You're assuming Trump is fully rational and understands the potential fallout if his intimidation tactics fail, which is doubtful given our knowledge of his negotiation ability and past failures. In other words, he's unlikely to accept further concessions in contrast to Lighthizer and Mnuchin. Suicide bomber mentality indeed. Trump has self-defeatingly blown up deals in the past, and it's unclear whether he's even aware of his own defeat.
Trade War with China
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You're assuming Trump is fully rational and understands the potential fallout if his intimidation tactics fail, which is doubtful given our knowledge of his negotiation ability and past failures. In other words, he's unlikely to accept further concessions in contrast to Lighthizer and Mnuchin. Suicide bomber mentality indeed. Trump has self-defeatingly blown up deals in the past, and it's unclear whether he's even aware of his own defeat.
I swear to god Trump and cronies are profiting off the cycles. They wait till people get euphoric and hit us with bad news. It's very well done and requires experienced economists/psychologists to plan this shit out.
I fell for this shit 3 times in my life losing significant amount of dough. They do this on purpose to transfer wealth from the small shareholders to the large ones.
I fell for this shit 3 times in my life losing significant amount of dough. They do this on purpose to transfer wealth from the small shareholders to the large ones.
Sociopaths have a natural instinct for this sort of thing.
It's just like the bitcoin peaks and the last couple peaks before tariff announcements. They have very experienced people planning this.
They had to pass the STOCK Act in 2012 before it was actually legal to do insider trading for government officials. Even now the lines are not very clear.
Also forget about making China comply with Iran now.
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It is not a matter of whether Trump understands what he is doing, it is a matter of what his agenda really is. Not just Trump per se but the US powers-that-be are keen to maintain their domestic pecking order and grip on power which means both blaming others, preferably foreigners, for problems of their own making/handling as well as making life more difficult for the lower rungs of society so they can't afford to protest or rebel but fall in line instead. Trade war and even decoupling with China can serve both purposes. It is too soon to tell whether the US public and political system will be able to save themselves or whether they will completely succumb to this corruption, and how much of the cost the rest of the world will have to bear.
I am 95% sure Trump is not behind these decisions right now. This is too well planned out for him. He hit the market when people are all buying into the market every time and got it right every time. I even suspect they're trying to buy out the Chinese market as well.
But it's markets are crucially needed by US companies to maintain the Wall Street numbers ticking. US needs Chinese markets a lot while China is slowly decreasing the need for the US markets.
If it was 2010 your point would have had some merit. But now? Bad timing dude. China has grown a wee bit too much to be seen as just an exporter economy.
Dude what’s up with this inane Washington cheerleading??
China just proved America had no choice by threatening to cut off negotiations.
Face the reality of the situation.
Yeah, Chinese stocks also took a (much smaller) hit, but they represent 1% of GDP, not almost 100% of it.
If none of the goods are “crucially needed”, why are they constantly negotiating for unfair advantages in getting those goods? Why are they paying China more than China pays them? And why don’t they do like China has done, i.e. prepare to cut off negotiation?
Literally any country can plant stuff, it takes skill, infrastructure to make machinery and high end components. Just ask Tesla who is trying to get waivers.
Jura The idiot
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