Trade Wars and Tariffs

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UT_Dutchman said:
What centers are closing/have closed? All I have seen close are some customer counters at UPS facilities.
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I think it’s been happening across the country at some places. UPS has built some big hubs that are automated. They are trying to close 200 by 2028
 
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The US has the high ground in this trade war ...

From the article:

Major ports and foreign trade provinces in China are showing the first signs of disruption from the ongoing tariff war between the world’s two largest economies.

Virtually no cargo ships were bound for the U.S. by Thursday from once-bustling ports in Shanghai and Guangdong, while operations at export factories in provinces that feed China’s export empire have ground to a halt, sources in the country said.

“Unless they are rolled back, the latest U.S. tariff hikes mean that China’s shipments to the U.S. will more than halve over the coming years,” Julian Evans-Pritchard, head of China economics at Capital Economics, wrote in a research note to clients.

He expects this will mean a collapse in China’s exports to the U.S. and a decline in the country’s gross domestic product by somewhere between 1.0-1.5%, depending on the extent of rerouting.

According to analysts at commodity and futures brokerage firm Huatai Futures Co., Ltd, a total of 26 voyages from China to the west and east coasts of the U.S. is expected to be canceled for weeks 16 to 19 or April 14 to May 11, with container capacity set to reduce by nearly 40%.

www.rfa.org

Shipments from Chinese ports slow as US tariffs bite

Businessmen in southern China report that containers are piling up in Shanghai, Guangdong.
www.rfa.org www.rfa.org
 
#3,420
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tvolsfan said:
It’s because tariffs are his only move. When it doesn’t work he has no idea what to do except threaten more tariffs and declare victory.
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tarriffs are NOT Trump's only move.

Moves Trump should make:

1) Trump can deny China access to US cheap capital markets



China actually owes US over twice than what US owes China and China is in default on paying it

2) Trump can seize Chinese treasuries for outstanding loans China owes US from early 1940's

at 1:25 mark in video below, countries in default on loans, as China, cannot access foreign capital markets but US has let this slide and Trump can stop it choking off China's access to cheap capital.

 
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jmacvols1 said:
tarriffs are NOT Trump's only move.

Moves Trump should make:

1) Trump can deny China access to US cheap capital markets



China actually owes US over twice than what US owes China and China is in default on paying it

2) Trump can seize Chinese treasuries for outstanding loans China owes US from early 1940's

at 1:25 mark in video below, countries in default on loans, as China, cannot access foreign capital markets but US has let this slide and Trump can stop it choking off China's access to cheap capital.

Click to expand...

Sure Jan

 
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zerohedge
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