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China’s Annual Trade Surplus With U.S. Hits Record Despite Trump’s Tariff Offensive
DerekJohnson
Administrator, Swaye's Wigwam Posts: 69,843
in Tug Tavern
Comments
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Tariffs work.
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I’m shocked importers bought product before the price increased. Shocked.
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Hondo, rooting for the away team
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https://www.businessinsider.com/chinese-economy-shipping-data-points-to-slowdown-morgan-stanley-says-2019-12001400ex said:Tariffs work.
We have a higher surplus because China's economy is heading towards the shitter.
I know Trump has mentioned the surplus before, but the main reason for the tariffs has to do with intellectual property theft. China continues to downplay it, and will not seriously address it. Until China does, the tariffs will continue.
And if the US goal was to put pressure on the Chinese economy, then the tariffs are in fact working
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Why don’t you punch yourself in the balls repeatedly until China addresses intellectual property theft? Got to be as effective a strategy as trump’s tariffs.greenblood said:
https://www.businessinsider.com/chinese-economy-shipping-data-points-to-slowdown-morgan-stanley-says-2019-12001400ex said:Tariffs work.
We have a higher surplus because China's economy is heading towards the shitter.
I know Trump has mentioned the surplus before, but the main reason for the tariffs has to do with intellectual property theft. China continues to downplay it, and will not seriously address it. Until China does, the tariffs will continue. -
Unless you're Chinese, we? have a deficit.greenblood said:
https://www.businessinsider.com/chinese-economy-shipping-data-points-to-slowdown-morgan-stanley-says-2019-12001400ex said:Tariffs work.
We have a higher surplus because China's economy is heading towards the shitter.
I know Trump has mentioned the surplus before, but the main reason for the tariffs has to do with intellectual property theft. China continues to downplay it, and will not seriously address it. Until China does, the tariffs will continue.
And if the US goal was to put pressure on the Chinese economy, then the tariffs are in fact working -
Trade wars are good and easy to win!
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You know what I meant...UWhuskytskeet said:
Unless you're Chinese, we? have a deficit.greenblood said:
https://www.businessinsider.com/chinese-economy-shipping-data-points-to-slowdown-morgan-stanley-says-2019-12001400ex said:Tariffs work.
We have a higher surplus because China's economy is heading towards the shitter.
I know Trump has mentioned the surplus before, but the main reason for the tariffs has to do with intellectual property theft. China continues to downplay it, and will not seriously address it. Until China does, the tariffs will continue.
And if the US goal was to put pressure on the Chinese economy, then the tariffs are in fact working
Surplus/deficit are meaningless in the grand scheme of trade. They send more stuff to us because they make cheap shit and it provides a benefit to our economy. In a free market, there are gains and minuses, but they why the get the surplus is the problem. It hurts our? economy and the rest of the world when they use intellectual property theft to be able to sell cheap shit without making the R&D investments that other countries have to make. -
How much did we collect in tariffs?
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Trade war = hurts us a little, hurts the Chinese a lot, hurts the CCP the most
American supply chains were already headed to other cheaper, less developed markets, this has only sped the transition.
Their surplus is booming specifically bc Chinese Consumer Confidence has taken a nose dive according to most sources not called the People's Daily.
The quicker we can bring down that particular regime the better. The CCP has used the "Chinese Miracle" and "Stability" as justification for staying in power. The trade war is quickly eroding those claims. Presitator for life Xi is already being criticized for "losing America". A few years ago criticizing Xi was a fast track to a "corruption" charge. Now it's being done openly.
Fuck the CCP, the world will be a much better place for free trade and for everyone including the Chinese People if that particular authoritarian regime is ended and we see something closer to Taiwan's Republic of China become installed in mainland China.







