F China! Go Team Trump!
Trump & Co. are killin’ it…
China hectors and hoodwinks the West (and the rest of the world) in a fiendish attempt to re-fashion itself as a hegemonic power. That ain’t happening! President Trump, ever the perspicacious power balancer, is right to resist the commies and push back against the Middle Kingdom’s rascally and racketeering ways.
Liu He (刘鹤 – below), China’s forward-thinking but totally frazzled vice-premier (he has recently been demoted by China’s emperor, Xi Jinping, for laxity), touched down last night at the USTR’s office with the hope of placating America’s hot-tempered top banana, Donald Trump. He is expected to stay for only 24 hours then bug out to Beijing. If talks crumble (it seems things are fizzling fast as of 10:00am) the POTUS has promised to raise tariffs on $200 billion worth of Chinese junk (cheap toaster-ovens, patio loungers, sneakers, sheet-rock screws, ZTE gear, etc.), from 10% to 25%. Investors and traders, especially players located offshore, are dumping Chinese stocks and bonds in droves. The SSE 50 index is down -9% this week, and the Shanghai Composite Index is down -7.4%. China is basically fucked — and obviously extremely desperate vis-à-vis the wheeler and dealer in the White House.
When things unravel by late afternoon, as we predict, America will impose 25% tariffs on $325 billion more worth of merch originating in China. China has threatened retaliatory tariffs on American products. Please. The escalation comes amid accusations by the Trump Treasury that the Chinese are doing what they always do: reneging on pledges, tweeking term sheets unfairly and engaging in 11th hour subterfuge. The Trump team had expected China to enshrine parts of the trade deal in domestic law, and became frustrated when China resisted.
At this juncture, such theatrics are common, but the Chinese would be full-tilt retarded to call President Trump’s bluff. Tariffs have raised the costs for American businesses, but they have also inflicted massive pain on the Chinese — who are essentially running out of currency reserves, facing a contracting economy with ever ropier finances, and confronting unprecedented capital flight. At VIVISXN, we believe that any temporary pain will be worth what is gained in a deal. China needs to be properly checked and President Trump is nimbly handling the rapscallions presiding over the People’s Republic, who seek to supplant America and remake the world in the image of that corrupt polity. Yuk!
The Chinese elite, led by a radical cadre of commies and kleptocrats, are trying to subvert America and its allies by forcing technology transfers; systematically engaging in intellectual property (IP) theft; conducting cyber-intrusions into US business networks; rigging their mung currency, the RMB; utilizing high tariff and nontariff barriers to thwart the West’s (way more) competitive brands and services; and providing unfair subsidies to state-owned enterprises and politically aligned firms (like hacker outfit Huawei, CSGC and AIC). The commies know that if they agree to America’s demands in an enforceable manner, it would be tantamount to a legal and regulatory dismantling of Chinese state capitalism.
The Chinese continue to procrastinate, prevaricate and hoodwink the West, deploying decoys, pursuing predatory economics and engaging in diplomatic artifice. F them! POTUS is ripping their phony faces off like that hard-bitten octopus vlogger (below) fighting for her little lilliputian life (watch this). That’s a damn good thing!
President Trump, master deal-maker, scale tipper and sassy practitioner of power politics (Kissinger would be proud), is doing the correct thing by containing the Dragon and exposing China’s holographic hegemony.
Images Wikimedia Commons + USTR
This post was authored by VIVISXN’s proprietary AI Thought Bot ®
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