China cannot win the trade war with the US
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I have little doubt that the Chinese economy will be able to absorb any tariffs, the communist government will take remedial actions.
Trump(CF) meanwhile will simply repeat to the free world "Bear with"
wrote on 9 Apr 2025, 15:42 last edited by@AndyD said in China cannot win the trade war with the US:
I have little doubt that the Chinese economy will be able to absorb any tariffs, the communist government will take remedial actions.
Trump(CF) meanwhile will simply repeat to the free world "Bear with"
Ok, how will they absorb them and what effect will that have?
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wrote on 9 Apr 2025, 16:42 last edited by
https://www.nytimes.com/2025/04/09/business/trump-tariffs-china-factories.html
In a Storm of Tariffs, Many Companies See China as the Safest Harbor
The heavy U.S. tariffs on other Asian countries have made China a more appealing option for companies scared to make a hasty decision amid upheaval in global trade.
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wrote on 10 Apr 2025, 11:33 last edited by AndyD 4 Oct 2025, 12:10
After the monumental backdown of Trump(CF) I'm not even sure if your questions are relevant. He'll negotiate with China in some way.
But China can just sell their stuff cheaper to other countries (predicted for the UK soon) and source imports from places other than US.
China may struggle, but it has a huge domestic market, the communist regime will rubber stamp anything, and the people will bear-with. Long term:
https://www.independent.co.uk/asia/china/china-trump-tariffs-threat-response-b2729350.html
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wrote on 10 Apr 2025, 12:24 last edited by
I think you need to read some of TG's posts on the Chinese economy.
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wrote on 10 Apr 2025, 14:34 last edited by
Xi can say that an external aggressor is forcing the pain on them. I can see them getting down to rationing electricity.
We’ll sharpen the pitch forks if a Big Mac goes up a few bucks.
I agree China will feel more pain, the question is about pain tolerance.
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wrote on 10 Apr 2025, 18:26 last edited by
Ferguson on the topic, from the Honestly podcast:
“So I think here I disagree with some analysts. I think China has the upper hand in a game of mutually assured economic or financial destruction because we know from the events of 2020 that the Chinese can impose significant economic pain on their population and maintain complete social control. That is not the case for any elected president or congressman.”
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wrote on 10 Apr 2025, 18:27 last edited by
We’ve already seen that this week.
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wrote on 10 Apr 2025, 18:47 last edited by
Yep. China can win a war of pain tolerance.
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wrote on 10 Apr 2025, 18:54 last edited by
It's an old saw that nobody wins a trade war.
Obviously the increasingly stable genius believes otherwise. However, does anybody honestly believe that he's negotiating in good faith? The worst thing you can do in any negotiation is to lose people's trust - not the trust of your adversaries, but the trust of people who until very recently were allies.
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wrote on 11 Apr 2025, 10:38 last edited by
Tariffs on Chinese imports now at 145%.
China's tariffs on U.S. imports to reach 125%. -
wrote on 11 Apr 2025, 10:51 last edited by
The mar-al-lago virus is worse than the wuhan virus.
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wrote on 11 Apr 2025, 11:56 last edited by
We need a better brand for this. TRUMPVID-25?
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wrote on 11 Apr 2025, 13:54 last edited by
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wrote on 11 Apr 2025, 18:32 last edited by
@jon-nyc said in China cannot win the trade war with the US:
Unfortunately, the wrong approach if the words above are correct.
Better would be "both US and China agreeto discuss path forward that is beneficial for both countries."
Telling China to be the one to request a call will backfire.
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wrote on 11 Apr 2025, 18:53 last edited by
It did. He got crickets and another 41% tariff in return.
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wrote on 11 Apr 2025, 18:55 last edited by
@jon-nyc said in China cannot win the trade war with the US:
It did. He got crickets and another 41% tariff in return.
Indeed. Again, their lack of skill at implementing most everything and the communication thereof is just killing them.
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@jon-nyc said in China cannot win the trade war with the US:
It did. He got crickets and another 41% tariff in return.
Indeed. Again, their lack of skill at implementing most everything and the communication thereof is just killing them.
wrote on 11 Apr 2025, 20:49 last edited by@Mik said in China cannot win the trade war with the US:
@jon-nyc said in China cannot win the trade war with the US:
It did. He got crickets and another 41% tariff in return.
Indeed. Again, their lack of skill at implementing most everything and the communication thereof is just killing them.
The problem is that there is no communication. It’s quite something other. It goes hand in hand with hubris.
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wrote on 12 Apr 2025, 04:19 last edited by
The relationship between America and China has been damaged, as seen by China's polite oral response and not raising tariffs after the latest ridiculous US rise.
They're not like the Japanese (bow properly and be prepared to learn from anyone).
It all about humility and friendships and face. Once offended it's difficult to go back. Xi must have spent millions wiping his nicknames off the Internet. Now he's visiting Spain, Malaysia, Cambodia Vietnam. Pretty obvious why.
Trump(CF) needs a couple of people who really understand the Chinese to advise.
Don't ask me though, I've only been married to one for 33 years. -
wrote on 12 Apr 2025, 13:25 last edited by
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wrote on 12 Apr 2025, 16:19 last edited by
Oh the humility and understanding.
He must think he is the most perfect person to deal with the Chinese, and like Trump(CF), the most humble & diplomatic deal maker in any room.He may well be right about the Chinese government and its methods of course.