Chinese Trade Bluster – A Miscalculation?

Posted May 6th, 2019 by Iron Mike

Trump’s apparent resolve to impose long-threatened tariffs on certain Chinese goods seems to have Chinese President Xi in the mood to call his bluff.  Stock markets in China and the US have taken notice….

The stock market has always been a lousy indicator of American resolve,  – and this American President understands that we cannot keep on funding the Chinese military buildup with our trade imbalance,  – and the theft of American intellectual property.  UPDATED:

Somebody in China will be executed!

Whoever told President Xi that the Americans would cave, – will likely pay with his (her?) life. The American markets came back – almost breaking even today.

Somebody in China has to die – so Xi doesn’t lose face.

Here, skittish investors sold off,  – and bargain hunters came swooping in to feast on the cadavers.

Had this happened back under Obama – he would have been on the phone to Xi – three times….pleading for a deal.

But these aren’t the bad old days…..

3 Responses to “Chinese Trade Bluster – A Miscalculation?”

  1. Kojack

    Unfortunately, the “president” for life knows that all he has to do is wait out the Trump administration and things will go back to the pre-Trump U.S. – China business relations.

  2. Leonard Mead

    Yeah, the stock market will sag in the short-term. But that’s gonna be a head-fake.

    Past presidents of the USA are NOTHING like Trump.

    China’s days of stealing our jobs, our money, and our technology will be coming to an END.

    Buy on the dips.

    Len Mead
    Unwashed Optimistic Conservative

  3. Varvara

    Every Friday the stocks close high. Every Monday the stocks open low. I have watched this for years.