Trump Wins Again: China Caves To U.S. Demands -- Near Deal To Avert Trade War.

[OneHungLo]

Looks like all the American haters were WRONG as usual. Thank god Trump's running shit. This is huge. Another great accomplishment to add to the ever growing list.



"In an interview with Chinese media published Monday, Li Keqiang emphasized that there was no point in a trade war between the US and China, and that the two sides would come to a reasonable solution. Li added that China would cease its practice of forcing foreign firms to turn over valuable intellectual property by partnering with China firms in "joint ventures.""

With its long-anticipated petroyuan contract only hours old, senior government officials in Beijing are reprotedly working with the US to try and reach an agreement that would stave off a tit-for-tat trade war between the world's two largest economies, according to the Financial Times and Wall Street Journal.

Treasury Secretary Steve Mnuchin along with trade representative Robert Lighthizer on one side, and Vice Premier Liu He, effectively China's economy czar and President Xi Jinping' "real second-in-command" on the other, have been negotiating behind the scenes, according to the FT.

And although nothing has been finalized, Liu has assured Mnuchin that China would cave on several US demands, including allowing foreign investment in Chinese securities firms and offering to buy more semiconductors from US semiconductor firms, the FT reported. There's also been talks that China could loosen restrictions on foreign investment in manufacturing, telecom, medical and education.

Mnuchin, who is reportedly considering whether he should plan a trip to Beijing to expedite the negotiations, said Sunday after the US and South Korea reached a trade deal to exempt the South from US aluminum and steel tariffs that he was optimistic the US might reach a similar agreement with China. The Treasury secretary has reportedly handed Liu a list of US priorities, including loosening restrictions on US auto imports.

Late last week, President Trump announced that he planned to impose $60 billion in tariffs on Chinese industrial exports to reduce China's nearly $400 million merchandise trade surplus with the US. Beijing subsequently announced it would retaliate with sanctions on a just $3 billion of US imports, with threats of more sanctions to come.

Chinese officials had initially been working to allow foreign majority control of securities companies by June 30, but Liu is now aiming for formal State Council approval as early as May. The liberalization would raise the 49% foreign ownership ceiling for securities firms to 51%. It was first outlined by China’s finance ministry in November. At the time, Zhu Guangyao, vice-finance minister, also said the cap would be lifted within three years.

Furthermore, more moves to ease foreign ownership limits in China’s commercial banking and insurance sectors could be revealed next week when President Xi addresses the Boao Forum for Asia, an annual meeting modeled on the World Economic Forum and hosted by the Chinese government on the southern island province of Hainan.

It's also unclear how Washington might react to Beijing’s proposal that Chinese firms buy more semiconductors from the US because that would disadvantage South Korea and Taiwan, two of the US's most important allies in the region.

"The US would basically be stealing from their surpluses with China," one person said.

In an interview with Chinese media published Monday, Li Keqiang emphasized that there was no point in a trade war between the US and China, and that the two sides would come to a reasonable solution. Li added that China would cease its practice of forcing foreign firms to turn over valuable intellectual property by partnering with China firms in "joint ventures."

US plans to impose more tariffs on Chinese goods have rattled the global community. As WSJ points out, farm-belt Trump voters, whose exports face possible retaliatory tariffs by China, decried the tariff plans, and in foreign capitals from Canberra to Brussels, US allies nervously weighed diplomatic options as tensions mounted between Washington and Beijing.

But China is hoping it's launch of the petroyuan contracts will help speed up the internationalization process - and the ascendance of the yuan as a reserve currency. For now at least, it needs to appease the US.

The MSCI World Equity Index turned positive on the news of a trade war truce, and as reported moments ago, the S&P has soared over 1% to start the holiday-shortened week.

https://www.zerohedge.com/news/2018-...-tat-trade-war

[beerptrol]

Keep swinging on Chump's nuts

[OneHungLo]

Originally Posted by beerptrol

Keep swinging on Chump's nuts

Aww look the illegal alien hates good news

[ruff]

Yeah, this is big news, it's on all the news channels. It's everywhere Stormy Daniels isn't. tRump saves the day! Yay. He made the Chinese eat dirt. Yay. It's a new dawn, tRump is the man. He dah main! Whoopie fuckeroo! Except no.

[Vendzilla]

What I don't understand is that the democrats are holding up the nomination of the new ambassador to Germany that's openly Gay, isn't that something the democrats say they protect?
Also the democrats are saying they got everything they wanted from the new spending bill, but there is no mention of DACA in it, guess they don;t give a rats ass about the people they say they are there to protect, fucking hypocrites.
Trump is proving to be the most liberal republican president in recent history!!!

White House lashes out at Dems for obstructing Ric Grenell confirmation

[OneHungLo]

Originally Posted by ruff

Yeah, this is big news, it's on all the news channels. It's everywhere Stormy Daniels isn't. tRump saves the day! Yay. He made the Chinese eat dirt. Yay. It's a new dawn, tRump is the man. He dah main! Whoopie fuckeroo! Except no.

Well if you hate America this is a bad thing. Otherwise this is HUGE. China's been fucking us for years and every sitting American president has done fuck all to stop it. China knows Trump will fuck their shit up BIGTIME hence why they are backing down and giving in.

[Acepimp]

Solid, he's not taking their shit. The previous admins were letting us get ripped off

[ErectMedia]

Trump Nation

[BaldBastard]

Originally Posted by OneHungLo

But China is hoping it's launch of the petroyuan contracts will help speed up the internationalization process - and the ascendance of the yuan as a reserve currency. For now at least, it needs to appease the US.

Read that very carefully and let it, and the effects sink in...

btw

"It was first outlined by China’s finance ministry in November. At the time, Zhu Guangyao, vice-finance minister, also said the cap would be lifted within three years."

Go TRUMP!!!!

[OneHungLo]

Originally Posted by MrBaldBastard

Read that very carefully and let it, and the effects sink in...

btw

"It was first outlined by China’s finance ministry in November. At the time, Zhu Guangyao, vice-finance minister, also said the cap would be lifted within three years."

Go TRUMP!!!!

lol so instead of admitting it's huge that they are not only backing down, but they are going to stop the practice of forcing US companies from giving up their intellectual property to do business in China, you try to insinuate that yuan is going to replace the dollar...be real dude.

[2MuchMark]

[Bladewire]

Lol @ "Trump wins"

[OneHungLo]

Originally Posted by 2MuchMark

Mark, you have to admit this is pretty impressive. It's only been a little over a year and look what the man has done to NK and china.

[Rochard]

Originally Posted by Vendzilla

What I don't understand is that the democrats are holding up the nomination of the new ambassador to Germany that's openly Gay, isn't that something the democrats say they protect?
Also the democrats are saying they got everything they wanted from the new spending bill, but there is no mention of DACA in it, guess they don;t give a rats ass about the people they say they are there to protect, fucking hypocrites.
Trump is proving to be the most liberal republican president in recent history!!!

White House lashes out at Dems for obstructing Ric Grenell confirmation

So much for Trump being the "great negotiator".

[BaldBastard]

Originally Posted by OneHungLo

lol so instead of admitting it's huge that they are not only backing down, but they are going to stop the practice of forcing US companies from giving up their intellectual property to do business in China, you try to insinuate that yuan is going to replace the dollar...be real dude.

No its H U G E, that China has removed that restriction.. like they said they were going to. There's more money to be made in China than any other country, I'd expect trillions of USD to now flow in to the USA, just don't go figuring its flowing back after profits are made..

And the petro Yuan, yep it won't over take the dollar, but you do lose, China, Russia, Iran, North Korea and anyone else the USA thinks they can place restrictions and sanctions on. Most likely we are looking at a 50% split on world production and consumption.

Trump won a billion dollar deal and Xi won a Quadrillion dolla deal.

So clap clap for President Trump?

[OneHungLo]

Originally Posted by Rochard

So much for Trump being the "great negotiator".

Ummmm he just stopped china from forcing US corps from giving up their intellectual property - i'd say that's pretty good.

[Acepimp]

The loony left is so blinded by hatred that they can't even see anything positive from Trump. Pretty sad when fake news manipulates & misleads people, & they actually buy it & get duped.

[OneHungLo]

Originally Posted by MrBaldBastard

No its H U G E, that China has removed that restriction.. like they said they were going to. There's more money to be made in China than any other country, I'd expect trillions of USD to now flow in to the USA, just don't go figuring its flowing back after profits are made..

And the petro Yuan, yep it won't over take the dollar, but you do lose, China, Russia, Iran, North Korea and anyone else the USA thinks they can place restrictions and sanctions on. Most likely we are looking at a 50% split on world production and consumption.

Trump won a billion dollar deal and Xi won a Quadrillion dolla deal.

So clap clap for President Trump?

haha you think US intellectual property is a billion dollar deal? Please man. And the profits will flow back against your dismay with a lower repatriation tax rate.

And btw, this is just the beginning. You can bank on it that there will be many more with China and many other countries as well.

I guess in your eyes it would have been better if we did nothing and let china rape us.

[OneHungLo]

Originally Posted by Acepimp

The loony left is so blinded by hatred that they can't even see anything positive from Trump. Pretty sad when fake news manipulates & misleads people, & they actually buy it & get duped.

Yup! You KNOW when they read that shit they literally groan. They would rather have America fail than to have Trump succeed.

[BaldBastard]

Originally Posted by OneHungLo

Yup! You KNOW when they read that shit they literally groan. They would rather have America fail than to have Trump succeed.

But Trumps not succeeding, its not a reality show and the season won't soon be over.
Its irrelevant whose in power.. China has 800 million people reaching middle class in the next 10 years... That can be delayed by something like TPP, or it can be speed up by China lowering foreign investment requirements and attracting more money locally. Just be clear, it can't be stopped.

Seriously the only policy that would work in the USA right now is to double the population, everyone should be fucking and making babies. And making sure you don't get on China's wrong side.. especially for future generations.

Trump got your vote by economic isolation polices.
Xi gets his support by touting economic globalization.

Xi will be in power much much longer than Trump will be. Trump will merely be a floating fart in the term of Xi's presidency.

Xi will win for no other reason than.. BIG FUCKING NUMBERS

[pimpmaster9000]

a research dollar in china goes way longer than a research dollar in the USA...china already makes better CPUs than the USA does at a fraction of the cost...also china did not "cave in"...it is a game...the USA made a move now china responded...this is not "caving in" until the game is over...

on a side note I find it hilarious that people believe in "trumps miracle diet pills"...4x broke boy trump knows something other politicians before him did not...funny LOL

[EddyTheDog]

It sounds like this happened despite Trump's interference not because of it...

[Paul Markham]

Originally Posted by beerptrol

Keep swinging on Chump's nuts

It's better than swinging on the balls of corporations who are more worried about their bottom line than what's good for the people.

I predicted that China couldn't afford a trade war.

[pimpmaster9000]

Originally Posted by Paul Markham

It's better than swinging on the balls of corporations who are more worried about their bottom line than what's good for the people.

I predicted that China couldn't afford a trade war.

oh look paul the outsourcer chimes in...he was so worried about whats good for his people he moved production to a cheap country and stayed there

[Paul Markham]

Originally Posted by MrBaldBastard

Its irrelevant whose in power.. China has 800 million people reaching middle class in the next 10 years...

Off the backs of the Westerners who will join the working classes. Think about where this new found wealth is coming from. You might as well claim Tubes will gain a billion more viewers without affecting the porn business.

Seriously the only policy that would work in the USA right now is to double the population, everyone should be fucking and making babies. And making sure you don't get on China's wrong side.. especially for future generations.

Stupid remark. Double the wages has a far better affect.

Trump got your vote by economic isolation polices.
Xi gets his support by touting economic globalization.

Xi got his support by locking up any opposition.

Xi will be in power much much longer than Trump will be. Trump will merely be a floating fart in the term of Xi's presidency.

Xi will win for no other reason than.. BIG FUCKING NUMBERS

Xi will win if the next President is firmly in the pockets of big corporations.

[pimpmaster9000]

Originally Posted by Paul Markham

Off the backs of the Westerners .

alzheimer reminder service: nobody forced westerners to buy china shit or move production abroad like you did they did it themselves gladly

[crockett]

Originally Posted by ruff

Yeah, this is big news, it's on all the news channels. It's everywhere Stormy Daniels isn't. tRump saves the day! Yay. He made the Chinese eat dirt. Yay. It's a new dawn, tRump is the man. He dah main! Whoopie fuckeroo! Except no.

Zerohedge is a very right wing financial site. It's pretty well known that It pushes all sorts of right wing fanasty and conspiracies.


It's funny to see morons like vendildo run with it though.. onehunglow is obviously going to believe anything that is good for his team..

Zerohedge is one of the pushers of the fake uranium one deal, so that should tell you where to put your faith in their honesty. They are known as bullshit artists..

[RedFred]

LOL@ people still sucking the cock of a guy best known as Spanky Bone Spurs.

[directfiesta]

Bond Traders Face Gut-Check in Record $300 Billion U.S. Auctions

https://www.bloomberg.com/news/artic...n-u-s-auctions

Who do you think will buy this .... ?

[Vendzilla]

Originally Posted by Rochard

So much for Trump being the "great negotiator".

He's doing better than the last 4 presidents.

[Vendzilla]

Been to China, they were building everywhere off the money they were making in trade off mostly the US. About time someone called for balance.

[crockett]

Originally Posted by Vendzilla

He's doing better than the last 4 presidents.

Shows how blinded by faith you are.. faith to bullshit..

[ruff]

A whole thread devoted to the sucking of the tRump cock. News that no one knows anything about except here at the GFY gloryhole.

[pimpmaster9000]

Originally Posted by directfiesta

Bond Traders Face Gut-Check in Record $300 Billion U.S. Auctions

https://www.bloomberg.com/news/artic...n-u-s-auctions

Who do you think will buy this .... ?

china will be standing in line to buy that shit up

[Bladewire]

Originally Posted by crockett

Zerohedge is one of the pushers of the fake uranium one deal, so that should tell you where to put your faith in their honesty. They are known as bullshit artists..

The truth doesn't matter to Trump supporters. Trump supporters only want to feel good in their hate and fake news sites do that for them just like the Bible does for haters that use it to discriminate against others.

[JFK]

Originally Posted by ruff

Yeah, this is big news, it's on all the news channels. It's everywhere Stormy Daniels isn't. tRump saves the day! Yay. He made the Chinese eat dirt. Yay. It's a new dawn, tRump is the man. He dah main! Whoopie fuckeroo! Except no.

[JFK]

Somewhere where I can post uncensored vids perhaps ? Thanks

[Bladewire]

[OneHungLo]

Originally Posted by ruff

A whole thread devoted to the sucking of the tRump cock. News that no one knows anything about except here at the GFY gloryhole.

That should tell you something about the news you're watching.

[Paul Markham]

How many of these countries are doing it by replacing expensive Western Labour with their cheap labour?



Vietnam you went to war over. China was starving to death under communism until they got Western companies to invest their, India will keep taking jobs because of the poverty throughout the country, Iran is an enemy of the West, Turkey and Egypt wouldn't be classed as friends.

All this while you lose jobs, wages, put people on welfare and import cheaper migrants to steal more jobs.

But for some reason I can't see, you blame it on Trump.

[pimpmaster9000]

^^^ outsourced his production to a cheap country and stayed there

[Sarn]

Originally Posted by Bladewire

Putin and Erdogan discuss preparations for Russia-Turkey-Iran summit in Ankara
TASS: Russian Politics & Diplomacy - Putin and Erdogan discuss preparations for Russia-Turkey-Iran summit in Ankara

[PR_Glen]

Originally Posted by Vendzilla

What I don't understand is that the democrats are holding up the nomination of the new ambassador to Germany that's openly Gay, isn't that something the democrats say they protect?
Also the democrats are saying they got everything they wanted from the new spending bill, but there is no mention of DACA in it, guess they don;t give a rats ass about the people they say they are there to protect, fucking hypocrites.
Trump is proving to be the most liberal republican president in recent history!!!

White House lashes out at Dems for obstructing Ric Grenell confirmation

you can answer all those questions yourself because you already know the answers to those loaded questions. 'dems' is not a movement or an opposition to your entire existence. Turn up your ad blocker and maybe you will avoid being the target of those russian troll farms and the manipulation wont be so fuckin obvious...

use your own thoughts instead and you will probably not be so polarizing to everyone around you.

[mineistaken]

The great negotiator.

[Bladewire]

Originally Posted by PR_Glen

use your own thoughts instead and you will probably not be so polarizing to everyone around you.

This coming from the guy groveling about how much he follows ultra alt right wanna be intellectual Jordan Peterson. What a joke! Follow your own advice