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Chinese team heads to Washington to salvage trade talks

22 Comments
By JOE McDONALD

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22 Comments
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Hiw many trademarks will Trump and his family secure whilst the Chinese are in town?

3 ( +5 / -2 )

I am enjoying watching the Chinese on the ropes for a change...

1 ( +6 / -5 )

I am enjoying watching the Chinese on the ropes for a change.

No doubt. You know it’s serious when both party leaders like Chuck Schumer and Lindsey Graham are in agreement and push and support the President to hang tough with China.

-3 ( +3 / -6 )

The Trump administration wants to keep tariffs on Chinese imports to maintain leverage over Beijing.

Will these apply to Ivanka's various Chinese connections? Supposedly she and Jared don't get salaries for their White House roles, but it looks like they're being well compensated having daddy's people making deals that benefit them. How about daddy's own businesses in China?

Ivanka Trump Shoes & Clothing Suppliers In China Get A Break From Her Dad’s Administration

https://www.bustle.com/p/ivanka-trump-shoes-clothing-suppliers-in-china-get-a-break-from-her-dads-administration-9699770

How many trademarks will Trump and his family secure whilst the Chinese are in town?

Not just in China, but all along the Belt and Road.

-2 ( +1 / -3 )

No doubt. You know it’s serious when both party leaders like Chuck Schumer and Lindsey Graham are in agreement and push and support the President to hang tough with China.

I do hope so. I may disagree with Trump on almost everything, but I do support his confrontation with China 100%. And this trade war has shown that the chinese are the first ones to blink if they perceive the other side to be serious.

3 ( +4 / -1 )

Quoting from Paul Krugman, Nobel Laureate in Economics, in the NYT of May 7th, 2019:

"So if you're trying to make sense of what's happening on trade, you should start with the basic point that Trump has no idea what he's doing, that there isn't any coherent U.S. policy goal."

..."One thing is certain, however: If we do get into a full-scale trade war, for whatever reason, it will be very hard to end it, and the world economy will never be the same."

One year and eight months until the end of the Trump debacle.

-2 ( +2 / -4 )

Krugman has been wrong this time. To make sense of Trump one must start with the assumption that he is not a mad man, in spit of his many antics and theatrics. Democrats will regret for their wrong understanding.

1 ( +3 / -2 )

I agree with the above posters. As much as I dislike Trump and do not necessarily see him as being fit for office I think this is the right call. At some point in time someone had to address this issue with China.

5 ( +6 / -1 )

China sends delegates, America sends aircraft carrier battle groups. One is easily sunk with many lives lost. They other can give hope and prosperity to both sides.

-2 ( +1 / -3 )

I try not to insert myself into threads related to the U.S. and Trump, mainly because of the strong views most commenters have on Trump.

However, in this case, I must weigh in.

I have no issue with anyone that detests Trump. For any number of reasons.

A rational person, though, would not let that cloud the facts on any given issue.

And in this case, the actions of China, their ruthless mercantilism, and the impact it has across the globe cannot be ignored.

They are not the "good guys" here.

And saying that does NOT mean you have to love Trump.

China needs to be held accountable. And if Trump's actions do that, then so be it. Doesn't mean we have to like him.

4 ( +5 / -1 )

If you follow US politics closely, you'll realise Trump is less than 1% of all this. It's really a battle between the corporates that has shifted jobs to China and those that can't or don't wish to shift jobs to China.

For decades (especially under the Bush'es), jobs exporters held the reins in congress (and they really are the cow boys of globalisation heading west to exploit cheap labour). This was all at great expense to the tech/IT industries, but now the tide has turned...so other countries had better pick their sides carefully, or be washed away with the changing of the tide.

Japan should really be extra cautious, because balancing China could mean Chinese goods (originally intended for USA) flooding its market when US tariffs kick-in. Or siding with the US and putting up its own tariff barriers against China could mean a retaliatory barrier against its own export.

What I don't get though is how nice the US team all are when releasing their PR to the media when it really comes down to Chinese wholesale mercantilism, thievery, and state subsidised economic warfare. Why can't they say it like it is?

-2 ( +0 / -2 )

China needs to place a 100 percent tarrif on all American agricultural goods. Hit the American back harder!

-5 ( +0 / -5 )

China needs to place a 100 percent tarrif on all American agricultural goods. Hit the American back harder!

And starve its own people?

Easier said than done. I don't like where it's all heading at all, Reuters is reporting that China is backtracking on most of its previous promises, ie they're just wasting time to shore up their defences whilst they can before the big trade war erupt.

Just wait for massive wave of Chinese products to flood every other nation that doesn't put up a tariff wall.

0 ( +1 / -1 )

Shimon, China will buy its food from other countries. The USA is the bully of the world!

-2 ( +0 / -2 )

Ya, it will likely require a trade war to get China in line. They have taken advantage of the U.S. for decades. No more.

0 ( +2 / -2 )

Serrano, you understand the "Great" depression started with a trade war? It was started by the USA. So history is set to repeat itself.

-1 ( +0 / -1 )

Which "Great" depression are you referring to?

-1 ( +0 / -1 )

A Chinese delegation is headed to Washington to salvage talks aimed at resolving a dispute over China's aggressive push to challenge American technological dominance. Negotiations are set to resume Thursday.

China confirmed Tuesday its economy czar, Vice Premier Liu He, will lead China's delegation, ending speculation that he'd skip the talks or that the Chinese team would back out altogether.

This certainly sounds as if the Chinese are finally serious about negotiating/re-negotiating their trade talks with the U.S..

-1 ( +0 / -1 )

Serrano, you understand the "Great" depression started with a trade war? It was started by the USA.

What? No. Simply put, that's not fact, historically accurate, or even an academic opinion.

http://www.ushistory.org/us/48.asphttp://www.ushistory.org/us/48.asp

Unregulated banks, a middle class purchasing things they couldn't afford, 1% owning over a 3rd of the nation's wealth, and a war ravaged struggling European economy led to the great depression,

1 ( +1 / -0 )

arrestpaul, the depression of the 1930's.

https://www.thebalance.com/great-depression-timeline-1929-1941-4048064

0 ( +0 / -0 )

That great depression was the result of several bad financial, and government, decisions, including the unscrupulous actions of investors such as Clarence Hatry. Regulations have been put in place by the U.S., England, and European nations which insure that a similar situation will not reoccur.

0 ( +0 / -0 )

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