How China Can Avoid the Looming U.S. Tariffs
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- Опубликовано: 28 авг 2024
- Sep.06 -- Deborah Lehr, Basilinna chief executive officer and Paulson Institute vice chair, discusses the outlook for U.S. trade relations with China. She speaks with Bloomberg's David Westin and Shery Ahn on "Bloomberg Markets: Balance of Power."
Put tariffs .... deficit increases, agriculture subsidies rise, agri exports fall, china exports diversify, de-dollarization gains traction. Who wins exactly? I don't know.
In Canadian supermarkets today- the agricultural products that used to be from the USA are now on the shelves and they originated in SOUTH AFRICA.
I tell you what will happen : The Chinese they will buy things from other place very little from USA and the Americans they will lose a valuable market which they won’t get it back even if they low the tariffs. This was a awake call for chiense to diversify and looking up to more other countries to make trade.... who lose ? USA of course !
China makes it impossible for us to ship goods there with extremely high tariffs already in place.
We can have all of the stuff they sell at Walmart made in Malaysia or Indonesia or the Philippines we do not need China - they cannot steal the technology they steal anywhere but the United States.
People who do not see that this country is gearing up for a future war for United States are very simple minded - and the billions of trade surpluses are what they are using the fund their army and their burgeoning navy- which wants to completely control the world shipping lanes through the South China Sea.
It’s hard to believe that all of the previous American presidents let this go on for so long - although the Clintons and Al Gore were caught directly taking illegal campaign contributions from them in exchange for this rape of America.
Donnie Fats doesn't have the first clue and Secretary Ross is desperately looking for a way to get out of there before the sheriff arrives.
The US is totally lost.
What are your suggestions to reduce the US debt?
@Andrew Ross There is word called logistics, time and price. It's not easy as it seems.
Lets be more civilized and drop vulgarity here. Only emphasized that China did not surrender despite the extremely hash WW2 conditions. That fighting spirit will be extended to the tariffs trade war.
Only stating a fact. Isn't this what we are seeing now ?
Not defeated doesn't mean they won, hell the Chinese kill more of there own people than the Japanese did ,
Tariffs are a 1st step to Americas long term plan it not about hurting China its about helping the American People
The China that did not surrender to Japan is called Republic of China or Taiwan right now, not communist China.
Yeah, and so did the Soviet and the US. They are the big boys, giving up now will only hurt their reputation. This will be a long and painful fight.
But I think the US has several key advantages right now.
Tariffs can't deny tariffs
We weren't denying their so high (unrighteous) tariffs for many years
Trade with the rest of the world we as a country are losing markets for all our goods the farmers are going to hurt and they feed all of us just think on that one
We are losing are domestic markets in America as well as a result of Exporting are jobs America is losing Market share domestic area and losing the job Market there a Trend as America keeps exporting there jobs you also will see curve in Education folling it another this is another loss
Xi Jin Ping's hair is better than Trump's
How could a wealthier country with high costs of living, operating costs, labor costs, energy costs, etc ever expect a poorer nation with relatively low manufacturing costs and low wages to match the value of consumption of those much more expensive goods?!?!
What about China put 300% Tax on all products made in USA?
What if you wanted to build a factory in Canada and Canada required you to give them ownership in your company ? What if you agreed and Canada then stole the IP of the company ?
You'd have a stronger Canada :)
Then don't build a factory in Canada.
Clear speech, intelligent dialog, and informative; easy flow for understanding. Your company has the best formula for delivering news. A big thank you. You get my thumbs up.
The way I see it is that because we import more, our consumers will end up paying more.
The negotiation with US is pointless. After the first agreement was signed, US just teared up it. That leaves no room for Chinese, but ignore US. The only quest from China would be that, Don't ring me anymore.
Actually a elegant solution for the U.S. is to simply buy less from China instead of those onerous tariff which is actually a indirect tax on its own citizens. Buy less from China and more from elsewhere.
Tariffs on Chinese goods is a tax on the American people not the Chinese. Not sure why so many Americans would support paying extra taxes.
As China’s currency is devalued it doesn’t just offset the US tariffs but makes Chinese goods more attractive around the world. This will only speed up Chinas ability to diversify and become less reliant on the US as a market for their goods.
As for the trade chart. I would be curious to see the breakdown of how much of the trade deficit is actually goods sold by American corporations from China.
Regarding stealing IP I’m sure over the years ides have been “borrowed” by many countries including the US. Every country has their own patent system or ways of protecting ideas, they all have different rules. This is only a theory, but my guess is we are starting to see a more educated population in China. They are in major construction projects and starting a space program. This experience will only make them less reliant on others.
Dame it , why US trade war is so hard to win? may even losing it in the end.
because US want too much.
It is bad to start war.
Ironically,it's Donald Trump who thought it easy.
Economy run by currency that is backed by gold and oil VS Fiat currency(HP-printed money). Enough said?
hahaa if there is any chance to lose, u ccp mainlanders will not come here. u will eat dogs to celebrate beforehand!
China got to where they are by stealing , cheating, and lying. If this war goes on, china will collapse in six months. Their economy is built on used toilet paper. It is to no surprise the Chinese elite don't wanna live in china, they all want out.
China does not avoid the US tariff. The US corporation is trying to avoid tariff. Who pays the tariff? the US corporation, not Chinese.
China got about 6.8% so far for the first half of this year. China has $3.1T foreign currency reserve and over $1T treasury bill. China will not change by Trump's little disturbance.
America First.
No worries China First
Any one can play this game
Apple should give all better prices in the USA for forgiving them and allowing them back to the USA...such margin, assumption and gall.
Simple, Chairman Mao told them to keep Independence and self-reliance policy.
Any deal is better than no deal. I hope both sides can agree to something and address each other trade concerns.
Not increasing the tariffs would save taxpayers money so the domestic markets could grow. Buy only American when it's needed. Cancel all the contracts with the Americans as soon as possible. Buy on the local markets and the rest of the world. Stop shitting on each other.
What are your suggestions to reduce trade deficit of the USA with China? Any idea? If you do not have any idea, do not criticize Trump, who is at least trying to stand up against China.
Trade deficits are not always a bad thing. I'm personally not concerned.
every man wanna be rich, every country wanna have trade surplus, but that doesn't mean you should use FORCE (or rob, tariff) to achieve it. If US could produce a few more great products such as Apple iphone, the trade deficit gap could easily be closed. Unfortunately its citizens have became spoilt brats, waiting for the government to feed them, brain juice no longer flows. They only know how to use short-cuts(but agitate everybody) to achieve their goals.
the usa blames china for this and for that, the chinese have beaten the usa at its own game, why doesn't the usa stop trading with china all together? answer, the usa economy would collpase but china can stop trading with the usa any time they want and their economy will not collapse.
The USA has already lost, the agricultural sector will never recover the Chinese market. Any businessman knows that unreliable supply chain suppliers are best replaced and the Chinese firms are very happy to replace the American firms.. Between the BRI and internal domestic market the decrease in trade with America will just be a small ripple.
Pull Trade with China Give it to are allies as well as Mexico and Canada in a Balanced distribution
the trade is no the US gives to China, you moron! China never forced American companies to buy their goods, they choose Chinese products instead of other only because they are at best quality associated price on the market! and you can't just give it to Mexico or Canada as well. because American companies will still search for the best next alternatives on the international market by their own choices!!
Where are the exports to China through subsidiaries?
Very objective discussion
And they didn't mentions not only China is talking with Africa and Middle East. But also Southeast Asian country as well. Seem like this news articles is trying to discourage progress in Southeast Asia by keeping it a low profile.
You don't even know the different between Southeast Asian and Chinese. So you have no argument here other then confusing yourself. Remember American like yourself see all Asian are Chinese anyways. lol
@Michael Douglas But Russia and China are now talking about making new currency and ASEAN or Southeast Asian will soon join them!. Too bad you only seek hating on something so progressing and logical.
War is bad for humanity.
America, feel free to continue acting as a bully! We all know what happens to a bully in the end.
i am already seeing the effects of these tariffs i cant afford half the stuff i need because prices are going up on food and everything else i not sure what to do anymore and by the way i work
US Tariffs on Chinese goods will impact the supply chains established in China, and Asia, driving manufacturing investment to other countries, with no trade conflicts with the USA, either in Asia or in Latin America, where Mexico for example, has just negotiated a renewed trade agreement with the Trump administration, other countries in the region will also benefit as companies always seek greater returns and abhor trade tariffs impacting their product´s competitiveness.
Hope US consumers can avoid higher costs ... the impact will be clear in 2019.
They cannot. China just announced that the new auto manufacturing plant will not be built, because of the tariffs. Canada will be joining them as members of the 25% tariff club. A month ago, Canada's auto industry was worth $80 billion. I would not be investing in it, if I were you.
China is behaving like a businessman.
They have been dealing way back ....
what they were complacent was their dependence on US technologies and trading system.
China had more trade because China made more for the world China had more countries to trade with not just Americans,Americans need China China needs Americans.China is not the only country with trade with Canada Mexico and Europe.
China can revoke US IP registered there, which will allow any Chinese company to use these IP legally. And finally China can nationalize US companies and hand them to their Chinese counterparts.
Wow Deborah is one very smart lady who really knows her stuff. She simplified what is complex, that even I understood having no finance background. A characteristic of a rare breed of leader yet also a strong sign that I'm seeing more of, mature females on the rise, out-performing, out-thinking the males.
Set aside retaliation.
Just consider the effectiveness of the tariffs.
Then add retaliation.
Chinese imports are too integrated into US manufacturing and Chinese consumption goods are too price inelastic for tariffs to be effective.
Then a govt can better facilitate alternate supplies for the limited types of agricultural commodities than for varied types of goods.
Before you want to war win the chinese, go and learn their culture, how they do business... Know the meaning of tai chi that jack ma said before, when enemy attack follow their flow, and push back to them... So trump, the trade war.. Do u feel the rubbish that u did?
we are so ready to pay higher prices we love it
Well that backfired, soy beans....now it's 6:1 import ratio. These guys are so naive
we don't avoid, we fight back. ok?
At the end of all fees and costs
Is still tariffs
Something that will remain the same
A charge for doing business after the total value of merchandise negotiated in business
China will have to bend down and:- A) allow economic margins to Trump/USA, B) accommodate Trump/USA on North Korea, C) accommodate Trump/USA on Iran oil import and D) Behave on South China Sea ...........
Or they can just ride this out, miss a meal or two till America collapses. Hopefully all 50 states breaks up to make sure it will never have the military and economic might to invade another country ever again.
Endelig Gnist ... this is a remarkable theory ... if this was to be propagated then the same premise will suggest that while China aims to 'just ride this out, miss a meal or two' China finds itself breaking down in separate entities like independent 'Tibet, Inner Mongolia, Taiwan, Hong Kong' and so forth !! ... Among all these suggestions, Trump must take the step and call China's bluff!
China have the world market, USA must make a deal with the strongest economy.
china will work with India Africa and Russia why whey invests so much money and gaol is stop trade with the USA.
4th of July cannot will not made by America?
If only trump could unite the rest of the world towards a common competitor....he's well on his way!
its better that trump taking this tough stands , even if as a emerging economy india will take a lot of hits economically but rise of xi putin erdrogan as a complete dictator is like rise of another axis power ....... what the difference between this 3 and leader like gaddfi or saddam
Order the importers to buy Chinese goods with RMB. Done deal.
Obviously Shery Ahn is trying very hard to proof herself buy her body language to accent is funny and her question is so naive ...... sorry to say that she needs more time to be train as an anchor
what trump do with his administration is making a policy that what his supporter want to see happen , its not a bad way he is a politician . but for a long time effect we dont really know just hope it will be okay,. because if USA fall they will drag other nation too because of their big economy either we like it or not
What about India 😂 India is very silent at the moment😁
There's just too much confusion with the Tarriffs.
the Asian girl trying to sound as non- accent as possible... but failed
2:00 good answer. next china can impose an export tax on american firms operating in china and shipping out. next not buy or begin slowly selling usa treasuries. finally out right nationalization of usa businesses in china.
us market to china is nothing
ㅡ서구식 산업혁명제조업 ㅡ10% ㅡ부가가치울
ㅡ생물플랜트 부가가치율은 일반적 45% ㅡ특수용품 50% ㅡ55% 받습니다
amazing china , talk good speak good the world become good
ㅡ슈퍼복숭아 ㅡ한개당 원가가 5000원 ㅡ부가가치울은 45% plus = 힐개당소비자가격은 9500원/(호텔납품시 소비자 가걱/ 10,000원)이 됩니다 ㆍ특히나 산삼ㆍ인삼ㆍ특용작물은50~55% 소비자가격인상 됩니다ㆍ최상급 상품이 매우높다
kickout iphone and kfc.
Belt Road will not work,to many hands in the till.The US will simply buy from Vietnam,where the US has built a huge port for future use.
女主持是華裔吧？
I like it when they talk about china ..they always put a token Asian on
China should pay for the wall. Trump might then stop with the Tariffs lol
I love innuendo. You don't need any facts, just suggestion...
Go ahead China let’s have a trade conflict. China has venerabilitys.
Let’s take advantage of that and finally get a fair trade deal that is fair for both countries.
공부는 해야한다ㆍ힘든 노동은 용역불려서처리합니다 ㆍ주식매입 합니다
YES. ..em always protect THEM
이해가 갑니까 ? 노동가치설 대비 인간의 삶의 질적향상도모합니다 ㅡ
Tariffs until they plat fare.
Tariffs till America collapses.
Back to bartering. !
Cease fire on the spot.
What is these females here
Yo Yo Yo 🙆🏽♂️🚀🏋🏽♂️
🤘🤘🤘🤘🤘🤘🤘
I see a lot of Keyboard Chinese Warriors - . - Waving G bye to you C man
Answer:
Just wait til trump’s out of office..
It won’t be long
Get this right! China is the ultimate number one superpower.
Trying anything can only be a catalyst.
I think the Chinese are smart people & nobody know this thing call Business like them!