What if Trump breaks economic ties to China?

[william the wie]

Have any of you liberals checked on the 2008 Iceland level of non-performing loans in China?

 

[Toddsterpatriot]

Many partners, but we're the largest.

But you are compensable, foremost by Chinas own market. China can not renounce on Germany and Japan, the both countries that gain a surplus in the trade with China. But this dependency will not last for very long anymore, too.

Yes, I noticed the weakness in your poll.

This is not a weakness. Other possible effects would go beyond the scope of the poll. The domestic effects, however, would be that grave, that the development outside the US would not be of any interest, anyway.

But you are compensable, foremost by Chinas own market

Can you restate that in better English?

This is not a weakness.

Only listing impacts on one trading partner is a weakness.

 

[Toddsterpatriot]

I didn't see, "China's economy craters" as one of the choices.

China isn't as dependent on the US economically as the US is on China.

Their exports to us, about $463 billion last year, are about 4% of their GDP.
Our exports to China, about $116 billion last year, are about 0.63% of our GDP.

That´s not the point. The point is that you are dependent on that $463 billion import. That´s all the stuff that is used to be domestically produced, while China is busy importing production means.

That´s not the point.

Refuting the erroneous claim, "China isn't as dependent on the US economically as the US is on China" is my point.

The point is that you are dependent on that $463 billion import.

You mean stuff we could import from other, low cost producers?

while China is busy importing production means

It'd be a shame if that production found no overseas buyers, eh?

 

[Hossfly]

During the past few years it's been stated on Wall Street if we stop trading with China their economy will collapse. I'm not going to provide any links as everybody is invited to read the US News and World Report as well as the Wall Street Journal and Forbes Magazine.

 

[Bassman007]

So the orange Emperor threatens China to break the economic ties to the country. Let´s lookup the cards they hold.

China:
- Actually the place stuff is made
- Largest forex reserves
- Major US loaner
- Strong military

USA:
- A large crowd of well funded customers
- A megalomaniacal madman with the finger on the red button
- Mobile, high effective, fleet with limited war capacity

Under the assumption that the USA is generally hostile towards every country, it is not a smart idea to break ties with North Korea. The economic ties are minimal anyway and North Korea has more business with South Korea. A ban would hit South Korea more while China would lose a strong ally that works as natural stronghold in case China and the USA go to war.

However, the scenarios for Trump´s America are not bright.

Trump can not do this because it would hurt too many US companies..................like 98 percent of them at some level

 

[Bassman007]

During the past few years it's been stated on Wall Street if we stop trading with China their economy will collapse. I'm not going to provide any links as everybody is invited to read the US News and World Report as well as the Wall Street Journal and Forbes Magazine.

Might be true but our economy would collapse too

 

[whitehall]

What fantasy is the left engaging in now? First they were drumming up support for a shooting war with Russia and now they are afraid of economic sanctions against China. You can't please angry psychotic lefties no matter what happens.

 

[Indeependent]

I find it fascinating that Liberals are so in love with China.
Perhaps they should move there and go to work for FoxConn.

 

[Bleipriester]

Refuting the erroneous claim, "China isn't as dependent on the US economically as the US is on China" is my point.

You are being too optimistic. In fact, an enormous trade deficit has always been a weakness, not a strength. It reveals dependencies. A trade ban means the stores are empty.
Smart people will be the first to buy all the stuff but you will be left out in the cold. Till you realize it, the stocks are away. Clothes? Away. Remember Trump´s daughter clothing business. Trump said its made abroad because no one in the US can do it. Electronics? Gone. Don´t drop your last phone. Luckily, you could get some Japanese made stuff. Some stuff remains but some will be away. No other market to get all the stuff. No more loans from China. Yes, depending on what the USA all imports, the whole economy could come to a stop. The earthquake in Japan caused the entire German car industry to put on halt.

You mean stuff we could import from other, low cost producers?

No, you can´t. Not in that quantities.

It'd be a shame if that production found no overseas buyers, eh?

They surely plan to. Also, producing in China requires a company to join a joint-venture on a Chinese company´s compound. Know-How is being transferred to that company. China is already No.1 in new patents applied for.

 

[Toddsterpatriot]

Refuting the erroneous claim, "China isn't as dependent on the US economically as the US is on China" is my point.

You are being too optimistic. In fact, an enormous trade deficit has always been a weakness, not a strength. It reveals dependencies. A trade ban means the stores are empty.
Smart people will be the first to buy all the stuff but you will be left out in the cold. Till realize it, the stocks are away. Clothes? Away. Remember Trump´s daughter clothing business. Trump said its made abroad because no one in the US can do it. Electronics? Gone. Don´t drop your last phone. Luckily, you could get some Japanese made stuff. Some stuff remains but some will be away. No other market to get all the stuff. No more loans from China. Yeah, depending on what all the USA imports, the whole economy could come to a stop. The earthquake in Japan caused the entire German car industry to put on halt.

You mean stuff we could import from other, low cost producers?

No, you can´t. Not in that quantities.

It'd be a shame if that production found no overseas buyers, eh?

They surely plan to. Also, producing in China requires a company to join a joint-venture on a Chinese company´s compound. Know-How is being transferred to that company. China is already No.1 in new patents applied for.

You are being too optimistic. In fact, an enormous trade deficit has always been a weakness, not a strength. It reveals dependencies. A trade ban means the stores are empty.

Oh no! We'll never find another source for cheap stuff.

No, you can´t. Not in that quantities.

Never? Wow!
If the meantime, what will newly unemployed workers in China do?

They surely plan to.

Trump's plan would ruin their plan.

 

[Missourian]

A threat is only effective if it is credible.

China is vulnerable. If the world economy was a human body...the rest of the world would be food...some countries are cakes and pies that the body can live without forever...some are meat and bread. The economic body could live without them for months. China...China might be water. A human body can survive without water for three days. That's pretty important.

But the US...we are oxygen.

To negotiated with China, they must believe we are willing to deny ourselves water to make our threats credible. China doesn't believe it. IMO, it is important to make China believers.

If it averts a second shooting war on the Korean Peninsula, it's well worth a little economic pain.

 

[Bassman007]

A threat is only effective if it is credible.

China is vulnerable. If the world economy was a human body...the rest of the world would be food...some countries are cakes and pies that the body can live without forever...some are meat and bread. The economic body could live without them for months. China...China might be water. A human body can survive without water for three days. That's pretty important.

But the US...we are oxygen.

To negotiated with China, they must believe we are willing to deny ourselves water to make our threats credible. China doesn't believe it. IMO, it is important to make China believers.

If it averts a second shooting war on the Korean Peninsula, it's well worth a little economic pain.

Actually the human body does not need water without Oxygen and vice versa, all parts must be in harmony and need to be there for life to exist, which is why God is needed to put the parts together

 

[Darkwind]

China trades on the order of 2 billion dollars to N. Korea.

They do nearly 500 billion in trade with us.

Which do you think they'll prefer to keep?

 

[Bassman007]

China trades on the order of 2 billion dollars to N. Korea.

They do nearly 500 billion in trade with us.

Which do you think they'll prefer to keep?

Your post means nothing, because without Chinese goods and parts that can not be made in the USA, or would cost 20 times more if made in the USA the US economy would totally crash, as it did in 1929

 

[Indeependent]

China trades on the order of 2 billion dollars to N. Korea.

They do nearly 500 billion in trade with us.

Which do you think they'll prefer to keep?

Your post means nothing, because without Chinese goods and parts that can not be made in the USA, or would cost 20 times more if made in the USA the US economy would totally crash, as it did in 1929

What would cost 20 times more to make in the U.S.?
Even Tim Cook said an iPhone made in the US would add about 1/6th the price at most.

 

[Darkwind]

China trades on the order of 2 billion dollars to N. Korea.

They do nearly 500 billion in trade with us.

Which do you think they'll prefer to keep?

Your post means nothing, because without Chinese goods and parts that can not be made in the USA, or would cost 20 times more if made in the USA the US economy would totally crash, as it did in 1929

Perhaps you should think it through then.

Plain and simple. A credible threat of stopping trade with China will get China doing what we need them to do in N. Korea. The Chinese look out for themselves and a trade embargo with the US will kill them, whereas we'd be hurt, but would likely survive.

That needs to be drummed into them.

If they believe it, do you really think that an embargo will happen?

Of course, all the anti-American yahoos screaming that Trump is going to get us into a war are actually hoping he does. Because if this works, and I'm certain it will, it will make the Democrats look all kinds of stupid. Well, more stupid than they already look.

 

[Bassman007]

China trades on the order of 2 billion dollars to N. Korea.

They do nearly 500 billion in trade with us.

Which do you think they'll prefer to keep?

Your post means nothing, because without Chinese goods and parts that can not be made in the USA, or would cost 20 times more if made in the USA the US economy would totally crash, as it did in 1929

What would cost 20 times more to make in the U.S.?
Even Tim Cook said an iPhone made in the US would add about 1/6th the price at most.

Every electronic devise that you own has parts made in China, so the list is effectively everything. When Cook talks about the iPhone he is speaking of assembly in the US or China, there are still parts that are only made in China. To retool US factories would take years, long before then the US economy would be toast.

Kid you have no clue

 

[Bleipriester]

Oh no! We'll never find another source for cheap stuff.

Cheap stuff like computers and smartphones and the components therefor. Power supplies and the components therefor. Displays, ect ect. Tell Mexico to make it...

Never? Wow!
If the meantime, what will newly unemployed workers in China do?

Takes decades to rebuild, if you don´t mind. The Chinese workers will maybe be transferred to the agricultural sector, China´s actual worry.

Trump's plan would ruin their plan.

So great, Trump sacrifices the USA to hit China temporarily. The greatest President of all!

 

[Bassman007]

China trades on the order of 2 billion dollars to N. Korea.

They do nearly 500 billion in trade with us.

Which do you think they'll prefer to keep?

Your post means nothing, because without Chinese goods and parts that can not be made in the USA, or would cost 20 times more if made in the USA the US economy would totally crash, as it did in 1929

Perhaps you should think it through then.

Plain and simple. A credible threat of stopping trade with China will get China doing what we need them to do in N. Korea. The Chinese look out for themselves and a trade embargo with the US will kill them, whereas we'd be hurt, but would likely survive.

That needs to be drummed into them.

If they believe it, do you really think that an embargo will happen?

Of course, all the anti-American yahoos screaming that Trump is going to get us into a war are actually hoping he does. Because if this works, and I'm certain it will, it will make the Democrats look all kinds of stupid. Well, more stupid than they already look.

So you want Trump to turn around Chinese ships and put US companies and workers out of business. Grow up kid, this can't happen. Stop watching CNN

 

[Indeependent]

China trades on the order of 2 billion dollars to N. Korea.

They do nearly 500 billion in trade with us.

Which do you think they'll prefer to keep?

Your post means nothing, because without Chinese goods and parts that can not be made in the USA, or would cost 20 times more if made in the USA the US economy would totally crash, as it did in 1929

What would cost 20 times more to make in the U.S.?
Even Tim Cook said an iPhone made in the US would add about 1/6th the price at most.

Every electronic devise that you own has parts made in China, so the list is effectively everything. When Cook talks about the iPhone he is speaking of assembly in the US or China, there are still parts that are only made in China. To retool US factories would take years, long before then the US economy would be toast.

Kid you have no clue

Because America has no resources and never accomplished anything on it's own...ever.