'Murica. China. It's ON. [US Dials Up On Another $200 BILLION Plus Another Possible $200B For $450B]

[V-2]

Umm... Good? China is out of control with their bullshyt. They've built a substantial part of their economy on the strength of overbuilding, subsidization, product dumping, intellectual property theft and lack of reciprocity. When Chuck Schumer of all fukking people is standing and applauding Cheetolini, there may be something to it.

An overview of what's gone on.







Not that it hasn't already been happening on a large scale.

Trump Blocks China-Backed Lattice Bid

President Donald Trump blocked a Chinese-backed investor from buying Lattice Semiconductor Corp., casting a cloud over Chinese deals seeking U.S. security clearance and spurring a call for fairness from Beijing.

It was just the fourth time in a quarter century that a U.S. president has ordered a foreign takeover of an American firm stopped on national-security concerns. Trump acted on the recommendation of a multi-agency panel, the White House and the Treasury Department said Wednesday. The spurned buyer, Canyon Bridge Capital Partners LLC, is a private-equity firm backed by a Chinese state-owned asset manager.

The Trump administration has maintained a tough stance against Chinese takeovers of American businesses even as it seeks China’s help to resolve the North Korean nuclear crisis. Other deals under review include MoneyGram International Inc.’s proposed sale to Ant Financial, the financial-services company controlled by Chinese billionaire Jack Ma. The government is also examining an agreement by Chinese conglomerate HNA Group Co. to buy a stake in SkyBridge Capital LLC.

U.S. blocks chip equipment maker Xcerra's sale to Chinese state fund

U.S. semiconductor testing company Xcerra Corp (XCRA.O) said on Thursday a U.S. national security panel had blocked its $580-million sale to a Chinese state-backed semiconductor investment fund, the latest such deal to be thwarted.

The acquisition of Xcerra by Hubei Xinyan was seen as a key test of the ability of Chinese firms to acquire U.S. technology assets, because the company does not make chips itself, but provides testing equipment used in making semiconductors.

The deal’s demise comes as the Committee on Foreign Investment in the United States (CFIUS) has become increasingly skeptical of Chinese acquisitions of U.S. companies following the inauguration of U.S. President Donald Trump a year ago.

Trump’s Message in Blocking Broadcom Deal: U.S. Tech Not for Sale

With his swift rejection of Broadcom Ltd.’s hostile takeover of Qualcomm Inc., President Donald Trump sent a clear signal to overseas investors: Any deal that could give China an edge in critical technology will be swatted down in the name of national security.

Although Broadcom is based in Singapore, China loomed large over the U.S. government’s fears about a foreign takeover of chipmaker Qualcomm. That’s because Qualcomm is locked in a head-to-head race with China’s Huawei Technologies Co. over which company will dominate the development of next-generation wireless technology.

"This decision hangs a huge ‘not-for-sale’ sign on just about every American semiconductor firm," said Scott Kennedy, who studies China’s economic policy at the Center for Strategic & International Studies in Washington. "A Chinese entity doesn’t need to be anywhere near a transaction now in semiconductors for the deal to be nixed."

 

[V-2]

Bloomberg: Why Can't China Make Semiconductors?

It doesn't hurt that virtually all of R&D and sizeable majority of the front-end fabrication is and has always been done in the United States, or that semiconductors are among the most complex technological devices that have ever been produced. It's difficult enough to mirror the manufacturing techniques, nevermind the actual products. They're having a hell of a time attempting to steal IP, trade secrets and reverse engineer. The US holds 51% market share followed by South Korea (17%), Japan (12%), European Union (8%) and Taiwan (7%).

Why all the fuss?

 

[Geek Nasty]

Here's my problem with Trump and people who want to act like he has any clue what he's doing. Trump rejected TPP. That was a Pacific multilateral trade agreement set up to freeze out the Chinese. If Trump was serious about getting at China, he would have supported it. Plus, all his tariff decisions are short-sighted and reactionary decisions. Presidents are usually playing long-game, not "you pissed me off so I'm going to hit with you X."

Now, I agree with Trump trying to punish China for trade fukkery (like stealing intellectual porperty), but he's going about it like a dotard and he's not coordinating with our allies for maximum impact. YOu have to freeze out China on a global scale or they're just going to dump products on another backdoor country to get to US markets.

 

[Prince.Skeletor]

Ya mos def time to invest

 

[Red Shield]

This is like trying to close the barn door after the animals escaped already

 

[fact]

It’s oeett obvious to me what is happening, all these countries that are not our “allies” are going to let Trump pull these shortsighted bursts of economic war games, and only fight back a little bit, because they are setting themselves so well for the future, while trump is doing all this for his base, to claim these nickel and dime victories, and making him look good to his base. This will continue for the next 2 years, or however long the fukkface is president. Trump being president is the BEST thing for these folks, because he is so easily influenced, all you have to do is compliment him, treat him like you actually respect him, let him have his little wins, and you can set your country up for the long haul, while a country like China keeps getting more and more control of America.
Elect a half bit, fukkface, conman as president, brehs

 

[V-2]

Going forward there's really no country that will be better positioned than the United States and not even Trump can fukk that up.

America is a country that is the least internationally linked (read: dependent) economy in the developed world, the agriculture superpower of the world, soon to be energy independent and largest oil and gas producer in the world as well as a net exporter for the first time since 1953 thanks to the shale revolution (microseismic exploration and multilateral drilling). In addition, it's undergoing a massive amount of reindustrialization and reshoring (manufacturing 4.0 technologies) with a robust demography outlook. The likes of China and Europe are staring down implosions.

By 2020, America will be the dominant global producer and/or exporter of agriculture, energy, aerospace, semiconductors, software and internet services as well as the most competitive manufacturing nation on the planet. In terms of world class science, technology and innovation there are no weak spots: from research universities (Harvard, MIT, Stanford, Caltech) to national labs (JPL, Los Alamos, Lincoln, LBNL, LLNL) to intramural agencies (NIH, NASA, DARPA, DOE) to industry (Boeing, Lockheed, SpaceX, IBM, Intel, Qualcomm).

 

[jj23]

Trump picked a trade war with China, Canada and Europe.
It isn’t about fair trade. Trump wants America to be a bully and get whatever it wants.
I hope you can afford the products that are about to go up and the jobs that are about to be lost because one idiot needs to seem strong to his base.
Hope you aren’t a soybean farmer or any of the other idiots who voted for him and are about to lose their livelihood.

 

[V-2]

Bye China.

How The US Plans To Replace China As The World's Largest Manufacturer

The United States, the world's second largest manufacturer with a 2017 industrial output reaching a record of approximately $2.2 trillion, will reportedly apply Industry 4.0 technologies to replace China as the world's largest manufacturer. This is what leading research firm Industry 4.0 Market Research reveals in its new report.

The report forecasts that the US Industry 4.0 market will grow at a CAGR of 12.9% during 2016-2023, in hopes of dominating the manufacturing race against China once again. China displaced the United States as the largest manufacturing country in 2010.

In the US, every dollar earned in manufacturing reportedly contributes $1.4 to the economy and for every manufacturing job created, approximately 2 jobs are created in other fields. Therefore, the US considers growth of the manufacturing sector a major success for the economy and is ready to invest considerable budgets to achieve it. It is understood that any efforts to reinvent US manufacturing by leveraging Industry 4.0 technologies to create smart factories will have a substantial impact on US economic growth.

Restoring manufacturing jobs to the United States struggling Rust Belt communities and corporate tax cuts were two of President Donald Trump's biggest campaign promises. It is expected that Trump's administration will follow Obama's Industry 4.0 policy (2011): the formation of the Advanced Manufacturing Partnership (AMP), a national effort bringing together industry and the federal government to invest in Industry 4.0 technologies.

The Industry 4.0 transformation holds immense potential. Smart factories allow individual customer requirements to be met, so that even one-off items can be manufactured profitably. In Industry 4.0, dynamic business and engineering processes enable last-minute changes to production and deliver the ability to respond flexibly to disruptions and failures on behalf of suppliers. With more efficient and optimized production in manufacturing, the entire sector is likely to thrive and rise again as a frontrunner of the US economy.

NOTE: The US 'Industrial Output' mentioned in the article doesn't take into account mining (oil and gas extraction) nor construction from what I can tell, which would actually bring the 2017 GDP output figure to around $3.65 trillion which is consistent with the CIA World Factbook.

OZY: The US Is Beating China On The Factory Floor. This Is Why.

What’s behind America’s new place at the front of the pack? It comes down to an ongoing economic boom that some analysts are calling “Manufacturing 4.0” or “Next Manufacturing.” Manufacturers are finding that the total cost of ownership (TCO) favors U.S.-based factory production, explains Harry Moser, founder and president of the Chicago-based Reshoring Initiative, a nonprofit think tank that supports U.S.-based manufacturing.

The domestic energy boom in natural gas and fracking has lowered the cost of materials and operations, prompting more factories to return to U.S. soil. Then there’s proximity to a growing field of local suppliers that provide raw materials. And keeping production in the country means there are no duties and tariffs, reduced inventory carrying costs and R&D innovations on the factory floor aren’t at risk of intellectual property theft. Also, the U.S. doesn’t have to lower its prices or wages to be competitive with China; it needs only “a lower total cost to produce that product,” Moser explains.

But it’s about big data and high-tech innovations, too. Manufacturing is increasingly using predictive capabilities to generate value and create more efficient, lower-cost logistics to handle materials throughout the supply chain. U.S. labor costs are still higher than those of other nations, but the ability to create smart products and smart factories will make this less relevant over time.

There are potential obstacles in the United States’ race to No. 1. For one, the continued strength of the dollar could dampen international sales of U.S. industrial exports. Smart factories need skilled labor, and the number of STEM graduates and “upskilled” workers who have received technical training may not be able to keep pace with demand. What’s not going to be a problem? Robots taking jobs. Thirty-seven percent of U.S. industrialists say their need for skilled labor will actually increase as physical production becomes automated, according to a recent survey by PwC.

Reshoring Initiative Data Report: Reshoring Plus FDI Job Announcements Up 2,800% Since 2010

In 2017 the combined reshoring and related foreign direct investment (FDI) announcements surged, adding over 171,000 jobs in 2017, with an additional 67,000 in revisions to the years 2010 through 2016. This brings the total number of manufacturing jobs brought to the U.S. from offshore to over 576,000 since the manufacturing employment low of 2010. The 171,000 reshoring and FDI job announcements equal 90% of the 189,000 total manufacturing jobs added in 2017.In 2017 announcements of combined Reshoring and FDI jobs were up 122% compared to unrevised 2016 totals and 52% compared to revised 2016 totals.

 

[V-2]

So long Saudi Arabia and Russia.

Financial Times: US Set To Overtake Saudi Arabia And Rival Russia In Crude Output

US crude production is on course to overtake Saudi Arabia and rival Russia, the International Energy Agency said, as it revised higher its 2018 growth forecast and stressed that “explosive” expansion in shale was offsetting OPEC-led supply cuts.

In its closely watched monthly oil market report published on Friday, the IEA said production growth was returning “to the heady days of 2013-2015”, even as the Paris-based body said global supply and demand would broadly find balance this year. The latest body to raise US estimates, following the US energy department’s statistics arm and OPECs own research unit, the IEA said: “This year promises to be a record-setting one for the US.”

OP Citi: US To Become World's Top Oil Exporter

As global oil markets shift their attention from U.S. shale oil production back to a resurgent Saudi Arabia and Russia and geopolitical concerns bearing down on oil prices, Citigroup said last Wednesday that the U.S. is poised to surpass Saudi Arabia next year as the world’s largest exporter of crude and oil products.

The U.S. exported a record 8.3 million barrels per day (bpd) last week of crude oil and petroleum products, the government also said Wednesday. Top crude oil exporter Saudi Arabia’s, for its part, exported 9.3 million bpd in January, while Russia exported 7.4 million bpd, the bank added.

 

[The Odum of Ala Igbo]

This is partially about mitigating China's ability to build semiconductors

 

[Mowgli]

Bye China.

How The US Plans To Replace China As The World's Largest Manufacturer

The United States, the world's second largest manufacturer with a 2017 industrial output reaching a record of approximately $2.2 trillion, will reportedly apply Industry 4.0 technologies to replace China as the world's largest manufacturer. This is what leading research firm Industry 4.0 Market Research reveals in its new report.

The report forecasts that the US Industry 4.0 market will grow at a CAGR of 12.9% during 2016-2023, in hopes of dominating the manufacturing race against China once again. China displaced the United States as the largest manufacturing country in 2010.

In the US, every dollar earned in manufacturing reportedly contributes $1.4 to the economy and for every manufacturing job created, approximately 2 jobs are created in other fields. Therefore, the US considers growth of the manufacturing sector a major success for the economy and is ready to invest considerable budgets to achieve it. It is understood that any efforts to reinvent US manufacturing by leveraging Industry 4.0 technologies to create smart factories will have a substantial impact on US economic growth.

Restoring manufacturing jobs to the United States struggling Rust Belt communities and corporate tax cuts were two of President Donald Trump's biggest campaign promises. It is expected that Trump's administration will follow Obama's Industry 4.0 policy (2011): the formation of the Advanced Manufacturing Partnership (AMP), a national effort bringing together industry and the federal government to invest in Industry 4.0 technologies.

The Industry 4.0 transformation holds immense potential. Smart factories allow individual customer requirements to be met, so that even one-off items can be manufactured profitably. In Industry 4.0, dynamic business and engineering processes enable last-minute changes to production and deliver the ability to respond flexibly to disruptions and failures on behalf of suppliers. With more efficient and optimized production in manufacturing, the entire sector is likely to thrive and rise again as a frontrunner of the US economy.

NOTE: The US 'Industrial Output' mentioned in the article doesn't take into account mining (oil and gas extraction) nor construction from what I can tell, which would actually bring the 2017 GDP output figure to around $3.65 trillion which is consistent with the CIA World Factbook.

OZY: The US Is Beating China On The Factory Floor. This Is Why.

What’s behind America’s new place at the front of the pack? It comes down to an ongoing economic boom that some analysts are calling “Manufacturing 4.0” or “Next Manufacturing.” Manufacturers are finding that the total cost of ownership (TCO) favors U.S.-based factory production, explains Harry Moser, founder and president of the Chicago-based Reshoring Initiative, a nonprofit think tank that supports U.S.-based manufacturing.

The domestic energy boom in natural gas and fracking has lowered the cost of materials and operations, prompting more factories to return to U.S. soil. Then there’s proximity to a growing field of local suppliers that provide raw materials. And keeping production in the country means there are no duties and tariffs, reduced inventory carrying costs and R&D innovations on the factory floor aren’t at risk of intellectual property theft. Also, the U.S. doesn’t have to lower its prices or wages to be competitive with China; it needs only “a lower total cost to produce that product,” Moser explains.

But it’s about big data and high-tech innovations, too. Manufacturing is increasingly using predictive capabilities to generate value and create more efficient, lower-cost logistics to handle materials throughout the supply chain. U.S. labor costs are still higher than those of other nations, but the ability to create smart products and smart factories will make this less relevant over time.

There are potential obstacles in the United States’ race to No. 1. For one, the continued strength of the dollar could dampen international sales of U.S. industrial exports. Smart factories need skilled labor, and the number of STEM graduates and “upskilled” workers who have received technical training may not be able to keep pace with demand. What’s not going to be a problem? Robots taking jobs. Thirty-seven percent of U.S. industrialists say their need for skilled labor will actually increase as physical production becomes automated, according to a recent survey by PwC.

Reshoring Initiative Data Report: Reshoring Plus FDI Job Announcements Up 2,800% Since 2010

In 2017 the combined reshoring and related foreign direct investment (FDI) announcements surged, adding over 171,000 jobs in 2017, with an additional 67,000 in revisions to the years 2010 through 2016. This brings the total number of manufacturing jobs brought to the U.S. from offshore to over 576,000 since the manufacturing employment low of 2010. The 171,000 reshoring and FDI job announcements equal 90% of the 189,000 total manufacturing jobs added in 2017.In 2017 announcements of combined Reshoring and FDI jobs were up 122% compared to unrevised 2016 totals and 52% compared to revised 2016 totals.

Where are they going to dump the chemicals.

I thought a big part of the reason for exporting manufacturing outside if the price was having a place not called the United states to dump all the manufacturing byproducts.

I know they're not trying to dump that shyt here.

Better contain that shyt in explosi0n proof canisters with 100 gps trackers on each container and send that shyt to the sun

 

[The Fukin Prophecy]

I have no issue with anything he's done towards China...

It's his voters in the "heartland" that will get hit the hardest in this trade war and I could give a fukkless about them...

 

[50CentStan]

everything is almost in place for the next full scale world war

 

[The Odum of Ala Igbo]

Where are they going to dump the chemicals.

I thought a big part of the reason for exporting manufacturing outside if the price was having a place not called the United states to dump all the manufacturing byproducts.

I know they're not trying to dump that shyt here.

Better contain that shyt in explosi0n proof canisters with 100 gps trackers on each container and send that shyt to the sun

Africa