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Thread: Trump vows China deal on US terms

  1. #1
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    Trump vows China deal on US terms

    1. WASHINGTON (Reuters) - Any trade deal the United States makes with China must be on U.S. terms, Donald Trump said on Thursday, as Beijing prepared to take countermeasures in response to the Republican U.S. president’s latest tariffs on $300 billion of Chinese imports....

    2. As shown by the factors below, China has no choice but to stand fast against the ruthless policies of Trump and other hegemonists.

    (a) Trump rules out any "50-50" deal with China.

    Trump said in an interview aired on Sunday (May 19, 2019) that his tariffs on Chinese goods are causing companies to move manufacturing out of China to Vietnam and other Asian countries, and added that any agreement to end a trade war with China cannot be a "50-50" deal.

    Repeating it in other words, he said that "any pact would have to be on America's terms". Who wants to make a deal on his opponent's terms? If you make a deal on your opponent's terms, you must be an idiot. Similarly if you expect others to cave in on your terms, you must be a moron.

    (b) The loss of US credibility

    Once Donald Trump moves into the White House, he began to rip his predecessor's deals to shreds. You can imagine what will happen if the Democrat regains the White House. All of Trump's deals will be trashed. Hence how can others make a deal with a country that loses all credibility?

    (c) Mercurial Trump

    At 94, Malaysia’s Prime Minister Mahathir Mohamad is the world's oldest elected leader. Being 21 years older than Donald Trump, he slammed the US leader more than once in public -- well, like the fatherly chastisements of a wayward son.

    Mahathir hit the nail on the head when he called US President Donald Trump “mercurial”, saying: "He changes his mind within 24 hours … When you have a man like that, you need to be cautious."

    He also called US President Donald Trump an “international bully” and a “villain” for his move to recognise Jerusalem as Israel’s capital.

    “Today we have an international bully. Trump, go find someone your own size. This (Jerusalem plan) will only stir the anger of the Muslims....We must use all our power to oppose this villain who is the president of the United States,” he said, urging all Muslim countries to cut ties with Israel.

    (d) US red tape

    It takes a short time for Trump to impose tariffs but a long time to remove them because of red tape.

    (e) Trump has become a lame duck and "bounced cheque".

    As time goes on, both political parties have discovered that it is not too bad to have a scandal-hit guy as president. If Trump backtracks in his anti-China campaign, bipartisan hegemonists like Latino Republican Senator Marco Rubio of Florida, Republican Senator Mitt Romney of Utah and Democratic Senator Mark Warner of Virginia are ready to enact legislations to bring him back to his "right course" in the protracted trade war.

    Due to bipartisan threats to rein him in if he goes off course like a crazy horse, Trump has become a lame duck and "bounced cheque" in any deal with China and other countries.

    (f) Like a wolf howling in the dim moonlight, waking up all the vampires and zombies in the nearby cemetery, Trump has aroused the deep-seated Sinophobia among members of both parties in Congress and officers in the State Department, Pentagon, spy agencies and other sections of the US population.

    Once those creatures are out, it is difficult, if not impossible, to keep them out of mischief by sending them back to their resting place. Hence it won't be surprising to find US lawmakers vying with each other in their attempts to be more Trump than Trump in their anti-China campaign.

    Many Americans have fallen under a delusion that Trump has discovered the secret in dealing with China. Future US presidents may pursue similar anti-China policies with the result that the great power rivalry between the two countries will last for several centuries, if not forever.

    Hence it is a matter of the utmost importance for China to deal a crushing defeat to Trump in the so-called trade war in order to save itself, America and all other countries from the upcoming global economic holocaust.

  2. #2
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    "Trump said in an interview aired on Sunday (May 19, 2019) that his tariffs on Chinese goods are causing companies to move manufacturing out of China to Vietnam and other Asian countries."

    That's bullshit. What has happened is that before Trump even put the tariffs on, China's government let the currency rise in value, which has resulted in higher wages in China but also higher costs of exports. This is completely natural and the right thing to do because China has moved above the sweatshop economy and is now providing many more well paid jobs, such as in research and indeed lastnight I was looking at the new stock exchange in Shenzhen. It will probably also move into things like banking and other financial services, i.e. the well-paid jobs the westerners are so incompetent at. So how it is, is that the work that can be done by robots will remain in China but where you had people making Apple's Iphones and the like, well that business has already started to move to Vietnam and Cambodia is another place as well. Huawei has overtaken Apple anyway and chances are it will be Chinese firms doing the commissioning in future.
    “But I don’t want to go among mad people," Alice remarked."Oh, you can’t help that," said the Cat: "we’re all mad here. I’m mad. You’re mad."
    "How do you know I’m mad?" said Alice. "You must be," said the Cat, "or you wouldn’t have come here.”

  3. #3
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    Quote Originally Posted by Baron von Lotsov View Post
    "Trump said in an interview aired on Sunday (May 19, 2019) that his tariffs on Chinese goods are causing companies to move manufacturing out of China to Vietnam and other Asian countries."

    That's bullshit. What has happened is that before Trump even put the tariffs on, China's government let the currency rise in value, which has resulted in higher wages in China but also higher costs of exports. This is completely natural and the right thing to do because China has moved above the sweatshop economy and is now providing many more well paid jobs, such as in research and indeed lastnight I was looking at the new stock exchange in Shenzhen. It will probably also move into things like banking and other financial services, i.e. the well-paid jobs the westerners are so incompetent at. So how it is, is that the work that can be done by robots will remain in China but where you had people making Apple's Iphones and the like, well that business has already started to move to Vietnam and Cambodia is another place as well. Huawei has overtaken Apple anyway and chances are it will be Chinese firms doing the commissioning in future.
    Well said. Keep up the good job. You seem to have the knack of saying something before I say it.

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