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8 comment(s). Last comment by Up_down 2018-07-11 21:56

... Tom

888 posts

Posted by ... Tom > 2018-07-11 14:07 | Report Abuse

China has imposed 25% tariff on US goods for decade now!

Gem Wong

27 posts

Posted by Gem Wong > 2018-07-11 14:11 | Report Abuse

how this will impact to ASEAN or ASIA ?

... Tom

888 posts

Posted by ... Tom > 2018-07-11 14:15 | Report Abuse

Most of the impact on other Asean countries are superficial! In fact most benefit tremendously as US will look for alternatives! Before China rise, most of goods imported by US came from Malaysia, Thailand, Vietnam! Today, almost 90% comes from China! Asean has been losing out for decade now!

... Tom

888 posts

Posted by ... Tom > 2018-07-11 14:17 | Report Abuse

But the thing is China so wealthy now that they can afford to spend billions to pay mainstream media and US lobbiysts to spread fake news as if the whole world will go down! So ignore the mainstream news, mostly fake news! That's why you need to listen from neutral well informed alternative news!

... Tom

888 posts

Posted by ... Tom > 2018-07-11 14:28 | Report Abuse

Posted by trendplayer > Jul 11, 2018 02:25 PM | Report Abuse

what happen 2 those co. from US in China, what they sell back to US would b very expensive, n thrump would hurt his own ppl.. they will turn n hate him instead.. at n end what will happen, wait 2b seen..

Answer : No, this MNCs only going for the mega profit! It won't hurt americans because they don't create value and jobs for americans! Which is exactly what happen to Malaysia after US MNCs close shop here and shift to China decade ago!

... Tom

888 posts

Posted by ... Tom > 2018-07-11 14:30 | Report Abuse

If all half trillion are tariff, then MNCs have no choice but to close shop in China and shift back to US or other countries! Then China glorious days are goner! China soon become another stagnant economy like Malaysia! Or probably, Latin America will boom because the same MNCs shift their operation closer to home!

enning22

2,932 posts

Posted by enning22 > 2018-07-11 16:36 | Report Abuse

don't be silly, China trade surplus 68% came from America, with the big cut down in US market, china really needs to re-adjust in a big way,taking a long period of rest---recession.

Up_down

4,346 posts

Posted by Up_down > 2018-07-11 21:56 | Report Abuse

Nothing much happened to DJ after Trump has announced 2nd round tariffs intended imposing on China products. The amount of tariffs merely 10%...No intention to kill China. DJ Investors don’t care much of the trade wars except emerging market. Is it an opportunity created by Trump for Wall Street wolfs to rob emerging market shares at dirt cheap prices? Don’t be surprised that Trump might change his tone after mid term elections.

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