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China Trade War - Tarrifs, Tarrifs and more Tarrifs

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  1. #181

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    Having China as the 'enemy' is certainly a populist move by Mr Trump. But he still needs to win in 2020.

    https://www.scmp.com/comment/opinion...l-help-him-win

    When will he declare victory in the negotiation to have maximum impact at the polls?

    My guess April, so he can brag about lower prices that will filter through the borders in the peak election period.


  2. #182

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  3. #183

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    Quote Originally Posted by East_coast:
    Having China as the 'enemy' is certainly a populist move by Mr Trump. But he still needs to win in 2020.

    https://www.scmp.com/comment/opinion...l-help-him-win

    When will he declare victory in the negotiation to have maximum impact at the polls?

    My guess April, so he can brag about lower prices that will filter through the borders in the peak election period.
    He'll declare victory every step of the way, and until eternity. That's Trumps style. He's always winning even when people says he's losing.

  4. #184

  5. #185

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    Quote Originally Posted by thisdress:
    That is overestimating Trump's intelligence and strategic thinking. Trump shoots from the hip and does not think long term. If he push too far, not all of his trade partners will just roll over and obey. Canada and Mexico is weak and easy to bend to Trump's will. But the EU? Not as easy. Or Russia? Or Chinese retaliation? If Beijing concludes Trump is out to contain China no matter what, there is no incentive for them to come to any agreement. Washington underestimates what Beijing can do just as Beijing underestimate what Washington can do.

    Another difference from the old Cold War. There was a clear ideological split between Moscow and Washington. Communism vs Capitalism. But with US vs China, there isn't such clear demarcation. Some say Beijing is pushing for a state-led market model, but Beijing has never said they are promoting or imposing their own model onto others. Beijing's action within their own country, such as their dreadful human rights record, contradicts Western liberal norms of course. But reprehensible as Beijing's conduct may be, that does not necessarily mean it is a national security threat to the US. The two are not necessarily the same.

    Furthermore, Trump has weakened substantially the appeal of US abroad. As hypocritical as US actions can be during the Cold War against the Soviet Union, the general symbolism of the US representing freedom and democracy was never extinguished. But thanks to Trump, US's image is severely dented. His "America's First" means Washington wins at everyone's expense. You have a president who defends racists, is a proud misogynist, has no hestiancy to violate the laws of his own country. That kind of man is inherently repulsive to others.

  6. #186

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    Deal? May be?

    Trump says the US has come to a substantial phase one deal with China -

    https://www.cnbc.com/2019/10/11/trum...ith-china.html


  7. #187

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    For real this time around?

    Dow futures jump 100 points after China says it has agreed with the US to remove existing tariffs - https://www.cnbc.com/2019/11/07/stoc...eal-hopes.html


  8. #188

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  9. #189

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    They agreed a series of milestones needed to jointly rollback tariffs if I read it correctly. They still need to make the agreements to hit those milestones.


  10. #190

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    Quote Originally Posted by TheBrit:
    They agreed a series of milestones needed to jointly rollback tariffs if I read it correctly. They still need to make the agreements to hit those milestones.
    One arse cheek not aware of what the other said...

    https://twitter.com/Dimi/status/1192965304823033858

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