time embargoes on China will have less impact on China. Your comment about the investment and spending on infrastructure is spot on. The U.S. infrastructure is falling apart and has been trending in such a direction for decades. Additionally the U.S. is more and more reliant on other countries for critical parts and components of vital infrastructure (i.e. electric power grid as one example).

I believe the present state is one of "mutually assured destruction" however if things continue the way they are the lever will tip in China's favor due to their long term outlook and continuity of government policies (for better or for worse) now even more so ensured with a leader elected for life.

I think it’s about time we have a President that stands up for the country

He's making the stock market go down. Check today's returns. What's his deal. He's even going after Amazon which is one of the US's gems.

The Chinese behaviour is unacceptable and must be stopped. 

Are there any specifics on this? The EU and Japan are not complaining the way the Trump is and both the EU and Japan have better trade balances with China. What's really going on? Also, there are around 15-20 countries like Australia and Singapore that buy more than sell with the USA. They are not whining about USA being a "trade leech"

Other manufacturers are forced to hand over their IP (if the Chinese haven't stolen it already). 

Specifics? Germany is a very industrial economy and they are not complaining to this extent. What's really going on? Don't forget that China does not trade with the US. They trade with the world. Also, Trump supporters. Check your 401k. Are you still happy he is in the WH?

These are the photos of the Chinese GHOST CITIES which used to manufactures shoes and apparel like Levis and Rebook, Puma etc,. The factories of those shoes and apparel are now scattered in Latin America, Myanmar, Cambodia, Turkey, Romania and other SE Asian countries:

http://www.businessinsider.com/these-chinese-cities-are-ghost-towns-2017-4

More of these will spring out sooner, after the TRADE WAR.

In 1990...

1990? 30 years ago?

Trump does not know USA owes China too much money. He knows USA owes to Japan but doesn't know how much. Republicans are worried when USA will be bankrupted. While learning his sex life.

Presuming a $100 billion retaliation, still leaves another $300 billion Trump can target. China hasnt even touched US companies doing business in China and then youve got that $Trillion Boeing plane order that China needs filling in the next 15yrs, time to dump Boeing shares and buy Airbus. LOL

About 90% of Brazilian soy and corn are genetically engineered. 

Well, it's merely an new initiative by Maggi after earlier [joint] American initiatives in the Mato Grosso to fulfil a demand from Europe. Reread the link you added and read that only 4% of the total Brazilian harvest is non-GMO.

harvest of soybeans **

Over the recent years, the organic soybean market has experienced the fastest growth rate among all soybean segments, mainly driven by the fact that soymilk and tofu, as the main food source for dairy-free and meat-free diet, have been widely recognized for their health attributes.

True but the number of acres where they grow organic soybeans [ 124.591 in 2016] are just a drop of the 89.5 million acres [2017] of the total soybean production.

https://www.agmrc.org/commodities-products/grains-oilseeds/organic-soy/

https://www.nass.usda.gov/Newsroom/2018/01_12_2018.php

Trump is right, very right about this.

But how to deal with China is not the correct one, without getting allies to be side-by-side, shoulder-to-shoulder.

In 1990, China allowed Alcatel, Ericsson, Siemens, Motorola, Cisco and many more top of the line technology companies. In fact, the first generation GREAT FIREWALL of CHINA was made by CISCO. When the business is going good, China begun coercing these companies to divulge and open the secret technology to CHinese authorities, else, they will lose business in China.

After 5 years, ZTE, HUAWEI, and many ARM SOC manufacturers in China have the same products with the USA/EU high-tech companies.

Without Trump actions, CHINA will be producing SemiCon equipment like Applied Materials, Tokyo-Electron, Veeco, Epitaxial Machine, CVD/MOCVD machines needed in making Microprocessors and high-tech lasers.

This kind of response is a bit laughable since Beijing has been playing Washington ( unfair trade) & other countries for decades. Beijing has more to lose as leverage leans more to the US.

Donny must really want another spanking from the Chinese. I'd have thought he'd have learned after the Chinese went after his ignorant base with its recent round of tariffs. Alas, Donny is at least as ignorant as his cheerleaders.

I think it’s about time we have a President that stands up for the country, the last 3 Presidents sold America down the drain, so is it a risk, it is, but going down the same road to allow China to continue the same unfair trade practices, not acceptable. Trump has had this attitude since I can remember, I was still in High school when he was teed off about the Japanese and later China, he campaigned on this and it was expected (at least from his supporters) so it’s a bold, refreshing and great move, someone needs to hold China accountable and that hasn’t happened until now.

just found out a lot of canned italian tomatoes come from china. that will increase the cost of my pizza or pasta 25%, even though i am not chinese or italian or american. life sucks.

USA can sell spot bean to. Japan more than to China. Miso and Toufu use soybeans.

USA can sell spot bean to. Japan more than to China. Miso and Toufu use soybeans.

It already does plenty.

These complaints are whiny. If you don’t want to transfer your technology to China then don’t share it and keep it a secret.

Go for it Donald, do not back down. Offset those huge trade deficits. There is nothing that America cannot make. America can also produce all the food it needs and even enough to feed much of the world.

You are doing the right thing. Demand free trade. America for years, has been had. You are doing the right thing to get a fair playing field so that there will indeed be free trade.

Presuming a $100 billion retaliation, still leaves another $300 billion Trump can target.

Markets are taking, my 401k and stocks a mess

Back in 2016, the Dow Jones was 18,000, its now 24,000 from a peak of 27,000. So you're saying you would rather have it back at 2016 levels? I recall 2016, the sky did not fall.

Well, we also remember during Trump's campaign claims and since becoming president about how he was going to help the coal miners get back to work. Not working, coal consumption continued its steady decline.

Oh, so you think that these coal minors are going to run into the open arms of the Democrats? Doubt it, by the way, what will the Dems run on, it’s already April and I didn’t hear anything of substance from the left and how they would and could take better care of the blue collar worker.

But China also has alternatives like soybean from Brazil or another grain for its pig feed. I doubt China would introduce a 25% soybean tariff unless it had a plan B for other sources. Trade wars are never equal.

Brazil could never meet the demand that the US produces, that’s one of the reasons why they’re so ticked off, the trade wars are never equal, but if China wants to play hardball, the US can do exactly the same. Had the other last 3 Presidents put the brakes on China, we wouldn’t be in this mess and good on Trump for taking a stand, this is no secret to his base, he campaigned on it, when I went to one of his rallies, he got raving applauses about it, so they know and they want an end to China’s bullying.

Since 2012, China has become the predominant market for U.S. agriculture exports, accounting for 16% of U.S. agriculture export value in 2016. China is the largest buyer of American sorghum products. It imported about $960 million worth last year.

All the more reason Chinais scared and taken a back to what Trump is doing, they don’t like it, they were used to bullying and pulling their weight around the world and Trump said, No more and he’s right.

But certainly Trump has very few people behind him in his economic war.

He’s got the military and over 100 million that support.

This war is going to hurt the very people that support him. Those farmers growing soy beans are probably ready to boot him out of office.

Most of those farmers know this could happen and that’s why they voted for this President.

The Walmart shoppers are going to be angry that they have to pay more for imported Chinese goods.

Most Walmart shoppers are not exactly Trump supporters.

Whatever Trump can do to lessen his support is fine by me. The US couldn't have elected a more unqualified president than Trump.

That’s your opinion. Millions think differently.

Yeah, get tough on China and watch China react in a way that harms those people in the "heartland."

Yeah many of the contries that will fill that void, should that occur. There is no other country that produces as much soybean on a level as we do, either way, China will equally get hurt by it. Thank God this President has the backbone to stand up to them. Weasely Schumer thinks so. He’s changing. Kudos.

They won't be thinking getting tough in an ignorant way was very good when they lose their butts from lack of a market. ROFL!

If That happens and as always, there is someone else that will fill that void. So let’s do it. I’m a gambling man.

Boeing plane order that China needs filling in the next 15yrs, time to dump Boeing shares and buy Airbus. LOL

Probably won't happen as China is a huge fan of American technology, always has been.

*Dems just need to get back the 1000 legislative seats they lost.  **no they just need one or two more seats in congress, the way that Trump is fudging everything he touches that seems more likely than unlikely*

At the same time, the GOP have a good chance of picking up seats in 10 States where Democrats are vulnerable in Trump areas where he won. Goes both ways. It's not a done deal, not even close. Besides, what is the Democrat message, what will they run on? Hating Trump? Yes, that will feed peoples belly's and put more money on peoples tables.

They already do, and it could also increase crop production if the demand goes up. Brazil are the world's second largest grower of soybeans.

There is no way that Brazil can meet that kind of demand in the long term and even if they did, there are so many other countries that are willing to fill the void SHOULD this trade war kick off. Vietnam, other South East Asia, Columbia, Argentina, more than enough potential buyers, but focus for a moment, China doesn't have the upper hand in this, both of our countries are so connected financially, that it's a washout the China needs the US just as much as the US needs China, we are their biggest consumer of their junk and if we're out, nighty night. So yes, it's a gamble, but a necessary one that should have happened a long time ago and thankfully Trump is holding their nose to the fire and let's see if China wants to play fair or if China wants to feel pain. Their call.

If these tariffs actually go into effect, I hope the millions of Americans who are negatively affected from them hold Trump accountable.

I doubt it, one of the other reasons why many in the heartland supported Trump was because of his get tough on China promise, so if anything, most applaud this, even weasely Schumer and that stick on CNN Zakaria what a shock.

Obama and his economic team saved us from a full-blown depression and brought us out of a recession to a growing and stable economy

Yes, in the beginning he did and after that it was a slug fest for the remainder not even a 3.0 GDP they talked to China privately, slap on the hand, “bad China” but that’s it.

and so many Americans never gave him any credit for it (in fact, just the opposite!)

Gee, I wonder why?

Only 44% of the military support Trump. Most Registered Voters Wouldn't Support Donald Trump in 2020.

Yeah and you know because CNN said it?

Donald Trump once joked, "I could stand in the middle of Fifth Avenue and shoot somebody and I wouldn't lose any voters." Around 15 percent of Americans say that they approve of Trump and that "there is almost nothing he could do to lose their support," Guess you are one of the 15

Has it ever came to your attention that Trump likes to poke the media as much as they like poking him?

No they didn't. The uptake will benefit the Brazilian soybean farmers.

No, they did know, I went to a Trump rally in Florida before he was elected and I met a few farmers that always called out China and supported Trump on that alone.

Leaving soybeans alone is probably the smarter choice for China as it would be virtually impossible to shun the U.S. product altogether, though that was not necessarily the expected outcome. 

Besides, a reduced dependability on U.S. soybeans would require increased involvement from competitors Brazil and Argentina, which either do not have the supply or the incentive to significantly ramp up their export programs, at least not in the short term. 

In 2017, soybeans accounted just over half of the dollar value of all U.S. agriculture-related exports to China, the total of which was about $24 billion.

That's your opinion. The facts say differently.

Liberal facts always do, that’s why they are funny.

Nope never watch/listen/read CNN for more than 10 years so I don't have a clue what they they say about anything.

So where then?

Most of the Florida soybean production goes to domestic biofuel and not exported to China.

Beg your pardon?

According to the latest trading data from International Trade Centre (ITC), in 2016, the USA exported about $22.9 billion worth or equivalent of 57.8 million tons of soybeans to the global market, representing approximately 43.8% of the world’s total soybean supplies in that year, making it again the world’s largest soybean exporter. China has been the largest importer of soybean from the USA over recent decades; over 31 million metric tons of soybeans are exported to China every year, representing over 62% of the US total soybean exports per annum. Other major importers of the US soybeans include Mexico, Japan, Indonesia, and the Netherlands.

https://www.bizvibe.com/blog/us-soybean-market-worlds-largest/

Like I said, because the soybeans are GM it's only used for pig feed and not human consumption so there are many alternative for that. Soymeal will not have tariffs but that will force additional labor and costs on the farmers already operating on tight profit margins

Uh-huh...

Over the recent years, the organic soybean market has experienced the fastest growth rate among all soybean segments, mainly driven by the fact that soymilk and tofu, as the main food source for dairy-free and meat-free diet, have been widely recognized for their health attributes.

And then Zichi comes back with facts. ROFL. Oh, look! Another republican resigns. Will a dem flip yet another seat?  

Ok and what? Right back at cha. Lol

Remember, it happens to both sides, Dems just need to get back the 1000 legislative seats they lost.

http://www.newsweek.com/colorado-democrat-ousted-sexual-harassment-sought-revenge-his-party-way-out-846657

In 2017 Florida State produced about $4 million of soybean but the total exported amount by America is as you said about $24 billion. A very tiny percentage for Florida.

That wasn’t my point.

with China the largest importer at about 30 million tons

That was my point, nothing more, therefore a trade war would hurt both sides equally, I’m not saying anything other than that. So if China is smart, they will come to the table and accept, there are No more free rides.

I questioned what you thought you knew about meeting a few Florida farmers and granting them so kind of national significance.

Because most farmers I’ve met through the years complained about China on so many levels, you have No idea, that’s what I base it on. I just like to get to the meat and potatoes and just skip the buffet, Zich.