Oxford Economics and Moody’s Analytics calculate that the U.S.-China trade war shaved 0.3 percent off growth — the equivalent of $65 billion — last year. And that is likely to grow to $85 billion in 2020, according to Gregory Daco of Oxford Economics, since this deal does not end the trade war. Tariffs will remain on nearly two-thirds of Chinese imports. Given all of this, economists say this trade conflict has been a net loss to the economy.

Posted by Uofa2 on 7/4/2020 2:07:00 PM (view original):

Posted by all3 on 7/4/2020 2:04:00 PM (view original):

Posted by Uofa2 on 7/4/2020 2:01:00 PM (view original):
Take the $250 billion in deals announced during Trump’s visit to China in November. Many of the agreements were nonbinding memorandums of understanding, and some had already been negotiated. And while they made a nice headline, they did nothing to address the fundamental problems that U.S. companies face in China: requirements to share technological trade secrets with Chinese partners in exchange for access to Chinese markets; restrictions on entering huge swathes of the economy; industrial policies that explicitly aim to oust foreign firms in fields ranging from information technology to electric vehicles.

And when were those requirements and restrictions put in place? (Seems like you just made my arguement instead of yours.)

Oh man, it’s almost like there should have been some type of agreement of trade plan with other countries in Asia to counteract China’s dominance. What could we call it though?

President Trump may have committed his biggest strategic blunder vis a vis China during his first full week in office, when, with a quick signature, he withdrew the United States from the Trans-Pacific Partnership trade deal, says top China expert Christopher Johnson.

"The TPP was the way to get China to address a lot of what we're now trying to get them to address with tariffs," said Johnson, who was for years a senior China analyst at the Central Intelligence Agency, and who now holds the Freeman Chair in China Studies at the Center for Strategic and International Studies.

"It may be the biggest strategic mistake the United States has ever made," he said.

In an interview with Intelligence Matters host and CBS senior national security contributor Michael Morell, Johnson said senior Chinese officials were actively discussing opening up market access when they learned Japan was serious about TPP. "And then it went away in a moment," he said. "And that's why they have not moved forward in the ensuing couple of years."

B-B-B-But Don the Con says we are getting"hundreds of billions" in tariffs from China(and tens of billions from Canada)

Yet he still takes from the treasury to pay-off farmers, and raids the military for his big, beautiful wall.

Posted by bronxcheer on 7/4/2020 2:15:00 PM (view original):
B-B-B-But Don the Con says we are getting"hundreds of billions" in tariffs from China(and tens of billions from Canada)

Yet he still takes from the treasury to pay-off farmers, and raids the military for his big, beautiful wall.

And businesses agreeing to China’s demands is the fault of former presidents....of course, when it happens to the NBA last year, then it’s their fault. It’s absurd the pretzel logic needed on this one. Really, on every one.

Conservatives don't actually understand economics. Their only logic is "if Daddy Trump says it, it must be true!"

"Tariffs must help the economy, because Orange Man Good!"

I call BS on that statement. Something like 80% of economics faculty at doctoral-level institutions identify as conservative. I'd say it's a fair guess those guys know a lot more about economics than your average liberal.

I'm not sure that's true.

https://www.forbes.com/sites/timworstall/2016/08/02/surprise-70-of-economists-support-hillary-not-trump-but-70-of-economists-are-democrats-anyway/#7b47b61a3fba

Maybe conservative like you, dahs, but not *Trump* conservative.

Posted by all3 on 7/4/2020 2:02:00 PM (view original):

Posted by wylie715 on 7/4/2020 1:42:00 PM (view original):

Posted by all3 on 7/4/2020 12:24:00 PM (view original):

Posted by laramiebob on 7/4/2020 11:41:00 AM (view original):
Millions of Bucks literally "up in smoke" in (mostly) false displays of Patriotism. The Chinese LOVE IT!
Stupid Americans!

China loves the thought of a Biden presidency a lot more. They've got their pants half-way down already, in anticipation of Biden continuing to kiss their azz. Wonder how many more jobs he'll send over there if elected. Stupid Americans!

so? Even if it is true, how is that different from your boy, Donald? He kisses Russia's *** along with North Korea and probably China too.

That last sentence prooves you're obviously not interested in facts.

I guess that makes two of us.

Posted by Uofa2 on 7/4/2020 2:15:00 PM (view original):

Posted by Uofa2 on 7/4/2020 2:07:00 PM (view original):

Posted by all3 on 7/4/2020 2:04:00 PM (view original):

Posted by Uofa2 on 7/4/2020 2:01:00 PM (view original):
Take the $250 billion in deals announced during Trump’s visit to China in November. Many of the agreements were nonbinding memorandums of understanding, and some had already been negotiated. And while they made a nice headline, they did nothing to address the fundamental problems that U.S. companies face in China: requirements to share technological trade secrets with Chinese partners in exchange for access to Chinese markets; restrictions on entering huge swathes of the economy; industrial policies that explicitly aim to oust foreign firms in fields ranging from information technology to electric vehicles.

And when were those requirements and restrictions put in place? (Seems like you just made my arguement instead of yours.)

Oh man, it’s almost like there should have been some type of agreement of trade plan with other countries in Asia to counteract China’s dominance. What could we call it though?

President Trump may have committed his biggest strategic blunder vis a vis China during his first full week in office, when, with a quick signature, he withdrew the United States from the Trans-Pacific Partnership trade deal, says top China expert Christopher Johnson.

"The TPP was the way to get China to address a lot of what we're now trying to get them to address with tariffs," said Johnson, who was for years a senior China analyst at the Central Intelligence Agency, and who now holds the Freeman Chair in China Studies at the Center for Strategic and International Studies.

"It may be the biggest strategic mistake the United States has ever made," he said.

In an interview with Intelligence Matters host and CBS senior national security contributor Michael Morell, Johnson said senior Chinese officials were actively discussing opening up market access when they learned Japan was serious about TPP. "And then it went away in a moment," he said. "And that's why they have not moved forward in the ensuing couple of years."

as far as all3 is concerned, that is all fake news, lies or Trump hatred, Haven't you figured that out yet?

Posted by tangplay on 7/4/2020 6:37:00 PM (view original):
I'm not sure that's true.

https://www.forbes.com/sites/timworstall/2016/08/02/surprise-70-of-economists-support-hillary-not-trump-but-70-of-economists-are-democrats-anyway/#7b47b61a3fba

Maybe conservative like you, dahs, but not *Trump* conservative.

Yeah, this is a key distinction. Conservativism is no longer the George Bushs and Wills or even Reagans.

Posted by Uofa2 on 7/4/2020 8:22:00 PM (view original):

Posted by tangplay on 7/4/2020 6:37:00 PM (view original):
I'm not sure that's true.

https://www.forbes.com/sites/timworstall/2016/08/02/surprise-70-of-economists-support-hillary-not-trump-but-70-of-economists-are-democrats-anyway/#7b47b61a3fba

Maybe conservative like you, dahs, but not *Trump* conservative.

Yeah, this is a key distinction. Conservativism is no longer the George Bushs and Wills or even Reagans.

I feel like my particular brand of conservatism is a modern take on Goldwater.

Posted by dahsdebater on 7/4/2020 10:24:00 PM (view original):

Posted by Uofa2 on 7/4/2020 8:22:00 PM (view original):

Posted by tangplay on 7/4/2020 6:37:00 PM (view original):
I'm not sure that's true.

https://www.forbes.com/sites/timworstall/2016/08/02/surprise-70-of-economists-support-hillary-not-trump-but-70-of-economists-are-democrats-anyway/#7b47b61a3fba

Maybe conservative like you, dahs, but not *Trump* conservative.

Yeah, this is a key distinction. Conservativism is no longer the George Bushs and Wills or even Reagans.

I feel like my particular brand of conservatism is a modern take on Goldwater.

I was raised a Goldwater conservative, grandpa ran for mayor twice under those principles. I understand them. I agree with them, to a point.

And they are nowhere to be found in the modern conservative GOP.

https://twitter.com/RadioFreeTom/status/1279536145903345665

Posted by Uofa2 on 7/5/2020 1:18:00 AM (view original):

Posted by dahsdebater on 7/4/2020 10:24:00 PM (view original):

Posted by Uofa2 on 7/4/2020 8:22:00 PM (view original):

Posted by tangplay on 7/4/2020 6:37:00 PM (view original):
I'm not sure that's true.

https://www.forbes.com/sites/timworstall/2016/08/02/surprise-70-of-economists-support-hillary-not-trump-but-70-of-economists-are-democrats-anyway/#7b47b61a3fba

Maybe conservative like you, dahs, but not *Trump* conservative.

Yeah, this is a key distinction. Conservativism is no longer the George Bushs and Wills or even Reagans.

I feel like my particular brand of conservatism is a modern take on Goldwater.

I was raised a Goldwater conservative, grandpa ran for mayor twice under those principles. I understand them. I agree with them, to a point.

And they are nowhere to be found in the modern conservative GOP.

Certainly agree 100% with that, but aren't even the current GOP principals a LOT closer than the current Democratic ones?
What would the Goldwater and the like have thought about some of the current Dem. ideas?

Keep putting words in people's mouths and making assumptions about them wylie, it really makes you look like a "genius".