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China-Japan-Koreas
China may be vulnerable to a trade war
2018-06-18
[AlJazeera] "China's retaliatory tariffs to hit US lobsters, soybeans: China says it 'doesn't want a trade war', but must 'fight back' after US slaps tariffs on $50bn in Chinese imports."

Nobody knows where a full trade war can go. One possible outcome would be the destruction of PRC. China is unstable and could crumble into a bloody mess. Nobody kills Chinese like other Chinese. Nobody kills anyone like Chinese kill themselves. Even Nazis and Russians were no match.

China has little food security. In an economic, political, or war catastrophe, China cannot feed itself. They've been reduced to cannibalism in living memory.

Meanwhile, the USA is blessed with abundant resources and fantastic farmers and distribution. Our food security is ranked only behind Ireland. (Depending on the list.)

China habitually throws its weight around and also threatens others on the high seas where China is fantastically vulnerable. PRC does not have a single trusted ally. Despite the anti-US rhetoric, no country has more strong alliances than the USA.

The United States is far more resilient internally and externally than is China.

Something to think about as this unfolds.
Posted by:DarthVader

#10  he has his moments
:-)
Posted by: Frank G   2018-06-18 21:33  

#9  It was a classic bad-cop bad-cop bad-cop bad-cop and-this-guy-will-help-you-to-the-hospital-afterword set up.


Now that's funny right there; I don't care who you are.
Posted by: AlanC   2018-06-18 15:41  

#8  It was a classic bad-cop bad-cop bad-cop bad-cop and-this-guy-will-help-you-to-the-hospital-afterword set up.
Posted by: 3dc   2018-06-18 15:21  

#7  The rah-rah attitude of Al Jezeera is somewhat surprising.

In a couple of decades everyone will have to deal with either the United States or China. No one has any illusions about where the better deals will be found.
Posted by: Hupoger Ebbating3341   2018-06-18 14:56  

#6  The rah-rah attitude of Al Jezeera is somewhat surprising.
Posted by: brujotejano   2018-06-18 14:10  

#5  The Chinese discover they have no clothes

Lighthizer and Co didn’t negotiate. They simply delivered some ultimatums.

China will unilaterally increase its imports of U.S. goods by at least $100 billion.
China will immediately cease protections and subsidies for any sectors related to its Made in China 2025 central economic plan, as well as eliminate tariff and non-tariff barriers on those sectors.
China will accept that it is a non-market economy under WTO rules (which would allow the United States to apply protective tariffs against Chinese exports).
China will accept American restrictions on Chinese investment-led acquisitions in the United States.
China will cease all technological/cyber theft as well as cease any and all policies which aim to force American firms to share technologies with China.
China will accept American quarterly reviews on all trade policies, and pre-commit to cooperation with American findings.
China will submit rosters of goods shipped to third countries so that China may not do end-runs around American import restrictions.
China will abandon all WTO cases it has prosecuted against the United States as regards any of the above issues and preemptively agree to launch no new ones.
Posted by: 3dc   2018-06-18 13:31  

#4  Just imagine all those peasants who moved to the cities to make iPhones and such being frog marched back to the countryside to grow rice which they have forgotten how to do.
Posted by: Abu Uluque   2018-06-18 10:30  

#3  Lobster had a couple amazing years lately. This should help drive down domestic prices
Posted by: Frank G   2018-06-18 07:42  

#2  Demographic aging of the population is hurting productivity all across the board.
Posted by: Bugs Thud4877   2018-06-18 02:40  

#1  Go for it.
Posted by: Alaska Paul   2018-06-18 01:45  

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