Quote:
Originally Posted by NewNick
In what way is China fucking with you ?
Other than in trade mark and patent infringement, which is not what Trump is complaining about, all the Chinese are doing is making goods cheaper than the west. Then consumers in the west are more than happy to lap up their daily dose of cheap goods.
You will not win a trade war with China.  |
to understand those facts you need to know the economic circle.
the patent infridgement is indeed a big problem with china but it will not be resolved by
tariffs. and even this tariffs would not stop china to export their stuff to USA. they do this game since centuries over third countries and the ones who help to do that are the buyers in the US. just because they NEED this cheap labour and products to compete in the international export market.
there is nearly not one US good exported what is not made with chinese imports.
just have a look at the stock market and watch stocks from BOEING, CATERPILLAR, GENERAL ELECTRICS etc... all this companies are existing from their exports.
nobody will buy a product what is more expensive because the steel is made in USA - because steel is steel.
in the next step all products made in USA will become more expensive also IN the USA - more expensive means that the inflation will rise. if inflation rises the interest rises. if interest increase the dollar will increase - if the dollar increase the US products will become even MORE expensive in the world.
china is acting clever and they stepped into the asian market after trump fucked it.
sure they will lose a big buyer but they where also buying a lot of US bonds.
if they stop to buy this bonds and buy it from poorer countries in asia and southamerica they will fire up their economies and they will have new buyers for their goods.
all US will lose is a bond investor, a HUGE buyer and a cheap deliverer - and what that means is not so complicated to guess.
all what trump is doing here is to try to fullfill a nonsense promise.
he promised to go against the trade deficit with canada - and found out that there is a trade plus after trudeau told him.
he wanted to go against the EU - the status quo is: the EU can still export but not more as 2017
now he have china on monitor because he thinks the west will help him.
but this will not happen because nobody in this world will share the bed with trump.
it is a shame that a country who is one of the inventors of global trading have to learn itīs own rules on such a hard way. but hopefully this lesson will last long.
i am still pretty sure that NOTHING will happen with china because the ones who pay him and give him orders will tell him to stop that and these are not the republicans or the ordinary US citizens.