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SouthBayDem

(32,594 posts) Mon Apr 21, 2025, 01:13 AM Monday

China warns nations against 'appeasing' US in trade deals

Source: BBC

China has warned countries against appeasing the US in trade talks over President Donald Trump's tariffs.

A Chinese commerce ministry spokesperson made the comments in response to reports that Washington plans to put pressure on governments to restrict trade with Beijing in exchange for exemptions to US import taxes.

The Trump administration has started talks with trading partners over tariffs, with a Japanese delegation visiting Washington last week and South Korea is set to start negotiations this week.

Since returning to the White House in January, Trump has imposed hefty tariffs on Chinese imports, while other countries have also been hit with levies on their goods.

Read more: https://www.bbc.com/news/articles/cx2708dl9n1o

11 replies

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Highlight:

China warns nations against 'appeasing' US in trade deals (Original Post) SouthBayDem Monday OP

How come Trump hasn't cut any deals yet? SunSeeker Monday #1

Dollar keeps dropping WSHazel Monday #2

All part of the plan Hornedfrog2000 Monday #7

There doesn't need to be a reserve currency WSHazel Monday #9

China has already returned and canceled Boeing aircraft they just JohnSJ Monday #3

Anericans better start preparing to be poorer. Pay bills, save money. OrlandoDem2 Monday #4

trump just may be giving China more respect in the world. C Moon Monday #5

Smart strategic move by China moniss Monday #6

We are handing China our position of primacy in the world. We keep proving every day we are too stupid to hold it. Scrivener7 Monday #8

the orange asshole, as always, is in way over his head. Javaman Monday #10

What? The stable genius who attended the Wharton School of Economics is in over his head? wnylib Monday #11

SunSeeker

(55,496 posts)

1. How come Trump hasn't cut any deals yet?

Reply to SouthBayDem (Original post)

Mon Apr 21, 2025, 01:28 AM

Monday

Last edited Mon Apr 21, 2025, 02:51 AM - Edit history (1)

Seems like countries are playing hardball, and aren't the marks Trump expected them to be.

WSHazel

(341 posts)

2. Dollar keeps dropping

Reply to SouthBayDem (Original post)

Mon Apr 21, 2025, 01:50 AM

Monday

The markets do not seem to be buying these tariffs talks. They seem to think that the world is bailing on the U.S. dollar, in which case the U.S. market is losing value by the minute as a destination for foreign goods.

The dollar is down 13% against the Euro and about 7% against the Yen since January. That is effectively already a tariff on goods from those two markets.

Hornedfrog2000

(121 posts)

7. All part of the plan

Reply to WSHazel (Reply #2)

Mon Apr 21, 2025, 03:45 AM

Monday

This is why russia and china have been hoarding gold. Then when the time is right, come out with a new currency to challenge the dollar.

WSHazel

(341 posts)

9. There doesn't need to be a reserve currency

Reply to Hornedfrog2000 (Reply #7)

Mon Apr 21, 2025, 07:44 AM

Monday

The world needed a reserve currency in the prior centuries when trade occurred over months and settlement was risky and complicated, and even in the 20th century since the world was rebuilding from back to back world wars. In a world with instant, computerized settlement, a reserve currency became a modest convenience, not a necessity, for world trade.

The status of the dollar as the reserve currency was hugely beneficial for most Americans, artificially inflating our purchasing power, and making the U.S. a great destination for investment. This Administration took care of that.

JohnSJ

(98,457 posts)

3. China has already returned and canceled Boeing aircraft they just

Reply to SouthBayDem (Original post)

Mon Apr 21, 2025, 01:52 AM

Monday

ordered, are setting up contracts with Australia and other countries to by their produce and products.

Those US farmers are deservingly fucked, and they voted for him.

OrlandoDem2

(2,750 posts)

4. Anericans better start preparing to be poorer. Pay bills, save money.

Reply to SouthBayDem (Original post)

Mon Apr 21, 2025, 02:11 AM

Monday

It’s about to get very very ugly with the dollar and the bond market weakening.

The rest of the world is giving a middle finger to America because of the Republican Party.

C Moon

(12,803 posts)

5. trump just may be giving China more respect in the world.

Reply to SouthBayDem (Original post)

Mon Apr 21, 2025, 03:02 AM

Monday

moniss

(7,093 posts)

6. Smart strategic move by China

Reply to SouthBayDem (Original post)

Mon Apr 21, 2025, 03:24 AM

Monday

"reminding" other countries about how much some of their economy relies upon China.

Scrivener7

(55,434 posts)

8. We are handing China our position of primacy in the world. We keep proving every day we are too stupid to hold it.

Reply to SouthBayDem (Original post)

Mon Apr 21, 2025, 07:21 AM

Monday

Javaman

(63,652 posts)

10. the orange asshole, as always, is in way over his head.

Reply to SouthBayDem (Original post)

Mon Apr 21, 2025, 07:48 AM

Monday

we are sooooo fucked.

wnylib

(25,238 posts)

11. What? The stable genius who attended the Wharton School of Economics is in over his head?

Reply to Javaman (Reply #10)

Mon Apr 21, 2025, 01:25 PM

Monday

Who knew? Please say it ain't so.

Just because he went bankrupt 7 times and lost money running casinos, doesn't mean he's over his head with worldwide tariffs, tanking stock markets, declining dollar values, and trying to get rid of the head of the Federal Reserve. It's just that he's such a genius that the rest of us can't follow his brilliant decisions.

I imagine that the corporations, who disliked Biden's and then Harris' economic ideas are quite pleased with the current financial genius that they helped get into the White House. Best investment in politics that they ever made, right?

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