China hits back at Canada with fresh agriculture tariffs

[hydrabadi_arab]

Looks like India is first one to bow down to USA. Quite stupid by India tbh. Few more months and Trump will back track on all tariff but not the deals made now.

 

[Menthol]

Even worse awaits

This is very interesting.

Could you explain it more?

 

[hydrabadi_arab]

Taking sides between China and the US?

This is very interesting.

If you side with the USA, it will be easier to get USD for international trade and to pay debts. But forget about the trade surplus as in the past. And many more.

Take a side with China... I don't know. What is the advantage of siding with China?

Read art of the deal. India is showing desperation for a trade deal here which is stupid. USA main trading partners are Europe, Canada, mexico, Japan and China. And must of them are not making any deal with USA right now because they know Americans don't have apetite for pain. These tariff will not last.

But if India make a deal now then it can't go back.

 

[RealDeal]

Yes sure, they are totally buying the dip because they are patriotic, not because they see an opportunity for a quick profitable swing trade.

 

[GatlingGun]

Read art of the deal. India is showing desperation for a trade deal here which is stupid. USA main trading partners are Europe, Canada, mexico, Japan and China. And must of them are not making any deal with USA right now because they know Americans don't have apetite for pain. These tariff will not last.

But if India make a deal now then it can't go back.

You snoose you lose.

Alphabet Inc shifts Google Pixel production from Vietnam to India amid US tariff concerns

Alphabet is in discussions with Dixon Technologies and Foxconn to shift Google Pixel smartphone production to India, particularly for US-bound devices, due to potential tariffs on Vietnam. The company aims to mitigate sourcing risks and is exploring localizing components within India.

m.economictimes.com

 

[JsCh]

What happen with the maturing 6 trillion treasuries is that they were issue when interest rate is low. And now to roll-over it with new debt would come with much higher current market interest rate means a further hit to US fiscal budget for interest payment now and further down.

Also, foreign appetite for US treasuries has decrese their holding from mid-thirty to 25% of total. That is unlikely to increase because of all the negatives prospect for US assets.

A high interest environment would be bad for businesses because of higher financing cost and consequently for the domestic economy.

There is increasing possibility of a viscious cycle called the debt spiral.




Current attempt by the White house to avoid the debt spiral seem not to be working.

If I am those other countries negotiating with the US, I will wait till the economic consequences hit the US first.

Wait for the US to sweat a little, only then the US would be much more amendable to agree to better terms.

But of course, if countries believe that the Chinese economy is very vulnerable to the trade war and is verging on collapsing and civil disorder and political turmoil that would lead to toppling of the communist gov't like Gordon Chang repeatedly said so, then they need not worry about China retaliation and side and bet with the US.

 

[fitpOsitive]

'For our country': China's patriots are buying the dip​

By Samuel Shen and Tom Westbrook
April 22, 202510:02 AM GMT+8

A Chinese national flag flies as people walk on a pedestrian bridge at the Lujiazui financial district in Shanghai, China April 15, 2025. REUTERS/Go Nakamura/File Photo

• Summary
• Chinese retail investors make a patriotic bid for stocks
• 'National team' and private investors in sync to support market
• Investors say goal is to help country, not make money

SHANGHAI/SINGAPORE, April 22 (Reuters) - Cao Mingjie had never traded stocks before Donald Trump's "Liberation Day".
The home designer from China's southern Guangdong province changed his mind after April 2, when the U.S. president announced "reciprocal tariffs", intensifying a trade war with his country.

Keen to show solidarity with Beijing, Cao decided he would invest 2,000 yuan ($274) in the local stock market every month.
"The goal isn't to make money. It's about contributing to my country," said Cao. He said he opened trading accounts after the higher tariffs hit Chinese stocks. In this trade war, "every individual should stand by the country until the end".

Like Cao, many retail investors are joining the state-backed "national team" to defend the stock market - another battlefield in the broadening Sino-U.S. conflict, traders and brokers say. Buying has been focused on sectors set to benefit from China's national agenda, such as defence, consumer and semiconductors.

The patriotic fervour is unusual in small investors, notorious for their casino mentality, and a welcome change for authorities seeking to counter the panic caused by the trade war and stabilise capital markets.‘’

Since the rout on April 4, China's share markets have received 45 billion yuan in net retail inflows, data from financial information provider Datayes shows. That compares with six straight sessions of outflows totalling 91.8 billion yuan ahead of Trump's "Liberation Day".

Previously, private and state investors clashed during the 2015 market crash and in the aftermath of Beijing's crackdown of technology companies, undermining market rescue efforts.

But now, their interests appear aligned as Trump threatens eye-popping import tariffs that China has described as "bullying", even if some retail investors are merely opportunistic and riding on Beijing's swift and resolute intervention.

As China stocks plunged 7% on April 7, state-backed institutional investors publicly vowed to buy more shares, top Chinese brokerages pledged to steady prices, and a slew of listed companies unveiled share buyback plans.

Last week, Chinese Premier Li Qiang urged government officials to strengthen efforts to steady, opens new tab the stock market.
China's stock market (.SSEC), opens new tab has bounced 8% from seven-month lows hit early April, and is down just 1.3% so far this month. That compares with a slump of more than 8% for U.S. stocks.

"We think China's A-share market is of greater strategic importance," said Meng Lei, China equity strategist at UBS Securities. Patriotic bets have "meaningfully improved investor sentiment", Meng said.

'BEING PATRIOTIC MEANS HOLDING ON'​

Zhou Lifeng, from China's northwestern Ningxia region, has vowed to pour more cash into stocks even if he incurs losses.

"Being patriotic means holding on to your stocks," said Zhou, a mountain climber. Zhou said he owns mostly consumer and defence stocks worth 3 million yuan and has 7 million yuan cash in his war chest.

Restaurant operator Shu Hao said he had also invested several hundred million yuan in Chinese shares and that he was inspired by efforts made by domestic retail giants to help exporters bruised by the trade war.

JD.com (9618.HK), opens new tab, Alibaba-owned Freshippo, and supermarket operators CR Vanguard and Yonghui Superstores (601933.SS), opens new tab have announced measures to help exporters pivot to the local market.

"People are expressing patriotism in various ways," said Shu. He said he had bought technology and consumer shares.
The stocks and sectors people are buying into reflects nationalistic pride. They are mostly areas in which Beijing has self-sufficiency targets or have local champions that are being shut out of global markets due to the tariffs.

Reflecting this, consumer (.CSI000990), opens new tab and chipmaking (.CSI931865), opens new tab shares have risen since Trump's "Liberation Day" despite weaker broader markets, while tourism (.CSI930633), opens new tab and agriculture-related shares (.CSI930910), opens new tab have recovered quickly.

Exchange-traded funds, an increasingly popular investment conduit in China, have received piles of money.

Since the April 7 slump, Chinese ETFs have received more than 230 billion yuan of flows, pushing the total size of the segment past 4 trillion yuan for the first time, state media has reported. The data does not show how much of those inflows were from retail investors, versus the "national team".

'WAR ... WITHOUT GUN SMOKE'​

Patriotism is also reshaping the portfolio of some professional investors.
Hedge fund manager Yang Tingwu said he ploughed all the cash left in his portfolio into stocks.

"This is war, only without gun smoke," Yang, portfolio manager at Tongheng Investment said, referring to the spiralling trade conflict between China and the U.S. that has seen tit-for-tat levies surging past 100%.

"You're placing bets not just on your portfolio, but also on the fate of your country," said Yang, who has wagered on farming, energy, finance and defence stocks.
Founder of Shanghai-based Minority Asset Management, Liam Zhou, said he had invested his $1 billion portfolio entirely in China stocks.

The trade war has even turned some Chinese investors nationalistic.

"My portfolio is bleeding, but I don't care. I'll stand firm with the government in the fight against U.S. bullying," said Nancy Lu, a teacher in eastern Jiangsu province. She vowed to never go to Starbucks or wear Nike again, in a boycott of American brands.

"I won't sell a single stock. I'll help defend the market for our country. I have never felt so proud as a retail investor," she added.

If China wants to win this war
Come up with your own monetary system. Setup your own ecosystem just like west. You see, USA holds military power, UK provides technical support like international exchanges and gold prices, intelligence, Germany provides with industrial support. Bankers are the ones who provide the lubrication to this machinery. They also direct which country to target next (India and China+Pakistan are on hit list now). Money here has just two values: that these bankers wants you to believe it's money when it's not, and the military.
Try to replace the existing status quo here.
No matter what you do, you will be subguated to monetary system. So monetary system is the WOMD here against you.
One pro tip for you: interest based economy is the main weapon in the hands of your enemies. You killed it, you will kill your enemies without firing a shot.

 

[Sultan Baybars]

If China (the mainland) is so great and super and inevitable, then why are they treathening other partners thay should not stop or lower their Chinese imports?

I thought the the mighty Xi and his mainland were selfsufficient and could not be hurt by Trump?

 

[大汉奸柳传志]

There is increasing possibility of a viscious cycle called the debt spiral.

only emerging markets tend to have such a problem, Turkey and Argentina in recent years I remember

who would have thought the mega zillion US economy is on the verge

 

[ety]

If China (the mainland) is so great and super and inevitable, then why are they treathening other partners thay should not stop or lower their Chinese imports?

I thought the the mighty Xi and his mainland were selfsufficient and could not be hurt by Trump?

What nonsense are you talking about ? Trade is always both ways, if countries like Turkey choose to side with US to cut imports from China, it will do the same to your country, simple as that. So, you want China just to live in sell-isolation from the rest of the world and do nothing to others' sanctions, Chinese are no fools, stop being hypocritical, lol.

 

[Sultan Baybars]

What nonsense are you talking about ? Trade is always both ways, if countries like Turkey choose to side with US to cut imports from China, it will do the same to your country, simple as that. So, you want China just to live in sell-isolation from the rest of the world and do nothing to others' sanctions, Chinese are no fools, stop being hypocritical, lol.

I am just curious. You, the Pekingslumberer, the Han-clown and many other Mainlanders were a few weeks ago 100% sure that these tarrifs would only be a disaster for the Americans, that it would hurt the US more, that the mainland was not relied to exports, his holyness Xi Jinping was not afraid or in stress.

First the Mainland was trying to dodge the tarrifs by exporting its goods to the US via Vietnam and Thailand etc.

After this plot failed, the Mainland is now threatening all 193 countries with harsh measures if they buy more American instead of Chinese.

World trade doesnt work that way. If you are using chantage, countries would weaponize theirselves more against you. You are scaring the shit out if them. You are giving the US more leverage with your own hands.

You need a different strategy to beat US soft power and US honeybee-diplomatics.

 

[hydrabadi_arab]

You snoose you lose.

Alphabet Inc shifts Google Pixel production from Vietnam to India amid US tariff concerns

Alphabet is in discussions with Dixon Technologies and Foxconn to shift Google Pixel smartphone production to India, particularly for US-bound devices, due to potential tariffs on Vietnam. The company aims to mitigate sourcing risks and is exploring localizing components within India.

m.economictimes.com

Tariff on Vietnam which were paused. These talks will not go anywhere as all companies will wait minimum of 6-12 months. By all accounts Americans cannot even bare 1 month of trade war.

 

[ety]

I am just curious. You, the Pekingslumberer, the Han-clown and many other Mainlanders were a few weeks ago 100% sure that these tarrifs would only be a disaster for the Americans, that it would hurt the US more, that the mainland was not relied to exports, his holyness Xi Jinping was not afraid or in stress.

First the Mainland was trying to dodge the tarrifs by exporting its goods to the US via Vietnam and Thailand etc.

After this plot failed, the Mainland is now threatening all 193 countries with harsh measures if they buy more American instead of Chinese.

World trade doesnt work that way. If you are using chantage, countries would weaponize theirselves more against you. You are scaring the shit out if them. You are giving the US more leverage with your own hands.

You need a different strategy to beat US soft power and US honeybee-diplomatics.

Are you sleeping ? The tariff war is definitely hurting the US much more than China now,. Your master the clown has already backed down twice from his threats by exempting tariffs on 43% Chinese products on semiconductors, electronics and smartphones. Lol, who is scared of the shit out now., China just ignores the clown and his gov that want Xi to call him, you can keep kissing up to them.

Companies in China as in others are free to set up in other countries where they can make good profits, what's wrong with that, businessmen will do what good for them, lol.

And who is saying that China is against other countries buying more from US than from China ? Don't BS here. China just said if other countries put sanctions on China, China will do the same to them, get the facts right.

 

[Menthol]

What happen with the maturing 6 trillion treasuries is that they were issue when interest rate is low. And now to roll-over it with new debt would come with much higher current market interest rate means a further hit to US fiscal budget for interest payment now and further down.

Also, foreign appetite for US treasuries has decrese their holding from mid-thirty to 25% of total. That is unlikely to increase because of all the negatives prospect for US assets.

A high interest environment would be bad for businesses because of higher financing cost and consequently for the domestic economy.

There is increasing possibility of a viscious cycle called the debt spiral.

View attachment 113374
View attachment 113375

Current attempt by the White house to avoid the debt spiral seem not to be working.

If I am those other countries negotiating with the US, I will wait till the economic consequences hit the US first.

Wait for the US to sweat a little, only then the US would be much more amendable to agree to better terms.

But of course, if countries believe that the Chinese economy is very vulnerable to the trade war and is verging on collapsing and civil disorder and political turmoil that would lead to toppling of the communist gov't like Gordon Chang repeatedly said so, then they need not worry about China retaliation and side and bet with the US.

A massive economic disaster is brewing.

The time is near.

The clock is ticking.

The end of USA.

It's not hard to calculate the math, to understand the situation USA is facing.

That's also explaining Trump tariffs behavior. But who is willingly to give money to USA to pay the debt, we are all poorer than USA citizens.

 

[Menthol]

I am just curious. You, the Pekingslumberer, the Han-clown and many other Mainlanders were a few weeks ago 100% sure that these tarrifs would only be a disaster for the Americans, that it would hurt the US more, that the mainland was not relied to exports, his holyness Xi Jinping was not afraid or in stress.

First the Mainland was trying to dodge the tarrifs by exporting its goods to the US via Vietnam and Thailand etc.

After this plot failed, the Mainland is now threatening all 193 countries with harsh measures if they buy more American instead of Chinese.

World trade doesnt work that way. If you are using chantage, countries would weaponize theirselves more against you. You are scaring the shit out if them. You are giving the US more leverage with your own hands.

You need a different strategy to beat US soft power and US honeybee-diplomatics.

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.