Why Trump Faces a Losing Tech War With China
09-11-2024, 09:08 PM
09-11-2024, 10:52 PM
Donald Trump's claim that China will pay for tariffs is a blatant lie. The reality is that American consumers will foot the bill. Tariffs are a tax on imports, and that tax is eventually passed on to the consumer. It is important to understand the economic consequences of protectionist policies. Tariffs can lead to higher prices, reduced consumer choice and potential retaliation from trading partners. Trump's reckless approach to trade policy could have serious negative consequences for the U.S. economy.
09-11-2024, 11:54 PM
Typical loser mentality. Lazy and unwilling to work harder, instead they try to drag others down with them
10-11-2024, 05:10 AM
10-11-2024, 05:32 AM
Problem for Trump is thjs
1. Trump antagonise every other country especially its allies. None of them trust Trump or will play alone. Trump explicitly says that he js for America and what happens to allies he does care.
2. Today only 16% of China exports goes to US and the number js falling.
3. The US acting alone will have a limited impact on China.
4. Under Trump burning trade relations with every other country using tariffs will drive countries to trade with China
5.Under Trump, allies won't join the playbook.
Trump divides America.....there is no other president that brings such a high level of acrimomy and hate.
Trump divides the Western world and its values. ..he tramples over democratic values, rights and freedom.
Trump never had a good strategy. His first 4yrs were chaotic and disruptive.
My biggest concern is not what he will do to China but what he will do to the Climate and environment. The world took great effort and time to come to an agreement. He will tear it up and go on a path that will accelerate climate change.
1. Trump antagonise every other country especially its allies. None of them trust Trump or will play alone. Trump explicitly says that he js for America and what happens to allies he does care.
2. Today only 16% of China exports goes to US and the number js falling.
3. The US acting alone will have a limited impact on China.
4. Under Trump burning trade relations with every other country using tariffs will drive countries to trade with China
5.Under Trump, allies won't join the playbook.
Trump divides America.....there is no other president that brings such a high level of acrimomy and hate.
Trump divides the Western world and its values. ..he tramples over democratic values, rights and freedom.
Trump never had a good strategy. His first 4yrs were chaotic and disruptive.
My biggest concern is not what he will do to China but what he will do to the Climate and environment. The world took great effort and time to come to an agreement. He will tear it up and go on a path that will accelerate climate change.
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
10-11-2024, 10:05 AM
Japan faced the same situation b4. They exercised restraint and saved from starting a trade war. Today, China faces and brave the trade war and the World is watching how this trade war will end. The damages have already being done, next is to see who will cool down and if the trade war will b extended to the next 3rd WW.
Trading Economics: In China, employed persons refer to who performed some work for one hour during the reference period.
10-11-2024, 10:11 AM
(10-11-2024, 05:32 AM)sgbuffett Wrote: Problem for Trump is thjs
1. Trump antagonise every other country especially its allies. None of them trust Trump or will play alone. Trump explicitly says that he js for America and what happens to allies he does care.
2. Today only 16% of China exports goes to US and the number js falling.
3. The US acting alone will have a limited impact on China.
4. Under Trump burning trade relations with every other country using tariffs will drive countries to trade with China
5.Under Trump, allies won't join the playbook.
Trump divides America.....there is no other president that brings such a high level of acrimomy and hate.
Trump divides the Western world and its values. ..he tramples over democratic values, rights and freedom.
Trump never had a good strategy. His first 4yrs were chaotic and disruptive.
My biggest concern is not what he will do to China but what he will do to the Climate and environment. The world took great effort and time to come to an agreement. He will tear it up and go on a path that will accelerate climate change.
Dont believe too much on climate change articles from the main stream media. There is another theory which seldom highlights in the main stream media.
“Be who you are and say what you feel, because those who mind don't matter and those who matter don't mind"
10-11-2024, 10:17 AM
“Be who you are and say what you feel, because those who mind don't matter and those who matter don't mind"
10-11-2024, 12:46 PM
If the US is losing in a trade war, they won't be so stupid to continue. On top of the existing, Trump has threatened to impose 100% to 200% on goods from China when he is elected.
Omi.. Thank you for bumping up the message.
10-11-2024, 01:33 PM
(10-11-2024, 10:05 AM)revealer Wrote: Japan faced the same situation b4. They exercised restraint and saved from starting a trade war. Today, China faces and brave the trade war and the World is watching how this trade war will end. The damages have already being done, next is to see who will cool down and if the trade war will b extended to the next 3rd WW.
Different country different ways to face trade frictions. In the 80s when Japan has trade friction with Europe and America, they increased their overseas investments by more than 3 times in these countries, peaking around USD 70 billion in 1989. When China faces the same this time, they withdraw their investment.
https://www.imf.org/external/pubs/ft/fan...ayoumi.pdf
Trading Economics: In China, employed persons refer to who performed some work for one hour during the reference period.
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