Trump is the jealous ex who thought they would find someone better after breaking up with you
Trump and Jinping are playing a game of chicken and Trump has already slammed on the brakes while Jinping still has 1000m of track left in front of him.
If I were them, I wouldn’t make a deal either - Trump had to be reminded by all the big box giants just how much he needs cheap Chinese goods to keep the shelves stocked. They have all the power and hold a shit ton of US national debt so they can wait out a trade war indefinitely while Trump will use any tariff profits to bail out farmers and other industries impacted by them not being able to sell to China at a 140% markup or whatever they set their nonsensical made-up tariff rates at.
Trump will use any tariff profits to bail out farmers and other industries impacted
I remember when UK right wing lying populist Boris Johnson (who only really cares about himself) promised to bail out farmers and other industries adversely affected by his insane isolationist Brexit policy.
Here’s US right wing lying populist Donald Trump (who only really cares about himself) and you think he’s gonna bail out farmers and other industries adversely affected by his insane isolationist global trade war policy?
Why would he do that?
What have farmers got to offer Trump?
Yeah, a Trump never pays his bills, so why would he start paying other people’s bills?
Like we didn’t know that Trump wants to make a deal, lets not fool our self’s! China has the upper hand and Trump can do nothing ATM.
Jesus Christ Donald Trump sucks.
Why would they be?
Trump has effectively handed all of the USA’s soft power over to the EU, China & Russia, depending on the part of the planet we are discussing.
All of it.
mostly to china, as they have the most leverage right now. russia is heavily codependant on USA surprisingly.
Not really “handed” over" as much as made it disappear. It’s up to other countries to fill the vacuum.
It’s like he’s NOT deal maker, but some kind of absolutely unqualified idiot!
In Trump’s words, “he doesn’t have the cards” “he has bad cards”. Which also makes it fairly clear he’s never played poker or has and is baffled by the rules.
This has been texted to some people 🤗
Not enough eyeliner
My eyes…they burn
Why would China be desperate?
China offers the cheapest high spec manufacturing in the world. If the US doesn’t buy that manufacturing, that leaves the rest of the world. Of course China wants American money, but it’s not going to devastate their economy in the short term. It’s a reasonable cost for providing China with so many opportunities, which they are aggressively pursuing, to cultivate deep seated international power.
The prevalence of Chinese manufacturing actually is a national problem for the US. While China has its pick of buyers, the US is stuck with one seller. The US should have been working for twenty years with India, Pakistan, Brazil, Indonesia, Vietnam, and maybe even some counties in Africa to create access to alternatives. It didn’t.
Weaning the US off Chinese manufacturing would take decades of elegant economic policy and diplomacy featuring several countries. China knows this is where it actually has power over the US.
I have worked professionally with Chinese vendors and suppliers for years, both pre and post COVID. China offers the whole range of manufacturing, not just cheap labor but high tech and precision devices too. You want cheap injection molded toys for Happy Meals? Done. Precision machine tools for CNC? Can do. Medical imaging devices? No problem. Mass assembly of automotive cable looms? Easy. If a business wants quality product from China they can do it.
And much like the classic European model where a textile or steel industry would collect in a valley for logistic/resource reasons and organically form an industrial ‘core’ the same is true in China, but with a centralized planned economy. Vocational schools feed local industry with skilled workers like engineers or tool and die makers, so that region experiences further and further specialization and conglomeration.
There’s no coherent or comparable manufacturing:educational alliance in the US, closest we have is ‘feeder schools’ that partner with individual industrial/scientific giants on an ad-hoc basis.
China has been working with African countries for decades to build their supply lines. The US has had a blind spot over Africa the whole time
Also, China has a shitload of US debt that they can use as leverage
Which makes the debt ceiling fight that’s coming up even more interesting. (article from March 24th)
The U.S. is most likely to default on its $36 trillion national debt sometime between mid-July and early October if Congress doesn’t act, the Bipartisan Policy Center predicted Monday.
…
Debt limit forecasters are expected to release a narrower X-date prediction after most tax receipts have landed at the IRS in April. While it’s “quite unlikely,” there is still a possibility that the U.S. could run out of borrowing power in early June if that gush of tax revenue comes in far below projections, the Bipartisan Policy Center cautioned.
The cost-cutting efforts of the Department of Government Efficiency effort headed by Elon Musk could also affect cash flow enough to change the X-date prediction, along with the strength of the economy, tariffs and any new spending or cuts Congress approves, the center said.
Given how DOGE is inflating it’s cost cutting savings by over $140 Billion, the tariff trade war, and congress’ habit of pushing things to the brink when their luck is going to run out sooner or later – this could get ugly quick.
Also, despite how much Trump wants to pretend he’s a dictator, he’s not. Both Congress and the Supreme Court have the power to stop this tariff idiocy at any point if the consequences get to be too bad. Xi is actually a dictator and the likelihood of any other power base overriding him is slim to none.
Xi isn’t a dictator and can be removed at any time. If you understand how US propaganda is working for trump, you should be able to understand how it works against china.
Xi is a de facto dictator
One whose decisions have to be approved, and can be removed by a simple majority vote at any time… If dictators were actually like that no one would have a problem with them.
And no one will dare go against the party, and he is the head of the party, hence de facto dictator. A dictator in all but name
…except they do. Often. That’s how he was elected even, the party going against the president.
I know western propaganda has trillions of USD behind it, but you don’t have to pay attention.
They do often? Really? That’s why he’s been removed? Oh wait no he hasn’t. You don’t have to pay attention to Chinese propaganda either.
I think that underestimates the extent to which the Chinese economy is vulnerable to reduced demand from foreign partners. I’m not saying China’s in a worse position than the US, since the US has a blithering imbecile traitor as President. But they’re not invulnerable to economic shocks either.
China will definitely suffer, but it also doesn’t care. Public opinion supporting its actions are not a priority in China. Trump is starting to feel the bite his stupidity has taken him. Not sure if he understands completely, but he’s getting an idea that he’ll wear the blame. Not from the Maga, but from everyone else.
You’re absolutely correct on the US topic, but one comment on the Chinese side: China does suffer from an excess of export focused production. Their excess of production capacity is artificial (created by Goverent investment) and has resulted in the need for continued Government cash injections.
The Chinese government investment injection has resulted in significant leads in at least two international markets (EV, and solar panels perhaps batteries by volume.) The cost has been a parge amount for waste and loss of public money (there were a lot of of losses in their recent tech/chip investment for example.)
These losses came at a hard time when the general popilation was suffering from significant equity loss, mainly real estate. There is an argument to make that trying to spur the domestic market would be better than investing in overcapacity.
…You understand the primary market for Chinese products, especially ev and solar, is Chinese citizens, right?
Its not even close.
Hmm, Chinese are a target for EVs, but the production capacity clearly exceeds Chinese civilian purchasing power.
I am doubting myself on this after your comment. I don’t know much about the domestic purchase volume but if EVs in China.
… Yes that is how production works in a healthy economy. You have multiple companies competing for the same consumers, resulting in over production.
Cars are a luxury object that are entirely unnecessary, so they aren’t a centrally planned industry.
The extra then gets sold off. But the fact you simply cannot buy most Chinese ev brands outside of china (and some belt and road countries) kinda proves the point. Besides BYD and Rivian, you’re not finding many Chinese evs outside of china, and those are just two of the top twenty manufacturers.
You have a good point.
EVs have no central planning in China?
Nope, they’re private sector. Technically the state does produce some busses and of course electric trains; but consumer evs are entirely private sector enterprises.
These losses came at a hard time when the general popilation was suffering from significant equity loss, mainly real estate
Is this a reference to the 99 year leases people can get instead of full ownership or the citizens investment into big housing projects that some say are scams?
I am refering to the massive drop in real estate value that happen as over the last 2 years. Real estate is a primary wealth vehicle for urban Chinese.
I hope they don’t back down, even if that orange whimp ends up pulling back the tariffs. Don’t re-engage with the US until they elect a decent leader. They should really feel the impact of electing such a moron for a internationally significant role.
Yep. If America doesn’t have a severe depression &/or civil war, the mental illness of MAGA will continue destroying the country from within, and wreaking havoc with global stability.
Trump is desperate.
No quotes or further words needed.
They’ve called your bluff, buddy and now you’re going to have to take an absolute beating of a lifetime. Enjoy!
The tariffs will be something Biden put in place and Trump removed to save the economy within a week.
I will say, lots of people in my state remember the 2008 Economic Crisis as being caused by Obama.
Not him, he’ll take whatever he can get and sell it to his cultists as the world’s greatest deal.
As usual, it’s the US taking the beating …
He needs a W and has pissed off anyone capable of giving him one.
Do not back down China! I love to see that dumbass flounder like the fat toxic fish he is.
He’s playing poker with the Chinese who love gambling and he’s also an idiot who thinks he’s a great gambler while holding all his cards backwards
And then yells “go fish”.
I think he also said that so many countries have called him to “kiss his ass” due to the tariffs.
It probably goes without saying at this point, but deporting someone to a culture in which they’re not competent is wildly immoral, and doing so in such a way that they end up encarcerated in subhuman conditions especially despite not committing a crime in that jurisdiction is monstrous.
If he doesn’t die of old age in his second term, he will die in prison after. Along with a good part of his cronies.
I hope you’re right, but he would be the first to do so in a very long time.
Fart of the seal 🦭💨
FAFO.
