Yes consumer pay it. However it also means US purchased less from China and some company move their factories from China to elsewhere. There is no winner in trade war but US is major China export
Trade War with China
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solarz
Brigadier
At the same time, there will be US companies who open up factories in China to avoid Chinese tariffs. I.E. Tesla.
The thing with tariffs is that it's like a dam: it's only effective up to a certain point. The factors that are driving trade is still there, and people will try to circumvent the tariffs before taking their business elsewhere.
Not sure how u circumvent tariffs. The fact is china sell more then they buy that put them in a disadvantage. Trump seem willing to tax consumer just to drive some manufacturers out of china.
solarz
Brigadier
Plenty of ways to circumvent tariffs.
China sells more *now*, doesn't mean that they still will 5-10 years down the road.
This is the mistake most people who are not familiar with China make, they think what China is like right now will be what China is like in the future.
If, instead of looking at a data point, you looked at the trend, you will clearly see that Chinese consumption is ramping up.
There's a reason Elon Musk decided to build a factory in Shanghai.
Yes one guy build factory hasn't built yet and it's small compare to trade. The trade war is now not in the future. Trump don't care about 5 10 yrs he won't be the potus by then
solarz
Brigadier
The trade war only matters in so far as what its effects are for US-China relations going forward. Economically, it has been a blip on the Chinese economic radar.
Hendrik_2000
Lieutenant General
Good article
No more concessions’: Why is China playing hardball in trade war talks with the United States?
By KINLING LO | SOUTH CHINA MORNING POST, WENDY WU | SOUTH CHINA MORNING POST and TEDDY NG I SOUTH CHINA MORNING POST
05/07/2019 08:41 AM EDT
This story is being published by POLITICO as part of a content partnership with the South China Morning Post. It originally appeared on on May 7, 2019.
Chinese Vice-Premier Liu He will go to the United States on Thursday to continue trade negotiations, the Ministry of Commerce said on Tuesday.
The trip, scheduled for two days, is shorter than expected. The South China Morning Post reported on Monday that Liu was preparing for the trip.
The trip comes as uncertainty hangs over the negotiations after U.S. President Donald Trump’s announcement that he would increase punitive tariffs on $200 billion worth of Chinese products from 10 percent to 25 percent.
amid Chinese state media reports that Beijing will not respond to Trump’s threats with concessions.
In a commentary published on its WeChat account on Tuesday, People’s Daily warned the U.S. to “not even think about” concessions.
“When things are unfavourable to us, no matter how you ask, we will not take any step back. Do not even think about it,” the commentary said.
The article was first published through Taoran Notes, a social media account used by Beijing to signal the leadership’s thinking and manage domestic expectations.
By signing up you agree to receive email newsletters or alerts from POLITICO. You can unsubscribe at any time.
It is the first official Chinese opinion piece since Trump went on Twitter to announce the tariff increases because the trade talks were going “too slowly” for his liking.
Until Trump’s escalation, Washington had described the talks as “constructive”, adding they were close to a deal in the year-long war.
Sources said President Xi Jinping earlier vetoed extra concessions proposed by his negotiators. “Xi told them ‘I’ll be responsible for all possible consequences’,” one of the sources said.
Chinese negotiators subsequently presented a tougher proposal to Washington, although it is not clear if they pitched an amended proposal to Xi after the latest round of talks in Beijing last week.
Shanghai-based political analyst Chen Daoyin said that from China’s perspective, the nation that had the will and power to stay firm until the last moment would remain standing.
“President Xi and his administration have a very firm stand, showing no signs of backing off in the face of challenges,” Chen said. “Xi’s Chinese dream to make a stronger nation has also limited his team’s ability and flexibility to handle external issues.”
He also said that the focus of the Politburo, the country’s top decision-making body, had changed in the last two months, with less attention on the nation’s economic situation.
“The latest Politburo meeting did not focus on economic stabilisation as it had done in February. Leaders may feel the impact of tariffs on China’s economy is not as grave as expected,” Chen said.
No more concessions’: Why is China playing hardball in trade war talks with the United States?
By KINLING LO | SOUTH CHINA MORNING POST, WENDY WU | SOUTH CHINA MORNING POST and TEDDY NG I SOUTH CHINA MORNING POST
05/07/2019 08:41 AM EDT
This story is being published by POLITICO as part of a content partnership with the South China Morning Post. It originally appeared on on May 7, 2019.
Chinese Vice-Premier Liu He will go to the United States on Thursday to continue trade negotiations, the Ministry of Commerce said on Tuesday.
The trip, scheduled for two days, is shorter than expected. The South China Morning Post reported on Monday that Liu was preparing for the trip.
The trip comes as uncertainty hangs over the negotiations after U.S. President Donald Trump’s announcement that he would increase punitive tariffs on $200 billion worth of Chinese products from 10 percent to 25 percent.
amid Chinese state media reports that Beijing will not respond to Trump’s threats with concessions.
In a commentary published on its WeChat account on Tuesday, People’s Daily warned the U.S. to “not even think about” concessions.
“When things are unfavourable to us, no matter how you ask, we will not take any step back. Do not even think about it,” the commentary said.
The article was first published through Taoran Notes, a social media account used by Beijing to signal the leadership’s thinking and manage domestic expectations.
By signing up you agree to receive email newsletters or alerts from POLITICO. You can unsubscribe at any time.
It is the first official Chinese opinion piece since Trump went on Twitter to announce the tariff increases because the trade talks were going “too slowly” for his liking.
Until Trump’s escalation, Washington had described the talks as “constructive”, adding they were close to a deal in the year-long war.
Sources said President Xi Jinping earlier vetoed extra concessions proposed by his negotiators. “Xi told them ‘I’ll be responsible for all possible consequences’,” one of the sources said.
Chinese negotiators subsequently presented a tougher proposal to Washington, although it is not clear if they pitched an amended proposal to Xi after the latest round of talks in Beijing last week.
Shanghai-based political analyst Chen Daoyin said that from China’s perspective, the nation that had the will and power to stay firm until the last moment would remain standing.
“President Xi and his administration have a very firm stand, showing no signs of backing off in the face of challenges,” Chen said. “Xi’s Chinese dream to make a stronger nation has also limited his team’s ability and flexibility to handle external issues.”
He also said that the focus of the Politburo, the country’s top decision-making body, had changed in the last two months, with less attention on the nation’s economic situation.
“The latest Politburo meeting did not focus on economic stabilisation as it had done in February. Leaders may feel the impact of tariffs on China’s economy is not as grave as expected,” Chen said.
Jura The idiot
General
Jura The idiot
General
now noticed the tweet
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: Chinese Vice Premier Liu He to visit the US on May 9-10 for the 11th round of trade talks at the invitation of US Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin: MOC
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: Chinese Vice Premier Liu He to visit the US on May 9-10 for the 11th round of trade talks at the invitation of US Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin: MOC
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