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The 3rd World War Is Trade Economic War It Has Started - Foreign Affairs - Nairaland

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The 3rd World War Is Trade Economic War It Has Started by goldman777: 9:57am On Apr 08, 2018
Donald Trump president of America is aware that by now the world doesn't want to go to war because nobody wants death and casualties associated with world war 2 anymore this days.a new modern deadlier kind of war has evolved destroying a country economically without shooting a single bullet or missile and crippling it America is spearheading this new type of warfare and we are bound to see economic casualties with the two economic super giants trade wars China and the USA,along with Russia the Koreans and the rest of the world.lets see how world war 3themed the trade economic wars end
Re: The 3rd World War Is Trade Economic War It Has Started by Nobody: 10:01am On Apr 08, 2018
goldman777:
Donald Trump president of America is aware that by now the world doesn't want to go to war because nobody wants death and casualties associated with world war 2 anymore this days.a new modern deadlier kind of war has evolved destroying a country economically without shooting a single bullet or missile and crippling it America is spearheading this new type of warfare and we are bound to see economic casualties with the two economic super giants trade wars China and the USA,along with Russia the Koreans and the rest of the world.lets see how world war 3themed the trade economic wars end

Re: The 3rd World War Is Trade Economic War It Has Started by IdeyFindWife: 10:10am On Apr 08, 2018
goldman777:
Donald Trump president of America is aware that by now the world doesn't want to go to war because nobody wants death and casualties associated with world war 2 anymore this days.a new modern deadlier kind of war has evolved destroying a country economically without shooting a single bullet or missile and crippling it America is spearheading this new type of warfare and we are bound to see economic casualties with the two economic super giants trade wars China and the USA,along with Russia the Koreans and the rest of the world.lets see how world war 3themed the trade economic wars end
Don't let the conspiracy theorists fool you!
The ripples and shockwaves of economic/trade actions will be felt almost all over but the effects will dissipate with time
Funny, China seems positioned to lose more as it stands on automobiles, high end gadgets tech eQ, utility wears etc.
The markets are not infinitely elastic so equilibrium will be reached sooner or later.
Re: The 3rd World War Is Trade Economic War It Has Started by mgdimagaladima(m): 10:14am On Apr 08, 2018
mtchwwwwe
Re: The 3rd World War Is Trade Economic War It Has Started by Kophschmerzen: 10:59am On Apr 08, 2018
IdeyFindWife:

Don't let the conspiracy theorists fool you!
The ripples and shockwaves of economic/trade actions will be felt almost all over but the effects will dissipate with time
Funny, China seems positioned to lose more as it stands on automobiles, high end gadgets tech eQ, utility wears etc.
The markets are not infinitely elastic so equilibrium will be reached sooner or later.


America stand to lose more, because the Chinese electronics components are from various countries. So the risk will be equally shared among those countries. Chinese are targeting traditional goods we produce here like pork, soybeans and other agrarian stuffs.

Plus there are shit loads of alternative for those goods, Argentina and Brazil produce sh1tload of agrarian stuffs. Hurting Chinese goods will definitely send lot of American producers under e.g apple and other Chinese manufacturing and American selling folks here.

Trade statistics are highly problematic—we tend to fixate on the hundreds of billions of dollars of U.S deficits, when in fact a large percentage of that is U.S. companies assembling items nominally “made in China” and then selling them in America. The iPhone is perhaps the best example. It is treated as a U.S. import from China at its announced import price of more than $200, but as many economists have shown, only a fraction of that goes to China. The rest is distributed among global suppliers and Apple itself, but arcane “country of origin rules” make it seem otherwise. That is true for almost all products others than commodities and agricultural goods. Our current trade numbers reflect supply chains of the 1950s but how goods are actually made in the 21st century.

That is in part why China’s possible tariffs against U.S. commodities could hurt more than U.S. tariffs against Chinese goods: Our pork and soybeans are basically all-American, whereas a goodly portion of Chinese imports have parts from countries around the world sourced by American companies domiciled in the U.S.

The final problem with the tariffs is that China is the fastest-growing export market for American goods and perhaps the largest potential market for U.S. services. Those services include Chinese tourism to the United States and Chinese students studying here, whose economic ripple effects are surely under-reported (a Chinese student paying rent shows up in no trade number, for instance). And those numbers don’t include China investing tens of billions in the U.S. to buy companies with its surplus dollars, nor its trillion-dollar investment in U.S. bonds.

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Re: The 3rd World War Is Trade Economic War It Has Started by IdeyFindWife: 11:05am On Apr 08, 2018
Kophschmerzen:



America stand to lose more, because the Chinese electronics components are from various countries. So the risk will be equally shared among those countries. Chinese are targeting traditional goods we produce here like pork, soybeans and other agrarian stuffs.

Plus there are shit loads of alternative for those goods, Argentina and Brazil produce sh1tload of agrarian stuffs. Hurting Chinese goods will definitely send lot of American producers under e.g apple and other Chinese manufacturing and American selling folks here.
Yeah, that's true and let's just hope it doesn't shed heavier loads on poorer economies on the African continent with their heavy imports-based economies.
Re: The 3rd World War Is Trade Economic War It Has Started by Kophschmerzen: 11:09am On Apr 08, 2018
IdeyFindWife:

Yeah, that's true and let's just hope it doesn't shed heavier loads on poorer economies on the African continent with their heavy imports-based economies.

African leaders are the problem of Africa, according to some school of thought in development economics, Africa need to strive for self sustainability instead of taking part in the global economy trade where the total contribution of all African countries is 2.5 percent.

And they are mostly muzzled by the known predators in the world trade arena. Y'all should just look up the chairman mao Chinese model of striving for self sustainability and leave the drama of world trade to the current players.
Re: The 3rd World War Is Trade Economic War It Has Started by Nobody: 11:29am On Apr 08, 2018
Fact !
Re: The 3rd World War Is Trade Economic War It Has Started by romme2u: 6:04am On Apr 10, 2018
Kophschmerzen:



America stand to lose more, because the Chinese electronics components are from various countries. So the risk will be equally shared among those countries. Chinese are targeting traditional goods we produce here like pork, soybeans and other agrarian stuffs.

Plus there are shit loads of alternative for those goods, Argentina and Brazil produce sh1tload of agrarian stuffs. Hurting Chinese goods will definitely send lot of American producers under e.g apple and other Chinese manufacturing and American selling folks here.

Trade statistics are highly problematic—we tend to fixate on the hundreds of billions of dollars of U.S deficits, when in fact a large percentage of that is U.S. companies assembling items nominally “made in China” and then selling them in America. The iPhone is perhaps the best example. It is treated as a U.S. import from China at its announced import price of more than $200, but as many economists have shown, only a fraction of that goes to China. The rest is distributed among global suppliers and Apple itself, but arcane “country of origin rules” make it seem otherwise. That is true for almost all products others than commodities and agricultural goods. Our current trade numbers reflect supply chains of the 1950s but how goods are actually made in the 21st century.

That is in part why China’s possible tariffs against U.S. commodities could hurt more than U.S. tariffs against Chinese goods: Our pork and soybeans are basically all-American, whereas a goodly portion of Chinese imports have parts from countries around the world sourced by American companies domiciled in the U.S.

The final problem with the tariffs is that China is the fastest-growing export market for American goods and perhaps the largest potential market for U.S. services. Those services include Chinese tourism to the United States and Chinese students studying here, whose economic ripple effects are surely under-reported (a Chinese student paying rent shows up in no trade number, for instance). And those numbers don’t include China investing tens of billions in the U.S. to buy companies with its surplus dollars, nor its trillion-dollar investment in U.S. bonds.

cool

making sense
Re: The 3rd World War Is Trade Economic War It Has Started by alabo1: 8:21am On Apr 10, 2018
Kophschmerzen:



America stand to lose more, because the Chinese electronics components are from various countries. So the risk will be equally shared among those countries. Chinese are targeting traditional goods we produce here like pork, soybeans and other agrarian stuffs.

Plus there are shit loads of alternative for those goods, Argentina and Brazil produce sh1tload of agrarian stuffs. Hurting Chinese goods will definitely send lot of American producers under e.g apple and other Chinese manufacturing and American selling folks here.

Trade statistics are highly problematic—we tend to fixate on the hundreds of billions of dollars of U.S deficits, when in fact a large percentage of that is U.S. companies assembling items nominally “made in China” and then selling them in America. The iPhone is perhaps the best example. It is treated as a U.S. import from China at its announced import price of more than $200, but as many economists have shown, only a fraction of that goes to China. The rest is distributed among global suppliers and Apple itself, but arcane “country of origin rules” make it seem otherwise. That is true for almost all products others than commodities and agricultural goods. Our current trade numbers reflect supply chains of the 1950s but how goods are actually made in the 21st century.

That is in part why China’s possible tariffs against U.S. commodities could hurt more than U.S. tariffs against Chinese goods: Our pork and soybeans are basically all-American, whereas a goodly portion of Chinese imports have parts from countries around the world sourced by American companies domiciled in the U.S.

The final problem with the tariffs is that China is the fastest-growing export market for American goods and perhaps the largest potential market for U.S. services. Those services include Chinese tourism to the United States and Chinese students studying here, whose economic ripple effects are surely under-reported (a Chinese student paying rent shows up in no trade number, for instance). And those numbers don’t include China investing tens of billions in the U.S. to buy companies with its surplus dollars, nor its trillion-dollar
investment in U.S. bonds.

Thank you for this astute analysis. Many commenting do not understand these. China can hurt america more as she is Americas largest potential market. In addition key American sectors like her automobile industry rely on the chinese market heavily. In the long term with her growing middle class and increasing spending power China will need america less while America will need China more.
Re: The 3rd World War Is Trade Economic War It Has Started by hisinkship(m): 3:01pm On Apr 12, 2018
I laff America they are rehearsing their fate Babylon the Great Rev 18vs1-24 special vs 18-19
Re: The 3rd World War Is Trade Economic War It Has Started by goldman777: 7:59pm On Apr 14, 2018
Trump is swimming in a river leading down a bottomless waterfall
Re: The 3rd World War Is Trade Economic War It Has Started by Fash20: 12:31am On Apr 16, 2018
cheesy
you mean Blackhole

goldman777:
Trump is swimming in a river leading down a bottomless waterfall

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