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originally posted by: sdcigarpig
a reply to: nwtrucker
China does not have to trade with the US, they are a global power, and have both the manpower and the means to move and ship goods all on their own. And the very rules for business that the US has been doing, including Trump, China developed, perfected and has been using for years. So how much of a war is this really going to be?
Looking at the past 20 years, China has been focusing efforts in 2 different areas, one is Africa, with all of the natural resources, has been where China has been spending money and manpower to develop and establish strong trade relations, along with developing countries. The other is Latin America. It has been probing and getting into areas that either the USA has neglected or has been alienating due to bad policies.
When Trump announced that it was pulling out of the TPP, many countries, China came in and offered another deal that countries are considering on doing. Now if China is starting to flex its economic muscle and start to under-cut or even pick up and exceed trade that the USA is dropping how good would it be for the USA?
In short the USA is about to get into a trade war with China, which the USA can ill afford.
originally posted by: St Udio
china has the 'rare earth mining' industry all sewn up... china has natural deposits in China to be exploited and owns a strategic mining operation here in the USA that produced a particular rare-Earth metal used in the Defense industry as a highly strategic magnetic element used in all sorts of high tech weapons
there is also something called the 'section 301"....the vulture capitalists/globalists sold out America for quick Profits .... just like in the Uranium One act-of-treasonous behavior by a small group of profiteers...
Along With: Rare Earths/satellite orbit insertion codes to China/Fission material to Russia, the list is long
China has our military high tech in-the-crosshairs...also the real alternative to Western Financial Dominance & the Petro-Dollar strength with the 26 March 2018 launch of the Gold-Yuan-Oil Exchange along with the Eastern Version of the Western bankers Swift Code & BIS/IMF empire
trade war with China will strangle the USAs image-of-Itelf
originally posted by: orionthehunter
Well let's get this trade war going. 3 billion dollars of goods when trade is likely over a trillion is nothing but tough talk. Since Trump is talking Trade War, I assume he just wants to get a stock market correction over with early in his term instead of late. He could have just called it Fair Trade. China has been taking advantage of other countries for many years without equal trade practices. Europe may enact tariffs as well if they don't get special exemptions. I saw the US imports a lot of steel from Brazil. Is Brazil in cahoots with China now? I heard only 3% of domestic steel is used for the defense industry, that doesn't sound like much of an issue concerning national security. Has the defense industry been buying steel from overseas? I don't know. Instead of tariffs, could require a certain percentage be bought from the US and Canada. Maybe the defense industry already uses local steel. I have more questions than answers.
"Given that the European Commission always imposes the minimum duties possible, unlike the US, then what we end up with are duties that are totally inadequate and may not have any material effect. “If this was the US, we would have seen duties set at 66pc and brought in after 45 days from the start of the investigation. Not 9pc after almost a year, from a drawn out and procrastinating EU machine." China now accounts for more than half of global steel production - up from 10pc a decade ago.
Until a few years ago, the Chinese government was using the Peoples Liberation Army’s (PLA) sophisticated cyber skills to infiltrate American companies and steal technology. Chinese officials denied all wrongdoing until President Barack Obama and President Xi Jinping met in California in June 2013. Obama showed Xi detailed proof that the US had obtained through its own cyber espionage. Xi then agreed that the Chinese government would no longer use the PLA or other government agencies to steal US technology. Although it is difficult to know with certainty, it appears that such cyber theft has been reduced dramatically.
The current technology theft takes a different form. American firms that want to do business in China are often required to transfer their technology to Chinese firms as a condition of market entry. These firms “voluntarily” transfer production knowhow because they want access to a market of 1.3 billion people and an economy as large as that of the US.
originally posted by: nwtrucker
a reply to: Xtrozero
Spot on, sir, spot on!
Let's see who they get the soy beans from if not us. There are some nervous soy bean producers in the U.S.. We can easily give them subsidies from the tariffs we earn. Perhaps do what we did for years, in the day. We paid farmers not to grow wheat. We could do the same for soy...
originally posted by: peck420
a reply to: nwtrucker
I have never been, nor will ever be, a US citizen.
Your government has no problems stealing from the citizens of your allies.
My supposed 'enemy' asks if I am willing to pay the fee to play on their field. My 'ally' just takes it.