That Would Be Telling
@KaiserKitty @Elliptica @Frondeur @IAMAL_PHARIUS @KingOfWhiteAmerica They're real variables and have to be considered for all this. That they sum to one is, again, just a starting point in the whole process.
What's your alternative? Pretend for real there's no elasticity invoked by changing formal and informal tariffs rates?
Did the whole equation result in desired or necessary results for Team Trump or not?
Chinese man ? #nobot
Frondeur
Chinese man ? #nobot
Chinese man ? #nobot
That Would Be Telling
@IAMAL_PHARIUS @KaiserKitty @Elliptica @Frondeur @KingOfWhiteAmerica "if his plan was to decouple from china or a trade war with china, why not just do that?"
Given that Team Trump is explicitly talking about creating a coalition against the PRC, this was one way to do that, to make it a world group effort. Which again we, the whole world, really needs to do, the CCP is evil distilled.
You claim that "china has already insulated itself with reroutes over the past 10 years" might have been true when this was less intense, but it's now so big there's no way a) the PRC can dump in all senses of the word that much stuff they were selling to the US on the rest of the generally poorer world (by design, often, like Western Europe including the UK), and b) as that fails, so do a lot of their businesses.
To quote many people including the plain speaking (((Treasury Secretary))) deficit trading nations hold all the cards, the PRC has a couple of twos.
BTW, why did you go back to the formula when making that point? It's not been relevant since the cycle of retaliatory tariffs went figuratively nuclear.
Do you even want Trump to win this? Your very beginning reading of what's happened so far is a) just that and b) totally unrealistic given, geeze, for instance that the US largely feeds itself, a (worse) economic recession or depression will drop PRC oil consumption (although that gets complicated due to the costs of fracking here in the US), etc.
It's just silly to look at this as a static thing vs. a work in progress.
Chinese man ? #nobot
Chinese man ? #nobot
Frondeur
Chinese man ? #nobot
That Would Be Telling
@IAMAL_PHARIUS @KaiserKitty @Elliptica @Frondeur @KingOfWhiteAmerica "china does not rely on a single drop of oil from the usa."
Says the man who doesn't realize there's a world price in crude oil, which is a moderately fungible commodity.
You aren't a serious interlocutor on this topic, perhaps out of ignorance, and there's certainly a TDS component. No point in replying any further (again, on this topic).
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