I Predict The US/China Trade War Will Last For Months

Regarding Trump's actions against Huawei:

https://www.moonofalabama.org/2019/05/propaganda-intensifies-the-trade-war-with-china.html#more

Consider Trump's recent move against the Chinese manufacturer Huawei:

The White House issued an executive order Wednesday apparently aimed at banning Huawei’s equipment from U.S. telecom networks and information infrastructure. It then announced a more potent and immediate sanction that subjects the Chinese company to strict export controls.
The order took effect Thursday and requires U.S. government approval for all purchases of U.S. microchips, software and other components globally by Huawei and 68 affiliated businesses. Huawei says that amounted to $11 billion in goods last year.

Huawei currently uses U.S. made chips in many of its smartphones and networking products. But it has long expected the U.S. move and diligently prepared for it:

Huawei's chipset subsidiary HiSilicon said on Friday it will use backup chips it has independently developed for years to cope with the ban from the United States.
He Tingbo, president of HiSilicon, said in an internal letter to staff that Huawei has been preparing for a scenario of survival in extreme conditions when all the advanced chips and technology from the United States become unobtainable.
...
"Today, a historic choice has to be made. Our backup plan will be put into official use," according to the letter.

Soon U.S. chip companies will have lost all their sales to the second largest smartphone producer of the world. That loss will not be just temporarily, it will become permanent. At the same time Trump's tariffs on products from China will further hurt the U.S. economy. The voters already fear that:

By an 11-point margin, voters think increased tariffs on Chinese imports will do more to hurt the economy than help it.
The voters' hunch will soon be confirmed as Walmart and others announce that they will have to increase their prices. Economists also expect that the U.S. consumers will feel significant pain:

“[T]he cost to an American family of three would be about $2,200 if Trump’s full package of 25% tariffs on $500 billion of merchandise imports from China is implemented.
“In the case of the latest 15% additional tariffs on $200 billion, from 10% to 25%, that go into effect by the end of May … the direct cost is $30 billion and the likely indirect cost, through higher US producer prices, will be another $30 billion. Together, that’s $60 billion … about $550 per family.” China will absorb “no more than 5%” of the tariffs.

Few other countries will join Trump's anti-China campaign. It will further isolate the United States. That is quite an achievement for the MAGA man.

 

It is going to last for months. Perhaps a few years even because:

1) China is a dictatorship. Worse they are a dictatorship with lots of nationalistic appeal. They can afford some marching in the streets here and there if they want to rough it out.

2) Americans are about to discover that they aren't nearly as dependent on the Chinese as alarmists have been claiming for more than a decade. That and unlike any other Trump Admin. policy, the trade war with China has significant Democratic support.

 

0range man bad!

The Big Hack: How China Used a Tiny Chip to Infiltrate U.S. Companies

 

From your link:

“Having a well-done, nation-state-level hardware implant surface would be like witnessing a unicorn jumping over a rainbow,” says Joe Grand, a hardware hacker and the founder of Grand Idea Studio Inc.“Hardware is just so far off the radar, it’s almost treated like black magic.”

and ...... In emailed statements, Amazon (which announced its acquisition of Elemental in September 2015), Apple, and Supermicro disputed summaries of Bloomberg Businessweek’s reporting. “It’s untrue that AWS knew about a supply chain compromise, an issue with malicious chips, or hardware modifications when acquiring Elemental,” Amazon wrote. “On this we can be very clear: Apple has never found malicious chips, ‘hardware manipulations’ or vulnerabilities purposely planted in any server,” Apple wrote. “We remain unaware of any such investigation,” wrote a spokesman for Supermicro, Perry Hayes.

Nice click-bait title, though.

 

So you just skipped over:

Nested on the servers’ motherboards, the testers found a tiny microchip, not much bigger than a grain of rice, that wasn’t part of the boards’ original design.

During the ensuing top-secret probe, which remains open more than three years later, investigators determined that the chips allowed the attackers to create a stealth doorway into any network that included the altered machines. Multiple people familiar with the matter say investigators found that the chips had been inserted at factories run by manufacturing subcontractors in China.

So much for click-bait

 

Nope, I read it. What I posted were denials by the affected companies of the whole story (the top-secret probe).

Maybe you should have read .... as Paul Harvey would say ..... "the rest of the story".

 

Good old Paul, I miss his shows.

 

Yep, through YOUR EYES, that's all you can see. That statement speaks volumes.

Its not that they CAN'T come back. Its that they WON'T come back. I said why.

 

How I have been told? Explain exactly how you have been told that I need someone else to tell me what to think.

I'm sorry, but you need to stop feeding me the false narrative that someone is feeding me false narratives.

Contrary to your comments, I have been alive long enough to remember what I was like in the US before manufacturing jobs went overseas in search of cheap labor wages. I remember the days when a man in manufacturing could pretty much count on a job for life and could sustain a household without his wife having to work. I remember that, I saw it, I don't need people like you feeding me your BS false narratives.

They have not coming back en masse and they won't back en masse. Here's a fact for you. MANUFACTORING JOBS USED TO MAKE UP OF 30 PERCENT OF THE LABOR FORCE. TODAY THEY MAKE UP ONLY 8 PERCENT OF THE LABOR FORCE.

The percentage of those jobs had gone so low, that there was almost nowhere for them to go but up.

 

What's going to fold like a tent is the US economy if Trump keeps this stupid trade war up. I guarantee it.

 

We are supposed to be having a discussion. Tell me what you see about diversity being strength.

I mean we landed a man on the moon without diversity, we built an atomic bomb without diversity, heck, we won WWII without diversity. Where do you see diversity doing any good?

 

Explain, precisely why is diversity of race, rather than diversity of skill sets and knowledge, regarded as such a beneficial strength that simply must be pursued at all costs, up to and excluding other qualified individuals on the basis of their race alone?

 

Well, that sh*t discussion has been beat in the damn ground on this forum.

So if you want to swim in that cesspool, knock yourself out. I ain't gonna join you.

Here's a forum that is more suitable for your type of taste. Have fun!!!

http://******mania.com/afnfaq/

 

You were the one who brought up "diversity."

 

We have been in a trade war with china since Nixon kicked the door open. For the first time in more than forty years we have a president who understands and accept that a trade war is going on and is determined to end it. The status quo, unless you want the current Chinese government running the world, is no longer tenable..

 

If it means buying superior goods for less cost..Then yes.

 

I'm saying at least a year.

 

So does this mean the US will no longer have a 375 Billion trade imbalance? Where will those 375 bill of goods be made. if you figure just 1/2 in the US that will be 2.5X what we export to them now. What about sending th eother 1/2 to India and create a stronger India to challenge China in asia?

 

For the sake of clarity, in case anyone else is following, you and I will have quite a bit of trouble having any type of discussion along those lines. Although that link that I posted does not work on this discussion board, here's something taken from the website that demonstrates the type of thinking that people like you engage in:

That basically sums up what you have to say. Being that I am black and have been hearing that sh*t my entire life, there is no point in us having such a discussion.

Again, that was for the sake of clarity, in case anyone is following.

 

Sorry, China won't be running the world, and neither will the US. Because of the presence of nuclear weapons, the world will either turn multi-polar, or modern human civilization will be destroyed.

There is only one thing that will save modern human society, and that is not going to happen. So at some point, nuclear weapons will put an end to this nonsense.

 

China isn't thinking about tradition world conquest, they are wanting to do it by economic power and technological advantage. To that end they leverage every deal they do in ways that would make a banker blush. We either rein it in or a lot of the third world is going to wind up owned by them in not entirely pleasant ways.

 

Then don't start discussions you don't want to have.

 

In case you haven't noticed, we are buying more from China now than before the tariffs.
And no, you don't just pick up a company that employees 100,000 people and move it.

Think about it. Would you invest that kind of money after you just watched Trump fold on the steel tariffs?

 

I think it's a little late for that since China walked away from the talks.
But maybe if you repeat it enough it will make you feel better.

 

China is trying to do the same thing that the US is trying to do and that is project power as far as possible. Although their current power to do so is constricted by their current military capabilities, THOSE SAME MILITARY CAPABILITIES ALLOW CHINA TO PROJECT POWER IN ITS NEAR GEOGRAPHIC SPACE. The thing is this, the US can sail ships currently in the South China Sea in defiance of China. However, in the bigger scheme of things, it is a meaningless exercise. At some point, China will introduce nuclear weapons into that space and all the bullsh*t games will be over. At some point, the US will put nuclear weapons back in South Korea. and then the stage for the shooting match will be set.

Like I said, because of the presence of nuclear weapons, the world will become multipolar or modern human society will be destroyed.