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Thread: Prepare for difficult times, China's Xi urges as trade war simmers

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    Prepare for difficult times, China's Xi urges as trade war simmers

    Prepare for difficult times, China's Xi urges as trade war simmers

    BEIJING/WASHINGTON (Reuters) - China must prepare for difficult times as the international situation is increasingly complex, President Xi Jinping said in comments carried by state media on Wednesday, as the U.S.-China trade war took a mounting toll on tech giant Huawei.

    The world’s two largest economies have escalated tariff increases on each other’s imports after talks broke down to resolve their dispute, and the acrimony has intensified since Washington last week blacklisted Chinese telecom equipment company Huawei Technologies Co Ltd.

    The listing, which curbs Huawei’s access to U.S.-made components, is a potentially devastating blow for the company that has rattled technology supply chains and investors, and saw several mobile carriers on Wednesday delay the launch of new Huawei smartphone handsets.

    During a three-day trip this week to the southern province of Jiangxi, a cradle of China’s Communist revolution, Xi urged people to learn the lessons of the hardships of the past.
    Knocking off a giant corporation is some serious collateral damage. That's not gonna be forgotten any time soon.

    Priebus recalled that McGahn said that the President had asked him to "do crazy shit," but he thought McGahn did not tell him the specifics of the President's request because McGahn was trying to protect Priebus from what he did not need to know.

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    Quote Originally Posted by Norm dePlume View Post
    Knocking off a giant corporation is some serious collateral damage. That's not gonna be forgotten any time soon.
    Who cares. They have been kicking us in the teeth for years. Maybe we shouldn't let them forget that either.

    Mark
    Race Card: A tool of the intellectually weak and lazy when they cannot counter a logical argument or factual data.

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    Quote Originally Posted by 80zephyr View Post
    Who cares. They have been kicking us in the teeth for years. Maybe we shouldn't let them forget that either.

    Mark
    Remember when the line was "they need us more than we need them"? At first, the belief was that they would fold easily. And when they didn't fold, the stakes were raised. And when they didn't fold, the stakes were raised again.

    Priebus recalled that McGahn said that the President had asked him to "do crazy shit," but he thought McGahn did not tell him the specifics of the President's request because McGahn was trying to protect Priebus from what he did not need to know.

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    Quote Originally Posted by Norm dePlume View Post
    Remember when the line was "they need us more than we need them"? At first, the belief was that they would fold easily. And when they didn't fold, the stakes were raised. And when they didn't fold, the stakes were raised again.
    They do need us more than we need them. Your link is evidence of that. If they want to cut their nose off to spite their face, I say let them.

    Mark
    Race Card: A tool of the intellectually weak and lazy when they cannot counter a logical argument or factual data.

    "Liberals have to stop insisting that the world is what they want it to be instead of the way it is." - Bill Maher

    Political correctness is ideological fascism. It’s the antithesis of freedom. Dr. Piper

    Gender is not a "Social Construct", it is an outgrowth of biological reality.

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    Huawei's products have never been allowed into the United States, primarily because the phones include spyware in the firmware of the devices. Refusing to sell them any components does not hurt us in any measurable way, but it puts a pretty serious crimp into China's production capabilities, not to mention their domestic spying capabilities.

    I'm failing to see a downside for us here.
    Leftists have unquestionably demonstrated their hatred for due process, and Democrats have undeniably obstructed justice for, and thoroughly victim-shamed and smeared, Karen Monahan.

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    Quote Originally Posted by Adam View Post
    Huawei's products have never been allowed into the United States, primarily because the phones include spyware in the firmware of the devices. Refusing to sell them any components does not hurt us in any measurable way, but it puts a pretty serious crimp into China's production capabilities, not to mention their domestic spying capabilities.

    I'm failing to see a downside for us here.
    I'm not surprised at what you fail to see.

    Nike, Converse, Adidas among 170 shoe retailers warning Trump against trade war with China
    Last edited by Norm dePlume; Wednesday, May 22nd, 2019 at 1:48 PM.

    Priebus recalled that McGahn said that the President had asked him to "do crazy shit," but he thought McGahn did not tell him the specifics of the President's request because McGahn was trying to protect Priebus from what he did not need to know.

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    Quote Originally Posted by Adam View Post
    Huawei's products have never been allowed into the United States
    I don't believe that's true.

    Microsoft Just Yanked Huawei Laptops From Its Online Store

    https://www.frys.com/product/9572182

    https://www.amazon.com/ELE-L29-Facto.../dp/B07Q2X19LG

    Priebus recalled that McGahn said that the President had asked him to "do crazy shit," but he thought McGahn did not tell him the specifics of the President's request because McGahn was trying to protect Priebus from what he did not need to know.

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    Quote Originally Posted by Norm dePlume View Post
    Yeah, care-o-meter is pretty much pegged at negative infinity for people who make shoes with slave labor at about $1.48 in manufacturing and shipping costs selling those shoes for $300 in the United States. They can readily take their operations elsewhere or, *gasp* perhaps even make them here.


    I'm still not a fan of tariffs, but I recognize that they are being used as a tool to bring China into compliance with worldwide standards of commerce, not as a means to raise revenue. We can still stand it a lot more than they can.

    We already had tariffs on Chinese goods, and they already had much higher tariffs on American goods, long before Trump came along, and you were just fine with it then. But because you have been taught by your handlers to hate the bad orange man, you are suddenly all bent out of shape about it now because that's what you're told to do.
    Leftists have unquestionably demonstrated their hatred for due process, and Democrats have undeniably obstructed justice for, and thoroughly victim-shamed and smeared, Karen Monahan.

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    My mistake. They have been blocked from entering the US telecom market writ large, but not barred from selling actual devices here in the past. Still, I don't see the downside to not letting them sell their spyware-filled crap here.
    Leftists have unquestionably demonstrated their hatred for due process, and Democrats have undeniably obstructed justice for, and thoroughly victim-shamed and smeared, Karen Monahan.

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    Flashback from a year ago:

    Trump vows to reopen smartphone giant ZTE to save Chinese jobs




    The spyware issue wasn't any different then. This is just a bargaining chip in his trade war. If China offered up a concession on tariffs, Huawei would be back in good graces lickity-split, security issues be damned.

    Priebus recalled that McGahn said that the President had asked him to "do crazy shit," but he thought McGahn did not tell him the specifics of the President's request because McGahn was trying to protect Priebus from what he did not need to know.

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