Trade War Begins

Strap in boys. We're about to start a hell of a ride.

nytimes.com/2018/07/05/business/china-us-trade-war-trump-tariffs.html

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Other urls found in this thread:

money.cnn.com/2018/07/06/news/economy/us-china-trade-war-tariffs/index.html
newatlas.com/shipping-pollution/11526/
youtu.be/1kjqZwAAUDk?t=2410
youtube.com/watch?v=42XISWiH7jc
articles.latimes.com/1993-08-20/local/me-25495_1_star-wars
rt.com/op-ed/432418-iran-trump-china-tariffs/
twitter.com/SFWRedditImages

These are going to be interesting times

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THE DIALECTIC IS IN MOTION!

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Oh look, it;s fucking NOTHING!

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"China says the US has started the biggest trade war in history"

money.cnn.com/2018/07/06/news/economy/us-china-trade-war-tariffs/index.html

Porky's from both sides freaking out. I love it.

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Can someone tell me what in the actual fuck is going on?
Why is this happening?
What's it going to cause?
What's the endgame?
I've tried to read up on it, and it makes even less sense than it did before

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I wouldnt be afraid of Trump if i was Xi
Anyone seen hos most recent rally?
His voice and directionless rambling make him sound like hes in the early stages of fucking Creutzfeld-Jakob's disease kek

I'm so fucking glad Trump won

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I'm generally pretty opposed to accelerationism, but I think this would actually stimulate revolutionary activity in both the US and China, so maybe a trade war isn't the worst thing in the world.

I guess only time will tell.

Trump is implementing mercantilist and protectionist trade policies such as high tariffs in order to feed his base and also protect domestic manufacturers. China is responding in kind.

Tariffs are undeniably stupid and ALWAYS result in poor economic performance, but, on the flip side, they escalate the tensions between capital and labor as capital tries to squeeze out more profit by cutting the wages and benefits of domestic workers.

What's the plan to replace capitalism?

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There isn't one, we just meme about acceleration and then bam, socialism.

So Trump is Red in more than one way

it's either ultraporky-pseudo-fascist-slave society or fully automated shot-in-the-cock cybersocialism. There are literallly not alternatives.

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IT BEGINS

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It's the inevitable step as US Imperial collapse continues to accelerate to a breakneck pace.
Recession/Depression by 2020 and maybe a short but huge failure of another overseas adventures during that time or right after.

Is America kill?

I'm betting on petroyuan

WRONG!
More American tariffs on China and Europe means less trans ocean trade. Less trans ocean trade means less cargo ships burning the worst grade of petrol fuel in use!

Big polluters: one massive container ship equals 50 million cars

newatlas.com/shipping-pollution/11526/

Trump is unironically saving the environment at a scale and pace Al Gore count even dream of!!!

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The us imports like 400 billion dollars more in goods the China does from the us. The tariffs by making Chinese goods more expensive which promotes us based businesses to some degree.

But the biggest inpact to most people will be that some goods are more expensive

The US cannot compete with China while it is still in early capitalism. Even in a classcucked country like the US, its labor and wage laws will always produce more expensive goods than sweatshops that barely pay their workers at all. American businesses that can compete with foreign labor are already doing so.
All that will happen is more expensive products, which will possibly reduce consumer spending. Trump will then blame the resulting fallout on liberals, because his supporters are lumpen retards.

People will just blame Trump for the next economic crisis. Its gonna be 2008 all over again

So its all win win win top to bottom then?

I think Donald j Trump is my hero.

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them blaming it on trump is not going to take the fact that bailing out banks like last time is only useful short term, so we either get stuck in an endless loop of 2008s, building up the problem until we get a 1929, or we get a 1929 right away

red pill: 1929 didn't cause the great depression

tariffs work historically. britain used tariffs to build up its textile industry without which industrialization wouldn't have happened

It's more like we have no stake in this because neoconservatism has stripped burgers of their grasp on reality. So, may as well enjoy the ensuing drama.

The wheels of the world are spinning so fast, I'm no longer sure if I should be afraid or thrilled at this ride.
We're getting somewhere, dangerously fast, and I like it.

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oh fugg :DDDD I wouldn't wish dhat on my worst enemy :DD

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Men, they would follow any man who would turn the wheels. But now the wheels are spinning out of control

What would they do if we held them still?

...

Well the stock market hasn't really responded to the news yet. I've been hearing that the reason why the US stock market hasn't immediately plummeted is because they see the Chinese market as weak because the US stock market has been so high recently.
I don't know if I buy this though. I just think it's Trump asking for a "buyback all these stocks so that the US investors don't freak the fuck out" kinda deal.

The penguins are at the sea shore, user. They're just waiting for one to get pushed in.

My money is on Micron.

I just feel kind of dumb thinking it's all going to crash down when it doesn't though. It makes a man feel true terror when you think you know when your doom comes up, but it gets stalled.

Of course we will eventually, but Trump's voters don't know that. They want him to "bring the jobs back" because they don't understand how economics works and want to live in the good ol' post-war economy days again. The point is to make things worse for them in a way that lets him lie about his opponents causing the problems.

Same. I just wish there was a viable alternative that the left could unite around and fight for. I wonder how a leninist model would work out in the 21st century.

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We're experiencing the opening stages of a financial disaster right now. Even the "crash" of 08 or the "crash" of 29 didn't happen all at once. It's a long, complex process.

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Is this what is was like in the late 1930s when the post war order was breaking down? It's spooky watching reckless and delusional elites go up against clueless, unpopular, and impotent ones.

>This isn't just about Wall Street. Banks will shut down all across the country. One-hundred-and-forty billion in savings will disappear.

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Do we even have that much money circulating the market?

Mate the UK has 1trn in national debt, the US defo has that in terms of private debt.

youtu.be/1kjqZwAAUDk?t=2410

youtube.com/watch?v=42XISWiH7jc

There is absolutely no doubt the economic crash will be blamed on socialists by Trump gang NONE

Easily has more than that in private debt, the US economy was worth 19k Billion last year

both of them are blocked

Cheers

You realize millions of MAGA are going to chant "lock them up" and "hell yeah go Trump!" when he blames the crashed economy on us and promises """"LAW AND ORDER""""".

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As if Trump gang will even exist if that happened.


oh yeah, I misread that as being 1000 trillion more for some reason.

We don't need to win over boomers living in retirement villages in Florida, we need to win over the proletariat: most of whom did not vote at all in 2016.

Which is why you should be arming and organizing now you stupid clown.

There are people who like Trump after he bombed Syria twice, sucks Zionist cock, and so on and so on?

IMHO Trump is an actual Dictator, and I am not a DUMP DUMPF.

The Media knew 100% what they were doing, everyone knows what they are doing. It was predicted that the hatred of the Media would cause someone who hates the Media be elected.

The fucking up of Europe was also planned, millions of Europeans are going into the USA because of the rapefugees that are there because of Obama bombing Libya. If you look what Trump is doing now is actually based upon years old Think Tank plans. Like the decision to cancel the Iran Deal.

The "New Left" was created by psyops to make people hate Leftists so much that they will unironically sympathize with Nazis.

There will be a False Flag Leftist terrorist attack and all of you are gonna be shipped to FEMA camps. Those that are not are gonna be killed by military veterans.

Nationalist porkies are gut stabbing the globalist porkies. It's a bum fight and will only end with the amount of porkies being reduced by 50% as America's chief means of exporting influence/capitalism/imperialism (markets) is destroyed by Americans themselves.

There's nothing that can be done about it. Trump's own party, the Republicans, essentially have no other workable platform without economic nationalism now while Democrats cannot afford to be anti-protectionist or their entire base will switch GOP and ruin them. Trump pulling the trigger on this means no going back, once everything is set into motion it cannot stop even if he looses Congress later this year and looses in 2020. Things will only accelerate from here on out, especially outside America.

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No, he's going to blame China or Russia for "hacking our markets" or some other utter nonsense that everybody will buy because the official state dept line is that Putin and China are evil and cannot be negotiated with. This coincidences nicely with new security laws that will result from the Mueller investigation.

What are workers in America? Not union, thanks to the recent Janus decision. Right now there's not much for Trump to do against workers since most of it has already been done and workers will be grateful just for jobs as industries rebuild their supply chains domestically. It'll be Pence who will have to deal with labor a decade from now.

Civil War 2.0 here we come

Not much of a war when the nationalist porkies control defense contractors and oil companies while globalist porkies have some websites and car companies. The biggest losers from the trade war will be companies like GM and Ford who sell most of their products overseas, even Boeing will manage to escape most of the heat since they can move production to military aircraft.

This isn't to defend nationalism in general but the nationalists hold all the means of production, or at least the productive resources needed to mount and fight a conflict. Globalists have some office campuses, likely secured by private companies owned by the nationalists. See where this all chokes? Half of the bourgeoisie has realized they don't have to put up with the other half anymore. It is capitalism's inherent contradiction.

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Smithfield is the largest producer of pork products in the world and it's owned by a Chinese corporation. That's just off the top of my head.

If you think multinational corporations just own "websites and car companies" then you're a seriously ignorant dipshit.

So? Smithfield is the reason why Trump nuked all the other Chinese takeovers. And ultimately their operations are still entirely US based, which means their Chinese owners will sell once they are hit with their own Chinese tariffs. The company then exchanges hands and nothing really happens for 99% of their American workforce since they will lay off their non-US workforce first since those are also hit by US tariffs. The multinational is then pulled apart, and their multi-national character is destroyed as investors scramble to rebuild their portfolios.


I don't, but think about which ones have their production modes and supply chains in America, and are thus inextricably linked to America. By and large these are firms owned by Americans and who don't want multinational competition. Normally multinationals used to be able to marginalize them based purely through their bribes/lobbying efforts to Congress, but this has changed now that Trump is a populist. Meanwhile, most American multinationals are ones who have to import some amount of product from overseas (like car parts) or ones that sell services overseas (like web advertising or mortgage-backed securities).

As it pertains to a civil war, pork rinds are not useful to people trying to stop soldiers from running in and shooting them just as cars and slips of stock paper are.

So we agree then that you're an ignorant dipshit.

...

You don't know what you're fucking talking about you retard. You have no idea how tariffs or international trade works. You don't have a point because you might as well be describing Narnia, you dumb mong.

Uh bullshit you fucking pro slave neo liberal. Greater regulations mean higher wages and more jobs for the same output (regs like overtime) which causes aggregate demand to skyrocket.
Porky can easily move over facotries back, but they largely won’t need to, the industrial capacity is stupidly underutilized in the US anyway, which is why all the BIG ticket items like airliners, turbines, and other MoPs are still made in burgerland while bullshit consumer goods are built in China.
The reason why Trump can get away with a Trade War it’s BECAUSE China’s proles are allowed by Xi to be so abused.
They have NO INDEPENDENT CONSUMER MARKET of their own. How the fuck can they when every single one of their proles is living hand to mouth and their brains are swimming in pollution.
Xi got rid of the iron bowl so they don’t even have a welfare state to power consumer demand. The plan was to let US corps and porkies fuck over Chinese proles until they cold develop an independent consumer market like Japan did but Chinese porkies never let go of those sweet super profits and they have ENTIRE FUCKING cities empty to show for it. Yeah Xi bashed the heads in of a few bourgeois, so what.
This will be another Trump win that narcissist burger commies will pretend didn’t happen 6 months from now and continue their slide into irrelevance because of hubris.
Keeping telling yourself people like me are cointelpro, if cointelpro was ever here they left long ago, you all impotent af.

After inflation, that's $16,700 per person for every man woman and child. FUCK.

Why are you so aggressive? Is this what circumcision does to amerimutts?

I'm Canadian. What effect will this have on me?

Syrup prices up 1000%

I wonder if anybody actually gives a fuck about Russia though. Only neoliberals actually give that much of a fuck, and if he uses Russia to say censor their internet, then I highly doubt that they would be singing that tune for very long. Trumpfags will always be trumpfags but the neoliberals just use Russia as an excuse to hate him even more than they already do.

I doubt Americans could even find Russia on a map. They aren't afraid of Russia per se, but what Russia is used to represent: mainly that something has corrupted their democracy/government and has removed their control of their own society. Russia is just the name they put to the bogeyman that they believe is lurking in the shadows.

Would any hillbot actually switch sides to Trump if Mueller exonerates Trump though? Or even just a regular person for that matter? That is the real question, would they think of him as a savior whenever the economy crashes into the mud, would they switch whenever the police get even more authoritarian? Maybe some of the richer ones wouldn't mind, but I highly doubt that the proles would flock to Trump simply because he went after China and Russia.

Trump's going to win this trade war. China's plan was to make the US dependent on Chinese cheap labor and gut their industrial capacity while simultaneously growing their their own independent come nsumer market from all the wage labor Chinese proles sold.
Exact fucking opposite thing happened, Chinese leadership actually believed all those bullshit videos of Detroit laying in tatters and thought they really had destroyed the US industrial base.
Baby all the best stuff is still made in the US and the US industrial base is severely underutilised.
China made the EXACT same mistake the Imperial Japanese and Nazis did in WWII, underestimating the latent industrial capacity of the good old U. S. of A.
China will collapse into a balkanized butthole if it doesn't yield to daddy Trump.
KNOW YOUR ROLE
as Triple H would say.

*independent consumer market

Except you forget one thing matieroo: capital. The US is cucked to Chinese capital, its own reserves running low and being taken-up by the stock market at ever increasing rates. China owns a lot of sovereign debt of developed nations, and it is with this leverage it shall maintain itself. While yes, China has high levels of debt itself, this is mostly internal. As such, if America pushes much more: China will call in the debts, and that will tank a lot of shit.
I mean this is all conjecture: we will have a straits crisis soon so the economic war is gonna turn to a cold war way before this.

Debt and bonds aren't capital. Capital is equity in the MoP. Debt doesn't entitle you to the MoP.
No one knows better than Trump that in material reality the debt holder is holden to the debtor when it comes to MoPs.
Face it, you guys lost.

I am british you fucking mong, you legit thought I was from China?
Also owing a debt to a bank is owing a debt to capital you dolt.

guys, I think whoever loses this trade war is gonna declare real war…

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I mean you guys as in you hysterical anti Trump people, which makes up the majority of this board. You're like Zig Forums and the GoP during the Obama administration, hooting and hollering and his most milquetoast health care reform and other polices, then completely silent when he did actually fuck up.
Trump is going to win this trade war, and any serious dispassionate look at China and the US show that.

No it doesn't you mensuration stain. Creditors only get a claim to the MoP when an enterprise goes completely tits up, and even then they sometimes don't get it. They are rewarded with interest fopr absorbing risk, not direct equity in the MoP.

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China can export to any part of the world, and their prices are more competitive than the US's will ever be, unless you like the idea of working in a sweat shop (and before you cry "automation", read Marx. Automation lowers the rate of profit). Meanwhile several US industries are dependent on Chinese imports and exports. The US has a foothold in some markets when it comes to higher-quality goods, but China has that too, and they're again much cheaper. There's no way the US is gonna be able to develop its industry while being ravaged by an economic crisis - no one is gonna invest. There's no way the US is gonna "win" a trade war with its most important trading partner - the only thing you might say is that both sides will lose.

If someone invades the US I would be legit excited, like damn that would be fun.

Consider also that the US's vast infrastructure is largely from the last century, and outside a few urban hotspots is utterly lacking the sort of high tech infrastructure that other countries, have, and especially China, which has been investing in high tech intercity infrastructure for decades. The US's infrastructure is a jalopy by comparison to highly urbanized and technology supported infrastructures like you'd find in Germany, Japan, or Korea.

Just imagine if one of their major cities got fucked by a major storm or some other kind of natural disaster, like the San Francisco earthquake of the early 20th century, or the massive hurricane flooding we saw in Texas and Florida last year. The cost of something like that would be astronomical, and it's something the US is increasingly unable to deal with because its social and economic infrastructure is absolutely rotten.

does this mean i won't be able to buy iphone headphones and electronics shit for 99 cents free shipping on ebay anymore?

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And require many skilled workers, but education in US too expensive.

The Communist party of China is not only better at capitalism and free and open trade. But If Trump keeps shooting himself in the foot like this Xi and China will be the largest and most powerful economy on the world. Trumps lQ is so low he thinks his economic nationalism will work (but it hasn't, and nothing has changed) more proof rightists are pathological liars. The rightists that are still supporting Trump are useful idiots.

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About 3 Russian Sarmat 2 nukes would wipe out all 300 million Americans.

Russia could exterminate all American civilian life in under 30 minutes, without a single boot on the ground.

Americans live in this fantasy that they would be invaded. No, you would be nuked. Only some American government officials in a bunker would survive.

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Nobody would use nukes motherfucker.

...

1. The civil war map is used largely as a joke between people who believe in FEMA camps.

2. Russia's policy would be the same as America's: nukes then airdropped infantry to occupy. This is why America invented SDI in 1983 and why Russia still has the VDV even though such a thing is pointless with their current military strategy.

SDI doesn't even work. It is not useful in any situation

articles.latimes.com/1993-08-20/local/me-25495_1_star-wars

With that map, I don't get why they think armored division would have problems moving through Idaho, Wyoming, Colorado. During the Soviet invasion of Manchuria the Soviet army moved thousands tanks and self-propelled guns over the Greater Khingan mountains, that were unpaved mountain passes.

Nuclear weapons are fundamentally anti-imperialist.

Name one capitalist empire that, when faced with a choice of declining or going to war, chose to decline peacefully.

wow, so you mean all the money that Reagan took from social services to give to military Porky was a giant waste of money?

Trump is using everything he's got to wage economic war on Iran. His problem is that 'everything he's got' is not nearly enough, as the virtual monopoly power once wielded by the US has long since evaporated.
[…]
Hitherto, experts had predicted US sanctions would see a reduction of around 500,000 barrels per day (bpd) by the end of the year – barely one-fifth of the country's current export of 2.4 million bpd. Even the sanctions that preceded the 2015 nuclear deal – which, unlike today's unilateral effort, were supported by a broad alliance of world powers, including Russia and China – only succeeded in removing half of Iran's oil from the market.
[…]
Trump's attempts to persuade the rest of the world to cut off its nose to spite its face, then, are likely to fall on deaf ears. It is in this light that Trump's igniting of a global trade war must be seen.
rt.com/op-ed/432418-iran-trump-china-tariffs/

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The Soviet Union

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The British Empire, after WWII they just accepted the US replacing them as the dominant world power even though they just fought Germany twice to stop it from superseding British power.