/twg/ - Trade War General

[Anonymous No.9902595]

The US and China are now officially at trade war. What are the implications?

[Anonymous No.9902691]

I guess Chinese beer will be more expensive

[Anonymous No.9902716]

>>9902595
China will, at some point, dump their dollar reserve
Probably for gold futures, and probably through private hedge funds

[Anonymous No.9902718]

>>9902595
china lose

[Anonymous No.9902760]

>>9902718
Everyone loses.

[Anonymous No.9902803]

cnbc christ.. the upside down world news

[BusinessBro !!DECmxxLQAfk No.9902839]

>>9902595
It depends on what goods get tariffs placed on them.

The industries in the US that are on the tail end of the tarrifs may end up having to lay people off because of the inability for company to continue to sell its goods at the current market price that it's enjoying now.

The same would happen to the Chinese companies that are on the tail end of the US tariffs.

Either way it'll end up hurting the GDP of both countries and end up costing jobs.

The European nations and the US tried this exact type of policy during the Great Depression and all that ended up happening was all the countries that did this couldn't trade with each other with costed millions of jobs, lowered the standard of living and made the Great Depression that much worse.

[Anonymous No.9902929]

Can we have a presidential Candidate that isn’t a corrupt egotist moron (tr*mp) or a gangster p*do (Haitch Are Cee)?

[Anonymous No.9902964]

>>9902839

how much does china buy from the us?

how much does the us buy from china?

not sure America will lose jobs

[Anonymous No.9902972]

>>9902595
Fucking lol, what are they going to do? China already blocks US imports and that's how we got into this mess in the first place. Literally nothing of value of was lost.

[BusinessBro !!DECmxxLQAfk No.9903041]

>>9902964
Off the top of my head I don't know, but on the US gov's website on trade, it states that "According to the U.S. Department of Commerce, U.S. exports of goods and services to China supported an estimated 911,000 jobs in 2015 (latest data available) (601,000 supported by goods exports and 309,000 supported by services exports)".

and

"China was the United States' 3rd largest goods export market in 2016."

With that in mind, it could very will cost jobs if those specific goods and services industries are targeted (which they most likely will).

https://ustr.gov/countries-regions/china-mongolia-taiwan/peoples-republic-china

[Anonymous No.9903056]

Deep recession in the US: people whine
Deep recession in China: full blown revolution

[Anonymous No.9903080]

The Chinese are bluffing. Enjoy getting shit quality steel and radiated basedbeans from Russia kek

[Anonymous No.9903086]

>>9903056
China's been through worse.
US can't handle spending more than a dollar at Walmart.

Checkmate atheists

[Anonymous No.9903088]

>>9903080
theyll buy steel from europe and onions from brazil, dude
the us isnt as important as the us thinks it is

[BusinessBro !!DECmxxLQAfk No.9903092]

>>9903056
You'll likely see heavy unrest in China if their country faces a recession, but remember that their security apparatus, combined with the fact that the Chinese have minimal to no rights (meaning that the Chinese government can kill/imprison people at will), means that any revolution in China most likely won't be successful without the help of an outside country.

Just take a look at what happened at Tienanmen square. Some students protested for democracy and a bunch were killed as a result.

[Anonymous No.9903101]

>>9903080
China about to show US how they've been sold out over the decades

[Anonymous No.9903105]

>>9903088
We're their best customers and they know that they would be unable to sustain their current growth without us. Exporting to Europe and Brazil just wouldn't cut it. Chinese have always been full of shit.

[Anonymous No.9903120]

If you're a domestic business owner, and your foreign competition's prices rise due to tariffs, do you raise your prices too?

[Anonymous No.9903126]

>>9903092
Uhu, yea, sure. Moron, try reading a book about international politics first before crapping all over your keyboard.

[Anonymous No.9903133]

>>9903126
Not an argument.

[BusinessBro !!DECmxxLQAfk No.9903135]

>>9903120
It depends on what your other competitors are doing really.

>>9903126
Excellent counter argument.

[Anonymous No.9903137]

>>9903105
this phase in chinese power expansion isnt a time of export
china is importing minerals
africa is controlled by china, and australia is a chinese mine
do you actually believe the current century will not be dominated by chinese trade?

[Anonymous No.9903225]

>>9903120
yes you do.

[Anonymous No.9903306]

>>9903133
>>9903135
How about you two first figure out a non-ambiguous answer.

[BusinessBro !!DECmxxLQAfk No.9903339]

>>9903306
Sure, I provided an argument stating that a revolution in China likely wouldn't succeed based on past evidence of something similar happening in the country.

You responded by calling me moron and not providing any solid points or premises as to why you think my conclusion is wrong. Instead you resorted to ad hominem name calling, which is a logical fallacy.

You probably think you're really cool and clever posting nonsense and being edgy on an online forum, but everyone just thinks you're a dumbass.

[Anonymous No.9903400]

>>9903306
Well your statement is pretty ambiguous as well. Without a specific product or market conditions known the options can vary wildly.

[Anonymous No.9903509]

>>9903339
Boohoohoo. Frickin' crybaby. Go to yo momma, but not after I'm done with her. Ghehe ghe ghe ;)

[Anonymous No.9903645]

China will absolutely not dominate the current century. They don’t have the means or the will to rebuild a global trade system not built by Americans, and they are at their demographic peak right now. Every 17 days the Chinese central bank issues shadow loans equivalent to the one time Obama stimulus package in 2008. Now factor in energy scarcity due to American absence, look at a world map of oil dependency and you can see the Chinese problem. They’re export economy is heavily dependent on oil imports, which are protected (as a global system) by the American navy. Look at capital outflows the past year alone, the Chinese know the end if nigh

[Anonymous No.9903754]

>>9903339
>>9903509
Status
not told
X fuckin told

[Anonymous No.9903775]

>>9903754
Status: fucked yo momma! Ghe he gehghe