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   alt.politics.economics      "Its the economy, stupid"      345,374 messages   

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   Message 345,155 of 345,374   
   stu to All   
   Trump's Hardball Strategy Is Forcing Chi   
   27 Apr 25 04:10:38   
   
   XPost: alt.politics.trump, alt.fan.rush-limbaugh, sac.politics   
   XPost: alt.society.liberalism   
   From: none@excite.com   
      
   Remember when the liberal media told us Trump's trade war with China would   
   destroy the American economy? Well, guess who's quietly waving the white   
   flag now? While the mainstream media is busy chasing its latest Trump   
   conspiracy theories, China is desperately trying to save face as it backs   
   down on key tariffs.   
      
   In a move that has Beijing's propagandists working overtime to spin,   
   Chinese officials are quietly rolling back tariffs on American   
   semiconductors. They're even considering dropping duties on medical   
   equipment and other vital U.S. exports. Funny how all those dire   
   predictions about Trump's trade policies destroying American prosperity   
   turned out to be nothing but hot air from the usual suspects.   
      
   China has quietly exempted some semiconductors from tariffs, and is   
   considering more exclusions for certain US industries as the world’s two   
   largest economies attempt to navigate a trade war with potentially   
   devastating effects, according to reports.   
      
   Taxes on at least eight classifications of US microchips have been lowered   
   to zero, a huge drop from China’s 125% retaliatory tariff on all other US   
   goods, Caijing, a Chinese financial magazine, reported on Friday.   
      
   Though the article was later deleted, two importers confirmed that certain   
   semiconductors have been spared from the hefty duties, according to The   
   Washington Post.   
      
   Chinese officials are weighing further exemptions on medical equipment and   
   some industrial chemicals like ethane, sources familiar with the matter   
   told Bloomberg.   
      
   China blinked because it had to. While Democrats were busy wringing their   
   hands about Trump's "dangerous" trade policies, the former president   
   understood what the Ivy League economists didn't: China needs us way more   
   than we need it.   
      
   “Shark Tank” star and famed entrepreneur Kevin O’Leary pointed out during   
   a recent appearance on Fox Business that the United States has tremendous   
   leverage over China because the United States is the largest market in the   
   world.   
      
   In the public eye, however, China has appeared resistant to de-escalating   
   heightened trade tensions, claiming that trade talks with the US haven’t   
   even started yet after Trump indicated that lower rates on the nation are   
   in the works. The nation called for the US to revoke all “unilateral”   
   tariffs.   
      
   Later on Thursday, Trump said that the White House has been meeting with   
   Chinese officials, claiming there had been a meeting that same morning.   
      
   Shares in Asia soared and the yuan erased losses after news of the   
   potential exemptions circulated.   
      
   “It’s another step toward a de-escalation of the trade war,” Kok Hoong   
   Wong, head of institutional equities sales trading at Maybank Securities   
   Pte, told Bloomberg.   
      
   While most believe it’s unlikely that US-China tensions will ease quickly,   
   “it would appear the worst may truly be over,” he added.   
      
   Neither Beijing nor the US want to be the first to blink in the trade war.   
   But China’s exemptions indicate the nation is concerned about layoffs and   
   factory closures slamming their snail-paced economy.   
      
   Trump's hardball approach worked. While Biden spent four years cozying up   
   to Beijing, Trump's tariffs remained like a sword of Damocles over China's   
   economy. Now it's starting to crack, proving what conservatives have said   
   all along — the only language China's communist leadership understands is   
   strength.   
      
   Here's what the media won't tell you: This isn't just about tariffs. This   
   battle is about America reasserting its economic dominance and making   
   China understand that the days of taking advantage of American workers are   
   over. Period.   
      
   https://pjmedia.com/matt-margolis/2025/04/25/trumps-hardball-strategy-is-   
   forcing-china-to-fold-like-a-paper-tiger-n4939247   
      
   --- SoupGate-DOS v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)   

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