Wargames
One Of The Last Real Ones To Do It
Nah that's a waste of good land and resources. India and that region will likely be the dumping location
'Murica. China. It's ON. [US Dials Up On Another $200 BILLION Plus Another Possible $200B For $450B]
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Nah that's a waste of good land and resources. India and that region will likely be the dumping location
Red Shield
Global Domination
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It's pretty all encompassing and the hint would be in the bipartisan support that even includes a political nemesis. China is notorious for writ large currency manipulation, overbuilding, subsidization, product dumping, lack of reciprocity, forced technology transfers and the state-directed industrialized effort for the outright theft of intellectual property, trade secrets and sensitive US military data that both violate WTO agreements and/or work to severely undermine American spawned industries critical to its present and future economic growth, national security and capacity for innovation.
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The Canada beef he started is pure retard, but EU aren't really allies when they constantly pull this sort of shyt. Boeing is a 'multinational' that keeps 90% of its global workforce based in the United States. They're also our single biggest exporter in one of the two most vital R&D and manufacturing industries along with semiconductors. Snake shyt.
WTO Says EU Has Failed To Stop Illegal Airbus Subsidies
“This report confirms once and for all that the European Union has long ignored WTO rules, and even worse, EU aircraft subsidies have cost American aerospace companies tens of billions of dollars in lost revenue. Unless the EU finally takes action to stop breaking the rules and harming U.S. interests, the United States will have to move forward with countermeasures on EU products.” -- USTR Robert Lighthizer
But the US/Boeing do the same shyt, right? Wrong.
WTO Panel Rejects EU Claims Alleging WTO-Inconsistent U.S. Subsidies for Boeing | United States Trade Representative
Washington, D.C. – The World Trade Organization (WTO) today issued a compliance panel report rejecting almost all claims by the European Union (EU) that U.S. subsidies to Boeing harmed Airbus’s ability to sell large civil aircraft. The EU challenged 29 U.S. state and federal programs that allegedly conferred $10.4 billion over six years in subsidies to Boeing, but the panel found that 28 of the 29 programs were consistent with WTO rules.
The panel found only one state-level program, which had an average value of $100-110 million in the 2013-2015 period, to be contrary to WTO rules.The United States disagrees and plans to appeal this limited finding.
The report issued today has its origins in the EU’s original 2004 case alleging the U.S. provided unlawful subsidies to Boeing. In that case, the WTO found that the United States provided Boeing with $3.2-4.3 billion in subsidized research and development funding and income tax benefits, with far more limited market effects than the EU’s subsidies to Airbus.
In response to the WTO’s findings, the United States modified the research and development funding and revoked the income tax benefit to remove any adverse effects to the EU. The EU then filed a complaint in October 2012 alleging that the United States failed to comply with the findings against it. The WTO established a compliance panel to evaluate that question, resulting in the report issued today which rejects 28 of 29 EU claims.
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NPR: As Vote On ZTE Sanctions Looms, Some U.S. Lawmakers Focus On A Bigger Chinese Telecom
The U.S. Senate is set to vote as early as June 18 on whether to reinstate crippling trade sanctions against Chinese telecommunications company ZTE. With that move in sight, a number of U.S. senators are taking aim at a much bigger Chinese target: Huawei - the world's third-largest seller of smartphones, behind Samsung and Apple.
Top U.S. security officials have warned for years that Huawei could pose a security risk to America by using its technology to spy on behalf of the Chinese government. Huawei has consistently denied that it gives intelligence to Chinese authorities, though many U.S. senators remain unconvinced.
Huawei is a massive company compared to ZTE. Huawei reported more than $90 billion in revenue in 2017 — five times the amount ZTE brought in. About one in eight smartphones sold worldwide in the first quarter of 2018 were Huawei phones, according to the market analysis firm IDC.
Huawei is also the world's biggest seller of telecommunications infrastructure equipment, which includes routers, modems and equipment to support cellphone towers. All that adds up to a company with 180,000 employees.
And Republican Sen. Tom Cotton of Arkansas wants to keep it out of the United States.
"These companies have proven themselves to be untrustworthy," Cotton said on the Senate floor, lumping the fate of Huawei in with ZTE. "And at this point, I think the only fitting punishment would be to give them the death penalty — that is, to put them out of business in the United States."
The U.S. Senate is set to vote as early as June 18 on whether to reinstate crippling trade sanctions against Chinese telecommunications company ZTE. With that move in sight, a number of U.S. senators are taking aim at a much bigger Chinese target: Huawei - the world's third-largest seller of smartphones, behind Samsung and Apple.
Top U.S. security officials have warned for years that Huawei could pose a security risk to America by using its technology to spy on behalf of the Chinese government. Huawei has consistently denied that it gives intelligence to Chinese authorities, though many U.S. senators remain unconvinced.
Huawei is a massive company compared to ZTE. Huawei reported more than $90 billion in revenue in 2017 — five times the amount ZTE brought in. About one in eight smartphones sold worldwide in the first quarter of 2018 were Huawei phones, according to the market analysis firm IDC.
Huawei is also the world's biggest seller of telecommunications infrastructure equipment, which includes routers, modems and equipment to support cellphone towers. All that adds up to a company with 180,000 employees.
And Republican Sen. Tom Cotton of Arkansas wants to keep it out of the United States.
"These companies have proven themselves to be untrustworthy," Cotton said on the Senate floor, lumping the fate of Huawei in with ZTE. "And at this point, I think the only fitting punishment would be to give them the death penalty — that is, to put them out of business in the United States."
DrBanneker
Space is the Place
DrBanneker
Space is the Place
I agree the US needs a smarter trade policy and an industrial policy, here is my rub:
#1 why start an EU/Canada trade war simultaneous with the China one, makes no strategic sense. Anyway, right now they are hitting the steel and aluminum mills not Airbus.
#2 Boeing keeps its workforce in the US but it has been sending its supply base overseas. Look at the foreign sourcing for the Dreamliner vs. previous airliners. I know some people who were involved in that project and it was a shytfest. I bet more suppliers in the US lost employees than whatever Boeing retained. Since they sent some of those key components to Asia, they better not bytch about a Chinese or Japanese rival in 10 years.
#3 The Chinese are bad actors here but our own corporations abet that crap. They want to sell so bad in the PRC they will drop their pants and everything else. That's where I would put pressure. The Chinese government has too many resources and pride to easily back down
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Yep, Chinese manufacturing is cheap because they have no environmental, human, or worker rights that “hurt profits.” Corporate America will just exploit some other 3rd world country and import goods from there.
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www.telegraph.co.uk/business/2018/06/19/trump-targets-another-200-billion-china-imports-tariffs/amp/
The US president said on Monday he had asked the US Trade Representative to target $200 billion worth of imports for a 10 percent levy, citing China's "unacceptable" move to raise its own tariffs.
He added he would identify an extra $200 billion of goods - for a possible total of $450 billion, or most Chinese imports - "if China increases its tariffs yet again".
"Further action must be taken to encourage China to change its unfair practices, open its market to United States goods and accept a more balanced trade relationship with the United States," Mr Trump said in a statement.
The US president said on Monday he had asked the US Trade Representative to target $200 billion worth of imports for a 10 percent levy, citing China's "unacceptable" move to raise its own tariffs.
He added he would identify an extra $200 billion of goods - for a possible total of $450 billion, or most Chinese imports - "if China increases its tariffs yet again".
"Further action must be taken to encourage China to change its unfair practices, open its market to United States goods and accept a more balanced trade relationship with the United States," Mr Trump said in a statement.
African Peasant
Veteran
Larry Summers, a democrat who worked with Obama, said in 1991, when he was VP of the world Bank, that toxic waste should be dumped in african countries.
This is fascinating. We really doing this trade war 
On the overall the Chinese will be fine, that govt is beholden to NO ONE. Some US citizens in the 'heartland' are going to be sacrificed in the short term but the USA as a whole is gonna come out the other side of this fine as well. Im more interested in the political fallout. EU Russia China USA all playing solo ball. No teams. Sounds crazy.
Well. Whatever happens. I'll be chilling out here in the Motherland watching it all from afar.
@ Trump touting his good relationship with world leaders as enough to get things done then find yourself in an escalating trade war full of pump fakes because you don't actually have a good relationship with these leaders.
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A list of US demands:
* China will unilaterally increase its imports of U.S. goods by at least $100 billion.
* China will immediately cease protections and subsidies for any sectors related to its Made in China 2025 central economic plan, as well as eliminate tariff and non-tariff barriers on those sectors.
* China will accept that it is a non-market economy under WTO rules (which would allow the United States to apply protective tariffs against Chinese exports).
* China will accept American restrictions on Chinese investment-led acquisitions in the United States.
* China will cease all technological/cyber theft as well as cease any and all policies which aim to force American firms to share technologies with China.
* China will accept American quarterly reviews on all trade policies, and pre-commit to cooperation with American findings.
* China will submit rosters of goods shipped to third countries so that China may not do end-runs around American import restrictions.
* China will abandon all WTO cases it has prosecuted against the United States as regards any of the above issues and preemptively agree to launch no new ones.
* China will unilaterally increase its imports of U.S. goods by at least $100 billion.
* China will immediately cease protections and subsidies for any sectors related to its Made in China 2025 central economic plan, as well as eliminate tariff and non-tariff barriers on those sectors.
* China will accept that it is a non-market economy under WTO rules (which would allow the United States to apply protective tariffs against Chinese exports).
* China will accept American restrictions on Chinese investment-led acquisitions in the United States.
* China will cease all technological/cyber theft as well as cease any and all policies which aim to force American firms to share technologies with China.
* China will accept American quarterly reviews on all trade policies, and pre-commit to cooperation with American findings.
* China will submit rosters of goods shipped to third countries so that China may not do end-runs around American import restrictions.
* China will abandon all WTO cases it has prosecuted against the United States as regards any of the above issues and preemptively agree to launch no new ones.
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The 'Heartland' is a pretty easy decision in terms of collateral damage even if it hits Trump's base because although agriculture is the most fundamental sector (primary) for the very survival of any sovereign nation and America is essentially the aggie superpower of the world as the biggest exporter of it by considerable distance, total output doesn't even account for 1% of the country's GDP at this point.
The man behind Trump’s trade war once negotiated using a paper airplane – Quartz
US trade representative Robert Lighthizer is the man lurking in the shadows of Donald Trump’s trade offensive on China.
The veteran international trade lawyer is known to share several traits with the US President, not least of all his skepticism of free trade, his belief that the US has been treated unfairly in trade agreements, and his belligerence.
These qualities are seen clearly in a story about Lighthizer from 1985, when he was the deputy trade representative under Ronald Reagan. Negotiating on steel imports, the rep showed his disdain for an offer from the Japanese by sending it flying back. According to the Wall Street Journal, after that, Lighthizer became known as “the missile man” in Japan.
Bloomberg described the moment:
"The trade talks on steel imports were dragging on, and Robert Lighthizer didn’t care for the Japanese offer. So he folded it into a paper airplane and launched it across his desk at Japan’s lead negotiator… The 1985 deal capped weeks of negotiations in which Lighthizer, then the deputy U.S. Trade Representative, shocked his Japanese counterparts with rough-hewn jokes and wore them out with his disdain for their proposals, former colleagues recalled. During one Japanese presentation, he devoted his attention to playfully disassembling his microphone."
The man behind Trump’s trade war once negotiated using a paper airplane – Quartz
US trade representative Robert Lighthizer is the man lurking in the shadows of Donald Trump’s trade offensive on China.
The veteran international trade lawyer is known to share several traits with the US President, not least of all his skepticism of free trade, his belief that the US has been treated unfairly in trade agreements, and his belligerence.
These qualities are seen clearly in a story about Lighthizer from 1985, when he was the deputy trade representative under Ronald Reagan. Negotiating on steel imports, the rep showed his disdain for an offer from the Japanese by sending it flying back. According to the Wall Street Journal, after that, Lighthizer became known as “the missile man” in Japan.
Bloomberg described the moment:
"The trade talks on steel imports were dragging on, and Robert Lighthizer didn’t care for the Japanese offer. So he folded it into a paper airplane and launched it across his desk at Japan’s lead negotiator… The 1985 deal capped weeks of negotiations in which Lighthizer, then the deputy U.S. Trade Representative, shocked his Japanese counterparts with rough-hewn jokes and wore them out with his disdain for their proposals, former colleagues recalled. During one Japanese presentation, he devoted his attention to playfully disassembling his microphone."