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Regarding this trade war against China.

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You are reading page 4 of Regarding this trade war against China.. If you want to start from the beginning Go to First Page.

It seems many are criticizing Trump for that farmers and the lobster industry are being hurt by the trade war.  

Many of the same posters indicate we shouldn’t be doing business with China in the first place.

What proposals by Democrat candidates do you favor in how the US deals with China?

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6 hours ago, SC_RNDude said:

It seems many are criticizing Trump for that farmers and the lobster industry are being hurt by the trade war.  

Many of the same posters indicate we shouldn’t be doing business with China in the first place.

What proposals by Democrat candidates do you favor in how the US deals with China?

That's a good one, although I'm not sure who you are addressing in saying "many of the same posters...".  Maybe you could quote the many that said said we shouldn't be doing business with China.  

I remember thinking how hypocritical it was to grant the Most Favored Nation status which was supposedly tied to human rights abuses.  I also understood that one billion consumers was just too juicy to pass up particularly as their consumer class became the one to drive the world's economy.   

I think that seeing how the tariffs are working or not working, and affecting people in the real world is important.  

But I digress.  I really haven't seen much of a coherent policy from the candidates individually yet.  (Actually with the election so far away, I'm not paying too much attention to them).  

But it does seem to be a dilemma.  

Quote

They will seek to build off Trump’s abrupt shift of the Overton window, with more protectionist policies seeming much closer to the mainstream than they had across 20 years of neoliberal consensus under Bill Clinton, George W. Bush and Barack Obama, while also making the case that the president hasn’t fulfilled his promises. These recent stumbles on the Chinese tariffs suggest that won’t always be an easy line for progressives to walk.

https://www.vox.com/policy-and-politics/2019/5/21/18628128/trump-tariffs-2020-presidential-election-joe-biden-bernie-sanders

https://www.theatlantic.com/ideas/archive/2019/05/how-democrats-can-beat-trump-foreign-policy-2020/589360/

It's also a dilemma for those that voted for Trump but are hurting now, support Republicans in general and won't vote Democrat.  

Quote

Now, increasing frustrations over the prolonged dispute are prompting some rural residents in Iowa, home of the first presidential nominating contest in February, to consider candidates other than President Donald Trump in the 2020 election.

https://www.reuters.com/article/us-usa-election-trade/rural-iowans-ponder-trump-alternatives-as-china-trade-war-drags-on-idUSKCN1SQ1LG

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10 hours ago, SC_RNDude said:

It seems many are criticizing Trump for that farmers and the lobster industry are being hurt by the trade war.  

Many of the same posters indicate we shouldn’t be doing business with China in the first place.

What proposals by Democrat candidates do you favor in how the US deals with China?

Yes.

Who would those posters be?

I certainly have never stated that the US shouldn't engage in trade with China.

Who are you referring to?

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3 hours ago, Tweety said:

That's a good one, although I'm not sure who you are addressing in saying "many of the same posters...".  Maybe you could quote the many that said said we shouldn't be doing business with China.  

I remember thinking how hypocritical it was to grant the Most Favored Nation status which was supposedly tied to human rights abuses.  I also understood that one billion consumers was just too juicy to pass up particularly as their consumer class became the one to drive the world's economy.   

I think that seeing how the tariffs are working or not working, and affecting people in the real world is important.  

But I digress.  I really haven't seen much of a coherent policy from the candidates individually yet.  (Actually with the election so far away, I'm not paying too much attention to them).  

But it does seem to be a dilemma.  

https://www.vox.com/policy-and-politics/2019/5/21/18628128/trump-tariffs-2020-presidential-election-joe-biden-bernie-sanders

https://www.theatlantic.com/ideas/archive/2019/05/how-democrats-can-beat-trump-foreign-policy-2020/589360/

It's also a dilemma for those that voted for Trump but are hurting now, support Republicans in general and won't vote Democrat.  

https://www.reuters.com/article/us-usa-election-trade/rural-iowans-ponder-trump-alternatives-as-china-trade-war-drags-on-idUSKCN1SQ1LG

Great post.  Some interesting articles.  I’ll try to add my opinion on them when I have more time (leaving in vaca this am).

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Yes, it does seem as though China isn't worried about the trade war.

From today's NY Times:

Comments By President Xi Jinping Of China, Suggest Beijing Has Abandoned Hopes Of US Trade Deal

President Xi, has been traveling China, reminding the populus of "the long march," and preparing people for what may be ahead.

I guess part of the leverage China has over the US, are rare earths, used in electronics.

China is the largest source of rare earths, apparently.

Buckle up, folks.

This fight won't end anytime soon.

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19 hours ago, Lil Nel said:

I guess part of the leverage China has over the US, are rare earths, used in electronics.

China is the largest source of rare earths, apparently.

Buckle up, folks.

This fight won't end anytime soon.

I posted this article above about the rare earth mineral card isn't as strong a card to be played as it once was. 

https://www.cnn.com/2019/05/21/politics/china-us-trade-war-rare-earths-intl/index.html

But yes, after nearly a year it's only getting worse. 

But another area is farm products.  Farmers are wanting this trade war to end.  Trump has promised relief for farmers, but in the meantime they've benefactors are places like Russia and Brazil.   In the meantime it's a good card for the US to play because China is in need of soybeans for a variety of products.

In the meantime other Asian countries, particularly Vietnam has taken advantage and their economy is booming as a result.  Not necessarily good news for China.  But still it doesn't help our trade imbalance if we switch from Chinese goods to Vietnamese.  

Both sides are in a pretty decent spot to hurt the other country because of decent economies in both places.  So yes, it's going to be a long ride.  Meanwhile there are real human beings on the ground being affected.

https://www.npr.org/2019/05/22/725481884/collateral-damage-of-the-trade-war-farmers-want-chinese-market-reopened

https://www.cnbc.com/2019/05/13/how-much-money-trumps-china-tariffs-could-cost-you.html

Edited by Tweety

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4 hours ago, Tweety said:

I posted this article above about the rare earth mineral card isn't as strong a card to be played as it once was. 

https://www.cnn.com/2019/05/21/politics/china-us-trade-war-rare-earths-intl/index.html

But yes, after nearly a year it's only getting worse. 

But another area is farm products.  Farmers are wanting this trade war to end.  Trump has promised relief for farmers, but in the meantime they've benefactors are places like Russia and Brazil.   In the meantime it's a good card for the US to play because China is in need of soybeans for a variety of products.

In the meantime other Asian countries, particularly Vietnam has taken advantage and their economy is booming as a result.  Not necessarily good news for China.  But still it doesn't help our trade imbalance if we switch from Chinese goods to Vietnamese.  

Both sides are in a pretty decent spot to hurt the other country because of decent economies in both places.  So yes, it's going to be a long ride.  Meanwhile there are real human beings on the ground being affected.

https://www.npr.org/2019/05/22/725481884/collateral-damage-of-the-trade-war-farmers-want-chinese-market-reopened

https://www.cnbc.com/2019/05/13/how-much-money-trumps-china-tariffs-could-cost-you.html

Yes, real human beings are being affected.

And if my livelihood depended on trade with China, I sure wouldn't want DJT negotiating my future.

I doubt China is worried about Vietnam overtaking it's place in the global marketplace.

With its land mass, population and entire cities and provinces dedicated to manufacturing, China is far ahead of Vietnam, and will remain so.

 

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10 hours ago, Lil Nel said:

I doubt China is worried about Vietnam overtaking it's place in the global marketplace.

With its land mass, population and entire cities and provinces dedicated to manufacturing, China is far ahead of Vietnam, and will remain so.

 

Of course not and that wasn't suggested.  China will be a dominant force in the world's economy for decades.  

With 100 million people (nearly as much as Japan) Vietnam is on the rise.   Some Chinese workers that have been laid off have long bemoaned Vietnam's population willing to take such low wages and take their jobs.  But companies don't have the freedoms that American companies do.

My main point was that we can avoid buying tariffed goods by buying Vietnamese instead, such as textiles, but that doesn't to help the trade deficit that Trump hates so much.

 https://www.scmp.com/economy/china-economy/article/3010530/chinese-companies-moving-vietnam-keep-quiet-trade-war-avoid

https://www.vietnam-briefing.com/news/us-china-trade-war-inspires-vietnam-growth.html/

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