China can hit back quickly on trade

[Yo_Mama_Been_Loggin]

These idiots don't know what the fuck they're doing.

China’s stance on U.S. trade can be illustrated by one of Sir Isaac Newton’s laws of motion: For every action, there’s an equal and opposite reaction.

From aircraft to steel to solar, Beijing has responded in kind to what it deemed as trade slights from Washington. It also has sought World Trade Organization protections, and with some success.

That’s something for President-elect Donald Trump to weigh as he decides whether to honor his proposal for tariffs on the world’s largest trading nation, which had $627 billion in U.S. trade in 2015.

A Communist Party newspaper this week gave a flavor of what could come, suggesting “tit for tat” retaliation should a trade tiff erupt. “Boeing orders will be replaced by Airbus,” the Global Times said in an editorial. “U.S. auto and iPhone sales in China will suffer a setback, and U.S. soybean and maize imports will be halted.”

http://www.heraldnet.com/business/china-can-hit-back-quickly-on-trade-boeing-sales-at-risk/

[lapfog_1]

1. computer chips... kills the IT industry in the US

we don't want those chip making jobs here because of the toxic chemicals used.

[SHRED]

2. Nuance and intelligence are gone

[safeinOhio]

3. The dollar store will become

The ten dollar store.

[exboyfil]

4. Note Iowa, Indiana, and other corn and soybean producing states

Hope you enjoy the news about soybeans and maize. Brazil will be happy to make those sales.

[TrekLuver]

5. The only thing that's gonna wake up these misguided and bigoted Americans is to hit

them in their pocketbooks.

[Mosby]

6. when howard dean was running for president

He talked about tariffs and he was right.

The US is getting punked by these third world countries, our free trade policies are destroying the middle class.

Keep in mind, Americans are the largest consumer group in the world, without our purchases the Chinese, Korean, taiwanese Indian etc. economies would collapse.

Eta - these ridiculous threats just show how freaked out they are, without American soy and corn imports their people will literally starve. Most people don't know this but the US grows more soy than any other country in the world.

They threaten MS and Qualcomm (who own CDMA technology which is in EVERY phone in the world) because they hate patents. But again, without CDMA tech they will have no cell phones that work until they go back to older tech.

[exboyfil]

9. China is sitting on historically high corn and soy bean stocks

In addition Brazil is ramping up fast for corn and soybeans.

[Mosby]

12. In 2014 China imported 73.5 million metric tons of soybeans.

They import most of their food stocks and are the last country that should be talking shit about their trading partners.

http://farmdocdaily.illinois.edu/2015/03/footprint-of-chinese-demand-for-us-soybeans.html

eta:

Estimates for 2017, soy imports to China will be 107 million metric tons, 55.8 coming from the US.

http://www.agweb.com/article/2017-outlook-soybeans-eye-china-demand-vs-south-america-supply-naa-debra-beachy/

[jmg257]

7. Screw China - cheap crap making, intellectual stealing weasels.

"The U.S. trade deficit with China was $365.7 billion in 2015 This is a new record, up slightly from last year's record of $343 billion.

The trade deficit exists because U.S. exports to China were only $116.2 billion while imports from China hit a new record of $481.9 billion.Oct 24, 2016"

[physioex]

8. Totally agree....

There was a time when American made good would last years now crap just falls apart even before it gets sold.

[jmg257]

10. Yep, and they 'steal' patents, and make fake shit in their factories and sell it as the real deal.

Bullshit labels and all.

We can't use Chinese aircraft cable 'cause it breaks way too easy.
Careful buying a "Gibsun" or "CF Martin" guitar.

Gypsum board anyone? Lead painted toys anyone?

Screw em.

[physioex]

11. In our old house we had old faucet...

Gerber made in the USA of solid brass, it lasted several decades with no issues and was only replaced because of a remodel. Of-course the 'new' Chinese one isn't close what was there before...

[Mosby]

14. I had a 14 month old Whirlpool fridge

that failed because of a Chinese capacitor in a control board.

$500 repair.

[malaise]

13. You think he'll pay back all that borrowed Chinese money?

These are lunatics