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TRUMP EPIC ANTIGLOBALIST TWEET NOW:"With China we lose 500 Billion Dollars. Sorry, we’re not going to be doing that anymore!" superpin

 
Anonymous Coward
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05/06/2019 07:21 AM
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TRUMP EPIC ANTIGLOBALIST TWEET NOW:"With China we lose 500 Billion Dollars. Sorry, we’re not going to be doing that anymore!" superpin
The United States has been losing, for many years, 600 to 800 Billion Dollars a year on Trade. With China we lose 500 Billion Dollars. Sorry, we’re not going to be doing that anymore!

he just destroyed globalistic ideas for profits only.

[link to twitter.com (secure)]

clappa

:pin:
Anonymous Coward (OP)
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05/06/2019 07:22 AM
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Re: TRUMP EPIC ANTIGLOBALIST TWEET NOW:"With China we lose 500 Billion Dollars. Sorry, we’re not going to be doing that anymore!" superpin
final bump for the Trumptards.
Nobody You Know

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05/06/2019 07:28 AM

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Re: TRUMP EPIC ANTIGLOBALIST TWEET NOW:"With China we lose 500 Billion Dollars. Sorry, we’re not going to be doing that anymore!" superpin
bump
Anonymous Coward
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05/06/2019 07:36 AM
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Re: TRUMP EPIC ANTIGLOBALIST TWEET NOW:"With China we lose 500 Billion Dollars. Sorry, we’re not going to be doing that anymore!" superpin
It's election time

It's time for him to go up in front of the cameras and say China is killing us on trade


Meanwhile all things Trump are made in China



Epiclol
Anonymous Coward
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05/06/2019 07:40 AM
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Re: TRUMP EPIC ANTIGLOBALIST TWEET NOW:"With China we lose 500 Billion Dollars. Sorry, we’re not going to be doing that anymore!" superpin
It's election time

It's time for him to go up in front of the cameras and say China is killing us on trade


Meanwhile all things Trump are made in China



Epiclol
 Quoting: Anonymous Coward 3128944


He is preparing some spin for another Art of the Fail. This just in:

The US-China trade talks are at risk of breakdown

JUST AS it looked like America and China were close to a deal, President Donald Trump has brought the two countries back to the brink of a full-fledged trade war. In a pair of tweets late on May 5th he threatened to slap 25% tariffs on all Chinese imports, a rate that applies to only a much smaller portion of imports now. “The Trade Deal with China continues, but too slowly, as they attempt to renegotiate. No!” he said. Only a month ago he had trumpeted that an “epic deal” was in the works.

Intensified meetings in recent weeks had fuelled the impression that an agreement was in the offing. American negotiators, led by Robert Lighthizer, the United States Trade Representative, were in Beijing last week. This week Liu He, a Chinese vice-premier, was due to lead a delegation of dozens of high-level Chinese officials on a trip to Washington for the next round of discussions. Observers had started to scrutinise Mr Trump’s public schedule to find gaps when Xi Jinping, China’s president, might meet with him to sign their pact. June looked like a good option. Few would bet on that today.

[link to www.economist.com (secure)]
Anonymous Coward
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05/06/2019 07:42 AM
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China was considering delaying a U.S. trip this week by a trade delegation led by Vice Premier Liu He after Trump’s tariff threat, according people familiar with the matter. Liu and about 100 other officials had been scheduled to arrive Wednesday for what was shaping up to be the final round of negotiations.

“Risks of a full blown trade war are escalating,” Chua Hak Bin, a senior economist at Maybank Kim Eng Research Pte. in Singapore, said before the ministry’s announcement. “Trump’s threat may backfire as China will not want to negotiate with a gun pointing at their heads.”

[link to www.bloomberg.com (secure)]
Anonymous Coward
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05/06/2019 07:44 AM
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Re: TRUMP EPIC ANTIGLOBALIST TWEET NOW:"With China we lose 500 Billion Dollars. Sorry, we’re not going to be doing that anymore!" superpin
Where are you going to buy the stuff which stops coming from China next, Muricans?
MissCleo

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05/06/2019 07:44 AM

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Re: TRUMP EPIC ANTIGLOBALIST TWEET NOW:"With China we lose 500 Billion Dollars. Sorry, we’re not going to be doing that anymore!" superpin
So here's what happens. Many strong bankers see potential in a country like China and they invest and build up the country. The idea isn't to keep that investment money there forever, it's to take the profit from the investment and move to another opportunity in another region of the world.

Fatcats stayed in China and continued to rake the 1990's train at the expense of the United States. There are more than a couple players here. 25 years returns a good profit and money is pulled to go elsewhere. This is perfectly normal and healthy.

This move isn't a football game, like many of you are reacting to. It's trade and economic growth. China is ok now, they are wealthy and participating in the world economy. It's the Middle East which is not healthy. And there is where our problem is.

Could be Trump wants to invest in rebuilding the Middle East and that would be a disaster.
MissCleo

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05/06/2019 07:45 AM

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Re: TRUMP EPIC ANTIGLOBALIST TWEET NOW:"With China we lose 500 Billion Dollars. Sorry, we’re not going to be doing that anymore!" superpin
Where are you going to buy the stuff which stops coming from China next, Muricans?
 Quoting: Anonymous Coward 76029379


East Africa is the new emerging market. They out produce China x10.

But they are in a state of war.
Anonymous Coward
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05/06/2019 07:48 AM
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Re: TRUMP EPIC ANTIGLOBALIST TWEET NOW:"With China we lose 500 Billion Dollars. Sorry, we’re not going to be doing that anymore!" superpin
Where are you going to buy the stuff which stops coming from China next, Muricans?
 Quoting: Anonymous Coward 76029379


East Africa is the new emerging market. They out produce China x10.

But they are in a state of war.
 Quoting: MissCleo


You do know that China is taking over Africa and fast. They are outsourcing their cheap labor based production to Africa.
walker8989

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05/06/2019 07:50 AM
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Re: TRUMP EPIC ANTIGLOBALIST TWEET NOW:"With China we lose 500 Billion Dollars. Sorry, we’re not going to be doing that anymore!" superpin
I hope we just cancel any debt we have with China. They would probably attack us but then we could be done with them one way or another. Anything would be better then being a slave to a Chinese. Give me liberty or give me death!
Anonymous Coward (OP)
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05/06/2019 07:50 AM
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Re: TRUMP EPIC ANTIGLOBALIST TWEET NOW:"With China we lose 500 Billion Dollars. Sorry, we’re not going to be doing that anymore!" superpin
Massive liberals 3.5$ attack on this thread.
Anonymous Coward
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05/06/2019 07:51 AM
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Re: TRUMP EPIC ANTIGLOBALIST TWEET NOW:"With China we lose 500 Billion Dollars. Sorry, we’re not going to be doing that anymore!" superpin
bump
Anonymous Coward
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05/06/2019 07:51 AM
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Re: TRUMP EPIC ANTIGLOBALIST TWEET NOW:"With China we lose 500 Billion Dollars. Sorry, we’re not going to be doing that anymore!" superpin
Trump tweeted this yesterday:

"For 10 months, China has been paying Tariffs to the USA of 25% on 50 Billion Dollars of High Tech, and 10% on 200 Billion Dollars of other goods. These payments are partially responsible for our great economic results."

This is blatantly false. China does not pay those tariffs as an exporter. American importers pay those tariffs and that cost is passed on to consumers.

How is that "partially responsible for our great economic results."
MissCleo

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05/06/2019 07:53 AM

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Re: TRUMP EPIC ANTIGLOBALIST TWEET NOW:"With China we lose 500 Billion Dollars. Sorry, we’re not going to be doing that anymore!" superpin
Where are you going to buy the stuff which stops coming from China next, Muricans?
 Quoting: Anonymous Coward 76029379


East Africa is the new emerging market. They out produce China x10.

But they are in a state of war.
 Quoting: MissCleo


You do know that China is taking over Africa and fast. They are outsourcing their cheap labor based production to Africa.
 Quoting: Anonymous Coward 75255164


Well yeah, China is smart and mobilizing. And they have the experience. You don't see Americans jumping on that investment because most American's don't have the money or ambition. Americans are too busy being consumers.

All this is fairly basic. Doesn't make someone a "bad guy" because they are developing and investing.

Trump is saying that now that China is on it's feet and powerful they need to pay us more in tarrif, that's all. And now China can afford it, obviously.
MissCleo

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05/06/2019 07:56 AM

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Re: TRUMP EPIC ANTIGLOBALIST TWEET NOW:"With China we lose 500 Billion Dollars. Sorry, we’re not going to be doing that anymore!" superpin
Trump tweeted this yesterday:

"For 10 months, China has been paying Tariffs to the USA of 25% on 50 Billion Dollars of High Tech, and 10% on 200 Billion Dollars of other goods. These payments are partially responsible for our great economic results."

This is blatantly false. China does not pay those tariffs as an exporter. American importers pay those tariffs and that cost is passed on to consumers.

How is that "partially responsible for our great economic results."
 Quoting: Anonymous Coward 77612531


Yes, so the result is that products cost more at the end point. And US consumers will stop buying, thus China loses the sales. Inflation to the consumers. Tighten our belts.

Are you accusing Trump of taking your money? without understanding how trade works?
Anonymous Coward
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05/06/2019 08:06 AM
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Re: TRUMP EPIC ANTIGLOBALIST TWEET NOW:"With China we lose 500 Billion Dollars. Sorry, we’re not going to be doing that anymore!" superpin
Trump tweeted this yesterday:

"For 10 months, China has been paying Tariffs to the USA of 25% on 50 Billion Dollars of High Tech, and 10% on 200 Billion Dollars of other goods. These payments are partially responsible for our great economic results."

This is blatantly false. China does not pay those tariffs as an exporter. American importers pay those tariffs and that cost is passed on to consumers.

How is that "partially responsible for our great economic results."
 Quoting: Anonymous Coward 77612531


A family member works in manufacturing. Their employer buys steel coil from China because.. well...it's cheap. They stocked up big time before the tariffs. Engineers at the firm know the quality is not as high but it meets minimum spec. And did I mention, it's cheap?

Given a tariff that makes the cost the same for higher quality US made steel or Chinese junk, which will they go with? I do agree that the consumer will be the one to pay for this. But the ripple effect is complex.

More US steel needs more workers. Higher demand for workers means higher wages. The product needs to be transported, meaning more trucking fees and more jobs for truckers. More sales of diesel, more truckers eating at truck stops, etc. With more money in their pockets, people won't worry as much about the higher prices and if the quality is better, there is a bonus. More money also means more going out to eat, vacations, etc.
Anonymous Coward
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05/06/2019 08:08 AM
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Re: TRUMP EPIC ANTIGLOBALIST TWEET NOW:"With China we lose 500 Billion Dollars. Sorry, we’re not going to be doing that anymore!" superpin
It's election time

It's time for him to go up in front of the cameras and say China is killing us on trade


Meanwhile all things Trump are made in China



Epiclol
Anonymous Coward
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05/06/2019 08:09 AM
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Re: TRUMP EPIC ANTIGLOBALIST TWEET NOW:"With China we lose 500 Billion Dollars. Sorry, we’re not going to be doing that anymore!" superpin
Trump tweeted this yesterday:

"For 10 months, China has been paying Tariffs to the USA of 25% on 50 Billion Dollars of High Tech, and 10% on 200 Billion Dollars of other goods. These payments are partially responsible for our great economic results."

This is blatantly false. China does not pay those tariffs as an exporter. American importers pay those tariffs and that cost is passed on to consumers.

How is that "partially responsible for our great economic results."
 Quoting: Anonymous Coward 77612531


Yes, so the result is that products cost more at the end point. And US consumers will stop buying, thus China loses the sales. Inflation to the consumers. Tighten our belts.

Are you accusing Trump of taking your money? without understanding how trade works?
 Quoting: MissCleo


No, but the fact is that Trump falsely claimed that "China has been paying Tariffs to the USA".

They haven't.
Anonymous Coward
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05/06/2019 08:10 AM
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Re: TRUMP EPIC ANTIGLOBALIST TWEET NOW:"With China we lose 500 Billion Dollars. Sorry, we’re not going to be doing that anymore!" superpin
This has all the makings of a complete disaster that could lead the stock market to crater," Chris Rupkey, chief financial economist at MUFG Union Bank in New York, said in a note to clients on Sunday.

"Buckle up your seat belt, investors."

Trump also said on Sunday that tariffs paid by China "are partially responsible for our great economic results," although economic studies have shown it's the companies that import Chinese goods and US consumers, not China itself, that pay the bulk of the additional costs.

The Wall Street Journal earlier reported that China was mulling a cancellation of the next round of talks after Trump's tweet.

[link to www.smh.com.au (secure)]
Anonymous Coward
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05/06/2019 08:14 AM
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Re: TRUMP EPIC ANTIGLOBALIST TWEET NOW:"With China we lose 500 Billion Dollars. Sorry, we’re not going to be doing that anymore!" superpin
It's election time

It's time for him to go up in front of the cameras and say China is killing us on trade


Meanwhile all things Trump are made in China



Epiclol
 Quoting: Anonymous Coward 3128944


Donald Trump's China Tariffs Don't Apply to Ivanka

Despite her father’s rallying cry to “buy American and hire American,” 100% of Ivanka Trump’s fashion products were made overseas—at least until early 2017.

And now her goods are avoiding the sweeping tariffs enacted by President Trump in his trade war with China. On Friday morning, Trump implemented $34 billion in tariffs on Chinese goods ranging from auto parts to medical devices, according to the Huffington Post.

Clothing and shoes, like those imported by Ivanka Trump’s company, were spared.

[link to fortune.com]
Anonymous Coward
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05/06/2019 08:22 AM
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Re: TRUMP EPIC ANTIGLOBALIST TWEET NOW:"With China we lose 500 Billion Dollars. Sorry, we’re not going to be doing that anymore!" superpin
Ohhh no the 3.50 dildos will pile in like Michelle dilating Obama. Can’t have a positive trump thread with out dildoing it to oblivion.
Anonymous Coward
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05/06/2019 08:26 AM
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Re: TRUMP EPIC ANTIGLOBALIST TWEET NOW:"With China we lose 500 Billion Dollars. Sorry, we’re not going to be doing that anymore!" superpin
Thread: BAD NEWS FOR FARMERS: Soybeans, corn and wheat hit seven-month low after Trump tweets tariff threat against China
Off Switch

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05/06/2019 08:39 AM

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Re: TRUMP EPIC ANTIGLOBALIST TWEET NOW:"With China we lose 500 Billion Dollars. Sorry, we’re not going to be doing that anymore!" superpin
Where are you going to buy the stuff which stops coming from China next, Muricans?
 Quoting: Anonymous Coward 76029379


We don’t need any cheap Chinese junk, or their tainted pork products. China builds nothing but crap. Shit. Ban it all.
Bad or missing keyboard. Press F1 to continue....
Anonymous Coward
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05/06/2019 08:42 AM
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Re: TRUMP EPIC ANTIGLOBALIST TWEET NOW:"With China we lose 500 Billion Dollars. Sorry, we’re not going to be doing that anymore!" superpin
EVERY YEAR we dont trade with China we gain 400 billion dollars. How is that anything but winning?
Anonymous Coward
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05/06/2019 08:44 AM
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Re: TRUMP EPIC ANTIGLOBALIST TWEET NOW:"With China we lose 500 Billion Dollars. Sorry, we’re not going to be doing that anymore!" superpin
EVERY YEAR we dont trade with China we gain 400 billion dollars. How is that anything but winning?
 Quoting: Anonymous Coward 76009415


Bump
Anonymous Coward
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05/06/2019 08:47 AM
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Re: TRUMP EPIC ANTIGLOBALIST TWEET NOW:"With China we lose 500 Billion Dollars. Sorry, we’re not going to be doing that anymore!" superpin
The United States has been losing, for many years, 600 to 800 Billion Dollars a year on Trade. With China we lose 500 Billion Dollars. Sorry, we’re not going to be doing that anymore!

he just destroyed globalistic ideas for profits only.

[link to twitter.com (secure)]

clappa

:pin:
 Quoting: Strongman Shelford


clappa
Anonymous Coward
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05/06/2019 08:55 AM
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Re: TRUMP EPIC ANTIGLOBALIST TWEET NOW:"With China we lose 500 Billion Dollars. Sorry, we’re not going to be doing that anymore!" superpin
I like the idea of ending globalization and making things locally, bringing back industry to america and so on, but in the short term, a trade war is going to cause a lot of economic ain, since the current system is entirely based on on global trade.
Sutton Coldfield

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05/06/2019 09:12 AM

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Re: TRUMP EPIC ANTIGLOBALIST TWEET NOW:"With China we lose 500 Billion Dollars. Sorry, we’re not going to be doing that anymore!" superpin
Where are you going to buy the stuff which stops coming from China next, Muricans?
 Quoting: Anonymous Coward 76029379


We don’t need any cheap Chinese junk, or their tainted pork products. China builds nothing but crap. Shit. Ban it all.
 Quoting: Off Switch





Great sentiment, but the Chinese manufacturing industry has improved in leaps and bounds over the last 15 odd years, mainly due to the hiring of European and American machinery experts rejigging their formerly inferior factories. Their QC and their product quality is at least on par with "western nations", and very quickly surpassing. Harley? Fender? Gibson?
Anonymous Coward
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05/06/2019 09:17 AM
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Re: TRUMP EPIC ANTIGLOBALIST TWEET NOW:"With China we lose 500 Billion Dollars. Sorry, we’re not going to be doing that anymore!" superpin
Ohhh no the 3.50 dildos will pile in like Michelle dilating Obama. Can’t have a positive trump thread with out dildoing it to oblivion.
 Quoting: Anonymous Coward 76415258


Doesnt matter, liberals do not understand how the economy works or trade

So they will always come spew bull shit about things they have no clue about to try and spin the story
hes right
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Re: TRUMP EPIC ANTIGLOBALIST TWEET NOW:"With China we lose 500 Billion Dollars. Sorry, we’re not going to be doing that anymore!" superpin
Trump tweeted this yesterday:

"For 10 months, China has been paying Tariffs to the USA of 25% on 50 Billion Dollars of High Tech, and 10% on 200 Billion Dollars of other goods. These payments are partially responsible for our great economic results."

This is blatantly false. China does not pay those tariffs as an exporter. American importers pay those tariffs and that cost is passed on to consumers.

How is that "partially responsible for our great economic results."
 Quoting: Anonymous Coward 77612531


Exactly right. All your electronics are now 50% higher price. No black Friday this year. Pay much much more soon. 'tariff inflation' is gonna piss people off, but they've been mooches for too damn long and must pay.

hesright





GLP