Trade WAR??!!

captain morgan

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Trump says he regrets China trade dispute after recent escalations and severe economic penalties


President Trump, when asked by a reporter at the G-7 summit in France if he was having any second thoughts, responded ��Yeah, sure, why not. Might as well. Might as well. I have second thoughts about everything.��
In recent days, China slapped new tariffs on U.S. goods, and Trump responded by jacking up tariff rates on more than $500 billion in Chinese goods. The actions have rattled investors and stoked fears that a prolonged standoff could lead to a global recession.

https://www.washingtonpost.com/poli...c=al_news__alert-world--alert-national&wpmk=1






He only has himself to blame......and might say the opposite tomorrow. No credibility.


in the meantime, it's the average Joe on the street in the USA (and around the globe) pays the price.


No one wins in a trade war and Trump is learning this the hard way
 

Curious Cdn

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Feb 22, 2015
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in the meantime, it's the average Joe on the street in the USA (and around the globe) pays the price.
No one wins in a trade war and Trump is learning this the hard way
The Republicans have never been in favour of trade wars but they're all trained seals now, it seems.
 

Ocean Breeze

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In reversal, Trump says he wishes he��d raised China tariffs higher
After President Trump conceded regret during the G-7 summit about his escalating trade war with China, the White House reversed course in a head spinning about-face, saying his comments had been ��greatly misinterpreted.��



source: WAPO

didn't take long. Little wonder the G7 members are treating him like an explosive chemist;ry experiment.
 

Ocean Breeze

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Iranian foreign minister makes surprise visit to G-7, catching Trump off-guard


Iranian Foreign Minister Mohammad Javad Zarif's arrival in Biarritz, France, appeared to be a covert initiative by French President Emmanuel Macron, a senior European official said, and other leaders were not given advance notice. There was no immediate plan for the Iranian foreign minister to meet anyone other than French officials, the officials said.
President Trump, whose antics often leave other world leaders searching for words, had little to say about the unexpected guest.
��No comment,�� Trump told reporters when asked.

source: WAPO


That was shrewd. BIG BIG message there.

Trump has managed to make the US the OUTSIDER in these groups now. From "leader ..........to outsider........in a minuscule amount of time. Make America WHAT again??
 

captain morgan

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The Republicans have never been in favour of trade wars but they're all trained seals now, it seems.


I'd suggest that the Dems aren't of the mindset to support a trade war either, but things are all screwed-up at this point.


I don't pay enough attention to the events in minutae (other than the snippets of info on the news), however, I don't recall anyone from any Party jumping on board with Trump with this strategy/practice.


It wouldn't surprise me one bit if the Reps are being quiet, hoping for a win, but quietly positioning themselves for a leadership contest if it doesn't.


The Dems are smart in being quiet for the time being and waiting to see the fallout from these negotiations (if you can call it a negotiation) and take actions accordingly in the months comming up to their elections.


Right now, all the risk is on trump
 

Curious Cdn

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I'd suggest that the Dems aren't of the mindset to support a trade war either, but things are all screwed-up at this point.
I don't pay enough attention to the events in minutae (other than the snippets of info on the news), however, I don't recall anyone from any Party jumping on board with Trump with this strategy/practice.
It wouldn't surprise me one bit if the Reps are being quiet, hoping for a win, but quietly positioning themselves for a leadership contest if it doesn't.
The Dems are smart in being quiet for the time being and waiting to see the fallout from these negotiations (if you can call it a negotiation) and take actions accordingly in the months comming up to their elections.
Right now, all the risk is on trump
The Dems have always been no-fans of NAFTA. It was an extreme surprise when Trump turned the GOP to the Democratic way of seeing trade.

These are strange times.
 

MHz

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After starving how many?
As few as possible while in the West it will be after starving as many as possible. The people with high populations avoid killing each other, that is how you get large populations. Those who are borderline extinct would be at war with somebody all the time.
 

MHz

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The Dems have always been no-fans of NAFTA. It was an extreme surprise when Trump turned the GOP to the Democratic way of seeing trade.

These are strange times.
These are the days a plan that has been in-play for 140 years has its closing act. Can't have a big change when the 'same old, same old' is going on.
 

pgs

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I'd suggest that the Dems aren't of the mindset to support a trade war either, but things are all screwed-up at this point.


I don't pay enough attention to the events in minutae (other than the snippets of info on the news), however, I don't recall anyone from any Party jumping on board with Trump with this strategy/practice.


It wouldn't surprise me one bit if the Reps are being quiet, hoping for a win, but quietly positioning themselves for a leadership contest if it doesn't.


The Dems are smart in being quiet for the time being and waiting to see the fallout from these negotiations (if you can call it a negotiation) and take actions accordingly in the months comming up to their elections.


Right now, all the risk is on trump
Sort of , however I understand China is experiencing cash flow problems which are affecting the emerging upper and middle classes . As the liquidity problems intensify they may be forced to play America’s game . Time will tell .
 

spilledthebeer

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Jan 26, 2017
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The Chinese hold trillions in T-Bills and hard USDs.


... What did Trump expect would happen?





China is also quietly buying up gold bullion as is Russia and Saudi Arabia





Trump is playing a dangerous game of chicken in risking the economy of teh USA and increasing the cost of living for the average American.


Cutting off your nose to spite your face is a horrible way to go






IDIOT!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


There are LOTS of other places to buy cheap sh+t!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


Who says it all has to come from China??????????????????????????


Other than chickensh+t LIE-berals...............................................


like Our idiot Boy Justin.....................................


who wants us all to IMMEDIATELY SURRENDER to China...................................


because the idiot Boy admires they way "China gets things done"!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


Apparently LIE-berals APPROVE of the Tianenmen Massacre!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!



Certainly Pierre Trudeau publicly approved of state sponsored murder when he praised......................................


"the genius of Chairman Mao in rushing 30 million Chinese fo the gallows"!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
 

captain morgan

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The Dems have always been no-fans of NAFTA. It was an extreme surprise when Trump turned the GOP to the Democratic way of seeing trade.


Political posturing?... regardless of party affiliation, the Dems know that isolationism will not pass muster


These are strange times.


Well said


Sort of , however I understand China is experiencing cash flow problems which are affecting the emerging upper and middle classes . As the liquidity problems intensify they may be forced to play America’s game . Time will tell .


Correct and while that has serious ramifications, the Chinese gvt is not burdened by periodic elections. Add to this that the Chinese have a track record of thinking in terms of generationally rather than a sole focus on the here and now.


This situation has the potential to influence trading practices significantly


Thing is, they were not winning before.


And they are getting beaten down worse than before too
 

Cliffy

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Nov 19, 2008
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Paul Waldman: Donald Trump's presser confirms it - He has no idea why he's losing the trade war

By Paul Waldman of the Washington Post
"It's the way I negotiate. It's done very well for me over the years, and it's doing even better for the country."
That was President Trump, speaking at a Monday news conference at the Group of Seven summit in France.
He was talking about the fact that in recent days he has vacillated back and forth between praising China and harshly criticising it, all while claiming that the trade war he initiated is going great for the United States as evidence mounts that it is pushing us toward recession.
The truth, however, is that there has seldom been clearer proof that Trump is in fact the world's worst negotiator. And the price Americans are paying for his weakness keeps getting higher.

While trade is one of only two policy issues (immigration is the other) that Trump has shown he has sincerely felt opinions about, he labours under a series of misconceptions, bred by ignorance and what appears to be a complete lack of interest in grasping how the trade war appears from China's perspective.
Which is of course the basis of smart negotiation. You can't get a good deal unless you understand what the person on the other side wants, needs, is willing to tolerate and can't abide. The man who wrote The Art of the Deal (or had someone ghostwrite it for him) doesn't appear to get it.
The theory of mounting a trade war is that while both countries will inevitably suffer, the other country will be less able to sustain the damage and will give in to your terms.


More: https://www.nzherald.co.nz/world/news/article.cfm?c_id=2&objectid=12262518&ref=clavis
 

spilledthebeer

Executive Branch Member
Jan 26, 2017
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Political posturing?... regardless of party affiliation, the Dems know that isolationism will not pass muster





Well said





Correct and while that has serious ramifications, the Chinese gvt is not burdened by periodic elections. Add to this that the Chinese have a track record of thinking in terms of generationally rather than a sole focus on the here and now.


This situation has the potential to influence trading practices significantly





And they are getting beaten down worse than before too






China is not burdened by "periodic elections"!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


That is a strength.......................................


up to a point................................................


after that point it gets LETHAL!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!



Just look up the fate of that former Chairman Mao ally.....................................


known as Chou En Lai.....................................................


and his "gang of Four"!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


In the west....................................


political failures write their memoirs!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


In RED China........................................


political failures DIE IN JAIL!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


And the death IS NEVER OF OLD AGE!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
 

spilledthebeer

Executive Branch Member
Jan 26, 2017
9,296
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stfu!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!




OH CLIFFY!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


How EMBARRASSING!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!



You could not find a suitable photo.........................................


and were reduced to MERE TEXT messaging!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA


HAHAHAHAHA!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!






It is a sad fact that LIE-berals are responsible for the creation of the odious Black Lives Matter political action group which is promoting reverse discrimination as a solution to all the troubles facing a MINORITY of black people. The fact is the majority of black people live quiet and sensible lives but it is a radical idiot minority that is doing all the shouting and complaining here in Canada!

Lie-berals are so desperate to get and to keep power that they will let any politically correct jackass into the country...just so long as they vote Lie-beral! Lie-berals are so desperate for power and votes that they will allow people- who ought to have their citizenship REVOKED and be THROWN OUT of the country IMMEDIATELY for committing some offence-to stay here on `compassionate` grounds......just so long as they remember it is Lie-berals who `love` them.

Lie-berals will pervert the course of justice by using `hug a thug` tactics to `win` support from politically correct mutton heads-many of whom have connections to criminal groups. Lie-berals will practice `catch and release` of criminals to gain further support from the social engineers and religious wackos who want to forgive and forget.....forgiveness is a virtue isn`t it? No matter how vicious the crime or how hardened the criminal? Showing understanding and forgiveness earns points in Heaven...even if your neighbour ends up being a victim of some clown who should have been behind bars for previous outrages!

And Lie-berals are also willing to let people out of jail VERY swiftly on any pretext- to save tax payers money of course....but NOT to curry favour with certain ethnic groups? Oh sure....we believe THAT! Lie-berals....they are NOT here for decent people! With Lie-berals, if it didn’t happen to them then it either DIDN’T happen at all or it ISN’T IMPORTANT!

Lie-berals are so arrogant that they assume that if you become a victim of crime it is because you are a lazy dumb-ass who lives in a crap neighbourhood and thus deserve what happens to you. And the cost of crime? If you think its high, LIE-berals figure you must be a dumb-ass again and too stupid to make a `proper` living and pay for `good` insurance!

So, lets talk about Crime and Bullshit! Figures don’t lie but liars figure. Crime statistics are down in this country because crime is evolving and it simply LOOKS like crime is reduced. During his last term in office prime minister Pierre Trudeau and his Lie-beral hug a thug friends CHANGED how crime statistics were compiled-at the time Conservatives complained that the change would make it harder to compare crime statistics from different decades-an obvious point now proven.

Lie-berals will deny this in every way. They will INSIST that “no fundamental changes have been made to the system” and of course we recognize the weasel words “no fundamental changes”.....meaning THEY don’t think its important but anybody who has been robbed or victimized in some way and then watched as Lie-beral appointed `hug a thug` judges give out minor slaps on the criminal wrist DOES think it’s a BIG DEAL!

If you argue these points, Lie-berals will send you links to out of date and irrelevant Stats/Canada publications to `prove` their point using papers and publications that don’t address the issues. They will also try to distract by discussing the Young Offenders Act rather than looking at the issues involving adult career criminals which is what I am trying to illustrate here. In short, they will prove once again why we call them LIE-berals!

Under the old system there was one crime if you `possessed` burglar tools and planned to break into a home while the family was away some place, A second crime if you actually broke into the house, A third crime (theft over $5000.00) occurred when you found the keys to a vehicle in the garage and decided to load it up with the stuff you stole from the house and use it as a getaway vehicle. A fourth crime occurred when you found a gun cabinet and broke it open and took possession of and loaded a shotgun for which you have no license.

The family comes home unexpectedly and you take them hostage using your stolen shotgun and that’s the fifth and six crimes-kidnaping and misuse of a firearm. A neighbour sees you waving the gun and phones the cops who arrive on the scene and you fire the shotgun out a window a couple of times to keep them back while you consider your options and thus produce crime seven ( assault with a deadly weapon) and crime eight which is resisting arrest.

Prior to Trudeau each of these crimes would be listed separately and would be relatively easy to track in appropriate categories-firearm offenses, burglary, theft etc. But now these eight crimes are lumped together as ONE CRIME SCENE and its now MUCH HARDER to track individual crimes since they are no longer listed in such an easy to access and read fashion.

Further, as of 20 years ago about 80% of criminals had their cases `plea bargained` and now we can only guess (Lie-berals don’t like to talk about this stuff and hide the details where possible and they certainly don’t want to admit that they are practicing `catch and release` with dangerous criminals) that today virtually ALL criminals cut endless deals during which major crimes become minor crimes and minor crimes become small misdemeanors or are easily forgotten entirely....except by the victims.

Why bother trying the guy for possession of stolen property when you already have him for stabbing somebody? Crimes are `lost`, forgotten, dismissed, not needed, just plain GONE so the statistics are now useless for getting a real view of crime in Canada.

Further, the evolution of technology is encouraging crime itself to evolve. Why bother getting a gun and a stolen getaway car and robbing a store when you can get a bunch of forged credit cards from your neighbours in organized crime and go on a spending spree with no consequences to speak of? Why bother getting out of your comfortable arm chair and going out into the dark and cold to vandalize the house of a neighbour you don’t like when its so much easier just to lounge in your pajamas in front of a computer screen and send the jerk a virus? And maybe hack his credit cards and online banking information as well?

As we know, cops don’t even bother looking for those who spread viruses and hackers are mostly ignored as well....UNLESS there is a really HUGE internet disruption.

The computer is good for all sorts of things like selling stuff online that you have stolen or forged - no need to show yourself and your ID to a pawn shop owner or `fence` who may turn fink on you if the cops get to him. Much better to meet the suckers at a coffee shop or at a friends place and later (if there is any trouble) the friend covers for you and denies any involvement since the sucker never saw the friend when the purchase was made and the person who sold the fraud item doesn’t live at the address where it was sold-it’s a double blind cutout.

There is also the political action of thugs and gang members. Thugs have figured out that there is safety in numbers-each gang banger and his girlfriend and mother providing an alibi for the others which makes conviction much harder due to less evidence and the few potential witnesses available to speak having been intimidated by strangers-read other gang members.

The thugs also are putting pressure on loonie leftist Lie-beral politicians to rein in `racist` cops and end their alleged brutality.

A while back the Lie-beral loving Toronto (Red) Star did an article on how much crime has dropped in 2014 and how quiet it has become in Youth Court rooms across Toronto......the article being presented as if meant cops had somehow decided to stop picking on poor innocent kids.......buried in the article was an admission that in response to `public`(read Black Lives Matter) pressure, cops had drastically cut back on their use of `carding`....that is....stopping and questioning known gang members and their friends who were trespassing and such.....No Contact EQUALS No Problem!

No contact means NO more guns and knives being confiscated, no more stashes of drugs found, no more stolen property found in cars, no more ability to track gang members as they move about the city conducting their `business`! Get the cops to stop looking for crime and the crime `statistics` start to look pretty good!

If you start talking tough on crime then certain ethnic voters scream `white racist` at you....while ignoring the Russian mobster in King City with the fine mansion and the high end BMW with all the frills....and the stash of 800 forged credit cards and the computer with enough stolen personal information to make 4000 MORE cards....which he is selling to gang members and the dork is out on parole for PREVIOUS credit card fraud. And NOBODY is counting the bribery, intimidation and outright extortion needed to get such personal information!

Or the Portuguese guy who was late for his court date to deal with his TENTH arrest for causing an auto smash up while driving drunk-this count does NOT include the other times he was arrested before he hit anything.

Or the guy who extorted 30 MILLION DOLLARS here in Ontari-owe a year back and the McWynnty government cut him a deal: he KEEPS ALL the money and promises to leave Ontari-owe forever and the charge will be dropped....Ontari-owe is so BROKE they don’t have the court and legal resources to deal with such a clever swindler within a sensible time frame! Only a Lie-beral would consider any of this a victory!
 

Ocean Breeze

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China expels Wall Street Journal reporter over coverage of family of Chinese President Xi Jinping


China's government told the Wall Street Journal that it would not renew the press credentials for a reporter known for his investigative work on Chinese politics and Communist Party doctrine. Chun Han Wong, a Singapore national, had worked in the paper's Beijing bureau since 2014.

https://www.washingtonpost.com/worl...c=al_news__alert-world--alert-national&wpmk=1


..and around we go. Best not forget who started this angst. ( NOT China......even though the spinner in chief will say otherwise.