Trade War with China
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Hendrik_2000
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Just because America buy more good from China does not mean she has more leverage in this trade war Many American company derive large percentage of their income from Chinese market like Apple, Qualcomm, Caterpillar, Boeing, GM etc So China has many lever to push if need be. Many company like GM depend on Chinese market for their continue existence GM income from Chinese market exceed that from domestic market
Tesla and GM Are Collateral Damage in Trump-Versus-Xi Trade War
David Welch, Dana Hull 21 hours ago
Tesla shares plunged as much as 6.6 percent, the biggest intraday drop in more than six weeks, while GM slumped as much as 4.1 percent after China vowed to retaliate against Trump’s threatened tariffs on another $200 billion in imports from Asia’s largest economy.
The carmakers are among the companies with the most to lose if Trump ups the ante on the tariffs placed on $50 billion of goods announced last week. GM has for years Volkswagen AG to be the biggest foreign automaker operating in China, while Elon Musk’s electric-vehicle manufacturer has been rapidly expanding sales and in talks for months with the Shanghai government about opening its first assembly plant in the country.
More from Bloomberg.com:
“China could retaliate against U.S. President Donald Trump’s tariffs on Chinese goods with a full-blown boycott of American automobiles in the nation,” said Steve Man, a senior autos analyst for Bloomberg Intelligence in Hong Kong. Protectionist U.S. levies “ could derail automakers’ plans to open new manufacturing and export bases in China.”
Xi’s options to squeeze Trump by hurting American companies extend beyond retaliatory tariffs. The government has pressured companies before through bureaucratic means, such as by imposing customs delays, tax audits or increased regulatory scrutiny.
More from Bloomberg.com:
Pressure Tactics
This is “a practice that the Chinese have used for a long time, and our companies are on guard,” William Zarit, chairman of the American Chamber of Commerce in the People’s Republic of China, said on Bloomberg Television. Albert Xie, GM China’s vice president of public policy and government relations, is on the chamber’s , according to its website.
South Korea’s Hyundai Motor Co. and Japan’s Toyota Motor Corp. have felt the ill effects of their countries’ run-ins with China in the past.
Consumers shunned cars from Hyundai last year following Seoul’s decision to deploy an anti-missile system that China opposed. Toyota, Nissan Motor Co. and Honda Motor Co., meanwhile, suffered major declines in their sales in 2012 amid heightened tensions over disputed islands in the East China Sea. Protesters went so far as to in the eastern port city of Qingdao.
More from Bloomberg.com:
GM’s Ties
Any pressure from the Chinese government would come at a bad time for Detroit-based GM, which has momentum in China thanks to growing sales at both Cadillac and its lower-priced Baojun brand.
GM may be insulated by its long history in China and its close ties to the government beginning with its with state-owned SAIC Motor Corp., which operates eight vehicle and four powertrain plants as well as design and development facilities. The two companies build and sell mini-trucks, minivans and budget cars through a three-way venture with Guangxi Automobile, formerly known as Wuling Motors. GM also has had a commercial vehicle venture with state-owned FAW Group Corp. since 2009.
Of course, joint ventures with Chinese automakers didn’t spare Korea’s Hyundai or Japan’s Toyota, Nissan and Honda from harm. And a hang-up to Palo Alto, California-based Tesla’s negotiations to build a car- and battery-making plant in Shanghai has been Musk’s desire to operate a wholly owned factory, people familiar with the matter .
More from Bloomberg.com
Tesla and GM Are Collateral Damage in Trump-Versus-Xi Trade War
David Welch, Dana Hull 21 hours ago
Tesla shares plunged as much as 6.6 percent, the biggest intraday drop in more than six weeks, while GM slumped as much as 4.1 percent after China vowed to retaliate against Trump’s threatened tariffs on another $200 billion in imports from Asia’s largest economy.
The carmakers are among the companies with the most to lose if Trump ups the ante on the tariffs placed on $50 billion of goods announced last week. GM has for years Volkswagen AG to be the biggest foreign automaker operating in China, while Elon Musk’s electric-vehicle manufacturer has been rapidly expanding sales and in talks for months with the Shanghai government about opening its first assembly plant in the country.
More from Bloomberg.com:
“China could retaliate against U.S. President Donald Trump’s tariffs on Chinese goods with a full-blown boycott of American automobiles in the nation,” said Steve Man, a senior autos analyst for Bloomberg Intelligence in Hong Kong. Protectionist U.S. levies “ could derail automakers’ plans to open new manufacturing and export bases in China.”
Xi’s options to squeeze Trump by hurting American companies extend beyond retaliatory tariffs. The government has pressured companies before through bureaucratic means, such as by imposing customs delays, tax audits or increased regulatory scrutiny.
More from Bloomberg.com:
Pressure Tactics
This is “a practice that the Chinese have used for a long time, and our companies are on guard,” William Zarit, chairman of the American Chamber of Commerce in the People’s Republic of China, said on Bloomberg Television. Albert Xie, GM China’s vice president of public policy and government relations, is on the chamber’s , according to its website.
South Korea’s Hyundai Motor Co. and Japan’s Toyota Motor Corp. have felt the ill effects of their countries’ run-ins with China in the past.
Consumers shunned cars from Hyundai last year following Seoul’s decision to deploy an anti-missile system that China opposed. Toyota, Nissan Motor Co. and Honda Motor Co., meanwhile, suffered major declines in their sales in 2012 amid heightened tensions over disputed islands in the East China Sea. Protesters went so far as to in the eastern port city of Qingdao.
More from Bloomberg.com:
GM’s Ties
Any pressure from the Chinese government would come at a bad time for Detroit-based GM, which has momentum in China thanks to growing sales at both Cadillac and its lower-priced Baojun brand.
GM may be insulated by its long history in China and its close ties to the government beginning with its with state-owned SAIC Motor Corp., which operates eight vehicle and four powertrain plants as well as design and development facilities. The two companies build and sell mini-trucks, minivans and budget cars through a three-way venture with Guangxi Automobile, formerly known as Wuling Motors. GM also has had a commercial vehicle venture with state-owned FAW Group Corp. since 2009.
Of course, joint ventures with Chinese automakers didn’t spare Korea’s Hyundai or Japan’s Toyota, Nissan and Honda from harm. And a hang-up to Palo Alto, California-based Tesla’s negotiations to build a car- and battery-making plant in Shanghai has been Musk’s desire to operate a wholly owned factory, people familiar with the matter .
More from Bloomberg.com
Equation
Lieutenant General
Uh no, that's you moving the goal post closer to yourself, not me moving it further. You said that there will be actual military conflict involving both the US and China over North Korea and I said, no. And there's not one, so you're wrong. Find the quote where I said (I can't be responsible for everyone else of course) that a trade war would "never happen."
Being prepared and making outlandish sensationalist predictions are not the same as each other. Just because you sound crazy does not mean you're prepared and just because you can maintain the calm does not mean that you are not ready to fight.
As for admiration for Russia, it was clear from the beginning that Trump had admiration for Russian and Slavic culture; two out of his 3 wives were from the former Soviet Union and he named his favorite daughter Ivanka. He has love for the ethnic homogeneity and "white-ness" of Russia; he will never have a similar feeling for an Asian country and it would be stupid to think that that would change by "force." However, the US does not dare behave more aggressively towards China than towards Russia because China is stronger. Many tip China as the world's next superpower but no one believes it could be Russia. When Russia seized Crimea, the US ejected Russia from the G8 and enacted sanctions on it that damaged its economy. When China seized the islands in the SCS and, the US did nothing except complain and sail ships in circles. This is real world data that shows greater respect for China than for Russia; it is contrary to the world of your imagination.
To be honest, I think most people here would tip you as the worst government official. You are very similar to Trump; you have a knee-jerk reaction of hitting back as quickly and as hard as you can without thinking about consequences. If aggression is your definition of a great government official then ideally, they should all be hired from professional fighters or right out of prison. They'd find even more "ballsy" government officials than you there; I'm sure you could find someone who would approve a nuclear launch in response to not being elected to host the World Cup LOLOL
Trump's $50 billion tariffs have yet to go into effect. China's will go into effect at the same time or shortly after (because they were started after). That sounds like a correctly measured response to me. Then Trump reacted like you, saying he wants $200 billion tariffs; the problem is, he's cutting hard into American consumer power now and his team will struggle to find these items. He doesn't even dare maintain the same level of 25%; he has dropped the rate to 10%, showing the Trump wants to do his "bestest" to look tough but really he knows he's in pain territory and doesn't wanna play anymore. China has responded by calling this blackmail but since you have selective reading problems, you didn't mention that the CCP also said that they will retaliate strongly. The difference is that unlike Trump and unlike you, they actually left themselves room to maneuver and figure out how to go forth by leaving it vague instead of idiotically announcing tariffs and numbers that his trade team doesn't know how to implement. This is because like you, all Trump can think of is immediate aggressive action to not look weak (which is almost certain to be from him overcompensating for his insecurities) without thinking the actions through.
Basically, your pattern of aggressive actions without thinking mean that you are actually the worst candidate for a government official out of everyone here. If they put you and Trump in the same room, you'd probably go to nuclear war within 15 minutes of shouting.
His predictions are not outlandish at all.
People here keep seriously underestimating how much the US and the entirety of the West hates China for MIC2025, since this plan is literally going to pull the economic rugs under their feet when it becomes even semi-successful.
Trade War is a foregone conclusions. A recent interview with a scholar at Chinese Academy for World Trade and International Cooperation Mei Xinyu has already told you so much - the US and China are already in a trade war since at least 2 month.
The question now is when the real shooting war is starting.
People here keep seriously underestimating how much the US and the entirety of the West hates China for MIC2025, since this plan is literally going to pull the economic rugs under their feet when it becomes even semi-successful.
Trade War is a foregone conclusions. A recent interview with a scholar at Chinese Academy for World Trade and International Cooperation Mei Xinyu has already told you so much - the US and China are already in a trade war since at least 2 month.
The question now is when the real shooting war is starting.
Jura The idiot
General
almost missed this:
By
Love, Western Nihilism and Revolutionary Optimism
I read Xinhua though, stay tuned LOL
Hendrik... I don't generally read from individuals whom Lenin would've called 'Useful Idiots' like your
By
Love, Western Nihilism and Revolutionary Optimism
I read Xinhua though, stay tuned LOL
Jura The idiot
General
But, he’s absolutely correct about one thing: in recent past decades, ‘muricans have consistently demonstrated their inclination to elect narcissistic or sociopathic personalities, e. g. Nixon, Reagan, Bush1, Clinton, Bush2, Obama, and now Trump. Only Carter breaks the series of morally questionable personalities, and that was too long ago to matter, now!
Equation
Lieutenant General
First of all, his predictions counter each other within a 24 hour period. First he said that the world's hatred for Trump will lead to a Sino-centric global trade order, and then he said that it'll lead to military threats, causing China to fold. So h';s not even agreeing with himself.
Secondly, the moment Trump was elected, he predicted a shooting war over North Korea. Whether or not you think that's outlandish is a different issue; I thought it was and in fact, it hasn't happened.
Thirdly, the belief that the current situation of a rising power challenging the established order always leading to a hot war is based on the Thucydides Trap theory, in which the hegemon must go to war with the rising power to destroy it before the hegemon himself becomes displaced and at the mercy of the challenger nation. But Thucydides made this theory in ancient Greece, a time when nuclear weapons and the concept of MAD did not exist. With nuclear weapons and MAD, the only way for a hegemon to remain in power is to develop itself faster than its challenger can, and if that is not the case, it can only watch as it is outgrown because military action to stop this will bring its own destruction as well.
America has no moral high ground against Chinese buildup in SCS because its allies seized far more islands
Jura The idiot
General
how many features the respective countries have reclaimed so far? I mean the number, for example for Brunei that number would be zero as far as I know
(just asking something I don't know)
anyone?
and yeah, I used google, but didn't find the answer quickly
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