Bloomberg Reports: POTUS Trump Considering $200 Billion in Chinese Tariffs…

The financial media is all a flutter based on a Bloomberg report that President Trump is likely to apply tariffs on $200 billion in Chinese goods.  DUH !  Why do they think U.S.T.R. Lighthizer has been conducting open section 301 tariff hearings for the past week?  Of course President Trump is considering tariffs on $200 billion in trade goods; this approach is not exactly a secret.

Then again, most of the financial media are clueless about the larger economic strategy and how China ties into the negotiations with North Korea.  I digress.

The proposed tariffs are a supplemental action in response to China’s unfair trade practices related to technology transfer, intellectual property, and innovation, based on the findings in USTR’s investigation of China under Section 301 of the Trade Act of 1974. Tariffs on $34 billion in goods from China are currently in effect, and tariffs on an additional $16 billion took effect on August 23rd, 2018.

The issue is not *if* President Trump will apply the 301-tariffs, the question is *how* and *when*?

Only President Trump knows the answer to that question because everything about the larger strategy is only known by the person making the ultimate decisions, President Trump.

The goals are clear: leverage a more fair, equitable and reciprocal trade relationship with China; and also gain national and regional security for Southeast Asia with a denuclearized and stable Korean peninsula.

The $200 billion in 301-tariffs is a tool, leverage, nothing more.  President Trump is following a very logical sequence with multiple simultaneous actions.  Finalize the North American Trade Bloc using U.S-Mexico terms (possibly with Canada); then focus on the EU trade element, possibly doing a bilateral deal with the U.K. at the same time; then shift to Asia and specifically China.

The advancing Trump trade agenda has multiple fronts all coordinated by President Trump and his team: Commerce Secretary Wilbur Ross; Treasury Secretary Steven Mnuchin; U.S. Trade Representative, Ambassador Robert Lighthizer; with input and targeted messaging from NEC Director Larry Kudlow and Trade Advisor Peter Navarro.

Each member of the team has a specific region for review and strategy.  However, the larger direction of the team, and every specific action within each move, is coordinated by President Trump.

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This entry was posted in ASEAN, Auto Sector, China, Decepticons, Donald Trump, Economy, Election 2018, European Union, Japan, Legislation, media bias, Mexico, N Korea, NAFTA, President Trump, Trade Deal, Uncategorized, US dept of agriculture, US Treasury, USA. Bookmark the permalink.

127 Responses to Bloomberg Reports: POTUS Trump Considering $200 Billion in Chinese Tariffs…

  1. sundance says:

    Liked by 49 people

    • MB224 says:

      Droppin bomb after bomb….hahahahahaha

      Liked by 19 people

    • sundance says:

      Liked by 40 people

      • Shadrach says:

        This will be easier for people to accept, now that they have had their eyes opened to the stupidity of the Paris Climate Accords.

        Liked by 15 people

      • Trent Telenko says:

        The US withdrawal from the WTO is as much a hammer aimed at the E.U. as it is aimed at China.

        Think about it.

        Liked by 11 people

      • ForGodandCountry says:

        As this ^^^^^^ is written, so let it be done!

        Liked by 2 people

      • Daniel M. Camac says:

        SD, Is the boogy man really real? Haha. God I love our VSGPDJT and his little boogie men who look like wolverines but are really just folks with brains who can annihilate any adversary who steps in their path. Sorry if I use a lib author’s words but “Wolf! Here and now!

        Like

      • Sundance: Would you do a follow-up with the MECHANICS & IMPLICATIONS of a U.S. withdrawal from the WTO … and a possible concurrrent end run on the IMF?

        Seems like that a WTO exit would leave hangers-on at the mercy of China.

        I have no idea how the IMF might be neutered and whether it might dovetail with the above WTO scenario.

        Thanks for all you do and inspire.
        Absolutely stunning!

        Like

    • MIKE says:

      Oh man I hope he does… that’s more clearing out of globalist detritus… I wonder; is that parallel banking system he and sec. Mnuchin are creating a way to skirt the IMF in the future? I’m not a fan at all of “The Fund”

      Liked by 17 people

      • railer says:

        Notice nobody’s doing contorted backflips over Argentina’s fiscal troubles? Short years ago, that would have been the case. All the concerned globalists would have been all atwitter. Why, Christine Lagarde would have been forced to cut short her stay at her villa in the Seychelles to jet off and scratch her botoxed brow in Argentina. Today, it’s crickets, even the business channels barely mention it.

        Something’s changed, folks. It’s palpable.

        Liked by 13 people

    • Cheri Lawrence says:

      Hallelujah!!

      Liked by 2 people

    • Sunshine says:

      All this is having a major psychological impact on Canada’s Chrystia Freeland and her NAFTA negotiating team. The Lightizer deal must be hell on earth for them, all proposals that they can’t possibly accept without being seen as total losers.

      Liked by 7 people

      • nccosmiccurmudgeon says:

        When you try to play both sides of the fence, you usually end up with a fence picket stuck in a most uncomfortable place.
        We recently had a “team lead” turn in his notice so he could take a position with another company. OK, got to look out for yourself these days.
        Then he decides he will just not show up to work to finish out his notice. Again, not a good way to do things, but to each their own.
        Then he calls the department head saying the job he was offered fell through, and could he come back.
        A most Resounding NO! Seems the rest of the story was he left the place that offered him the job to come work for us; until they realized he had left without notice from them.

        So, in my opinion, President Trump even allowing the Canadians another chance at the deal is more than gracious or what would be necessary. I hope they take note and accept what we are willing to give.

        Liked by 4 people

        • MB224 says:

          You’re absolutely right that it’s more than gracious but there’s still just enough chatter for him to take the magnanimous road. But it’s actually a ruse. His “offer” is complete capitulation or nothing. Hilarious. Very Roman style.

          Liked by 6 people

      • Rex Brocki says:

        Do you have any idea how many Canadians want that witch (sorry, don’t mean to insult any witches out there!) and her evil boss out of office?? Do you know that we Canadians pay more than DOUBLE what Americans do for milk because of that “supply management Turdeau (spelling deliberate) is trying to save??
        Canadians for Trump!

        Liked by 1 person

      • Louis Genevie says:

        Of course, if they don’t accept the US-Mexican deal they lose their auto industry. Trump always knew he could get all of our trading partners between similar rocks and hard places. Let’s see how self-destructive each turns out to be.

        Like

    • glenndc says:

      SD,

      I’m sure you’ve noticed the encirclement of the PRC.

      1. EU agrees to zero/zero tariffs+non-tax barriers, other tariff countries notice (esp. China)
      2. Mexico agrees to content origination rules, which shuts off escape valve for China
      3. Canada will either agree or be tariffed, so again, another China escape valve is shut
      4. I am certain that there are other agreements in place in the last 12 months

      It is a systematic application of pressure while simultaneously blocking all escape routes. China has been played, and our financia press and regular press and our sttock brokers (Wall Street vs. Main Street, to quote you) are still hyperventilating about tariffs and free trade and have missed the encirclement.

      This is amazing, and beautiful to watch.

      Liked by 14 people

      • This geo-political-economic strategy on a grand scale.

        Donald John Trump will be studied as long as the word ‘strategy’ exists in the human lexicon.

        The Chinese are studying him intensely while the US ‘intelligencia’ whines or are rendered mute in bafflement.

        A great time to be alive!

        Liked by 10 people

        • Roger Duroid says:

          True

          Like

        • MB224 says:

          The Chinese don’t understand him because they CAN’T understand him, cultural psychologically. And they don’t understand him because they refuse to look in the mirror. This is typical Chinese- avoid the harsh truth at all costs. They have a phrase which they use for everything. It translates loosely as- “Nothing I can do about it.” I have no idea how anyone in their right mind thinks they can “value” an economy with thousands of ghost cities and building that are 3 years old already falling apart. There’s never been anything like this in history. Never.

          Liked by 1 person

          • Nope says:

            I’m convinced that all of the “ghost cities” are what’s propping up the Chinese economy and making it looking healthy–all of those cities require labor, supply chains, etc. which means a lot of money moving around.

            Like

        • Daniel M. Camac says:

          HT, Even better if we could wash ourselves of the never ending MSM anti-Trump diatribe. It is no longer a joke to read what they write. Although I haven’t read a “paper” in years I occasionally get some from my beauette who brings them home to burn in our “chimney”. OMG…..i read a few lines and then it’s POOF! But I agree it is certainly a great time to be ALIVE. I’ve been retired over 6years now and 2 years ago became the best times of my life. Saying that, my youngest son did have a son 2 years ago so that does enter into the equation but without VSGPDJT his future would have been abysmal.

          Liked by 1 person

        • Bud Klatsch says:

          The CHICOMS must be at a distinct disadvantage now because they cannot monitor our SoS emails on a real time edit any longer.

          Like

        • 6x47 says:

          The “US intelligentsia” isn’t mute in bafflement: They’re howling like baboons and flinging poo.

          Like

        • mutantbeast says:

          the Chicoms will NEVER have a Trump. There communist culture doesnt allow for it.

          Like

      • No country will be able to dump their product into the US market through backdoors.
        They have to deal directly with us.
        EU will agree easily and then China will have to do the same.

        Liked by 3 people

      • Bill says:

        I believe the word you are looking for is “containment”, not encirclement! Because the Chinese Communist party understands what the “containment policy” did to their Communist neighbor, the former Soviet Union! 🙂

        Liked by 7 people

        • mutantbeast says:

          All RR reallt did is let communism destroy themselves, as it always will do. Trump is on the same course, hes pretty much telling the Chicoms and EU the US is not subsidizing your commie asses anymore.

          Like

      • Jayne gilmore says:

        Stunning brilliance!

        Like

    • dufrst says:

      Trump withdrawing from WTO is inevitable. It follows the line that we have seen with Trump withdrawing from TPP, Paris Climate Accords, the Iran Deal, and now NAFTA.

      Trump will remake the trading system to ensure fair and reciprocal trade. I don’t think Trump much cares about so-called free trade. He wants trade that leads to a level playing field where if tariffs are used, they are matched by the other nations. He wants the trade deficits across the board to be minimized so as not to grant any nation a substantial advantage over any other. It’s a stunningly new trade paradigm he is trying to implement, but it will be the culmination of bilateral trade negotiations with Mexico and Canada (the US, 3rd and 2nd largest trading partners as nations respectively), the EU (the largest trading partner of US as a trade bloc), Britain after Brexit, Japan (the 4th largest trading partner), and according to Kudlow, there are forthcoming talks with Australia as well.

      I believe China (our #1 trading partner as a nation) is waiting specifically on the outcome of the midterm elections. I believe China is looking to see if Trump would have overcome the political heat that China tried to influence with their counter tariffs that targeted specific political constituencies in Trump’s base. This is why Trump is going to be campaigning, according to Kellyanne Conway, 40 days in these last 60 or days ahead of November. Trump understands the stakes, but does his base understand the stakes?

      If Trump prevails decisively, China may come to the negotiation table soon thereafter. I believe a deal can be made because Trump wants two things from China in my opinion over everything else; one the denuclearization of North Korea and two, the end of all practices that infringe on US intellectual property. I think Trump will allow China to complete their so-called one belt, one road (OBOR) initiative so long as China buys our agricultural products and our energy (natural gas, coal, and oil) in larger quantities. I believe Trump will allow a reduced trade deficit (perhaps $300-$500 billion over 5 years) but not so much as to imperil OBOR. I think Trump will demand an end to the trade deficit when OBOR is completed. He will give China 5-6 years to complete OBOR, similar to his demand for an exit clause in NAFTA that became the review of the trade agreement after 6 years. I think a deal like this with China would be a win-win, because China cares about OBOR and as it stands now with an ailing economy, that’s in peril if their downturn continues.

      If China persist no matter the outcome of the 2018 elections, then Trump will continue the bilateral trade negotiations with the other major trading partners and he will impose significant tariffs on the rest of Chinese exports to the US, valued just over $500 billion. Trump can simply ratchet up tariffs from 25% to 100% to get China’s attention. In the end, I think withdrawing from the WTO will be the trump card. It will end China’s exploitation of those rules and it will allow Trump to form a new trading regime based on the principles of fair and reciprocal trade vice free trade. Fair and reciprocal trade will lead to free trade, not the other way around which is what we got with the current global trading system vis a vis the United States. To that end, it would not surprise if Trump’s new regime simply links US-Mex-Can Trade Agreement, EU-US Trade Agreement, and perhaps a new TPP agreement on a bilateral basis enjoining Japan, South Korea, ASEAN and Australia (like he did Mexico and Canada with the new NAFTA), all together into the new global trading system.

      To say Trump is a masterful deal making genius beyond any of my expectations when I initially supported him and then voted for him is the understatement of my life! Not tired of winning! MAGA!!

      Liked by 6 people

      • MB224 says:

        I don’t think he’ll allow OBOR. Why give a nation that wants to destroy you a chance to cut off and contain an entire region? I think his next stop after EU is ASEAN. They don’t like China AT ALL. All they need is an option to reject their overtures. I just wish he wanted to crush China as badly as I do. Maybe he does and is just playing the game. I don’t see him stopping the tariffs until they reach $250 Billion. China can’t handle that for more than a few months. More than that and businesses will be forced to relocate and then the real implosion happens, that everyone has been predicting.

        Liked by 3 people

        • Ventura Highway says:

          Good timing to hit them with it as well, there economy is slowing.

          Liked by 1 person

        • Trumpeter says:

          I like your point. But the reason to not make that deal is trust. Would you Trust China to keep their end of that bargain?

          Smartest man I ever knew said “Contracts are for people you Trust. If you don’t Trust someone, no contract can protect you.”

          Liked by 2 people

        • dufrst says:

          I hope so! But he keeps saying he has such respect for Xi. Besides, there’s absolutely no denuclearization of NK without China. Got to get that done and formally end the Korean War.

          Liked by 1 person

        • yucki says:

          Foo-ey on their OBOR [aka BRI Belt-&-Road Initiative]~
          Foo-ey on their fantasies of Empire~
          – – To strangle India with “string of pearls” bases, colonize nations that are OUR allies?

          Get this:
          China, shoring up its navy, muscles into Pacific

          DALIAN, China — In April, on the 69th anniversary of the founding of China’s navy, the country’s first domestically built aircraft carrier stirred from its berth in the port city of Dalian on the Bohai Sea, tethered to tugboats for a test of its seaworthiness.

          “China’s first homegrown aircraft carrier just moved a bit, and the United States, Japan and India squirmed,” a military news website crowed, referring to the three nations China views as its main rivals.

          Not long ago, such boasts would have been dismissed as the bravado of a second-string military. No longer.
          https://www.wral.com/china-shoring-up-its-navy-muscles-into-pacific/17803020/

          squirmed ?!
          Over your souped-up junk? In your dreams, tool!
          ____
          This one’s also good for a laugh:
          Chinese Military Training for US Airstrikes

          A new Pentagon report says the Chinese military is training for potential bombing missions over the US. In addition, China’s air force is developing its nuclear capabilities. Should the rest of the world be concerned? not bloody likely

          Like

        • mutantbeast says:

          Red China frankly needs to be dstroyed. The entire economy of SE Asia could basically be rebuilt w/o feeling imperiled by Beijing. Look at the Phillipines, a country rich in natural resources, yet poor largely because Red China hovers close by.

          Like

      • Ventura Highway says:

        Great post. I am not sure that the average voter understands how huge these trade deals are, actually I am sure they don’t.

        Liked by 3 people

      • David Gaspar (Frankie) says:

        there will be no OBOR. all of these international trade moves played by the Trump team are to prevent OBOR.

        what lies ahead for the Trump team is managing China’s decline.

        what the US wants to prevent is a China collapse, which may cause a global calamity.

        but managing China’s decline will NOT include OBOR. managing China’s decline pretty much means making China America’s bitch.

        Liked by 3 people

      • GB Bari says:

        Well-articulated, thanks.

        I’m not agreeing with your belief that PDJT will structure his trade deal around allowing completion of OBOR. From what Sundance has written, that strategy is China’s attempt to dominate world trade at our (and Others) expense.

        Liked by 2 people

      • Jedi9 says:

        There will not be a deal with China! For the simple reason that also on the table of demands and a very important one is the forced acquisition issue. Another is full transparency of their economic reporting so to remove speculative arguments of currency manipulation. In order for China to change, means that they have to be willing to make whole sale changes of their policy structures within the Communist party itself, and that simply is not going to happen. With the additional of 200 Bil of new tariffs as a likely implementation, it will not be hard to conceive that China will retaliate yet again with more tariffs on their own. As Trump said, he is willing to go to 500 Bil in order to call their bluff, and once tariffs are put into place, they usually stay there once both economies get used to the idea and people have moved on. Like Trump said, China has been waging economic war with the US for quite some time, and he knows that collecting Tariffs from Chinese manufactured goods entering the US market is a way to take back the wealth that has left the country as well as bringing back manufacturing on US soil in order to get that part of our economy firing on all cylinders again! IMO, Trump does not want China’s BS manufactured goods, and the trade intensity will continue as the element of time makes everybody forget eventually and thus we all move on. The goal is to weaken China, who in their eyes didn’t become a 2nd Super power with Legitimacy. No in their eyes that was done by theft, and thus the US is now taking its turn on waging economic warfare on China.

        https://www.thegatewaypundit.com/2018/08/developing-chinese-govt-killed-and-imprisoned-18-20-cia-spies-after-penetrating-hillary-clintons-private-server/

        Remember and bookmark this story. Everything we are seeing relating to China is more adversarial than it is economic, however the preferred choice is economic warfare in which most deem China as the US’s biggest threat and will make China pay the price!

        Liked by 2 people

    • pyromancer76 says:

      Thank God. A more worthless group is hard to imagine.

      Like

    • 6x47 says:

      Now that’s clever – a WTO without the US is like shopping mall with no anchor store. Just a huge empty space with a faded “This Space Available” banner on the wall, and half the smaller spaces also vacant with just a cell phone store, a nail salon, and a hair-braiding place.

      Have fun kickin’ it with your buddy China, rest of the world.

      Like

  2. MB224 says:

    China will have to be punished and punished severely, before they learn. NK will be free and will be the next great economic boom for US and South Korean companies. In fact they’ll be direct competition for China. The real joker in this deck is just how much treason did Hillary commit with the Chinese? Team Trump seem to be slow-walking this but everything is pointing to Hillary actually SELLING her SAP intel to the Chinese, which they in turn used to kill US assets in China. I don’t know if these are grounds for literal war but they sure as hell are grounds for icey relations and economic war.

    This is going to be very, very interesting to watch unfold, especially from the winner’s circle. #MAGA

    Liked by 27 people

    • redtreesquirrel says:

      Thank goodness Pres Trump knew about Hillary’s emails being in the hands of the Chinese going in, and started the economic war right away, or the Chinese could have used them as a means to control the U.S. Blackmail, extortion, threats… As it stands now, Trump has all the leverage.

      Liked by 19 people

    • dd_sc says:

      Not just Clinton. Feinstein had a Chinese agent on her staff for 20 years, and from anything I’ve read, he was just fired and allowed to be on his way. Everyone just assumes she didn’t know he was a Chinese agent, even though her association with the Chinese politburo goes way back – San Francisco is sister cities with Shanghai.

      Liked by 10 people

      • MB224 says:

        She absolutely knew. The question is do we have the proof? We meaning the NSA. I haven’t heard anything about it but it wouldn’t surprise me if they did.

        Liked by 2 people

      • Daniel M. Camac says:

        dd_sc, Hang her with all the rest. Saves rope and I would think the Lefties would all be in for saving natural resources. Ha.

        Like

      • mutantbeast says:

        Fineslime knew he was a commie. She hired him because he was one. The surprise would be if Fine swine would ever hire someone like say Sundance. Never would happen.

        Like

    • fleporeblog says:

      Your absolutely right!

      Folks the Chinese are seeing all their schemes being destroyed by the Atomic Sledgehammer of Truth! Ole Xi will have to decide in the very near future whether he wants to hold onto North Korea or whether he wants to destroy his paper economy. He CAN’T have both!

      Our President continues to drive the Dragon 🐉 crazy 😜. Xi knows damn well that as our President finalizes the trade deals with Mexico 🇲🇽 & Canada 🇨🇦, the European Union 🇪🇺 and Japan 🇯🇵, China 🇨🇳 will see a reduction of 3% to 4% to their real GDP rate!

      There is a cause and effect to our GDP and theirs. By squeezing them with tariffs of 10% on the first $50 billion coupled with the proposed 25% (in a week or so) on the next $200 billion and what I believe maybe as high as 50% on the remaining $250 billion, PDJT is swinging our GDP up and killing China’s GDP.

      Let’s look at the math:

      USA 🇺🇸 Tariffs on China:

      $34 billion x 10% tariffs = $3.4 billion dollars to our Government

      $16 billion x 25% tariffs = $4 billion dollars to our Government

      $200 billion x 25% tariffs = $50 billion dollars to our Government

      $250 billion x (being a bit conservative) 37.5% tariffs = $93.375 billion dollars to our Government

      China 🇨🇳 Tariffs on USA:

      $34 billion x 10% tariffs = $3.4 billion dollars to their Government

      $16 billion x 25% tariffs = $4 billion dollars to their Government

      $60 billion x 25% tariffs = $15 billion dollars to their Government

      6) $40 billion x (THAT IS ALL THEY HAVE LEFT) 37.5% tariffs = $15 billion dollars to their Government

      That totals $150.775 billion dollars in tariffs for our Government versus $37.4 billion dollars to their Government.

      That shrinks the trade deficit by $113.375 billion dollars a year.

      What does that mean for each country’s real GDP rate?

      Just last Quarter we shrunk the trade deficit by $53 billion dollars and it added 1.16% to the 4.1%.

      Please keep in mind with my math above, China 🇨🇳 and the USA 🇺🇸 brought in the same $5 billion in tariffs. They washed each other out.

      However, going forward, that isn’t the case! Your talking about an additional 2.32% real GDP rate for each year using the tariffs on China 🇨🇳and them losing that same percentage.

      Our President is absolutely right that WE CAN’T LOSE!

      Xi saw this today and realizes HE CAN’T WIN!

      Liked by 13 people

      • It’s the ‘aikido’ of tariffs:

        The more they sell to the US, the more tax receipts the US government takes in, funding the military, the wall and targeted ‘bail-outs’ for affected industries.

        The less they sell to the US the more US manufacturing grows, wages go up and the more able the American people are able to pay for the increase in prices from either the Chinese or the US trade bloc.

        Liked by 11 people

        • fleporeblog says:

          Great comparison!

          Liked by 1 person

        • Bill says:

          Far more critically, the more US manufacturing grows, the greater the long term defunding of the Chinese military build up against the USA and our allies. Trump is forcing China to pick up additional cost like replacement the US aid to Pakistan @ $1 Billion dollars/annually while China has at least a $1 Trillion bank recapitalization to perform.

          Liked by 5 people

        • Bud Klatsch says:

          Similar to what the Chinese did to us (with our gov/cap encouragement) for decades. We gave them our industry/manufacturing economy and paid THEM billions for the privilege while we lost so much. A POX on those responsible.

          Liked by 1 person

      • MB224 says:

        You’re absolutely right about the tariffs. That’s why I don’t think Trump wants to do a deal with the Chinese. He’d rather lower the boom and watch the supply chains reorganize elsewhere.

        Liked by 4 people

      • mutantbeast says:

        What people ignore about Red China is how much $ does the vast majority of the population REALLY have to spend? Very little. They cant afford what Gulag Ho or Aplle has tp offer, maybe 10% of there population(mostly commie party members) can afford anything period. 90% of Red Chinas populace makes less $ in a week than a union factory worker in the US makes on there coffee break. Idiots like Suckerturd dont get that period. They just see a billion people and assume its a “market”.

        Liked by 1 person

    • TarsTarkas says:

      I don’t think she sold access to her so much as she didn’t CARE who got a peek at it, so long as it ultimately benefited her and that it wasn’t anybody who was a loyal US citizen.

      Like

  3. David P Forsyth says:

    Trump should offer to reduce billions of dollars of tariffs on China, if they turn over all of Hillary’s emails. Imagine how that would shake things up!

    Liked by 5 people

  4. Nigella says:

    It’s well past time to do this… For years they have been sc**wing us and to top that off they are interfering with NK….

    Liked by 5 people

  5. Buster Hyman says:

    MAGA – SUNDANCE best writer on the internet

    Liked by 21 people

  6. John55 says:

    If he really wants to troll the Chinese and the American left, Trump could say that these tariffs are a response to the Chinese internment camps for Muslims.

    Liked by 5 people

  7. Curry Worsham says:

    “[E]verything about the larger strategy is only known by the person making the ultimate decisions, President Trump.”

    Amen, Sundance.
    And doesn’t this apply to other things as well?

    Liked by 6 people

    • Cheri Lawrence says:

      Yes everything imo! Nothing left to chance, we took control 2 years ago. This is the implementation of a well thought out plan across the board.

      Liked by 1 person

      • icndark says:

        Wait a minute! Are you suggesting that the systematic destruction(aka “fundamental transformation”} of our great nation as planned out and executed by the commies over the last thirty-plus years, may require more than two years and a “right now!” mentality to overcome? How very droll…I just can’t./s

        Liked by 1 person

  8. Niagara Frontier says:

    Can you imagine how much of a stronger position we’d be in against China if only half of the Republicans in Congress gave full-throated support for his position?

    It’s humiliating that POTUS seems to enter these battles with the Chinese with one hand tied behind his back by both Congress and the media yet he prevails. I trust after the next election, he will make those Republicans pay dearly for their lack of support.

    Liked by 12 people

  9. Shadrach says:

    I’ve been having to explain the strategy behind this to my friends/coworkers. Of course I’m explaining to them what SD has been meticulously explaining to us. What is interesting is that even the more liberal people understand and support what’s going on once it’s explained matter-of-factly.

    This explanation and the NAFTA trade negotiations explanation have been extremely helpful in Trump-splaining. Why is this complex topic so easy for them to understand, but stupidity like the racist accusations about the phrase “monkey with it” or whatever it was, is so hard?

    Anyway, reporting back from the field that this topic is a winner for us. Even the more ridiculous left-wingers I know easily understand that China, Canada, Mexico, etc, etc, etc. have been ripping us off. Better news, they can even accept and roll with the idea that temporary pain leads to long-lasting benefit. Guess most people are reasonable when it comes to their wallets.

    Liked by 11 people

    • You picked up on a very subtle and little discussed aspect of the Trump Phenomenon: The old Liberal Left did not like the abandonment of the working class.

      The Sensible Liberal Left knew there was something wrong with the NAFTA etc, but the Democrat Party had sold out to the global corporatists.

      This is why alot of the older ‘Bernie Bros’ have jumped on the Trump Train (and if the gray hair in some of the #Walkaway videos is any indication, are still doing so).

      The beauty of nationalist-populism is that it is not a Left/Right movement.

      ‘Capitalism’ has a bad rap within just about anyone who is in their under 60 because they have never actually seen an expanding economy.

      Liked by 4 people

      • Shadrach says:

        True that. One of the people who was a hard nut to crack was an independent contractor. The whole jobs initiative (training people under craftsmen to have good blue collar jobs) was a huge win. He’s proud of his work (he’s really good at it) and having that pride in ability recognized for a “with your hands” job was a game-changer. I linked him to Ivanka’s speech, and he was very, very happy. So happy that if they hooked him up with people to train, he’d do it. And he’s literally the best at his job I know (and a huge liberal). But sometimes pride in good work matters more than anything else.

        I don’t know about under 60, though. Under 40 maybe. Blue collar work wasn’t disrespected until “those jobs aren’t coming back” Obama. Most actual capitalists (people who do their own work, rather than working for someone else) are blue collar…..someone correct me if I’m wrong on this. My assumption is based on what I know.

        Liked by 3 people

        • Thank you for the MAGA work that you’re doing, in educating your friends and acquaintances to our POTUS’s policies, in ways that they can uniquely understand. That’s probably much more important than all of us who just blog out our opinions on different boards.

          It’s easy to donate money; doesn’t take much effort at all. It’s much harder to part with your time– a commodity that IS finite, and of which we have less, every single day. Hopefully, your good work will pay off at election time, either with those whom you’ve educated realizing the necessity of voting to help our President continue his MAGA work; or even better, converting a liberal into becoming a PDJT supporter because they now understand why his economic policies are beneficial to them!

          Regardless, thank you again!!

          Like

    • MB224 says:

      WOW. So there IS a little bit of sense left in the economic hemisphere of the Liberal brain. This is very good news. I think it’s easier for them to see the unfairness, injustice of this because it involves “the working class”. Good stuff.

      Liked by 2 people

    • soozword says:

      Haven’t the Left been demonstrating, even violently, against the WTO for years? I think all this global trade realignment is going to be a winning subject for us in getting Dems to cross-over in the next election.

      Liked by 1 person

  10. Maquis says:

    “How and When?”

    Painfully. And Soon.

    😈

    Liked by 3 people

  11. Ristvan says:

    Thinking back over the past near two years, this was all ‘planned’ by PDJT in advance— but he does also know how to play his serendipity cards.
    A specific concrete example is indelibly now etched in history. Remember how AF1 took Obama to. China for some intl meeting, and the Chinese would not roll up a stairway, forcing Obama to igniminiously exit from the planes rear tail ramp built in low alternative ground exit? Trump took undoubted note, knowing China was a big part of his agenda. And planned a counter message:

    One of Trump’s first major presidential acts was to invite Xi to Mar a Lago. Now, Trump is a billionaire that owns Mar a Lago honestly, no corruption or politics . Had to impress Xi where the opposite is usually the case. Then, cherry topping, over dessert Tump leans over and tells Xi, oh, by the way, I just ordered the launch of 49 cruise missiles attacking the Syrian airbase from which Assad launched his latest unforgivable chem warfare attack. [And now my supposition as to the end of the exchange…Obama said there were red lines when there weren’t. I (Trump) never draw red lines cause that is not in the Art of the Deal. By the way, when you invite me over to China to reciprocate our friendship, make sure the AF1 staircase is ready.]

    Liked by 8 people

    • Rhoda R says:

      I believe that he gave orders to his pilot that if the Chinese tried the staircase caper that he – the pilot – was to power up and take off back to where they came from.

      Like

  12. Dan Patterson says:

    False gods of globalism and central planning. Skewered.

    Liked by 4 people

  13. White Apple says:

    China has had the Hillary advantage for a long time. Without the Hillary advantage China is forced to change things operationally. Obama was just a Hillary dupe as well as with others. In a World of crookedness none better than, cunning evil Hillary. In reality, Bill is also a Hillary dupe. One may reason NK was also part of Hillary’s influence. China’s trade position and its NK position has weakened without Hillary in the frey. My guess, China badly misses Hillary as do others who have gotten used to ripping off the American people (deplorables).

    Liked by 3 people

    • yucki says:

      Stunning intel coup by China on Hillary’s watch. I posted this interview with Brad Johnson, retired CIA officer, on the Prez Thread:

      Brad Johnson China: “Biggest intel fail in US history”

      Like

  14. ltravisjr says:

    I will be glad when all these trade issues finally get settled once and for all. It seems in regards to China, Canada, and Mexico, whenever it seems we have gotten the issues with one of them solved, an issue pops up again with one of the others we thought we had come to an agreement with. I thought Beijing had come to an understanding with us, hadn’t they? Granted, all this is in negotiations, etc. but I want the i’s dotted and t’s crossed already!

    Like

  15. truthbomb says:

    This is easy. Cut off China’s access to soybeans.

    Liked by 2 people

  16. I would love to be out of the WTO too. I also hope we can dump China completely and not trade with them at all, kick all of their spies, students and cover and non-cover businesses out of our country. We’re letting them spy on us with free reign in our own home. Hopefully Trump is working on shifting any trade we have with China throughout all of the other new trade deals we are redoing with our allies around the world. So if China refuses to change their thieving trade practices, which I’m assuming they will refuse, we can say see ya, don’t need ya.

    Liked by 3 people

  17. History Teaches says:

    China has gotten used to playing minor league teams with past U.S. administrations. Now they realize they are the minor league team up against this administration.

    They’ve gotten too comfortable using a plethora of dirty and criminal tactics. Not just here, but worldwide. But for the first time they are having an existential crisis, with all their tried and true operational methods are being called out and exposed.

    Sadly cheating is endemic to them. Despite much intelligence and savvy. Cheating is the easy, lazy way out, and because the rest of the world sold out without a whimper there has been no need to stop.

    China is/will be the biggest problem of this century on multiple levels. Islam is driven by Medieval ideology and values. Barbarians, as it were. China is more cunning, devious, and driven by demographic and geographical dynamics that will continue to make them a world threat

    Liked by 4 people

  18. Jane Smith says:

    Why have we allowed Chinese Nationals to take over our Technical Colleges?
    Ban them.
    Problem solved.
    The Chinese have to steal because they are programmed not to think on their own.
    They can’t invent.

    Liked by 1 person

    • Rhoda R says:

      That’t the problem with any totalitarian system – independent thought is suppressed. Do that for a few millennia and it become genetic.

      Like

  19. Gaius Gracchus says:

    And this strategy is the reason for the nonstop attacks on President Trump in DC. As he said “trillions of dollars are at stake.”

    I gave up hoping for a truly American First president. PDJT has greatly exceeded my expectations.

    Liked by 4 people

  20. emet says:

    China:major exporter of precursor chemicals, with large quantities to Mexico. They could stop the export if they wanted. Or if somebody used leverage…

    Liked by 1 person

  21. railer says:

    Yeah, the WTO is garbage, a globalist construct ripe for manipulation, always has been. Bilateral trade deals are the way to go. Open ’em up every few years, renegotiate, rebalance, and away you go. Trump gets this.

    Liked by 3 people

  22. thedoc00 says:

    Getting upset with financial media is wasted emotions. They get paid to represent and report on bottom line of businesses that participate in the markets. With very few exceptions; primarily Charles Payne, Stewart Varney and a very few others on FBN, the “business news media” have no desire nor inclination to draw distinction between the job of businesses “making Money” and elected leaders “be sure the citizens make money and shape national economy via policy, tax (incl. Tariffs) and regulation to maximize money made by citizens”.

    The lack of willingness to discuss difference in perspective extends to the experts, economists and “business” leaders interviewed on these shows.

    Liked by 2 people

  23. thedoc00 says:

    I suggest the president not waste his breath on leaving the WTO. Use it when possible to support positions and policy statements but do not give opponents a political another weapon. Note the best that the US can hope for is empty verdicts but they do provide fodder for countering negative inputs. Sadly, the WTO is one of those organizations one needs to belong to, just because.

    Liked by 1 person

  24. Once he has Europe, Uk, Mexico, Canada out of the way the games truly begin.

    Shifting to Asia. Great chemistry with Japan, they will have to stand with us anyway reg. NK.
    India is his wildcard. It could replace china for a lot of industries.
    Taiwan and Philippines will align with us if worst comes to worst. Lot’s of leverage everywhere.

    I don’t think China will play it this far though. Like anyone else they will get the best deal the faster they make one.
    The Mexico deal shows how easy it is for Trump to lock China out. I think Trump surprised a lot of people on how fast he got Mexico(and Canada) done.
    Same with the EU. They are next. They can’t use NAFTA anymore to flood the US market.

    Liked by 1 person

    • Rhoda R says:

      Don’t leave Vietnam out of that equation either. I get the impression that they aren’t all that enamored with China and kinda like the US.

      Like

  25. Trent Telenko says:

    Sundance,

    I Absolutely Love the Kudlow Graphic.

    Liked by 1 person

  26. powderdayrules says:

    What I’m looking forward to is POTUS pulling most favored nation status from them! I never could understand how they could get it in the first place, but thanks to Sundance and all you treepers I realize now that it was simply FOR SALE by the swamp.

    Liked by 2 people

  27. Chris Four says:

    Here is an interesting opinion piece.on China-US trade war

    Opinion: China Has to Learn From Past U.S. Trade War With Japan

    “In the face of this, there are lessons China can learn from Japan’s past experience in a similar trade war with the U.S. The U.S. and China have fundamentally irreconcilable demands, and it will be difficult to reach an agreement through negotiations. A stage of even more intense trade conflict is inevitable. China should make strategic preparations for the short and medium term, as well as for a longer, protracted trade wAr”

    https://www.caixinglobal.com/2018-06-01/opinion-china-has-to-learn-from-past-us-trade-war-with-japan-101261415.html

    Liked by 1 person

    • MB224 says:

      Interesting article but I don’t think the author fully admits the size and scope of this war. Tech is just one part of it and in fact other than a few examples, Tech is China’s least competitive arena. But the issue the Chinese never seem to acknowledge is their culture of thievery and deceit.

      Liked by 2 people

      • yucki says:

        And they hate us with a purple passion.

        Like

      • mutantbeast says:

        Exactly. Mao Tse tungs wife could have given lessons on how to steal even to the Clintons, which explains why when Mao died Deng took power hisfirst move was to discredit her. and yes, charge her with corruption.

        Like

  28. covfefe999 says:

    I wish they could tariff the sh*t out of all of the Chinese crap on eBay. Tell me how a Chinese seller can sell a pair of shoes for $.99 and that includes free shipping from China?? Clearly they are dumping products on us.

    Like

    • MB224 says:

      LOL. Cheap shyt is actually the one place I don’t mind Chinese goods. People know what they’re getting and aren’t paying anything for it. India and a half dozen others could compete directly with that. Heck North Korea would be the ideal country for that sort of thing.

      Liked by 1 person

  29. Ventura Highway says:

    If PDJT can sew up this deal with Mexico and Canada it will send a huge message, especially after Canada tried to get sassy.

    Liked by 1 person

  30. Ventura Highway says:

    WILLLLLBURR !! GRRRRREAT !

    Liked by 1 person

  31. Doug Amos says:

    China no longer gets the playbook from the Clintons and would it not be better for Mr Trump if Canada does not come to the table? China owns Canada and Trudeau would be their last conduit if he stayed in the loop.

    Like

  32. milktrader says:

    I got a roaring economy with low unemployment, rising GDP, rising energy production, great consumer confidence, equity markets at all time highs …. Xi watcha got?

    Like

  33. JoAnn Leichliter says:

    Should Trump actually get an agreement with Canada and the EU, as well as the one we have with Mexico, China will already be feeling the squeeze. Leverage, folks.

    Like

  34. L. E. Joiner says:

    Taiwan is the elephant in the back closet. Word is that the Chinese military is preparing an invasion. If we deprive China of much of their American market, does this become a more likely response? Would we be willing and able to stop a Chinese invasion, or would it be as easy for them as Russia’s annexation of Crimea? Too many questions, not enough answers. /LEJ

    Like

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