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Trump turns up the heat in trade conflict with China

16 Comments
By Heather Scott

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16 Comments
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Goid luck with North Korea.

0 ( +4 / -4 )

America will pay dearly for this idiot..

0 ( +5 / -5 )

America will pay dearly for this idiot..

-2 ( +3 / -5 )

Does this mean red MAGA hats will cost more?

This is going to hit the Trumpumkins right in their Walmart!

He's so dumb he doesn't realize it is American consumers who are going to foot the bill.

3 ( +5 / -2 )

Goid luck with North Korea.

You're asking the right to understand that actions in one area may have effects on their interests in other areas. I think you may be giving Trump and many of his people too much credit, in thinking that they can understand this.

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The things that the USA imports from China are luxury and unnecessary items for most Americans.

https://www.weforum.org/agenda/2018/03/this-is-what-the-us-imports-from-china/ has a list. Top items, in order:

cell phones and household goods.

computers

telecom equipment

computer accessories

sporting goods

Americans don't buy a new cell phone every month or a new blender or new computer or new router/switch. These are occasional purchases which are price sensitive unless you have lots-o-money.

Computer accessories like flash memory, speakers, keyboards, mice ... we don't buy monthly either. Flash memory is already so cheap as the price doesn't matter. SK and JP will will any gaps.

Summer is over, so sporting goods season is ending for the most part, unless football equipment is made in China? That equipment isn't usually bought by families and certainly not monthly.

The remaining items are all cheap stuff already, so a 25% tax won't make much difference to American families over some plastic toys or metal door stops.

In case there was any confusion, this is all discretionary spending.

-1 ( +2 / -3 )

SuperLibToday  08:06 am JST

Good luck with North Korea.

You actually believe China is helping us regarding North Korea?

-2 ( +1 / -3 )

You actually believe China is helping us regarding North Korea?

Whether they are or not is up for grabs, but Trump is giving China incentive to help North Korea if not just to spite Trump.

-1 ( +3 / -4 )

Since China abuses intellectual property rights, won't open it's markets to foreign competition, and is moving to a NK style dictatorship, not to mention pollution, lack of workers rights, etc. etc. it's about time the US stopped paying for them to abuse the world more.

Thirty years ago we were sold a pig in a poke that shipping jobs to China would result in a better world. How's that working for you now?

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StrangerlandToday  09:29 am JST

You actually believe China is helping us regarding North Korea?

Whether they are or not is up for grabs, but Trump is giving China incentive to help North Korea if not just to spite Trump.

China's incentive to help North Korea has remained unchanged since 1950, 66 years before Trump became President. Their policy would remain unchanged with or without Trump.

-2 ( +1 / -3 )

China's incentive to help North Korea has remained unchanged since 1950

Who was talking about incentive. We are talking about what's happening. That incentive, along with various others, determine what is happening. Not just a single metric by itself.

-1 ( +3 / -4 )

China - stop making those MAGA hats, Trump ties and Ivanka shoes. That would really pee off the man-child.

3 ( +5 / -2 )

Why should China ever help U.S. over North Korea!? Odd idea!! Is Chinese paramount leader want to see the yankee cannons alongside the other banks of Yalu river!? It was Trump being stupid to link trade and Korea together ! His dipolmacy of trade war has no brain but I would like him doing more irrational things. His trade war firing at every country will brought a severe damage to her alliances! Carry on the resistance stay calm!

0 ( +2 / -2 )

Oh my...

Business confidence is off the charts: Peter Navarro

White House Director of Trade Policy Peter Navarro discusses the August jobs report and how President Trump threatened to hit China with tariffs on $267 billion worth of goods.

https://www.youtube.com/watch?v=wFfghPVqRGI

-1 ( +3 / -4 )

StrangerlandToday 11:06 am JST

China's incentive to help North Korea has remained unchanged since 1950

Who was talking about incentive. We are talking about what's happening. That incentive, along with various others, determine what is happening. Not just a single metric by itself.

You are:

StrangerlandToday 09:29 am JST

You actually believe China is helping us regarding North Korea?

Whether they are or not is up for grabs, but Trump is giving China incentive to help North Korea if not just to spite Trump.i

Have a nice day,

2 ( +3 / -1 )

This is all have to do with the Section 301 tariffs. This approach is not exactly a secret but most of the financial media are feeble-mined about the bigger picture of this economic stratagem where CCP's connection to current ongoing negotiations with NoKo's Kim Jong. I digress.

The proffered tariffs are supporting action to counter China’s unjustifiable trade engagements connected to intellectual property, innovation and technology transposition based on the research results of Lighthizer's investigation of China under Section 301 of the 1974 Trade Act.

The issue is not "if" POTUS will apply the Section 301 tariffs, but instead of "how" and "when"?

Trump is the only one that knows the answer to that because everything about the bigger picture blueprint is only known by the person making the final critical decisions.

The intentions are apparent: create a leverage a more equitable, fairer, and more reciprocal trade arrangement with Chairman Xi. As a byproduct, it established regional/national security for S.E. Asia with a stable, denuclearized Korean peninsula.

Section 301-tariffs is essentially a negotiating tool to create leverage, nothing more. POTUS is ensuing a very logical progression with multiple coinciding actions. Finalize the N. American trade bloc using Mex-Merica conditions (optionally with Canada); then hone in on the European Union trade components, probably having a bilateral compromise with U.K. simultaneously; then finally shift to Asia and deal with China specifically.

POTUS advancing trade/economic docket has collective fronts all quarterbacked by Trump and negotiation all-star teams composing of Wilbur Ross - Secretary of Commerce; Steven Mnuchin - Secretary of Treasury; Robert Lighthizer - Trade Representative; with consultations and guidance from Larry Kudlow - Director of NEC and Peter Navarro - Trade Advisor

Each members a specific regional role to play for strategizing, analyzing as well as critical evaluating of economic/trade elements. However, the bigger picture and longer term horizon of the direction of the team's objective is coordinated by none other than, Trump himself.

1 ( +1 / -0 )

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