The trade wars begin

[sonofdaxjones]

Don’t mind me over here guys, just tossing rope to dax calling me a rino


Sent from my iPhone using Tapatalk

Overcompensation

[star seed 7]

https://twitter.com/CBCAlerts/status/1018863509814292482

What a dick lol

[sys]

https://twitter.com/lieber2k/status/1019242167976513536

[Dugout DickStone]

This is fine

[sonofdaxjones]

http://thehill.com/opinion/finance/397447-trump-is-winning-the-trade-war-because-china-has-more-to-lose

[sonofdaxjones]

https://twitter.com/lieber2k/status/1019242167976513536

I'll presume that the EU which as of May 2018 enjoyed a very healthy trade surplus with the United States would be open to sitting down with the U.S. and discuss lowering their overall unweighted tariff which is a full percentage point higher than the United States places on goods coming in from the EU (pre trade war).

The EU annual take on fewer U.S. goods coming in, accounts for billions of $ more in tariffs, than the annual take going in the opposite direction.

But per LibBots, that's fair.

[Phil Titola]

http://thehill.com/opinion/finance/397447-trump-is-winning-the-trade-war-because-china-has-more-to-lose

Republicans loving tariffs since 2017.

[steve dave]

Only Trump supporting Republicans


Sent from my iPhone using Tapatalk

[Rage Against the McKee]

That is all of them, steve dave.

[sonofdaxjones]

I don’t love tariffs, I dislike unfair trade policy.

I guess you guys just blew right by the lowering of the unweighted tariff part.

[sonofdaxjones]

Shanghai index is down 7 percent since the trade war started, the Yuan is down against the dollar, Chinese Corp bond defaults are accelerating. 

Not saying these are necessarily good things, in fact it could be quite bad.  But this counters some of the talk that a trade war with China is fully advantage China.  That is not the case.

[steve dave]

That is all of them, steve dave.

no it's not. that's just the elected ones.

[Phil Titola]

Shanghai index is down 7 percent since the trade war started, the Yuan is down against the dollar, Chinese Corp bond defaults are accelerating. 

Not saying these are necessarily good things, in fact it could be quite bad.  But this counters some of the talk that a trade war with China is fully advantage China.  That is not the case.

Liars use figures they always say.

[sys]

That is all of them, steve dave.

no it's not. that's just the elected ones.

evidence suggests it to be about 88% of all of them, elected or not.

[catastrophe]

Shanghai index is down 7 percent since the trade war started, the Yuan is down against the dollar, Chinese Corp bond defaults are accelerating. 

Not saying these are necessarily good things, in fact it could be quite bad.  But this counters some of the talk that a trade war with China is fully advantage China.  That is not the case.

Dax, I don’t want to get super sciency with you right now, so I’ll just say this: the reason like 99% of economists think a trade war is a bad idea is NOT because they’re concerned any one side is going to win too much.

[sonofdaxjones]

Shanghai index is down 7 percent since the trade war started, the Yuan is down against the dollar, Chinese Corp bond defaults are accelerating. 

Not saying these are necessarily good things, in fact it could be quite bad.  But this counters some of the talk that a trade war with China is fully advantage China.  That is not the case.

Liars use figures they always say.

So those things aren’t happening? 

Lotta liars in the Asian financial analyst community, then.  Should we alert the SEC or similar?

[sonofdaxjones]

Shanghai index is down 7 percent since the trade war started, the Yuan is down against the dollar, Chinese Corp bond defaults are accelerating. 

Not saying these are necessarily good things, in fact it could be quite bad.  But this counters some of the talk that a trade war with China is fully advantage China.  That is not the case.

Dax, I don’t want to get super sciency with you right now, so I’ll just say this: the reason like 99% of economists think a trade war is a bad idea is NOT because they’re concerned any one side is going to win too much.

No crap, but you’ve got the armchair economists in the MSM saying China is not being hurt.  They are. 

What part of “not saying this is necessarily good” was confusing?

[Phil Titola]

What timeframe are you using? Are you suggesting their stock market moves are all from tariffs?

[Phil Titola]

Shanghai index is down 7 percent since the trade war started, the Yuan is down against the dollar, Chinese Corp bond defaults are accelerating. 

Not saying these are necessarily good things, in fact it could be quite bad.  But this counters some of the talk that a trade war with China is fully advantage China.  That is not the case.

Dax, I don’t want to get super sciency with you right now, so I’ll just say this: the reason like 99% of economists think a trade war is a bad idea is NOT because they’re concerned any one side is going to win too much.

No crap, but you’ve got the armchair economists in the MSM saying China is not being hurt.  They are. 

What part of “not saying this is necessarily good” was confusing?

You really expect us to take your throw away hedging comments as anymore more than CYA when this doesn't work how Trump thinks it will?

[ChiComCat]

Shanghai index is down 7 percent since the trade war started, the Yuan is down against the dollar, Chinese Corp bond defaults are accelerating. 

Not saying these are necessarily good things, in fact it could be quite bad.  But this counters some of the talk that a trade war with China is fully advantage China.  That is not the case.

Dax, I don’t want to get super sciency with you right now, so I’ll just say this: the reason like 99% of economists think a trade war is a bad idea is NOT because they’re concerned any one side is going to win too much.

No crap, but you’ve got the armchair economists in the MSM saying China is not being hurt.  They are. 

What part of “not saying this is necessarily good” was confusing?

I haven't heard anybody say China is not being hurt.  I've only heard people say both sides are being hurt.

[sonofdaxjones]

Why so serious, Phil?  We're just talking here.

https://www.cnbc.com/2018/07/17/us-china-trade-war-chinese-stocks-fall-tariffs-may-ultimately-help.html


https://www.forbes.com/sites/kenrapoza/2018/06/27/stock-market-says-china-a-loser-in-trade-war/#2271016f14ce

I'm not saying this is good long term, I'm not saying there's going to be a winner or a loser, I'm just saying their stock market has been taken some pretty hard hits since the trade war started, and they're corp bond market (as artificial as it is) is taking hard hits as well.   There's even a school of thought that China's economy is every bit the ponzi scheme as some say ours is, even more so. 

We have a tough issues with China and have to walk a fine line.   Huge trade deficits with them mean we're financing their increasingly high tech military, but they're financing our debt.    We finance their growing military while they attempt to essentially take over the South China Sea and use their money to buy influence all across the globe.   A pickle

[sonofdaxjones]

Shanghai index is down 7 percent since the trade war started, the Yuan is down against the dollar, Chinese Corp bond defaults are accelerating. 

Not saying these are necessarily good things, in fact it could be quite bad.  But this counters some of the talk that a trade war with China is fully advantage China.  That is not the case.

Dax, I don’t want to get super sciency with you right now, so I’ll just say this: the reason like 99% of economists think a trade war is a bad idea is NOT because they’re concerned any one side is going to win too much.

No crap, but you’ve got the armchair economists in the MSM saying China is not being hurt.  They are. 

What part of “not saying this is necessarily good” was confusing?

I haven't heard anybody say China is not being hurt.  I've only heard people say both sides are being hurt.

I consistently see commentary in social media that China is going to "destroy" us in a trade war, and other similar comments.   Those parrots are getting their talking points from some "expert" somewhere, I'm sure.

[catastrophe]

China can destroy us in a trade war whilst getting destroyed themselves.

[sys]

https://twitter.com/JesseLehrich/status/1019392883399544832

Johnson asked the businessmen and women to raise their hands if they saw any advantages to the tariffs – no one did.

[steve dave]

https://www.wsj.com/articles/sen-orrin-hatchurges-president-to-rethink-trade-policies-1532088931