BREAKING:🇺🇸🇨🇳China's commerce ministry calls US-China economic & trade negotiations reports “groundless and have NO FACTUAL basis”| Trump folds 😂

[ReasonableMatic]

**Translation for the slow nikkas**

AmeriKKKa telling China:

MAGA leadership goin out sad

UPDATE: Donald Trump folds

Trump sold all em wolf tickets, just to fold like laundry


KoonestOfKoons somewhere cryin in disbelief that Massa took this L and ain’t who he thought he was

 

[IIVI]

What a disaster

 

[King Sun]

 

[Rekkapryde]

let a bunch of uneducated racist insecure cult cacs and c00ns run your country into the ground brehs.

 

[RickyDiBiase]

let a bunch of uneducated racist insecure cult cacs and c00ns run your country into the ground brehs.

May is gonna be a pain in the ass.

 

[Wepa Man]

Art of the deal

 

[levitate]

Proud of China for standing up against stupidity.

 

[TDUBB]

Trump caught lying to the public? Say it ain’t so!

 

[2Quik4UHoes]

On the one hand Trump’s actions are gonna be painful for all of us, on the other hand this spectacular failure of white exceptionalism and neuroticism couldn’t have had a better representative.

 

[RickyDiBiase]

On the one hand Trump’s actions are gonna be painful for all of us, on the other hand this spectacular failure of white exceptionalism and neuroticism couldn’t have had a better representative.

glass half empty, glass half full

 

[Richard Glidewell]

Told his ass bytch stop lying!!

 

[Vandelay]

 

[jaydawg08]

China really out here flexing on Trump

Disgusting how both siders and MAGA will continue to throw on that cape for him

Some of yall who voted for Trump need to get publicly shamed on this website

Dumbass idiots

 

[BlazedWun]

 

[IIVI]

Thought we hit the bottom?

The White House has put itself and the country in a bad situation but doesn’t realize it yet.

Around April 10th China to USA trade shut down.

It takes ~30 days for containers to go from China to LA.

45 to Houston by sea, 45 to Chicago by train.

55 to New York by sea.

That means that there are no economic effects of what was done on April 10th until about May 10th.

Around that time (it’s already started to happen) trucking work is going to dry up. Warehouses will start doing layoffs because no labor is needed to unload containers and some products will be out of stock, reducing the need for shipping labor.

All this will start in the Los Angeles area.

After about 2 weeks, it’ll start hitting Chicago and Houston.

Let’s say the White House, after 3 weeks, changes its mind, on May 31st.

“This isn’t working out like we thought it would. Tariffs back to 0.”

Let’s say China says “bygones be bygones, we’ll go back to how things were”.

Let’s say every factory in China that got screwed by their orders being cancelled says the same thing “no problem, we’ll make and ship”.

The problem is, even under the most favorable conditions of China and the factories restarting economic ties as though nothing happened, it will be at least another 30 days before economic activity is revived.

And that’s just in LA.

In Chicago/Houston, you’ll need to wait another 45 days.

New York, at that point, will still be getting containers from before April 10th, they will then have 50 days (May 31 minus April 10) of zero economic activity at the ports, in trucking of Chinese goods, in warehousing.

The whole situation is a bit like lockdowns. Once you shut down, it takes a long time to get economic activity back to where it was, if you ever can.

And again, this assumes, that China and its factories, which make things you can’t buy elsewhere, will start right back up again as though nothing happened, which is unlikely.

It’s almost like we’re speeding towards a brick wall but the driver of the car doesn’t see it yet.

By the time he does, it’ll be too late to hit the brakes.

Supply chains are like refrigerators.

Everyone needs them.

No one knows how they work.

1. Air freight will not solve this. It’s too expensive and there isn’t enough capacity in planes to replace boats, which move more goods by cubic volume.

2. You also cannot solve this the way the world did with Russian oil.

Unless, the U.S. Customs starts encouraging major customs fraud and allowing everyone to relabel their Chinese goods as Korean, Japanese, Taiwanese, and Vietnamese (the other nearby port countries), this product cannot come here. There will be massive amounts of cheating, more than ever, but we cannot solve this through rerouting.

3. This is not just about empty shelves and it’s not solved by buffer inventory.

It’s also about jobs, jobs in warehouses, jobs in the port, jobs in trucking and logistics, and jobs in purchasing.

And trust me, it doesn’t matter what your buffer is, you will go out stock because some products always sell more than forecast.

Final thoughts:

When Trump was first elected, I sent my resume to 3 connected people in the hope that I might be able to assist the administration and, more importantly, the country.

The responses I got ranged from silence to “get out of here, no way.”

I’m politically independent and spoke to the Biden administration when I had an opportunity, but this administration is not (yet?) listening.

It’s been odd to see them attempt goals that I support (bringing manufacturing back and American economic revitalization), but do so in a counterproductive way.

And now I am close to having lost all hope that these goals can be achieved in a way that benefits us, Americans.

We will see what happens…