.

China Gets Hits with new Sanctions

serfserf Member Posts: 7,511 ✭✭✭
edited October 2019 in Politics
I don't think China is going to deal with President Trump unless they are really hurting. Trump may be impeached and Iran would have to
come to the table and relent for China to have this oil embargo to end against their shipping Tankers. Looks like October is going to be a bad
month for the stock market too.

serf

https://www.zerohedge.com/commodities/chaotic-mess-global-shipping-industry-rattled-us-sanctions-china-tanker-firms

Ahead of trade talks with China, slated for early October, the new round U.S. sanctions on Chinese companies could complicate negotiations. China has clearly stated that it would like all economic duties and sanctions removed before it would consent to a deal, something that the Trump administration isn't likely to do. The trade war is more about crushing China, and it's about defending the American empire against a rising power, that is China, so the idea of removing all sanctions and making a deal with the communists isn't likely in the next few weeks.

Comments

  • spasmcreekspasmcreek Member Posts: 38,925
    edited November -1
    to many administrations have sucked up to china and we get plastic crap and they get cash ....lousy MFN deal to china from us ....way past time to get it changed...gonna hurt some but we CANNOT keep giving china the better end of the deal.....GO TRUMP !!!
  • KenK/84BravoKenK/84Bravo Member Posts: 7,827 ✭✭✭✭
    edited November -1
    spasmcreek wrote:
    to many administrations have sucked up to china and we get plastic crap and they get cash ....lousy MFN deal to china from us ....way past time to get it changed...gonna hurt some but we CANNOT keep giving china the better end of the deal.....GO TRUMP !!!


    I agree.

    Time to play some hardball.

    Extreme NE TN/W NC ya'll. 😁

  • spasmcreekspasmcreek Member Posts: 38,925
    edited November -1
    AMERICA needs more Teddy Rosevelts, Pattons, and Mcarthurs in their lineup
  • spasmcreekspasmcreek Member Posts: 38,925
    edited November -1
    bet china knows how to build better "sanctions" and can do it cheaper plus shipping them half way around the world >>>>>>>>>>>>>>>>
  • TooBigTooBig Member Posts: 28,561 ✭✭✭
    edited November -1
    China is hiding all the Americans companies that are yelling the most. I wonder who their calling China motors
  • spasmcreekspasmcreek Member Posts: 38,925
    edited November -1
    soon there will be more general motors cars built in china than there are in America......i will never buy a gm product....
  • spasmcreekspasmcreek Member Posts: 38,925
    edited November -1
    in 2016 there were 51 chinee automakers , suppliers, and tech firms operating in America , and now there are 105.....first large number of chinee cars should hit in late 2020 depending on trade deals and sanctions... china will be no. 1 in the car business in the world in a few short years....our govt and private enterprise has sold the country and workers here out ....china is now the world leader in AI, robots, and automated gadgets and that will put millions or American workers out of hands on jobs......
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