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    China Taunts The US: ‘We WILL Survive Your Trade War’

    Mac Slavo
    August 6th, 2018
    SHTFplan.com
    Comments (30)
    Read by 1,833 people

    China is taunting the United States over the tension increasing trade war. Chinese authorities have warned through state media that they will survive the trade war with the US.

    As tariffs are added and prices go up on goods and services to combat increasing government regulation of the economy, China insists it can handle a trade war with the US.  Of course, they can; since American consumers are going to be ones footing the bill for this horrific idea. 

    The declaration of a survival of the trade war appears to be in response to the Chinese government’s announcement on Friday, that a list of possible tariffs could affect imported goods. The tariffs range from 5% to 25% on $60 billion worth of U.S. agricultural, metal, and chemical goods. The tariffs would go into effect if the U.S. makes good on its threat to raise tariffs to 25% on some $200 billion worth of Chinese goods.

    The next day, President Donald Trump said the U.S. still has the upper hand in the trade war, but according to most financial and economic experts, Trump is wrong. “China has to defend its right to development, and we don’t fear sacrificing short-term interests,” The Global Times wrote in an editorial. “The U.S. is trying to conclude the trade disputes swiftly, but China is prepared for a protracted war…In future, the U.S. economy will depend more on the Chinese market than the other way around.” But the editorial also highlighted China’s rationality and said its people do not want a trade war.

    Well, the American people don’t want a trade war either, and frankly, they can’t afford it.  The Chinese actually have savings on hand to spend in case of emergency.  The same cannot be said about the average American. Most Americans live paycheck to paycheck; meaning any increase in the cost of goods or services could be detrimental.

    But according to Fortune, $1 million a year in imports, Bloomberg the list of almost 6,000 items that China unveiled Friday may be meant more to “save face” than as a direct tit-for-tat, as 500 of the listed items aren’t traded in the first place and another 2,000 see less than reported. Meanwhile, the American side has played down the trade war’s impacts on its own economy, with President Trump claiming without evidence that U.S. Steel would open several new steel mills due to U.S. tariffs on foreign steel.

    So far, the trade giants (the US and China) are in the midst of stop-and-go trade negotiations. China has also complained to the World Trade Organization about the U.S. tariffs. Such disputes are common: the U.S. and China had a total of 32 on-going disputes last month, and the U.S. and EU had 52.

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    Author: Mac Slavo
    Views: Read by 1,833 people
    Date: August 6th, 2018
    Website: www.SHTFplan.com

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    30 Comments...

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    1. Kevin2 says:

      US farmers are losing sales to China of food products because of rising Chinese tariffs. This raises food prices in China. Affordable and abundant food is the grease of social pacification in China. This is literally “cutting off your nose to spite your face”.

      • durangokidd says:

        China has been working hard to become self sufficient in food production and EVERYTHING ELSE from cars, computers, to aircraft engines. It does not want to buy anything from anyone else,including oil & gas, which is why it claims the entire South China Sea as it’s own. That is their goal: complete and total self-sufficiency while dominating everyone else.

        Even so, China will not …. CANNOT …. win the Trade War at this time. China is vulnerable. Much more so than the USA. If it tries to fight rather than negotiate and seek mutual, reciprocal trade, the YUAN will become confetti. I mentioned that here YEARS AGO …. yeah it’s in the Archives.

        What products that America consumers buy from China (if any) will generate less profit for China and more profit for the USA, as TARIFFS are government income and go directly to the bottom line reducing the balance of payments and the US national debt.

        The ECONOMIC PRINCIPLE OF SUBSTITUTION always applies. New Suppliers will replace Chinese sourced products (think Ukraine, South America, India) and some manufacturers will return to the United States because they have customers here they do not want to lose.

        Chinese debt to gdp ratio is currently 300%. If their GDP falls because of the Trade War …. and it will …. that ratio breaks the glass ceiling as China’s economy is crushed. The currency rapidly depreciates, and massive Chinese consumer and corporate debt becomes very difficult to repay, plunging China into a DEEP DEPRESSION: the euphoria of recent years will collapse as leveraged Chinese consumers and corporations scramble to unload leveraged assets.

        Tariffs are NOT always bad. In this case it is the only way to bring China’s ambitions into check while playing the Great Game. 🙂

        • Genius says:

          Does this mean that walmart will go out of business? Ha ha ha ha, good riddance!

          • TharSheBlows says:

            There is an article just out. 8/4/2018

            US will become world number 2 in liquid Natural gas exports and China will be number one importer.

            ht tps://www.nextbigfuture.com/2018/08/us-will-become-world-number-2-in-liquid-natural-gas-exports-and-china-will-be-number-one-importer.html

            What really pisses me off is that gas is American’s Gas for us to use not exporting these energy resources to other countries. Like WTF???

            I also heard on the radio and have been looking to confirm this, but the Florida Lobster fishermen are exporting about 90% of our lobster to Japan. Probably because of Fukishima.

            This is what Globalists like to do, Rape countries for their resources and export them for a huge profit. We need to slam the door shut on US natural resources like, Oil and Gas and our Gulf and Ocean seafood. Its OUR friggin sea food, they are exporting. No wonder Lobster is so expensive. We are competing with the Japs.

            If anybody can find info on this Lobster export statistic, let me know. I’m really pissed off about that if it is true.

            • TharSheBlows says:

              Well I found this article, so maybe it is not all true.

              Distribution share of the U.S. lobster export volume in 2016, by major importers

              To Canada, 58%
              To China 14%
              To Italy 7%
              To Spain 4%

              That’s 83%,

              ht tps://www.statista.com/statistics/197274/us-lobster-exports-to-major-importers-by-volume/

            • Kevin2 says:

              TharSheBlows

              The Natural Gas and Oil may reside within the USA but not being a communist country its not the property of the American people; it’s therefore sold on the world market. Having China dependent upon this source gives the USA significant leverage because this supply can be curtailed by law. Kissinger (who I’m no fan of but he is brilliant) said, “You control people with food and governments with oil”. Likewise the lobster isn’t “ours”. It may have its faults but this is capitalism. The alternative system doesn’t work too well.

          • durangokidd says:

            No. Walmart will source from other companies in other nations. They may even buy companies in other nations to monopolize their production. They have the cash to do whatever they want. Or like, Harbor Freight they may contract with companies in other countries to produce products to their specifications, for their in-house brand; like Harbor Freight.

            99% of all products at Harbor Freight are sourced from Chinese companies according to their specs. I particularly like the Predator line of generators that are as good or better than HONDA at almost half the price. 🙂

        • durangokidd says:

          Here’s a link to support my premise. BTW, let me remind everyone that I told this community YEARS AGO that financial collapse was far more likely in China than the USA.

          http://beforeitsnews.com/v3/prophecy/2018/2499580.html

          🙂

    2. Traitor Hator says:

      Anything we do with these people aids our possible destruction ? The Chinese government employees are some of the worst scum on this planet. Deal with the devil to get a bargain price? Explain that later.

      • TharSheBlows says:

        We need to Export all the Liberals to other Countries to help destroy their Nations from within.

        • durangokidd says:

          The Liberals will be running to France like a kid to a candy store because France has just passed a law eliminating ANY legal age for sex.

          Pedos now have open season on children in France. Watch the liberals run for the border now !!! 🙁

          • Anonymous says:

            Before making such ridiculous statements please quote your source. Anything you say can be readily checked online. Your diatribe is nonsense as are most of your comments.

            “The age of consent in France is 15, as specified by Article 227-25 of the Penal Code, which reads: “The fact of the commission without violence, constraint, threat or surprise of a sexual offence by an adult on the person of a minor under fifteen years of age is punished by five years’ imprisonment and a fine of 75,000 euros”

            “The second-highest age of consent is 20 in South Korea, while the majority of other countries have an Age of Consent between 16 and 18. The lowest Age of Consent in the world is 11, in Nigeria. The age of consent is 12 in the Philippines and Angola, and 13 in Burkina Faso, Comoros, Niger, and Japan.”

    3. rellik says:

      Tariffs are always bad. But “dumping” to kill off foreign industries is even worse. Here in North America we have enough resources that we really don’t need to import anything, except knowledge. I always think “outside the box”. Closed societies like China, Japan, Korea, and Moslems are by nature self limiting, so they must steal from others to survive. Assuming we can survive living with Democrats, America will succeed despite what ever China decides to do. I want to see the Chinese succeed also, but not at the false expense of my fellow citizens.

      • Kevin2 says:

        Tariffs are often necessary to maintain your indigenous manufacturing capacity. I’ve read on this BB that protecting industry is Un-American, they couldn’t be more wrong.

        “Protection of our own labor against the cheaper, ill-paid, half-fed, and pauper labor of Europe, is … a duty which the country owes to its own citizens.”
        Daniel Webster

        “The wealth … independence, and security of a Country, appear to be materially connected with the prosperity of manufactures. Every nation … ought to endeavor to possess within itself all the essentials of national supply. These compromise the means of subsistence, habitation, clothing, and defence.”
        Alexander Hamilton

        “Free trade results in our giving our money … our manufactures and our markets to other nations. … It will bring widespread discontent. It will revolutionize our values.”
        William McKinley

        “Open competition between high-paid American labor and poorly paid European labor will either drive out of existence American industry or lower American wages.”
        William McKinley

        • Genius says:

          My manufacturing hasn’t been hurt at all by the chinese. Ammo, smokes, booze, garden, etc. I don’t shop at walmart and buy amerikan over others. Amazon can shove it, walmart can shove it, Harbor frieght can shove it. I buy a lot of used things (tools etc.) for cheaper than chinese shit anyway. I read labels when shopping, any item that says non gmo, organic, no HFC, no hormones, no antibiotics, etc. gets bought instead of cheaper crap. Made in usa gets bought over other shit because I’m not a stupid ass cheap bastard. Try it, you’ll like it! 🙂

          • TharSheBlows says:

            A US Patent is a Chinese Blue Print.

            And China raped America plenty good in the last few decades with all the Manufacturing going to China for cheaper labor. These Traitor CEO’s of these US corporations, moving the manufacturing and tooling to China, need to be hung and beaten like a Mexican Pinata’ until every last dime falls out of their pockets.

            I hope you all agree.?.?

          • rellik says:

            Gen,
            One of my Laptops just broke. A Toshiba Satellite, an old one, USB problems, I’ll set it up to play Pandora and basically retire it.
            I tried to order a American computer. It cannot be done.
            We may design the things but thanks to the Democrat EPA we don’t
            build them any more.
            I ended up with a HP laptop. Assembled in China with parts from Malaysia, Korea, India, and wherever, delivered by an aircraft assembled in WA state out of parts from everywhere.
            As long as we have Democrats, we will not be self sufficient.

            • Kevin2 says:

              rellik

              Republican Neo-Cons were at the forefront, the virtual spearpoint, of globalist free trade movement. The desire was to use ultra cheap labor devoid of all civilized safety and environmental regulations which were prevalent not just in the USA but throughout the developed world. The corrupt Democrats abandoned their long time supporter labor and were bribed to go along for the ride with Bill Clinton at the apex.

              • Anonymous says:

                Quotations can easily be contradicted by alternative quotations. Here’s Churchill’s take on free trade:

                “The doc­trines that by keep­ing out for­eign goods more wealth, and con­se­quently more employ­ment, will be cre­ated at home, are either true or they are not true. We con­tend that they are not true. We con­tend that for a nation to try to tax itself into pros­per­ity is like a man stand­ing in a bucket and try­ing to lift him­self up by the han­dle.[1]:9
                From “Why I am a Free Trader” (1905), Churchill revised this several times, the earliest recorded version coming from the speech “For Free Trade” at the Free Trade Hall, Manchester, 19 Feb­ru­ary 1904:
                It is the the­ory of the Pro­tec­tion­ist that imports are an evil. He thinks that if you shut out the for­eign imported man­u­fac­tured goods you will make these goods your­selves, in addi­tion to the goods which you make now, includ­ing those goods which we make to exchange for the for­eign goods that come in. If a man can believe that he can believe any­thing. (Laugh­ter.) We Free-traders say it is not true. To think you can make a man richer by putting on a tax is like a man think­ing that he can stand in a bucket and lift him­self up by the han­dle. (Laugh­ter and cheers.) [2]:Vol.I: 261″

    4. true grit says:

      Yeah, US farmers are selling more soy beans and chicken feet.
      Meanwhile, industry after industry have been destroyed by Chinese
      cheap labor.The Lighting Industry, The Auto Parts Industry,
      The Furniture Industry,and on and on and on.
      China only buys raw material from us and sells us back finished products that we have to use credit cards to buy because we live “paycheck to paycheck” or have no job at all.
      We tried the stupid way of closing down our means of production
      and printing money out of thin air to lend to the underemployed
      so they could buy crap they don’t need from a communist enemy.
      I think it is a good thing someone finally has the balls to try something else. How about what worked!!!!!

    5. Maranatha says:

      The long term goal of the globalists is to destablize so oneworld government seems helpful and thus fulfill both Bible prophecy and Islamic prophecy. In Bible prophecy, this is the Antichrist. In Islam, this 12th Imam or Mahdi.

      They intentionally imploded American industry by using slave labor from China. But automation and robotics eliminates China and implodes them as well. Already that is happening there.

      It’s really curious because China could easily become powderkeg given the concentration of people and massive unemployment. My guess is the ghost cities and guaranted income will be pilot tested there as if government housing on a grand scale is attempted, the ghost cities is the easiest way.

      And perhaps the China temporarily switch to a true serf class by having the current proletariat switch as en masse agricultural workers like Stalin tried with worker camps (which caused massive famines). China would effectively kill of millions that they no longer want to feed.

      Automation and robotics is the ultimate goal for the globalist technocrats as the perfect slave emerges who never needs food or water or housing or security or goods or services.

      You see there really only 10,000 elites world-wide and they despise the billions of us.

      That’s the real Satanic enemy. They want a new age where billions die and they literally own the Earth and all resources and there are zero workers, just AI and robots.

      It’s a world without natural rights. It is the perfect realization of the Roman empire.

    6. Chunk says:

      Right now China needs the US market a lot more than we need their crappy products.

    7. The problem with products that are assembled from a lot of parts is that the parts are made in multiple companies. If a trade war or a shooting war breaks out, assembling anything becomes nearly impossible. Hopefully, the trade war won’t get to that level.

      China does have some interesting agricultural research going on in their Inner Mongolia region. They’re using a pasty material taken from the cell walls of plants to trap water in subsoil so that agricultural plants can grow in desert areas. It’s similar to Hugelkultur developed in Germany. Hugelkultur involves burying portions of a tree under a layer of soil. You then plant food-producing plants over the buried trees. As the buried trees break down, the food-producing plants absorb the water and nutrients through their roots. The Chinese paste would allow food growing in desert areas. The total area of deserts has been growing over the years and it is a global problem.

      • Maranatha says:

        Yes, it’s plausible. The Israelis used new agricultural techniques as well.

        But historically when deserts are irrigated and since they lack the clay and topsoil (which is where the rich decaying matter is found at the very top), then salt concentrates and ends up poisoning that region.

        It’s a very bad method for reclaiming the desert without the clay and humus being present plus adequate rainfall. There is no aquifer to drain to and so most of the water evaporates and that’s why so much trace kinds of various salts (not just sodium chloride) accumulate.

        It’s ultimately poisoning sabotage.

        On the hand, permaculture ideas, especially by the brilliant Sepp Holzer, like Hugelkultur create a sponge which acts as a reservoir/swale, and that releases the moisture back in minute amounts and so acts like an unusual drip irrigation system.

        It’s frankly surprising that it works because if you were to shread a tree through a wood chipper, it produces acid which alters the pH and lowering it. But since the tree is buried in very large logs that are unpeeled, since the tree naturally soaks up water by design, then a large volume of water drains to it whenever it rains, and then why dry, it releases the swale.

    8. hoser says:

      “we will survive your trade war”
      News flash: NO YOU WON’T

    9. Maranatha says:

      The Chinese are once again openly persecuting Christians and destroying churches. See Matthew 24.

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