Posted on 10/12/2018 11:11:42 PM PDT by cba123
Donald Trump’s tariffs on China are going great, the US president assured the world yesterday. ”Their economy has gone down very substantially,” Trump said on Fox & Friends.
The numbers tell a different story. In September, Americans bought $34 billion more worth of Chinese goods than they sold, according to data from China published this morning. That’s the biggest monthly trade surplus the Middle Kingdom has ever run with the US.
Please see link, for full article.
(Excerpt) Read more at google.com.vn ...
Let me start this by saying I have supported Donald Trump from the start.
I have supported him. I voted for him. I am very happy with how he is doing. He is doing a terrific job as US President.
I am not sure the author shares my views. Frankly, it seems he is posting this to be critical of Donald Trump.
Posting this myself, I am not posting this to criticize Trump.
But then again, I would like to point out, that China is currently, running the largest trade surplus, which any country, has ever inflicted on any other country.
Ever.
And it will set yet another record this year.
Again.
I am all for correcting the trade situation between our two countries. It has been far, far too long, that we have been buying FAR TOO MUCH from China.
They do not support America.
We should back the heck off, from building them up.
It is time to build up America, once again.
In my view...
Oh excuse me, this article is older than one minute, now. Here is the link:
Someone the other day mentioned that people are buying more to beat the implementation of tariffs. Sounds like it could be a reasoned explanation for the larger trade imbalance figures.
The tariffs will have the desired effect.
Can’t expect the figures to be accurate before the tariffs go into effect.
Anyone criticizing right now is scared the tariffs will work.
I wonder what kind of trade policy is going to help Christians in both China and the USA the most. And the answer might not be obvious. But it matters to what is reflected in everlasting heaven. Gospel themed goods may get people who produce it thinking about the gospel.
Partisan Media Shill update, bfl.
Public anger in China spreading as property prices drop [tr]
https://www.freerepublic.com/focus/chat/3696027/posts
China spy busted: Who, again, started the China trade war?
https://www.freerepublic.com/focus/news/3695617/posts
News of the Day, incl Clash Inside China [aw!m vanity]
https://www.freerepublic.com/focus/chat/3695266/posts
Quartz?
The numbers tell a different story. In September, Americans bought $34 billion more worth of Chinese goods than they sold, according to data from China published this morning. That’s the biggest monthly trade surplus the Middle Kingdom has ever run with the US.
...
Please send your complaints to the Federal Reserve, which in its zeal to cause a recession, is raising interest rates too high which is strengthening the dollar against the weaker Chinese currency.
At least with tariffs, the government will be taking in revenue that won’t be coming out of your paycheck.
Yeah, I don’t recognize the source, but the article, seems to be accurate.
Here is another article, with a very similar story:
Quartz is not allowed here.
I have and always will support an
“American Made” market. It took me
3 weeks to find American Made tires
for my lawnmower. Chinese made stuff
is crap. Keep the faith, it won’t be
long before America is great again.
Didn’t know that. Thanks.
Moderator, if true
Why did this post? And can you please delete this post?
Thanks...
You can’t expect a newly imposed - and only partially imposed - tariff to work right away. If Trump had slammed massive tariffs on Chinese made goods right away it would have caused chaos, companies would not have had time to set up alternative sources of supply, etc. He’s been proceeding slowly for a reason. He warned companies in the first year what was coming. He’s been gradually imposing more and more tariffs on China in steps. Companies are both looking for other suppliers (some in the US) as well as stocking up as much as they can in advance of the full implementation of higher tariffs on China. Give it time.
China Censors Bad Economic News Amid Signs of Slower Growth
https://www.nytimes.com/2018/09/28/business/china-censor-economic-news.html
Chinese Economy Suffers Biggest Investment Slowdown on Record
https://www.theepochtimes.com/chinese-economy-suffers-biggest-investment-slowdown-on-record_2661974.html
China’s Cooling Economy Spells Trouble Ahead for Global Growth
https://www.bloomberg.com/news/articles/2018-07-16/china-s-cooling-economy-spells-trouble-ahead-for-global-growth
meanwhile, back at the Clinton Non News:
China’s economic slowdown not as bad as feared - CNN Money
https://money.cnn.com/2016/07/14/news/economy/china-gdp/index.html
I think this was a bubble due to acceleration to beat the tariffs. It’s called an extinction burst.
The same thing happened to guns when Clinton blocked the import of some auto loading rifles.
I think this (may) be similar, but this may not change US behavior nearly the same way.
There is no “stop” date.
We will see what happens, in the future...
Read the above and focus:
... according to data from China ...
I bought last week a black metal rotating desk caddy online and I received it two days ago.
It was in a box that showed it was imported by an American company from Canada who in turn imported it from China. It was originally manufactured in China.
Note that NAFTA was scrapped and Canada just recently in the last two weeks signed a new trade agreement with the USA and note that this new trade agreement allows the USA to cut off any goods from Canada that were manufactured outside of Canada.
The Chinese saw it coming.
What would they be expected to do?
What happened when Mexico found out the USA was serious about border enforcement?
Illegals rushed across the border. The news media reported the largest swarms of illegals crossing the border ever.
China is rushing the border with their goods through Canada ahead of NAFTA annihilation.
The President's plan is working.
New orders of goods from China to Canadian importers for USA buyers have crashed.
China is in hurt city.
Welcome to the Trump Era China.
And about that Chinese tendency to always want to save face?
Forgeddaboutit.
You can eat crow you lying, thieving, polluting, bastards.
Feinstein, Pence Speech on China, Missing Interpol President Meng Hongwei of China
https://www.youtube.com/watch?v=XeYbAuyIYRQ
It will all work out - looking at short term blips at the onset of a long-term fix will always give “wrong track” results when it involves adversaries...Trump’s in it to win and going squishy because it all doesn’t just snap into place instantly and with zero short term consequences is not a winning strategy - it’s a strategy to continue on with zero positive effects or progress.
Give it another fiscal quarter and stop being such worry wart.
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