China hits back at Canada with fresh agriculture tariffs

[Developereo]

They will restrict their imports from you in return,

What is their alternative to China?
What other country can compete with China on price?
Inflation in their country would skyrocket.

 

[Sultan Baybars]

China is just responding in kind to US and its possible allies' bullying while US initiated the bullying of all countries. If some countries choose to collaborate with US in bullying China, then Chinese strikes on them can be expected., live with it you Turks.

I dont give a shit.

You guys are in panic and pain and threatening the whole world with sanctions if they buy more American than Chinese. And its getting worser for you.

 

[ety]

But if those countries are the majority, then it hurts China even more than doing nothing because it will increase inflation in China. You can't isolate yourself from the world. Also, you think if you restrict their imports, they will just stand by and say OK? They will restrict their imports from you in return, further hurting your economy.

China needs to target the US dollar. BRICS currency is a good idea, for example. China needs her own World Bank and her own SWIFT too. China could've done all this 15 years ago. China has always been passive, and if you don't want to fundamentally change your view towards the US, it's better to stay like that and wait out Trump.

I think most countries have enough of Trump bullying now. Even UK and EU now have said no to Trump's demand on curtailing business and trade with China. China doesn't have positive view of the US these days, things happen takes time, besides, China has no aspiration to be a hegemon like the US.

 

[Menthol]

We are hearing and reading this doomsday-conspiracies since the Iraq war of 2003 and nothing changed, the bully only got stronger.

Genocide in Gaza? Nobody can stop Israel, it stops only when the US say stop.

Ukraine War? Both parties only take the US serious as broker.

Iran-deal? It collapsed the minute the US got out of it.

North Korea? Rocketman Kim Jun-Ung didnt fire a single rocket since Trump came to the White House again.

Syria? Turkey cant start a operation against the PKK without US-greenlight.

OPEC? They still sell the oil in USD not in Yuan or gold.

Northstream? They blew up Northstream and selling their own LNG to Europe.

NATO? If they leave NATO, it will blow up like a turd in the wind.

Like Trump said, more than 70 countries called him and kissed his ass in exchange for a zero-tarrif deal.

US diplomacy, US blackmail, US manipulation, US softpower and US military is unmatched.

Well, you'll see.

Just watch and enjoy the show.

 

[ShapurII]

What is their alternative to China?
What other country can compete with China on price?
Inflation in their country would skyrocket.

First of all, Chinese goods aren't really that cheap as they used to be.

Secondly, I can only talk about Iran because I know about the situation in Iran. But in Iran, both Iranian and Turkish goods can compete with China in terms of price and particularly quality. Chinese goods that compete with Iranian and Turkish goods in terms of price are of noticeably lower quality than similar Iranian goods. Chinese high-quality brands are not cheap at all. At least not for Iranians, because our currency has devalued for too long.

I'm sure the situation is similar in many other countries as well. Plus, there are still many countries in the world that can be the next labor market for the West. India, Vietnam, the Philippines, Latin American countries, etc.

 

[ety]

I dont give a shit.

You guys are in panic and pain and threatening the whole world with sanctions if they buy more American than Chinese. And its getting worser for you.

Who' is panic now, talk of nonsense of Chinese bullying, lol.

 

[GatlingGun]

The tariffs do damage USA.

China is just to make sure there will be less countries to make agreement with USA on tariffs deal, or no at all.

USA is like a big boss who is going to fall into a cliff, holding a rope that is going to snap. But before that happens, he is threatening all the people around to help him, or else.

Nah, No country wants to kill its domestic industry to accommodate Chinese surplus unless one has surplus with US to compensate. China should've concentrated on domestic consumption instead of dumping at loss. Its too late for Tshingua hobos. They should've listened to friendly neighbourhood prof Michael Pettis from Peking Uni.

 

[Menthol]

That's different from buying more products from US than from China due to markets demands. You are talking about countries more like collaborating or colluding with US to cut or damage China's interests by cutting imports from China, this is more like sanctions against China. What can you expect from China ? Do nothing, lol, China will reduce imports from those countries or impose other restrictions are just normal responses, China just puts out what others can expect from China if they choose to side with US against China.

Choosing between USA and China is the biggest gambling of the century.

Just like during the Cold War, between USA and USSR.

Wrong move, then the fate of our country will be sealed for the next decades.

Choosing USA, we will get access to USD... and it feels perhaps more like before when USA lead the world.

Choosing China, I wonder... What will it look like? What does it feel?

In the next couple of years, the face of the world will be different than yesterday.

 

[Developereo]

Secondly, I can only talk about Iran because I know about the situation in Iran. But in Iran, both Iranian and Turkish goods can compete with China in terms of price and particularly quality. Chinese goods that compete with Iranian and Turkish goods in terms of price are of noticeably lower quality than similar Iranian goods.

If Iranian or Turkish products are of better quality at lower price, then why have they not captured the international market away from China?

I'm sure the situation is similar in many other countries as well. Plus, there are still many countries in the world that can be the next labor market for the West. India, Vietnam, the Philippines, Latin American countries, etc.

Most of these countries simply assemble parts where China is still part of the supply chain. Also, it take time to shift manufacturing. Finally, the West needs China as a market so they won't antagonize China too much. Europe is already resisting Trump's ultimatums. Given a choice between India as a market or China, there is no hesitation which one is the more lucrative market.

 

[ety]

Choosing between USA and China is the biggest gambling of the century.

Just like during the Cold War, between USA and USSR.

Wrong move, then the fate of our country will be sealed for the next decades.

Choosing USA, we will get access to USD... and it feels perhaps more like before when USA lead the world.

Choosing China, I wonder... What will it look like? What does it feel?

In the next couple of years, the face of the world will be different than yesterday.

I think China doesn't really care if Indonesia and others don't choose side or are in good terms with US, what China against is colluding with US against China.

 

[ShapurII]

If Iranian or Turkish products are of better quality at lower price, then why have they not captured the international market away from China?

Turkey is capturing a lot of markets in the region. Iran can't do that because of the US sanctions. We are a heavily-sanctioned country. Before Russia invades Ukraine, Iran was the world's most sanctioned country.

Most of these countries simply assemble parts where China is still part of the supply chain. Also, it take time to shift manufacturing. Finally, the West needs China as a market so they won't antagonize China too much. Europe is already resisting Trump's ultimatums. Given a choice between India as a market or China, there is no hesitation which one is the more lucrative market.

Not necessarily. Iran uses a variety of chips including Chinese chips like ESP32, but ARM-based chips still dominate. Some even use PIC microcontrollers, some even go for small boards like Raspberry Pi. Other than electronics like microchips, China isn't really a critical part of our local supply chain which cannot be replaced cost-effectively.

 

[MH.Yang]

It’s hard to prove whether those countries get blackmailed by the US or not. They could have change their minds about their import balance or found better quality products elsewhere. Nobody has a plight to buy more Chinese than American.

The Mainland is shooting first and then talking afterwards, exactly the same tactics like the main bully US. Quick runners are dead runners - panic is the weakest point of the Chinese.

The US is pushing all the countries exactly in the corner they want and mainland China is helping the US even more with this.

Panic?

I remind you to check the news about China in the two weeks since Trump opened the tariff war.

China and Brazil signed a soybean deal. China and Canada signed a North American oil deal. China and Australia signed a beef deal. China and the UAE signed a natural gas deal and it's still settled in CNY. China also returned all Boeing airplanes and stopped buying even airplane parts.

In two weeks, China has replaced all five major categories of U.S. exports to China, and Trump is still waiting for a call from China at the White House, and he doesn't even have the officials and agencies in place to address supply chain replacement.

Now again, who the hell is panicking? Who is prepared and determined to follow?

 

[Developereo]

Turkey is capturing a lot of markets in the region.

We will have to wait and see how much of Chinese global market is captured by Turkey.

Iran can't do that because of the US sanctions.

Yes, it's probably unwise to use Iran as a reference because it is in a very unusual situation due to sanctions.

 

[Menthol]

Nah, No country wants to kill its domestic industry to accommodate Chinese surplus unless one has surplus with US to compensate. China should've concentrated on domestic consumption instead of dumping at loss. Its too late for Tshingua hobos. They should've listened to friendly neighbourhood prof Michael Pettis from Peking Uni.

Yes, that is the biggest question of all.

What does it look like, the world lead by China?

But we will know it in the next couple of years soon.

 

[ShapurII]

We will have to wait and see how much of Chinese global market is captured by Turkey.

Turkey doesn't need to capture the global market from China. It's just an example of a regional player that produces products of comparatively better/similar quality than China in a similar/slightly lower price range. Iran is another example if the US lifts sanctions on Iran.
But you are completely missing the point. Who made China the China it is today and why? The West, and because of cheap labor. They can make another China if shit hits the fan. India could be the next China. I don't see why that's impossible to happen.

China has two choices now: a radical change from their passive policy and full-on trade war for which they are not prepared yet, or to wait out Trump and try to weather the storm. Knowing China based on their policies of the last 2 decades, I think they will go for the latter.

Yes, it's probably unwise to use Iran as a reference because it is in a very unusual situation due to sanctions.

Yes, I agree but look at it from this perspective that Iran has been completely put aside from access to global markets, particularly Western-influenced markets, and is much more dependent on China than countries allied with the US. So, although in one sense Iran is a bad example for this discussion because of its unusual economic situation, on the other hand, it could be seen as the perfect example of why China's policy of self-isolation will harm nobody more than them because even Iran doesn't rely on them as much as it relies on Western tech.