Monday, April 9, 2018

China says trade talks with US 'impossible under current conditions
Read more at https://www.channelnewsasia.com/news/asia/china-says-trade-talks-with-us-impossible-under-current-10120110
 (Updated: )

Ricky Lim · 
Singapore

China said on Monday (Apr 9) trade talks with the United States are "impossible" under current conditions after President Donald Trump tweeted that he saw an end to the dispute.
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Agree that China should not back down on Trump's tariff threat on China.
China must not let Trump bully China by brute force - else China will lose its business sovereignty not base on mutual benefit and open and free trade under the armbit of WTO.

The whole World will face the same threat from Trump by brute force and bullying in trade - and WTO multilateral trade arrangement fails.

China should give Trump a bloody nose - as time is not on the side of Trump with November mid-term election getting closer and closer.

Trump has alot to lose and China can afford to hold it out - and wait for Trump to falter and fail.
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Ricky Lim · 
Singapore

The Chinese Communist Party's official newspaper on Monday described U.S. trade policies as a populist tilt by Trump ahead of the U.S. mid-term elections but that the steps would ultimately end up hurting U.S. households through higher consumer prices.
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US households and consumers are being hurt by the higher prices --- and this will definitely backfired at Trump and his November mid-term election.

Thus time and factor is all on the China side ---- China should not back down and hand Trump a good defeat in Trump's trade war - and teach him a good and expensive lesson.
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Ricky Lim · 
Singapore

Ricky Lim · Singapore
Trade tensions between Washington and Beijing have rattled markets over the past week. Soybean prices tumbled by as much as 5 percent after China threatened to levy extra duties on U.S. shipments, though the market ultimately ended the week down about 1 percent.
The United States is the second-largest soybean exporter in the world after Brazil. China is by far the top buyer, importing about two-thirds of all soybeans traded globally.
The big U.S. soybean sales come at a time when U.S. shipments are traditionally costlier than newly harvested soybeans shipped from Brazil, the world's biggest exporter.

"U.S. prices got exceedingly cheap compared to Brazil," said a U.S. trader who asked not to be named. "Some of this is outright new business. Some of it is arbitraging away from Brazil
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Trump trade war is hurting his own US business and agricultural sector.

Trump must be taught an expensive and good lesson.

The time will come when US voters punish Trump.
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Ricky Lim · 
Singapore
despite incontrovertible evidence of Beijing's illicit and protectionist behaviours," White House trade advisor Peter Navarro
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It is a great joke that this Peter say Beijing is displaying illicit and protectionist behaviors.

Trump in fact is the greatest unilateralist and the greatest protectionist in triggering global trade worldwide - that infringe the WTO rules without justifications.

China should deliver a bloody nose and fatal blow to Trump and his Administration for employing hostile trade policies worldwide.

In case Trump and his economic team are delusional --- the World is extremely angry with Trump and the whole economic team for causing so much problem to the World - just remember that.
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Ricky Lim · 
Singapore

Trump and his economic team - sudden declaration of trade tariff worldwide and launching trade war against the whole world ---- is liken the Nazi Blitzkrieg surprise WW3 attack onto the World - albeit declaring Global War - WW3 (Global Trade War).

And China must help the World to defeat Trump and his economic team convincingly once and for all - to defeat Trump and his bully.
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