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Reply to "Trump tariffs: ruin U.S. economy until 2040"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Seems that China was not persuaded by Bessent’s advice not to impose retaliatory tariffs. And we can expect more from the EU soon. We’re not top dog anymore. [/quote] It will be a cold day in hell when China relents to Trump's nonsense, Chinese have a very HIGH threshold for pain especially of the fiscal variety, Trump is way out of his league when dealing with China. They haven't said a single word, it will all be actions, Xi Jingping didn't broadcast his tariff signing ceremony all over the world, he's not a lunatic.[/quote] Let's not kid ourselves, Xi is a lunatic too. But he's quieter about it. And China also depends upon the US markets. Trump's bats*** crazy negotiating tactics are actually best-suited to China. Using them on the rest of the world is just dumb. And harmful to the US and to his plan, whatever that is.[/quote] Respectfully, I disagree. China has broadened their markets so much that U.S market is simply one part of their world market. Also, like I said earlier Chinese can suffer and feel the pain a LOT longer than us. I have lived in China, I have worked with Chinese, these are not individualistic societies like ours, these people have deep capabilities to hunker down and bear the fiscal pain, especially for national pride.[/quote] They also don't have a choice. We won't soon as well. America has quite literally never experienced this before in the way China or Russia have - but we're about to. [/quote] The US is a young country. Make no mistake that in China, best and brightest are in govt, I am Chinese (US citizen). They are not fools. The Chinese are vilified by the west but they do things very well in certain ways. They are of late blending in capitalism and their govt structure is solid because of it. China is a smart country overall. The US is very dependent on everyone coming together - we have to be lucky enough to have a wise administration, a Congress that partners together and just overall good luck in terms of ag and small businesses faring well altogether - a lot of also external stuff like oil prices stable, no natural disasters, etc. it's a lot. Politically, there's no ownership, it's basically luck and timing of who is leading the way. Right now is a good example. China is a machine. You can say what you will about how evil they are but they are very much in control. Nothings perfect in human design but a measured approach is how they navigate. Their model is really not the evil that Americans think it is. [/quote]
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