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

Anonymous
This is what happens when there are no adults in the room to stop the President from doing something stupid.

https://www.nytimes.com/2019/05/13/business/trump-trade-china.html
China Retaliates Against the U.S. With Its Own Higher Tariffs
China moved to retaliate against the United States, announcing plans on Monday to raise tariffs on American goods ranging from beer and wine to swimsuits, shirts and liquefied natural gas.

The decision, which follows President Trump’s increase in tariffs on Chinese goods last Friday, escalates the pressure in the ongoing trade war.

Trade talks between the two sides broke down last week without a deal, causing tensions that have rippled through financial markets and the global economy. American stocks plunged on Monday, extending the recent losses.

Beijing’s retaliation comes at a time when many in China feel that the United States has behaved highhandedly in threatening tariffs. “Mutual trust and respect are of the essence in handling the negotiations,” said Zhu Ning, a Tsinghua University economics professor.
Anonymous
It's ironic for China to call for mutual trust and respect when they are guilty of intellectual property thefts, forced technology transfers, and anti-competitive behaviors that block foreign goods/services from being competitive in the Chinese market. Tell me, can you hail an Uber in China?

Mutual trust and respect my @ss. What they want is for the US to go back being complacent like we were under Obama, to stay quiet while being bent over a barrel by China.
Anonymous
Its about time we as a country dont cave, like presidents from both side of the aisle did over the past.
Anonymous
Anonymous wrote:This is what happens when there are no adults in the room to stop the President from doing something stupid.

https://www.nytimes.com/2019/05/13/business/trump-trade-china.html
China Retaliates Against the U.S. With Its Own Higher Tariffs
China moved to retaliate against the United States, announcing plans on Monday to raise tariffs on American goods ranging from beer and wine to swimsuits, shirts and liquefied natural gas.

The decision, which follows President Trump’s increase in tariffs on Chinese goods last Friday, escalates the pressure in the ongoing trade war.

Trade talks between the two sides broke down last week without a deal, causing tensions that have rippled through financial markets and the global economy. American stocks plunged on Monday, extending the recent losses.

Beijing’s retaliation comes at a time when many in China feel that the United States has behaved highhandedly in threatening tariffs. “Mutual trust and respect are of the essence in handling the negotiations,” said Zhu Ning, a Tsinghua University economics professor.

President Trump is an adult who is standing up for America. Chinese has been taking advantage .
Anonymous
Anonymous wrote:It's ironic for China to call for mutual trust and respect when they are guilty of intellectual property thefts, forced technology transfers, and anti-competitive behaviors that block foreign goods/services from being competitive in the Chinese market. Tell me, can you hail an Uber in China?

Mutual trust and respect my @ss. What they want is for the US to go back being complacent like we were under Obama, to stay quiet while being bent over a barrel by China.


Well, okay. But you're only right if this works. If it stops China from stealing our IP, undercutting us globally, etc.
Anonymous
I am no Trump fan, but trade war with China is needed!

---a former Chinese citizen and a current US citizen
Anonymous
So is China paying for the tariffs they impose on our goods and the one's Trump imposed on their goods?

Genius! So much winning! I can't believe they haven't caved yet.
Anonymous

Does anyone here really delight in enriching the Communist Chinese Government?

I certainly don’t.
Anonymous
Anonymous wrote:It's ironic for China to call for mutual trust and respect when they are guilty of intellectual property thefts, forced technology transfers, and anti-competitive behaviors that block foreign goods/services from being competitive in the Chinese market. Tell me, can you hail an Uber in China?

Mutual trust and respect my @ss. What they want is for the US to go back being complacent like we were under Obama, to stay quiet while being bent over a barrel by China.


The US designed the modern economic system that benefits us after the WW2. We are 5% of world population but we enjoy a disproportionate 25% of world wealth. China and India with 1/3 world population were the largest economies in the world until early 19th century. Why do you think their economies collapsed? They simply couldn't compete against free slave labor and stolen Native American resources extorted for the cost of a few bullets.

Today China and India are just reclaiming their historical position as the top economies of the world. Firs t rule of Capitalism: Those with large internal market of their own will control the world economy. That is what is happening and this time no temporary distortion such as slave labor and stolen resources from a new found land.

America (and the west) are crying fowl only because China is beating them at the game they created for their own benefit. The power has shifted to Asia and the world has come a full circle. We can no longer dictate to China(or to India or Russia) and we need to compete and not complain. We need access to the Asian market because China is largest market for GM, Boeing, etc. India is largest market for the likes of google, FB, P&G etc. Millions of jobs will be lost in America if we lose access to their markets. That is the reality no American wants to talk about.

The solution is to create a large internal market for American goods by creating TPP like exclusive zone. But thats what the conman killed. He is just a loser who is creating a public REALITY SHOW OF him acting as if he is doing good for America. But the truth is he hasn't done a single thing he promised except for tax cuts for the rich.

NAFTA is still the law. Dreamers are still here. There is no wall. The trade deficits with china is at historic high. Coal/Steel jobs aren't back. North korea is still flying missiles. BUT THE RICH GOT THEIR TAX CUTS. Trumpsters are conned.
Anonymous
Anonymous wrote:
Anonymous wrote:It's ironic for China to call for mutual trust and respect when they are guilty of intellectual property thefts, forced technology transfers, and anti-competitive behaviors that block foreign goods/services from being competitive in the Chinese market. Tell me, can you hail an Uber in China?

Mutual trust and respect my @ss. What they want is for the US to go back being complacent like we were under Obama, to stay quiet while being bent over a barrel by China.


Well, okay. But you're only right if this works. If it stops China from stealing our IP, undercutting us globally, etc.


It has brought them to the table, hasn't it? Why any American would be against Trump making this effort to fight back against China is a mystery. If you can read Chinese, their discussion forums are a mixture of defiance and worry that the US has finally come to its senses and will substantially reduce the amount of free-loading that China has been able to get away with in the past.
Anonymous
Anonymous wrote:
Does anyone here really delight in enriching the Communist Chinese Government?

I certainly don’t.


But do you delight in bankrupting our country?

I certainly don't.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:It's ironic for China to call for mutual trust and respect when they are guilty of intellectual property thefts, forced technology transfers, and anti-competitive behaviors that block foreign goods/services from being competitive in the Chinese market. Tell me, can you hail an Uber in China?

Mutual trust and respect my @ss. What they want is for the US to go back being complacent like we were under Obama, to stay quiet while being bent over a barrel by China.


Well, okay. But you're only right if this works. If it stops China from stealing our IP, undercutting us globally, etc.


It has brought them to the table, hasn't it? Why any American would be against Trump making this effort to fight back against China is a mystery. If you can read Chinese, their discussion forums are a mixture of defiance and worry that the US has finally come to its senses and will substantially reduce the amount of free-loading that China has been able to get away with in the past.


We haven't come to our senses. There is no will in this country to fight a trade war with China, and we cannot afford it. This will collapse soon enough and we will only have hurt ourselves.
Anonymous
Anonymous wrote:Its about time we as a country dont cave, like presidents from both side of the aisle did over the past.


This liar-in-chief is just playing an elaborate reality TV show on the country. China is the largest economy in the world. They are not gonna be bullied into submission. It is smarter to create our own internal trade zone as big as China, something like TPP, and then wean away from China.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:It's ironic for China to call for mutual trust and respect when they are guilty of intellectual property thefts, forced technology transfers, and anti-competitive behaviors that block foreign goods/services from being competitive in the Chinese market. Tell me, can you hail an Uber in China?

Mutual trust and respect my @ss. What they want is for the US to go back being complacent like we were under Obama, to stay quiet while being bent over a barrel by China.


Well, okay. But you're only right if this works. If it stops China from stealing our IP, undercutting us globally, etc.


It has brought them to the table, hasn't it? Why any American would be against Trump making this effort to fight back against China is a mystery. If you can read Chinese, their discussion forums are a mixture of defiance and worry that the US has finally come to its senses and will substantially reduce the amount of free-loading that China has been able to get away with in the past.


Everyone plays Trump and the conman plays Americans for stupid, this is his REALITY TV. Coming to the table is just a time wasting tactic that everyone is deploying. NK came to the table and nothing happened. Canada and MX came to the table and NOTHING HAPPENED. China came to the table and nothing happened. But the conman has passed a tax cuts for the rich. YAY!
Anonymous
Anonymous wrote:
Anonymous wrote:
Does anyone here really delight in enriching the Communist Chinese Government?

I certainly don’t.


But do you delight in bankrupting our country?

I certainly don't.


Funny how just today GoPro announced it’s moving its production from China to Mexico. So much winning - all around! (Except for the Chinese Communists — and the hateful Liberals.
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