China is running out of options to hit back at the United States without hurting its own interests, as Washington intensifies pressure on Beijing to correct trade imbalances in a challenge to China’s state-led economic model.
China said this week it would impose higher tariffs on most U.S. imports on a revised $60 billion target list. That’s a much shorter list compared with the $200 billion of Chinese products on which Washington has hiked tariffs.
Washington has also turned up the heat on other fronts, from targeting China’s tech firms such as
Huawei and ZTE to sending warships through the strategic Taiwan Strait.
[…]
“The medium- to long-term ramifications on supply chains are being deeply underestimated. I would be severely concerned if I was China,” Robert Lawrence, a nonresident senior fellow at the Peterson Institute for International Economics, recently told journalists in Beijing, where a group from the think-tank met with senior Chinese officials.
Meanwhile in Chinada: Potatus minor* and the Red Dwarf will “not be rushed”…
* Better
“Foreign-ownership controls and government meddling, federal and provincial, prevent open airline competition and may be forcing Canadians to pay more for air travel.”
A
@peoplespca
government will stop this meddling and bring more competition.
(link: https://www.maximebernier.com/fairness_in_air_travel_sp) maximebernier.com/fairness_in_ai…
https://mobile.twitter.com/MaximeBernier/status/1129030939357732864
Terence Corcoran: Let’s put some real foreign competition into WestJet’s new flight plan (link: http://business.financialpost.com/wcm/6dee1774-5270-4b7e-91a4-156f0388976f) business.financialpost.com/wcm/6dee1774-5… via
@nationalpost
Potatus minor and the red dwarf.
Sounds like a far out, not too bright, constellation.
Stolen.
This is what happens when you let a communist country like China keep running with its government intact.
Unless Trump is going to inspire regime change, China will still be a threat to global security and the economy.
Justin knows who he works for and Canadians who don’t give a sh– that Chinese-made dog biscuits and candy for children are widely available know it.
“Justin knows who he works for and Canadians who don’t give a sh–…”
Right on both counts, O K.
Initially, Ottawa’s lack of response to Beijing’s bullying might have been subscribed to typical Liberal gutlessness. But as the months pass and turdo’s arrogant snout gets pushed ever deeper into shit on the international stage, it can mean only one thing: turdo la doo and his Ivory Tower Trash are so utterly compromised by the Chi-comms that have no choice but to sit there and take it.
When you are owned – as Justin is – you know when to shut up and take it.
Forget regime change. Just depress them enough that they will go for a hard reset and start jumping to each others’ throats. China’s history is a history of brutal uprisings lead by wonna be despots against equally brutal despots in power. They should never be allowed to move beyond that.
Well she’s no Kelly LeBrock. https://www.youtube.com/watch?v=ZukN1KpIy6M
No she is not.
https://uploads.disquscdn.com/images/a886d543e200378573665619c41cbec343121c54c5a7d04793ebf102ba4b6c2f.png
You sure got that right. Lol.
Ah, yes. It’s hard to forget…
“Lady in (a very tight dwarf) Red.”
by Chris de Burgh ’86
from the album “Into the Light”
Kate;
Unusually catty of you!
Although you did accompany the post with one of her better photos. No cellulite close ups in the image. That photo was from the days when her husband, the NYT’s columnist listed her as his spouse living with him in NYC. Funny how that wikipedia post disappeared after it was reported on your blog.
Her Commie Mother’s association with Jorge of Sorrows is still well documented on the net. Is it possible that TDIR’s (the dwarf in red) international connections are the pipeline to foreign funding of the natural party’s election / re-election bids?
Well you made me click on the link.
Kate: Red Dwarf. One for the ages.
As a life long free market libertarian, cum anarcho-capitalist, I would once have rejected the Trump trade war with China.
HOWEVER having just finished the must read ‘American Betrayal’ by Diana West (about commie infiltration of Washington beginning in 1933) I now favour this strategy.
It is now crystal clear that the Austrian school’s philosophy of global trade as a necessarily moderating influence in totalitarian regimes is tragically naive.
It’s now clear that a large number of self-described ‘free market libertarians’ like you were liars and authoritarians a few slices short of a full loaf. There is no evidence is compromising us like the USSR did in the ’30s, nor is there any reason to believe that trade restrictions would change that.
Absolutely, I too love Austrians but one cannot afford the luxury of being Austrian in a world with Chicoms, Pootinistan and global Jihad.
When it comes to Ms. Freeland, my cattiness knows no bounds. She talks down to people in the slow, exaggerated, empty way you would to a thick child. Her constant smirk of smug superiority (while she plumbs new depths of incompetence) is grating. She strolls around the world insulting her betters with a stream of repetitive Soros-speak. Trump referred to her directly during trade talks by saying “We don’t like their (Canada’s) Representative very much.”
She thinks she’s hot. She wears essentially the same dress in different colors all the time. It never looks good on her. (MEOW) I was elated to hear she will run the election campaign because she has a reverse Midas touch. Canada used to be well respected before that duo kept shoving their faces in front of TV cameras telling people how hard they are working.
I will try to restrain myself in the future. Success unlikely.
Exclusive: Canadian security agencies alarmed by gaps in parties’ networks as election approaches
I blame the Russians, Trudeau says Nyet.
https://ca.reuters.com/article/topNews/idCAKCN1SM273-OCATP
“Foreign Minister Chrystia Freeland has said she is very worried about Russian interference”
like the one that hit Hillary Clinton’s campaign in 2016.
“Russians allegedly hacked into her campaign chairman John Podesta’s emails. They were later published by WikiLeaks during the run-up to the election. The candid emails are widely considered to have hurt Clinton’s presidential bid.”
“The Russians will say ‘All those security safeguards you talk about are not going to stop us from doing what we want,’” said a fourth source with direct knowledge of the matter.”
Reuters being all the CNN they can be
There is something to ponder.
China, as per history was always isolationist society. Being multitudes of people early emperors perhaps thought that they don’t need anything from anybody. The rulers were well off and the peasants did not know any better. Everybody was happy and to keep it that way, they built themselves a big wall. It was basically an agrarian societal structure.
The US was always built on manufacturing and trade. Have done very well by that. For the past few centuries they built the best industrial machine that there was, except perhaps Germany.
The trade imbalance is a big problem for the US, just about every country in the world depends on trade with the ‘mericans. That is where the cash money is. Like it or not.
Now, Trump just wants the tariffs to go away, he is for free trade, his problem is that the trade to the US is free or relatively free, trade from the US to other countries is burdened with all kinds of taxes, tariffs, charges and on and on.
When it comes to the tariffs between China and the US, of course China puts duties on everything coming out of the US. There may be some of it the other way, though the difference is in magnitudes.
One would think that Trump will outdo, outlast the Chinese and they will agree to some kind of close to free trade arrangement.
Americans can outlast Chinese as things stand today.
The Americans, being a free society has to count on the population to support that.
The Chinese on the other hand can turn on a dime, as one idiot politician would say, and if the population suffers it will not bother the communist ruling class, they’ve been there before and most of the rural population does not have it any better than through the old Mao communist repression times.
It remains to be seen if Americans will stick with it and Chinese turn back into their big wall times.
In any case, Americans may have some hard times, though Chinese industry will collapse.
This is no deep study, just an observation, this is what I think.
“The trade imbalance is a big problem for the US”
No it isn’t, anymore than my trade imbalance with my grocery store is a problem.
One gathers you’re all better now.
Touche.
Then stop shoplifting.
Maxime Bernier
@MaximeBernier
*PPC Electoral Platform 2019*
A 2016 study concluded that interprovincial trade barriers cost Canadians roughly $100 billion in lost economic opportunities annually. This is equivalent to a staggering $7,500 per household every year.
PPC
2019 ELECTORAL PLATFORM
Internal Trade: Getting rid of interprovincial trade barriers
https://www.peoplespartyofcanada.ca/internal_trade_getting_rid_of_interprovincial_trade_barriers
Throw in the $30 billion per year that useless rule and regulation costs us and it gets even better.(2012 numbers taxpayers Federation)
Funny how pointless actual production is in This broken country.
It is the job of the Canadian government to keep us out of this fiasco until a sane regime takes over in the US. It’s not our jab to pay for Turmp’s Sinophobia.
It’s not my responsibility to pay for Justin Sinclair’s or Chrystia Chomiak’s blatant anti-Americanism and anti-Semitism either. But I do anyway.
Freeland and her teenaged dresses always remind me of an over stuffed sausage. With her Ukrainian background….. Trudeau surrounded himself with like minded cabinet ministers. Of course he is a no mind so…..
Maxime Bernier
@MaximeBernier
Canada is not a shopping centre, where any foreigner can come and buy a citizenship or future education and employment opportunities for their children, without following the proper immigration channels.
A @peoplespca gov will change the law to make birth tourism illegal
https://mobile.twitter.com/MaximeBernier/status/1129172748658515969
Richmond Hospital leads the way as birth tourism continues to rise (link: https://vancouversun.com/news/local-news/richmond-hospital-leads-the-way-as-birth-tourism-continues-to-rise/) vancouversun.com/news/local-new…
This is where are tax dollars go to, pregnant foreigners! The newborns get automatically Canadian citizenship.
@MaximeBernier
https://vancouversun.com/news/local-news/richmond-hospital-leads-the-way-as-birth-tourism-continues-to-rise/amp?__twitter_impression=true
Excellent job Mr President. The enemy is hurting, keep the pressure until the hardliners decide that all this capitalist mumbo jumbo is a lie and it is time to reset ala Great Leap Forward again. Make Chicoms collapse on themselves. Historically, when they collapse, it tends to be rather spectacular.