Trade War with China

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localizer

Colonel
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I wonder what will happen when America defaults on its gargantuan National Debt?!

More and more likely at the current rate at which debt/spending is growing:
Lower tax revenue
Boomer retirement: Social security and medicaid
Arms race with the rest of the world.

What will happen is end of the dollar and US high living standards.
 
now noticed the tweet
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China granted five more genetically modified (GM) crops for import, including herbicide tolerant rapeseed and herbicide tolerant soybeans, Chinese Agriculture and Rural Affairs Ministry (MOA) announced on Tuesday

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here comes the CNN story
The US-China tech war is getting worse. Apple is paying the price
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Wall Street is still buzzing from Apple's announcement last week that sales of iPhones in China weakened sharply during the three months ending in December. Explaining the dip, Apple said the US-China trade war had weighed on consumers in the world's second-largest economy. Some pundits pointed to a broader economic slowdown in the country, while others highlighted the growing domestic competition that Apple faces in China from increasingly capable domestic suppliers like Huawei and Xiaomi. None of this is wrong, but it misses the deeper issue: US companies face a growing risk of being boxed out of the next wave of innovation in China.
It starts with competition — not just in handsets, but in the semiconductors that power them. Unlike its major European rivals Ericsson and Nokia, Huawei has chosen to compete in the lucrative high-end smartphone market in China, devoting considerable effort to R&D and marketing. Huawei's secret weapon, HiSilicon — its semiconductor design arm — has begun designing dedicated smartphone chipsets that now give Huawei phones capabilities near or on par with the iPhone. Fabricated by Taiwan Semiconductor Manufacturing Corporation (TSMC), Huawei's neural network processors and other custom chips have given the Chinese firm the ability to compete in terms of cost and features in a way that was unimaginable even two years ago.
Then there is another critical factor: Chinese consumers slowing their purchases of the newest and greatest smartphones.
Consumer taste is hard to measure, but arguably the biggest factor in slower upgrades for Apple is the advent of next-generation 5G mobile networks. Chinese handset makers — led by Huawei, but including second-tier players OnePlus, Xiaomi and OPPO — are all planning a 5G handset rollout in 2019. Apple, by contrast, is not likely to have a 5G handset until 2020.
If you are a Chinese consumer, particularly on the high end, the last thing you want is to be left behind in 5G, which will offer data speeds of up to 100 times faster than current networks. Chinese Internet users basically live on their mobile devices and apps like WeChat. For these consumers, higher data rates and the cachet of 5G will increasingly drive decisions about which phone to purchase.
Then there's the geopolitics: trade tensions, and more importantly, the broader US-China technology cold war. Last month's arrest of Huawei's CFO Meng Wanzhou in Canada at the behest of US authorities generated a
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about Chinese companies urging employees to switch to Huawei from Apple or fining them if they refused. So far, the impact has been modest, but the blowback could intensify if Meng is taken to the United States in handcuffs, incarcerated, paraded in front of cameras or otherwise humiliated.
Huawei will also likely be the target of further
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, formally restricting the firm from selling its telecommunications equipment in the United States. Washington is pushing key US allies to do the same, raising new ire in Shenzhen and Beijing. Huawei has already been denied a deal with US carriers to promote its handsets in the United States. It would not be surpsing to see questions surface on Chinese social media about why Apple should have a a deal with China Mobile to sell handsets while Chinese national champion Huawei is shut out of the US market and its CFO is humiliated by being placed under arrest.
It's not all bad news. Western tech brands will continue to hold considerable cachet among China's increasingly internationally mobile elite. But the optimism Tim Cook and other global tech CEOs exhibited at the World Internet Conference in Wuzhen in December 2017 looks pretty misplaced right now. A heady mix of technology, political and market forces means Apple and other high-profile Western tech companies in China, such as Tesla, will need to protect their market niches while navigating increasingly complex geopolitical headwinds. It will not be easy.
 

Air Force Brat

Brigadier
Super Moderator
now noticed the tweet
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China granted five more genetically modified (GM) crops for import, including herbicide tolerant rapeseed and herbicide tolerant soybeans, Chinese Agriculture and Rural Affairs Ministry (MOA) announced on Tuesday

DwaVW9_XcAI-gb-.jpg

Just look at those BIG BEAUTIFUL SOYBEANS,,, those are beauties, and we're selling a bunch of em to China,,,, they are round-up ready, which means overspray from nearby fields doesn't kill those beautiful beans in their formative state!
 

Air Force Brat

Brigadier
Super Moderator
LOL I don't think I've ever seen a soya bean field, now checked google images
soya-bean-field-harvest-time_4kgpf9eve__F0000.png


Yep, those beans are obviously "stressed" you can tell by the yellowing and brown leaves, and the fact that the bean pods only have three beans in each pod,,, so do a little more digging to find a healthy soybean field...

Healthy soybeans are a verdant and uniform green, and probably have four, maybe five beans in each "seed pod", and I should clarify that "round up ready" soybeans, allow you to use a herbicide to fight the grasses and other weeds that suck the life out of a field, anything in the field beside soybeans is sucking up nutrients from the soil, and complicating harvest by introducing green weeds that will "slug" your combine..

Healthy Soybean fields in the US are covered by beautiful healthy soybeans that all mature at approximately the same time, and once those green plants die and begin to dry out, that's when the harvest occurs. The dead, dry soybean plants run right through the harvester and out the back, those beautiful clean beans end up pouring out the top of your "hopper", in fact almost all combines in the US have additional "fences" on the top of the hopper to accommodate an additional 50 or 100 bushels of beans in order to make it all the way around the field before having to "dump"..

big farmers "dump" on the fly, driving a "grain buggy" beside the combine as he threshes the grain, dumping and never stopping the combine, when the hopper is full another "grain buggy" or even a "semi" pulls up beside the combine and the auger empties the hopper into that new "grain buggy"...

its awesome to watch, and I like nothing more than picking a half dozen or so soybeans off the top of that new harvest and having a little snack, they are very clean, and very tasty! not as tasty as newly harvested wheat, which is quite delightful to eat as a snack... beautiful, just beautiful... That's the reason that folks want US beans, healthy, pretty, dried nicely to store well and minimize black rot and fungus..

That's an extremely important factor when shipping beans in barges or ships, trust me, I know....
 

SamuraiBlue

Captain
Yes and no.
Soy beans sprouts green but turns yellow and hardens as they mature. There are only three or four beans in a pod.
The immature green ones are known these days as edamame.
 
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