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7 comment(s). Last comment by joetay7 2019-05-11 20:56
Posted by qqq3 > 2019-05-10 12:28 | Report Abuse
if america wants to penalise Chinese goods leaving China now....China can also penalise American goods leaving America now.......
no warning one...designed for maximum disruption.
Posted by calvintaneng > 2019-05-10 12:30 | Report Abuse
MARKET ALREADY PRICED IN THIS NON EVENT
TRUMP NEEDS TO BE ELECTED AS PRESIDENT FOR SECOND TERM
HE WILL SURE GET THIS SETTLED IN WIN WIN WAY EVENTUALLY
IF FAILED?
TRUMP ALSO FINISHED!!
Posted by ks55 > 2019-05-10 14:48 | Report Abuse
Tariffs paid by importers.
Can US get alternative source of supplies?
If NO, means US importers still have to buy from China for the time being.
25% import tax will be foot by the end users.
May take another one or two years to phase out imports from China.
During this period, what China should do?
1. Devalue RMB to trap all US investment so not easy for them to move out capital.
2. Impose capital control, but that may be reciprocal action by US.
3. Selling US Treasury, with devaluation, can bring back more in terms of RMB.
4. To limit tourist/ students visiting/ study in US.
5. Move excess production capacity to friendly countries in SEA, Africa and South America.
6. Open up new markets in Asia, Africa and South America with discounted pricing to squeeze out US products.
7. Develop domestic demand further. 1.4 billion population can be self-sustain market for at least three quarters countries' output.
8. Restrain US companies expansion and involvement in certain sector compltely.
9. Stop all strategic war material export to US. That is to include mobile phone battery, rare earth minerals, any products highly dependent upon China manufacturers.
Posted by OPMS > 2019-05-10 14:51 | Report Abuse
let all stock pullback, I'm waiting...
No result.
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Posted by kingcobra > 2019-05-10 11:23 | Report Abuse
GOOD JOB! let the tensions between US-CHINA continues........