[vannrox]

In one way you are correct. i only know about the Guangzhou industrial basin, and the Northern Industrial regions. My experiences are limited to my particular customers and my industry segment. I also tend to deal with high end products. Most of what is shipped to the Untied States is the real cheap junk. You can thank Al Dunlop and Jim Walton for that.

That being said, promoting a stereotypical narrative on China is dangerous. China is many things, but it is absolutely not the American narrative.

The trade issue will be resolved. That is certain. Trump and the Chinese are all businessmen. It's just a matter of time.

You know, the news is all propaganda. Please keep that in mind. Whether it is news that you LIKE to hear, or news that you HATE to hear, it is all uniformly propagandized nonsense.

Now to ponder your question about "what will happen when the USA market is closed to them"?

I answered that, in a blog post HERE. You see, while America dominates as a 30% share of all outbound shipping containers, it only represents 10% financially. Most of the valuable stuff out of China goes elsewhere. Most of what goes to the USA is junk. Certainly you must know this.

Now, a 10% hit on exports is going to smart. But, it will not bring down a nation; cause a recession or result in all kinds of strife and violence.

I anticipate that if the tariffs are put in place at high levels that there will be a close out in trade with China. You won't see so much junk in the stores. However, you will also see China pull out of it's investments. This is a bargaining chip that they have on the table. You know, 45 billion dollars in new companies and projects could go to zero in a nanosecond.No one wants that.

I see that all this will be resolved.

Now, my point is this. Anything that you do not experience yourself FIRST HAND is of a speculative nature. That includes my thoughts. As well. Truthfully, keep that in mind when you read any news. Whether it is out of the UK, CNN, or FOX. There is a ton of nonsense out there.

[Zhang Fei]

[Most of the valuable stuff out of China goes elsewhere. Most of what goes to the USA is junk.]

---

China was the United States’ largest supplier of goods imports in 2017.

U.S. goods imports from China totaled $505.5 billion in 2017, up 9.3% ($42.9 billion) from 2016, and up 57.3% from 2007. U.S. imports from are up 394% from 2001 (pre-WTO accession). U.S. imports from China account for 21.6% of overall U.S. imports in 2017.

The top import categories (2-digit HS) in 2017 were: electrical machinery ($147 billion), machinery ($110 billion), furniture and bedding ($32 billion), toys and sports equipment ($26 billion), and plastics ($16 billion).

U.S. total imports of agricultural products from China totaled $4.5 billion in 2017, our 4th largest supplier of agricultural imports. Leading categories include: processed fruit & vegetables ($1.1 billion), fruit & vegetable juices ($320 million), snack foods ($204 million), fresh vegetables ($181 million), and spices ($159 million).

U.S. imports of services from China were an estimated $17.4 billion in 2017, 8.7% ($1.4 billion) more than 2016, and 47.6% greater than 2007 levels. It was up roughly 387% from 2001 (pre-WTO accession). Leading services imports from China to the U.S. were in the travel, transport, and research and development sectors.

[FreedomPoster]

Good post.

Almost every time I’ve known true behind the scenes information on a news story that hit national coverage, AP, etc., there have been major inaccuracies.

[dangus]

I’m inclined to believe your assertions that this will not spell economic doom. After all, the u.s. news media treats nine percent growth instead of ten percent growth as if it were ruinous. OToH, i think you’re downplaying it a bit. Our trade deficit with them is near ten percent of their entire GDP. And the major source of their fluidity. And I don’t buy for a second that they’re only selling junk to us but high quality goods to everyone else.
I UI

[grey_whiskers]

$45 billion in a $20 trillion economy is 45/20,000
or 9/4,000 or ~1/4 of 1%. Basically a rounding error.
Particularly considering the US onshore growth as we replace cheap sh*t from China.

[central_va]

If we get into a shooting war with China all of you Free Traitors™ are fair game.