USA Reaches Major Trade Deal With Japan.

Trump has just reached a major trade deal with Japan!

They have agreed to buy all the corn China was going to buy.

This is a major blow to the Chinese, as it takes the wind out of their sails... hehe [sales]... and bite out of their current negotiating power.

Also included are e-commerce agreements. Both Agriculture and Industrial agreements have been put in place.

It will be signed at the UN meeting at the end of September.




INCLUDES;
Beef, Wine, Pork, Wheat, Corn, Ethanol imports to Japan.
Decreased tariffs across the board.
Industrial tariffs being reduced on Japan manufacturing coming to USA.


Example given: Japan is USA's biggest beef market, which will lower cost of beef for consumers in Japan.

SPY calls

I would much rather deal with our Japanese friends than China. The people and the culture are beautiful.

I think we should cease all trade with China. It’s obvious China’s only intention is to rip off our country and can’t be trusted.

a reply to: Middleoftheroad

www.cnbc.com...

Trade war if all rhetoric is China really wanted to win all they have to do is leverage their precious metals market

All that hand-wringing about China.

Historians will write about Trump's Asian policy.

The big winners are obviously going to be Japan, the Koreas, Vietnam, Taiwan, Hong Kong, Singapore, Indonesia and Thailand.

I'm fairly certain that the Chinese, who were originally hoping that the Dems would prevail in 2020, are #ing bricks right now.

I put my money on the Chinese caving within the next 12 months.

originally posted by: toysforadults
a reply to: Middleoftheroad

www.cnbc.com...

Trade war if all rhetoric is China really wanted to win all they have to do is leverage their precious metals market

That's false and been discussed, there isn't anything the chinese can do to "win" other than negotiate new trade deals, they've been stretched.

a reply to: toysforadults
If Japan can get this soon enough:

www.cnbc.com...

Perhaps they can offset the precious metal threat too. Although in the immediate future China would probably have us by the balls.

a reply to: Arnie123
Just saw this, do you have a link to the discussion? I'd be interested to read through that

This is why it's great to have a president that isn't a career politician. We're getting much more from a seasoned business man.

Way to go Mr. President!

Good for Trump.

This was to be expected, as Trump seeks to shift our reliance on china, he'll be building new trades deals and other bridges that will benefit not only the US but other countries as well.

Trump will be going sector by sector, market through market, to slowly easy ourselves off the chinese.

The chinese are fools, they should know that Trump isn't your typical politician and he DOESN'T BACK DOWN and will double, hell, triple down. Never had the chinese faced an opponet who waves off their "Contributions" and "Calls them out".

Expect more trade deals and announcments that focus on immediate issues.

For all you leftist, all your shrieking, as always, Trump is one step ahead of you all.

originally posted by: Irikash
a reply to: Arnie123
Just saw this, do you have a link to the discussion? I'd be interested to read through that

***Short term issue.

Not a fan of the verge, but here is a starter article,

www.theverge.com...

Some excerpts:

They say that while a restriction on rare earth exports would have some immediate adverse effects, the US and the rest of the world would adapt in the long run. “If China really cuts off supply entirely then there are short term problems,” Tim Worstall, a former rare earth trader and commodities blogger tells The Verge. “But they’re solvable.”

Like this trade war, markets experience turmoil through a relatively short period of time as other avenues of approach open and become available.
China not buying Corn means we shift our trade and bingo, Japan is our new customer.
China cutting off rare metals is a short term effect and NOT AN ACE in the hole.

Significant deposits exist in China, but also Brazil, Canada, Australia, India, and the United States.

China isn't the only place.

But why them? Perhals REGULATIONS are the hurdle as to why the US doesn't process its own resources, as US mentality goes, let them ruin their environment, we're buy them, just don't think you have us by the ballz, we have them too.

This is the primary point:

China’s sway in the rare earths market is a fairly recent state of affairs. Between the 1960s and the 1980s, the majority of the world’s supply was actually produced in America, from the Mountain Pass mine in California. The mine’s processing plant was shut down in 1998 after problems disposing of toxic waste water, and the whole site was mothballed in 2002.

We WERE dominate, but shutdown the mine, that's all.

Plus, china oulled that rare metals card BS before:

Back in 2010, China stopped exports of rare earths to Japan following a diplomatic incident involving a fishing trawler and the disputed Senkaku Islands. Gholz wrote a report of the fallout from this incident in 2014, and found that despite China’s intentions, its ban actually had little effect.

How?

Chinese smugglers continued to export rare earths off the books; manufacturers in Japan found ways to use less of the materials; and production in other parts of the world ramped up to compensate. “The world is flexible,” says Gholz. “When you try to restrict supplies to politically influence another country, people don’t give up, they adapt.”

Change brother, the US is the most developed country in the world, we can adapt and with Trump, fight back before it is too late.

a reply to: pianopraze


Good news

Nothing better to read when I log on

And I love puns

S&F





a reply to: Arnie123

A 100% accurate post I checked into rare earth minerals recently .

In addition

The mountain pass mine/plant is due to reopen in 2020 .

I can’t find the link but I saw 60 minutes piece a a few years ago . One of the reasons for chinas dominance is that in the 80s or 90s they bought up US processing facilities and processes . We can compensate for that .

Wyoming has just discovered areas with some of the highest rate earth concentrations in the US and is looking to develop them .

US government department of science announced a new process that could lead to less expensive separation of earth minerals has been discovered .

China needs to realize .......

originally posted by: pianopraze
Trump has just reached a major trade deal with Japan!

They have agreed to buy all the corn China was going to buy.

This is a major blow to the Chinese, as it takes the wind out of their sails... hehe [sales]... and bite out of their current negotiating power.

Also included are e-commerce agreements. Both Agriculture and Industrial agreements have been put in place.

It will be signed at the UN meeting at the end of September.

Quick, somebody buy a commemorative coin!

I think given everything that has happened in the past, we should celebrate this at the end of September when it's signed. It is a much wiser choice not to trust anything Trump or his people say until it actually materializes.

a reply to: Duderino

Orange man bad! Orange man Bad OrangeManBadorangemanbad.....

Doesn't it get old to even you on the left? It sure does to the rest of us.




They are working on more agreements, per the Japanese ministers, but have fully agreed to these.

So, it will get even better!

originally posted by: pianopraze
a reply to: Duderino

Orange man bad! Orange man Bad OrangeManBadorangemanbad.....

Doesn't it get old to even you on the left? It sure does to the rest of us.




They are working on more agreements, per the Japanese ministers, but have fully agreed to these.

So, it will get even better!

Orange man is a liar, and so are his people. If you think that makes him bad, that's your call.

I just always call for caution when dealing with known and proven liars.

I would see it as a way of the USA getting some military on ground closer to China, the MIC are still 3 moves ahead while Japan will be used like any other pawn

The U.S. wants Japan's help to close its 'missile gap' with China. Is Tokyo up for it

originally posted by: Duderino

originally posted by: pianopraze
a reply to: Duderino

Orange man bad! Orange man Bad OrangeManBadorangemanbad.....

Doesn't it get old to even you on the left? It sure does to the rest of us.




They are working on more agreements, per the Japanese ministers, but have fully agreed to these.

So, it will get even better!

Orange man is a liar, and so are his people. If you think that makes him bad, that's your call.

I just always call for caution when dealing with known and proven liars.

So your cautious about yourself? I'm not so sure, you've pushed plenty lies, mostly stemming from liberal media, but your ignorance will simply see no other way.

Meanwhile, real world actions are occuring and you're playing hypocrite.

Keep losing.

Sounds like good news. If this pans out and helps and not somehow make things worse for our economy I will give praise where praise is due.