What Happens During A Trade War..

... and back on topic

"Official news agency Xinhua on Tuesday accused the United States of "using underhanded means to achieve its aim" and "downright bullying" in an editorial.

If the US thinks it "can achieve its goals with trade bullying, it is really underestimating the will and determination of the Chinese people to defend their core interests," the editorial said."

China's state media hits back at US on trade | Daily Mail Online

 

OK, so nothing positive to report on Oz property or this topic

 

Who cares, seriously .....

This....The bully calling out the bully, very amusing, and something you see in school yards.

 

Not in this thread that is about the trade war. But my properties are going lovely, thanks for asking

Back on topic - if this was bought into play, the US would be on it's knees for generations:

How Much Does the US Owe China?

"The U.S. debt to China is $1.13 trillion as of February 2019. That's 28% of the $4.02 trillion in Treasury bills, notes, and bonds held by foreign countries. The rest of the $22 trillion national debt is ownedby either the American people or by the U.S. government itself."

 

Not seeing it yet, but interested in what others have to say???

 

Scary stuff

How’s Australia’s debt going? I think it will increase if Labor gets in, they make a sport of this

Back to topic

 

China will simply make long term (as in decades) trades deals with other countries that specifically exclude the US - could be very positive for Australia - the US might find itself very much out in the cold before long, with no way back in.

The Chinese government talks and thinks in terms of centuries - not short political cycles

 

Not as nifty a link as the US one:

Australia Total Gross External Debt | 2019 | Data | Chart | Calendar

 

Be interesting to see whats happens here.
GDP currently healthy

I expect continuing roller coast ride on US stock exchange

 

Fingers crossed

Australia could lose big in US-China trade deal – not that Trump cares

 

As they say its complicated


How Australia could lose out as trade war intensifies

 

I don't think it's anything to worry about for Australia,dollar value wise it may be depending on who wins the election ..
President Trump Issues Executive Order Seemingly Aimed at China and Huawei

 

Do you mean AUD, its already hit below 70, taken a hammering, but really sure whether this has to do with Tariffs, or more to do with the weakening of our economy??

 

Yes the Australian Dollar ,maybe after the election it may recover ..
The economy will be the next problem,the margin of safety theory never works under labor..

 

Anyone with commonsense could've told Trump that a Trade (financial) war against China would never work. He's so used to bullying or intimidating to get his way - he's never come up against "someone" more powerful and determined than him.

China is indicating it'll never give in to US demands to change its state-run economy

 

This is facinating

Who needs who more??????
Me thinks US may Trump this one.... pardon the pun

 

Watched the video and wasn't overly impressed. He kept talking about Trump as a "fighter" as "paying down his debt" and a lot of other subtle Trump-loving comments that we know are not true - and a quick google shows that he has been a long-term Trump biased fan. The reason China imports so much to the US, is because the consumers want the products that China produces (and the US doesn't).

We'll just have to wait and see - but atm the tariffs are hurting the US consumer and farmer a lot more than hurting China

China will become the world's largest economy by 2030 while India will surpass the U.S. | Daily Mail Online

... and this is the elephant in the room

"China is the biggest holder of U.S. government debt."

China trade war: What else could Chinese do to hurt US without tariffs