American Economics Thread

[voyager1]

Trade Reps from both US - China are formally talking again with the US calling for balanced trade relations.

They can keep talking for all the time they want.

And what does "balanced trade relations" means?

China wants to buy US products but the US is increasingly blocking selling these goods to China. So why does US complain that China doesn't buy enough from it?

At the end it doesn't matter though. The whole tech ecosystem will be eventually "Made in China" so the US can say goodbye to these exports

 

[manqiangrexue]

And what does "balanced trade relations" means?

Means the end score's gotta be the same no matter what each side can offer. This is basically the parents association of a prick high school insisting that their kids' school basketball team needs to be able to at least tie with the Miami Heat or the game's somehow unfair.

 

[Kancil]

Trade Reps from both US - China are formally talking again with the US calling for balanced trade relations.

Basically demanding more concessions from China.

Let's see what price Uncle Sam has to pay for China's help in holding down the coming inflation. Hope the Chinese can exact their pound of flesh. The Chinese have to make sure that Uncle Sam is strategically neutered this time.

 

[crash8pilot]

The Chinese have to make sure that Uncle Sam is strategically neutered this time.

Sounds like a ball-busting/nut-crushing task!

I'm sure Yang Jiechi is up to the task once again though

https://twitter.com/i/web/status/1403322681957568513

 

[Phead128]

Biden is likely going to accept watered down promises from China, if his negotiations skills with Republicans over infrastructure bill is any clue.

Biden starts with mediocre offer and waters it down even more just to get it passed.

 

[voyager1]

Biden is likely going to accept watered down promises from China, if his negotiations skills with Republicans over infrastructure bill is any clue.

Biden starts with mediocre offer and waters it down even more just to get it passed.

Their talks broke down with the GOP, we will see if he tries another time or just go alone (very unlikely, Democrats are not that united)

 

[hashtagpls]

If there's no mandate ie anything Biden promise won't be passed by a divided Congress, what's even the point of negotiating with Biden?
so that he doesn't sanction more Chinese companies? Individuals?
Sure, go right ahead, and now that china's anti sanctions law has been passed, let's see how many american corporations want to bankrupt themselves toeing the natsec line.

In any case, time's running out for the USG; Blinken's gonna have to swallow his pride and find the israeli within himself to bow and kowtow to China for inflation relief:

 

[siegecrossbow]

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[Tyler]

Biden is likely going to accept watered down promises from China, if his negotiations skills with Republicans over infrastructure bill is any clue.

Biden starts with mediocre offer and waters it down even more just to get it passed.

When will China raise the RMB value?

 

[emblem21]

When will China raise the RMB value?

At the best possible time to inflict maximum damage of course and also when the USA no longer has anything of value to trade other then toilet paper. Once the inflation goes hyper nuclear in the USA and we have hyperinflation, well anything will be better then the dollar then and since the USA is printing trillions without any intention of paying that back, it will be a matter of when not if.