Trump Plans to Withdrawal From China Shipping Treaty

10/17/2018 | Justin Sink

[SpeedyInTexas]

link only: https://www.bloomberg.com/news/articles/2018-10-17/trump-is-said-to-plan-withdrawal-from-china-shipping-treaty?srnd=premium

[gnarledmaw]

Inept...

You dont suppose that some portion of that $170 million equivalent finds its way into someones pocket? Couldnt be.

[Dutch Boy]

I always wondered why when I sent a package to my in-laws in China that it was much more than when they send a package to us. Now I know.

[Buckeye McFrog]

I guess eBay won’t be shipping me weird packages from China anymore.

[TigerHawk]

Great Heads Up! Thank you.
All a matter of Character. The American Character, which has been lacking in American presidents of late.
Co-operative self-interest, reasonableness, integrity, and the courage to go it alone if necessary. The “BALZ Principles”. Gotta have ‘em to not wind up on the wrong side of “Do or Die”. Anybody ever associate Obama, Bush, Clinton, or Bush, with “BALZ”? (Sorry, Ladies, this is not in any way sexist, just a healthy breath of clean, fresh, Toxic Masculinity.)

PDJT is a good man, a good American, and is endowed with so much Toxic Masculinity, that I’m surprised he can walk!!!
(Nancy Pelosi, will soon point out that St.FDR, could not!)

[Redwood71]

“Sounds like PDJT is running the country like a business.”

And that’s why many voted for him, like I did, over a career politician that tries to placate foreign nations rather than make sure we don’t get hurt further. Or has everyone forgot what happened at Benghazi?

The most successful politicians are those that have been governor of a state and have experience in running something. Trump has run multi-billion dollar business so is far more qualified that a career politician. And he’s got a pair!!

rwood

[rlmorel]

Good post. Good Thread.

Good President.

[Jumper]

Remind her those fellow travelers in the EU pay 50% to 70% of their wages pretax to their respective home country governments - and remind her also that they pay an additional Value Added Tax of 17-21% to their respective home country governments on the take home pay. So take someone in The Netherlands or Belgium where I both lived; 50% pre tax up to 60K Euros, and then 18% VAT on what is leftover.... Add some 2 Euro liter gas or diesel car and not much left for disposable income.

What is the difference between cleaning toilets in the EU for 50K w/50% payroll tax a year, and doctor making 100K Euros at 70% payroll tax - it is literally about 5K Euros; of course you get to contribute to your community as doctor with free education and healthcare, but you make only 5K more. There is no incentive, thus no productivity. The kings and queens and royals remain, the moots and castles are gone, but the surfs remain indentured to their respective country.

Without healthy capitalist, there can be no real advancements for mankind because the political Klass and Owners inside socialism and communism enrich themselves while the surf waits in line.... toilet paper, healthcare, and they can't afford a pizza, microwave oven, coffee pot or electric skillet.

[BeauBo]

The infrastructure of policies and incentives that was built over a long time to give China advantages, is being pulled out a lot quicker than it went in.

The re-adjustment is going to be more rapid. And then 25% tariffs will be piled on top.

Communist China at the end of 2019 is going to be in a very different condition than on January 1st.

2019 is the year.

[Buckeye McFrog]

Communist China at the end of 2019 is going to be in a very different condition than on January 1st.

I always wondered what it would look like if 1.3 billion people staged a riot.