AssassinsMace
Lieutenant General
Won? They were both awful. China has nothing to fear from a 45% tariff. All those US corporations that outsource pay the tariff not China. The US will shoot itself in the foot.
Chinese Economics Thread
- Thread starter Norfolk
- Start date
hmm, you seems to think Trump is a maniac rather than a successful businessman who know how all these things work and know what he can and cannot.
You need to look at the track records of all U.S. president in the past several decades since Ronald Regan regarding their tough election words and their actual acts related to China after entering the white house. They use their first term to backstep their tough stance, then began to improve the relationship in the second term. I don't think we will see anything different this time, neither Clinton nor Trump.
plawolf
Lieutenant General
Having listened to the debates, I'm shocked to find myself liking Trump's foreign policy direction far more than Hillary's.
Trump seems open, even keen to co-operate with Russia and China to achieve goals.
Hillary talks like a Global Tyrant who wants to beat everyone who doesn't ask 'how high' when she shouts 'jump!' into submission. Which is pretty much the same superior entitled complex Obama suffers from that so poisoned Sino-US relations.
Trump seems open, even keen to co-operate with Russia and China to achieve goals.
Hillary talks like a Global Tyrant who wants to beat everyone who doesn't ask 'how high' when she shouts 'jump!' into submission. Which is pretty much the same superior entitled complex Obama suffers from that so poisoned Sino-US relations.
about WTO,TTP and 45% tariff on China, entire Asia.
WTO, no Trump won't destroy it as WTO still benefit US in the foreseeable future. A businessman will not burn his own business.
45% tariff on China, no, so long as US want to play the game in WTO which is certain as I said above.
TPP, yes, possibly to very likely, because it still have very strong domestic oppositions in US. And it is not ratified, so it could be a stillborn.
Asia (I think you only meant East and Southeast) has lived pretty well without TPP till today, it won't be worse without TPP. If entire Asia is going down, the world will be going down with it because the size of Asian economy (China + Japan + SK + ASEAN + ...) within the world.
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I don't need to look at track record. Trump is one of kind.
Alot of Americans willing to look past Trump character and moral issues. Why? They need to get some one crazy enough to do the "dirty work" or turn over everything.
NAFTA, WTO... everything.
The entire Asia is going to go down in smoke.
solarz
Brigadier
Trump or Hillary, it makes no difference. The election is just a dog and pony show.
Hillary is going to continue the American "Manifest Destiny" foreign policy. Trump will do the same, despite whatever he says in the campaign.
Just look at Obama, and everything he promised during his election campaign. They even gave him a Nobel Peace Prize before he even did anything, so certain were they that Obama was going to stop all those wars from the Bush era.
Now look at what we have in 2016: the US is still fighting in both Iraq and Afghanistan, only now we've added Libya and Syria to the list of failed states.
Hillary is going to continue the American "Manifest Destiny" foreign policy. Trump will do the same, despite whatever he says in the campaign.
Just look at Obama, and everything he promised during his election campaign. They even gave him a Nobel Peace Prize before he even did anything, so certain were they that Obama was going to stop all those wars from the Bush era.
Now look at what we have in 2016: the US is still fighting in both Iraq and Afghanistan, only now we've added Libya and Syria to the list of failed states.
AssassinsMace
Lieutenant General
The US cannot sneak in a 45% tariff for a smooth transition. This will hit more US companies that outsource. Their overseas investments will a take fast and hard hit. Then they have to setup manufacturing in another country or even the US that's if they survive the transition. How long will that take to setup manufacturing in another place? How much will that cost? Stocks plunge because literally no sales and production in the meantime. That's call not surviving because foreign competitor's will pounce and takeover market share in the meantime. Then added to that China will not buy American products. Down goes Boeing. Down goes GM. Down goes Apple. That's why the 45% tariff will never happen.
antiterror13
Brigadier
Just a talk during the campaign ....
Equation
Lieutenant General
I don't need to look at track record. Trump is one of kind.
Alot of Americans willing to look past Trump character and moral issues. Why? They need to get some one crazy enough to do the "dirty work" or turn over everything.
NAFTA, WTO... everything.
The entire Asia is going to go down in smoke.[/QUOTE]
Trump is a talker, not a walker. He's no Mao or Deng Xiaoping to turn around a depleted nation. He just says anything to appease the ears of those super hater of anything Hillary or Obama.
At this point, Trump is adopting Zero Sum economic policy proposed by economic professor like peter navarro. It's a Beggar thy Neighbor Policy. They know it will affect US itself negatively but they figure it's going to hurt China more. By hurting China, US can stay at the top longer. Cut down China economically is Obama policy too. It's Not business as usual as his previous admins. That's the common theme. Obama admin has launched the most WTO complaints , and anti-dumping tariffs against China more than any previous admin. Bar None. I wouldn't be surprise if next president will try to do more .
From China perspective, it should prepare for the heavy tariff and look at it as an opportunity.
Becoming more Indegenious innovative,
China had to support alot of US allies like japan, South Korea, Singapore, Australia, and Taiwan and it's becomiing a burden. Trump initiated tariffs will make China ditch those countries economically above. And refocus toward one belt one road with countires westward.
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