What Trump is doing is step by step tightening the terms of trade. It is paced in order to allow the Chinese to adjust and properly measure the results. He is not trying to trigger an abrupt collapse that could also rebound back on the USA.
This pressure serves to move a massive amount of capital investment away from China while providing a tariff windfall for the USA.
Again, the real problem here is the CCP whose mercantilism must be stopped. This must mean the real demise of the CCP. The question is how?
I would aggressively extend USA dollar industrialization credits to all China's direct competitors who will protect USA intellectual property. Thus I do think this is coming. This is the best way to accelerate the pressure on China without more tariffs.
The main point is to properly apply Chinese credit expansion directly to the Private sector and to also break up the State enterprises ASAP. All this attacks the CCP direct control scenario whose reform has been continuously postponed.
. .
Trump threatens worse trade deal for China if Beijing stalls until after his re-election
Published time: 30 Jul, 2019 14:53 Edited time: 30 Jul, 2019 17:52
https://www.rt.com/business/465392-trump-threatens-worse-china-trade-deal/
US President Donald Trump has once again criticized China’s
trade practices, warning negotiations could get tougher. The statements
come as Beijing and Washington are headed into another round of trade
negotiations in Shanghai.
In a series of tweets on
Tuesday, Trump warned if China waits and he wins re-election, the trade
deal will be much tougher for Beijing.
“China is doing very
badly, worst year in 27 – was supposed to start buying our agricultural
product now – no signs that they are doing so. That is the problem with
China, they just don’t come through,” Trump wrote.
“My
team is negotiating with them now, but they always change the deal in
the end to their benefit. They should probably wait out our Election to
see if we get one of the Democrat stiffs like Sleepy Joe. Then they
could make a GREAT deal, like in past 30 years, and continue to ripoff
the USA, even bigger and better than ever before.”
US
Treasury Secretary Steven Mnuchin and Trade Representative Robert
Lighthizer will meet on Tuesday and Wednesday in Shanghai with a
delegation led by China’s Vice Premier Liu He.
According to Trump, “The
problem with them waiting, however, is that if & when I win, the
deal that they get will be much tougher than what we are negotiating
now... or no deal at all. We have all the cards, our past leaders never
got it!”
Beijing
rejected Trump’s accusations, insisting that China has purchased US
agricultural products. It announced on Sunday that millions of tons of
US soybeans have been shipped to China since July 19. According to
Xinhua News Agency, Chinese companies are looking for soybeans, cotton,
pork, and sorghum.
China agreed earlier to narrow its
multibillion-dollar trade surplus with the US by purchasing more
American soybeans, natural gas, and other exports. The pledge was
revoked after Trump started hiking tariffs last year.
The two countries have been locked in a trade war since 2018,
when Washington slapped 25-percent tariffs on $50 billion worth of
Chinese products, triggering a similar response from Beijing. Since
then, the sides have exchanged several rounds of tit-for-tat levies. In
June, the Trump administration increased tariffs on $250 billion worth
of Chinese goods to 25 percent, and China hit back, raising tariffs up
to the same rate on 5,000 US goods worth $60 billion.
Beijing and
Washington paused the tariff hike exchanges following talks between the
two nations’ leaders on the sidelines of the G20 summit last month.
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