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  • US Commerce Secretary Ross: Possible tariffs on Chinese imports would "not be cataclysmic"

It wouldn't be...Now the reciprocal Chinese imposed tariffs would be difficult to swallow.....
Chinese will cut their own throats to maintain dignity.
We should allow Trump to clarify - 'Would or Wouldn't'
Farmers don't seem to be very excited about the trade war:

http://theweek.com/speedreads/787789...-bureau-leader

Shorting Dow works quite well now..
Quoting TraderTero
Farmers don't seem to be very excited about the trade war: http://theweek.com/speedreads/787789...-bureau-leader Shorting Dow works quite well now..
Of course they aren't excited about a trade war, their incomes are being directly affected. That's why Trump will provide short term support (12 Billion) to tide them over....

The problem with leftists or liberals is they don't think long-term. For so many years China has taken advantage of the US (& the World) with their unfair trade practices and theft of technology and patents. The Chinese HAVE long term plans and due to their government they can enact them.

In the US we have become to short-sighted. The DOW is a perfect example. PTC have to report quarterly profits and guidance on a quarter-quarter basis and that doesn't allow for much long term strategies that require investment in restructuring. Miss a quarter and you get hammered.
Quoting fxsport
{quote} In the US we have become to short-sighted. The DOW is a perfect example....
In the US we have a $300 billion dollar/month fed spending addiction. With that kind of fiscal extraction, there isn't much left over for R&D.
Quoting fxsport
{quote} Of course they aren't excited about a trade war, their incomes are being directly affected. That's why Trump will provide short term support (12 Billion) to tide them over.... The problem with leftists or liberals is they don't think long-term. For so many years China has taken advantage of the US (& the World) with their unfair trade practices and theft of technology and patents. The Chinese HAVE long term plans and due to their government they can enact them. In the US we have become to short-sighted. The DOW is a perfect example....
"If President Trump wants to "make our farmers great again," he should consider something other than a hat and a wad of cash.

The American Farm Bureau Federation told The Hill on Tuesday that farmers would much rather see trade relations normalized and the tit-for-tat agricultural tariffs ended, than receive heaps of government aid."

Are farmers also leftist and liberals? Is everyone opposing the trade war also a leftist and a liberal? Like the Koch brothers?
Quoting TraderTero
{quote} "If President Trump wants to "make our farmers great again," he should consider something other than a hat and a wad of cash. The American Farm Bureau Federation told The Hill on Tuesday that farmers would much rather see trade relations normalized and the tit-for-tat agricultural tariffs ended, than receive heaps of government aid." Are farmers also leftist and liberals? Is everyone opposing the trade war also a leftist and a liberal? Like the Koch brothers?
AGAIN, If I were a farmer I would be saying the EXACT SAME THING.

Farmers are NOT liberals, leftists or socialists like we have on the coasts and in the media. FARMERS represent the true American spirit of hard work - that's why it SUCKS that they are getting hurt in the crosshairs of this trade war - EXACTLY what the Chinese wanted to do - hurt Trump supporters. Nevermind debating the merits of the tariff's and the REASON why they were imposed in the first place.

The KOCH brothers - they are businessmen, pure and simple. They don't give a rats azz about anything but them and their business. They are exhibit A of why the leftists in this country rally against capitalism. They don't care about the USA except this is where they make their $. For them anything that rocks the boat hurts business. The KOCH boys WANT illegal immigration as it is lower wages for their companies to pay.
Quoting fxsport
{quote} Of course they aren't excited about a trade war, their incomes are being directly affected. That's why Trump will provide short term support (12 Billion) to tide them over.... The problem with leftists or liberals is they don't think long-term. For so many years China has taken advantage of the US (& the World) with their unfair trade practices and theft of technology and patents. The Chinese HAVE long term plans and due to their government they can enact them. In the US we have become to short-sighted. The DOW is a perfect example....
Basically, the Chinese elite want to be top dogs. So top dog oils his way into your affections and steals what you have, all the while offering you some incentive. Like cheap labour and a steady supply of mail order brides. Time to tell China. Enough of the oil. Let's see some genuine enterprise.
Quoting fxsport
{quote} AGAIN, If I were a farmer I would be saying the EXACT SAME THING. Farmers are NOT liberals, leftists or socialists like we have on the coasts and in the media. FARMERS represent the true American spirit of hard work - that's why it SUCKS that they are getting hurt in the crosshairs of this trade war - EXACTLY what the Chinese wanted to do - hurt Trump supporters. Nevermind debating the merits of the tariff's and the REASON why they were imposed in the first place. The KOCH brothers - they are businessmen, pure and simple. They don't give...
I don't think any genuine capitalist cares about anything else. He is too busy working hard. That said, about time we held China accountable and had proper immigration laws and not an open door for lazy asses and religious freaks.
Quoting traider
{quote} I don't think any genuine capitalist cares about anything else. He is too busy working hard. That said, about time we held China accountable and had proper immigration laws and not an open door for lazy asses and religious freaks.
We agree about China

We disagree about a genuine capitalist not caring about anything other than their business. The BEST of the capitalist's also care about their customers, their community and their country. Their drive, zest and zeal allows them to prosper and in doing so they can give back to their employees, community and customers.
Quoting fxsport
{quote} We agree about China We disagree about a genuine capitalist not caring about anything other than their business. The BEST of the capitalist's also care about their customers, their community and their country. Their drive, zest and zeal allows them to prosper and in doing so they can give back to their employees, community and customers.
It is not for me to tell you how to think. My business as a day trader is all that concerns me.
Quoting traider
{quote} Basically, the Chinese elite want to be top dogs. So top dog oils his way into your affections and steals what you have, all the while offering you some incentive. Like cheap labour and a steady supply of mail order brides. Time to tell China. Enough of the oil. Let's see some genuine enterprise.
Wild speculations...Far from truth..

Special economic zones started in Shenzhen were mostly for attracting the taiwanese, hk, singaporean firms to benefits from tax breaks, favorable business environment etc. not many US firms didn't show up until China enter WTO and globalisation...

No one can blame China for being master policy planner and good capitalist..
Quoting fxsport
{quote} Of course they aren't excited about a trade war, their incomes are being directly affected. That's why Trump will provide short term support (12 Billion) to tide them over.... The problem with leftists or liberals is they don't think long-term. For so many years China has taken advantage of the US (& the World) with their unfair trade practices and theft of technology and patents. The Chinese HAVE long term plans and due to their government they can enact them. In the US we have become to short-sighted. The DOW is a perfect example....

Imposing JV is allowed by WTO and is in place in every developing countries to protect themselves from predatory companies from developed countries. Its unfair and incorrect to accuse China of stealing IP from such JV. Its almost foolish..

And comment like China had taken advantage of US and the world is also untruth. Greedy US companies seek Chinese market for selling their products and also to exploit cheap labours. You should go back to early 2000's and the business plan of US companies. Its almost evil of americans to accuse China of even taking advantage of US or world when they were actually being exploited. Its funny , shallow and selfish americans can only see the glitters in China and prosperity but not the hard works and sacrifices that they have made.

I m quite sure China will outperform US in almost every areas in years to come. Its plain clear that americans are whiners and fast in accusing other with lies and half truths.
It's called "The thief is yelling catch the thief."
Quoting mrlfx
{quote} Imposing JV is allowed by WTO and is in place in every developing countries to protect themselves from predatory companies from developed countries. Its unfair and incorrect to accuse China of stealing IP from such JV. Its almost foolish.. And comment like China had taken advantage of US and the world is also untruth. Greedy US companies seek Chinese market for selling their products and also to exploit cheap labours. You should go back to early 2000's and the business plan of US companies. Its almost evil of americans to accuse China of...
Sorry but I'm NOT buying it

1. China is a KNOWN thief of other countries trademark intellectual properties - not just from US but other countries as well

2. China directly manipulates their currency to make their exports less expensive.
Quoting fxsport
{quote} Sorry but I'm NOT buying it 1. China is a KNOWN thief of other countries trademark intellectual properties - not just from US but other countries as well 2. China directly manipulates their currency to make their exports less expensive.

1. There is WTO and court to sue any offenders.. There are case of some Chinese companies stealing technologies from others but to accuse every chinese is not only foolish but untrue..And mostly speculations without proofs..

2. What do you think should be value of Yuan to dollar rate? Manipulations...another stupid accusation.. Look at Trump tweet and boom, USD weaken..Trump is the no 1 currency manipulator and then fed chairman powell..
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  • Posted: Aug 2, 2018 8:10am
  • Submitted by:
     Newsstand
    Category: High Impact Breaking News
    Comments: 17  /  Views: 4,203