Is China Losing the Trade War?

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Is China Losing the Trade War?

Post by twodogs » Wed Jun 27, 2018 5:18 pm

If there are no winners in a trade war, tell that to the equity markets. Judging by gains and losses on the year, every major China ETF is underperforming the S&P 500. China is losing this one. The market has spoken.

MSCI China (MCHI) is down 6.74%, FTSE China (FXI) is down 10.45%, Deutsche X-Trackers China A-Shares (ASHR) is down 16.8% and the market's favorite China play, tech stocks, are down just under 2% as represented by the KraneShares China Internet and E-Commerce (KWEB) fund. Meanwhile, the S&P 500 is up 1.6% year-to-date.

Juche!!!
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Re: Is China Losing the Trade War?

Post by twodogs » Wed Jun 27, 2018 5:41 pm

Not that Canada is immune.

OTTAWA — Canadian steel producers told lawmakers Tuesday they are already facing lower sales because of U.S. tariffs and warned of more problems ahead should Ottawa escalate its trade row with the U.S.

Retaliation from Canada could exacerbate matters, business leaders warned lawmakers in a specially convened gathering of the legislature’s trade committee. They testified that U.S. tariffs on Canadian autos — as President Donald Trump has threatened — could bring a wide swath of Canadian factories to a standstill.

An official from Ontario-based Janco Steel Ltd. said sales to the U.S. plummeted by 60% in June from earlier months after U.S. steel tariffs were imposed on June 1. Stephen Young, the company’s marketing manager, said many U.S. customers were unwilling to place orders or engage in long-term deals.

This might be a good time to rethink accepting that sunset clause.
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Re: Is China Losing the Trade War?

Post by eric84 » Wed Jun 27, 2018 6:06 pm

Nope. Not going to happen.
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Re: Is China Losing the Trade War?

Post by twodogs » Wed Jun 27, 2018 7:22 pm

eric84 wrote:
Wed Jun 27, 2018 6:06 pm
Nope. Not going to happen.
Do you speak for the entire country or will the thousands of Canadians about to lose their jobs over misplaced national pride get to speak?

The sooner Canada agrees to a sunset clause the better it will be for everyone.
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Re: Is China Losing the Trade War?

Post by Higgs Bossom » Wed Jun 27, 2018 7:25 pm

Wear it with pride, Eric.

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Re: Is China Losing the Trade War?

Post by Citizen Baba » Wed Jun 27, 2018 7:29 pm

The S & P gaining a few points in six months is a "win"?

Again, Trump is graded on a curve.

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Re: Is China Losing the Trade War?

Post by northern_goddess » Wed Jun 27, 2018 7:32 pm

I'm not going to do the red underlining and italicizing stuff. Sorry.

But I will cite my sources.
TRUMP'S TRADE WAR WON'T HURT CHINA. IT COULD HURT TECH IN THE US


IN THE LATEST installment of the simmering trade war, the Trump administration reportedly plans to impose restrictions on Chinese investments in US technology companies and American technology exports to China. If implemented as rumored, any company with more than 25 percent Chinese ownership would be barred from investing in US companies that produce “industrially significant technology.” Exports of US-made technology deemed important to national security, ranging from chips and robotics to cryptography, would face restrictions as well.

The news grabbed headlines and roiled financial markets, but like most things Trump, the noise is much greater than the substance. Within hours, White House aides offered conflicting interpretations, leaving little but confusion. Then Treasury Secretary Steven Mnuchin suggested on Wednesday that the restrictions would be, well, less strict, and might apply more broadly to other countries in addition to China. There’s no doubt, though, that new restrictions are being planned, and that these moves would mark a continuation of the confrontational trade policies of the past months.

The cascade of picayune tariffs and aggressive trade rhetoric directed indiscriminately against allies and competitors alike could inflict lasting damage on US companies’ ability to compete globally. For now, though, the effect on day-to-day commerce remains minuscule, with a few notable exceptions—including Harley-Davidson’s plan to relocate some motorcycle production overseas, in response to EU tariffs retaliating against Trump tariffs on steel.
With limited tools and unlimited words, the Trump administration cannot significantly alter US-China trade today. But it can, and has, soured the climate for future economic bonds. In the short term, the economic harm could be quite limited. It’s the longer-term challenges that should be of greater concern. If Trump’s policies make the US a less desirable place to invest, if they channel ever more global activity away from America, the damage will accrue steadily. Like the frog as the water gets hotter and hotter, it may not feel like much year by year, and when the damage finally hits home, it may be too late. We have time, but it’s not infinite.
https://www.wired.com/story/trumps-trad ... t-us-tech/
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Re: Is China Losing the Trade War?

Post by twodogs » Wed Jun 27, 2018 7:38 pm

Citizen Baba wrote:
Wed Jun 27, 2018 7:29 pm
The S & P gaining a few points in six months is a "win"?
Compared to losing any gain is a win.
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Re: Is China Losing the Trade War?

Post by Citizen Baba » Wed Jun 27, 2018 7:41 pm

twodogs wrote:
Wed Jun 27, 2018 7:38 pm
Citizen Baba wrote:
Wed Jun 27, 2018 7:29 pm
The S & P gaining a few points in six months is a "win"?
Compared to losing any gain is a win.
That's absurd. It's well below historic average performance.

Losing less than the other guy is still losing.

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Re: Is China Losing the Trade War?

Post by Citizen Baba » Wed Jun 27, 2018 7:42 pm

As with the deficit, the only way you can have Trump win is by moving the goal posts.

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Re: Is China Losing the Trade War?

Post by twodogs » Wed Jun 27, 2018 7:48 pm

northern_goddess wrote:
Wed Jun 27, 2018 7:32 pm
I'm not going to do the red underlining and italicizing stuff. Sorry.

But I will cite my sources.
TRUMP'S TRADE WAR WON'T HURT CHINA. IT COULD HURT TECH IN THE US


IN THE LATEST installment of the simmering trade war, the Trump administration reportedly plans to impose restrictions on Chinese investments in US technology companies and American technology exports to China. If implemented as rumored, any company with more than 25 percent Chinese ownership would be barred from investing in US companies that produce “industrially significant technology.” Exports of US-made technology deemed important to national security, ranging from chips and robotics to cryptography, would face restrictions as well.

The news grabbed headlines and roiled financial markets, but like most things Trump, the noise is much greater than the substance. Within hours, White House aides offered conflicting interpretations, leaving little but confusion. Then Treasury Secretary Steven Mnuchin suggested on Wednesday that the restrictions would be, well, less strict, and might apply more broadly to other countries in addition to China. There’s no doubt, though, that new restrictions are being planned, and that these moves would mark a continuation of the confrontational trade policies of the past months.

The cascade of picayune tariffs and aggressive trade rhetoric directed indiscriminately against allies and competitors alike could inflict lasting damage on US companies’ ability to compete globally. For now, though, the effect on day-to-day commerce remains minuscule, with a few notable exceptions—including Harley-Davidson’s plan to relocate some motorcycle production overseas, in response to EU tariffs retaliating against Trump tariffs on steel.
With limited tools and unlimited words, the Trump administration cannot significantly alter US-China trade today. But it can, and has, soured the climate for future economic bonds. In the short term, the economic harm could be quite limited. It’s the longer-term challenges that should be of greater concern. If Trump’s policies make the US a less desirable place to invest, if they channel ever more global activity away from America, the damage will accrue steadily. Like the frog as the water gets hotter and hotter, it may not feel like much year by year, and when the damage finally hits home, it may be too late. We have time, but it’s not infinite.
https://www.wired.com/story/trumps-trad ... t-us-tech/
That is a lot of ifs, mights and coulds.

The market has spoken and so far the US is winning, even gold and silver is losing its luster against the dollar.

Of course all this could change but apparently the serious money doesn't think so.
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Re: Is China Losing the Trade War?

Post by Citizen Baba » Wed Jun 27, 2018 7:55 pm

The markets have spoken, and economic growth and stock gains are down.

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Re: Is China Losing the Trade War?

Post by twodogs » Wed Jun 27, 2018 8:07 pm

A positive is still a positive.

Juche!!!
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Re: Is China Losing the Trade War?

Post by Citizen Baba » Wed Jun 27, 2018 8:11 pm

twodogs wrote:
Wed Jun 27, 2018 8:07 pm
A positive is still a positive.

Juche!!!
Lowering the goal posts is still lowering the goal posts.

Trump promised 3% economic growth (after campaigning on 4%).

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Re: Is China Losing the Trade War?

Post by flojin » Wed Jun 27, 2018 8:14 pm

twodogs wrote:
Wed Jun 27, 2018 7:38 pm
Citizen Baba wrote:
Wed Jun 27, 2018 7:29 pm
The S & P gaining a few points in six months is a "win"?
Compared to losing any gain is a win.
It won't be long before you'll be describing losses as a win because they're not bigger losses. Then bigger losses will become a win as well.
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Re: Is China Losing the Trade War?

Post by eric84 » Thu Jun 28, 2018 1:35 am

Higgs Bossom wrote:
Wed Jun 27, 2018 7:25 pm
Wear it with pride, Eric.

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Re: Is China Losing the Trade War?

Post by eric84 » Thu Jun 28, 2018 1:37 am

twodogs wrote:
Wed Jun 27, 2018 7:22 pm
eric84 wrote:
Wed Jun 27, 2018 6:06 pm
Nope. Not going to happen.
Do you speak for the entire country or will the thousands of Canadians about to lose their jobs over misplaced national pride get to speak?

The sooner Canada agrees to a sunset clause the better it will be for everyone.
Sure i’ll Speak for Canada. Can I send your address to workers in amerikkka that lose their jobs because you want to make amerikkkka Thailand again?
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Re: Is China Losing the Trade War?

Post by Godjira » Thu Jun 28, 2018 1:49 am

The DOW is off 2,500 points from its peak.

Imagine if someone competent had been elected. It'd be at 30,000 by now
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Re: Is China Losing the Trade War?

Post by twodogs » Thu Jun 28, 2018 2:30 am

twodogs wrote:
Wed Jun 27, 2018 7:22 pm
The sooner Canada agrees to a sunset clause the better it will be for everyone.
Last month’s drop marked our second monthly decline in a row (we lost 1,100 jobs in April), and we have now lost a total of 48,900 jobs over the first five months of 2018. The robust job-growth momentum that we enjoyed in 2017 continues to recede in our economy’s rear-view mirror.

1. Our economy lost 7,500 jobs in May. Full-time jobs declined by 31,000, part-time jobs rose by 23,600, and there was no change in the distribution of jobs between self-employment and the private and public sectors.

2. Our unemployment rate held steady at 5.8% for the fourth consecutive month, but only because our participation rate, which measures the percentage of working-age Canadians who are either employed or actively looking for work, fell from 65.4% to 65.3% on a month-over-month basis. The BoC recently estimated that there could be as many as one million able-bodied Canadians still on the employment sidelines and last month’s fall in the participation rate increases the size of that untapped labour pool.

3. Employment in the core working age group of 25 to 54 fell by 38,000 jobs.

4. We lost another 18,000 manufacturing jobs in May and that sector has experienced no net job growth over the past twelve months. This is a troubling sign for overall employment because manufacturing employment fuels job creation across our broader economy.

5. Average hours worked remained unchanged for the fourth straight month, while somewhat surprisingly against last month’s weak employment backdrop, average year-over-year wage growth rose to 3.9% in May attributed to a one-time minimum-wage increases in Ontario and British Columbia."

I wonder if there is any correlation between the minimum wage increase and the lost jobs or is this primarily due to Canada not agreeing to a sunset clause for nafta?
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Re: Is China Losing the Trade War?

Post by eric84 » Thu Jun 28, 2018 2:32 am

Yup, canada’s Economy is in pretty good shape right. Ow.
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Re: Is China Losing the Trade War?

Post by twodogs » Thu Jun 28, 2018 2:50 am

If you consider a million people on the employment sidelines good you may be ecstatic in a few months.

"Economists and policy makers use a metric called the Herfindahl-Hirschman index (hhi) to gauge the degree of concentration of a country’s exports.

The hhi measures international trade concentration using a complex economic formula: the higher the resulting percentage, the greater a country’s dependency on a single market (or product). The majority of developed economies—including the US and most European Union countries—scored below 10 percent in 2015, which is considered to be a healthy level.

Canada and Mexico, however, hover in the 50 to 60 percent range. According to World Bank data for 2015, the only other country with a higher hhi than that is Mongolia. Last year, StatsCan dutifully published a fact sheet detailing the concentration of our exports, which does cite our hhi score, albeit somewhat shorn of context. While it does mention that Canada is the least diversified among G7 nations, the document conveniently neglects to show how we rank globally—hardly surprising, given that these comparisons verge on the absurd for a country that claims to be one of the world’s wealthiest nations."

If you agree to the sunset clause you may get to keep some of your jobs. If you wait until everything used in America is made in America it will be too late.
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Re: Is China Losing the Trade War?

Post by eric84 » Thu Jun 28, 2018 2:53 am

The cost of accepting a sunset clause is too high for the economy.
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Re: Is China Losing the Trade War?

Post by twodogs » Thu Jun 28, 2018 3:10 am

eric84 wrote:
Thu Jun 28, 2018 2:53 am
The cost of accepting a sunset clause is too high for the economy.
If you don't there may not be much of an economy left. Canadian productivity lags most industrialized nations. You didn't even make the top ten. Be grateful you live next to the largest market on the planet and it still needs some of your products.

Sign the sunset clause, lower taxes and reduce regulations and you may be able to maintain your standard of living for a decade or two.

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Re: Is China Losing the Trade War?

Post by Annotated » Thu Jun 28, 2018 4:12 am

I have to say, I'm liking the red highlighting.

I would say that it would be nice if everyone did that, but most don't have points worth highlighting.

And of course the tards would just end up putting their whole posts in red.
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Re: Is China Losing the Trade War?

Post by eric84 » Thu Jun 28, 2018 4:30 am

twodogs wrote:
Thu Jun 28, 2018 3:10 am
eric84 wrote:
Thu Jun 28, 2018 2:53 am
The cost of accepting a sunset clause is too high for the economy.
If you don't there may not be much of an economy left. Canadian productivity lags most industrialized nations. You didn't even make the top ten. Be grateful you live next to the largest market on the planet and it still needs some of your products.

Sign the sunset clause, lower taxes and reduce regulations and you may be able to maintain your standard of living for a decade or two.

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Signing the sunset clause would guarantee a decline in our standard of living. It’s been explained to you.
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Re: Is China Losing the Trade War?

Post by Flobster! » Thu Jun 28, 2018 6:37 am

Reducing regulations almost always means

1. Harming the environment
2. Making workplaces less safe
3. Making workplaces less fair
4. Making food less safe
5. Making medicines less safe
6. Increasing disparities in health
7. Increasing disparities in education

and so on.

While it might well be a good idea to review regulations now and then, to sort out overlaps and redundancies, a government running on a blanket 'reduce regulations' platform is ALWAYS trying to make its citizens' lives worse.
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Re: Is China Losing the Trade War?

Post by Smoker » Thu Jun 28, 2018 8:26 am

twodogs wrote:
Wed Jun 27, 2018 5:18 pm
If there are no winners in a trade war, tell that to the equity markets. Judging by gains and losses on the year, every major China ETF is underperforming the S&P 500. China is losing this one. The market has spoken.

MSCI China (MCHI) is down 6.74%, FTSE China (FXI) is down 10.45%, Deutsche X-Trackers China A-Shares (ASHR) is down 16.8% and the market's favorite China play, tech stocks, are down just under 2% as represented by the KraneShares China Internet and E-Commerce (KWEB) fund. Meanwhile, the S&P 500 is up 1.6% year-to-date.

Juche!!!
Hi twodogs,

Are you serious or just being a sh*t disturber?

There are dozens and dozens of other economic/political/emotional & whatever factors that affect equity markets besides your single factor.

YTD performance is just a hickup and not a long term trend.

The Markets will end up saying something relevant if a real prolonged and serious trade war breaks out by lowering everyone's starndard of living.

So even if you think you win a trade war because you only lost an arm while the other guy lost two arms you are still down a freakng arm.

Why do you think your government can managed global trade better than the markets?

Why when it comes to this issue do you suddently turn into a socialist?

BTW the lefties on here are only for global free trade because Trump is talking about tariffs etc. You didn't hear a peep out of them when Obama & Hillary were taking protectionism for votes so are you only for protectionism now because it is Trump's idea?

Warmest Regards, Smoker
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Re: Is China Losing the Trade War?

Post by LonelyTeaPot » Thu Jun 28, 2018 8:51 am

Smoker wrote:
Thu Jun 28, 2018 8:26 am

BTW the lefties on here are only for global free trade because Trump is talking about tariffs etc. You didn't hear a peep out of them when Obama & Hillary were taking protectionism for votes so are you only for protectionism now because it is Trump's idea?

Warmest Regards, Smoker
Yes, I think this is funny too. Before Trump things like TTIP, TPP, CETA and what have you were the work of the devil, but now that Trump pushes protectionism many lefties have turned into free trade advocates.

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Is China Losing the Trade War?

Post by Godjira » Thu Jun 28, 2018 8:57 am

Obama was one of the main proponents of the TPP and TTIP.

What exactly where the protectionist policies that Obama or Hillary supported?
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Re: Is China Losing the Trade War?

Post by Smoker » Thu Jun 28, 2018 11:39 am

Godjira wrote:
Thu Jun 28, 2018 8:57 am
What exactly where the protectionist policies that Obama or Hillary supported?
Hahaha! You are just trying to deflect and thus pretend President Barack Obama’s Chinese tire tariff fiasco of 2011 yada yada yada never happened.

For a classic and specific example just type "Obama Chinese tire tarriffs loss of American jobs" into google and then start reading and thus do your own work.

All of the American politicians both Democrat and Republican give the "globalization & free trade is great" speech when in Silicon Valley etc but give their "protect American jobs" speech in the flyover states.

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Is China Losing the Trade War?

Post by Godjira » Thu Jun 28, 2018 11:47 am

That’s the best you can do?

LOL!

Obama tried to join both the TTP and TTIP
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Re: Is China Losing the Trade War?

Post by coffeeguy » Thu Jun 28, 2018 12:25 pm

What a thread...

(1) Dopey trump chumps happy that they are 'winning' because they will only lose $10 when the guy next to them loses $100.

(2) Americans gloating at the job losses in Canada, the country that provided safe refuge to thousands of their American friends and neighbors during 9/11 attacks. Should be fucking ashamed of yourselves

(3) And what stew thread would be complete without the moron and hyped up partisan puppet Smoker going on with his usual dreary 'what about' schtick to defend Trump and the rest of his right wing idiots. A global trade war is A ok because obamas tire tarrifs. how does this idiot remember to breathe.

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Re: Is China Losing the Trade War?

Post by twodogs » Thu Jun 28, 2018 2:35 pm

Smoker wrote:
Thu Jun 28, 2018 8:26 am

Hi twodogs,

Are you serious or just being a sh*t disturber?

There are dozens and dozens of other economic/political/emotional & whatever factors that affect equity markets besides your single factor.

YTD performance is just a hickup and not a long term trend.

The Markets will end up saying something relevant if a real prolonged and serious trade war breaks out by lowering everyone's starndard of living.

So even if you think you win a trade war because you only lost an arm while the other guy lost two arms you are still down a freakng arm.

Why do you think your government can managed global trade better than the markets?

Why when it comes to this issue do you suddently turn into a socialist?

BTW the lefties on here are only for global free trade because Trump is talking about tariffs etc. You didn't hear a peep out of them when Obama & Hillary were taking protectionism for votes so are you only for protectionism now because it is Trump's idea?

Warmest Regards, Smoker
All good points Smoker. Yes, stirring the stew is certainly a big part of it. I realize YTD will swing both ways. I realize everyone is going to take a hit but no one is going to lose appendages just a little money. Free and open global trade is best but we do not have that. Not socialist, protectionist. China, the EU and the wannabees all practice protectionism but scream bloody murder when the US returns the favor. At this time the United States is in the best position to "win" a trade war so why not jump? We may get some concessions, some of the secondary markets will gain and if nothing else less consumption will be better for the environment. I wouldn't be surprised to see some great innovations come out of this as countries learn to be less reliant on the US market. This is gonna hurt short term but long term it will be better for everyone, even meek little Canada is starting to grow a pair.
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Re: Is China Losing the Trade War?

Post by coffeeguy » Thu Jun 28, 2018 2:54 pm

Canada and the EU essentially have reciprocal trade with the US. Yes you can cherry pick areas where there is not 'free trade' like dairy or 10% tarriff on US cars into Europe but they are few and far between and of course Trump ignores the barriers the US imposes, such as blocking Canadian lumber or the 25% tariff on light trucks the US has. I cant speak for the EU but Canada isn't going to get bullied into a bad trade deal, we'll take the hit and have long memories how we were treated by our so called friend and ally. The country is united against the way the US has treated us.

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Re: Is China Losing the Trade War?

Post by twodogs » Thu Jun 28, 2018 3:04 pm

It looks like our little girl is growing up.
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Re: Is China Losing the Trade War?

Post by coffeeguy » Thu Jun 28, 2018 3:23 pm

twodogs wrote:
Thu Jun 28, 2018 3:04 pm
It looks like our little girl is growing up.
Looks like the supposed grownup to our south is dirtying his diapers

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Re: Is China Losing the Trade War?

Post by twodogs » Thu Jun 28, 2018 5:46 pm

"If we think the trade war is being rough on our markets, just take a look at China. The country's benchmark Shanghai Index is down 22% since its peak in January, and the yuan is dropping as well. In addition to Trump's rhetoric and the threat of a trade war, China is also seeing weakening domestic economic data.

FINSUM : China is a lot more exposed to the trade war than the US. It has less broad and deep financial markets, so there are not as many places for investors to hide, and its economy is much more export-reliant, making it more vulnerable to tariffs."-Tintin

And if you think China has it bad our good neighbors to the north have a much smaller market and rely far more on trade than China.

Juche!!!
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Re: Is China Losing the Trade War?

Post by coffeeguy » Thu Jun 28, 2018 8:11 pm

^see above
coffeeguy wrote:
Thu Jun 28, 2018 12:25 pm
What a thread...

(1) Dopey trump chumps happy that they are 'winning' because they will only lose $10 when the guy next to them loses $100.

(2) Americans gloating at the job losses in Canada, the country that provided safe refuge to thousands of their American friends and neighbors during 9/11 attacks. Should be fucking ashamed of yourselves


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Re: Is China Losing the Trade War?

Post by eric84 » Thu Jun 28, 2018 8:15 pm

Ill-informed jackassery from 2dogs.
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Re: Is China Losing the Trade War?

Post by guruwil » Fri Jun 29, 2018 5:43 am

China with a centralized autocratic economy and a controlled population can withstand a trade war much longer than the US can. They might suffer greater losses but they can sustain them for much longer. A recession in the US with the Trump constituency hit hardest would be the end of him.
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Re: Is China Losing the Trade War?

Post by Flobster! » Fri Jun 29, 2018 6:15 am

Agree. China could probably withstand nukes on half a dozen cities without too much fuss. A trade war is pretty small stuff.
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Re: Is China Losing the Trade War?

Post by Smoker » Fri Jun 29, 2018 10:22 am

twodogs wrote:
Thu Jun 28, 2018 2:35 pm
I realize everyone is going to take a hit but no one is going to lose appendages just a little money.
The only people trade wars help are small special interest groups at the expense of the greater population that have to pay more for lesser quality.
twodogs wrote:
Thu Jun 28, 2018 2:35 pm
Free and open global trade is best but we do not have that.
Then Trump should be negotiating additional free trade agreements rather than appeasing domestic special interest groups for votes.
twodogs wrote:
Thu Jun 28, 2018 2:35 pm
China, the EU and the wannabees all practice protectionism but scream bloody murder when the US returns the favor.
This has already been explained to you several times. Everyone plays dirty. There are no good guys and bad guys here but just everyone cutting off their nose to spite their face and appease some of their domestic special interest groups.
twodogs wrote:
Thu Jun 28, 2018 2:35 pm
At this time the United States is in the best position to "win" a trade war so why not jump?
This has also been explained to you several times. There is no "winning a trade war" except for some domestic special interest groups at the expense of your general population.

BTW read up a bit on your domestic sugar industry and you might finally realize no one is wearing a white hat in this but only various shades of grey down to pure black.

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Re: Is China Losing the Trade War?

Post by Smoker » Fri Jun 29, 2018 10:34 am

Godjira wrote:
Thu Jun 28, 2018 11:47 am
That’s the best you can do?
Yes a direct and specific example of "President Barack Obama’s Chinese tire tariff fiasco of 2011.

Hey Godjira the partisan puppet, how come when Obama puts a tariff in place it is a-ok with the liberal elite but when Trump does it he is a baddie?

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Is China Losing the Trade War?

Post by Godjira » Fri Jun 29, 2018 11:13 am

LOL!

Thanks for that Smokey!

Obama supported free trade via TTP, TTIP, South Korea, Vietnam, etc. b b b but tire tariffs!!

Trump’s entire platform is protectionist, and really stupid, poorly executed protectionism.
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Re: Is China Losing the Trade War?

Post by Smoker » Fri Jun 29, 2018 1:31 pm

Godjira wrote:
Fri Jun 29, 2018 11:13 am
Thanks for that Smokey!
Your welcome; it is my pleasure to point out the hypocrisy of not just you but all the partisan puppets.

When Trump attacks NAFTA that is bad but when Hillary said in the 2008 election campaign "You know, I have been a critic of NAFTA from the very beginning...” there isn't a peep out of the partisan puppets.

Obama puts on tariffs that is a-ok but Trump does the same thing and he is a baddie.

The hypocrisy of the partisan puppets never ends.

Warmest Regards, Smoker
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Re: Is China Losing the Trade War?

Post by Lost Soul » Fri Jun 29, 2018 1:55 pm

guruwil wrote:
Fri Jun 29, 2018 5:43 am
China with a centralized autocratic economy and a controlled population can withstand a trade war much longer than the US can. They might suffer greater losses but they can sustain them for much longer. A recession in the US with the Trump constituency hit hardest would be the end of him.
Doubtful.

Watch their 25% tariff on US exports crumble soon.
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Re: Is China Losing the Trade War?

Post by Flobster! » Fri Jun 29, 2018 2:19 pm

Imports.
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Re: Is China Losing the Trade War?

Post by twodogs » Fri Jun 29, 2018 2:27 pm

guruwil wrote:
Fri Jun 29, 2018 5:43 am
China with a centralized autocratic economy and a controlled population can withstand a trade war much longer than the US can. They might suffer greater losses but they can sustain them for much longer. A recession in the US with the Trump constituency hit hardest would be the end of him.
Then why are Chinese stocks and currency down?
More irrational spitefulness coming from twodogs...

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Re: Is China Losing the Trade War?

Post by Flobster! » Fri Jun 29, 2018 2:30 pm

Did you read what he said? They'll take losses but they can sustain them much longer than the US can. It's a dictatorship.
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Re: Is China Losing the Trade War?

Post by Lost Soul » Fri Jun 29, 2018 2:34 pm

Flobster! wrote:
Fri Jun 29, 2018 2:30 pm
Did you read what he said? They'll take losses but they can sustain them much longer than the US can. It's a dictatorship.
Doubtful. They are afraid of a Chinese uprising of 100,000,000 unemployed people.
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