China state media attacks Trump on trade in unusually harsh terms

 

FILE PHOTO: Chinese and U.S. flags are set up for a signing ceremony during a visit by U.S. Secretary of Transportation Elaine Chao at China's Ministry of Transport in Beijing, China April 27, 2018. Picture taken April 27, 2018. REUTERS/Jason Lee/File Photo

 

SHANGHAI (Reuters) - China's state media on Monday lashed out at the policies of U.S. President Donald Trump in an usually direct attack, accusing him of "starring in his own carefully orchestrated street fighter-style deceitful drama".

 

Trump's wish for others to play along with his drama is "wishful thinking," the ruling Communist Party's People's Daily newspaper said in an editorial.

 

The editorial said the United States had escalated trade friction with China, and turned international trade into "zero-sum game".

"Governing a country is not like doing business," the editorial said, arguing that Trump's actions imperilled the national credibility of the United States.

 

(Reporting by Andrew Galbraith; Editing by Michael Perry)

 

-- © Copyright Reuters 2018-08-06

4 minutes ago, webfact said:

 the editorial said, arguing that Trump's actions imperiled the national credibility of the United States.

I believe that ship has already sailed.

Maybe tRUmp can "bail-out" Chinese State Media with ~ $12 billion to get them to shut up?

 

 

7 hours ago, webfact said:

China's state media on Monday lashed out at the policies of U.S. President Donald Trump in an usually direct attack, accusing him of "starring in his own carefully orchestrated street fighter-style deceitful drama".

After two days of trade talks between the two countries in Washington last week, China agreed to “substantially reduce” the $375 billion annual trade surplus it has over the U.S. by buying more American goods, but there was no mention of any specific import and export targets in the statement agreed to by the two countries.

Republican Senator John Cornyn of Texas cautioned Wednesday that the United States needs to remain “steely-eyed” and make sure “China isn’t playing us for fools.”

https://www.voanews.com/a/trump-says-new-structure-needed-in-china-trade-deal-/4407562.html

Guess who's the fool?

General Bone Spur.

What does China know about business, they were commies until just recently. Don't trust them, they are deceitful.

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Hey President Xi.........feel the burn. Trumps in town and your BS ain't working.

1 hour ago, IAMHERE said:

What does China know about business, they were commies until just recently. Don't trust them, they are deceitful.

 

1

Mmm well, they sure learned very quick for a bunch of dumb commies .  Maybe that was Americas big mistake It was alright when they had nothing and were being invaded and ripped off for years and now they are doing just fine  America owes China a lot of money it borrowed from them  Be interesting

All is set for another nice global financial crash and crisis to spurge within a few years, so don't buy any property yet !!

 

And I'm sure Gordon Gecko would agree ??

 

1 hour ago, IAMHERE said:

What does China know about business, they were commies until just recently. Don't trust them, they are deceitful.

 

Anything is more trustworthy than trumpy and his american sheep... Even China!

 

9 minutes ago, JulesMad said:

Anything is more trustworthy than trumpy and his american sheep... Even China!

 

Yes yes of course, please go to china and criticize the chinese president, they will give you a room & a bowl of rice for a very long time .....  Please go 

Good job Trump, it's about time someone tried to get America a fair deal. Our incompetent politicians have been costing us hundreds of billions of trade deficits for years now. If tariffs are so bad then why won't you drop yours China? China only respects free trade when it benefits them.

18 minutes ago, vinegarbase said:

Good job Trump, it's about time someone tried to get America a fair deal. Our incompetent politicians have been costing us hundreds of billions of trade deficits for years now. If tariffs are so bad then why won't you drop yours China? China only respects free trade when it benefits them.

Two ways to narrow the trade deficit:

1) Make China buy more (but then you have to produce something they actually want) or

2) Buy less. And therein lies the problem. The US consumes too much so it has a trade deficit with nearly every other country (and an unsustainable debt on top). Tariffs are not going to solve that.

 

Is this too simple or is it basically right?

6 hours ago, vinegarbase said:

Good job Trump, it's about time someone tried to get America a fair deal. Our incompetent politicians have been costing us hundreds of billions of trade deficits for years now. If tariffs are so bad then why won't you drop yours China? China only respects free trade when it benefits them.

If a country has big budget deficits it's going to buy more from abroad than it sells abroad. So if you cut the trade deficit with China, it will only increase with other nations. I call that foolish but apparently you believe that should be called progress.