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What Trump and you espousers of his policies don't seem to get is that China is a dynamic nation of 1.4 billion people. You want to shut out China from our markets completely. Well that's exactly what they are doing to us right now and various producers and exporters are taking big hits. For what? What is Trump's and your end game? Tell me what constitutes a win for us.
An equitable playing field. We already are mostly shut out yet we give them open access.
I think you are mistaken, the Chinese will skip a meal every day just like the North Koreans do if they are ordered to do so. The Chinese government dictates pretty much everything including what companies will produce and how much of it. They can redirect a labor force any time they choose. It would take at least a few years to transition from a Chinese manufacturer to one in Vietnam or Malaysia. It's a funky system to live in, but it works out just great in situations like trade wars.
Yes, a few years. That precisely supports what I said. China's pain will increase in a few years while ours will decrease. Right now represents the best position they will ever enjoy in this trade war.
Another bare faced falsehood.
Nobody's starving in china over the tariffs. China is now purchasing their soybeans from Brazil. Beef from Canada, Natural gas from Russia and on and on. Trump destroyed those markets for the US agriculture industry forever.
Farmers know this.
MAGA hatters don't. They are blind and cannot see.
But all are items that could easily be made in Vietnam or Malaysia or elsewhere.
China is the one who cannot play long term. They have to get us to fold within a year or two or they are toast. Their whole leverage rides on the massive inertia established in the trade imbalance. As companies shift production from China to other places (if not the US), our need for them as a trading partner diminishes. Our imports from China decreased 12% last quarter and China is no longer our top trade partner, now second behind Mexico. By end of the year they will be third. Rare earth element production has restarted in the US. Devaluing their currency also means their revenues drop steeply.
China may be able to hold out for 2020 in hopes Trump will not get re-elected but if he does they are screwed.
Actually Canada is the second largest trading partner.
What Trump and you espousers of his policies don't seem to get is that China is a dynamic nation of 1.4 billion people. You want to shut out China from our markets completely. Well that's exactly what they are doing to us right now and various producers and exporters are taking big hits. For what? What is Trump's and your end game? Tell me what constitutes a win for us.
I'll tell you one thing though, china has a very dynamic and modern manufacturing capability across all spectrums. You give a Chinese manufacturer a drawing on a napkin in a bar and he'll have his engineers 3D CAD it out by Wednesday and have a fully working prototype on your desk be Friday and then he'll promise you 100,000 units a month in 30 days.
Have no doubt. China will be an equal if not the dominant manufacturing force in 10 years and those 1.4 billion people that all have jobs will want things to buy and they will have the money to spend.
Trump's policies will effectively shut us out from that 1.4 billion customer market. For What? What is Trump's end game? What does he want from China that will make open trade a normal process like it always has been?
I'll bet nobody can even tell me what a win against China would be.
The bolded is not hyperbole. A friend of mine describe a part he was considering at supper with his Chinese hosts, and a prototype was in his hands at lunch the next day. He still doesn't know how they did that.
The bolded is not hyperbole. A friend of mine describe a part he was considering at supper with his Chinese hosts, and a prototype was in his hands at lunch the next day. He still doesn't know how they did that.
Yep.
My career is in staging and production. I know this is the truth. Trump and his minions have no Idea how far behind the ball they are. They see China as a major threat. China see's Trump as a flea on an elephant's back.
And still, the question, 'to what end are we doing this?' What does a win look like in the Trump Administration's mind?
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