Tarriffs/Trade War

This is another Trump win but it really is a win for everyone but Russia.

In Win for Trump, Merkel Changes Course on U.S. Gas Imports
Chancellor calls her decision to open Germany up to U.S. liquefied natural gas a ?strategic? move

BERLIN?Chancellor Angela Merkel has offered government support to efforts to open up Germany to U.S. gas, a key concession to President Trump as he tries to loosen Russia?s grip on Europe?s largest energy market.

Over breakfast this month, the chancellor told a small group of lawmakers her government had decided to co-finance the construction of a ?500 million ($576 million) liquefied natural gas shipping terminal in northern Germany, according to people familiar with the meeting, giving a crucial nudge to a project that had failed to get off the ground for years in a country that gets most of its gas cheaply from Russia.

Mr. Trump has intensively lobbied Europe to buy significant amounts of LNG as part of his campaign to rewrite the terms of trade relations. German and U.S. officials said Berlin hoped embracing U.S. gas might help solve a protracted trade dispute and possibly even defuse threats by Washington to sanction Nord Stream 2, an unbuilt German-Russian gas pipeline that would double Russia?s existing gas export capacity to Germany.

https://www.wsj.com/articles/in-win-for-trump-merkel-changes-course-on-u-s-gas-imports-1540209647
 
This must sting coming from the Post and Bezos. Poker not tennis.

Trump might win his trade war with China

Trade talks between China and the United States concluded this week with every indication that a deal can be had. Success is still far from a foregone conclusion, and the thorny international issues of North Korea, Taiwan and the South China Sea could hinder a final arrangement. But it looks as if one of President Trump?s most roundly criticized moves, the implementation of tariffs on many Chinese goods, could prove a master stroke.

Trump ran to reverse those trends. The elites in both parties heard his talk and immediately labeled him a protectionist. I guess those are fighting words on college campuses and in corporate boardrooms, but in places such as Newton, Iowa, they were a compliment. That?s because people saw what Trump would be trying to protect: their jobs, their wages and their towns.

That?s all the tariffs were ever meant to do ? serve as the stick that would push China to the bargaining table. Trump had to be willing to follow through if that tactic failed, and for the better part of a year he held firm. But in Argentina last month, the Chinese, faced with data showing that their economy was slowing down as ours roared ahead, asked for a truce. Trump accepted, and that?s where we stand.

We do not yet know how the new game will end. Trump may not get the deal we need, or he might blunder and overpay in a quest to sign anything he can call a success. But for now, all the signs look good. More importantly, the signs give people hope that leaders can be responsive to their citizens and that elections can produce change. That hope alone is worth the gamble he has taken.

https://www.washingtonpost.com/opinions/2019/01/10/trump-might-win-his-trade-war-with-china/?utm_term=.8f9524b2391d
 
morekaos said:
This must sting coming from the Post and Bezos. Poker not tennis.

Trump might win his trade war with China

Trade talks between China and the United States concluded this week with every indication that a deal can be had. Success is still far from a foregone conclusion, and the thorny international issues of North Korea, Taiwan and the South China Sea could hinder a final arrangement. But it looks as if one of President Trump?s most roundly criticized moves, the implementation of tariffs on many Chinese goods, could prove a master stroke.

Trump ran to reverse those trends. The elites in both parties heard his talk and immediately labeled him a protectionist. I guess those are fighting words on college campuses and in corporate boardrooms, but in places such as Newton, Iowa, they were a compliment. That?s because people saw what Trump would be trying to protect: their jobs, their wages and their towns.

That?s all the tariffs were ever meant to do ? serve as the stick that would push China to the bargaining table. Trump had to be willing to follow through if that tactic failed, and for the better part of a year he held firm. But in Argentina last month, the Chinese, faced with data showing that their economy was slowing down as ours roared ahead, asked for a truce. Trump accepted, and that?s where we stand.

We do not yet know how the new game will end. Trump may not get the deal we need, or he might blunder and overpay in a quest to sign anything he can call a success. But for now, all the signs look good. More importantly, the signs give people hope that leaders can be responsive to their citizens and that elections can produce change. That hope alone is worth the gamble he has taken.

https://www.washingtonpost.com/opinions/2019/01/10/trump-might-win-his-trade-war-with-china/?utm_term=.8f9524b2391d
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Unlike the GOP...most people don't deal in group think.  It's an opinion piece by the guy with this bio:

He is the author of The Working Class Republican: Ronald Reagan and the Return of Blue-Collar Conservatism and The Four Faces of the Republican Party, co-authored with Dante Scala. Mr. Olsen is also an editor at UnHerd.com, where he writes about populism and politics around the world, and he is a regular contributor to American Greatness, City Journal, and World Magazine.
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and previously he wrote this
https://www.washingtonpost.com/opin...has-been-pushed-aside/?utm_term=.df5a89af13b3
 
Shoot the messenger, his points are valid. As are these. China's economy is getting crushed and they want a way out.  We will win this in the end.

Trump will win the China trade war

There is a lot of truth to the saying that if we cannot trade with China, we sneeze. If China cannot trade with us, they catch pneumonia. Forget the spin talk that China can substitute its export market to the United States by raising its sales to Europe and other Asia markets. It is a myth. China wholly depends on the $10 trillion American consumer market to maintain its growth rates of the last two decades. Leaders in Beijing know this, and that is why they are under intense pressure to get a deal and to make the tariffs go away. The consequences of no trade deal may be mutually assured destruction, but most of the destruction will happen to them.

Second, the Chinese economy is getting crushed by the just preliminary round of 10 percent tariffs that are leaving Chinese warehouses, factories, and docks stacked to the ceilings with unsold goods. According to the South China Morning Post, ?Industrial production grew 5.4 percent in November compared to the previous year, well below the 5.9 percent gain in October and expectation for a like sized 5.9 percent rise this month, according to the median forecast in a Bloomberg survey. The November growth rate was the lowest in 10 years, matching the 5.4 percent gain in November 2008.? Chinese consumer spending will do nothing to bail out the economy because those numbers were even worse. Retail sales are now growing at the slowest pace since 2004. By the way, we know the actual, not the reported, numbers are much worse because China, much like the old Soviet Union, is notorious for lying about economic statistics.

Even more catastrophically worrisome is the Chinese stock market hit from the Trump administration tariffs. The Chinese stock market was already down some 20 percent this year and that was before the big sell off last week. The American stock market is comparatively down around 3 percent to 4 percent for the year. Imagine what happens to China if the tariffs are ratcheted up to 25 percent in the spring of next year. China would plunge into its most gut wrenching recession since the days of Mao Zedong. Can Xi Jinping politically survive the economic unrest that will send the Chinese marching into the streets with pitchforks in protests that could make the recent Paris riots look like a picnic? I would not bet on it.

https://thehill.com/opinion/international/421764-trump-will-win-the-china-trade-war
 
morekaos said:
Shoot the messenger, his points are valid. As are these. China's economy is getting crushed and they want a way out.  We will win this in the end.

Trump will win the China trade war
Click to expand...

Lol...complaining about shooting the messenger now?  This is from a person who basically dismiss every non-Fox News media outlet.

No..China doesn't care.  It will burn down its economy to win...you don't understand how the CCP thinks.  China is already shifting its economy and working out deals with non-US sources. 
 
Irvinecommuter said:
morekaos said:
Shoot the messenger, his points are valid. As are these. China's economy is getting crushed and they want a way out.  We will win this in the end.

Trump will win the China trade war
Click to expand...

Lol...complaining about shooting the messenger now?  This is from a person who basically dismiss every non-Fox News media outlet.
Click to expand...

yes, morekaos dismisses every non-fox news media outlet...that's why he has posted links (just on this page of this thread) from: the hill, wapo, wsj, cnbc, usatoday  ::)
 
Irvinecommuter said:
morekaos said:
Shoot the messenger, his points are valid. As are these. China's economy is getting crushed and they want a way out.  We will win this in the end.

Trump will win the China trade war
Click to expand...

Lol...complaining about shooting the messenger now?  This is from a person who basically dismiss every non-Fox News media outlet.

No..China doesn't care.  It will burn down its economy to win...you don't understand how the CCP thinks.  China is already shifting its economy and working out deals with non-US sources. 
Click to expand...

Shifting to who?  Africa? thats worked out well for them.  Asia? Taiwan won't like that or perhaps North Koreas burgeoning middle class consumer.  South America?  Brazil is such a miracle, huh?  Europe?  France is on fire and England  crumbling.  Iceland?  They are too busy dealing with all the melting ice caps. Hmmmm.
 
morekaos said:
Irvinecommuter said:
morekaos said:
Shoot the messenger, his points are valid. As are these. China's economy is getting crushed and they want a way out.  We will win this in the end.

Trump will win the China trade war
Click to expand...

Lol...complaining about shooting the messenger now?  This is from a person who basically dismiss every non-Fox News media outlet.

No..China doesn't care.  It will burn down its economy to win...you don't understand how the CCP thinks.  China is already shifting its economy and working out deals with non-US sources. 
Click to expand...

Shifting to who?  Africa? thats worked out well for them.  Asia? Taiwan won't like that or perhaps North Koreas burgeoning middle class consumer.  South America?  Brazil is such a miracle, huh?  Europe?  France is on fire and England  crumbling.  Iceland?  They are too busy dealing with all the melting ice caps. Hmmmm.
Click to expand...

Hey look fake news....WE'RE WINNING THIS TRADE WAR!!!!!!!!!!!!!

China's trade surplus with the U.S. ? closely watched amid the tariff war between the two countries ? grew 17 percent from a year ago to hit $323.32 billion in 2018.
According to Reuters, that's the highest on record dating to 2006.
Exports to the U.S. rose 11.3 percent year on year in 2018, while imports from the U.S. to China rose 0.7 percent over the same period.
 
My company front loaded a lot of inventory from China before the end of 2018.
We'll be buying nothing from China for the next 6 months.



I'm guessing all the missing Chinese orders are starting to worry Winnie the Pooh.  "Oh bother"
 
Cracks...

China offers 6-year import boost in trade talks with US: Sources
China offered U.S. trade negotiators a six-year boost in imports, officials familiar with the matter tell CNBC.
China pegged its proposal to buy more U.S. goods through 2024 to President Donald Trump's hopes of being re-elected to a second term in 2020, the sources told CNBC.
Chinese officials made the offer during negotiations in Beijing earlier in January, Bloomberg News reported.

https://www.cnbc.com/2019/01/18/china-to-offer-path-to-eliminate-trade-imbalance-with-us-report.html
 
morekaos said:
Cracks...

China offers 6-year import boost in trade talks with US: Sources
China offered U.S. trade negotiators a six-year boost in imports, officials familiar with the matter tell CNBC.
China pegged its proposal to buy more U.S. goods through 2024 to President Donald Trump's hopes of being re-elected to a second term in 2020, the sources told CNBC.
Chinese officials made the offer during negotiations in Beijing earlier in January, Bloomberg News reported.

https://www.cnbc.com/2019/01/18/china-to-offer-path-to-eliminate-trade-imbalance-with-us-report.html
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LOL...go back to look at the "commitments" the China has made about trade.  Just like NK on nuclear weapons.
 
morekaos said:
Like commitments to reduce greenhouse gasses after 2030?  Now thats funny!
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No..see there is an actual written treaty about that and China already outline and set out programs to reduce greenhouse gas emissions.

It is also in China's interest to be a leader in greenhouse/green energy rather than pretend that fossil fuel in the future of the court.
 
Irvinecommuter said:
morekaos said:
Like commitments to reduce greenhouse gasses after 2030?  Now thats funny!
Click to expand...

No..see there is an actual written treaty about that and China already outline and set out programs to reduce greenhouse gas emissions.

It is also in China's interest to be a leader in greenhouse/green energy rather than pretend that fossil fuel in the future of the court.
Click to expand...

is that why china's ghg emissions are still increasing and the usa is decreasing?

https%3A%2F%2Fblogs-images.forbes.com%2Frrapier%2Ffiles%2F2018%2F07%2FCountries-CO2.jpg
 
Kings said:
Irvinecommuter said:
morekaos said:
Like commitments to reduce greenhouse gasses after 2030?  Now thats funny!
Click to expand...

No..see there is an actual written treaty about that and China already outline and set out programs to reduce greenhouse gas emissions.

It is also in China's interest to be a leader in greenhouse/green energy rather than pretend that fossil fuel in the future of the court.
Click to expand...

is that why china's ghg emissions are still increasing and the usa is decreasing?

https%3A%2F%2Fblogs-images.forbes.com%2Frrapier%2Ffiles%2F2018%2F07%2FCountries-CO2.jpg
Click to expand...

Because Europe and US have been first world countries that have reduced manufacturing for 20-30 years while China is a rising 2nd world country...the fact that they even out is pretty darn good.
 
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