I think they were too busy setting up the biggest trading block in the world which was meant to be headed by US... But now China are in charge...
They were probably laughing too much to get on the phone... Trump fell asleep on the wheel... He was playing snap when the game was chess..
Well they already own the Bidens
Are ye still trying to sell that after Trump got owned....
Again Trump pulled out of TPP on his third day in office and China went behind his back and set up a massive trading block... All the while Trump just insulted allies...
So you to prefer the US being China's ***** and doing so to keep allies 'happy' with us?
Got it...
Do you know anything about TPP?
Trump by dumping TPP immediately became China's *****....
You don't seem to grasp that getting rid of a coalition to deal with China and giving those countries to China to control was madness..
This is not Art of War, this is just common sense....
I know it hard for you to understand that you were wrong about Trump but the facts are there in front of you... China now has the trade bloc and US are on the outside...
Explain how this is a win for US...
President Trump slapped tariffs on China, which were decades overdue. China was not happy about that.
Tariffs... So ******* what.... Consumers lost most from the tariffs...
Tariffs were temporary skirmish as China won the war with there trading bloc... Do you see how stupid you are sounding...
China totally outflanked US while Trump was messing in tariffs...
Xi is there for life, Trump is a joke to him....
President Donald Trump has staked a claim to success in his trade war with China on his phase one trade agreement of January 2020. In his self-proclaimed "historic" deal, China committed to purchasing an additional $200 billion of American-made goods and services over 2020 and 2021.
www.piie.com
"As the US election approaches, however, the evidence indicates that the deal is failing to live up to Trump's pledge.
1 The latest official
data show that China is falling short, reaching only 53 percent of the expected purchase target through September 2020. In fact, Chinese imports of US goods are now lower than they were before Trump started his trade war with a blitz of US tariffs on Chinese products in 2018."
And any way China will just buy American stuff and sell them on if they don't need them and kill US in other markets... Re-gifting....
Trump just doesn't understand trade.... Stuff gets resold all the time... Unless China actually wants US stuff they are not keeping it... Just dump it somewhere else... So if they get too much soya bean they will just dump soya bean in Europe and any US exporter of soya bean gets screwed...
The funny thing is ye expect China to stick to a deal.... That is ******* naive.. China never saw a deal they didn't thing of breaking...
Only way to deal with China is to cut them off and get them come begging to trade with anyone... If you have TPP and EU agreeing to hold China to deals they will be forced to listen as they need those economies to trade with... No one else to buy there stuff...
Another example China Steel industry, China gets 62 % of its Iron ore from Australia and 21% from Brazil... Clinton was negotiating with Australia to control that supply and either redirect some of it to US. Iron mining in US only employs 5000 people. Steel Workers are 140k.
But reducing supply to China could control the price better in favour of the US steel industry. That is how chess is played.
Australia probably wanted something in return but that is easy. Australia has need for many things which US has got but free trading with US is huge.
In 2019, Australia was China's biggest supplier of iron ore, accounting for around 62.2 percent of the total iron ore import tonnage to China.
www.statista.com
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Sorry lads if you didn't know this but these trading blocs are how countries are going forward. Look at Germany's Economy, it has had a surplus from 2012 to 2019... A serious one as well... They done this by maturing a huge market for there goods...
The secret is everyone in the trading bloc have to have same human rights, Health and Safety, environmental rights, workers rights.... This makes competing on a level playing field but what also does is create markets for US products.
US is exporting more and more every year to Mexico. The better the Mexico economy the more stuff they buy from US and invest in the US. That creates jobs in US(much like it did in Germany).
Example: Mexico sells avocados in US. US producers of avocados were initially worried but Mexico paid for a huge advertising campaign and while increasing supply, the demand way outstripped it. US farmers are getting multiples more from avacados than before Mexico stared exporting to US. Mexico then bought US farm machinery from US thus creating jobs. That is NAFTA at work.