Commerce Secretary Wilbur Ross Delivers Brutally Honest Remarks To Chinese Counterparts…

Those who have followed the MAGAnomic trade and economic policy closely were aware a tonal shift had taken place in the last several weeks.

Specifically because of their weak position, and faced with the first U.S. President in their modern economic history who intends to stop the erosion of American wealth, China intentionally used North Korean aggression in order to create trade leverage with the U.S.

Today, at the U.S./China Comprehensive Economic Dialogue in Washington DC Commerce Secretary Wilbur Ross left no room to doubt the approach President Trump and the U.S. trade team are going to take in the upcoming trade standoff.

At opening remarks between the two sides, Ross outlined the U.S. trade gap with China in unusually blunt terms. While U.S. exports to China have grown in recent years, imports have expanded even faster, leading to a $309 billion trade deficit.

“If this were just the natural product of free-market forces, we could understand it, but it’s not,” Ross said, as Chinese Vice Premier Wang Yang looked on. “So it’s time to rebalance in our trade and investment relationship in a more fair, equitable and reciprocal manner.”  (video below)

.

The Chinese trade contingent have never faced forceful push-back from the United States before. EVER.

In their modern history of economic growth there’s not a member of the delegation from China who have ever encountered direct and brutally honest dialogue.  They simply don’t know how to respond.  In an effort to regroup, the Chinese delegation cancelled a previously scheduled 5:00pm press conference.

It’s on.

Here’s why this matters.

Nuance and subtlety is everything in China. Culturally harsh tones are seen as a sign of weakness and considered intensely impolite in public displays between officials; especially within approved and released statements by officials representing the government.

Historic Chinese cultural policy, the totalitarian control over expressed political sentiment and diplomacy through silence, is evident in the strategic use of the space between carefully chosen words, not just the words themselves.

China has no cultural or political space between peace and war; they are a historic nation based on two points of polarity. They see peace and war as coexisting with each other. China accepts and believes opposite or contrary forces may actually be complementary, interconnected, and interdependent in the natural world, and they may give rise to each other as they interrelate to one another. Flowing between these polar states is a natural dynamic to be used -with serious contemplation- in advancing objectives as needed.

Peace or war. Win or lose. Yin and Yang. Culturally there is no middle position in dealings with China; they are not constitutionally capable of understanding or valuing the western philosophy of mutual benefit where concession of terms gains a larger outcome. If it does not benefit China, it is not done. The outlook is simply, a polarity of peace or war. In politics or economics the same perspective is true. It is a zero-sum outlook.

Therefore, when you see China publicly use strong language – it indicates a level of internal disposition beyond the defined western angst. Big Panda becomes Red Dragon; there is no mid-status or evolutionary phase. Every American associated with investment, economics and China would be well advised to put their business affairs in order accordingly.

REUTERS […] Asked about calls from the United States, Japan and others for China to put more pressure on North Korea, Chinese Foreign Ministry spokesman Geng Shuang said it was not China ratcheting up tension and the key to a resolution did not lie with Beijing.

“Recently, certain people, talking about the Korean peninsula nuclear issue, have been exaggerating and giving prominence to the so-called ‘China responsibility theory.’

“I think this either shows lack of a full, correct knowledge of the issue, or there are ulterior motives for it, trying to shift responsibility.” “China has been making unremitting efforts and has played a constructive role, but all parties have to meet each other half way, Geng said.”

“Asking others to do work, but doing nothing themselves is not OK.” “Being stabbed in the back is really not OK.”

Geng told a daily news briefing, without naming any parties. (more)

Prepare your affairs accordingly. President Trump will not back down from his position; the U.S. holds all of the leverage and the issue must be addressed. The President and his team are entirely prepared for this. We are going to economic war with China!

The Olive branch and arrows denote the power of peace and war. The symbol in any figure’s right hand has more significance than one in its left hand. Also important is the direction faced by the symbols central figure. The emphasis on the eagles stare signifies the preferred disposition. An eagle holding an arrow also symbolizes the war for freedom, and its use is commonly referred to the liberation fight of righteous people from abusive influence. The eagle on the original seal created for the Office of the President showed the gaze upon the arrows.

The Eagle and the Arrow – An Aesop’s Fable

An Eagle was soaring through the air. Suddenly it heard the whizz of an Arrow, and felt the dart pierce its breast. Slowly it fluttered down to earth. Its lifeblood pouring out. Looking at the Arrow with which it had been shot, the Eagle realized that the deadly shaft had been feathered with one of its own plumes.

Moral: We often give our enemies the means for our own destruction.

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This entry was posted in China, Deep State, Legislation, media bias, President Trump, Trade Deal, Uncategorized, US dept of agriculture, US Treasury, USA. Bookmark the permalink.

164 Responses to Commerce Secretary Wilbur Ross Delivers Brutally Honest Remarks To Chinese Counterparts…

  1. WonkoTheSane says:

    Buy large quantities of cheap socks, underwear and t- shirts while the getting is good.

    Liked by 8 people

    • GumboPot says:

      I think most of our clothes come from India these days.

      However stocking up on plastic goods, cheap electronics and those silly spinners that your kids have might be a good idea. lol

      Liked by 4 people

      • progpoker says:

        Ha! I print my own spinners!! Screw the ChiComs!!

        Liked by 3 people

      • livlovely101 says:

        One business that will be hardest hit is The Dollar Store; they will lose a Yuge part of their inventory!

        Liked by 1 person

        • Blue Ridge Mts Va. says:

          This will, unfortunately, cause art supplies to increase in price. Nothing I buy such as acrylic paint or canvass is made in the USA. I noticed the giant price increase on Swanson vitamins. I am guessing that their stuff is made in China. Vitamins and supplements are critical to treating chronic Lyme disease. I will have to stock up on art supples. Because Trump won the presidency, I started my art business so I could make ends meet.

          Like

    • wolfmoon1776 says:

      Saving my money for the American-made.

      Liked by 20 people

    • NO Foolin’, stock up folks, if you can’t afford to buy American.

      Like

    • MfM says:

      Already did that. It will take some time to start up American factories again. In some of the areas where clothing was produced the factories have been torn down or turned into condos.

      Like

      • PatriotKate says:

        Many of these types of businesses will never return to the U.S., such as textiles and the piece-goods labor involved with that. It’s all China, India, Vietnam. The growth in U.S. manufacturing will come from the staples (machining, metal & plastic fabrications) to electronics and automation. U.S. may see some of its furniture manufacturing return.

        The problem is Americans have become addicted to cheap goods. I recall a 100% cotton blouse in the mid-1970’s was around $30 (today’s value $140) and I can buy that cheaper now than 40 years ago. The clothing lasted because it was Made in the USA (along with natural, organic cotton grown here as well).

        It won’t happen rapidly and we need to be prepared for, and will to pay for, high pricing in order to return manufacturing jobs.

        Liked by 1 person

    • A2 says:

      I quote sundance:
      “Prepare your affairs accordingly. President Trump will not back down from his position; the U.S. holds all of the leverage and the issue must be addressed.”

      He should tweet that to the Chinese embassy (lol) because it is the Chinese that have the most to lose and need to prepare their affairs accordingly.

      Fact is the rich and savvy are doing precisely that buying up US and European real estate, investing in US domestic businesses and so on to get their money offshore.

      It’s not about the piddly stuff. Chinese editorials in a eerily redux Lord Macartney/ Emperor Qianlong mode, are saying:

      “Our Celestial Empire possesses all things in prolific abundance and lacks no product within its borders. There is therefore no need to import the manufactures of outside barbarians in exchange for our own produce.

      — Qianlong Emperor, Second Edict to King George III of England, 1792”.

      One of the top priorities for the US (and other countries) is steel and aluminum dumping. For the Chinese, it is to get trade restrictions lifted on the export of US high technology (not going to happen).

      The small stuff can be sourced elsewhere or manufactured in the US. The Chinese caved on beef because it was small stuff to them as the Chinese don’t eat beef on the whole and the US gave them chickens, because the US consumer will not buy it and the US is the world’s biggest chicken producer. That deal was to grease the wheels for further dialogue.

      One step at a time folks.

      Liked by 1 person

      • Jedi9 says:

        Well you can take comfort that the Chinese love Kentucky Fried Chicken and McDonalds, and they have gotten fat as a result. Believe me, that strategy is working.

        Like

    • Jedi9 says:

      It was once told to me by an old sage who was an astute scholar of the Bible, particularly revelations. “The Bear and the Eagle will form an alliance to defeat the Dragon and Peace on Earth will Reign once again before the one returns to gather his people.”

      Like

  2. FL_GUY says:

    I imagine it is a shock for them after China bought Bill Clinton and paid off HilLIARy and other D-Rats to discover their “investment” is now worthless. Reminds me of the dialog line from “Used Cars” when the crooked car dealer was lamenting: “Use to, when you bought a politician, he stayed bought!” Now China is discovering it’s not that way anymore.

    Liked by 18 people

    • LafnH2O says:

      FL_GUY,
      I’m thinking you may have given me (us) the simple, yet understandable response for the question… “Uni-Party.. WTF is that??? The “Globalists (in this case China) paid (bought/bribed/blackmailed) for access (ALL politicians i.e. Uni-party) to American interests (our children’s and grandchildren future), selfishly controlled and exploited them for their personal gain, and planned to export ALL the wealth; leaving US poorer, weaker and circling the drain.

      Clinton’s pay off, cheap electronics, trade deficit…
      But, hold on now…
      Seems President Trump and his Wolverines😁
      😁😁😁 are setting things straight.
      They are fighting back for you and me!!
      It might get a bit bumpy (stock markets/prices of China stuff, but it’ll be MAGA.)
      What’s that??
      Oh, Wolverines… lol
      Got a minute??

      what ya think, Treepers?
      FL_GUY gets the prize for best post of the day… or what….

      Liked by 8 people

    • Southern Son says:

      And THIS!, surely must be the Stab in the Back, that the ltitle feller refers too.
      Hey, Mr. Yang Wang!
      The Clintons got your Yins.
      Oblubber prolly owes you some too.

      Liked by 2 people

  3. ZurichMike says:

    WOLVERINES!

    Liked by 25 people

  4. Timothy Hart says:

    Follow-through, follow-through, follow-through; without it this means nothing.

    Liked by 4 people

  5. Publius2016 says:

    This is one reason why Russia is important. With Russia collaborating on energy and space investments with the United States, China becomes more isolated. This is another reason China is looking for fixed income streams with its One Belt One Road based on Chinese currency. They hope to export Yuan Inflation.

    Liked by 11 people

  6. Gil says:

    Maga is on!
    Sundance, would you please provide provide some more direction in your commentary related to preparing accordingly?
    Do I need to watch youtube videos on survivalism and learn to hunt boar naked and covered in mud?
    Are we going to find the need to live underground, eating ratburgers because every restaurant is taco bell?
    Ty!

    Liked by 30 people

    • alligatriot says:

      But, but – boar ARE naked and covered in mud.
      (Sorry, I need more coffee……)

      Liked by 6 people

    • Sylvia Avery says:

      Gil, you made me snort laugh but at least no fluids were involved.

      I, too, would appreciate more detail on what is meant by preparing. I thought it was probably getting out of any Chinese stocks or something, but now it may mean buy cheap socks and undies, or electronics, or digging an underground survival shelter in my back yard and learning to hunt naked. One thing, the boar would take one look and fall down laughing so they would be easier to hunt….

      Liked by 13 people

      • Gil says:

        See I thought about the stock thing, but Im in a commitment that the company is losing money TO me, not making it, so if I exit I do lose my shirt. But thinking about things like certain foods, clothing, products we dont necessarily have the supply chain or manufacturing base set up for yet makes me want more info.
        Lots of raw materials for prescription drugs come from china so thats another thing, besides consumers cant seem to get the ones they need anyways!

        Liked by 3 people

        • Sunshine says:

          Me too, thinking certain investment-oriented stock companies, mutual funds, general bank-managed investments as well as bank stocks.
          I was smart, my mortgage is open variable and my bank-managed portfolio is redeemable without penalty at any time.

          Like

        • kp3ace says:

          Now may be a good time to check up on hemp production in the U.S.

          Like

      • svenwg says:

        Start buying silver and gold, once fiat money implodes, it will become worthless where a loaf of bread will cost $1,000,000.00, but just a very small amount of silver. Remember an onze of gold is worth exactly what it was worth in 1970 if you take inflation into account!

        Like

    • bkrg2 says:

      I’ll take a stab at “plan accordingly” for the trade war with China.
      Basically, the Chinese government has propped up their economy for many years – meaning that things made in China should cost more (in the USA and everywhere else). Also, Crooked Hillary’s husband sold his soul to China, giving them most favored nation status – meaning China sends us all kinds of stuff, yet they buy very little from USA. And that is why we have over $300 billion trade deficit with them.
      Now that Wilburine has set the tone, you should expect a couple things. (1) items coming into China will cost more (will happen pretty quick) and (2) some factories in USA will start making stuff here again (will likely take a bit more time) and (3) Other countries will pick up opportunities to supply at a lower price that China.

      A practical consumer example would be toys. China supplies almost 100% of our toys. Hardly any other country currently makes toys. Therefore, expect to pay more come Christmas.

      Another example could be machinery, including industrial. We import $100B a year from China and over $130 from Mexico, Canada, Germany, Japan, and S Korea. Therefore, these other countries (and USA) should be able to supply some of the products as prices from China rise. Machinery prices would increase, yet they might not increase as much as toys.

      You can look at this website below to see how the top 10 things we import from China and other countries might be impacted
      http://www.worldsrichestcountries.com/top_us_imports.html

      In 2016, China’s exports to America amounted to
      $481.8 billion or 21.4% of its overall imports.

      1. Electronic equipment: $131.7 billion
      2. Machinery: $100 billion
      3. Furniture, lighting, signs: $31.6 billion
      4. Toys, games: $24.9 billion
      5. Plastics: $15.6 billion
      6. Footwear: $15.4 billion
      7. Knit or crochet clothing: $15.1 billion
      8. Vehicles: $14.3 billion
      9. Clothing (not knit or crochet): $14.2 billion
      10. Medical, technical equipment: $11.7 billion

      If you are talking about investment advice, then I would say “sell anything Chinese and buy America”. Doing this as fast as possible (and if you have been reading CTH, you probably already did this back in November and seen your investments up 20%)

      Liked by 2 people

      • Gil says:

        Ty.
        Ive always been told Christmas goods arrive about now and start being shipped around the country. Here in California we get most things first but not necessarily cheaper.
        I have a 4 year old, so Christmas is a biggie. I suppose anything I think we may need within the next year that I can store and afford I should get.
        Boy, all the big box stores, toys r us et al best figure it out fast…

        Liked by 1 person

  7. usayes says:

    This should send a chill down Mexico’s spine… get ready for a NAFTA rumble like never seen before.

    Liked by 15 people

    • Jimmy Jack says:

      If they have an ounce of smarts to them, they will agree to pay the fixed cost of the border wall over losses that are unfixed in trade. And if they really want to be smart they’ll negotiate to have solar panels added to the wall so they can buy cheap electricity from us.

      Liked by 8 people

  8. sundance says:

    Liked by 18 people

  9. ALEX says:

    Excellent and the language is perfect by Secretary Ross…There is no response. The same goes for Germany among others…They were stacking the deck and the free ride is over…

    MAGA

    Liked by 11 people

  10. Question Everything says:

    The Honey Badger

    Liked by 8 people

  11. Garrison Hall says:

    Lately, I’ve noticed help wanted signs in many of the businesses I frequent. No doubt this is a tangible measure of the absence of illegal immigrant labor, many of whom (I hope) are finally deciding to return home. Those jobs are not going to go unfilled. What I suspect is gong to happen is that the wages offered for them are going to be slowly raised until—hey presto!!—out of work Americans find the increased wages attractive enough to bring them back into the workforce. I think this is significant because it says something about how the US relates economically and politically to China and, really, to the rest of the world.

    In contrast to China and many other countries, the US has access to its own natural resources, manufacturing base, and a domestic population large enough to support an autonomous market-based economy that is completely independent of the rest of the world—and especially independent of China. Simply put, we don’t need them. Yes, it’s great to buy cheap tools at Harbor Freight and Ivanka gets likes to get her shoes from China but, if we really need to do so, we can more easily restructure our economy to produce our own shoes and tools than China can restructure from the loss of the US market. They need us a lot more than we need them.

    For a long time now I’ve felt that an autonomous, go-it-alone US economy would be a fitting counter to the kind of interconnected, globalized economy the world’s progressive-fascists see as our future. I was looking in my toolbox the other day and picked up an old Sears Craftsman end-wrench I’ve had for at least 50 years. When I bought it, that wrench was made in a foundry here in America. The ease with which we could do that again would be shocking to a globalized, centrally planned China.

    Liked by 22 people

    • mimbler says:

      And hopefully, PDJT will direct agencies or congress to legislate as necessary to make the safety net less comfy for the able minded/bodied.

      I’m all for a comfortable safety net for aged, handicapped, etc. but it is not a kindness to put able bodied capable people on perpetual welfare.

      If money grew on trees, and I was given the choice of doing a minimum wage job or accepting the equivalent in “free” money for doing nothing, I would probably take the free money and use my free time as I chose.

      Now, I was raised to know that this “free” money was forcibly taken from people that have jobs, so I would take the job.

      But today, apparently, people aren’t taught that and are content to live their lives on what other people worked for. Other than a short term “pick me up”, able bodied shouldn’t be eligible for welfare.

      No jobs where you are? Then move to where the jobs are. I’ve done that when I was as close to broke as you can get.

      Because of that I moved on to better things and am now enjoying a comfortable retirement.

      If we make taking even a minimum wage job preferable to staying on welfare, we can get these people to break those chains of dependency and start the climb to where they would like to be.
      Mike

      Liked by 9 people

      • G. Combs says:

        AMEN!

        Most small businesses will tell you they can not compete with all the welfare goodies. That means they either don’t hire.

        ONLY hire part time when absolutely necessary AND go the casual/contract labor route staying under $600 dollars a year by switching laborers continually. link

        Or just throw up their hands and hire under the table and joint the $2 Trillion Dollar Plus Underground Economy.

        Underground economies grow when governments become too oppressive and ordinary people start going rogue in order to live.

        “[…] Feige credits this large amount to a number of things.

        “Federal income tax evasion is an increasing function of the average effective federal income tax rate, the percentage unemployment rate of the civilian labor force, per capita real GDP, and the public’s dissatisfaction with government,” the report concludes.[…]”

        Liked by 1 person

      • Garrison Hall says:

        If you need a job, go to Houston.

        Like

    • rashamon says:

      Great post, Garrison. Retooling the U.S.of A. will be shocking. We became lazy for a while, but there’s nothing like the heart of American enterprise. You can see it on the faces of this new leadership.

      Liked by 6 people

    • CBDenver says:

      Recently my brother recounted a story about a Craftsman wrench he inherited from our father. The ratchet mechanism had stopped working. Based on the Craftsman promise to replace any tool that malfunctioned, he went to the store to get a replacement. He was pleasantly surprised when the salesman told him to go pick up a new tool, no charge. He was a happy customer!

      Liked by 4 people

    • Barnacle Bill says:

      Just a data point for anyone who hasn’t walked into a Sears recently – I was in Sears 2 days ago. I wasn’t there to buy tools but I walked through to see how much of the inventory was still domestically made. To my pleasant surprise, I found Craftsman hand tools that still say “Made in USA” on them – pipe wrenches, screwdriver sets, etc. So consider that the next time you need tools and are going to decide between heading to Harbor Freight or Sears. American toolmaking does still exist – here’s to hoping that it expands.

      Liked by 2 people

    • piper567 says:

      Garrison…when I was a kid, my Dad would not use anything except Craftsman tools.
      Once I was watching him do something in the garage, and he cracked a wrench. He told Mom we were off to Sears, bc they had a policy of replacing anything Craftsman for free.
      They were sure this was not gambling.
      60yrs later, I still have a few of my Dad’s screwdrivers and one of his hammers. Goodstuff.

      Liked by 2 people

    • bkrg2 says:

      Thank you Garrison, I really enjoyed your post. Brought back memories.
      I have a toolbox of 100% Craftsman hand tools over 20 years old – all made in USA (even the toolbox is Craftsman). Never broke a single tool. However, I did use wire cutters to cut a live 220 line. Cutter head melted – and Sears still replaced it for free – even though I was the dummy!
      It would be great if they would start making many of these tools in USA again.
      What would be even better? If someone would make screws, nuts, bolts, and nails in America! I can’t believe how many stripped heads I have made using my Craftsman tools on inferior screws!!!

      Liked by 1 person

      • Jmbuck says:

        Oh yes, those screws! I have had to go to square bit screws to get them to work at all. So frustrating. I can not wait for some quality products again. I am so sick of disposable clothing, shoes, small appliances, etc.

        Liked by 2 people

  12. decisiontime16 says:

    Rocky start. Gee, you mean China doesn’t want to have to change their 100’s of billions of dollars per year advantage? Shocker.

    Liked by 11 people

    • Jimmy Jack says:

      With a population that size, can you imagine what it will be like when the Chinese economy crashes? And the ghost cities tell me they will one way or another.

      Liked by 2 people

      • wolfmoon1776 says:

        I honestly hope it doesn’t. What I hope is that the Chinese leadership sees one way out. Trump’s way. Balanced, mutually beneficial trade. But if they don’t, I’ll just order more popcorn and beer.

        Liked by 3 people

  13. Plain Jane says:

    Let us start by not buying any food products nor infant toys from China. Our people can do this without any gov help – if we collectivly have the will.

    Liked by 9 people

    • GrantsLounge says:

      Let’s get this party started!
      If we can boycott Kellogs, et.al. we can just as easily begin to turn our back on Chinese imports.

      Like

      • G. Combs says:

        I am eating home raised lamb, chevron (goat) and veggies out of the garden. It is OTC drugs (vitamins, minerals, pain killers and antihistamines) I worry about. Oh well there is always Alex Jones…

        Like

    • Covfefe-USA says:

      I can’t imagine anyone buying food from China! I won’t even buy pet food from China. No way, Jose.

      Liked by 4 people

      • wolfmoon1776 says:

        My wife not only insists on “Made in America” pet food – if she even suspects fake labeling, no way. It has to LOOK made in America.

        Like

        • Gil says:

          Several years ago our dogs got sick from pet food, but American made. I have never bought garbage chewees or questionable foods from anyone. We were lucky it was mild illness for them and didnt kill them. Costco still sells dog food from China!!!! Its best to buy very carefully even now.

          Liked by 1 person

          • wolfmoon1776 says:

            I hear you. If it looks cheap, stay away! Even some of the expensive stuff is clearly low on QC.

            Like

          • Kathy says:

            Costco and dog food? Reminds me of the story my best friend sent me because she swore it was about my husband. It wasn’t, but he’s always been a wise-guy when people ask him stupid questions:

            A RETIREE’S VISIT TO COSTCO

            Yesterday I was at Costco buying a large bag of Purina dog chow for Bodine and Roxy.
            I was in the check-out line when a woman behind me asked if I had a dog. (Good Lord, what did she think I had — an elephant?)

            On impulse, I told her, “No, I do not have a dog. I am just going back on the Purina Diet again.” I added that I did lose 30 pounds on it and that it was a perfect diet; the way it works is to load your pockets with Purina nuggets and simply eat one or two every time you feel hungry. The food is nutritionally complete and, because it worked so well, that I was going to try it again. (I have to mention here that practically everyone in line was now enthralled with my story.)

            After pausing for a minute, I went on to say that I was kind of reluctant about doing it again … because the last time I ended up in the hospital, waking up in an intensive care ward with tubes coming out of most of my orifices and IVs in both arms.

            Horrified, she asked if I ended up in intensive care because the dog food poisoned me. I told her, “No, I stopped to pee on a fire hydrant, and a car hit me.”

            Liked by 2 people

      • piper567 says:

        don’t think avoiding Chinese food is difficult…do watch for canned fruit.
        Definitely avoid Chinese pet products of ANY kind. Many many deaths have occurred as a result of Chinese dog treats. Well documented.

        Liked by 1 person

      • Blue Ridge Mts Va. says:

        Buying food from China would be some major insanity. None of it is any good. All of it is contaminated. My dog’s food is American made. I make their treats. CTH readers might want to check out the Dog Food Advisor https://www.dogfoodadvisor.com/

        Like

  14. Mike diamond says:

    Right on Wilbur!

    Liked by 7 people

  15. sundance says:

    Liked by 10 people

  16. snarkybeach says:

    As I often do, I listened to NPR on my drive home. The host had an Administration representative (think his name was Navarro) to discuss trade imbalance and China. At one point Navarro pushed back on the NPR host’s snarky digs at our President & Ivanka (they make their goods overseas) and he did it in a nice way. (NPR is such a storied institution, it’s beneath them to take pot shots at the President, or words to that effect.) It’s so refreshing to hear some pushback again the MSM bias. Made my day…

    Liked by 5 people

  17. missmarple2 says:

    The only thing I know to do is stock up on canned mandarin oranges. LOL!

    Liked by 9 people

  18. rsmith1776 says:

    Mister Ed talks to Secretary Wilbur:

    Liked by 3 people

  19. vfm#7634 says:

    I kinda wanted to see the wolverines again.

    Liked by 2 people

  20. True Colors says:

    In economic terms….

    China has no possible way of replacing the USA.

    The USA can easily replace China any time that we feel like it.

    It really is just that simple.

    Prior to now, our politicians have been readily willing to sacrifice the good of America(that we have rightfully earned) for the benefit of the Chinese(that they have not earned).

    Now, you are about to see the opposite. We finally, finally, FINALLY have a president who is willing to sacrifice the (undeserved) good of China for the (deserved) benefit of America.

    Get your popcorn ready.

    Hammer ———> nail

    TC

    Liked by 8 people

  21. Trumpstumper says:

    LOL Wang Yang … Daddy used to call me whang yang… said it meant furren devil. 🙂

    Liked by 3 people

  22. vfm#7634 says:

    Trump administration = highly productive
    GOPe Uniparty Congress = unproductive

    Get ready to do some massive primaryin’, folks.

    Liked by 5 people

  23. Sylvia Avery says:

    Making Money on Fox Business this afternoon had Gordon Chang on to discuss this. He gave more details on the Chinese cooked chicken. He said their chicken is so bad the Chinese won’t eat it. They buy foreign chicken.

    He spoke about Visa and Mastercard. Apparently per the World Trade Organization they were supposed to be able to issue credit cards in China five years ago, but China does what they do best. The smile, they bow, and they do what they darned well please.

    It sounds like Wilburine has LOTS of material to work with on slapping the Panda.

    Liked by 3 people

  24. maiingankwe says:

    I started thinking a little bit what kind of companies/manufacturing we would need to replace China. For example, Spicer mentioned that there were parts we did not have in our country to make Ivanka’s shoes and some of the items our President sells.

    I think it would be pretty smart for some of the brilliant business Treepers here to research what it is exactly we need to replace China manufacturing, so we can make the whole product here.

    I think it would be an easy enough sell for investors and look at all the jobs that would be created. Plus, look at all of the profits a Treeper could make.

    I would love to look into it, but I live in Alaska and the the ability to transport the goods would be far more expensive than living on the continent. Plus, I don’t have the business smarts, investment money and so forth. It doesn’t mean I won’t keep thinking on what I can do, I’m just more limited.

    Now, if I could manufacture tourist goods here, that would be a different story. We have enough tourist products made in china to see here. It’s why I like our little arctic bear stickers that say, Made In Alaska.

    Liked by 3 people

    • WSB says:

      I like the ‘Made in Alaska’ label. The 50 States of American-Made. Maybe competition for Amazon. 50 distribution centers. And one for you, M!

      Liked by 1 person

      • maiingankwe says:

        WSB,
        About a year ago I had seen on tv how the Chinese were buying up cans of fresh air. They were like soda, aluminum cans. There was a Canadian company raking in the dough because they claimed it came from on top of a mountain.

        So of course I went my hubby with a business proposal. I thought the Chinese would much prefer clean Alaskan air to Canadian air. I said we had a yuuge pick of mountains, all we had to do was look around us.

        Unfortunately, his enthusiasm did not match mine and he shot it down with all of what I thought were silly reasons. I seriously believed we could make it rich and kinda give to the Chinese as an added benefit. Oh, I’d give them fresh Alaskan mountain air, but I’d be making a profit off of them as well. They sure make enough off of us. I’d be smiling all the way to the bank.

        So, I’m back to the drawing board in hopes of an idea easy enough for me to accomplish. I wanted to do tourist tee-shirts with hunting and fishing sayings on them, especially for women, but that got shut down too. I still have a small note book around here somewhere with all of my fine and funny sayings. I haven’t completely written it off.

        Stay smiling,
        Ma’iingankwe

        Liked by 1 person

        • WSB says:

          Keep at it, M! We can keep putting our heads in a huddle!

          A natural Alaskin skin scrub with an essence that is truly Alaskan would be wonderful. You may have a native plant that could bring the spirit of Alaska down to the lower 48. Anything naturally made in Alaska would be great!

          Liked by 3 people

          • maiingankwe says:

            Dang it WSB, you’re good. Here I’ve been wondering off and on throughout the years and you come up with something that could be absolutely brilliant! I tip my hat your way.

            Now if only we had natural sea salt like Israel uses for their famous scrubs. I will have to see what ingredients are often used and take a better look into our plants.

            I’m pretty good with plants, I took a plant ID class in college. 🙃
            Honestly though, plants are right up my alley. I’ve always had a knack with identifying them and understanding their properties.

            Thank you for your amazing help. I promise to get back to you after I do some real digging.

            If I could give you a yuuge hug right now I would, and I’m not a huggy person with non-family members. You did good.
            Ma’iingankwe

            Liked by 1 person

    • Gil says:

      Theres no reason why cute trinkets and artsy bigger things cannot be made local. Its more valueable as a token reminder than anything from China. In my book its more of a conscious commitment to treasure a locally made item than just “buying stuff”!

      Liked by 2 people

  25. wheatietoo says:

    Sundance: “We are going to economic war with China!”

    But we’ve already been in an ‘economic war’ with China.
    A war that we’ve been losing…because we haven’t been fighting back.

    Wilbur Ross has been saying this for years.

    China thinks we are pampered fools who deserve to lose, because we have been letting them take advantage of us!

    A trade ware is not as dire as the enemedia would have us believe.
    What is dire…is letting things go on in the present course that we’re on.

    China wants world domination.
    They see this as their only solution to their population problem.

    China wants our land…because our ‘bread basket’ is the greatest food producing real estate on the entire planet.
    Their long-term plan is to take over our land, by whatever means they can.

    China knows that a military takeover of the US would be messy and they might lose.
    They don’t want to use nukes…because that would render our land unusable.

    So China has been going the economic route.
    They want us broke, in debt and on our knees…so they can take over our arable land without ever firing a shot.

    We cannot let this happen.

    Liked by 6 people

  26. Donna in Oregon says:

    The only nice thing about China buying into the interior of the USA. We can freeze their assets.

    Liked by 2 people

  27. A2 says:

    Firstly, the cancellation of the press conferences after the CED meeting was done first by the US side and then followed by the Chinese side. No explanations given, though a written statement was issued by the US, China has yet to respond. If I speculate as to why, it is in line with others that there was nothing to report. I also suspect that if questions had been allowed, the US and European press would have asked off-topic embarrassing questions about the disgraceful treatment of Liu and his wife. That’s a ‘hair on fire’ topic to the Chinese.

    Here is an English print-out of Wang’s opening remarks if you are interested:
    http://en.people.cn/n3/2017/0719/c90883-9243640.html

    The Chinese CCP mouthpiece press has editorials that basically follow Wang’s speech, except with a few intriguing insights as to how they approach ‘reciprocal’ and ‘free/fair trade’. For a command and control economy it is an interesting look at how they essentially don’t understand what that means. It will be a significant breakthrough if Secs Ross and Manuchin can make them understand one way or another, otherwise the road to all that well touted ‘cooperation’ will be a rocky one indeed.

    For some backcloth, Xi is in the process of consolidating his power before the 19th party congress. He has eliminated a threat from a chief contender Sun Zhengcai and moved one of his cronies, Chen Miner as chief party boss in his place meaning he will most likely be appointed to the Politboro. So the ‘corruption crackdown’ and ‘ideological cleansing’ of the party is intensifying.

    This is accompanied by the consolidation, not elimination of SOEs (State Owned Enterprises). Again, this points to a diametrically opposed economic move to ‘fair/free and reciprocal’ trade.

    The Chinese government fears, as they should, sanctions and tariffs. They have hit out at the US over sanctioning of Chinese companies trading with Iran. They are also worried about their financial sector ‘Bigly’, for corruption as well as hidden local debt that runs in the trillions.

    For now, Xi wants no major economic MOABs or ‘grey rhino’ events before November and the big Party shindig.

    (grey rhino event is a Chinese saying similar to a black swan event, but for reasons well known).

    Liked by 1 person

    • bkrg2 says:

      thanks for posting the transcript. interesting read and good to see the China side of the story. I’d say Wang’s comment sums it up well “the China-US ship is on the right course”
      He does acknowledge that there are some issues (like integrated circuits), yet cites the trade imbalance because of US restrictions on exports (in other words, its our fault we won’t ship them more…)
      Check your seatbelts, it’s gonna get bumpy!

      Like

  28. G. Combs says:

    For historic background READ: Lessons of history: China’s century of humiliation
    Don’t ever forget Britain’s Opium wars with China because they certainly haven’t. (The USA is now the recipient of the Opium War from the same source -Afghanistan, by the same source, the European Elite.)

    And then read this American Thinker article from 2014: China Picks at the Scab to Keep the Wound Fresh
    ” Why would China want to disturb the peace of the world? The roots of the coming conflict go back to early last century.

    The notion of China’s humiliation at the hands of foreigners is almost one hundred years old. […]

    The current Chinese leader, Xi Jinping, is the first of the “heirs” to take power. As the son of a communist general who fought the Japanese and the Nationalists, he is a princeling, a member of the new hereditary aristocracy. A passage from an essay by the Australian defense analyst Paul Monk is very telling on the subject of what President Xi intends for Asia’s near future: “

    In any case, Xi Jinping, despite his genial smile, good English, and familiarity with the United States, is no reforming liberal. Shortly after assuming the presidency, he took all the members of his politburo with him to the bizarre museum the Party has built in Tiananmen Square – the museum of national humiliation and revival. He pointed out to them the exhibits showing the arrival of the Jesuits via Macao in the sixteenth century and how this had been the beginning of the infiltration and humiliation of China by the West. He pointed out the exhibits showing the Japanese invasions of China and making the unfounded assertion that the Japanese were defeated by the Communist Party with a little help from “good” Nationalist generals. The Americans, he said, then became the enemy. “Against this external enemy,” he told China’s inner group of top leaders, “we must stick together.”

    From even earlier in 2009 BEFORE the FED doubled the US money supply:
    “Meanwhile, China’s Premier Wen Jiabao says he’s “worried” about the health of China’s $1 trillion worth of U.S. Treasury bonds. The consequence of a slowing U.S. economy, weakening stock market and massive government spending are threatening to send the dollar lower over time, devaluing holdings like Treasuries. That doesn’t, however, mean China will sell its massive bond holdings, since there are so few places for such huge pools of capital to go these days (that of course, is not a good thing). Quoted in the Financial Times, Luo Ping, a director-general at the China Banking Regulatory Commission, put it more bluntly:”

    “Except for US Treasuries, what can you hold?” he asked. “Gold? You don’t hold Japanese government bonds or UK bonds. US Treasuries are the safe haven. For everyone, including China, it is the only option.”
    Mr Luo, whose English tends toward the colloquial, added: “We hate you guys. Once you start issuing $1 trillion-$2 trillion [$1,000bn-$2,000bn] . . .we know the dollar is going to depreciate, so we hate you guys but there is nothing much we can do.”
    http://www.usnews.com/blogs/the-ticker/2009/03/13/signs-of-stress-warren-buffetts-downgrade-chinas-treasury-jitters.html

    Liked by 2 people

  29. cup of Joe says:

    We did away with slavery in the USA and many people shed their blood to do it. So why is it alright
    to have Chinese slaves. They have no rights but only what the government allows them, like one child per family/ also I think they have forced abortions. Maybe we should make sacrifices and not buy anything from the Chinese Slave system. A far less sacrifice than the many who died in the our civil war.

    Liked by 1 person

  30. Jim Peters says:

    Trump will cut China out as an exporter to the US and replace it with a mix of US-based manufacturing & Indian exports (under an advantageous India-US BTA)

    Xi shouldn’t have played The Donald, VERY bad move on his part.

    Liked by 1 person

  31. Paul says:

    This soo awesome. Can put in words the seriousness of this . Im so excited about this and we should all be happy about our position with so much leverage. And to add to it is we as america finally have a true President that will enforce victory. O thank god .

    Liked by 1 person

  32. Paul says:

    Ive seen some great fights in my time in sports but nothing like this and trump is going to show us how its done!!!!

    Like

  33. Donna in Oregon says:

    One of the character traits I love about President Trump is every, single time it looks like things are going down he hits back twice as hard. MAGA 🙂

    Like

  34. Risin'Tide says:

    Wilburine!

    Like

  35. trapper says:

    This will be a war of many fronts, since the globalist corporate fascists will align with China against Trump and the US. They all have no idea who they are dealing with. They, and the rest of the world, are about to find out.

    Go T!

    Like

    • William Ford says:

      Yes but this action will only last 4 years. The GOP wants Trump out and will sabotage him. They are doing a good job of it. I doubt this American renaissance lasts more than 4 years. Then the Progressives will resume the destruction of America with the backing of the foolish American public.

      Like

      • trapper says:

        This is just the beginning. Trump is not the force. He is just the instrument we use. If they defeat Trump, they are REALLY, REALLY NOT going to like who we send next.

        Like

      • Jmbuck says:

        Exactly the reason, at the right time, he will go after the criminally insane Clintons and Obamas, et al and put an end to that hope. He did not but his and his families lives on the line to have it all go back to how it was after his 8 years. He will finish them off!

        Like

  36. William Ford says:

    A small percentage of the country gets richer while the vast majority has been getting less and less well of because of these idiotic trade and anti-economic growth policies for the last 20 years. Yet so many are afraid to change these policies or rock the boat. While that only leads to a continuing slow decline.

    Liked by 1 person

  37. Blue Ridge Mts Va. says:

    I don’t want President Trump to back down. I want him to fix this mess!

    Like

  38. Jmbuck says:

    What was that question to the Romans? Are you not entertained. Well, Yes, I am entertained.

    I gave up TV 2 years ago and do not miss it one bit. What fun this winning is! It is better than any suspense, thriller, or spy novel or movie you can find and what an education as well. It’s just hard keeping up with it all. Love, Love, Love Wilbur Ross.

    My 14 year old loved the article with the insight on the how the Chinese think, she is a great Aesop’s Fable fan as well. She gets it and thought the Chinese were stupid. How did they think it was going to work to take away all our jobs and prosperity and yet rely on us to still be able to buy all those goods to keep themselves afloat? They put themselves in a very vulnerable position.

    We had a great time talking about the future outcomes for her. Before President Trump her generation was facing that 20 trillion dollar debt to pay off, lower wages and fewer job opportunities but in just a few short months after the election we see the possibility that with trade deals and energy exportation that deficit can be greatly reduced and jobs will be back. Things are looking up for that generation and they know it. They will be perfectly positioned to reap the rewards. They will be the MAGA generation. What a huge change!

    Liked by 2 people

  39. jeans2nd says:

    Ya don’t say?

    US and China talks in Washington end in deadlock as threat of trade war rises
    The first Comprehensive Economic Dialogue came amid the White House’s threat to impose punishing tariffs on Chinese steel and aluminium
    (South China news)

    “A statement issued by the Chinese delegation only said both sides would promote cooperation in the manufacturing sector, improve communication about macro economic policies, as well as cooperating in the financial sector and its supervision.”
    http://www.scmp.com/news/china/policies-politics/article/2103362/us-china-fail-patch-trade-rifts-after-day-contentious

    Like

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