Posted on 03/19/2018 9:52:16 PM PDT by Olog-hai
Premier Li Keqiang said Tuesday that China doesn’t want to see a “trade war” with the United States and hopes to reach a negotiated settlement of disputes.
Speaking at a nationally televised news conference, Li said rash action would hurt all sides. He made no mention of a possible Chinese response to any increase in U.S. import controls.
Beijing faces mounting pressure from the government of U.S. President Donald Trump over complaints it hampers access to its markets, pressures foreign companies to hand over technology and is flooding foreign markets with unfairly low-priced steel and other goods.
That has prompted concern possible U.S. import controls might set off a cycle of retaliation by Beijing and other governments.
“No one will emerge a winner from a trade war,” said Li. He said that would be contrary to trade rules based on negotiation and dialogue and would damage a mutually beneficial U.S.-Chinese trading relationship. …
(Excerpt) Read more at apnews.com ...
They’ll feel it too
The Germans in the great War didn’t want to see an American entry into the war.
Let’s try one. Xi’s vulnerable if it goes to pot.
“No one will emerge a winner from a trade war,” said Li.”
There’s your flare right there. It’s on, and there is nothing they can do about it. Prepare for the ass kicking if you haven’t already. Embrace the suck.
~W
Art of the deal
Then he should kow-tow, I think.
Trade war NOW!
And with EU too!
America FIRST!
There is a VERY simple solution.
China should BUY MUCH MORE FROM AMERICA.
I don’t know if they will. But I want Donald Trump to look out for America.
Not China.
Most people are stupid, especially media economists.
Last time we had a trade war American Exports > imports.
This time American Exports < imports.
Who wins the war. The friggin biggest importer in the world. Anyone too dumb to see that needs a smack to the back of their head with a loud “STUPID.”
Of course they don’t. Nobody likes it when the other guy fights back. We haven’t fought back for decades.
Leader for life still has to answer for the countries massive booming economy. Almost everyone drives a new car, the roads are excellent, the mass transit has some of the fastest trains on earth, though its a communist state they are so severely addicted to capitalism its unreal.
They simply cannot force Americans to buy their goods with any kind of threat, the more they even try the more it will backfire.
I think it will be a romp, this trade war. Retaliation will probably be more for the fireworks than the substance. Other countries know they have been getting the benefits big time of the ongoing trade swamping of America.
State capitalism is communism. Always has been, even back in 1848.
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