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© (c) Copyright Thomson Reuters 2019.Trump says China trade deal coming; Beijing calls for resolution of dispute
By Jeff Mason and Yawen Chen BIARRITZ, France/BEIJING©2024 GPlusMedia Inc.
38 Comments
quercetum
There is no trade deal coming. Trump’s time is growing short and the Chinese probably thinks the next President will be more trackable. This will go into the primaries next year and beyond.
PTownsend
Over/under on how many days until he flip-flops on his prediction?
Would that include the businesses Trump/Ivanka, Inc. have arranged? Or because they made their personal deals with Chinese Communist Party (CCP) oligarchs, would they be exempt.
bass4funk
Seems like the paper tiger is folding.
“China wants a resolution to the dispute” that would mean they hurting and badly and want an end to this trade dispute so it’s coming from their end, that’s a good sign.
Like Biden, Hillary and Feinstein...
Yawn, it’s like the Russia, Russia, racist, racist, Stormy, Stormy rant, no one is listening to that rant, it’s falling on deaf ears...
Sh1mon M4sada
@quercetum
There never was a 'trade deal' coming for China, not under the old TPP and certainly not under Trump. It's always going to be about a level playing field and cessation of IP theft. China thinks it's about trade, but they'd be mistaken.
I can't see a deal coming soon between USA and China unless the Chinese can stop state subsidies, avoid IP thefts, fully float its currency, reciprocate direct foreign investment rules and not weaponise trade for political gains.
IloveCoffee
Trump is an egomaniac with flawed understanding of economics. He thinks he can run "The Economy" like a business. If he orders US companies to not do business with China, Walmart shelves will be empty, and the American middle class won't be able to buy a toilet paper. There are hundreds of thousands, if not millions of jobs that exist because of trade with China. The US economy will completely crumble and fall into deep recession. Millions of Americans are on life support of cheap imports, if you take that away from them, they will go from lower middle class to poor over night. Trump doesn't care about non of that, he just want the economic figures to go up so he can "win". It's all about his ego.
China needs to stop buying foreign treasuries and subsidizing their companies so that the Yuan can go up in value and their own people can have higher purchasing power, then they would be able to consume the goods that they produce instead of exporting them and benefiting few State owned companies. That's easier said than that. The fact that, supposedly a small group of powerful man cannot implement something so simple tells you how much opposition there is from the vested interest groups that benefit from the status quo.
The CCP is not some monolithic party ruled by a King like so many people seem to believe. Like any other government, there are all sorts of competing groups with vested interests. All those State owned companies benefit certain groups of people, and those groups will fight to the end to preserve the status quo. People think China is Socialist, no, that's Capitalism, but Capitalism with so much State involvement leads to Cronyism and Oligarchy, as we are seeing to a lesser extend in America, and that's what is also happening in China. They need to pull back the government involvement and let these giant corporations fight with each other for people's money, rather than fight for political favors with people's money.
So many people think the government can "tame" corporations. Anyone who thinks that has no understanding of history, and is delusional. Any government that tries to "tame" developed industries will get tamed instead, and by tamed i mean bribed into oblivious. Big corporations love regulations, they hate free markets, because they hate competition.
lincolnman
Donnie is desperate - he knows the Trump Slump is coming and he's trying everything, in vain, to try to stop it...
You'll own it Donnie - just give it up now - save yourself the humiliation of a big beatdown in 2020...
Chip Star
Donny says a lot of things, very few of which are accurate or truthful.
Chip Star
No, this is not a logical inference from what China said. The US also wants a resolution to the dispute. Does that mean the US is hurting and badly?
Like Biden, Hillary and Feinstein...
The white flag of surrender.
SuperLib
OK Trump. Let's see what you can do. I have zero faith in you since you have zero accomplishments on the world stage.
Prove me wrong.
Dango bong
the US wins no matter what. Negotiations 101: the side that needs the other side more always loses. Pretty obvious the Us does not need anyone. It would be nice to have them but we don't need anyone.
Strangerland
Um, no that’s not correct.
As someone who does negotiations for a living, I truly wonder if you’ve ever done any negotiations after reading that.
But hey, for giggles, let’s pretend it’s not incorrect. How does China need America more than the opposite?
bass4funk
So is China, they called, they want to settle this, they should.
Just as Xi is feeling the strain now as well, good.
Yeah, Billy Bush will bury him, Hillary will win, Mueller is going to put him in an orange jumpsuit, Stormy will end it all for him, Cohen’s got the goods, The Squad is going to end him, the so called recession ok, so now it’s Xi? I’m just waiting to see what and who’s next for liberals failed cheerleading to rally behind. ROFL!
bass4funk
Biiiingoooo!
CrazyJoe
Trump is begging Xi to let him back down while claiming a victory. He has nothing to offer but bluff, bluster, and a need to win each news cycle. Watching him rail against his domestic rivals on the world stage, while resorting to his weird "fake news" authoritarian crap, is nothing less than embarrassing and unsettling.
Time to end this nightmare, and make the Republican enablers and supplicants pay.
I wonder when our naive Midwestern farmers are going to stop buying his malarkey - - pre- or post- bankruptcy?
PTownsend
Posters who've often written about their disgust for those three are now including Trump in with them. Another example of Trump's bass deserting him.
Thanks for the reminders of Russia's 'meddling' in the election, Trump's racism, and Stormy.
rgcivilian1
re: Trump is an egomaniac with flawed understanding of economics. He thinks he can run "The Economy" like a business. If he orders US companies to not do business with China, Walmart shelves will be empty, and the American middle class won't be able to buy a toilet paper. There are hundreds of thousands, if not millions of jobs that exist because of trade with China.
WalMart shelves will most definitely not be empty, and the American middle class after what is left from the Obama Admin and Clinton Foundation have plenty of other sources to procure products from aside China. It is China who will suffer the most as is visible everyday as the world will stop going to China to buy cheap junk including that worthless toilet crumbling paper before one can use it. The thousands of millions of jobs are all in China and most definitely not in the US because of China. Furthermore the US does not need or expect trade with China. While the media is all hyped about this in reality for both countries it is simply much ado about nothing except bring the world closer to one world government in line with the UN GDS plan for 2030.
Both countries are pawns in a much bigger trade picture.
Pukey2
Waiting for the 180 tomorrow.
bass4funk
What? Is that the new CNN talking points? Lol
You mean, the media needs to attack in order to keep their heads above water. Case in point, Cuomo is angry that Trump hasn't aged like other Presidents, this is how low that network has sunk.
Great!! That means he’s doing the right thing if liberals get upset.
How?
Ok...uh...lol
bass4funk
Nice try, nice try...
Since none of that garbage worked, what’s next on the menu of Democrat failed ploy?
vanityofvanities
When USSR fell, it appeared the world became nearly all capitalism countries America being the champion of the world. It did not last long and China is challenging America with a different new economic system - hybrid of communism and capitalism which proved efficient and successful so far. Japan took 30 or 40 years to build Narita Airport showing inefficiency of democracy. China could have built it in several years. All their lands are not owned by individuals but by the communist government. Chinese are wise people. They will grow and the world will be under the two leaderships - U.S. and China. So, it is not simply a trade issue but hegemony strife between the two countries.
quercetum
Yes, like I said there is no trade deal coming up for whatever reasons It’s only how the US/Trump wants to concede is this end game, and Trump will have to sort that out with the tech world. He tries to block Huawei, chipmakers balk at the idea and gets an extension. Sept 1st tariffs gets push back to December 15th. Edict for American business to get out of China on Friday, a few days later they should stay and do their best there. Xi is an enemy on Friday then a great man on Monday He says he has second thoughts on trade war with China, then staff translates he regrets not raising tariffs higher (he can still raise them.) Buy Greenland. Cancels Denmark visit. Nuke hurricanes. Countries are just waiting for the next President. Abe is the only one respectful to Trump and that’s only a Japanese tatemae respectful and Abe has few alternatives.
Being President isn’t what Trump expected. He thought it would be endless pageantry and deference from everyone. He likes the rallies, the July 4th parades with military display, the attention the press gives him, the salutes from the Marines, the sumo and sake wine and dine in Tokyo - and he hates the work. He never knew how to negotiate, all he knew was to say “take it or leave it”.
He never expected the investigations or that Congress and the Courts would fight him on his agenda. He never knew what being President actually entailed, what was expected of the person in the office - all he knew was the superficial and what he saw on TV.Being President is stressful and Trump has never had to really deal with stress before on this level, and he might still face criminal charges.
Trump is 73 years old, in poor health and obese. He probably doesn’t exercise and he is constantly in a rage. He shows signs of dementia (which is what killed his father) and the constant stress and opposition is destroying the carefully crafted façade built around his narcissistic ego. In response he has become paranoid and delusional - and I expect things to get worse as the walls close in.
I have thought that Trump might have a major health crisis before the end of his term. Now I wonder if he might not suffer a psychological break, either in addition or instead.
Trump’s behavior has become more bizarre in recent weeks - but it hasn’t become nearly as bizarre as it will as the election approaches and the pressure on him mounts.
Serrano
Trump is 73 years old, in poor health
He's 73 but he's not in poor health. Even Chris Cuomo complains he doesn't seem to age, lol.
bobfor2
This will be very interesting, Trump is not a real politican, he is a business man
lincolnman
It's easy to find....for those that try....
https://www.intelligence.senate.gov/sites/default/files/documents/Report_Volume1.pdf
lincolnman
Why don't you take a little personal responsibility and go through the 59 pages of the REPUB Senate Select Committee report and see for yourself? That's what I did...
JJ Jetplane
@lincolnman
@Mr. Noidall
Even if Russia tried to interfere with the election, it was still on the people to go out and vote. Russia did not win the election for Trump and Trump did not win the election. The Democrats shot themselves in the foot by seeking glory. The people continuously selected Sanders over Clinton. No matter how many chances Clinton received, she continually failed the people. Then the Democrats failed the people by going with Clinton over Sanders. The democrats alienated a lot of their voters because they wanted to make history by saying they were championing women rights and advancement as well as those of African-Americans by being the first to have an African-American President as well as a woman President elected. Every poll, including Republican polls showed Sanders beating Trump by a landslide and had Hilary neck and neck, beating, or losing to Trump. At the end of the day, the Democrats damaged their own election more than the people did. Many people saw Clinton as a bigger evil than Trump. So a lot of Democrats also voted Republican or didn't vote at all. A lot of Republicans that would have voted for Bernie also voted for Trump.
lincolnman
Well, I'm confused - I give you several references to include one on Fox News, yet you want me to explain it to you?
You prefer my explanation over Fox?
bass4funk
@Lincoln, listen to the voice of reason. All liberals should heed this, but they don’t and they’re fallIng into that conundrum trap again.....oh well, there’s always 2024.
Toasted Heretic
The Russian group, the Internet Research Agency, had a monthly budget of $1.2 million to fuel what the indictment called "information warfare." The operation was divided into departments including, a data analysis department, graphic designers, finance department and an information technology flank. The indictment — part of Mueller's ongoing probe into Moscow's election meddling — charged 13 Russian nationals and three entities in the scheme.
Also:
The Internet Research Agency employed hundreds of people, which they called "specialists," to create fake social media accounts, particularly on Facebook, Twitter and Instagram, that would appear to belong to ordinary American citizens, according to the indictment. Throughout the 2016 campaign, the "specialists" created thematic groups on social media, touching on topics such as immigration, the Black Lives Matter movement and religion to sow discord in the election, the indictment said. The accounts were primarily used to disparage Clinton while supporting Sen. Bernie Sanders, Clinton's opponent in Democratic primary, and Trump. They were also used to push false allegations of voter fraud and boost certain hashtags: #Trump2016, #IWontProtectHillary, #TrumpTrain and #Hillary4Prison.
More here
https://www.nbcnews.com/politics/politics-news/information-warfare-how-russians-interfered-2016-election-n848746