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  1. #256
    NBA Legend and Hall of Famer 1987_Lakers's Avatar
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    Default Re: How Trump outsmarted China


  2. #257
    NBA Legend Hey Yo's Avatar
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    Default Re: How Trump outsmarted China

    Hong Kong/London
    CNN

    High-level talks between the United States and China have begun in Geneva, Switzerland, Chinese state media reported on Saturday, in a possible thaw in the trade war sparked by President Donald Trump’s massive tariffs.

    Vice Premier He Lifeng will lead the talks on the Chinese side, while US Treasury Secretary Scott Bessent will be America’s chief representative, state broadcaster CCTV said in a brief report.

    Bessent urged the public earlier this week not to expect a major trade deal out of the meetings, but he acknowledged it was an important step in negotiations.

    More
    https://www.cnn.com/2025/05/10/busin...eneva-hnk-intl

  3. #258
    It is what it is TheMan's Avatar
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    Default Re: How Trump outsmarted China

    The US learned China was in Switzerland to meet EU countries to expand on their new trade deals, so she hightailed it to Switzerland like the crazy ex-gf that dumped her bf, told him she didn't need him at all and now realizing dude's hooking up with other girls, she's stalking him and begging him to call her

    But wait MAGA, were the tariffs goal to bring back manufacturing? If so, why even negotiate with China at all? They should be in place permanently to force US companies back, no? Short term pain, long term gain?

    Now Trump is saying tariffs with China are for better trade deals, they have been ripping us off for years...so then bringing back manufacturing is now not a thing? The goal is to simply have better a trade deal with China? Can whiner234 explain? Hey Yo and warriorfan are clearly to stupid to even attempt at explaining this so what's all this about, whiner234?

    BTW, China isn't ripping us off, China didn't force US companies to relocate and trade deficits isn't stealing, we're buying goods and they are sending it to us, it's like saying grocery stores are ripping us off because we keep buying from them week after week. Trump literally is the dumbest POS ever to step into the WH, makes GWB look like a genius.
    Last edited by TheMan; 05-11-2025 at 02:13 PM.

  4. #259
    NBA Legend and Hall of Famer warriorfan's Avatar
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    Default Re: How Trump outsmarted China

    Quote Originally Posted by TheMan View Post
    The US heard China was in Switzerland to meet EU countries to expand on their new trade deals, the US heard about it and hightailed to Switzerland like the crazy ex-gf that dumped her bf, told him she didn't him and now realizing dude hooking up with other girls, she's stalking him and begging him to call her
    You sound like a gay gossip queen.

  5. #260
    It is what it is TheMan's Avatar
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    Default Re: How Trump outsmarted China

    Quote Originally Posted by warriorfan View Post
    You sound like a gay gossip queen.
    This from the guy fixated on gay **** sex.

  6. #261
    NBA Legend and Hall of Famer warriorfan's Avatar
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    Default Re: How Trump outsmarted China

    Quote Originally Posted by TheMan View Post
    This from the guy fixated on gay **** sex.
    You yourself said you don’t like gays.

    Giving you a heads up muchacho.

    You sound pretty gay right now.

  7. #262
    81 on the Raptors BigKobeFan's Avatar
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    Default Re: How Trump outsmarted China

    Quote Originally Posted by warriorfan View Post
    You yourself said you don’t like gays.

    Giving you a heads up muchacho.

    You sound pretty gay right now.

  8. #263
    NBA Legend and Hall of Famer 1987_Lakers's Avatar
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    Default Re: How Trump outsmarted China

    Quote Originally Posted by TheMan View Post
    The US learned China was in Switzerland to meet EU countries to expand on their new trade deals, so she hightailed it to Switzerland like the crazy ex-gf that dumped her bf, told him she didn't need him at all and now realizing dude's hooking up with other girls, she's stalking him and begging him to call her

    But wait MAGA, were the tariffs goal to bring back manufacturing? If so, why even negotiate with China at all? They should be in place permanently to force US companies back, no? Short term pain, long term gain?

    Now Trump is saying tariffs with China are for better trade deals, they have been ripping us off for years...so then bringing back manufacturing is now not a thing? The goal is to simply have better a trade deal with China? Can whiner234 explain? Hey Yo and warriorfan are clearly to stupid to even attempt at explaining this so what's all this about, whiner234?

    BTW, China isn't ripping us off, China didn't force US companies to relocate and trade deficits isn't stealing, we're buying goods and they are sending it to us, it's like saying grocery stores are ripping us off because we keep buying from them week after week. Trump literally is the dumbest POS ever to step into the WH, makes GWB look like a genius.
    Is this what the news that is feeding you BS is trying to spin it? USA-China met for 12 hours yesterday and all day today. Word on the street is a new trade deal is near. Polymarket now has a USA-China trade deal happening before June at a 85% chance after being just 20% just a few days ago.

    https://polymarket.com/event/us-chin...=1747010857314

    We win again fam!
    Last edited by 1987_Lakers; 05-11-2025 at 09:43 PM.

  9. #264
    NBA Legend and Hall of Famer 1987_Lakers's Avatar
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    Default Re: How Trump outsmarted China

    China will keep 10% tariff on USA

    USA will keep 30% tariff on China

    While talks for a deal will continue.

  10. #265
    It is what it is TheMan's Avatar
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    Default Re: How Trump outsmarted China

    Quote Originally Posted by 1987_Lakers View Post
    China will keep 10% tariff on USA

    USA will keep 30% tariff on China

    While talks for a deal will continue.
    That's great news

  11. #266
    NBA Legend Hey Yo's Avatar
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    Default Re: How Trump outsmarted China

    Quote Originally Posted by TheMan View Post
    That's great news
    When does your predicted recession going to start?

  12. #267
    NBA lottery pick rawimpact's Avatar
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    Default Re: How Trump outsmarted China

    Just because China meets with other countries does not mean it can just create a demand. How dumb can one be to think China has any leverage in this? One cannot replace 400M of some of the world's wealthiest people as a consumer....

    The US will always have the leverage because it has the demand.

    When all is said and done, the USA will be in a better place vs before. It's about time we start using our leverage to make trade fair for the few things we do export.

    When a final trade deal is done, the stock market will be at or higher vs what it was before. Funny how people cry about the stock market and use retirees as the victims. No Retiree is liquidating all their assets on a dip... just dumb logic. The end goal is to increase US financial position. This means offering tax incentives (on SS, OT, TIPS etc. as mentioned by Trump, so again, how does that not help our retirees?)

  13. #268
    It is what it is TheMan's Avatar
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    Default Re: How Trump outsmarted China

    Quote Originally Posted by Hey Yo View Post
    When does your predicted recession going to start?
    Hopefully it doesn't but major economists say it's already too late. You know who suffers the most in recessions? Us.

    BTW, I don't know if this new trade deal which is obviously still in the works is a W for the US because a bunch of goods we buy are now 30% more expensive. Yay, let's spend more for the stuff we buy!

  14. #269
    NBA Legend and Hall of Famer 1987_Lakers's Avatar
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    Default Re: How Trump outsmarted China

    Quote Originally Posted by rawimpact View Post
    Just because China meets with other countries does not mean it can just create a demand. How dumb can one be to think China has any leverage in this? One cannot replace 400M of some of the world's wealthiest people as a consumer....

    The US will always have the leverage because it has the demand.

    When all is said and done, the USA will be in a better place vs before. It's about time we start using our leverage to make trade fair for the few things we do export.

    When a final trade deal is done, the stock market will be at or higher vs what it was before. Funny how people cry about the stock market and use retirees as the victims. No Retiree is liquidating all their assets on a dip... just dumb logic. The end goal is to increase US financial position. This means offering tax incentives (on SS, OT, TIPS etc. as mentioned by Trump, so again, how does that not help our retirees?)
    You had posters in here convince themselves that China didn’t care about the tariffs and wouldn’t talk to us about a deal.

  15. #270
    It is what it is TheMan's Avatar
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    Default Re: How Trump outsmarted China

    Quote Originally Posted by 1987_Lakers View Post
    You had posters in here convince themselves that China didn’t care about the tariffs and wouldn’t talk to us about a deal.
    I hate to break it to you but China's exports have gone up compared to last year's by 8.1%

    What rawimpact doesn't realize is that China is trading with new partners since the US imposed those heavy tariffs, the demand was there but since the US was a steady customer albeit not so reliable, the products they were shipping to the US is now going into new markets. Meanwhile the US hasn't been as successful finding new purveyors of the goods we aren't receiving from China anymore, hence the empty ports and soon empty shelves economists are saying will be seeing in a matter of days/weeks...

    Yes, China's exports have generally seen growth in the rest of the world, despite some fluctuations and specific trade challenges. In April 2025, China's overall exports rose by 8.1% year-on-year. This growth was driven by increased exports to certain regions and countries, including Southeast Asia, Latin America, and India. However, exports to the U.S. experienced a decline in April.
    Key Factors:
    Diversification of Export Destinations:
    China has been diversifying its export destinations, particularly to countries within the "Belt and Road Initiative" and Southeast Asia.
    Trade War Impact:
    While exports to the U.S. were affected by tariffs, other markets helped offset the decline.
    Pre-Tariff Rushing:
    Some exporters rushed to ship goods before higher tariffs took effect, leading to increased exports in some months.
    Strong Growth in Specific Sectors:
    Some product categories, such as semiconductors, experienced significant export growth.
    Domestic Economic Factors:
    China's domestic economy, particularly the housing market, has also influenced export patterns, with the government relying more on exports to offset the economic downturn.
    Specific Examples:
    Southeast Asia:
    Exports to Southeast Asian countries saw significant growth, with Vietnam and other countries experiencing high year-on-year increases.
    Latin America:
    Exports to Latin America also experienced growth, contributing to the overall export increase.
    India:
    Shipments to India increased significantly, indicating a rising trend in China's exports to that country.
    U.S.:
    Exports to the U.S. fell in April, largely due to new tariffs.

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