QUOTE(Ramjade @ Jan 27 2019, 09:12 PM)
I don't think Trump cares about technological "transfers" and "piracy". All he cares is how much money he can makes from a deal and how good is he a business man to the American public.
China export majority of their stuff to US. By taxing China items, it's making China products more expensive. Hence US companies will look elsewhere. When they do it, factory output decreases. When factory output decreases, business drops. Business drops, people start losing jobs. When people start losing job, they cannot pay back loans.
China govt is cutting taxes for local companies in order try to make their people spend. If economy is good, you don't need to that.
If is not affecting China, they won't bother offering to make trade deficit zero. They will just ignore US.
ya i know, china top trading partner are usa but hey, usa top trading partner is china...China export majority of their stuff to US. By taxing China items, it's making China products more expensive. Hence US companies will look elsewhere. When they do it, factory output decreases. When factory output decreases, business drops. Business drops, people start losing jobs. When people start losing job, they cannot pay back loans.
China govt is cutting taxes for local companies in order try to make their people spend. If economy is good, you don't need to that.
If is not affecting China, they won't bother offering to make trade deficit zero. They will just ignore US.
and china did retaliate by slapping tax back on usa most imported goods
the effect on usa piratically same with china, as per your claimed
https://www.businessinsider.my/trump-tariff...18-8/?r=US&IR=T
https://www.businessinsider.my/trump-trade-...8-12/?r=US&IR=T
not sure if can be consider loss for usa, reported they spent usd 11b on 2018 direct payments and buying agricultural goods due to china stopped buying from them..
Jan 27 2019, 10:00 PM

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