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China / USA trade wars heating up again

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    China / USA trade wars heating up again

    China just announced a cut back to USA soy and pork imports amid new trade wars. This is over US trying to nose in on China’s take over of Hong Kong.

    #2
    When either side is afraid of lobbing the first bomb or shooting off the first missile, have to resort to other forms of warfare.

    Comment


      #3
      Gotta admire basic dictatorship. We make decisions for political purposes rather than allowing the market to function and people getting the food stuffs they need.

      Comment


        #4
        Unless you're self sufficient in food supply, your own population can become casualties of the trade war measures.

        They have to get it somewhere, ....enter Kazakhstan.

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          #5
          Originally posted by farmaholic View Post
          Unless you're self sufficient in food supply, your own population can become casualties of the trade war measures.

          They have to get it somewhere, ....enter Kazakhstan.
          and Brazil . . . and Argentina . . . and continent of Africa. The U.S. is no longer in China’s long term game plan (IMO). Phase One deal was flawed from the get-go . . . .

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            #6
            Originally posted by errolanderson View Post
            and Brazil . . . and Argentina . . . and continent of Africa. The U.S. is no longer in China’s long term game plan (IMO). Phase One deal was flawed from the get-go . . . .
            Nice to hear from you.

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              #7
              Originally posted by errolanderson View Post
              and Brazil . . . and Argentina . . . and continent of Africa. The U.S. is no longer in China’s long term game plan (IMO). Phase One deal was flawed from the get-go . . . .
              china is importing from SA at a higher cost than they can source US product. They do that because they have huge investments in the industry there. The one fly in the ointment is that those investments have been made with borrowed $USD. Last laugh is USA. Anyways if I were the president of the US, I would keep the tariffs on chinese products in place and otherwise ignore china except where they directly threaten US interests. china will fade away slowly.

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                #8
                Originally posted by ajl View Post
                china is importing from SA at a higher cost than they can source US product. They do that because they have huge investments in the industry there. The one fly in the ointment is that those investments have been made with borrowed $USD. Last laugh is USA. Anyways if I were the president of the US, I would keep the tariffs on chinese products in place and otherwise ignore china except where they directly threaten US interests. china will fade away slowly.
                I agree, after this virus outbreak consumers world wide will back away from products made in China as much as possible.

                Sad thing is it drops the standard of living down for the working population, never the members of the communist party.

                Those members all have trust funds too.

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                  #9
                  Originally posted by errolanderson View Post
                  and Brazil . . . and Argentina . . . and continent of Africa. The U.S. is no longer in China’s long term game plan (IMO). Phase One deal was flawed from the get-go . . . .
                  Great to see ya post again mate

                  Comment


                    #10
                    Originally posted by rumrocks View Post
                    I agree, after this virus outbreak consumers world wide will back away from products made in China as much as possible.

                    Sad thing is it drops the standard of living down for the working population, never the members of the communist party.

                    Those members all have trust funds too.
                    Sounds eerily like Canada .
                    Let’s hope it does not get to that point here

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                      #11
                      Forbes.com has just released an article entitled: ‘Phase One Deal Looks Mighty Dead’

                      China has not met its obligation with the U.S. and the key benefactor has been Brazil. China has apparently bought 35 percent more from Brazil in May 2020, than May 2019. These shipments are primarily ag and fuel. And these shipments obviously come directly out of the hide of the U.S.

                      China now accounts for 40 percent of Brazilian exports in May. And according to Forbes, the Phase One is now as strong as a wet noodle. And as for a Phase two Deal . . . according to Forbes ‘dead on arrival’. Couldn’t agree more of this assessment. The repercussions of tariffs have come-to-life . . . .

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                        #12
                        Food and fuel eh??
                        Someone should point this out to those in charge here. Bahaha

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                          #13
                          Originally posted by blackpowder View Post
                          food and fuel eh??
                          Someone should point this out to those in charge here. Bahaha
                          lng . . . .

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