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  • China wants to negotiate. Trump Wants Shock & Awe

    From ltlee1@21:1/5 to All on Sun Apr 6 13:05:16 2025
    XPost: alt.politics.usa

    From WSJ article "China Wanted to Negotiate With Trump. Now It’s Arming
    for Another Trade War."

    "Beijing spent the first months of President Trump’s second term
    trying—and failing—to figure out the new administration’s approach to China. Officials hoping to build lines of communication with Washington
    had no luck.

    With Trump’s latest tariff action, the magnitude of his trade assault
    hit home and Beijing’s hope for dialogue melted into frustration and
    anger.

    Until now its response had been restrained. On Friday, Beijing matched Trump’s 34% additional tariffs and for the first time it hit all U.S. products, no exceptions. It also restricted exports of certain
    rare-earth minerals, added U.S. companies to trade blacklists and aimed
    an antitrust probe at the China operations of U.S. chemicals and
    materials company DuPont.

    Trump’s response to its retaliation suggested things would only get
    worse. In a social-media post, Trump wrote, “CHINA PLAYED IT WRONG, THEY PANICKED—THE ONE THING THEY CANNOT AFFORD TO DO!”"

    Overall, Trump team's SHOCK and AWE strategy is more a MEDIA strategy.
    An excellent strategy to make America and Trump look Great. It does
    stunt weak players such as Vietnam. But it won't work against better
    positioned players such as China and EU. Time is not on Trump's side.
    Tariff related uncertainty would slow down economic activities globally including the US. Shock and Awe strategy maximize uncertainty.

    Did China play it wrong? Certainly not.

    With the new 34% tariff, imports from Chinese are already subjected to
    about 60% tariff on the average. This leaves little room for Trump to meaningfully inflict more damage. 80%, 100%, tariff make little
    difference. At the same time, retaliation from China pushes uncertainty
    higher. WSJ has another headline today, "In Matter of Days, Outlook
    Shifts From Solid Growth to Recession Risk."

    Time is of essence to resolve the difference with China. What will Trump
    do?

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From ltlee1@21:1/5 to All on Thu Apr 24 19:59:55 2025
    XPost: alt.politics.usa

    From CBS News
    --------------------------
    China says there are no negotiations with the Trump administration over
    tariffs
    moneywatch
    Updated on: April 24, 2025 / 8:52 AM EDT / CBS/AP

    China on Thursday denied U.S. President Donald Trump's assertion that
    the two sides were involved in active negotiations over tariffs, and
    said the U.S. should revoke its unilateral tariffs against the nation.

    ..

    "China's position is consistent and we are open to consultations and
    dialogues, but any form of consultations and negotiations must be
    conducted on the basis of mutual respect and in an equal manner," said
    Ministry of Commerce spokesman He Yadong. "Any claims about the progress
    of China-U.S. trade negotiations are groundless as trying to catch the
    wind and have no factual basis."

    ..
    --------------------------

    Else where, MSN Headline:
    " Bessent says full China trade deal may take two to three years"

    But before the negotiation of full US-China trade deal, there would be negotiation on the the conditions under which US-China trade deal could
    begin such as what would be included and excluded from the negotiation.
    And what action from either side would break the agreement to negotiate.
    Such agreement for negotiation could easily add months to the proccess.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)