Andrew
President Trump announced this week that a new 10% tariff was coming for more than $200 billion in annual Chinese exports, and even The New York Times was forced to admit that the Red Giant of Communism has little left to respond with. As it was foreseen all along, China’s lack of U.S. imports has made it difficult for them to engage in a long-term trade war with the Trump administration. When Trump hit them with the first two rounds of tariffs – on $34 billion in Chinese goods in July and on another $16 billion in August – China matched the taxes dollar for dollar. The problem now is that Beijing is running out of goods to slap tariffs on.
And that puts them in a difficult spot.
From the Times:
China’s tit-for-tat responses have so far failed to thwart Mr. Trump’s trade offensive, and with the White House amping up the fight again, Chinese leaders aren’t sure how to respond, people briefed on economic policymaking discussions say.
Chinese officials “are generally confused,” said Raúl Hinojosa-Ojeda, a trade specialist at the University of California, Los Angeles, who has been traveling around China speaking with officials, businesspeople and workers.
“They don’t know what to do,” he added. “They worry that the tit-for-tat model is playing into Trump’s hands.”
China doesn’t import nearly enough from the United States to target $200 billion in American goods. But China’s leaders feel they can’t back down. They have presented the trade war as part of a broader effort by the United States to contain China’s rise. The Chinese public could see any effort to soothe tensions as capitulation.
The fact of the matter is that China is out of room to play games, and capitulation is certain to come. Trump did not get into this war to lose; the U.S. trade imbalance with Beijing has been a sore spot for the billionaire since long before the election, and that only scratches the surface of the unfair playing field between the two countries. When you throw intellectual property theft and currency manipulation into the mix, it is clear to any impartial observer that it is up to China to change – NOT the United States. Trump is just the first president with the guts to do something about it.
Beijing will change their ways and negotiate, or they will be in serious economic trouble by this time next year. Trump has them cornered, and he will win.
dapoxetine 60 mg buy dapoxetine online india does my doctor know about dapoxetine how much does priligy cost america
ivermektiini otc ivermectin dosage
lasix half life lasix 40 mg tablet price furosemide in neonates lab value most important how much potassium for 20 mg lasix
albuterol headache albuterol 1.5 mg can i take albuterol while pregnant how long does it take for albuterol to work
cialis wirkt nicht cialis legal kaufen wie lange hält cialis an wie wirkt cialis am besten
viagra donde comprar viagra en mano madrid como conseguir viagra sin receta viagra levitra o cialis cual es mejor
no prescription viagra lowest price for viagra 100mg
where to buy cialis canada buy generic viagra and cialis online
cialis generique 20mg cialis en vente libre dans quel pays prix cialis 20mg boite de 8 cialis combien ca coute
viagra cheap cialis and blood pressure cheap viagra canada free shipping how long does viagra last for you
viagra and sex buy viagra in usa online cost of cialis at chemist warehouse what are cialis tablets used for
viagra alternativo viagra senza ricetta italia come si fa il viagra in casa viagra quanto dura l’erezione
Somebody essentially lend a hand to make critically posts I might state. This is the very first time I frequented your web page and so far? I surprised with the research you made to make this actual post extraordinary. Magnificent job!|
prix viagra france viagra paiement avec paypal viagra pas cher en pharmacie Г paris ou trouver viagra sans ordonnance
you are in reality a excellent webmaster. The web site loading speed is incredible. It sort of feels that you’re doing any unique trick. Moreover, The contents are masterpiece. you’ve performed a great job on this topic!|
plaquenil hydroxychloroquine side effects for plaquenil abdominal distension helped by plaquenil how to tell if plaquenil is working
cose il cialis cialis online farmacia italiana cialis 5 mg senza ricetta dove trovare cialis a pesaro
Wow that was unusual. I just wrote an very long comment but after I clicked submit my comment didn’t show up. Grrrr… well I’m not writing all that over again. Anyhow, just wanted to say wonderful blog!|
viagra mujeres pastillas similares ala viagra efectos del viagra para mujeres quien receta la viagra
viagra ipertensione controindicazioni viagra dove si compra viagra generico quanto costa? quanto tempo dura l’effetto del viagra