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/biz/ - Business & Finance


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8784498 No.8784498 [Reply] [Original]

Can someone please defend Donald Trump's actions to throw $100bn more tariffs on the Chinese?

>> No.8784515

>>8784498
Its called turnabouts Fairplay. Fuck the chinks.

>> No.8784526

>>8784498
Why not?

>> No.8784535
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8784535

>>8784515
yea fuckem

>> No.8784544

>>8784498
>Expecting the Chinese to play fair.

No amount of tariffs will stop them.

>> No.8784559

>>8784498

in tit-for-tat trade war, china runs out of tats pretty quick.

>> No.8784577

Make the chinks pay Americas' debt. Pretty simple.

>> No.8784602

>>8784577
Make them pay the loans america owe them back to themselves, genius.

>> No.8784622

>>8784602
Totally genius.

>> No.8784630

kill all the chinks, genius

>> No.8784683

>>8784602
>we give ourselves a loan
>we make china give us a loan
>we start a trade war with china to help pay back the loan we took out to ourselves
>and theirs
I don't see the problem

>> No.8784690

When all is said and done China is going to end up paying for the border wall. Trump is a true genius.

>> No.8784892

>>8784559
i hope we don't run out of tits

>> No.8784927

>>8784498
any time someone tells trump not to do something, he does it.

If you tell him that you want a trade war, he will cancel it.

>> No.8784951

>>8784690
by increasing the cost of goods for every American.


>are you the guy that failed his economics test?

>> No.8784985

He was born rich so he's never learned adversity, empathy, or rational thought. End of story.

>> No.8784998

Chickenhawks want a new war for profits. It's not they whose gonna be on the frontline after all. And there's lots of oil in coastal China.

>> No.8785032
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8785032

>>8784498
>easy
you need to pay back your $1.17 trillion debt to China somehow

>> No.8785048

What will I do without all my cheap chink shit, oh noooooo

>> No.8785059

PEOPLE DO NOT DO THINGS THAT ARE NOT PROFITABLE

>> No.8785070

>>8784985
he learned multiple times how to run an enterprise into the ground, so he's applying those skills again

>> No.8785084

>>8784498
China's government gives the country's businesses unfair advantages over foreign firms. This is Trump's way of taking a stand over the issue.

>> No.8785097

>>8784892
1 upvote

>> No.8785115

>>8784498
Didnt you notice what happened when Obama dindu nuffin for 8 years?
The ouctome is vague but Trump is at least fighting for you goys.

>> No.8785124

>>8785084
take it to the WTO then. oh that's right, the WTO is a impartial panel of experts, doesn't fit into the 'america is always right' narrative.

>> No.8785275
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8785275

>>8785124
>impartial

>> No.8785306

>>8785275
give me evidence of 'corruption' involving the dispute settlement process within the WTO.

>> No.8785645

>>8785124
Implying we need to ask permission to make pro-American trade policies. Implying the WTO has the authority to stop China from manipulating their currency. etc

>> No.8785690

>>8785645
like i said 'america is always right' narrative. the reason you guys don't like the WTO is because it makes you realize that america has the most complaints against it and also loses the vast majority of cases brought against them.

the WTO legitimatizes tariffs in these disputes by providing a fair arbitration process that includes all the agreed upon rules that each member abides by when they join the WTO.

but fuck that right? merica.

>> No.8785769

>>8784498
You seem to be unfamiliar with 4chan posting culture. /biz/ is a Trump free zone, anon. We'll give you a pass this one time, but now that you know please refrain from it in the future. Thank you, and enjoy yourself.

>> No.8785862
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8785862

>>8784498
IT ALL NEEDS TO BURN

>> No.8786073

>Forcing obsolete nationalism in a globalist economy.

>> No.8786233

I want everyone who defends trump on this board to ask themselves when is the last time they bought anything made in America. If they can legitimately point to everything in their house and say that it was made in America, then maybe we can have a conversation.

>> No.8786249

>>8784498
Trump is literally all in on bitcoin right now, doing his best to crash the world economy so BTC pumps like fucking crazy. Greatest businessman who ever lived.

>> No.8786273
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8786273

>>8785306
give us evidence it isnt

>> No.8786314
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8786314

>>8786233
foreign Jew detected

>> No.8786343

>>8786233
I have some t-shirts made in America. I have some guitars made in America. My dogs were made in America. Trump is a god. Trump gave me my dogs. Thanks to him and Ivanka having sex I have 2 beautiful dogs I adopted.

>> No.8786359

>>8784498
It seems like a stupid idea, but if it helps the economy in the long-term, then whatever.

Problem is, it won't, and it's not helping us in the short-term either. It's flat out fucking stupid. The economy was all this guy had going for him and he's losing it. If the economy is tanking next year he can kiss his second term goodbye.

>> No.8786362

>>8786273
the default assumption is that the dispute settlement process is fair because it rationalizes it's rulings and provides a venue for each member to present their case. insofar no member has provided any evidence that the panels have ever been corrupted. the WTO consists of 164 different members. the dispute settlement process is fair and transparent using existing rules that all members have agreed upon.

eat a dick.

>> No.8786378

>>8784498
so we stop buying chink metal for cheaper then american steel is sold for. You want to make america great again? keep american money in america

>> No.8786391
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8786391

>>8784498
>importing chinese knockoffs

>> No.8786425

>>8786273
>>8786362
get fucking btfo trumptard

>> No.8786435

Tariffs on China mean that more shit will be made in North America and that means more jobs and prosperity here at home. People without college degrees will be able to get real manufacturing jobs instead of flipping burgers.

>> No.8786441

>>8784498
can someone please defend being such a vagina you keep a bad deal that screws us?

>> No.8786460

>>8784498
We need to bring industry back to U.S.

>> No.8786492

Just to impress blue collar workers for the midterm elections. The US dollar is the world's most important reserve currency. A privilege that is defended with the biggest defense budget in the world. Americans can print money and it will automatically have a value since goods like oil are traded with it. So why not use this privilege to buy goods from all over the world?

>> No.8786541

>>8786492
just to impress? this is our lives dude, you can either buy shit tier goods from korea or buy american made and employ your fellow american. god forbid if the corporate world takes a hit on profits.... this is how we keep jobs in america and keep our trades paid

>> No.8786615
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8786615

>>8785032
what about printing 1.17 trillion dollars?

>> No.8786656

>>8784498
100 bill ? That's it? There's so much money in the world. One guy even has 27 Trillion. Go look up shit

>> No.8786685
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8786685

>>8785070
this

>> No.8786745
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8786745

>>8786233
>thinking that everything being made in China is an argument against tariffs
Wew

>> No.8786944

>>8784602
China holds at least two trillion dollars if not more. They are the country that buys our bonds that finance our out of control spending more than we take in w/ tax's. So, go China stop buying our debt bonds, that will fuck the Americans.

>> No.8786995
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8786995

>>8786362
didn't address my statement in the least!
>i win

>> No.8787703
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8787703

>>8786435

>> No.8787796

The yuan is basically just a worthless shitcoin that the chinks can print at will, and we allow them to exchange it for our assets

>> No.8787813

>>8784498
CheyeNA

>> No.8787818

>>8786233
That’s the point dipshit.

>> No.8787856

>>8784498
China sells a fuck load more stuff to us then the US sells to them. China gets fucked in a trade war.

Perfect example that they don't even know what they are doing is tariffs on US soybeans. Only a complete moron would tariff food on a 1.3 billion population country.

>> No.8787889

>>8786359
400 billion dollar trade deficit, currency manipulation, complete theft of intellectual property. We’ve been in a trade war with China that we haven’t even been fighting.

>> No.8787925

>>8787856
There isn't a country on this planet that comes close to US consumption. The closest is the EU, but they are still behind the states. Everytime I hear someone say this is going to hurt the US worse than China, I know they are either an idiot, or a shill for keeping the gravy train going for china. The chinese could end this by making concessions, instead they want to bluff and "pay any cost" which will help the US and hurt China in the long term. China has competition when it comes to cheap labor, there is no competition for the US consumption of goods.

>> No.8787935

>>8787889
No shit. This should have happened 20 years ago.

>> No.8787943

>>8787856
This. The chinese are great at mass starvation, theft, and fraud. They have never won a single fucking war in their history.

>> No.8787948

>>8786615
>replace a 1.17 trillion debt to the Chinese with a 1.17 trillion debt to Goldman and JPMorgan
good goy

>> No.8787992

There is nothing that China provides that we can't provide for ourselves, or get from somewhere else.

>> No.8788100

>>8787992
>overtly optimistic burger

>> No.8788244

>>8788100
Yes, they can give up their best bargaining chip by selling off US treasuries, and impose tariffs that dwarf the amounts we can impose on them. And then where are they going to go? There is no other country that can fill the void left by the US. Explain to me how the US loses in the long run, and China wins? Because I have to pay more for some shit I don't need?

>> No.8788276

This should have been dealt with in the 90's or early 2000's, and here we are now. Completely out of control, and the longer you wait, the harder it will get.

>> No.8788537
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8788537

Cause he's a dumb fucking cuck and biz is in denial.

We could have played nice with China and let them break our arbitrary IP laws under the capitalist framwork but now the man baby is gonna throw a fit and blow the whole damn sysyem up and China has no qualms about this either.

Capitalism has many contradictions Ed boy.

>> No.8788552

>>8784577
>brainlet detected
most of americas debt is to china

>> No.8788558

>>8784498
I don't give a fuck what happens as a consequence of not getting cheap Chinese shit imported here. It's going to take a decade or two to dig us out of this fucking cheap shit heroin-like products that the US has become addicted to.

Trump will win since they'll run out of products to tariff before we do.

Buy US products, or at the very least, products from Western countries and Japanese/Korean/Slavosphere products. The world will be a better place for your children because of it.

>> No.8788574

>>8788537
>ed boy

Taking financial advices from a cartoon network fag Millen

>> No.8788589

>>8787948
The Federal Reserve, you mean.

That's essentially what China has been doing for years now, except that they just print money to buy gold and now people holding their money assume that it has value.

>> No.8788600

>>8787703
There's no shame in factory work, candyass.

>> No.8788617
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8788617

>>8788574
Better start selling while your stocks are worth something, fag.

>> No.8788664

>>8785690
Fuck your unelected one world government orgs, chang goldberg

>> No.8789845

>>8784498

Because you can now buy oil with the yuan via a futures gold exchange, it's the first big attack on the petro-dollar and thus the US currency reserve status. America are just going to lie down and take the biggest threat to the party their monetary policy like a little bitch? The BRIC countries are making their fist move against the reserve status of the dollar, they want SDR to be the new 'reserve' money.

America doesn't want that to happen, and trade wars are the pre-empt of real wars (Germany didn't do shit until they got squeezed economically), China's whole economy is built around trade and exports, their environment is fucked, they import all their food and baby formula (look at a2m share price for the past year).

When push comes to shove, do you really want to fuck with the country with the defense forces that has so much force projection they can murder people with RV planes? Sure there have been empires in the past, but America would have zero issue fucking with china, they have no food security, they have no force projection, America could easily blockade & wreck their export game, block their import game (good luck feeding over a billion people when you've fucked your land through decades of pollution), America know this which is why you're getting the trade war, they are negotiating better terms (read: killing the yuan oil future).

As for the 'china will fuck with the US', look at what happened when OPEC tried to jack up the price of oil a decade ago, they thought we'll constrict supply and make america pay us more money, what happened? Amerifucks took shale oil from a crazy idea to something that is cheaply produced, effectively giving America decades of resource secuirty from their own supply, not to mention effectively capping the price. The US are, by their nature, radical problem solvers, when they are up against a wall, they come up with shit better than anyone else.

>> No.8789870

>>8789845

https://oilprice.com/Geopolitics/International/China-Set-To-Launch-Yuan-Prices-Oil-Futures-Next-Month.html

https://www.goldmoney.com/research/goldmoney-insights/the-yuan-oil-future-and-gold

Literally came out days ago & now this trade war shit heats up, it's not rocket science.

>> No.8789958

>yeah, fuck the chinks!
>usa number 1!
>has a portfolio full of erc20 chink shitcoins
never change biz, never change.

>> No.8789969

>>8789845
What will happen is NATO and the SCO (Chinese nato) will bump heads economically.
Only a fucking moron would think America won't be effected by this in any way by massive tariffs and sanctions from SCO allies like Russia and India and Chinese tariffs, ofc.

China is basically the largest consumer of our products.

Oh an your notion that Americans are "go getters" is sophomoric idealism.

>> No.8790081
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8790081

Americans are proven retards who lack critical or even fundamental thinking with a short sense of history.
When they recently refused to sell tech/goods to China,
China buys the same exact/better tech from South Korea/Japan/Germany/Europe/Taiwan/Singapore.
or even worse, produce a better domestic alternative to be less dependent on American components (i.e Taihu/domestic semiconductors/processors/The Chinese space program)

In the end, Americans will not only lose their customers in China but China itself will grow stronger in the process.
The same exact process happened in 60s/70s Japan/Germany and 00s Korea.
Locals will simply buy more local products in spite of American protectionism and just like that, America definitively loses another market.
Only this time, the American govt is in no position to bail them out.

The main reason why Americans had such a massive deficit is that their products are simply not competitive on the global stage.
At current time, there is no American import that can decisively outcompete the Japanese/Koreans/Germans/Chinese in most if not all market segments.

>> No.8790144

>>8785048
You're probably some alt right tard that thinks we only get trinkets from them. You have no idea what you are talking about.

>> No.8790148

>>8789969
The funny thing was the Chinese were planning to enter the American market
and they were prepared to open up factories & set up shops IN the American hinterland just to get market access.
Literally, every Chinese brand from cars/drones/smartphones/consumer appliances/motorcycles to Financial services/construction
Just imagine how many jobs would be created from that alone. And yes like the Japanese before, they are willing to hire AMERICAN and revitalise communities.

Even Chinese car companies like Wey/GAC/Geely were even negotiating hard with American dealerships towards getting mkt access.
But it all had to be put on hold because the US in their pettiness/arrogance couldn't see the bigger picture.

>> No.8790161

>>8787856
I laughed my ass off when I read that headline. The chinks don't trust their own food supply. Especially, their growing middle class.

>> No.8790171

>>8790161
Yet their food is fresher than yours.
Explain, Burger

>> No.8790185

>>8788552
Foreign debt nigger. Doesn't include domestic which is bigger by a huge margin.

>> No.8790208

>>8784498
>hurrr lets lets a communist state that just elected someone for life to push us around.

Fuck the chinks. They are agressive until you stand up to them.

>> No.8790224
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8790224

>>8790148

I agree to some extent, tho, many of those jobs were set to be automated, imo. Though it still would have orivudes marginal increase in jobs and an increase in productivity which means a better general standard of living and higher real wages.

>> No.8790231

>>8790171
Soy is a big part of their diet. Their fresh food isn't going to fill their stomachs. Look what happened to oakies during the great depression when people could only eat greens.

>> No.8790260
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8790260

>>8790231
>with out soy China will implode.

>> No.8790437

>>8790231
The thing is China had already secured its food supply from their investments/partners in Africa/South America/Southeast Asia/Australia/Russia/Europe, as well as their own farmland.
They will simply replace the US as China's agricultural importer, become richer and America will become poorer for it.

Some reading material:
https://www.nationalgeographic.com/magazine/2018/02/feeding-china-growing-appetite-food-industry-agriculture/


P.S
The Chinese are the ones who created the entire base for agriculture/fisheries for the entire Pacific coast.
To say they can't farm is stupidity at best

>> No.8790567

100b is nothing lol

bill gates has that much

>> No.8790582

>>8790567
God damn 4chan is dumb.
Imagine what would happen if Bills assets just vanished.
Millions of people would be out of work the economy would take a massive hit.


God damn, go back to b.

>> No.8790852

>>8790437

well all that shit was likely to happen anyway wasn't it, at least this we broke up with them

>> No.8790928

>>8784535
image for ants

>> No.8790985
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8790985

>>8786233

you retarded sack of crap

>> No.8791016

>>8786233
Coke vs Pepsi, all politics are the same they just have slightly different flavours.
grow up

>> No.8791174

>>8790171
'Fresh', as in, sat in an outside market surrounded by flies all day before you buy it.

Also, in terms of non-fresh goods, Chinese don't trust some common products like Baby milk powder, because one of their domestic producers added some shit to it which killed a bunch of babies.

>> No.8791237

America salaries are only sustained by a differentiating factor on added value, if you want to produce the same as China then you're going to get Chinese salaries sooner or later.

>> No.8791316

>>8791174
>Baby milk powder, because one of their domestic producers
Last time, I checked
Half if not most of the blame lie solely on Fonterra, a NZ milk producer, despite Sanlu being the convenient scrapegoat.
https://en.wikipedia.org/wiki/2008_Chinese_milk_scandal
https://www.cnbc.com/id/100938448

The QC law regarding Milk powder formula has been implemented ever since that scandal and is successfully enforced.
And it is safe.
https://www.chinalawinsight.com/2018/01/articles/corporate/new-era-for-infant-formula-in-china/


Anyways, the Chinese domestic milk producers are growing ever stronger, despite that crisis and in spite of your opinion.
http://www.chinadaily.com.cn/business/2017-11/17/content_34636917.htm
https://www.marketresearch.com/product/sample-7727438.pdf
https://www.mckinsey.com/global-themes/china/digitizing-dairy-in-china

>> No.8791385

>>8791316
The media can paint a picture that confidence is growing, but the thousands of people crossing the Honk Kong border every day with suitcases full of it tells a different story. Hong Kong sales of baby powder are massive.

China has placed a cap on the amount you can carry over the border because it's damaging domestic sales. Another example of their protectionist policies in play.

I doubt confidence will be recovered completely for more than another generation. When you consider that Chinese babies are usually raised by both their mother and maternal grandmother, the current generation of mothers will not have their grandchildren consuming the domestic produced stuff either.

Also, a /biz/ idea for anyone there. If you can figure a way to smuggle truckloads of baby powder into China, you'll will make a fucking killing.

>> No.8791398

>>8791385
>I doubt confidence will be recovered completely for more than another generation
Yet it is recovering

>> No.8791438

>>8786541
The corporate world wont take a hit to profits, the corporate world NEVER takes a hit to profits. They will raise the prices of their goods to compensate and you'll end up funding this trade war.
The big end of town wins either way.

>> No.8791715

He's playing like China now. Thinking that what is good is what is best for us while fucking everyone else. I like that

>> No.8791979

>>8784951
Man, it's like going on a diet, or working out. Hard in the short term with huge long term benefits.
So for a little while, it won't be cheaper to buy a new printer then it is to just buy new ink. But once we start making the printers here, everyone has more money so it evens out.
More nationalistic, less individualistic

>> No.8791998

>>8786745
This guy gets it.

>> No.8792012

>>8784559
This.
If china can't proviede the shitty pay for its workers, political uprising is going to destabilize the whole country.

>> No.8792735

>>8789969
Nobody thinks america won't be effected by this, they just think the effect will be much worse if we wait another 20 years. THis should have been taken care of years ago.

>> No.8792751

>>8790081
locals will simply buy more local products

buy them with what?

>> No.8792765

>>8790144
Thats the majority. Everything can be shifted back here or to one of Chinas competitors for cheap labor. They have don't have anything that we cant get from somewhere else.

>> No.8792785

>>8790148
Sure. Just give them a few more decades americans.
China doesnt give a shit about the US.

>> No.8792799

>>8790231
Most of our diet is rice, then wheat. I don't think I ever eat soy other than soy sauce. >>8791385
Every country buys stuff from other countries. It's called trade. You can argue the level of trade, in which case China is a net exporter.

Every country has a limit on the value of goods over the border before it starts tariffs.

>> No.8792829

>>8792765
And who will work these factories? Unemployment is at 4.1%, which is the average level, consisting of people who are looking for new jobs but haven't found them. Labour participation rates are at 64%, under the all time high of 2008 66%.

>> No.8792839

>>8791979
that's not how it works at all

>> No.8792876

a bunch of faggot teenagers and manchildren on 4chan think they know better than a lifetime businessman who has been dealing with the chinese on a professional level for fucking decades

amazing

you know why norks came to the table? because Trump knows how to deal with asian bravado
rattle your sword and swing your dick harder than an asian, and they will kowtow - yes its that simple

they don't want confrontation, they just want to be perceived as superior

once that becomes a fundamental impossibility (that perception of superiority), they change gears and become instantly servile

the chinks are getting their dicks slapped in two areas - by the US navy in Asia/Pacific, and now on the economic front, as the USA finally puts its foot down and says that the unfair trade practices are ending today

its a great thing, and you should be fucking proud to have a president that remembers that the USA runs this shit (the world), and isn't afraid to remind all the shithole parasite nations that rely on us to keep them afloat, that we own them

>> No.8793105

>>8792751
>>>8790081
>locals will simply buy more local products
>
>buy them with what?

The correct answer is Crypto.

>> No.8793132

>>8792876
Surprisingly insightful. I live in an Asian country and westerners who come here and who try to adopt the local culture are treated with mild bemusement at best, but usually with some amount of disdain. If a westerner acts like arrogant snob, the Asians remember very quickly that it was indeed the stinking gaijin/laowai/farang who conquered half the globe.

>> No.8793195

>>8792876

Lmao @ this delusional mutt.

>better than a lifetime businessman who has been dealing with the chinese on a professional level for fucking decades

He was "dealing with them" as a businessman, not as a politician. if you really think that he was putting 'America first' as a private businessman, and not his own interests you're extremely naive.

>you know why norks came to the table?

Because they always do, when they run out of food/money. This 'North Korea crisis' isn't happening for the first time. Unless you're underage and don't remember anything.

>rattle your sword and swing your dick harder than an asian, and they will

make sure that you'll regret that

>they don't want confrontation

So when Drumpf is bringing it to them they will make sure it backfires.
No wonder his top economic advisor resigned when he heard about the tariff proposal. His presidency is going to be a colossal disaster for the US.

>its a great thing, and you should be fucking proud to have a president that remembers that the USA runs this shit (the world)

Who is "we", Mr. 56%? Is your last name Rothschild or Gates? Maybe at least Blankfein or Soros? I always LMAO when I see Joe Schmo from a trailer park in Bumfuck, Nowhere boasting about ''WE WUZ OWNING THE WORLD! USA! USA!". You don't own shit, bud. ;^)

>> No.8793324

>>8792829
Factories making what? If the US needs to bring back steel and rare earth metals, then they will and can heavily subsidize the industry. I am looking for the answer that China has to this, which would force the United States hand. The chinese are stupid to even try to escalate this "trade war". They are smarter than that, and they always think long term unlike the americans.

>> No.8793371

>>8790081
China doesn't have a population of people buying tons of things. They don't consume. Americans consume. And under this logic, the US will win even more than the chinese if you think buying locally will increase. There is no way for China to win this war.

>> No.8793712

>>8793371
>China doesn't have a population of people buying tons of things. They don't consume.

>all major brands (car manufacturers, consumer electronics, fashion, entertainment, finance industries consider China one of the most important markets
>Hollywood constantly publishes data how much its blockbusters earned in China, considering it the third most important market after the US and the EU
>China wasn't affected by the Great Recession as hard as the US and the EU, its economy was growing and middle class expanding
>Chinese millionaires buying out entire housing blocks in Canada, England and the US

meanwhile on /biz
>chinese don't consume xD
>they are still working for a bowl of rice a day, m8 haha xDD

The absolute fucking state of /biz.
Even /pol is less ignorant.

>this is what typical American believes

>> No.8793721

>>8793371
China has already surpassed the US as the worlds largest retail market. they consume a lot. the only reason why you think they don't consume is because you are valuing their goods at a nominal($US), not at PPP to take into account their cheaper domestic goods.

>>8793324
the issue is if America subsidizes industries to make what it imports from China, who will pay these subsidies and where will the money from? one way or another the american consumer will have to pay more taxes or receive less services for the same product at a higher price. this will hurt your consumption based service economy. make no mistake, a trade war will be harmful to both china and america no matter what. inflicting more 'damage' onto the other while being hurt as well won't make you win, it just makes you both losers. the real winners will be the 3rd party countries that will be mediums for American and Chinese products to pass through. where do you think the American soybeans will go if they can't get to china? and where do you think china will get their soybeans if not from america? it's just the same shit with more steps now that they have to pass through other countries to get their goods.

>> No.8793745
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8793745

>>8784559
this

>> No.8793803
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8793803

>>8785097
>>8786233
>>8786425
>>8788100

>> No.8793939

>>8793712
The average chinese income is less than $5,000 per year you fucking retard.

>> No.8793963

>>8790260
what the fuck...
Was that the plan from the beggining?

>Not enough numale soyboys in the US
>China consuming all of US' soy
>Engage in a retarded trade war resulting on bigger tariffs on soy
>Surplus SOY
>NWO continues

>> No.8794002

>>8793712
China has over 100 other countries ahead of them in household consumption of goods.
China wasn't affected because their economy is a house of cards filled with giant ghost cities.
Chinese corruption is so rampant the govt couldn't control it if they wanted to, which is why the US has to do something.

>> No.8794007

>>8793195
t. Sunny Wong

>> No.8794024

>>8793745
What? I thought there was a huge middle class buying tons of shit they don't need over there?

>> No.8794065

>>8793721
Nobody thinks it will not damage the US.

>> No.8794124

>>8794065
exactly, you'll both be losers. the mentality that 'oh i'll be better off as long as you get hurt more then me' is fucking retarded. it's just going to create more uncertainty in the world and nobodies life will be better off save a few special voters who can get some government subsidies and be protected from the ensuing fallout.

>> No.8794153

>>8784559
>dumps treasury bonds

>> No.8794189

>>8793939
>t. i don't know what PPP is

Also China has population of 1.4 billion people, you fucking retard. Of course not all of then are rich and that is skewing the average. Even if you subtract all poor rural people that's still hundreds of millions of middle class citizens living in big cities.
But sure, continue to live in ignorance and believe that "all chinese are poor, lol".
The more delusional, ignorant and arrogant idiots live in the US the sooner your abomination of a country will disintegrate.

>>8794002
>China wasn't affected because their economy is a house of cards

the US economy and the entire world economy is also a house of cards, propped up by quantitative easing, printing trillions of worthless fiat money and endless accumulation of debt.
And don't get me started about ghost towns in the Midwest and the Rust Belt or the institutionalized corruption in the US (lobbyism and corporatism).

>>8794007

not an argument, Cletus

>> No.8794197

>>8793721
They have a huge population, that is very poor, even if they are relatively well off in comparison to their past. It doesn't change the fact that they need us more than we need them, and China is smart enough to know this.

We know this will hurt the United States, but its a price worth paying in the long run. This should have been done years ago, but we didn't want to confront the issue. The longer you wait, the worse it will be.

That is the point, you are creating a superpower threat to your existence, so inflicting more damage on them, regardless of the effects on you is necessary.

China hasn't surpassed the US in anything, they are behind the US and the EU, and they are barely ahead of Japan, again all of these reasons further prove why the US should have already went down this road, before they were even in a distant third place. No matter which way you look at it, they are not even close to western markets.

>> No.8794241

>>8794197
oh great, it all boils down to 'we want to be number one and even if we have to make both our lives miserable, as long as we are number one that's okay' crabs in a bucket mentality.

thanks bro, you just really opened my eyes to how Americans think of the world, as its servant.

p.s china has surpassed the USA in GDP PPP and by around 2030 in nominal.

>> No.8794262

>>8794189
Nobody thinks "all chinese are poor" its just a reality of the situation in China.

There is no comparison to ghost towns in the midwest, ironically from moving of factories overseas to places like CHINA, and entire cities being built to maintain an illusion of growth by the Chinese Govt.

I am not arguing that the US is better, or the chinese are poor, I am simply stating that this is a no win scenario for China, and will benefit the US in the long term. Again, where is China going to go when the US no longer props up their economy through trade? Which country or countries are going to fill that void?

>> No.8794289

>>8794241
You think the US doesn't want China as an ally? Its about common sense. That GDP goes into the ghost towns being built by the state.

>> No.8794340

>>8794289
>>You think the US doesn't want China as an ally

i think it's pretty obvious at this point that the US wants Allies. just not Allies that are bigger then them.

>> No.8794367

>>8794241
Could the chinese govt even enforce restrictions on the IP theft? Do you think they even want to do that? China is a global superpower, in direct competition with the US, so why do you think the US should continue as is?

>> No.8794446

>>8794367
then take it to the WTO and have then legitimize tariffs instead of arbitrarily saying China steals IP's. China does not force companies into giving up secrets, why don't they have access to source code from Apple or Microsoft? or even the ability to demand design prints for Intel chips? the fact is, the legal system in China with regards to IP is infantile compared to more developed nations. if there is a legitimate complaint, take it to the WTO, that's what all countries agreed to do when they joined the WTO.

the US should continue to innovate as they have always done, be leaders in technology, research and manufacturing of complex goods. things that they are good at. if America is as good as they claim to be at innovation and creation, what is there to fear from communists that only know how to copy things? they'll always be steps behind right?

>> No.8794454

>>8794262
>Again, where is China going to go when the US no longer props up their economy through trade?

You don't even try to hide your arrogance and morbid jingoism by asking a question like that, do you? That's the result of American MSM brainwashing.

You might be surprised how many countries will use this exact opportunity to finally serve a nice hot cup of 'fuck you" to arrogant Americans, who unironically believe that the whole world is only America, and nothing else, just like you do apparently. But sure, continue to believe that "Chinese economy will crumble without American market, because Charles Krauthammer said so on Fox News".

Then your Fox News "pundits" will cry and ask
>oh, w-why do they all hate us ;_;

>> No.8794783

how will the trade war affect the EU?

>> No.8794869

>>8794454
Cable news is trash. I don't watch any of them.
If you are fishing for compliments on China, I can give you a million of them on how they are superior to the US. I am simply talking about this specific situation.
If anything, the media is trashing it, not praising it.

>> No.8795025

>>8794367
>Could the chinese govt even enforce restrictions on the IP theft?
>mfw American complains about theft

Oh, I don't know... could the US government even enforce restrictions on the NSA, against conducting industrial espionage on European companies?

>http://www.sueddeutsche.de/politik/die-neue-bnd-affaere-ein-foul-mit-folgen-1.2448810
>The Land of The Free demands ''cooperation" between secret services in fight against terrorists (who were supplied, trained and nurtured by the US in the first place, since the Soviets marched into Afghanistan)
>NSA uses the EU infrastructure to steal technologies from allies

But sure, i forgot the usual arguments of American patriots -
>Murrica is Numba One in the world! MAGA! xD No one else matters! Fuck the EU! Cucked Europoors are just slaves they should obey us or else. China is nothing! xD USA USA USA!1!!

Well then, don't be upset when ''slaves" will start to stab you in the back at a first opportunity. America will have quite a few knives in its spine very soon, if it remains as arrogant and oblivious as it is right now.

>>8794869

It's not even about compliments to China. I don't even like China. It's just that blind arrogance and underestimation of your rival is far worse.

It's more about the fact that you can't just spend decades building up and promoting (and even enforcing) globalization and free trade around the world, like the US did, and then just say
>fuck all y'all, Murrica first!

and then expect that no one will react to that and America retains its international position, as if nothing has happened. You want your jobs back and cut the growth of China? Okay, that is understandable, but there will be a price to pay for this.

>> No.8795098

>>8794783
We will be the jews making profits on both ends.

>> No.8795125

>>8795025
>It's more about the fact that you can't just spend decades building up and promoting (and even enforcing) globalization and free trade around the world, like the US did, and then just say
>fuck all y'all, Murrica first!

didn't america already pull this off with the Plaza Accords? Why are you surprised now?

>> No.8795183

When you get bullied, you stand up for yourself. You might get beat up but that's better than losing your lunch money everyday

>> No.8795708 [DELETED] 
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8795708

>>8792799
Soy is what is mainly used in animal feed though. You're going to see the prices of everything go up if they can't sell
>>8795183

>> No.8795747
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8795747

>>8795183

>> No.8795783

>>8784559
Why are people unable to do a simple Google search before writing shit that makes them look severely mentally retarded?

>> No.8795805

>>8785048
>"What will I do without all my cheap chink shit, oh noooooo"
>Written on a piece full of electronics from China

The "boycott china" crowd are so fucking pathetic it's funny

>> No.8796572

>>8784498
>>8784498
because trump is asian

>> No.8796862

>>8784951
>by increasing the cost of goods for every American.
this, or a nation of service providers that don't actually make anything themselves. This shift from making solid shit to watery diarrhea is the ultimate ponzi scheme.
>You have to go to college anon
>i know it is too expensive, but you have to go
>I know you're failing out because you weren't meant for this, but you NEED to graduate
>I know you didn't graduate, but you still have to pay back your student loans, quit wasting your time playing with engines.

>> No.8797499

>>8784630
Leave a few million alive so that they can continue to make those cheap smartphones that i like so much

>> No.8797710

>>8794446
>China does not force companies into giving up secrets

......yes they do. Companies are forced into doing exactly that.

>> No.8797908
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8797908

>>8797710
Don't be angry.

>> No.8797945

>>8785070
>Run it into the ground
>Use bankrupcy as negotiation leverage to freely manipulate debtors.
>Come back richer than ever.

>> No.8798474

>>8795025
found the gook

>> No.8798588

>>8789969
India and China fucking hate each other. Russia and China fucking hate each other. I'm sure such an alliance will work out swimmingly.

>> No.8798709

>>8784498
Targeted tariffs will just move factories out of China into Bangledesh, India and Vietnam. The economic impact is exaggerated, as long as Trump keeps it a target tariff and not a general tariff.

>> No.8798832

>>8797499
Not even cheap anymore

>> No.8799660

>>8797710
then please provide me with the rationale as to why these secrets are selective? example, apple, microsoft, intel have not given up any trade secrets. are we mistaking information sharing from stealing?

>> No.8799743

>>8794153
>losses billions in investment
>>8784559
China has several other big ways to fuck with us. They can restrict tourism to the USA, raise prices of rare metals which they have 90% of across the globe, and a bunch of other stuff

>> No.8799874

>>8799660
What is Taiwan?

>> No.8799930

>>8794007
kek

>> No.8799998

>>8785124
>TWO treats world's 2nd biggest economy as developing nation
Hhaahha

>> No.8800248

>>8791979
sounds a lot like communism