The coming trade wars with China

462 Views | 8 Replies | Last: 13 hrs ago by concordtom
Cal88
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China has started retaliating for the sanctions imposed on its import of critical technology like chip-producing machinery from ASML, restricting the export of minerals including galium, germanium and antimony.

This is a very good short summary:

going4roses
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Who is to blame ?
"Tedious Repetition of routine actions are what make us great"
Cal88
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Anarchistbear
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China in the US are joined at the hip. Apple exemplifies this and will lobby and win concessions from Trump as will others. Business will carry the day, both sides
concordtom
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Anarchistbear said:

China in the US are joined at the hip. Apple exemplifies this and will lobby and win concessions from Trump as will others. Business wooo carry the day both sides


How much will Trump expect to be paid for said concessions?




I mean, That's why he's in this game.
As example, he previously was against TikTok, but now clearly sees an opening to extract some more "concessions".

It's so obvious it's laughable. Maybe he can parlay Tiktok into a $2B investment fund for Don Jr, adjusting Apple related tariffs into a $2B investment fund for Eric.

What will Tiffany and Baron get?

Quote:

Two weeks before the Supreme Court is set to hear oral arguments over TikTok's future, President-elect Donald Trump has asked the justices to delay a Jan. 19 deadline for the app to be sold to a new owner or face a ban in the U.S.

An amicus brief filed by Trump's nominee to be solicitor general, John Sauer, is asking the court to grant a stay delaying the deadline so that the incoming president can work out a "negotiated resolution" that would save the app.


The filing casts Trump as someone who "alone possesses the consummate dealmaking expertise, the electoral mandate, and the political will to negotiate a resolution to save the platform while addressing the national security concerns expressed by the Government."

Trump originally tried to ban TikTok in his first term, but has since reversed course, vowing during the 2024 presidential campaign to "save" the app.



Oh, gee. I wonder why he's flipped his stance on TikTok.
Well, hell, it's written right there in the briefing! "Dealmaking"!
Pfft. He wants to wet his beak.
"Supreme Court, make me the new arbiter here. Voters made me the arbiter on everything from 2025-2028, but that's not enough, gimme the old 2024 stuff, too. I'm sure I can make some money off that."







In actuality, Saudi concerns were Pre negotiated when the arms sale deal went through, and when the Kashoggi embassy assassination investigation was quieted down.
Cal88
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Some data points from the video:

-China's share of world production was 6% in 2000, rising to 50% in 2030.

-China's trade surplus with the US is $340 billion.

-Share of exports to the US as percentage of China's GDP: 8% in 2007, 2.3% in 2024.

concordtom
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You mean, we only THINK we own them?
Boy, trump supporters are going to be bummed when we discover the tariffs did nothing other than hurt ourselves.

MinotStateBeav
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Cal88 said:

China has started retaliating for the sanctions imposed on its import of critical technology like chip-producing machinery from ASML, restricting the export of minerals including galium, germanium and antimony.

This is a very good short summary:


Sounds like a great time to get ourselves from China then.
concordtom
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Cal88 said:

China has started retaliating for the sanctions imposed on its import of critical technology like chip-producing machinery from ASML, restricting the export of minerals including galium, germanium and antimony.

This is a very good short summary:



My hunch:
He's been spending years trying to market Chinese manufactured stuff available for export, and then discovers that if he provides these "dispatches" he can get a bunch more eyeballs on his biz.

Great strategy.
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