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US - China tariffs war
Rank: Elder Joined: 12/7/2012 Posts: 11,937
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T-Bag wrote:Based on the below alone China should be affected more
"The U.S. imported a record $539.5 billion in goods from China in 2018. The U.S. is a net importer from China in most market segments such as consumer electronics, apparel, furniture and industrial supplies. The one major exception: agriculture.
By contrast, the U.S. shipped a much smaller $120.3 billion in goods to China last year, Census trade figures showed"
Thus US makes more on the tariff biachara The question is what alternatives does US have to get the imported products they source from China from elsewhere where the tariffs would be lower? Where will they source these goods, i think that is why China have an edge? In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Veteran Joined: 9/21/2011 Posts: 2,032
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Angelica _ann wrote:T-Bag wrote:Based on the below alone China should be affected more
"The U.S. imported a record $539.5 billion in goods from China in 2018. The U.S. is a net importer from China in most market segments such as consumer electronics, apparel, furniture and industrial supplies. The one major exception: agriculture.
By contrast, the U.S. shipped a much smaller $120.3 billion in goods to China last year, Census trade figures showed"
Thus US makes more on the tariff biachara The question is what alternatives does US have to get the imported products they source from China from elsewhere where the tariffs would be lower? Where will they source these goods, i think that is why China have an edge? What will happen is that companies manufacturing in china will start closing some factories and opening in other countries where theyre not subjected to tariffs. Basically Trump wants to muzzle and suffocate China slowly
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Rank: Elder Joined: 12/7/2012 Posts: 11,937
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limanika wrote:Angelica _ann wrote:T-Bag wrote:Based on the below alone China should be affected more
"The U.S. imported a record $539.5 billion in goods from China in 2018. The U.S. is a net importer from China in most market segments such as consumer electronics, apparel, furniture and industrial supplies. The one major exception: agriculture.
By contrast, the U.S. shipped a much smaller $120.3 billion in goods to China last year, Census trade figures showed"
Thus US makes more on the tariff biachara The question is what alternatives does US have to get the imported products they source from China from elsewhere where the tariffs would be lower? Where will they source these goods, i think that is why China have an edge? What will happen is that companies manufacturing in china will start closing some factories and opening in other countries where theyre not subjected to tariffs. Basically Trump wants to muzzle and suffocate China slowly Personally i think in the long run/long term China will still win this war hands down. Let us give it 2030 horizon. In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Veteran Joined: 9/21/2011 Posts: 2,032
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Angelica _ann wrote:limanika wrote:Angelica _ann wrote:T-Bag wrote:Based on the below alone China should be affected more
"The U.S. imported a record $539.5 billion in goods from China in 2018. The U.S. is a net importer from China in most market segments such as consumer electronics, apparel, furniture and industrial supplies. The one major exception: agriculture.
By contrast, the U.S. shipped a much smaller $120.3 billion in goods to China last year, Census trade figures showed"
Thus US makes more on the tariff biachara The question is what alternatives does US have to get the imported products they source from China from elsewhere where the tariffs would be lower? Where will they source these goods, i think that is why China have an edge? What will happen is that companies manufacturing in china will start closing some factories and opening in other countries where theyre not subjected to tariffs. Basically Trump wants to muzzle and suffocate China slowly Personally i think in the long run/long term China will still win this war hands down. Let us give it 2030 horizon. I also hope China wins the war in the long run. For now China more inclined to wait out and see if trump wins in 2020.
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Rank: Member Joined: 5/17/2008 Posts: 489
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limanika wrote:Angelica _ann wrote:limanika wrote:Angelica _ann wrote:T-Bag wrote:Based on the below alone China should be affected more
"The U.S. imported a record $539.5 billion in goods from China in 2018. The U.S. is a net importer from China in most market segments such as consumer electronics, apparel, furniture and industrial supplies. The one major exception: agriculture.
By contrast, the U.S. shipped a much smaller $120.3 billion in goods to China last year, Census trade figures showed"
Thus US makes more on the tariff biachara The question is what alternatives does US have to get the imported products they source from China from elsewhere where the tariffs would be lower? Where will they source these goods, i think that is why China have an edge? What will happen is that companies manufacturing in china will start closing some factories and opening in other countries where theyre not subjected to tariffs. Basically Trump wants to muzzle and suffocate China slowly Personally i think in the long run/long term China will still win this war hands down. Let us give it 2030 horizon. I also hope China wins the war in the long run. For now China more inclined to wait out and see if trump wins in 2020. They are still Chinese companies. ..it's very difficult to enter the Chinese market.
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Rank: Elder Joined: 12/9/2009 Posts: 6,592 Location: Nairobi
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Apparently, future versions of Huawei smartphones hat run on Android will also lose access to popular services including the Google Play Store and Gmail and YouTube apps. Looks like Huawei is a major target for Trump here...
BBI will solve it :)
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Rank: Elder Joined: 4/9/2008 Posts: 2,824
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T-Bag wrote:Based on the below alone China should be affected more
"The U.S. imported a record $539.5 billion in goods from China in 2018. The U.S. is a net importer from China in most market segments such as consumer electronics, apparel, furniture and industrial supplies. The one major exception: agriculture.
By contrast, the U.S. shipped a much smaller $120.3 billion in goods to China last year, Census trade figures showed"
Thus US makes more on the tariff biachara Add Boeing in the mix When I have money, I get rid of it quickly, lest it find a way into my heart.
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Rank: Elder Joined: 4/9/2008 Posts: 2,824
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2012 wrote:Apparently, future versions of Huawei smartphones hat run on Android will also lose access to popular services including the Google Play Store and Gmail and YouTube apps.
Looks like Huawei is a major target for Trump here... Are you saying Huawei can not come up with an OS like android? Google will lose in this. But this is just a proxy war, main target is Iran. That's why Moscow is very quiet, waiting for the real war. US need to try and weaken Beijing economically before they venture into Tehran so that they will be confronting Moscow only. But I doubt it will work... When I have money, I get rid of it quickly, lest it find a way into my heart.
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Rank: Elder Joined: 4/9/2008 Posts: 2,824
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There is also the issue of English vs Chinese... more people in the world are learning chinese as opposed to english When I have money, I get rid of it quickly, lest it find a way into my heart.
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Rank: Elder Joined: 12/9/2009 Posts: 6,592 Location: Nairobi
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kingfisher wrote:2012 wrote:Apparently, future versions of Huawei smartphones hat run on Android will also lose access to popular services including the Google Play Store and Gmail and YouTube apps.
Looks like Huawei is a major target for Trump here... Are you saying Huawei can not come up with an OS like android? Google will lose in this. But this is just a proxy war, main target is Iran. That's why Moscow is very quiet, waiting for the real war. US need to try and weaken Beijing economically before they venture into Tehran so that they will be confronting Moscow only. But I doubt it will work... I'm sure they already have an OS in place. But it makes one wonder which company is really under government control, Huawei or Google? I think it's now a danger for any business to solely rely on Google or any American product. Even Samsung, Moto and others should worry about using a system that is controlled by the US government.
BBI will solve it :)
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