China Retaliates Against the U.S. With Its Own Higher Tariffs

[Anonymous]

Anonymous wrote:

Anonymous wrote:don't blame china for everything. think about what US did wrong.

https://www.wabe.org/president-trump-calls-president-carter-to-talk-china/


And on Saturday evening, Trump called Carter to talk about it. It was the first time they’d spoken, Carter said. He said Trump said he is particularly concerned about how China is “getting ahead of us.”

Carter agreed that’s true.

“And do you know why? I normalized diplomatic relations with China in 1979. Since 1979 do you know how many times China has been at war with anybody? None. And we have stayed at war,” he said.

The U.S., Carter said, has been at war for all but 16 years of its 242-year history. (China and Vietnam actually fought a brief border war in early 1979, weeks after normalization of U.S.-China relations.)

He called the United States “the most warlike nation in the history of the world,” because of a tendency to try to force others to “adopt our American principles.”

Carter suggested that instead of war, China has been investing in its own infrastructure, mentioning that China has 18,000 miles of high-speed railroad.

“How many miles of high-speed railroad do we have in this country?”

Zero, the congregation answered.

“We have wasted I think $3 trillion,” Carter said of American military spending. “… It’s more than you can imagine. China has not wasted a single penny on war and that’s why they’re ahead of us. In almost every way.

“And I think the difference is if you take $3 trillion and put it in American infrastructure you’d probably have $2 trillion leftover. We’d have high-speed railroad. We’d have bridges that aren’t collapsing, we’d have roads that are maintained properly. Our education system would be as good as that of say South Korea or Hong Kong.

There is no way this crap is real.

Seriously, whomever posted it is either stupid, evil or a foreign agent.

[Anonymous]

Someone want to explain how we are winning under this scenario?

Trade war with China means US farmers don’t fell food. The IS government spends billions of dollars bailing them out. We are in a deficit, so all the money is borrowed— a lot of it from China. Which owns more of America and we have to pay them interest on the debt.

Seriously— please explain to me how we “win” a trade war with a China when the trade war increases the debt and China holds the debt and makes a profit.

Trumps plan seems very half assed. Unsurprising I guess.

At any rate, this hurts, farmers, and manufacturers, and small business owners with a global supply chain in red states first and hardest. That’s the Republican base. The Information, professional, knowledge, tech and service sectors in blue areas get hit much less hard. If they are willing to endure the economic pain for a trade war that will, at best, be a draw because it is somehow MaGA, good for them. As long as my 401k stays strong, I don’t really care. Do you?

[Anonymous]

Anonymous wrote:Someone want to explain how we are winning under this scenario?

Trade war with China means US farmers don’t fell food. The IS government spends billions of dollars bailing them out. We are in a deficit, so all the money is borrowed— a lot of it from China. Which owns more of America and we have to pay them interest on the debt.

Seriously— please explain to me how we “win” a trade war with a China when the trade war increases the debt and China holds the debt and makes a profit.

Trumps plan seems very half assed. Unsurprising I guess.

At any rate, this hurts, farmers, and manufacturers, and small business owners with a global supply chain in red states first and hardest. That’s the Republican base. The Information, professional, knowledge, tech and service sectors in blue areas get hit much less hard. If they are willing to endure the economic pain for a trade war that will, at best, be a draw because it is somehow MaGA, good for them. As long as my 401k stays strong, I don’t really care. Do you?

BTW, there is a reason that, up until now, Republicans have hated tariffs— they hit the Republican base much harder than the Dem base.

[Anonymous]

And the US is preparing a another $15B bailout for farmers.

https://www.washingtonpost.com/business/economy/white-house-explores-new-farmer-bailout-plan-as-us-china-trade-war-heats-up/2019/05/14/a7ee018e-7641-11e9-bd25-c989555e7766_story.html?utm_term=.b024ef9b14e8

And the Senate Rs, not Ds, are the ones pissed about this trade war.

On the bright side, China will loan us the money to pay the farmers.

[Anonymous]

Anonymous wrote:And the US is preparing a another $15B bailout for farmers.

https://www.washingtonpost.com/business/economy/white-house-explores-new-farmer-bailout-plan-as-us-china-trade-war-heats-up/2019/05/14/a7ee018e-7641-11e9-bd25-c989555e7766_story.html?utm_term=.b024ef9b14e8

And the Senate Rs, not Ds, are the ones pissed about this trade war.

On the bright side, China will loan us the money to pay the farmers.

I thought Republicans were against welfare payments for workers and believed in self-reliance. I guess their hatred of the vulnerable only applies to people in urban areas.

[Anonymous]

Anonymous wrote:Someone want to explain how we are winning under this scenario?

Trade war with China means US farmers don’t fell food. The IS government spends billions of dollars bailing them out. We are in a deficit, so all the money is borrowed— a lot of it from China. Which owns more of America and we have to pay them interest on the debt.

Seriously— please explain to me how we “win” a trade war with a China when the trade war increases the debt and China holds the debt and makes a profit.

Trumps plan seems very half assed. Unsurprising I guess.

At any rate, this hurts, farmers, and manufacturers, and small business owners with a global supply chain in red states first and hardest. That’s the Republican base. The Information, professional, knowledge, tech and service sectors in blue areas get hit much less hard. If they are willing to endure the economic pain for a trade war that will, at best, be a draw because it is somehow MaGA, good for them. As long as my 401k stays strong, I don’t really care. Do you?

All of this has been addressed in this thread. It is discouraging that so many people like the above poster has such strong feelings one way or the other about the trade war, but is obviously rather ignorant on the topic of international trade, trade deficit, and how the US debt ties in to the subject.

Raising tariffs hurts China more than it hurts the US - I am not talking about who pays for the tariffs, but the overall economic effect of raising tariffs on Chinese goods coming into the US. Also, US's actions shows China that the US will act to protect its interests rather than let China carry on stealing from the US without any worry.

[Anonymous]

Anonymous wrote:

Anonymous wrote:And the US is preparing a another $15B bailout for farmers.

https://www.washingtonpost.com/business/economy/white-house-explores-new-farmer-bailout-plan-as-us-china-trade-war-heats-up/2019/05/14/a7ee018e-7641-11e9-bd25-c989555e7766_story.html?utm_term=.b024ef9b14e8

And the Senate Rs, not Ds, are the ones pissed about this trade war.

On the bright side, China will loan us the money to pay the farmers.

I thought Republicans were against welfare payments for workers and believed in self-reliance. I guess their hatred of the vulnerable only applies to people in urban areas.

The farmers need to suck it up. No bailout. Not a single cent. They voted for this. They can be in the same boat with the rest of us— unhappy with Trump and told to suck it up until 2020. We are being told the solution isn’t impeachment. And that it isn’t Congressional checks on Trump or the Courts. It’s the 2020 election. And Trump has been anointed king until then. So the farmers can also wait until then for thing to get better. Just like the rest of us.

There are a lot of people in this country being seriously harmed by Trump policies. If they are in blue states, Rs laugh about getting even and liberal heads exploding. Farmers are no more special than California wildfire victims or PR hurricane survivors or women who need safe abortions or... Farmers told us this would work long term and was work short term pain. So live with the short term pain.

JFC— another $15B bailout? Nope.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Someone want to explain how we are winning under this scenario?

Trade war with China means US farmers don’t fell food. The IS government spends billions of dollars bailing them out. We are in a deficit, so all the money is borrowed— a lot of it from China. Which owns more of America and we have to pay them interest on the debt.

Seriously— please explain to me how we “win” a trade war with a China when the trade war increases the debt and China holds the debt and makes a profit.

Trumps plan seems very half assed. Unsurprising I guess.

At any rate, this hurts, farmers, and manufacturers, and small business owners with a global supply chain in red states first and hardest. That’s the Republican base. The Information, professional, knowledge, tech and service sectors in blue areas get hit much less hard. If they are willing to endure the economic pain for a trade war that will, at best, be a draw because it is somehow MaGA, good for them. As long as my 401k stays strong, I don’t really care. Do you?

All of this has been addressed in this thread. It is discouraging that so many people like the above poster has such strong feelings one way or the other about the trade war, but is obviously rather ignorant on the topic of international trade, trade deficit, and how the US debt ties in to the subject.

Raising tariffs hurts China more than it hurts the US - I am not talking about who pays for the tariffs, but the overall economic effect of raising tariffs on Chinese goods coming into the US. Also, US's actions shows China that the US will act to protect its interests rather than let China carry on stealing from the US without any worry.

We may be acting, but we won’t win. The Chinese have more control over the people and production and a lower standard of living. And most importantly, don’t have an election next year. Trump caves. Often. See also the government shutdown, North Korea, Mexico will pay for the wall. The Republican can’t afford to have farmers and manufacturers going bankrupt and the stock market in a downturn in the runup to 2020. There is a date by which Trump will have to cave, or Rs will get killed in the next election. China knows this.

I hope Trump keeps the tariffs on. It could well give Dems control of all three branches of government.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Its about time we as a country dont cave, like presidents from both side of the aisle did over the past.

+1.

I do hope they reach an agreement soon, but this is better than just caving in once more.

Exactly.

Probably because your livelihood isn't on the line.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:And the US is preparing a another $15B bailout for farmers.

https://www.washingtonpost.com/business/economy/white-house-explores-new-farmer-bailout-plan-as-us-china-trade-war-heats-up/2019/05/14/a7ee018e-7641-11e9-bd25-c989555e7766_story.html?utm_term=.b024ef9b14e8

And the Senate Rs, not Ds, are the ones pissed about this trade war.

On the bright side, China will loan us the money to pay the farmers.

I thought Republicans were against welfare payments for workers and believed in self-reliance. I guess their hatred of the vulnerable only applies to people in urban areas.

The farmers need to suck it up. No bailout. Not a single cent. They voted for this. They can be in the same boat with the rest of us— unhappy with Trump and told to suck it up until 2020. We are being told the solution isn’t impeachment. And that it isn’t Congressional checks on Trump or the Courts. It’s the 2020 election. And Trump has been anointed king until then. So the farmers can also wait until then for thing to get better. Just like the rest of us.

There are a lot of people in this country being seriously harmed by Trump policies. If they are in blue states, Rs laugh about getting even and liberal heads exploding. Farmers are no more special than California wildfire victims or PR hurricane survivors or women who need safe abortions or... Farmers told us this would work long term and was work short term pain. So live with the short term pain.

JFC— another $15B bailout? Nope.

+1 They made their beds, they should lie in it. Why should the rest of us pay for their choices.. right Trumpsters? No one should be made to pay for another's personal choice.

[Anonymous]

Anonymous wrote:

Anonymous wrote:And the US is preparing a another $15B bailout for farmers.

https://www.washingtonpost.com/business/economy/white-house-explores-new-farmer-bailout-plan-as-us-china-trade-war-heats-up/2019/05/14/a7ee018e-7641-11e9-bd25-c989555e7766_story.html?utm_term=.b024ef9b14e8

And the Senate Rs, not Ds, are the ones pissed about this trade war.

On the bright side, China will loan us the money to pay the farmers.

I thought Republicans were against welfare payments for workers and believed in self-reliance. I guess their hatred of the vulnerable only applies to people in urban areas.

Only when the takers are urban and with brown or black skin. Whites in the midwest? Back up the truck!

[Anonymous]

What will the Trump Campaign do?

https://www.usatoday.com/videos/news/politics/2018/07/26/watch-trumps-2020-campaign-banners-being-made-china/37130181/

[Anonymous]

Anonymous wrote:What will the Trump Campaign do?

https://www.usatoday.com/videos/news/politics/2018/07/26/watch-trumps-2020-campaign-banners-being-made-china/37130181/

Whatever puts the most money in Trump’s pocket. Probably an exemption for red caps and political banners. MAGAtts do not care.

[Anonymous]

Anonymous wrote:Someone want to explain how we are winning under this scenario?

Trade war with China means US farmers don’t fell food. The IS government spends billions of dollars bailing them out. We are in a deficit, so all the money is borrowed— a lot of it from China. Which owns more of America and we have to pay them interest on the debt.

Seriously— please explain to me how we “win” a trade war with a China when the trade war increases the debt and China holds the debt and makes a profit.

Trumps plan seems very half assed. Unsurprising I guess.

At any rate, this hurts, farmers, and manufacturers, and small business owners with a global supply chain in red states first and hardest. That’s the Republican base. The Information, professional, knowledge, tech and service sectors in blue areas get hit much less hard. If they are willing to endure the economic pain for a trade war that will, at best, be a draw because it is somehow MaGA, good for them. As long as my 401k stays strong, I don’t really care. Do you?

You’ve been IN a trade war with China for the last 30 years and they have been kicking our a&& whether you realize it or not. Time to fight back.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Someone want to explain how we are winning under this scenario?

Trade war with China means US farmers don’t fell food. The IS government spends billions of dollars bailing them out. We are in a deficit, so all the money is borrowed— a lot of it from China. Which owns more of America and we have to pay them interest on the debt.

Seriously— please explain to me how we “win” a trade war with a China when the trade war increases the debt and China holds the debt and makes a profit.

Trumps plan seems very half assed. Unsurprising I guess.

At any rate, this hurts, farmers, and manufacturers, and small business owners with a global supply chain in red states first and hardest. That’s the Republican base. The Information, professional, knowledge, tech and service sectors in blue areas get hit much less hard. If they are willing to endure the economic pain for a trade war that will, at best, be a draw because it is somehow MaGA, good for them. As long as my 401k stays strong, I don’t really care. Do you?

You’ve been IN a trade war with China for the last 30 years and they have been kicking our a&& whether you realize it or not. Time to fight back.

As long as we aren’t making America socialist by bailing out Trumpkins, I’m fine with it. See you at the polls in 2020.