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senseandsensibility

(24,205 posts)
Fri Apr 11, 2025, 02:08 PM Apr 2025

China's out

Last edited Fri Apr 11, 2025, 03:09 PM - Edit history (1)

Xi just stated that he's not going to engage in any more tit for tat tariffs. He also said that American goods are no longer "viable" for his country.

So trump has single handedly lost a huge market for American farmers. Gone.

This of course flies in the face of trump's happy talk of making a "deal" with China. They're sick of this crap and not going to take it anymore.

To those asking for a link it was at the beginning of Katy Tur's show on MSNBC. Apparently, the substitute for Tur was referring to a Wall Street Journal article with the headline "The U.S. and China are Going to Economic War-- and Everyone will Suffer". She then added that Chinese officials added in statement that after this they are done going tit for tat, and then quoted an NBC News article in which the Chinese ministry said "Given that, at the current tariff level, U.S. exports to China are no longer commercially viable," and "China will not respond to any further tariff hikes..."

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China's out (Original Post) senseandsensibility Apr 2025 OP
smart creon Apr 2025 #1
Yes, he definitely is PatSeg Apr 2025 #49
He would be out of his league at a kindergarten. Dave Bowman Apr 2025 #68
Ha, ha, ha. Yeah, that's true. PatSeg Apr 2025 #86
Kindergarten was probably where this obnoxious behavior started. nature-lover Apr 2025 #98
And if Trump annoys Xi enough, Xi can cash in China's holdings of US debt. Lonestarblue Apr 2025 #69
Yes, both Xi and Putin know that PatSeg Apr 2025 #92
He's like that kid in the Twilight Zone episode. CanonRay Apr 2025 #110
"It's a Good Life", with a very young Billy Mumy RazorbackExpat Apr 2025 #122
It's the steady drip Gordcanuck Apr 2025 #135
7-dimension chess vs golf game IzzaNuDay Apr 2025 #83
It is also a big win for China, Europe is now making nice with them. Irish_Dem Apr 2025 #2
That is the H2O Man Apr 2025 #25
Yep, trump screwed American farmers for sure with his bullying stupidity. brush Apr 2025 #42
Now farmers BonnieJW Apr 2025 #64
But not before he spends a fortune trying to bail them out. nature-lover Apr 2025 #97
Fill in the blank! BidenRocks Apr 2025 #111
Yeah, it's trump's overblown opinion of himself slightlv Apr 2025 #65
"he's the king of the world" Dave Bowman Apr 2025 #70
Yes. The reckoning is coming. brush Apr 2025 #74
And, unfortunately, for the time being, we.... reACTIONary Apr 2025 #76
Not just farmers getting screwed WestMichRad Apr 2025 #73
Yeah, prices are gonna soar. A guest on Nicole Wallace's show today... brush Apr 2025 #79
China is often sole source for many chemicals IbogaProject Apr 2025 #117
Yep and GusBob Apr 2025 #27
Exactly. Irish_Dem Apr 2025 #34
So maybe this is what Xi and Putin planned all along krkaufman Apr 2025 #91
Yes seems fairly obvious doesn't it? Irish_Dem Apr 2025 #94
Very good synopsis senseandsensibility Apr 2025 #99
Yes dramatically changing the global economy. Irish_Dem Apr 2025 #101
China is also filling the gap left by the desertion of USAID in poorer nations. Midnight Writer Apr 2025 #132
Exactly. The plan all along. Irish_Dem Apr 2025 #133
Trump has made enemies of friends, and aggravated enemies. Swede Apr 2025 #3
AmeriKKKa First,... magicarpet Apr 2025 #37
They are so stupidly arrogant, they think they own the world!! Justice matters. Apr 2025 #45
When their wal-marts run out of made in China, it will hit them. then comes the blame Biden game. GreenWave Apr 2025 #88
Now that's winning! RainCaster Apr 2025 #4
I assume this means China will be buying their airplanes from Airbus, and JohnSJ Apr 2025 #5
China and other trading partners could easily destroy Boeing thought crime Apr 2025 #9
I fear the rest of the world will eventually have to do the same. sop Apr 2025 #6
Does that mean that China is no longer buying anything from us? PoindexterOglethorpe Apr 2025 #7
Yes this is what it sounds like Xi is saying. Irish_Dem Apr 2025 #14
Seattle ? LetsGetSmartAboutIt Apr 2025 #35
Somewhere even darker than that. :( Irish_Dem Apr 2025 #47
And Katcat Apr 2025 #93
Seattle has so many nice coffee shops. Irish_Dem Apr 2025 #95
Not really. LisaM Apr 2025 #126
Wow that is too bad. Irish_Dem Apr 2025 #127
Yeah, Starbucks gobbled up some of them. LisaM Apr 2025 #128
It was an odd energy I thought. Irish_Dem Apr 2025 #131
It was the intersection of the last of the logging and fishing days LisaM Apr 2025 #136
Yes Irish_Dem Apr 2025 #137
There isn't a new bookstore in the whole downtown core. LisaM Apr 2025 #142
I think it is the same everywhere. Irish_Dem Apr 2025 #143
Definitely Tacoma then ...... nt kelly1mm Apr 2025 #109
OMG senseandsensibility Apr 2025 #100
Basically the import tariff on American goods of any kind is now so moniss Apr 2025 #19
Americans are going to be forced by the Trumpernment to eat tons of tofu now. BamaRefugee Apr 2025 #8
Oh my! wolfie001 Apr 2025 #40
No thank you. PoindexterOglethorpe Apr 2025 #57
And China can do much more damage than the idiot realizes. Norbert Apr 2025 #10
I think the problem there is that Canada relies on the US via pipelines to do the refining of the oil erronis Apr 2025 #46
Read this article about the quiet power move Canada's PM made that pushed Trump to "pause". InstantGratification Apr 2025 #48
The Canadian PM malaise Apr 2025 #55
He also was governor of Bank Of ENgland for 8 years. Lots of international businedd connections. Amaryllis Apr 2025 #67
Supposedly Navarro has a PhD in Economics from Harvard. InstantGratification Apr 2025 #112
Thanks so much for bringing up this story MrsCheaplaugh Apr 2025 #116
Trump will have to kiss Xi's ass and eat a lot of crow C_U_L8R Apr 2025 #11
It sadden me for the sake of the agriculture and businesses that worked with them, Baitball Blogger Apr 2025 #12
Almost 80% of people in agricultural counties voted for Trump Mysterian Apr 2025 #32
But we'll bail them out. mobeau69 Apr 2025 #58
Yep progressoid Apr 2025 #61
Yes, here in WI the northern rural counties are red as is most of the state, but the votes are close.n/t elocs Apr 2025 #106
It would be much more useful Akakoji Apr 2025 #120
ukraine should make a deal with China to replace the USA farm products lapfog_1 Apr 2025 #13
THIS!!!!! BurnDoubt Apr 2025 #90
Per CNN... DET Apr 2025 #15
Is this a paraphrase of something trump said senseandsensibility Apr 2025 #22
Headline on CNN DET Apr 2025 #33
Trump? Gracious? Not in this lifetime. nt Buns_of_Fire Apr 2025 #38
"Face" is very important to just about all the Asian people. LiberalArkie Apr 2025 #60
True. Most Americans don't understand just how important. CaptainTruth Apr 2025 #84
... orangecrush Apr 2025 #63
Intentional stupidity Iamscrewed Apr 2025 #16
Do you have a link? I can't find anything. -nt CrispyQ Apr 2025 #17
It was on what I believe is Katy Tur's hour on MSNBC senseandsensibility Apr 2025 #23
Not The OP, But... ProfessorGAC Apr 2025 #29
This message was self-deleted by its author Gaugamela Apr 2025 #18
The felon thinks he can jerk people and countries around with no consequences. StarryNite Apr 2025 #20
I can't find anything online about Xi's most recent comments Native Apr 2025 #21
This message was self-deleted by its author Gaugamela Apr 2025 #24
Link? i dont trust without a source. Amaryllis Apr 2025 #26
Here's a link to Barton's 1 hr ago surfered Apr 2025 #28
I could see it, but the link cuts it off on posting. Here's the jist. surfered Apr 2025 #30
How can they justify a "beautiful tax cut" and also a huge subsidy for American farmers... walkingman Apr 2025 #31
they can't, and they don't care to try. Native Apr 2025 #36
What's the best way to deal with an idiot? It could well be to eliminate any dependencies that you have on him ... Jim__ Apr 2025 #39
All of Dump's bluff's and bluster are just a lot of hot air in the end. Unfortunately, the consequences for our Martin68 Apr 2025 #41
tRUMP will backtrack wolfie001 Apr 2025 #43
Xi doesn't sound very 同心协力 about Trump's efforts. Ping Tung Apr 2025 #44
I had a strange theory that these tariffs could lead to an expansive underground, black market economy. Balatro Apr 2025 #50
Welcome to DU malaise Apr 2025 #78
It will. Xolodno Apr 2025 #96
Welcome to the DU Balatro! CountAllVotes Apr 2025 #102
Welcome to DU LetMyPeopleVote Apr 2025 #144
Welcome to DU LetMyPeopleVote Apr 2025 #145
IOW, China has lots of sources for soybeans. The US has no other sources for most of the chips we need. Bluetus Apr 2025 #51
Satire enid602 Apr 2025 #52
Saw that coming. It's really the only thing they could do. Scrivener7 Apr 2025 #53
Game is right senseandsensibility Apr 2025 #89
China has sued the US at the malaise Apr 2025 #54
Causing an Asian leader to lose face by capitulating in Trump's tariff war isn't going to happen. patphil Apr 2025 #56
Trump fucked with the wrong marine. LOL mobeau69 Apr 2025 #62
Wow. CHINA MFA Spokesperson: "Give the bully an inch, he will take a mile." vanessa_ca Apr 2025 #59
Bottom line: we won't even pick up the phone until crazy guy is geschwinkto. Girard442 Apr 2025 #66
They're sick of this crap, and .... reACTIONary Apr 2025 #71
Frightening times for sure. spanone Apr 2025 #72
Omg Demovictory9 Apr 2025 #75
All this and our federal workers getting layed off. In every dept. FloridaBlues Apr 2025 #77
And they control the lions share of medium and heavy rare earths Sailingdiver Apr 2025 #80
With US tariffs threatening the rest of the world, China probably sees a way to get into wiggs Apr 2025 #81
Trump's bluffing and has 40 or 50 "tells" usonian Apr 2025 #82
Oh who cares? mountain grammy Apr 2025 #85
So, are eggs cheaper now...or, no? Seems eggs should be cheaper by now. flvegan Apr 2025 #87
Nope senseandsensibility Apr 2025 #104
780,000,000,000 pbmus Apr 2025 #103
republicans own this vapor2 Apr 2025 #105
Hey MAGA farmers, sucks to be you Hassler Apr 2025 #107
He did that to the Soybean farmers in his first term DENVERPOPS Apr 2025 #114
Trump just cratered a huge part of the farming industry Javaman Apr 2025 #108
Guess, the art of the deal, didn't go over to well. republianmushroom Apr 2025 #113
Must have more refrrence Akakoji Apr 2025 #115
The Chinese people can tolerate way more economic pain than Americans AdamGG Apr 2025 #118
Standing up to a bully is the only way to avoid further demands. Aussie105 Apr 2025 #119
Cutting off economic and trade ties with U.S. is VERY bad news for Taiwan and their allies. pat_k Apr 2025 #121
G.O.P. Felon-in-Chief has totally screwed America BoRaGard Apr 2025 #123
Fuckhead47's KKKultists are 100% certain to praise this as a victory Orrex Apr 2025 #124
They should seize Ivanka's China-based holdings. Orrex Apr 2025 #125
At some point a Democrat will offer a conciliatory gesture to China Orrex Apr 2025 #130
There are plenty Littlered Apr 2025 #129
So you're cool with tRUMP and his insane policies? wolfie001 Apr 2025 #140
My post had nothing Littlered Apr 2025 #141
Monday's opening is going to be brutal! May as well go to the casino. nt Jit423 Apr 2025 #134
Xi is essentially embargoing American goods. Historic NY Apr 2025 #138
It's time for Rubio and Co. to 25th this clown. Turbineguy Apr 2025 #139

PatSeg

(51,966 posts)
86. Ha, ha, ha. Yeah, that's true.
Fri Apr 11, 2025, 04:46 PM
Apr 2025

That makes it even more scary that such person could have attained so much power. Says more about his followers than it does about him I suppose.

Lonestarblue

(13,195 posts)
69. And if Trump annoys Xi enough, Xi can cash in China's holdings of US debt.
Fri Apr 11, 2025, 03:59 PM
Apr 2025

China is the largest foreign debt holder. I doubt he would cash their bonds because it would also have global economic impacts, but Trump is such an ignoramus that he is just completely economically clueless. It’s all about his ego and sole power to raise markets one day and crash them the next. Most foreign investors will just wash their hands of US investments.

PatSeg

(51,966 posts)
92. Yes, both Xi and Putin know that
Fri Apr 11, 2025, 04:56 PM
Apr 2025

Trump knows nothing about economics and doesn't have the good sense to consult people who are experts. Just imagine how all powerful he must feel right now, far more so than in his first term. He does or says anything and the whole world reacts. He is like some maniacal villain in a children's cartoon.

I think he must be having the best time of his entire life, plus he can golf whenever he wants on the taxpayer's dime. No one dare oppose him or he'll wave his magic wand and destroy them. It is probably more power than he could have ever dreamed of.

Gordcanuck

(148 posts)
135. It's the steady drip
Sat Apr 12, 2025, 09:15 AM
Apr 2025

on cashing in, more like what Carney gave notice of. In fact it isn’t even reported that poking the dragon was necessary. Look for the sign of China calling for (and then activating) a debt currency change.
Stand back for “interesting times”.

Irish_Dem

(79,371 posts)
2. It is also a big win for China, Europe is now making nice with them.
Fri Apr 11, 2025, 02:14 PM
Apr 2025

They are cutting deals now.

When just a few months ago Europe was going to wage a huge war on China's dumping
of merchandise in Europe.

Trump is a gd idiot.

Xi is playing the long game.

 

brush

(61,033 posts)
42. Yep, trump screwed American farmers for sure with his bullying stupidity.
Fri Apr 11, 2025, 03:18 PM
Apr 2025

He seems to think he can just throw his weight around like he's the king of the world and everyone must obey or be punished with outrageous tariffs.

Xi just told him to fuck off as China will get agricultural imports from other nations. And that also means all the goods we import from China...that stream has dried up. No more electronics, household goods, auto parts. Forget it.

trump has really blown it now. Wonder how his spokespersons will try to spin this bad news in press conferences?

BonnieJW

(3,077 posts)
64. Now farmers
Fri Apr 11, 2025, 03:53 PM
Apr 2025

Will be forced to sell their family farms to big agri, where animals will live and die in horrifying conditions.

BidenRocks

(2,696 posts)
111. Fill in the blank!
Fri Apr 11, 2025, 07:32 PM
Apr 2025

American farmers overwhelmingly supported ___________ in the last election.
Nice farm ya had there. Shame something happened and ya lost it.
It's Biden's fault you know!

slightlv

(7,396 posts)
65. Yeah, it's trump's overblown opinion of himself
Fri Apr 11, 2025, 03:53 PM
Apr 2025

that's gonna get us all killed. He can't come down to earth and see and hear what is truly reality. He has to live in this make believe world where he's the most genius of all geniuses. The only way to deal with him is to not deal with him on any level. Xi recognizes this, and so do most, if not all, of the other countries. China could come close to burying us, economically, if they really want to do that. And I wouldn't blame them at all. In fact, it could be construed as "saving face" an idea that's most important to them. Other than certain South Africans, I don't think there's a single person in the world with common sense who've not been insulted and demeaned by trump... and no one worse than we Americans, ourselves.

WestMichRad

(2,886 posts)
73. Not just farmers getting screwed
Fri Apr 11, 2025, 04:09 PM
Apr 2025

There will be shortages of consumer goods across the board, since China produces SO MUCH stuff that we need and use on a daily basis. Everybody is gonna suffer from this.

 

brush

(61,033 posts)
79. Yeah, prices are gonna soar. A guest on Nicole Wallace's show today...
Fri Apr 11, 2025, 04:16 PM
Apr 2025

just talked agout a third of the shoes worn in this country come from China. Kids shoes that were $26 bucks will now cost $41.00.

Xi may have decided to disengage from the tit-for-tat tariff war, but trump's tariffs on Chinese goods still exists.

Everybody's gonna get his with price increases. And it's going to happen very quickly.

IbogaProject

(5,564 posts)
117. China is often sole source for many chemicals
Fri Apr 11, 2025, 10:18 PM
Apr 2025

Vitamin C, some generic over the counter active ingredients, maybe some food additives are cornered by China. This is going to really cause problems. The last two big tariff wars were 1930 and 1828 both lead to wide spread negative economic impacts to put it mildly. Last two both the "conservatives", GOP 1930 w some Dems, and 1828 The Tariff of Abominations was passed. https://en.wikipedia.org/wiki/Tariff_of_Abominations

The Tariff_of_Abominations was literally a political contrivance that was supposed to be so awful as not pass and be campaign fodder. It passed and took years to repeal and lead to Andrew Jackson slithering in.

Irish_Dem

(79,371 posts)
34. Exactly.
Fri Apr 11, 2025, 03:10 PM
Apr 2025

China is doing really well off of the crisis.
And they are positioning the Yuan to be the global currency as the dollar craters.

krkaufman

(13,957 posts)
91. So maybe this is what Xi and Putin planned all along
Fri Apr 11, 2025, 04:54 PM
Apr 2025

… and Trump dutifully did as he was told. (Makes as much sense as anything else.)

senseandsensibility

(24,205 posts)
99. Very good synopsis
Fri Apr 11, 2025, 05:41 PM
Apr 2025

about how dangerous all of this is. And the administration doesn't seem to have a clue.

Midnight Writer

(25,120 posts)
132. China is also filling the gap left by the desertion of USAID in poorer nations.
Sat Apr 12, 2025, 08:48 AM
Apr 2025

They are willing to spend money on humanitarian aid to secure the friendship and loyalty of struggling countries.

Who would you be allies with? The country that says screw you, the welfare of your people is not worth us spending a pittance to help you? Or the country that helps with food, medicine, doctors, engineers, construction?

Swede

(38,198 posts)
3. Trump has made enemies of friends, and aggravated enemies.
Fri Apr 11, 2025, 02:16 PM
Apr 2025

This Island America thing is gonna be a mess.

magicarpet

(18,456 posts)
37. AmeriKKKa First,...
Fri Apr 11, 2025, 03:13 PM
Apr 2025

.... because everyone knows we are really last,.... except in the minds of MAGA.

Justice matters.

(9,281 posts)
45. They are so stupidly arrogant, they think they own the world!!
Fri Apr 11, 2025, 03:23 PM
Apr 2025

All the while the truth is they are a bunch of idiots being led by billionnaire con artists!

For them, a billionaire making $2.5 Billion more in one day off of small investors losing their retirement money is perfectly ok!!

GreenWave

(12,211 posts)
88. When their wal-marts run out of made in China, it will hit them. then comes the blame Biden game.
Fri Apr 11, 2025, 04:49 PM
Apr 2025

RainCaster

(13,367 posts)
4. Now that's winning!
Fri Apr 11, 2025, 02:19 PM
Apr 2025

No longer will we have to worry about sending anything to China. All those ships in our ports won't be plugging up marine traffic any longer.

 

JohnSJ

(98,883 posts)
5. I assume this means China will be buying their airplanes from Airbus, and
Fri Apr 11, 2025, 02:21 PM
Apr 2025

Boeing will lose a significant business.

thought crime

(1,145 posts)
9. China and other trading partners could easily destroy Boeing
Fri Apr 11, 2025, 02:26 PM
Apr 2025

Meanwhile, Trump is destroying Apple, etc.

Irish_Dem

(79,371 posts)
14. Yes this is what it sounds like Xi is saying.
Fri Apr 11, 2025, 02:37 PM
Apr 2025

Telling Trump to take US products and shove them where the sun don't shine.

LisaM

(29,465 posts)
126. Not really.
Sat Apr 12, 2025, 06:39 AM
Apr 2025

Seattle used to have a lot of nice coffee shops (and carts) but those days seem long gone.

Irish_Dem

(79,371 posts)
127. Wow that is too bad.
Sat Apr 12, 2025, 06:49 AM
Apr 2025

I visited Seattle some time ago and there was a coffee shop on every corner it seemed like.
This is before the proliferation of coffee shops across the country.
So it was amazing.

LisaM

(29,465 posts)
128. Yeah, Starbucks gobbled up some of them.
Sat Apr 12, 2025, 06:52 AM
Apr 2025

I haven't seen a coffee cart in ages. And foot traffic downtown is way down.

There are some, but the energy seems gone.

Irish_Dem

(79,371 posts)
131. It was an odd energy I thought.
Sat Apr 12, 2025, 07:44 AM
Apr 2025

The city was always dark and rainy.
And people running around like crazy with coffee cups in their hands.
But overall yes, a good vibe.

LisaM

(29,465 posts)
136. It was the intersection of the last of the logging and fishing days
Sat Apr 12, 2025, 09:43 AM
Apr 2025

Intersecting with the upcoming tech dystopia. Boeing was part of the mix too. Their merger with McDonnell-Douglas spelled doom for the unions. Once the headquarters shifted to Chicago, you could feel the vibrancy drain from the city. Amazon is a poor replacement.

Irish_Dem

(79,371 posts)
137. Yes
Sat Apr 12, 2025, 11:00 AM
Apr 2025

I think I was there when it was the beginning of the tech boom. And Amazon was still selling just books.

LisaM

(29,465 posts)
142. There isn't a new bookstore in the whole downtown core.
Sat Apr 12, 2025, 03:17 PM
Apr 2025

Elliott Bay moved to Capitol Hill. All the other stores closed one at a time, the indies, then the chains, and finally Barnes and Noble, when they re-did Pacific Place.

There are a few used bookstores still, but you have to seek them out.

Irish_Dem

(79,371 posts)
143. I think it is the same everywhere.
Sat Apr 12, 2025, 03:18 PM
Apr 2025

Bookstores either gone or are selling office supplies and novelties.
A few books here and there.

moniss

(8,604 posts)
19. Basically the import tariff on American goods of any kind is now so
Fri Apr 11, 2025, 02:50 PM
Apr 2025

high that the answer is yes although in a roundabout way product does make it to China. For example in the case of commodities like soybeans the Chinese will continue to import what they need but it will be by way of companies from Brazil etc. But those companies will buy supply from the US at a reduced price because of a depressed market.

So it is not US soybeans going to China it is Brazilian for example because of the purchase. There are also "paper swaps" that take place so that the goods don't actually land in Brazil and then get reloaded on a boat to China. Paper changes hands and things get rerouted in transit. The penalty to US farmers for example is that they end up with a payment to them that is lower than what they would have gotten before all of this. The taxpayers may be forced to accept the burden of greatly increased farm support payments as well.

BamaRefugee

(3,878 posts)
8. Americans are going to be forced by the Trumpernment to eat tons of tofu now.
Fri Apr 11, 2025, 02:26 PM
Apr 2025

Cuz all them soybeans ate gonna eat themselves.
Brazil must be Xstatic about this.

I love miso soup, but I imagine the the necessary dashi, miso, and wakame dried seaweed are gonna skyrocket with tariffs on Japan.

But 'Muricans will learn to love tofu sloppy Joes, tofu chili, compressed tofu T-Bones, the sky's the limit as healthy tofu gets Americanized into our beloved processed foods that are free from all that nasty nutrition

wolfie001

(6,954 posts)
40. Oh my!
Fri Apr 11, 2025, 03:17 PM
Apr 2025

I really can't taste the diff. when having a Morningstar cheeseburger after I dress it up. I guess a bit healthier too? Cook it on my Foreman Grill. RIP George!

PoindexterOglethorpe

(28,407 posts)
57. No thank you.
Fri Apr 11, 2025, 03:39 PM
Apr 2025

Will all due respect to the Tofu Eaters out there, it's not something I willingly consume.

Norbert

(7,526 posts)
10. And China can do much more damage than the idiot realizes.
Fri Apr 11, 2025, 02:27 PM
Apr 2025

Like making an offer on Canadian oil that would normally go to the United States. So much winning.

erronis

(22,482 posts)
46. I think the problem there is that Canada relies on the US via pipelines to do the refining of the oil
Fri Apr 11, 2025, 03:23 PM
Apr 2025

and then it becomes a US product for export (I think).

You probably don't want to ship crude oil across the Pacific to be refined elsewhere.

But then, I know nothing other than randomly collected notes in the cluttered attic of my mind.

48. Read this article about the quiet power move Canada's PM made that pushed Trump to "pause".
Fri Apr 11, 2025, 03:25 PM
Apr 2025

Quick primer: The Stock and Bond markets most always operate inversely. When the stock market goes up the bond market goes down and vice versa. When stocks are booming investors move money out of safe, but low yield bonds and into higher yielding stocks, sending bonds lower. When stocks go wobbly, investors move money into the safer bonds and the bond market goes up. That wasn't happening earlier in the week stocks and bonds were both going down because US bonds weren't being viewed as a reliable safe haven anymore. That scared the shit out of Trump. Canada (with Japan and EU standing shoulder to shoulder) showed the world how to quietly stand up to the bully.

https://deanblundell.substack.com/p/carneys-checkmate-how-canadas-quiet]

That’s the message Carney delivered in his call with Trump last week. No leaks on the exact words, but the outcome speaks volumes. Trump didn’t just pause the tariffs; he backpedaled hard. China’s still in the crosshairs—125% duties are no joke—but Canada? The EU? Japan? They’re off the hit list. For now, at least. Why? Because Carney’s play wasn’t noise. It was power.


Let’s be real: Trump’s spent years calling Canada a freeloader—remember his 2019 NATO jabs?—while ignoring the inconvenient truth. Canada’s $350 billion in U.S. debt isn’t charity. It’s a lifeline. Japan’s trillion-plus? Same deal. The EU’s pile? Ditto. These countries aren’t just buying bonds to be nice; they’re bankrolling the U.S. government. And when they threaten to pull the plug, even slowly, Washington listens.


This was the determining factor in Trump’s surrender. Not the public spats, not the retaliatory tariffs Canada slapped on U.S. autos (though those stung). It was the quiet, coordinated threat of a Treasury bond unwind that bent Trump’s knee. Carney didn’t need to shout. He didn’t need to posture. He lined up the free world—Japan, the EU, Canada in lockstep—and showed Trump the cliff’s edge. Strategic brilliance doesn’t get louder than that.


China could probably make the same move. Between China proper and Hong Kong, the Chinese hold around 1.1 trillion in US bonds. Trump will bluster on like he always does and his mouth pieces will spin the propaganda web, but all that debt in the form of US bonds is a choker collar if he gets to far out of line. (too bad it isn't a muzzle)

malaise

(292,220 posts)
55. The Canadian PM
Fri Apr 11, 2025, 03:35 PM
Apr 2025

Last edited Fri Apr 11, 2025, 04:09 PM - Edit history (1)

has a PhD in Economics. He was the governor of their Central Bank. He knows his shit.

Amaryllis

(10,927 posts)
67. He also was governor of Bank Of ENgland for 8 years. Lots of international businedd connections.
Fri Apr 11, 2025, 03:54 PM
Apr 2025
112. Supposedly Navarro has a PhD in Economics from Harvard.
Fri Apr 11, 2025, 08:17 PM
Apr 2025

Money can buy a degree but it can't buy a visit from the clue fairy. True story, in Trump's first term I once heard Peter Navarro referred to as the "Gilligan of economists". My first thought was: what an incredibly unfair thing to say..... to Bob Denver. Gilligan was a fuck up, but he was a lovable fuck up. Peter Navarro is a fuck up AND an asshole.

C_U_L8R

(48,791 posts)
11. Trump will have to kiss Xi's ass and eat a lot of crow
Fri Apr 11, 2025, 02:28 PM
Apr 2025

...If he has any hope of fixing things. But it seems he's more interested in blowing everything up in the name of his fragile ego.

Baitball Blogger

(51,636 posts)
12. It sadden me for the sake of the agriculture and businesses that worked with them,
Fri Apr 11, 2025, 02:28 PM
Apr 2025

but when you look at this objectively, Trump is an entitled buffoon and the only way to teach him a lesson is to not allow him to jerk you around. Walking away is the best option.

progressoid

(52,502 posts)
61. Yep
Fri Apr 11, 2025, 03:45 PM
Apr 2025

I grew up with these people and most of them will defend anything he does even as he kills small farms and rural towns.

 

elocs

(24,486 posts)
106. Yes, here in WI the northern rural counties are red as is most of the state, but the votes are close.n/t
Fri Apr 11, 2025, 06:33 PM
Apr 2025

Akakoji

(470 posts)
120. It would be much more useful
Sat Apr 12, 2025, 03:16 AM
Apr 2025

To rub it in. their faces. Let them see what THEY did to themsleves.It may be the only way they learn that voting for a Republican always leads to these outcomes. Always.

BurnDoubt

(1,372 posts)
90. THIS!!!!!
Fri Apr 11, 2025, 04:51 PM
Apr 2025

This might be the hammer Zelenskyy needs. Make Putin explain bombing China's staples supply chain. Also lots of other much less agreeable outcomes. The tectonic plates are on the move, and collateral damage won't be minor. In fact it may turn out to be Earth-Shakingly dynamic.

DET

(2,349 posts)
15. Per CNN...
Fri Apr 11, 2025, 02:38 PM
Apr 2025

Trump will be ‘gracious’ if Xi comes crawling back to him (my words, not his). Not gonna happen - nor should it. He’s such a moron.

DET

(2,349 posts)
33. Headline on CNN
Fri Apr 11, 2025, 03:08 PM
Apr 2025

The Trump will be ‘gracious’ part (‘gracious’ was in quotes,so I assume that he or his spokesBarbie said it).

CaptainTruth

(8,025 posts)
84. True. Most Americans don't understand just how important.
Fri Apr 11, 2025, 04:34 PM
Apr 2025

Trump certainly doesn't understand.

Iamscrewed

(486 posts)
16. Intentional stupidity
Fri Apr 11, 2025, 02:39 PM
Apr 2025

Maybe we should treat this dumb ___ like Kadafie , my spelling may not be appropriate.

senseandsensibility

(24,205 posts)
23. It was on what I believe is Katy Tur's hour on MSNBC
Fri Apr 11, 2025, 02:58 PM
Apr 2025

but a fill in for her (much preferable in my opinion) started the hour with those words. I rewound it to make sure I was hearing her correctly.

ProfessorGAC

(75,682 posts)
29. Not The OP, But...
Fri Apr 11, 2025, 03:05 PM
Apr 2025

...this article has quotes by Xi about increasing tariffs in retaliation. He's quoted, but his statements here don't match the OP.
And this article is only 10½ hours old.

https://www.theguardian.com/us-news/2025/apr/11/macron-speaks-of-90-days-of-uncertainty-as-trump-tariffs-spark-further-losses

Response to senseandsensibility (Original post)

StarryNite

(11,965 posts)
20. The felon thinks he can jerk people and countries around with no consequences.
Fri Apr 11, 2025, 02:53 PM
Apr 2025

That may work for him here but it's not working in other countries. They are sick of his shit.

Response to senseandsensibility (Original post)

surfered

(11,090 posts)
30. I could see it, but the link cuts it off on posting. Here's the jist.
Fri Apr 11, 2025, 03:05 PM
Apr 2025

China responded to the White House’s latest tariffs move against the world’s second-largest country, lifting its rates on U.S. goods and vowing to “resolutely counterattack and fight to the end.”

China’s finance ministry suggested the country wouldn’t keep escalating tariffs as the current 125% levy means “no market acceptance for U.S. goods exported to China.” The ministry added: “Even if the U.S. continues to impose higher tariffs, it will no longer make economic sense and will become a joke in the history of world economy…If the U.S. continues to play the tariff numbers game, China will ignore it. However, if the U.S. insists on continuing to substantially infringe on China’s interests, China will resolutely counterattack and fight to the end.”

walkingman

(10,258 posts)
31. How can they justify a "beautiful tax cut" and also a huge subsidy for American farmers...
Fri Apr 11, 2025, 03:06 PM
Apr 2025

and not balloon the deficit? Something doesn't add up.

Jim__

(15,059 posts)
39. What's the best way to deal with an idiot? It could well be to eliminate any dependencies that you have on him ...
Fri Apr 11, 2025, 03:15 PM
Apr 2025

and then, just ignore him. He's our idiot, we will have to deal with him.

Martin68

(26,940 posts)
41. All of Dump's bluff's and bluster are just a lot of hot air in the end. Unfortunately, the consequences for our
Fri Apr 11, 2025, 03:17 PM
Apr 2025

own country may be dire.

wolfie001

(6,954 posts)
43. tRUMP will backtrack
Fri Apr 11, 2025, 03:20 PM
Apr 2025

I don't wanna root for China here, but tRUMP is such a hateful jackass, the only way for this to turn out well is if he loses and then it starts the end of his Proud Boy Nazi Administration.

Ping Tung

(4,121 posts)
44. Xi doesn't sound very 同心协力 about Trump's efforts.
Fri Apr 11, 2025, 03:22 PM
Apr 2025
同心协力

It translates to Gung Ho which translates to "work together" in English. It' was also a motto of Mao's 8th Route Army when he was fighting the Chinese Nationalists and Japanese. It later was adopted as a motto by the USMC.

They never told us that in boot camp when China was considered our enemies (among many other enemies).

I find the irony of the flexibility of ally/enemy among nations downright silly.

Of course we now have to fend off the threat of enemy Denmark.
 

Balatro

(51 posts)
50. I had a strange theory that these tariffs could lead to an expansive underground, black market economy.
Fri Apr 11, 2025, 03:27 PM
Apr 2025

I am new here

Just a thought. I just feel like the US is getting a bit more lawless in general and this may be a coming aspect of that. All thanks to the tariffs. Of course Yambo will give the farmers government checks to help stem the anger. Hopefully farmers get really upset and dems have a chance to grab some rural votes from all this.

Xolodno

(7,291 posts)
96. It will.
Fri Apr 11, 2025, 05:01 PM
Apr 2025

When you go to a swap meet or flea market, you'll find things made in China, more expensive than before the tariffs, but cost enough to be affordable. Expect a lot of RV's on the south and northern borders. Not to mention a lot of boat owners taking short trips to Canada and Mexico.

There is a point where you tariff so much, you inadvertently create an underground market.

Bluetus

(2,188 posts)
51. IOW, China has lots of sources for soybeans. The US has no other sources for most of the chips we need.
Fri Apr 11, 2025, 03:27 PM
Apr 2025

The art of the deal -- genius at work.

enid602

(9,608 posts)
52. Satire
Fri Apr 11, 2025, 03:28 PM
Apr 2025

I wouldn’t be surprised if China started to impose a 25% tariff on all countries who trade with the US, just as we currently do with those who trade with Venezuela. Who knows, maybe we’ll end up having to illegally immigrate to Venezuela before this is all over. At least Maduro is not so sick as to send us to Cecot in El Salvador without due process.

senseandsensibility

(24,205 posts)
89. Game is right
Fri Apr 11, 2025, 04:50 PM
Apr 2025

When are the R's going to get tired of his game I wonder? The rest of us already have.

patphil

(8,670 posts)
56. Causing an Asian leader to lose face by capitulating in Trump's tariff war isn't going to happen.
Fri Apr 11, 2025, 03:37 PM
Apr 2025

Especially when that leader is the dictator of a worldwide economic powerhouse.
So they basically gave the US a big old FU.

vanessa_ca

(611 posts)
59. Wow. CHINA MFA Spokesperson: "Give the bully an inch, he will take a mile."
Fri Apr 11, 2025, 03:41 PM
Apr 2025

CHINA MFA Spokesperson 中国外交部发言人
@MFA_China
Any dialogue must be based on equality, respect and mutual benefit.

If the U.S. truly wants to have talks, it should stop its capricious and destructive behavior.

For the welfare of the Chinese and the people of the world, for the fairness and justice of the global order, China will never bow to maximum pressure of the United States.

Give the bully an inch, he will take a mile.
6:53 AM · Apr 11, 2025


FloridaBlues

(4,645 posts)
77. All this and our federal workers getting layed off. In every dept.
Fri Apr 11, 2025, 04:11 PM
Apr 2025

Doubt we will be in the place financially to bail out anyone even farmers
Our revenue is about to decrease soon under this idiot.

Sailingdiver

(340 posts)
80. And they control the lions share of medium and heavy rare earths
Fri Apr 11, 2025, 04:19 PM
Apr 2025

Our next generation air defense system requires materials China produces, including medium and heavy rare earths such as samarium, gadolinium, terbium, dysprosium, lutetium, scandium and yttrium.

Xi will throttle those back.

Then we'll really be screwed.

But, I'm sure the orange moron is on top of this too.

wiggs

(8,654 posts)
81. With US tariffs threatening the rest of the world, China probably sees a way to get into
Fri Apr 11, 2025, 04:21 PM
Apr 2025

other markets...selling and buying.

Suddenly, China is the good guy in the world's eyes? GOP? Anyone?

usonian

(23,289 posts)
82. Trump's bluffing and has 40 or 50 "tells"
Fri Apr 11, 2025, 04:25 PM
Apr 2025

China owns his economic ass and holds a frickin royal flush with its hackers and bonds.

They know they're his real target ( wrong color skin) and can finish him off.

Likely:
https://www.democraticunderground.com/?com=view_post&forum=1002&pid=20215296

They will stew his ass and Putin will enshrine his giblets in Red Square.

mountain grammy

(28,618 posts)
85. Oh who cares?
Fri Apr 11, 2025, 04:38 PM
Apr 2025

more than 200 brown men were sent to an El Salvador prison.. and that's what trump voters voted for. promises made, promises kept. only about 30% of Americans, another 30% are silent, so 60%.. yippee!!!! We're Nazi Gemany. and the big money and media are with the facist 30%

I'm having another drink and fixing Paella for dinner.. oh wait, is that 'murican?

senseandsensibility

(24,205 posts)
104. Nope
Fri Apr 11, 2025, 06:09 PM
Apr 2025

Seven dollars a dozen. Saw a headline that said that yesterday. So much winning, right?

DENVERPOPS

(13,003 posts)
114. He did that to the Soybean farmers in his first term
Fri Apr 11, 2025, 09:09 PM
Apr 2025

And they all voted for him again............

now that is STUPID..........

Javaman

(65,048 posts)
108. Trump just cratered a huge part of the farming industry
Fri Apr 11, 2025, 06:39 PM
Apr 2025

I bet those asshole farmers are delighted they voted for the fucking orange psychopath.

The leopards will dine tonight

AdamGG

(1,860 posts)
118. The Chinese people can tolerate way more economic pain than Americans
Fri Apr 11, 2025, 10:21 PM
Apr 2025

It's an authoritarian government. They shut whole towns down during COVID. The people have been through a lot historically.

Dump picked the wrong opponent to see who will say uncle first. Art of the deal my ass. Xi should make him do something really humiliating to even agree to talk with him.

Aussie105

(7,540 posts)
119. Standing up to a bully is the only way to avoid further demands.
Fri Apr 11, 2025, 11:50 PM
Apr 2025

Besides, Trump's ham fisted bullying is very offensive to some cultures.
It's the lack of finesse involved, and the mistaken posturing from Trump who thinks he is the smartest Top Dog in the world.

No need to ask who will come off worse if Trump keeps escalating this.

pat_k

(12,663 posts)
121. Cutting off economic and trade ties with U.S. is VERY bad news for Taiwan and their allies.
Sat Apr 12, 2025, 03:18 AM
Apr 2025

... of which we were once the most staunch.

China warns trade war could go beyond tariffs as U.S. Admiral warns China's aggressive maneuvers around Taiwan are not exercises, they are rehearsals
https://www.democraticunderground.com/100220231029

BoRaGard

(7,591 posts)
123. G.O.P. Felon-in-Chief has totally screwed America
Sat Apr 12, 2025, 05:24 AM
Apr 2025

And G.O.P. fine with all the suffering -- for now they can IMPOSE their godforsaken pervo G.O.P. Cxristo-fascism, Inc.

Orrex

(66,593 posts)
124. Fuckhead47's KKKultists are 100% certain to praise this as a victory
Sat Apr 12, 2025, 06:17 AM
Apr 2025

If every Trump voter vanished in a puff of smoke, the world would be no poorer, and I wouldn't miss even a single one of them.

Orrex

(66,593 posts)
125. They should seize Ivanka's China-based holdings.
Sat Apr 12, 2025, 06:18 AM
Apr 2025

Watch Fuckhead47 launch a nuclear strike in minutes.

Orrex

(66,593 posts)
130. At some point a Democrat will offer a conciliatory gesture to China
Sat Apr 12, 2025, 07:08 AM
Apr 2025

And the Reichwing propaganda machine will attack them as “weak” or “in China’s pocket” for it.

 

Littlered

(347 posts)
129. There are plenty
Sat Apr 12, 2025, 06:56 AM
Apr 2025

Of other markets out there for our agricultural products.

This could have an impact here as we (Ohio) exported 3/4 of a billion dollars worth of soy beans to china last year. Our largest importer by far.

Overall, I feel we are in the drivers seat. As climate change wreaks havoc across the globe. Those that have the crops, will have a market.

Fwiw. https://www.usda.gov/about-usda/news/press-releases/2025/04/02/usda-announces-agricultural-trade-promotion-programs-fy-2026

 

Littlered

(347 posts)
141. My post had nothing
Sat Apr 12, 2025, 03:03 PM
Apr 2025

To do with agreeing or disagreeing. I was responding to what I interpreted as a “the sky is falling” post.

As far as the tariff tiff. Some people are claiming that China just walked into a trap, while others are claiming he (Trump) is quite insane. All I know for certain is; I/we are going to have to deal with the ramifications. I prefer to make fact based decisions.

I don’t see Brazil having the ability to fill the void. As it stands now. China only buys 50% of our export. Which amounts to around 11% of all exports to China (which are overwhelmingly agricultural). I like our position on the soybean front. India alone could make up that difference.

I don’t waste a lot of my brain power judging the right and wrong of decisions that I have no control over. I try to reserve it for dealing with the fallout from said decisions.

Historic NY

(39,577 posts)
138. Xi is essentially embargoing American goods.
Sat Apr 12, 2025, 12:04 PM
Apr 2025

no imput and the output is going to be expensive to American business importing.

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