Almost everyone can see China is not going to give way to Trump in this trade war. I hope Trump also manage to see what most others could see, unless he cannot accept this reality. Trump is having a dilemma. If he withdraw from this trade war, US votes will see his weakness and he will lose 2020 election. If he continues to fight, US won't win too and global economy will be dragged to recession in 2020, and he will certainly lose 2020 election.
What should Trump do now in this trade war ? He probably has 2 options : I) He must do something very very crazy and damaging to get China to bow. I personally can't think of any except trigger a physical war with China but that is unlikely and really very very crazy. ii) He should secretly talk to Chairman Xi to get a consensus and get a much less favourable trade deal, and then declare a "win" for USA to save face, and then focus on his election campaign.
Moron Trump must rescind all tariffs imposed on China products to end the war. The onus is with Trump who declare the war first. Beijing is not a small potato anymore easily bullied. wakaka
If Trump doesn't do the above 2 options, but just keeps escalating the tariff threat just like he has been doing in past 1.5 years. He can practically kiss his 2020 presidency goodbye.
osted by value88 > Aug 26, 2019 1:33 PM | Report Abuse
ii) He should secretly talk to Chairman Xi to get a consensus and get a much less favourable trade deal, and then declare a "win" for USA to save face, and then focus on his election campaign. ========
no chance...I see Trump will double down....that is the real Trump.....
No worry there is no war. US has no more money to fight a war with Menglembu
Let alone china
I) He must do something very very crazy and damaging to get China to bow. I personally can't think of any except trigger a physical war with China but that is unlikely and really very very crazy.
Trump will change tone from bully to victim. Drama queen always great at wayang....He'll try to portray China as greatest external threat, or bogeyman which US must counter strongly. Same modus as what our nation politics always picture others as threat to Muslim race, religion, royalty. many innocent easily bluffed anyway. wakaka
As of China latest response: https://www.reuters.com/article/us-usa-trade-china/china-says-wants-calm-resolution-to-u-s-trade-war-idUSKCN1VG03C?feedType=RSS&feedName=topNews Chinese state media on Monday blasted the United States. The official China Daily said in an editorial that Washington would “never be allowed to control China’s fate”. “It has become unquestionably clear that his administration’s tariff war against China is politically motivated. What Washington wants from its largest trade partner is for it to be content to play second fiddle and meekly do as it demands,” the English-language paper wrote in an editorial. “Washington has again taken the initiative to escalate the fight in the hope that Beijing will throw in the sponge as early as possible. But Beijing regards the trade war as an unavoidable trial by fire, from which the country will emerge stronger.” The Global Times, a widely-read tabloid published by the ruling Communist Party’s official People’s Daily, said leaving the Chinese market would be “suicide” for U.S. companies, especially for auto firms. “U.S. companies are welcome to invest and operate in the Chinese market, but if some U.S. companies want to obey Trump’s order and join Washington’s trade war, the result is bleak. A decision to give up the Chinese market is just suicide,” the paper said in its editorial.
Yeah, I also don't think a US-China physical war can happen. That is too much to lose for US. What US may do is to trigger a war between China and other countries, for example, Taiwan or India and he "help" other parties.
Trump is indeed doomed if he just keeps doing what he has been doing in US-China trade war. I can see his face looked so sad on TV throughout G7 meeting. As what Albert Einstein had said: if one keeps doing the same thing and expect different outcome, he/she must be insane.
Posted by Icon8888 > Aug 26, 2019 1:41 PM | Report Abuse
No worry there is no war. US has no more money to fight a war with Menglembu
Let alone china
Posted by Icon8888 > Aug 26, 2019 2:13 PM | Report Abuse
,data showed massive business failure in China ,5 millions of them shut down for last year alone,chinese currency continues to devalue ,weaken day by day, foreign reserve already dried up, massive inflation in food sector in China,property market crashed. China wins in trade war , how ridiculous. Did you see anything like this in US,? none is the answer.
Root of the Trade war happened is bcos of trade btw USA & China. So one of solution, is trade divorce by imposing high traffic among them. It is only short term pain.
After that, world financial market would be calm and less voliatile. As day go by... Investor would be happy with 2 different market (ie Western & China). They are no longer depandant. By then, whatever us impose on China or vice versa, would not have impact on financial impact.
So Trade War may be bad for short term, but good for long term.....
why ?,i am just stating the fact, perfectly normal state of mind.and you , brained washed and sick, putting out incorrect info ,just to satisfy your irrational ego.
Posted by enning22 > Aug 27, 2019 11:28 AM | Report Abuse
why ?,i am just stating the fact, perfectly normal state of mind.and you , brained washed and sick, putting out incorrect info ,just to satisfy your irrational ego.
i don't see you provide any fact about economic conditions ,just SPECULATIVE personality attack, those insinuations served no purpose in economic analysis or discussion.
Orange Juice > Aug 27, 2019 12:22 PM | Report Abuse
Answer : Exactly! Even Xi don't want to send his child to chinese university! You see how baloney this anti white argument is!
==========
Xi's only child is a Harvard graduate, his father killed by the Red Guards.............and now he is Emperor of China....a good and competent emperor..............
XI himself is a US graduate. They want to learn ideas of the West and adapt the good ones to the betterment of China. They do not follow the West blindly. China itself does not practise the original communism of Marx. It is a hybrid of capitalism n communism. The hybrid system that makes all its citizens well to do.
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....
calvintaneng
56,606 posts
Posted by calvintaneng > 2019-08-26 13:25 | Report Abuse
TRUMP'S TIME IS RUNNING OUT
ELECTION FOR 2ND TERM JUST NEXT YEAR IN 2020
IF TRUMP DON'T GET THINGS SORTED OUT SOON ON TRADE WAR?
SAY BYE BYE TO HIS 2ND TERM PRESIDENCY!!!
SO TRUMP WILL DO SOMETHING