he thought the world's largest economy would lose a trade war
He thought the world's largest economy would lose a trade war
Even more importantly, a consumer economy. We are 40% of the world's spending. Of course we have all of the leverage. We literally don't have to buy their shit lol.
You might loose your world currency status this year though. lol.
But if you don't buy their shit you're no longer 40% of the world's spending
To who? BRICS almost just imploded due to a jeet slap fight. BRICS is a bunch of retarded thirdies who China can't wrangle into a comprehensive economic system.
Please sers buy my knockoff Gucci bags
China doesn't need the USA
USA is a used up whore
trump blinked and bent the knee
lmao poor desperate lefties
trump rules
When has Trump ever laughed like this? Was this taken that time when someone in his audience called Hillary a dog?
Most people on here genuinely do not understand this. I don't know whether it's because they consume too much mainstream media propaganda or just low IQ but they actually think China can just go and sell stuff elsewhere. Like brown people have the disposable income to spend trillions on slop like Americans do.
There are loads of countries producing cheap slop, and eventually India will overtake China in that respect. You're already seeing production move to places like Vietnam and India because they already have the factories. The only way China maintains its position is by artificially weakening its currency. It's such an asymmetrical trade war that it's mind-boggling how so many seemingly educated people can have such stupid takes.
What's more, America is coming out of this with higher tariffs on China than are reciprocated, which is a clear expression of the balance of power - China being unable to afford a tit-for-tat tariff war - and yet all you read anywhere is that this is a "win" for China. it's amazing how having derangement over the orange retard makes people disconnected from reality.
according to the internets we account for 15% of china's exports.
while that's not insignificant, it's also not enough for them to care if we fuck off.
no one needs or wants to buy americrap either anon, especially now that you'll have to hike the price up to make up for the tariffs lmao. There's almost nothing produced entirely in the US outside of foodstuff.
This "cheap slop" narrative is so annoying. Where are you going to go for rare earths, batteries, solar panels, transformers etc? China. They make loads of high end industrial goods.
that stuff was already tariffed to hell
the only stuff that's going up in price at the current rate is literally the cheap slop.
US is fcked anon you're a moron who doesn't know what US even does you buy stuff other people make slap a label on it and resale for 5x.
there's going to be a huge reduction in US products that will take effect in q2.
we have a higher tax we are better.
its not the own you think it is
The USA is China's single biggest export market. It's almost the same size as the entire EU is to China.
1) All of that stuff is slop. You don't need plastic gadgets sold at 10x markup, you really don't. And even if you believe you do, it is rather low IQ to allow a geo-political rival to control a monopoly on manufacturing.
2) China controls the rare earth mining market because the CCP makes it unprofitable for anyone else to mine it. America could do the same thing, instead of printing money for kikes, print money to pay miners in friendly nations to mine the stuff cost effectively. In such a contest of state-sponsored mining, America would win as the dollar is much more robust.
Your side's arguments really do amount to little more than wanting to protect the geopolitical status quo because it enables you to consoom product cheaply. It just highlights how dangerous consoomers are to a society.
Are you 12 years old? The USA got where it is by being the strongest industrial base in the world. Fucking cretin. Funny how the empire started collapsing only when it starting outsourcing its industries to make kikes richer.
We went from
hahaha china put tariffs on america haha owned
to
its not the own you think it is that a foreign country is forced to accept operating at an economic disadvantage
Basically in the tiny brain of the liberal consoomer, when China enacts tariffs America is owned, when American enacts tariffs America is owned. China can do no wrong. That's really the mental illness underneath the veneer of economic ignorance.
My region (the EU) enacts tariffs on outside imports, as a protectionist policy. It forces non-EU countries to operate at a competitive disadvantage in the EU. It's interesting how liberals suddenly stop understanding how and why tariffs work when it comes to the orange hitler.
How's Liberation Day going lol.
So what was the ultimate aim of the tariffs?
whatever retroactive cope I’m able to come up with when it’s all said and done
some japanese faggots that are not part of the plan don't need to know the details of this plan. but carry on thinking you are very smart
The euro is the only contender. It's a race to the bottom, nobody liked the euro before the orange retard started the losing trust and alienating every ally speedrun any%, and now it seems like a great option compared to the shitshow that the USD became. Uncertainty about the dollar is just too high, at this point I would rather hold the rukish lira even
nobody likes the euro now either, you donkey. what's there to like about it? a welfare commie bloc's currency
China won after Trump folded true
miga shills calling people on the right of them leftists
I cannot wait for the total hyperinflation of the dollar.
the world needs man made symbols on man made paper more then real products
Mutt delusion
Rome didn't collapse in a day
didnt orange man litcherally just sign a rare earth excloosive rights mineral deal with THE ukraine?
What's more, America is coming out of this with higher tariffs on China than are reciprocated
Tariffs are not the goal of a trade war. You can raise tariffs any time, there's nothing stopping you because it is a tax imposed upon your own importers.
right which causes companies to invest in US instead of abroad
thanks for making orange mans point for him
gg no re
Nobody is actually moving their manufacturing yet. It would be insane to do so while negotiations are still underway. The companies that announced new plants and shit already had plans to do so and were announcing them for PR points.
intense liberal / chinese cope that is easily disprovable
kek
We didn't win also. Only shart our pants and now world is distrusting us and laugh
or just low IQ
only high IQ can't fit all thoughts in one post
lol lmaos even
India will overtake China
Oh hello Ramej! Good mornign saar
Try to make sense the next time you post gay faggot
And as an American i should care about the world why again?
Trump kowtowed to China a few days ago. Everything beyond that is cope. America needs international trade more than international trade needs America, since America produces nothing. If they went through with the China tariffs the levels of instability within America would cripple Trump and his retarded administration and at their apex might've even sparked a full blown revolution, be it violent or through peaceful means but with the goal of forcing Trump to be a good boy and stop kneecapping Americans. The Chinese know this, and so does the average American whether they admit it or not.
In opposition to this Americans keep insisting that China is weak and that it's collapsing or whatever, when basically the whole world has seen them act in a principled, logical manner that is starkly contrasted with the deranged aimlessness and rambunctious stupidity of the Trump regime. This failure to impose his will on China has showed the limits of American power and would've exposed the shakiness of the Trump regime and the stability of China's, since they all understood America was out to fuck them and this sparked a natural desire to resist and endure potential hardship.
The euro and the EU as a whole have remained stable and in their golden middle, and the outlook is positive there as well in all aspects. Trump won't be able to bullshit them into unfavorable deals or impose his will no matter how much he crows. Basically everyone won but America during this whole circus and America will pay the price. The dollar will probably go to shit unless someone truly muzzles and controls Trump. The delusions about bringing back manufacturing or whatever else have already evaporated.
WOW I WONDER WHAT CURRENCY HAS ENOUGH PUBLIC TRUST AND SUPPORT TO COMPETE WITH THE US HEGEMONY. I WONDER IF IT'S DIGITAL AT ALL. PRETTY WEIRD GUYS THAT WE HAVENT FIGURED THIS SHIT OUT YET.
finance.yahoo.com
Reshore manufacturing
Originally to encourage businesses to make stuff in America, a laudable and wise goal with long-term benefits to our sovereignty and independence. But then the stock market tanked and Trump panicked and gave in to the bedwetters and suspended the tariffs in exchange for whatever a country will offer him.
Economics is all fake and gay anyway, a bunch of social constructs that only exist in your imagination. Horde food, fuel, and guns. That's all you need. Fuck society.
he hopes nobody knows that china had a secret meeting in the IMF basement 3 weeks ago begging for a deal
all about saving face with these chinks. its so easy to fuck them as long as they get to LARP as winners. lol
Because you are not isolated, you have a borders with your biggest trade partners lol lmao even
But if you don't buy their shit how are you gonna have stuff?
I'm sure these same retards will say the US won against the Houthis and didn't withdraw