chinks afraid of Trump's renegotiating trade agreement

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>>67637037
>Please tell me they'll all become dirt poor again

I'm sure Trump will have a job for you as a farmer

>>67637037
China's happy because the TPP is dead.

The TPP deliberately excluded China, the point of it was to create a trading bloc in the Asia-Pacific dominated by the USA. Trump is retreating from this, now China will put forward its own bloc (probably excluding the USA), and US allies like Australia have already said they're willing to follow China's lead now that the USA has given up

https://www.ft.com/content/23cdd7d4-abba-11e6-9cb3-bb8207902122
https://www.theguardian.com/world/2016/nov/17/australia-signals-support-for-chinese-led-trade-deals-to-replace-tpp

So, no, Trump's going to be the best thing that happened to China's economy since Mao died. It's the Americans who will make China truly powerful

You couldn't make it up

>>67637354

>theguardian

>>67637434
Those were the first links I found. They're just reporting the news from the Financial Times, I included Guardian because the FT has a pay wall. Here are the first two paragraphs of the FT:

>Australia is throwing its weight behind China’s efforts to pursue new trade deals in the Asia-Pacific region amid a growing acknowledgement the US-led Trans-Pacific Partnership agreement is dead in the wake of Donald Trump’s election victory.

>Steven Ciobo, Australia’s trade minister, told the Financial Times that Canberra would work to conclude new agreement among 16 Asian and Pacific countries that excludes the US.

Are you denying that's true, or what?

>>67637476

why is the media reporting that china is losing its shit over Trump's renegotiating of the trade deals then?

>>67637354
This

Trump is a fucking Idiot and will give away all of the US' influence abroad to China and Russia.

Rip U.S.A.

We are doomed for Isolation and irrelevancy. It was nice while it lasted, or not. Maybe Isolation is for the best.

>>67637037
>they'll all become dirt poor again
>again
You don't know shit about chinks, whenever i go to an average chink restaurant i feel like I'm venturing back into the wilderness. They have fucking cardboard on the entrance instead of a simple damn carpet. And they have the nerve to charge you prices of mid-high tier Restaurants

>>67637538
>Maybe Isolation is for the best.
you dont want to deal with these eurocucks trust me.

>>67637515
Probably the Chinese are uncertain about what will happen to US-China bilateral trade. But it's not the end of the world for them, they know that a trade war will hurt the USA just as much (if not more) than themselves.

The more important factor here is what country becomes dominant over the Asia-Pacific.

You know Australia is a much closer US ally than Britain, they've been with the US in every major war since WW2 even Vietnam. Now their trade minister says they'll support a trade deal that will exclude the USA. If that actually happens it's a big deal

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>>67637515
hmm yes, the media, very good.

how do you pronounce "China" in Chinese to have the same effect as Trump's New Yawkese CHYNA

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>>67637037
cant wait for WW3 tbqh
let all developed countries nuke each other and let us 3rd world live in peace

>>67637582
>just as much (if not more)
How? China's economy is very dependent in exports.

The US is dependent on Imports. In case of a trade war with China, the US would either have to start manufacturing it's own shit or import it from other places like India and Vietnam (which is what is already happening.)

China in the other hand would have to raise exports to other countries, which would be hard to do, considering that no other country can consume as much as the US.

China would definitely suffer way more. The US would suffer. But the free market is self correcting.

the only better thing that could happen to China is a race/civil war in USA to push California/Tech/Higher Education industry outside US

America will be great again built by Trump and cousin Cletus

>>67637672
California is a tech hub because of the US. If california seceded, most people would leave it for safer states in the US.

A total embargo, and military blockade would force California back into the Union without the need of a total war, unless california pursued it.

Nonetheless, it's stupid. It's not going to happen.

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>>67637662
>The US is dependent on import

t. Macro Economics Professor Specialist

john pls

>>67637757
What I meant to say is that the US Imports more than it exports. If a trade war started, the price of a lot of things would skyrocket, and new sources would have to be found.

Someone is bound to fill that void, either home production or some other developing country that would rack up it's production when China is suffering from high tariffs.

>>67637662
The Chinese are trying to move towards more domestic consumption and less dependence on exports anyway.

But there's more to it than that. The Chinese have invested a lot in US treasury bonds, i.e. the USA has been effectively borrowing cheap money from China and using that to import cheap stuff from China. If the Chinese started dumping US treasuries then things could get nasty.

Also a trade war with China would raise prices in the US and thus erode quality of life for the people who voted for Trump most of all.

Finally if China does get a new trade area going, that would lessen the impact on themselves.

But the most worrying thing for the US isn't China but the effect on the USA's reputation because Obama has spent 8 years telling these other TPP countries to sign up, even though its unpopular almost everywhere, even though the biggest beneficiary would be the USA, and they've all done it often at cost to their popularity with their own electorates, and now the USA is walking out of the room. How can anyone trust the Americans on big international agreements again.

>>67637714
By california I mean people inside which obviously hold political opinion different to Trump, same goes for tech hub in Texas and unis in major cities

Good luck convincing those to stay in a civil war, I can already see companies moving to Canada if Trump stays true to his words which is unlikely tho, his sole talent is bullshitting a retard audience

>>67637552

I'm in china now, Ivan. Millionaires and billionaires are a dime a dozen. I see chinks with Lamborghini's and Ferrari's everywhere.

And hordes of Russians and Eastern Euros come here to work illegally for pennies, slaves to the chink.

>>67637951
So, according to you a bunch of college campuses are going to lead a revolution? please.

There is zero probability of a significant secessionist movement in the US.

Obama was abhorred by half the population, and nothing came of it. Trump is going to be hated by the other half, and in 4 years another president will be elected, like it has been since the foundation of the country.

You think American companies would risk leaving? Well prepared to be put in some list and taxed to fucking hell just to get your product in the country. Trump would make it very painful for companies to leave, and many laws are being put in place already.

Pfizer already tried and was blocked.

>>67637354
HAHAHAHAHAHAHAHAHAHA

trump fucked up

>>67638032
US scientists already move all around the world, to be employed in respectable position in uni here its pretty much a standard requirement to have experience in US.

Trump is gonna help boost education industry in pretty much all 1st world cunts

>>67637932
>and thus erode quality of life for the people who voted for Trump most of all.
Please, please PLEASE let this happen. I'll have the last kek.

>>67637965
>Millionaires and billionaires are a dime a dozen.
bs

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>>67637037
This is why no one like USA people you know.

>>67638412
t. lu zing wa
foreign exchange student.

>>67638334
But I doubt it'll hurt his popularity that much. People will focus their anger at China instead.

A similar thing might happen with the UK and EU. If the EU takes a hardline with the UK, which it is, the UK will suffer higher prices for a while.

The UK has a large deficit with the Eurozone, just like the US has a large deficit with China. It's going to be interesting to see how both of those processes go.

>>67637845
Home production is impossible and other countries do not have production output close to that of China, nor do they produce the same things.

>>67637845
I don't think you understand, the deal isn't just China but Russia and India.

>Russia gets to pre-empt further attempts at economic sanctions by becoming an important part of the economy of nations like mine

>India is looking to become as big as China, every single fucking market it gets access to counts

So now that China has caught up in wages to my nation they're no longer a threat in terms of wiping our industry with cheap imports (which we no longer specialize in anyway) so for us the scenario of having this alternate TPP, which also brings Australia and some more Asian nations is we get in a position where we are not dependent on a single nation like we are today. Trump isb shrugging off Peña Nieto's point about 40 cents of every dollar we export going to American suply chains (eg you manufacture the motor for the washing machine we sell) so if he leaves us no choice we certainly we'll need new markets (and to hell with acomodating American interests as a bonus) we already have free trade with Europe and Japan, both of whom will be feeling snubbed after Trump is nuking the free trade schemes with them, and we've got some comitment from Canada we will sign a bilateral deal with them if NAFTA falls apart.

Meanwhile you people will left out in the cold, even worse, still largely responsible for the international system but no longer benefiting from it. Defense is a good example, you can't just disengage in a couple of months, you'll still be spending more on your armed forces than the rest of the world combined.

Low key a new world order is being built, one in which the US is not as relevant and no longer has leverage.

https://www.yahoo.com/news/trump-win-china-looks-seize-asia-free-trade-032126724.html

>>67638477
I don't think the US will see themselves as responsible for the international system any more. If Trump follows through with the anti-free trade stuff and detente with Russia, there's no point for them to invest in it.

I think NATO will eventually be watered down so the US doesn't have to provide any real assistance, and everyone else will increase military spending.

The US will be fine due to their huge internal market they'll just not be as prosperous as before.

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>>67637037
Going on a summer internship in China to Chengdu, what can I expect?

Most other people in school going to US but I had no interest.

>>67638456
>ooga booga Hillary is going to throw us into a war with Russia if we don't vote Trump
>now it's CHY-NA instead

>>67637515
You live in the US

>>67638721
Why would the US and China go to war? I was talking about a trade war.

A military war between them would only happen if the US was serious about protecting its allies. Do you think Trump would spend serious American blood and money to preserve the sovereignty of a few islands in the South China Sea?

>>67638605
>shit beer
>weird customs
>horrible manners
>kids shit in the street
>never take the train
>dont fuck cheap girls

>>67638808
Yeah because his advisors will tell that worthless puppet what to do for the future of US relations.

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>>67638821
Wait wot weird custom, what's a cheap girl?
I thought Trains were pretty good there they even have a Maglev in Shanghai.

>>67638589
The problem is not only are four years too little time for the US to step dpwn from it's global role, Trump means no cuts in the armed forces budget and has stated foreign policy goals that are contradictory eg wiping out ISIS or full support for Israel (especially of he scrapes the deal with iran) for both of which he will need NATO and even the yes men he's hand picking will tell him so.

Killing a large part of US trade and sinking the world into global recession (for which both him and the US would be blamed) he can comfortably acomplih within a year. Even if he moderates on just pursuing some nominal token symbols of his stated policies he will acomplish the exact same scenario you have brought up, the US will simply not be as prosperous.

There's no mid to long term scenario in which he wins with his plans as are currently known, he'll rally the markets, create a speculative bubble then fail to deliver and crash the US economy by the middle of his term. Right now the rich are alreading resping the profits of his being elected, and the smart ones will take their capital with them once he's unable to manage debt lowering taxes and spending on infrastructure. It just isn't sustainable and many will remember he threatened to default on US debt if he can't get all the money he needs.

>>67638840
We'll see.

From the little I know about Trump he seems like someone who likes calling the shots. US relations have already been damaged by stuff Trump has said, there have already been consequences, Trump has already dismissed plenty of advisers during his campaign who said stuff he didn't like

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>>67637037
I still don't understand how a guy who admits to not paying taxes expects to get any from anyone else?

Also an extra 50% tax on Chinese and Mexican goods is anti capitalist and dumb.

>>67637354

>literally the most powerful nation that ever existed
>throwing away everything because >muh wall

Dammit america, you guys are shit at voting, and we know how to shitvote.

>>67637624

More of them will come down here.

>>67639403

fuck no.

>WW3 happens
>all world power are too busy killing each other
>now we can kill all the scum

I fucking love our military politics of not getting into other's conflicts and just be defensive.

>>67639498
Why the hell do you think the next war will be WW3? That's really dumb imo. Why would the next middle-eastern or European or Asian war become a world war?

>>67639040
Go to bed, CTR.

>>67639529

Let me dream ffs.

I trust on either side's fuck up and start a global war. So we can be left alone and take care of our shit without foreign intervention.

>>67639612
So let's say China starts fighting the Americans in the South China Sea for some reason.

Why do the Europeans start fighting each other because of that? Because that's what would have to happen in a world war. China certainly can't fight a war in Europe even if it wanted to.

Your dream is dumb too. There's no such thing as taking care of your shit without foreign intervention. Doesn't matter if there's a war or not. You'll be affected by whatever happens in the world. You're not cut off from the world and it's impossible to achieve. If you want to know what happens when you try and do that, look at North Korea.

>>67639715

I was talking about US x Russia. China won't need a war.

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>>67638879
>China
>trains
>good

Just don't fuck random girls.

>>67639856
Even US and Russia wouldn't be a world war, and it looks pretty unlikely considering Trump has been elected