1. During an exclusive interview with FOX Business in June, Donald Trump stepped up pressure on China before meeting with his Chinese counterpart at the G20 Osaka summit: "When tariffs go on in China we are taking in billions and billions of dollars — we never took in 10 cents — now you have another $325 billion that I haven’t taxed yet — it’s ripe for taxing — for putting tariffs on.” 2. Like a robber waving a knife above his victim's head, Trump threatens to impose "very substantial" additional tariffs if no deal is reached. It is unthinkable for someone who is bent on destroying China not to finish it off, swiftly and without mercy, by imposing more tariffs on more Chinese goods at once. The US has obviously fallen victim to its own tariff folly otherwise Trump won't keep phoning to his Chinese counterpart for trade deals. Tariffs have hurt the economies of China and the US as well as the rest of the world. It is analogous to a suicide bombing in a market, killing everybody including the terrorist himself, his family and friends. 3. Whenever Trump calls on China for trade talks, he is finding out whether China is "ripe" for yielding to his demands. It is analogous to a psycho trying to find out whether his victim is ready to be dragged to the torture chamber to get all the teeth extracted after administering a dose of dental anesthetic. How can you negotiate with somebody who rules out any 50-50 deal? Hence it is high time for the victim to drag the psycho to the dental chair too. An eye for an eye, a tooth for a tooth.
I guess he forgets it's American that pay the tax on imports, not china that said I agree, China wont deal with him unless he backs off some and lets china also call it a win, dissing their dictator is not gonna help him make a deal
Yes, your comment is like a breath of fresh air in my thread. American consumers have to pay and pay for Trump's tariff folly. They will be paying a heavier price for Trump's folly if they let the "tariff elephant" stay four more years in the White House.
China has done far more damage to the economies of the west than good, just look at our housing markets and the levels of debt average people had to undertake to afford a home.... the Belt and Road initiative laying waste to the third world, the Intellectual Property & science theft, the inflation of stock markets and valued items such as wines.. going for a million dollars a bottle... and they drink it!!! The waste is horrendous and they do this on the backs of their fellow countrymen (over 65 million Chinese had their properties expropriated)... I haven't even started on the treatment of the Uyghurs and other minorities, the terrible buildings they are erecting via their Belt and Road Zombie companies (Victorian State government in Australia recently had to set millions aside to fix up to 500 building that are not built to standard) The reality is that China's economy was destroying China AND the rest of the world, it needs to be reigned in and the Chinese leadership clearly don't have what it takes to do this.... Trump does.
Really... after all I posted you think I'm going to be distracted by the blinky shiny object..... Oh Look!! there's Trump's tariffs
My great friend, you must thank Donald Trump a thousand times because you are going to PAY and PAY for his tariffs.
well first of all I'm Australian... we don't pay for tariffs... but don't be fooled, the Chinese flooding the world with debtmoney and cheap and nasty products means everybody pay... even the Chinese I already pointed out the $600 million needed to fix the shoddy cladding on approximately 500 high-risk buildings... compliments of the Chinese. (this is in one state only... I don't even want to think about what Sydney would be like, they are on their 4th uninhabitable high rise building so far). And as far as housing goes... we have a nice asset bubble to thank the Chinese for also... property and shares. So make no mistake... no tariffs are needed to pay.... many of us are already paying, unfortunately most don't even know why. 'It’s a joke. We can’t go on like this': fourth block of units abandoned in Sydney https://www.smh.com.au/national/it-...nits-abandoned-in-sydney-20190718-p528l7.html
My great friend, if you are a Chinese business woman, are you going to dump your goods on the shore to flood the country without any demand for them? You must be kidding. You may act with such folly if you can hypnotize all the people there with your witchcraft to buy your stuff.
My great friend, your government should have taken immediate action to cool the market once there are signs of speculation. They should know why. Fools rush in where angels fear to tread.
When it comes to high rise buildings I prefer the non crumbling ones. It's very different to your washing machine breaking after two years. China's building materials have created high rises with a life span of about twenty to twenty five years... around the world, Australia is not special, they are merely a red tape society... which means they are way ahead of the curve in this regard.
Yes I agree 100% governments were far too slow to act, but at the time our Prime Minister was Malcolm Turnbull and he was an investment banker... we all know how much they care about the average person trying to pay off a loan... like putting a shark in charge of an aquarium.
