Ambassador Lighthizer Announces Chinese Tariff Review Expanding From 10% to 25% on $200 Billion Imports…

In June and July last year it became obvious President Trump was going to initiate a full-frontal geopolitical confrontation with China based on their ambitions for economic conquest.  We labeled the confrontation: Eagle -vs- Red Dragon.

Specifically around: intellectual property theft; massive U.S. trade imbalances; imposed tariffs, and ridiculous non-tariff barriers put in place by China, we anticipated the conflict would eventually force Beijing to drop the Panda mask and expose their economic intentions.  Additionally there was clarity within President Trump’s approach for any observer who was willing to accept the history of Mr. Trump’s views on the larger issues. In short, POTUS Trump will not back down.

In March of 2018 U.S. Trade Representative Robert Lighthizer completed a section 301 review of China’s trade practices.  [SEE HERE] Section 301 of the U.S. Trade Act of 1974 authorizes the President to take all appropriate action, including retaliation, to obtain the removal of any act, policy, or practice of a foreign government that violates an international trade agreement or is unjustified, unreasonable, or discriminatory, and that burdens or restricts U.S. commerce.  However, as talks with China progressed, President Trump shelved the 301 action to see where negotiations would end-up.

Due to the severity of communist ideology, and the intransigence of China to make any modification to their global economic plans, Chairman Xi Jinping made the strategic decision to elevate the confrontation in full Red Dragon mode.  The May and June, 2018, negotiations between the U.S. and China provided no progress.  The 301 review of China is now pulled back off the shelf, and President Trump assembles his trade-war strategy:

Washington, DC – U.S. Trade Representative Robert Lighthizer today released the following statement regarding further action under Section 301 of the Trade Act of 1974:

“On June 18, the President directed me to identify $200 billion worth of Chinese goods for additional tariffs at a rate of 10 percent, in response to China’s decision to cause further harm to U.S. workers, farmers, and businesses by imposing retaliatory duties on U.S. goods. I initiated this process on July 10.

“This week, the President has directed that I consider increasing the proposed level of the additional duty from 10 percent to 25 percent. The 25 percent duty would be applied to the proposed list of products previously announced on July 10.

“The Trump Administration continues to urge China to stop its unfair practices, open its market, and engage in true market competition. We have been very clear about the specific changes China should undertake. Regrettably, instead of changing its harmful behavior, China has illegally retaliated against U.S. workers, farmers, ranchers and businesses.

“The increase in the possible rate of the additional duty is intended to provide the Administration with additional options to encourage China to change its harmful policies and behavior and adopt policies that will lead to fairer markets and prosperity for all of our citizens.

“The United States has joined forces with like-minded partners around the world to address unfair trade practices such as forced technology transfer and intellectual property theft, and we remain ready to engage with China in negotiations that could resolve these and other problems detailed in our Section 301 report.”  (read more)

Each time China takes aggressive action (red dragon) China projects a panda face through silence and non-response to opinion of that action;…. and the action continues. The red dragon has a tendency to say one necessary thing publicly, while manipulating another necessary thing privately.  The Art of War.

President Trump is the first U.S. President to understand how the red dragon hides behind the panda mask.

It is specifically because he understands that Panda is a mask that President Trump messages warmth toward the Chinese people, and pours vociferous praise upon Xi Jinping, while simultaneously confronting the geopolitical doctrine of the Xi regime.

In essence Trump is mirroring the behavior of China while confronting their economic duplicity.

President Trump will not back down from his position; the U.S. holds all of the leverage and the issue must be addressed.  President Trump has waiting three decades for this moment.  This President and his team are entirely prepared for this.

We are finally confronting the geopolitical Red Dragon, 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.

Advertisements
This entry was posted in Auto Sector, China, Communist, Decepticons, Deep State, Dem Hypocrisy, Donald Trump, Economy, Election 2018, Japan, Legislation, media bias, President Trump, Secretary Pompeo, Trade Deal, Uncategorized, US dept of agriculture, US Treasury, USA. Bookmark the permalink.

165 Responses to Ambassador Lighthizer Announces Chinese Tariff Review Expanding From 10% to 25% on $200 Billion Imports…

  1. FL_GUY says:

    President Trump, the Dragon SLAYER!!!!!!

    Liked by 23 people

    • Stab, the unstoppable hero says:

      Yep. Gone too far to turn back now.

      Liked by 5 people

    • The Boss says:

      RINO slaying is next!

      Liked by 17 people

    • fleporeblog says:

      Your absolutely right FL_GUY! Our President is going to destroy the Dragon 🐉. He has positioned us perfectly for this battle. Look what has already been happening with our farmers. Our President has protected them in preparation for this War.

      The Eagle 🦅 loves the fact that our President is allowing it to stare at the arrows. It realizes that the fight with the Dragon 🐉 is for all the marbles.

      I absolutely LOVE it!

      Liked by 14 people

    • USTerminator says:

      China will negotiate trade deal if the Republicans hold the House after the Mid Term. Right now they is staying put to see if Dems will come to their rescue. You can bet your money where the Chinese money going for the Midterm

      Liked by 5 people

      • snarkybeach says:

        I thought it was against the law for foreign countries to interfere in our elections… /s

        Liked by 7 people

        • USTerminator says:

          Hillary proved the Democrats collusion with foreign governments is ok. Problem is only with Trump’s faked Russia collusion

          Liked by 3 people

          • Doug says:

            China is making some noises they believe he will the repubs will stay in charge .. they know if they wait til after the election it will be worse for them.. they will blink first

            Like

      • Jan says:

        Excellent point!! Also, expect a rough patch or two with N. Korea–China’s backhand shot. Mid-term elections are VERY, VERY IMPORTANT. A lot is at stake besides trillions of dollars.

        Liked by 2 people

  2. ABN says:

    Great move. Been waiting a long time for this myself.

    Liked by 6 people

  3. I read somewhere that as the yuan is depreciated in value this depreciation somewhat offsets the tariffs harming US goals for this project. Anyone else hear this?

    I don’t know the rate at which the yuan is depreciating, but it has to be doggone fast if it is going to offset US tariffs. Thoughts? Does anyone know how fast they are depreciating the yuan? Is there any validity to this theory?

    Like

    • Mercenary says:

      The yuan depreciating makes their products cheaper and helps their export prospects, however, as far as I understand, there is also a danger in that as their population uses the currency, and if it is depreciated too much, it devalues their citizens’ money and could provoke social unrest.

      I do not know enough to know what the space is like between those two scenarios – depreciating to goose exports and devaluing their currency bad enough to provoke public anger – but those are the tensions inherent in devaluing their currency too much.

      It’s also a reason why Trump did not want Fed Chairman Jerome Powell raising interest rates, as that appreciates our currency and increases the gap between the two currencies’ values, harming the very aspect Trump is trying to address, namely the trade imbalance.

      Liked by 17 people

      • Sanj says:

        Internally for the Chinese people, currency devaluation is inflationary. If a loaf of bread costs 2 yuan, now it may cost 3 yuan. The government may try to impose price controls but that creates its own set of severe problems.

        Liked by 7 people

      • AngelOne says:

        Bingo. Powell sure turned out to be another slimy swamp creature attempting to maintain the status quo…It’s almost like the Fed doesn’t want America Great Again, propping up Obama’s failed policies while undermining Trump’s

        Liked by 5 people

        • technoaesthete says:

          The Fed is part of the globalist swamp. It was created by Rockefellers and Rothschilds among others.

          Liked by 5 people

          • Reloader says:

            Japan did the same thing with its currency, during the years that Japanese industry took market share and jobs from America. Japan taught China how to defeat the U.S.

            Like

      • IF the decline in value for the Yuan is used to make Chinese Exports cheaper, those products will FLOOD into the next-most vulnerable markets … leading those nations to freak out and erect Tariffs and Barriers to stop their SKYROCKETING Trade Deficits … leading the Chinese to attack the NEXT-most vulnerable markets … in a DEATH SPIRAL that ends in CHINESE ISOLATION.

        Liked by 6 people

      • GREAT point, Mercenary:

        The FED’s continual Rate Hikes, hiking the value of our currency, consequently
        • INCREASE our TRADE DEFICITS
        • Requiring President Trump to further Hike Tariffs to CLOSE THEM
        • KILLING the Globalists’ investments in Chinese Manufacturing more quickly and completely!

        The Globalists have created a FED Monster that’s eating their OFFSHORING Monster alive!

        Liked by 6 people

        • snarkybeach says:

          the modern day Fed only raises rates under Republican administrations

          Liked by 4 people

          • Mercenary says:

            Isn’t it ridiculous? Obama gets 0% rates for his ENTIRE presidency, blowing all kinds of bubbles, and when the Republican gets in, we have to tighten up monetary policy all of a sudden, burst those bubbles, and take the hangover for those Democrat drinking sprees. It’s absolutely maddening.

            Liked by 9 people

            • Reloader says:

              The Federal Reserve is just one more of the enemies of the American people. The Founders warned vehemently against such a thing. It is interesting though, that VSGPDJT is taking on perhaps the greatest of his foes first off –the foe that enables so many others– China.

              I have no personal experience, but I have heard that in a potentially violent Bar or in a prison or jail, if you identify the biggest, baddest killer and take him out first … everyone else will leave you alone.

              Liked by 1 person

        • Mercenary says:

          Exactly. Although I hear Pres. Trump is appointing 4 board members to the Fed soon. Not sure what effect that will have as I don’t fully understand the Board structure.

          I actually think that we ultimately DO want higher rates, as it incentivizes savings and rewards loyal citizens who place their money in the bank with steady interest. But now is not the time. I agree with Trump. The boom is still in its’ infancy. We must let it roar, we cannot choke it by tightening things up. Let the economy boom, and as we reach the roaring peak and after we’ve negotiated our trade deals, we can tighten the interest a little.

          Liked by 5 people

          • Well thought out!

            After 8 years of stifled GDP Growth at 1%, we’ll need 8 years of GDP Growth at 5% to simply catch up to where we should have been.

            Then we’ll need another 3% to pay down the all-fired important-to-Libs DEBT that Obama accumulated.

            Liked by 4 people

            • Mercenary says:

              Literal decades of horrific policy that Trump is trying to make up in record time.

              Even right now, he is having to get jobs for all of the people who Obama kicked out of the workforce BEFORE we can see real, explosive wage growth. People forget we used to see 5%(!!!) wage growth routinely. That’s what happens when you have a nice, tight labor market. Now Trump has to make up for years of unemployed people, get them all back into the labor market, and tighten it up before we see wage growth.

              Imagine if they implemented rock-solid E-verify laws bringing the hammer down on any employer hiring illegals. I personally think that would cause a 2-3% increase in annual wages ALONE, if not more. It would tighten up the labor market like nothing we’ve ever seen.

              Liked by 10 people

        • pyromancer76 says:

          0 rates are not good or healthy in the long run. With 0 there is a pretense that money grows on trees. There is no reward for saving that then increases the real amount available to borrow that, in turn, rewards savers. We left this “usual” way of operation way too many years ago. We need both savers and investors and risk takers with real money and real interest marking the investment and the risk working for us in the real world.

          At the same time, continued or fast interest rate raises is not good for the economy.

          Liked by 1 person

      • svenwg says:

        If the yuan devalues too much China 🇨🇳 faces the very real possibility that foreign investors pull their money out of their economy.

        China is awash in debt and already more than $1 Trillion has been repatriated by Foreign Investors leaving around $2 Trillion in the Hang Seng.

        If foreign investors pull their money because the devaluation of the yuan devalues their dollar, euro, pound and other hard currency investments, the whole house of cards the Chinese economy is built on will collapse.

        If that happens, the historic norm of Chinese insurrection and peasant uprising will manifest itself, bigly, bringing the communist government down and it would not be surprising to see a few hundred million people being slaughtered in the process.

        This is the leverage that President Trump holds over China and the longer the Chinese Communist Central Committee refuses to accommodate President Trump’s request for fair and reciprocal trade the more likely the Chinese economy will collapse under the weight of the tariffs placed on their cheap subsidised products they foist on the rest of the world.

        Liked by 2 people

        • Mercenary says:

          Great input. It seems their only option is to simply take the tariffs. If they retaliate, Trump only retaliates harder. If they depreciate, they destablize their economy.

          And yet, if they take Trump’s tariffs, manufacturers start moving out of China anyways. Or their trade with the US goes down due to more expensive goods, causing less work for their people and destabilization anyways.

          It appears as if Trump is seeking to destroy them any way they turn. That’s the problem with constructing such a fake economy – it is incredibly vulnerable.

          Like

    • redline says:

      I may have this wrong, but I think depreciating currency also drives up the price of imports, notably, in the Chinese example, oil and natural gas.

      As the trade war continues I expect a closer relationship between China and those energy suppliers unsympathetic to American interests.

      Liked by 6 people

      • Tseg says:

        This is why China had been fighting like made to move the Petrodollar from US currency to theirs. Luckily it never took hold… maybe Venezuela went all in. Things will get very pricey for energy in China. The US is self-sufficient with food and energy, China neither.

        Liked by 6 people

        • Guy Bee says:

          A depreciate Yuan increases the number yuans needed to buy the same amount of American goods (assuming the dollar value does not change.) This increased cost means inflation in China.
          By adding tariffs, it increases the cost of Chinese products being shipped to the US. That makes purchasing them less attractive to the US market and makes our goods and services more competitive.

          Liked by 1 person

        • Jedi9 says:

          Not to mention the squeeze being put on Iran from the sanctions where China gets almost 70% if it oil from! This is one aspect that everyone here in Asia is talking about because the price of fuel is going up!

          Liked by 4 people

      • Well given US is now biggest producer of world energy, I speculate with our technology we also have good prices.

        For one, I think US has more natural gas than anywhere anyway. I’m guessing infrastructure is a big deal to get the energy over there too. So probably we have that too in the form of ocean going vessels.

        As I see it China declared war on us, not we on them. We are just trying to even things out.

        Liked by 1 person

    • Bert Darrell says:

      Cedarbrookblogger: I don’t know whether the depreciation strategy you mention does or does not offset the impact on China of increased US tariffs on their exports. However, I do know that tariffs are applied on the US dollar value of imports as they come in. The tariffs go to enrich the US treasury, thus reducing the US deficit. Reducing deficits also decreases the interest that must be paid on such debt.

      Moreover, tariffs will need to be recovered by the Chinese exporters (unless they enjoy losing money, which I doubt). This will increase the price of imports sold in America and encourage local competitors to produce those imports here at equal or lower prices. The latter will result in the creation more businesses and jobs. The American treasury will benefit from these events, collecting more taxes, further reducing our deficit.

      Not to be ignored is the fact that China exports to the US approximately five times the value of imports they take from the USA. A tariff war clearly benefits the US because we can either produce some or all of the products ourselves or buy them from other countries with whom we have free, fair and reciprocal trade. Of course, China can also buy elsewhere but the 5-to-1 ratio works to our advantage and not everything they buy from us is available elsewhere.

      Finally, let’s address the elephant in the room: Intellectual theft. Where else is China going to steal creativity/designs/methods/innovation generated in America and worth hundreds of billions of dollars when we shut off the US intellectual spigot? Very especially, when there is a US President intent in stopping the theft.

      Liked by 13 people

      • Beautifully described, Bert.

        “The tariffs go to the U.S. Treasury, thus reducing the U.S. Deficit.”
        • They can, of course, also be used temporarily to support our exporters hurt by China
        • They will be paid by the NEGOTIATION LOSER between Chinese Exporter & U.S. Buyer … recognizing that Buyers who source elsewhere multiply the LEVERAGE of Buyers who have yet to abandon Chinese Manufacturers who refuse to pay the Tariffs.

        In short:
        NEW RULES: We WIN, They LOSE. 😁

        Liked by 4 people

    • Payday says:

      The Chinese depreciated it 6%. Originally a10% tariff is a net -4% for them. Now it will be a net -21% for the Chinese.

      Liked by 1 person

    • Yuan devaluation is driving both foreign and domestic investors to flee China.

      It’s no doubt stifling further investment in China as well.

      Liked by 6 people

    • ristvan says:

      Simple econ tutorial on currencies and trade.
      Almost all ‘long’ term contracts are demoninated in dollars, for good reason. (Oil, ag, metals…) Reason is US is the largest, strongest, and most stable economy with a corresponding Fed Res. In anything other than a spot contract, long term price stability is desired by any business person. So dollars rule.
      China knows that. So, as reciprocal tariffs shrink their trade advantage, they devalue the yuon currency so more yuan per dollar. (Devaluation is easy. Print yuan for internal inflation, and external value falls.) Now inside China, inflation is bad, so cannot go on long term. For short term exports, means their yuan prices are cheaper. BUT for short term imports, means more expensive to China. Oil, gas, coal, iron ore, jet airplanes, all the China basic imports. That is on top of the manupulative domestic inflation
      The beauty is, as the China trade surplus shrinks thanks Trump bilateral reciprocity policy, the less this currency manipulation ‘fix’ trick ‘works’ even short term. Another Trump win.

      Liked by 6 people

      • Daniel M. Camac says:

        Rist, I’m a scientist not an economist so I had to read your comment twice for full comprehension but after doing so I come away with a deeper understanding and appreciation for what’s happening here and better understanding of VSGPDJT and his team’s strategy to defeat The Panda/DRAGON….or at least put it in a cage.

        Like

    • Donna in Oregon says:

      Normally I think it’s 41%….but POTUS promises say that he will label China as a currency manipulator.

      So they can’t really play that card either….

      Like

  4. Dobegirl says:

    Go for it President Trump.
    You’re the one that can do it.
    We are behind you all the way.
    MAGA

    Liked by 9 people

  5. scott467 says:

    “Each time China takes aggressive action (red dragon) China projects a panda face through silence and non-response to opinion of that action;…. and the action continues.”

    _________________

    That’s just smiling while you stick a knife into someone, hardly the kind of thing any real Panda would do. Sounds more like Jack the Ripper.

    The real Pandas seem quite peaceful… they ought to be angry at China for trashing their reputation.

    Next time Trump’s trade team meets with China, they should explain that Pandas are peaceful, and give the Chinese trade delegation a Jack the Ripper mask to hide behind.

    Liked by 2 people

  6. Our POTUS rocks! He has put an Awesome team together. I need more Winning! There hasn’t been nearly enough yet!

    Liked by 3 people

  7. scott467 says:

    “The eagle on the original seal created for the Office of the President showed the gaze upon the arrows.”

    _________________

    Who changed it, and when, and why?

    Liked by 2 people

  8. wolfmoon1776 says:

    SYMBOLS. DOWNFALL.

    Liked by 7 people

  9. gingergal says:

    Fox news just reported China going after Trump’s base with retaliatory tariffs regionally. I take it with a grain of salt since Fox is the new CNN, but how could we even come close to a position where another country has the power to threaten us in such a way?

    Liked by 3 people

    • Grandpa says:

      The agricultural states are VERY nervous about having a market for their grains. A very large percentage of crops are financed, into leased ground and tended with leased equipment. A market disruption is now like dominos falling.

      Liked by 2 people

      • Curry Worsham says:

        Hence the 12 billion.

        Liked by 8 people

      • My Magic Wand says:

        Well, that is a common practice of the business world, that is what also brought us the housing crisis, and once again we have a bailout of 12 BILLION taxpayer dollars to the corporate world since they have over leveraged themselves so that their cash flow will not cover a down turn because they have sucked off and spent the profits without ever a though of a rainy day fund.

        I understand that this was a deliberately caused crisis by China / USA / PDJT, but we cannot continue down the road of TRILLIONS of dollars sucked out of the USA or this WILL get much much worse in the future.

        Family farmers OWN their equipment generally and will most likely be OK as long as this is not a long term situation.

        I am a business owner, and I OWN my equipment, I managed to make it thru BHO years and more, It just took more work.

        Poetic justice for the over leveraged corporate farms that bought up lots of family farms, as far as I am concerned.

        Liked by 4 people

        • Jan says:

          When the going gets tough, Americans get going!! That purpose has always kept this country going thru all the wars and hard times. What the illegal immigration, refugees and chain migration–that “glorious” diversity that the Dimms are so wrapped up in to bring the poor of the world here–is doing is destroying America because these people don’t want to assimilate, don’t understand or conform with our laws, don’t speak English, And–worst of all–deem themselves entitled to full rights of citizenship without being real citizens of America. Real citizens assimilate.

          I highly recommend this article/speech given by former Colorado governor Richard Lamm 15 or so years ago. It describes in a nutshell what’s at stake because Americans must be willing to put up with temporary personal setbacks in turning our trade policies around.

          Here’s the article link: http://michellemalkin.com/2008/02/09/i-have-a-plan-to-destroy-america-by-richard-d-lamm/

          Like

    • Suzanne says:

      The demonrats blatantly provided Canada with a list of things upon which to impose retaliatory tariffs based on what is manufactured in what state that the Dims want to have vote against Trump/the GOP in the mid-terms
      It would be safe to bet that they provided a similar list of requests to the Chinese.

      Liked by 4 people

    • alliwantissometruth says:

      Because our own ridiculous & corrupt government allowed China to steal our technology & other secrets, & they’ve used them to build up their economy & military might

      Always look to our own political scumbags when President Trump has to work extra hard to straighten out massive problems

      Liked by 3 people

    • NIN JAH says:

      I believe I read that Canada is also similarly targeting their retaliatory tariffs at Trump’s base,regionally as well. Apparently after careful consultation with the DNC. I think it was Sundance who wrote that. I may be mistaken.

      Liked by 2 people

      • SwampRatTerrier says:

        Sundance linked to the Canadian National Post that ran that.

        They increased tariffs on things made in purple districts (to try and swing them Dem blue this fall). Things such as artic clothing, rubber erasers, and even U.S. produced maple syrup.

        Liked by 1 person

  10. MattyIce says:

    Notice he punishes swiftly and harshly too. He didn’t say go from 10% to 15%, nope 10% not working, fine 25%! If memory serves, he did this with the initial tariffs too! Went from 60 billion to 200 billion! He makes them not want to see what’s the next step, it’s too harsh.

    Liked by 10 people

  11. quintrillion says:

    What is astounding is we have had this information and tool since 1974 and this is the first time action has been taken to correct China’s corruption. No wonder China feels bold and threatening. They must have bought off many thousands of American traitors since 1974.

    Liked by 14 people

    • davidb says:

      they own TURDle McCONnell, and dozens of other senators…thats why they are bold and think they can win. If the senate got some kind of stomach disease from eating free expensive sushi on tax payer dollars, then $hit themselves to death, the Chinese would fold like a house of cards and sign a fair trade agreement.

      Liked by 4 people

    • Reloader says:

      In 1974 anyone in gov’t concerned enough to worry about such things were trying to fight Japan, — Japan, INC.– which was doing the same things to steal industrial market share by dumping products, manipulating their currency, establishing tariffs and non-tariff barriers and targeting major U.S. companies to defeat. That is what became a major problem for General Motors, and the weak U.S. gov’t did nothing to stop the criminal Japanese.

      Liked by 1 person

  12. Arthur says:

    KUDOS President Trump !
    I didn’t think he’d have the b*lls to really escalate it. One has to wonder how this man can even sit down :).

    So much more so when every political consideration would say “Don’t rock the boat before the mid-terms”. That’s what China thought too : they’re a dictatorship so they can take the pain, they don’t vote. While if they hurt purple/red states, Trump couldn’t take the heat with elections coming.
    Still he did.

    Donald Trump has been saying for a long time – China has risen at the expense of the West. The treacherous corrupt political & economical elites gave them all the family jewels : technology, know-how, markets, capital. Gave it away for nothing, just pennies.
    The American workers had no real income raise in decades. Because it had to sponsor the rise of hundreds of millions of Chinese peasants into the middle class.
    It also had disastrous side effects: rise of China led to huge increases in gas/oil prices which helped immensely America’s enemies.
    Not to mention pollution, deforestation, wildlife destruction.

    Could be the ship has sailed though. Might be too late, but something had to be done. Nobody else would’ve moved a finger. Nobody but Donald Trump.

    But, with this, I think any chance of N.Korea de-nuke are gone. As Sundance’s been saying, N. Korea is nothing but a whole subsidiary of China. No way in hell China will allow N.Korea to give PDT another huge victory.
    Unless, maybe, if they’re brought to their knees. Some economists say China’s economy is nothing but a mirage made of credit, trillions in bad loans, rife with corruption and inefficiency. One only has to lean on them hard and the house of cards will crumble.
    If that’s true, China will behave like a good puppy, N.Korea will denuclearize in a jiffy – and Donald Trump will be known in history like “Donald The Great” :).
    Fingers crossed.

    Liked by 3 people

  13. Stringy theory says:

    We have your back, Mr. President. Rip that panda mask off and kick the red dragon’s ass. It’s high time we let the chicom’s know who has the winning hand.

    Liked by 7 people

  14. zooamerica says:

    https://tradingeconomics.com/china/stock-market

    China Shanghai Composite Stock Market Index 1990-2018 | Data | Chart

    The Shanghai Composite index dropped 52 points, or 1.8%, to 2,825 Wednesday following news that the US plans tariffs of 25% on $200 billion in Chinese imports and data showing China’s manufacturing sector grew at its slowest pace in eight months in July mainly due to a decline in export orders.
    —————

    “Mainly due to a decline in export orders.”

    !!!

    Look at the chart. China’s going to collapse.

    Liked by 5 people

    • Curry Worsham says:

      If our farmers and other affected sectors can withstand the onslaught, eventually China runs out steam (things to tariff – because of the imbalance) and collapses to the mat and WE WIN – TKO!
      Reminds me of Reagan, the USSR and SDI.
      They just couldn’t keep up.

      Like

    • bflyjesusgrl says:

      Charles Payne – Now’s the time, Shanghai stock exchange down 63% from high in 2005, export orders at 25 month low, almost every element of economy starting to crumble, spending lots of money, forcing banks to make cash loans on crappy debt, private companies going into default in record numbers, intellectuals criticizing Xi

      Liked by 2 people

    • CirclinTheDrain says:

      Yes. When your income is going down, your loan rates are going up via currency devaluation, you are going to be in a world of hurt. That’s what happens when expansion is financed, and the expansion falters.

      Like

  15. Now we’re TALKING!
    Chinese Crisis: Leadership Run On Depends!

    Yes, President Trump has concluded there is ZERO likelihood of ending $600 Billion in Annual IP Theft from America until and unless America’s Chinese Trade Deficit DISAPPEARS FIRST.
    … and a whole lot MORE!

    • Ban on Chinese Ownership of and Partnership with and Board Membership for American businesses.

    • Removal of ALL Chinese from any Entity and Sector where we discover Espionage or IP Theft.
    … That’s right ALL, because ALL are Communist-Government directed and controlled.

    • Terminated Currency Manipulation.

    • Reparations!

    Liked by 4 people

  16. alliwantissometruth says:

    “In essence Trump is mirroring the behavior of China while confronting their economic duplicity”

    Yep, & the Two Faced China mask is getting a third face put on, the “Worried / Confused” face

    Liked by 5 people

  17. SPANGLER says:

    The longer china stalls, the less we need them.

    Liked by 1 person

  18. SwampRatTerrier says:

    25 percent tariffs are a great thing.
    They’ll keep plenty of crap out while giving people plenty of incentive to manufacture high quality versions of the items here.

    Liked by 3 people

  19. Peter Rabbit says:

    Nowhere have in the MSM is a discussion of the 50% plus tariffs that Panda has put on our agricultural products. The up to 25% tariffs POTUS is proposing are small relative to what China is doing. In fact, the weak Chinese economy is at a crossroads and, with internal dissent growing, Xi’s grip on power could be challenged. Extraordinary debt, ghost cities, fake economic reports, China is weak and vulnerable. USA has extraordinary leverage and power. POTUS and team cannot be bluffed or bullied. Amazing time to be alive and witness every day. PR

    Liked by 7 people

  20. Zippy says:

    Chicom testicles, meet vice… and we’ve only just begun to tighten it.

    Liked by 1 person

  21. AlwaysRight says:

    It is high time someone put a halt to several of China’s numerous heavy-handed trade practices. Theft of intellectual property is egregious enough but the necessity to transfer technology in order to do business there is a form of inverse industrial blackmail.

    A great case in point was the requirement for Westinghouse to provide an immense amount of cutting edge Nuclear generation technology to the Chinese government in exchange for the “privilege” of selling them 2 power plants. Now, China has enough information to turn around and be the supplier of these plants to other countries. Westinghouse shot themselves in the foot with the 4 plants they were building here because while they are great engineers, they proved they are basically clueless about construction.

    Now, however, China has the exceptional designs and blueprints and they have proven they are quite competent in building complex structures. They forced their draconian trade practices upon a leading US Technology company knowing that the promise of some much-needed cash would make saying yes a bit easier. Obama’s State Depatment was all too eager to accommodate them. If the same scenario presented itself today, Pompeo and PDJT would tell them to go pound sand.

    Liked by 1 person

    • Zippy says:

      “When it comes time to hang the capitalists, they will vie with each other for the rope contract.”

      The idiots in charge of the many large corporations giving up, willingly or otherwise, their valuable IP to Chicom thieves in the hopes of a vast future market for their products in China are too stupid to realize that the Chicoms will simply use the stolen IP for domestic production and kick them out of the country. Total morons…

      Price’s Law – The square root of the number of people in an organization do 50% of the work. As an organization grows, incompetence grows exponentially and competence grows linearly. – Derek John de Solla Price was a physicist, historian of science, and information scientist, credited as the father of scientometrics

      Liked by 1 person

    • CirclinTheDrain says:

      I take exception to this part of your comment – China has proven over and over again that they can build nothing of worth and substance. It all falls apart in some cases before it’s even finished.

      https://www.engineering.com/Education/EducationArticles/ArticleID/410/Ever-see-a-12-story-building-just-fall-over.aspx

      China is known the world over for shoddy workmanship. Why anyone wants anything made in China is beyond me.

      Liked by 1 person

      • Zippy says:

        Being an avid follower of aerospace and military hardware and having been professionally involved in same prior to retirement I can say from an authoritative position that you are completely wrong. You make the huge mistake of underestimating your enemy by judging them based upon the cheap consumer junk they sell.

        Liked by 1 person

        • Reloader says:

          I have also followed aerospace development closely since 1979. Does your experience explain why China cannot build a working turbojet or fanjet aircraft engine?

          Like

  22. REPOSTED from July 20th:

    China’s annual theft of $600 BILLION in Intellectual Property from America is the REALLY big deal for Trade – in size, in scope of businesses and victims, and in complexity of perps and methods, not to mention the networks of infiltrations across industries, academia, national defense and governments.

    Our Tech Industries may not “GET IT” in time to save themselves in both global and ultimately our own domestic markets, as China leverages the stolen IP against them … having already completed China’s Stage 1 Strategy for “Economic Entanglement”.
    • It will take YEARS to “decontaminate” Infiltrations of Chinese Commercial Spies.
    • It will take YEARS to “disintermediate” DIRECT Chinese Suppliers.
    • It will take YEARS to “deconflict” INDIRECT multiplying Chinese-owned Foreign Suppliers.
    • It will take YEARS to “disenfranchise” Chinese Businesses marketing stolen IP in Foreign Markets.
    • It will take YEARS to “decontaminate” the CULTURE of CHEATING in Chinese Businesses, Industries and Government.

    Our Tech Industries clearly haven’t felt enough PAIN YET to generate the DESPERATION needed to reverse decades of COMPLACENT ENRICHMENT:
    • They’re still DISSING President Trump to WEAKEN the ONLY person capable of saving them.
    • They’re still FUNDING President Trump’s radical Leftist opponents to OBSTRUCT HIS agenda – delaying him from getting to THEIR agenda.
    • They’re still CONSPIRING with the UniParty, Deep State, fellow Globalists and YSM to CONSTRAIN President Trump’s work to leverage Tariffs to restructure International Trade for RECIPROCITY … which is the ONLY leverage that can ultimately work to protect against theft of Intellectual Property!

    IDIOTS.
    =====
    Swimming upstream against maximum wind and waves DOES severely limit how far we can go and how fast we can get there to turn China around.

    Our Tech Industries had better go ALL OUT for the Trump Train or doom their own prosperity along with America’s future.

    Liked by 5 people

    • For the next several generations, China is an EXISTENTIAL THREAT.

      IMO the “China Solution” must come last.

      • When the developed world has rejected their exports, in favor of “honest trade”

      • When the developed world has ejected their industrial and defense moles from businesses and institutions

      • When the developed world and underdeveloped world collectively disentangle Chinese from ownership of and access to resources they used bribery and blackmail to snatch from businesses and nations.

      The end game must be to turn the Chinese Cheaters inward on each other to save the world from Chinese Imperial Domination.

      Liked by 2 people

      • Zippy says:

        “For the next several generations, China is an EXISTENTIAL THREAT.”

        ABSOLUTELY! THE BIGGEST BY FAR!

        BTW, here’s a 2017 GDP comparison of “!!!!!Russia!!!!!” with three US STATES:

        California – $2.746 trillion
        Texas – $1.696 trillion
        Russia – $1.579 trillion
        New York – $1,547 trillion

        Liked by 3 people

    • Zippy says:

      You are one of the few I’ve seen who CORRECTLY points out that IP theft is a CULTURAL thing in China. They even steal like mad from each other and in their culture that’s accepted as entirely OK, even ADMIRABLE. More people need to understand that.

      “Shan Zhai” – A Chinese Phenomenon

      https://www.strategyand.pwc.com/media/file/Shan_Zhai_AChinese_Phenomenon.pdf

      The Shan Zhai phenomenon did not evolve spontaneously—it emerged as a result of both “soft” factors (Chinese culture, history, and the policymaking/regulatory context) and “hard” factors (market supply and demand).

      Liked by 2 people

      • sunnydaze says:

        The Chinese historically did/do not have such a thing as Copyright Law/ Plagiarism, etc. The concept just never existed.

        Liked by 1 person

      • Shan Zhai: Nice insights & reference, Zippy!

        Liked by 1 person

      • yucki says:

        They’re doing it wholesale in Israel as well.

        Israel is under massive Chinese, Russian cyber espionage attack
        https://www.ynetnews.com/articles/0,7340,L-5320392,00.html

        From the article linked above:

        Dr. Avner Barnea, a former senior officer in the counter-espionage unit of the Shin Bet and now one of Israel’s leading intelligence experts, says: “We don’t see the Russians much, but at the intelligence conferences I attend, there is a large presence of Chinese. Some are private companies’ representatives; some are obviously government representatives, they all speak excellent English.

        “Competitive intelligence is of great interest to them. When you try explaining to them that 80 percent of the world’s 500 largest companies deal with competitive intelligence–most companies are careful to do so only in accordance with the law, without the use of cyber measures, without recruiting agents, without committing espionage in the criminal sense – their reaction is always the same: they listen but some remain unconvinced.”

        According to Dr. Barnea, “the Chinese give you the feeling that they need deep espionage, and that overt sources are not enough for them. You understand very well what is going on, which they do not discuss.”

        Liked by 1 person

  23. Peter Rabbit says:

    Nowhere in the MSM is a discussion of the 50% plus tariffs that Panda has put on our agricultural products. The up to 25% tariffs POTUS is proposing are small relative to what China is doing. In fact, the weak Chinese economy is at a crossroads and, with internal dissent growing, Xi’s grip on power could be challenged. Extraordinary debt, ghost cities, fake economic reports, China is weak and vulnerable. USA has extraordinary leverage and power. POTUS and team cannot be bluffed or bullied. Amazing time to be alive and witness every day. PR

    Liked by 1 person

    • Reloader says:

      I would not be surprised to learn that a young Donald Trump was started on this course many years ago when he saw the criminal Japan, INC. using these same enemy industrial, financial and marketing schemes against the U.S. … as China has done recently.

      Like

  24. More Confused Was My Name says:

    If President Trump start to publically cozy up to Taiwan leaders. i.e visit Taiwan or have heads of state from Taiwan visit the W.H. China would panic and beg back for negotiations to solve trade. China worse nightmare is Taiwan gaining legitimacy from the West.

    Liked by 1 person

    • icthematrix says:

      The issue of Taiwan, as similarly to the issue of defeating China economically, still falls to the real threat of a major military conflict. There are lines that any country will not allow to be crossed without a military response. Such a conflict would bring enormous cost for both sides. While it is important to gain the leverage needed for change, do not expect to get everything. China policy must change, but an honorable bridge for retreat must also be provided to save face. Communist leaders will rarely lose all power when they have a strong military option.

      Liked by 1 person

    • Like the Foxconn Campus in Wisconsin?

      Like

      • Tesla Coiled says:

        IIRC, FoxConn is originally a spin-off of US Robotics (Remember the first 1200 Baud direct connect modems) in the early 1990’s in Desplaines and Nikes IL. It was first set up to manufacture the modems. Then the spun off to manufacture other companies electronics. So, it makes sense for FoxConn to come back home…

        Liked by 1 person

        • Just Scott says:

          Edit undo. Not correct. Foxconn was originally started in Taiwan.

          Like

        • Right under my nose!

          Like

        • Just Scott says:

          Sorry for the disinfo. Here is the correct information:
          Foxconn’s parent company Hon Hai Precision Industries started in 1974 making plastic knobs for TV Channel changing.
          In the 1990’s, Hon Hai began making cable assemblies for desktops and notebooks.
          In 1995 Hon Hai started making Dell computers from the raw steel to the finished assemblies.
          In 2003 Hon Hai started making LCD panels, and by 2012, started absorbing Sharp Electronics of Japan. By 2016 Sharp was fully taken over by Hon Hai.
          Hon Hai became the exclusive Intel board manufacturer in 2001, and Apple manufacturer in 2007.

          Liked by 2 people

  25. railer says:

    It’s amusing that the Swamp knows so little about politics. Meanwhile, Trump’s political instincts are stunningly perceptive and accurate. He knows this is the time to do this, right before the election, and he likely gamed this out in January 2017. No RINO would dare open his mouth about this, unless he’s a true Club For Growth paid neolib stooge like Johnson and Toomey, or a goner like Flake and Corker and Ryan, or a corpse like McCain.

    This is why Trump is itching for a shutdown over immigration. He knows this is the time to strike. The paid off hacks always complain that now’s not the time for this, but now IS the time for this. I still expect Trump has a shutdown plan in mind, and he’ll continue to threaten it and be ready to pull the trigger if the time is right. To govern is to choose, as they say. You make politicians choose, then put them in front of the voters. It’s refreshing to have a president who understands this and uses it for the benefit of the country.

    Liked by 7 people

    • Leverage:
      • Post-Election: ZIP. Just like 2017-to-date.
      • Pre-Election: MAX. Like never again.

      Drivers:
      • Promises Made, Promises Kept.
      • Dems already Assigned Ownership.
      • RINOs going Dem Lose Elections.

      Outcomes:
      • Republicans maximize the PR Drama.
      • Republicans pass the Trump Plan.
      • Democrats block in the Senate.
      • McConnell dumps the Filibuster 60-vote hurdle.

      NEW RULES: We WIN, They LOSE. 😁

      Liked by 2 people

  26. Wayne Robinson says:

    I can remember countless times when past presidents have criticised China openly for manipulating their money , dumping into our shores shit under priced to destroy our markets . One after the other they did nothing . President Trump will use all his authority to force fairness in trade or our shores will be closed to China and we win just by not dealing with them . We will be billions ahead hell we will have to import labor to keep up with our own manufactoring . Way to go Mr President . Fuck the Panda and the dragon if they do not want fairness to hell with them .

    Like

  27. sunnydaze says:

    I am so delighted that we finally have a Prez and Team who understand how to deal with China.

    I’m sure it’s a hard pill for the Chinese to swallow, after several decades of “dealing” with lame brain U.S numpties who happily folded every step of the way.

    Really can’t blame the Chinese for believing the old methods would still work.

    It’s a new world China! At least as far as the US is concerned.

    And the good news for China is, they WILL succeed economically, even if they play fair with others. They’re smart enough to do it, they just haven’t had to so far.

    Liked by 2 people

  28. peace says:

    I for one am sick and tired of buying so much stuff from China. I could only find one dehumidifer made by Frigidaire here in the USA. Most of the others for sale at Home Depot came from China. Next I needed a simple garden hose nozzlle. I went to ACE Hardware and left without a nozzle. Every single one was made in China.. Then I checked out Home Depot. Again, China, China, China…. Still no nozzle. I bet many American do not realize how much of their everyday stuff comes from China.

    Liked by 4 people

  29. Deusvult says:

    And it’s relatively easy for Trump to use the American buyer and economy as leverage on China.
    Pound for pound China can’t fight this for 12 rounds without going K.O.

    I feel like North Korea will be where the deal will be finalized and the NK and China Panda faces saved while trade will be solved.

    Nortk Korea opening up will be a huge boost for the world economy.

    Like

    • Zippy says:

      “Pound for pound China can’t fight this for 12 rounds without going K.O.”

      And that’s the key – who can take the pain the longest – who blinks first. Globalists are screaming in our globalist lapdog media while such criticism is not allowed in China.

      We need to endure long enough to kick them over the edge of the economic cliff where they reside due to shadow banking and massive debt that no one will want to buy ESPECIALLY if they devalue the yuan to make up for tariffs at which point there will be massive capital flight from China once again.

      Kick them over that edge and make the fat a**ed Chicom party members fear being strung up from the nearest lamp post when the billion plus unemployed and broke proles, broke because they foolishly invested in the vast Chinese housing bubble which will crash massively. That very fear is why China invested more on its internal police force in 2010 than they did on their military.

      BTW, the Iranian rial is also toast and getting worse. Thus, the Trump administration’s call for strong embargo enforcement. Let’s kick them over the edge, too. As of today, 1 Iranian Rial equals 0.000023 United States Dollar.

      Like

  30. Zippy says:

    “Really can’t blame the Chinese”

    In one way I disagree, in another I don’t. Theft is unethical, so they are to blame for that. However, they are NOT to blame for our government and corporations LETTING THEN DO IT.

    Like

  31. Bill says:

    China always has and always will have a “to many people problem”. They are not a emerging market anymore and should not have most favored trade nation status any longer. They cannot make it long without our money.

    Like

  32. itswoot says:

    Back in the day when American leaders were easily outmaneuvered to fall into traps set up by the Chinese…

    Liked by 2 people

  33. Daniel M. Camac says:

    I’m sorry. I’m not a violent person but after reading all these comments about trade tariffs, China aka Panda/Dragon, Canada/Mexico trade negotiations, EU resistance and of course the Globalists why doesn’t VSGPDJT just declare WAR on Mexico and Canada and give them 24 hrs. to surrender to our demands or face annihilation. F’ Congress, F’ the Left and F’ the Globalists. I am so tired of this BS although I know it is the “proper” venue to take but when Sh*thead politicians and pressitudes and the Democratic Propaganda Machine (with their RINO affiliates) start insinuating that our First Lady is a Prostitute THAT is the end for me. I know we, thanks to President Trump and his team, have won many great battles since he was elected but this crap has to come to an end. F’ BLM , F’ Antifa, F’ Media Matters, F’ Southern Poverty LC, F’ the Dems, F’ the Rinos. If WE (the Trump deplorables and all newbies) don’t get control of this country and our surrounding borders we are toast. /RANT off

    Liked by 2 people

    • Reloader says:

      All of us here feel exactly the same as you do.

      In my opinion, VSGPDJT feels the same, as well. I’m not sure where we get the restraint that we demonstrate EVERY. SINGLE. DAY.

      Like

      • yucki says:

        We get the strength because we know who we are.
        We’re blessed as citizens of this great nation: America, the “New Jerusalem”.
        We were born with self-respect, just as we respect others: Created in the image of the living G-d.

        From our bounty, we’ve given to the less fortunate. In treasure and blood, no country has been more generous than our own.

        Our abiding faith gives us confidence, our strength manifests His graciousness.
        Every. Single. Day.

        Liked by 1 person

  34. CHINA can’t bend the knee – it’s too late.

    They have to REVERSE the Trade Deficit.
    They have to TERMINATE the IP Theft.
    They have to PROVE they’ve done BOTH.
    They have to do this for American and our BILATERAL TRADE PARTNERS, TOO.
    How the hell do they do this in less than a DECADE?

    It’s impossible, and President Trump will never drop the Tariffs until they’ve DELIVERED.
    Why should he?

    Liked by 1 person

  35. CHINA can’t GO MILITANT – It KILLS the Xi EMPERORSHIP.

    Xi built his EMPERORSHIP on Belt-and-Road
    • First across Asia
    • Then through the Mideast
    • Up through Europe
    • Down through Africa

    Belt-and-Road [Slave-State] Hosts must Trust in China
    • To welcome Chinese Ports … then Bases
    • To allow Chinese-Built and China-Owned Infrastructure
    • To concede Chinese Exfiltration of their Mineral Resources
    • To condone Chinese Infiltration of Excess Population

    How the hell can Xi sustain Trust with a Military Response to Trump?
    IMPOSSIBLE.

    Liked by 3 people

  36. IT GETS BETTER, Tech-Giant Shadowbanners:

    Chinese Economy implodes.
    Chinese Business Value plummets.
    Chinese Debt Bubble explodes.
    Chinese Incomes disappear.

    That Trillion-person Chinese Market is worth
    … just HOW MUCH per Consumer?
    … for HOW MANY Solvent Consumers?

    Like

  37. 335blues says:

    In keeping with the Art of War, now we will hear the squealing of embedded agents
    of communist china crying that increased tariffs on chinese goods will seriously
    hurt the American economy. Well, at least we will know for sure who they are.

    Liked by 1 person

  38. mr.piddles says:

    Heard on NPR on the drive back from Albany today.

    “The U.S. Attorney’s Office says Wednesday 55-year-old Xiaoqing Zheng (JOW’-shing zehng) removed electronic files with company trade secrets involving its turbine technologies and hid data files in a digital photograph of a sunset. Prosecutors say he then emailed the picture to his email account.”

    Coincidence, I’m sure. He just happens to have a Chinese name.

    Liked by 2 people

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s