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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (144606)	12/11/2018 8:25:01 PM
From: louel	Read Replies (1) \| Respond to of 218393

What you say could be well true. But one must take into consideration The US is still the bread basket of the world. ans as of yet is home to the reserve currency. China's prosperity was built on it's trade with America. At a cost to America of over $550 billion a year in trade deficit a losses of tens of thousands of American manufacturing jobs being transferred to China. Higher tariffs on US imports from China will reduce some of those purchases. With some equalization in pricing Westerners might just as well purchase western manufactured products. If things got nasty, the US could also encourage American corporations to locate Latin American countries where costs & regulations are also low, diverting them from China. To countries where the US pays Millions in foreign aid each year. Creating jobs there instead of China would allow for cutting some of those foreign aid payments. And would certainly not be of benefit to the Chinese economy. Allowing animosity to direct policy between the two countries, is a double edged sword on which Neither leader wishes to fall. I believe they will be forced to work out an amiable agreement. Present actions is posturing for more serious negotiations China warns Canada of serious consequences. But I don't see any intention of suggesting with drawl of the $1.86B purchase of Nevsun Resources. (NSU on the TSX) Nor is there any indication of selling vacating it's $15.1 Billion ownership of Nexen by Chinese state-owned entity CNOOC Ltd (0883.HK). These countries are too financially involved with each other to be free of risk or damage to themselves, in an all out trade war. However their bickering seems to terrify many. Negotiation is the process of melding contrary points