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7 comment(s). Last comment by Junichiro 2019-06-27 16:41
Posted by Icon8888 > 2019-06-27 16:12 | Report Abuse
I don't understand why trump thinks china will surrender just because he threaten to impose tariff on another 300 bil china export to US
China has GDP of USD14,000 billion
300 billion divided by 14,000 billion = 2%
It will only affect 2% of China's GDP, why would China surrender to accommodate US ?
Americans got poor Maths, I guess
Posted by Junichiro > 2019-06-27 16:23 | Report Abuse
Mnuchin‘s comment that China trade deal is 90% complete is bullshit. DT is asking for total agreement on DT's terms. China has said it means a dismantling of the government.
It is the same as the Plaza Accord which decimated Japan's economy. On the top of raising USD/JPY exchange rate, Japan was forced to share its semiconductor secrets with US companies.
If there is no compromise on the US side, nothing will come out of it.
Posted by Wondermama > 2019-06-27 16:25 | Report Abuse
China will wait to hear plan B before giving in....
Posted by Junichiro > 2019-06-27 16:37 | Report Abuse
DT will try his usual tricks. DT will insists on China buying his soyabeans while the truce is going on. DT knows that his farmers are hit by a hurricane n would resort to trickery to buy time.
"And while the White House statement said China had agreed to immediately restart agricultural purchases, there was no such commitment in the Chinese version." from SCMP today
Posted by king36 > 2019-06-27 16:38 | Report Abuse
Posted by Icon8888 > Jun 27, 2019 4:12 PM | Report Abuse
I don't understand why trump thinks china will surrender just because he threaten to impose tariff on another 300 bil china export to US
China has GDP of USD14,000 billion
300 billion divided by 14,000 billion = 2%
It will only affect 2% of China's GDP, why would China surrender to accommodate US ?
Americans got poor Maths, I guess.
1. Google's CEO Had to Explain to Congress Why Searching for 'Idiot' Shows Donald Trump
2.Trump was know by his teacher as "DUMBEST GODDAM STUDENT I EVER HAD"!!!!!......
YET, this idiot thinks he is a GENIUS and the best President American ever had...
He is bent on manipulating facts to please his equally stupid audience.
You know what they say? Genius has its limit. Stupidity doesn't.
Don't challenge us. We are idiots!
Let him says what he wants.... The proof of the pudding is in its eating.
Posted by Junichiro > 2019-06-27 16:41 | Report Abuse
For DT, each time he negotiate with China, China has to start buying his soyabeans irrespective of whether a deal is made. This time around, there is no such commitment issued by China.
No result.
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CS Tan
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
kingcobra
2,772 posts
Posted by kingcobra > 2019-06-27 16:09 | Report Abuse
CARRY ON WITH YOUR TRADE WAR AGAINST CHINA TRUMPET...nobody can stop u!