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They've called your bluff, buddy and now you're going to have to take an absolute beating of a lifetime. Enjoy!
Not him, he'll take whatever he can get and sell it to his cultists as the world's greatest deal.
As usual, it's the US taking the beating ...
The tariffs will be something Biden put in place and Trump removed to save the economy within a week.
I will say, lots of people in my state remember the 2008 Economic Crisis as being caused by Obama.
Why would China be desperate?
China offers the cheapest high spec manufacturing in the world. If the US doesn’t buy that manufacturing, that leaves the rest of the world. Of course China wants American money, but it’s not going to devastate their economy in the short term. It’s a reasonable cost for providing China with so many opportunities, which they are aggressively pursuing, to cultivate deep seated international power.
The prevalence of Chinese manufacturing actually is a national problem for the US. While China has its pick of buyers, the US is stuck with one seller. The US should have been working for twenty years with India, Pakistan, Brazil, Indonesia, Vietnam, and maybe even some counties in Africa to create access to alternatives. It didn’t.
Weaning the US off Chinese manufacturing would take decades of elegant economic policy and diplomacy featuring several countries. China knows this is where it actually has power over the US.
I have worked professionally with Chinese vendors and suppliers for years, both pre and post COVID. China offers the whole range of manufacturing, not just cheap labor but high tech and precision devices too. You want cheap injection molded toys for Happy Meals? Done. Precision machine tools for CNC? Can do. Medical imaging devices? No problem. Mass assembly of automotive cable looms? Easy. If a business wants quality product from China they can do it.
And much like the classic European model where a textile or steel industry would collect in a valley for logistic/resource reasons and organically form an industrial ‘core’ the same is true in China, but with a centralized planned economy. Vocational schools feed local industry with skilled workers like engineers or tool and die makers, so that region experiences further and further specialization and conglomeration.
There’s no coherent or comparable manufacturing:educational alliance in the US, closest we have is ‘feeder schools’ that partner with individual industrial/scientific giants on an ad-hoc basis.
I hope they don't back down, even if that orange whimp ends up pulling back the tariffs. Don't re-engage with the US until they elect a decent leader. They should really feel the impact of electing such a moron for a internationally significant role.
Yep. If America doesn't have a severe depression &/or civil war, the mental illness of MAGA will continue destroying the country from within, and wreaking havoc with global stability.
I think that underestimates the extent to which the Chinese economy is vulnerable to reduced demand from foreign partners. I'm not saying China's in a worse position than the US, since the US has a blithering imbecile traitor as President. But they're not invulnerable to economic shocks either.
Part of my company's plan to weather the trade war was to stock up and wait for our competition to be priced out. We also expect the factories in China that supplied our competitors will shut down too. There is a ton of spare capacity with some of them and they work on slim margins. Even a short term downturn of orders can push many to close.
China will definitely suffer, but it also doesn't care. Public opinion supporting its actions are not a priority in China. Trump is starting to feel the bite his stupidity has taken him. Not sure if he understands completely, but he's getting an idea that he'll wear the blame. Not from the Maga, but from everyone else.
China has been working with African countries for decades to build their supply lines. The US has had a blind spot over Africa the whole time
The Art of the Deal:
- Behave recklessly and make threats to destroy the global economy
- Get pushback from allies
- Reverse course for allies, but behave even more recklessly against rival
- Rival realizes you don’t know what you’re doing
- Beg rival to engage
- Rival refuses
- Take insanely reckless actions toward rival
- Rival stands firm
- Get told by billionaires that you’re messing with their profits and, as a side note, domestic stability
- Reverse course for rivals, look incredibly weak and get exposed for not having a clue what you’re doing on the global stage
- ?????????????????
- Make America Great Again
Why would they be?
Trump has effectively handed all of the USA's soft power over to the EU, China & Russia, depending on the part of the planet we are discussing.
All of it.
Not really "handed" over" as much as made it disappear. It's up to other countries to fill the vacuum.
In Trump's words, "he doesn't have the cards" "he has bad cards". Which also makes it fairly clear he's never played poker or has and is baffled by the rules.
It's like he's NOT a deal maker, but some kind of absolutely unqualified idiot!
It was always eventually going to come down to US vs China for economic leadership of the world. Trump ceded that fight. Or accelerated it in a way that makes real conflict a greater concern than it was before, depending on the aggression/militarism of future administrations.
Trump accelerated. Idiot
He abuses people hardest to try to force them to submit. It may work with some of his business deals but in international politics with an economic superpower? What a clown.
China nailed the "never interrupt your enemy while he's in the midst of making a mistake" strategy. Trump absolutely weakened his position.
Trump is desperate.
No quotes or further words needed.
Mussolini his ass already.
It probably goes without saying at this point, but deporting someone to a culture in which they're not competent is wildly immoral, and doing so in such a way that they end up encarcerated in subhuman conditions especially despite not committing a crime in that jurisdiction is monstrous.
If he doesn't die of old age in his second term, he will die in prison after. Along with a good part of his cronies.
I hope you're right, but he would be the first to do so in a very long time.
If you ignore the morality, it is also supremely stupid. Killing your citizens and stealing their stuff might be a "shot in the arm" for a terrible nation, but it also means all of the skills and support they could offer the nation is gone.
Do not back down China! I love to see that dumbass flounder like the fat toxic fish he is.
He's playing poker with the Chinese who love gambling and he's also an idiot who thinks he's a great gambler while holding all his cards backwards
Fart of the seal 🦭💨
The Art of the Kneel.
Trump is the jealous ex who thought they would find someone better after breaking up with you
FAFO.
Jesus Christ Donald Trump sucks.
Gotta know when to hold 'em...
Like we didn't know that Trump wants to make a deal, lets not fool our self's! China has the upper hand and Trump can do nothing ATM.
VIXY all the wayyyyy baybay
Trumps tactics only work on weak people like himself. In addition to that is china's history of dealing with others.