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-   -   China trade deal (http://www.striped-bass.com/Stripertalk/showthread.php?t=96021)

Jim in CT 01-15-2020 08:15 AM

China trade deal
 
Phase one of a deal expected to be signed today, addressing theft of intellectual property, currency manipulation, and requiring China to buy $200 billion us US goods in two years.

We’ve been losing this trade war for decades. Several presidents have chosen not to do anything about it. This one promised to address it, and maybe he did.

I don’t know anything about international economics. But i hope it’s a win for us , would be good for the country and a massive political win for you-know-who.

wdmso 01-15-2020 08:27 AM

Quote:

Originally Posted by Jim in CT (Post 1183902)
Phase one of a deal expected to be signed today, addressing theft of intellectual property, currency manipulation, and requiring China to buy $200 billion us US goods in two years.

We’ve been losing this trade war for decades. Several presidents have chosen not to do anything about it. This one promised to address it, and maybe he did.

I don’t know anything about international economics. But i hope it’s a win for us , would be good for the country and a massive political win for you-know-who.

Its a dog and pony show most of the tariffs stay in place .

Only Trump faithful think this is a politically win

He causes the fire
Then the hero when he claims hes putting it out?
Why Trust china ? Or Trump honestly,


U.S. companies have paid $46 billion in tariffs
So all the losses and the bail out will paid back when?
Posted from my iPhone/Mobile device

PaulS 01-15-2020 08:49 AM

Hopefully they stop stealing the intellectual property (although I doubt it).

JohnR 01-15-2020 08:55 AM

Quote:

Originally Posted by PaulS (Post 1183906)
Hopefully they stop stealing the intellectual property (although I doubt it).


Agreed.

IP theft is a huge issue though and we need to find ways to mitigate it. That said, 30 years of IP theft has hurt us and advantaged them greatly

Jim in CT 01-15-2020 08:58 AM

Quote:

Originally Posted by PaulS (Post 1183906)
Hopefully they stop stealing the intellectual property (although I doubt it).

that is a key and it’s hard not
to be skeptical.
Posted from my iPhone/Mobile device

Jim in CT 01-15-2020 08:59 AM

Quote:

Originally Posted by wdmso (Post 1183903)
Its a dog and pony show most of the tariffs stay in place .

Only Trump faithful think this is a politically win

He causes the fire
Then the hero when he claims hes putting it out?
Why Trust china ? Or Trump honestly,


U.S. companies have paid $46 billion in tariffs
So all the losses and the bail out will paid back when?
Posted from my iPhone/Mobile device

it was announced awhile
ago that the tariffs would be addressed in phase two.

Trump caused the fire? before trump got elected, we had no trade deficit with china?

Take off the tin foil hat FFS.
Posted from my iPhone/Mobile device

wdmso 01-15-2020 12:50 PM

Quote:

Originally Posted by Jim in CT (Post 1183910)
it was announced awhile
ago that the tariffs would be addressed in phase two.

Trump caused the fire? before trump got elected, we had no trade deficit with china?

Take off the tin foil hat FFS.
Posted from my iPhone/Mobile device

where are the details cant seem to find any??


“This is largely a deal on Chinese terms,” said Robert Daly, director of the Wilson Center’s Kissinger Institute on China and the United States. “There is nothing we know about this deal that China wouldn’t like. And there is nothing we know about this deal that China probably wouldn’t have been willing to do some time ago.”

yet

Banks are taking back more farmland through foreclosure than at any point in the past three years as low crop prices, epic flooding and the Trump administration’s escalating trade wars abroad have left many farmers struggling to pay their debts.



Farmers have seen their net income plummet by half since 2013 and are now expected to hold nearly $427 billion in debt this year — the most since the farm crisis in the 1980s. The default rate for farm loans held by banks hit its highest level in seven years in the first three months of 2019.

Jim in CT 01-15-2020 01:32 PM

Quote:

Originally Posted by wdmso (Post 1183922)
where are the details cant seem to find any??


“This is largely a deal on Chinese terms,” said Robert Daly, director of the Wilson Center’s Kissinger Institute on China and the United States. “There is nothing we know about this deal that China wouldn’t like. And there is nothing we know about this deal that China probably wouldn’t have been willing to do some time ago.”

yet

Banks are taking back more farmland through foreclosure than at any point in the past three years as low crop prices, epic flooding and the Trump administration’s escalating trade wars abroad have left many farmers struggling to pay their debts.



Farmers have seen their net income plummet by half since 2013 and are now expected to hold nearly $427 billion in debt this year — the most since the farm crisis in the 1980s. The default rate for farm loans held by banks hit its highest level in seven years in the first three months of 2019.

you say there aren’t any details, yet you found a liberal willing to bash it.

Which is it?
Posted from my iPhone/Mobile device

wdmso 01-15-2020 03:40 PM

Quote:

Originally Posted by Jim in CT (Post 1183924)
you say there aren’t any details, yet you found a liberal willing to bash it.

Which is it?
Posted from my iPhone/Mobile device

Only in your world can you associate people asking for details, and forming a conclusion based on the only info available as

FINDING A LIBERAL TO BASH IT

Yet the Head of Trump fan club Started this thread with pom poms and grand statements , with no details. And you ask me which is it ? really :confused:

Sea Dangles 01-15-2020 04:36 PM

Quote:

Originally Posted by wdmso (Post 1183929)
Only in your world can you associate people asking for details, and forming a conclusion based on the only info available as

FINDING A LIBERAL TO BASH IT

Yet the Head of Trump fan club Started this thread with pom poms and grand statements , with no details. And you ask me which is it ? really :confused:

Jim bashes Trump on occasion so only a person who never pays attention would refer to Jim as Head of Trumps fan club. Rest up and get better Wayne.
Posted from my iPhone/Mobile device

Jim in CT 01-15-2020 06:36 PM

Quote:

Originally Posted by wdmso (Post 1183929)
Only in your world can you associate people asking for details, and forming a conclusion based on the only info available as

FINDING A LIBERAL TO BASH IT

Yet the Head of Trump fan club Started this thread with pom poms and grand statements , with no details. And you ask me which is it ? really :confused:

lies, lies, lies. I criticize him very regularly. But i don’t fabricate things just because i hate him.
Posted from my iPhone/Mobile device

wdmso 01-16-2020 09:42 AM

I know I fabricate what Trump says a does

you can have criticisms and be Trumps 1 supporter in this forum ,,, as much as you can be a Pat's Fan and have criticisms of team the game the season and still be a fan ?

Not sure why such a suggestion would be outrageous or offensive,

Jim in CT 01-16-2020 10:18 AM

Quote:

Originally Posted by wdmso (Post 1183966)
I know I fabricate what Trump says a does

you can have criticisms and be Trumps 1 supporter in this forum ,,, as much as you can be a Pat's Fan and have criticisms of team the game the season and still be a fan ?

Not sure why such a suggestion would be outrageous or offensive,

it’s not rational to say i’m a blind supporter. that’s sean hannity.
Posted from my iPhone/Mobile device

Pete F. 01-16-2020 11:06 AM

Quote:

Originally Posted by Jim in CT (Post 1183924)
you say there aren’t any details, yet you found a liberal willing to bash it.

Which is it?
Posted from my iPhone/Mobile device

How did you determine the political leaning of Robert Daly?

Because he dared to call BS on the Floridaman administration?

The claim that China will buy more ag products than before is very likely not achievable, for several reasons.

Here are the simplest of them

1. We have lost capacity in the past few years and farmers are hesitant to borrow and/or invest in future possibilities given the fluidity of current policies and bankers are not too interested either. Perhaps the Fed can support Floridaman's agricultural agenda so our great farmers can achieve his Stalinist Five-Year Plan.

2. Commodity prices are considerably less than they were several years ago, this would require almost twice the production to achieve even the previous dollar volume, never mind increasing it.

When Floridaman shoots Rudy in the middle of 5th Ave, you'll fall right into line saying "But.........


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