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NEWS Waterfront property in the Spratlys? Good investment or not?

Randy Daytona

Cold War Relic
pilot
Super Moderator
I believe the tariffs leveled at China are directed at a broader net result then those economic goals stated. Something similar too the economic component of Reagan's Soviet strategy. He challenged them to an arms race they could not win. It bankrupted the Soviet Union.

I am not saying Trump's tariffs will bankrupt China or lead to the fall of the Chicom government. I am suggesting that like the cost of massive deficit spending on the military in the 80s that hurt our economy, it was simply the cost of winning the cold war by other means. Besides the policy and moral victory, it led to the so called peace dividend in trade for the costly military expansion in the decade prior.

Trump's tariffs may cause economic damage over the short term. But if he gets what he wants, the long term benefit will out weigh the current cost. Any geopolitical benefit would be gravey.
I think that is exactly correct, especially since Peter Navarro and Robert Lighthizer are running the trade show. Couple of really good articles from www.politico.eu

Charge of the Lighthizer brigade
US trade chief tears up rule book to wage battle for global dominance.

https://www.politico.eu/article/the...lighthizer-brigade-trade-war-us-donald-trump/

https://www.politico.eu/article/don...de-sees-method-in-trumps-trade-madness-china/
 

wink

VS NFO. Blue and Gold Off. Former Recruiter.
None
Super Moderator
Contributor
The recent NAFTA upgrade brings Canada and Mexico into the battle against Chinese trade practices. Now there is a unique angle no previous administration has thought to exploit. Now, all of North American is in some way aligned economically against unfair Chinese trade practices.

The Trump administration appears to be weaponizing trade practices and treaties to further notional interests and goals beyond simple economics. We have always had blockades and sanctions in the play book. I think this is a bit more nuanced and targeted. It is worth a try as no previous admin has had success with their piracy, and unfair trade practices. The average American citizen may pay a bit more for some things in the short term, but the pay off will come when US citizens are not losing jobs to Chinese companies that have stolen technology or unilaterally demanded transfers to gain market access or dump their goods on US shores. In time, with luck, the pressure Trump's new trade approach places on China may even move the human rights needle.
 

Randy Daytona

Cold War Relic
pilot
Super Moderator
The recent NAFTA upgrade brings Canada and Mexico into the battle against Chinese trade practices. Now there is a unique angle no previous administration has thought to exploit. Now, all of North American is in some way aligned economically against unfair Chinese trade practices.

The Trump administration appears to be weaponizing trade practices and treaties to further notional interests and goals beyond simple economics. We have always had blockades and sanctions in the play book. I think this is a bit more nuanced and targeted. It is worth a try as no previous admin has had success with their piracy, and unfair trade practices. The average American citizen may pay a bit more for some things in the short term, but the pay off will come when US citizens are not losing jobs to Chinese companies that have stolen technology or unilaterally demanded transfers to gain market access or dump their goods on US shores. In time, with luck, the pressure Trump's new trade approach places on China may even move the human rights needle.
As China has moved to punish American farmers, Trump stepped up protections for those in agriculture - good move. Saw this today and thought it had a most quotable quote:

The Art of War has met The Art of the Deal. And The Art of the Deal has won.

https://nypost.com/2018/10/06/trump-has-china-quaking-in-its-boots/
 
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