We will know if the Chinese are serious if they scrap the deals they just made with Ivanka.
The Commerce Ministry said it also is scrapping deals made with Washington in talks aimed at defusing a sprawling trade dispute.
This is the part that will need unpacking. For example, I seem to remember recent progress about ownership requirements and intellectual-property transfer for joint ventures in china. There are a bunch of US companies that likely just had a very expensive rug pulled out from under them.
@ronbyers It would certainly be interesting if they yanked the funding for that resort trump is invested in. (And I’m sure they consider their commitments to “reform” ZTE no longer binding…)
Logically speaking, of course starting a trade war will have a 0% success rate in extracting concessions. Question is, at what point does that become obvious even to the right wing base? Sure, they’ve obtained legendary status for seeing what they want to see, and perception lags reality even in communities that are open-minded. But this is so obvious, and such a stark contrast with his promises, that something’s gotta’ give. He promised nothing but home runs on trade, and he’s literally batting .000 so far.
Now that’s what I call WINNING!
I wonder how all those Trump voting soybean farmers and cattle ranchers feel now.
Right-wingers are wed to their politics exactly like their Sunday superstitions (aka, “religion”). The right-wing is indoctrinated, not informed. It has the same blind adherence that we see in religious zealots. There’s nothing that will ever change their minds (if what they have can be called a “mind”).
I notice the DOW has dropped about 250 points or about 1% this morning in response to the China Tariff dust up. Thanks Trump, my retirement savings needed to be trimmed back again.
I realize the stock drop is probably temporary, but could somebody from the administration articulate an intelligent reason for dealing with our economic relationship with China in this way.
Orange juice is sweet. I live in Florida a part of Trumpistan. We make our living here off three things: Tourism, Orange products ( mostly juice ) and tropical plants and fish. But I don’t. So bring it on China!
Am I wrong for favoring Canada, Mexico, the EU and China over Trumpistan in this?
No. Favoring them is the only way the USA gets out of this mess. It’s going to have to hurt. That’s all that will reach these folks
Well, it was a nice recovery while it lasted.
You are a funny man, ronbyers.
A trade war would bring pain to both countries.
Only one of the countries allows its citizens to vote its leaders out.
Lol winning or whining --that’s my image of donald.
Good catch here – what if they did undo Ivanka’s patents and donald’s building - That would be hysterically funny!
OT but today I emailed both senators and my local rep my displeasure with the child separation – if you haven’t contacted them yet for your state/district – let’s flood their offices with our complaints on this trumpian policy.
Someone please send this to Jeff Sessions and donald:
King James Bible
But whoso shall offend one of these little ones which believe in me, it were better for him that a millstone were hanged about his neck, and that he were drowned in the depth of the sea. Matthew 18:6
This administration has to be stopped.
Also OT
Rudy’s attack on Joe Biden tells me that he’s one that they are scared of… What a hoot. Biden knows what was in the classified reports when Biden said “That’s treason” and Biden’s popularity with the American people is 58% compared with donald’s 40%. Obama is somewhre in the 60’s.
Just had to vent this morning. 