China targets U.S. agricultural products over Trump tariff threat: report

China has no trade leverage as they're the ones with the trade surplus at growing risk!

It was pretty obvious that this would happen. Pretty much the only thing China imports from the US is agricultural products. It's a huge market, but China has other sources such as Australia and India. Not to say that it won't have an impact, but China can punch pack. Whether that is wise is a different story.

Having learned something from Trump 1.0 in order to prepare for a possible Trump 2.0 China's largest trading partners today are ASEAN followed by the EU. Checkers, chess, Weiqi reference insert here.

China has been stockpiling massive amounts of grain, rice and soy for years now. Bring it on Beijing.

Pretty much the only thing China imports from the US is agricultural products.

Nope. Oilseeds and grain are the top export but not the only heavy hitter. The number 2 export are semiconductors. Number 3 is oil and gas. China buys both refined and unrefined oil products and an increasing volume of LNG from the Gulf Coast. Number 4 are pharmaceuticals. Number 5 are basic chemicals.

Total US exports are around $150 Billion. Oilseeds and grains are about $25 Billion of that. The next three each account for about $11 Billion.

China could screw the US hard by refusing to buy Boeing jets and forcing Boeing to leave their final assembly facility in Zhoushan.

Every country on earth, beside Russia, will black list the US market. The US first will become the US only!

Do you feel great now?

China's going thru massive property bubble and demographic collapse, Japan 2.0, they NEED trade more than ever, hence the CPP panic

HopeSpringsEternal

The American people are panicking right now; not China. They have many others options to choose from, not like the American people that must live with the shame during 4 years!

china and other countries have plenty of leverage. china can stop shipment of titanium. it produces more than the entire rest of the world combined. try building planes without titanium, let alone engines and other mechanical parts.

if trump tries to carves out tariffs on potash from canada, canada can raise the price of it by 25% anyway and use it offset loses in other goods. what is it, 90% of u.s. potash comes from canada?

farmers have no choice. spring is close and without it, crop yield drops off a cliff. you think eggs are bad now, try supermarkets looking like the soviet union of old - bare shelves.

not without fertilizer you don’t. think about it.

china is going to do absolutely NOTHING to stop the Fentanyl, not any more than Husain did to stop Capticom flowing throughout the Middle East.

Who do you think sells the chemicals in BULK to ANYONE that has the money

American addicts are china’s bread and butter

They want all the addicts they can get, and at the same time,

the flush continues for the US.

Once you alienate ex-friendly country the US will be left with Russia to make any business. US-Russia, the new axis of evil (include North Korea for a full membership).

Every country on earth, beside Russia, will black list the US market. The US first will become the US only!

Complete nonsense.

Afraid China's a full-blown economic dumpster fire now, nobody having kids, everyone saving, because nobody believes in future etc. America exact opposite, optimism and confidence much higher now than pre-Nov 5th.

Xi and CCP need US markets not vice-versa, DJT is causing massive capital flight out of China etc.

Just curious, how do you square your statement with Trump saying that he wants a good relationship with China and invites Chinese investment in the USA.

Xi and CCP need US markets not vice-versa, DJT is causing massive capital flight out of China etc.

Complete nonsense.

It is the normal reaction to a bully like trump.

deanzaZZR

Nothing make sense when it come to trump.

I still don't get Trump's obsession with tariffs. Either the importer on the U.S. side will bear the brunt of the cost, or they will pass it on to the consumer. In the end, someone on the U.S. end has to pay more. Yes, maybe a smaller economy like Mexico and Canada could be hurt, but China is the one country that could go toe-to-toe with the U.S. China has way more trade with other countries outside of the U.S. It also can take away some of the trade partners that the U.S. used to have after Trump's alienation with other countries. Other countries that now don't trust business with the U.S. because of Trump's allegiance to Putin, would be more than willing to do business with a more friendly deal with China.

The world needs a leader. Someone stable, democratic and well respected around the globe. Sadly the nation most often looked to as world leader is unable and unwilling to lead.

IF the EU can unify and bring cohesion they may be the only viable option available. A long shot at best as the EU nations love to bicker and jostle for position with Europe.

There seems no logical successor to the number one economy, number one military and that is the scary realization. It is going to become a madhouse and that could mean a succession of conflicts all around the world, for resources, power and wealth.

Going from a stable world order with rules and guidelines to one of anarchy, butchery and destruction, seemingly more likely to happen.

Batten down the hatches and get yourself ready to flee and or fight. Its going to find you no matter where you go.

Oh great, Trump is going to have to bail out the farmers because of his own policies again. 16 completely avoidable billions last time, and how much now? Can't wait to find out.

The world needs a leader.

They have them.

Someone stable, democratic and well respected around the globe. Sadly the nation most often looked to as world leader is unable and unwilling to lead.

Each country has its leader, we don’t need one world leader, this is the reason why we have these conflicts, everyone for themselves and we can on occasion work together, but there is no one leader, no need

IF the EU can unify and bring cohesion they may be the only viable option available. A long shot at best as the EU nations love to bicker and jostle for position with Europe.

Not so sure about that, Europe will have to match the U.S. military defense budget and make itself as powerful as the U.S. and Europe is and will never do that. They will never get rid of their entitlement culture

There seems no logical successor to the number one economy, number one military and that is the scary realization. It is going to become a madhouse and that could mean a succession of conflicts all around the world, for resources, power and wealth.

Money rules everything, always has and always will.

Going from a stable world order with rules and guidelines to one of anarchy, butchery and destruction, seemingly more likely to happen.

Then Europe needs to get leaders that will put their people and their self-interests first

They will never get rid of their entitlement culture

You don't know anything about Europe, do you?

@Peter14 Your worship at the Lincoln Memorial is both admirable and confusing

Give me multipolarity any day. Lift up the Global Majority.

Bwahaha!! Some Americans basking their own inflated sense of superiority. The rest of the world (except Russia, I guess) can do just fine without the US.

Then why don’t they cut themselves off from the U.S.? Why won’t they?

Maybe better, actually, when I come to think of it.

I think so as well, but they won’t. European banks rely on U.S. dollar funding, especially for global trade and investment. The U.S. Federal Reserve has provided dollar liquidity to European banks in times of crisis (e.g., 2008 financial crisis, COVID-19 pandemic).

Many European companies raise capital in U.S. stock markets, and Wall Street plays a major role in global finance.

You don't know anything about Europe, do you?

On the contrary

deanzaZZRToday 04:56 pm JST

Give me multipolarity any day.

Well yes, you would love for China to be a pole. It will always be a middle income pole, though.

deanzaZZRToday 04:56 pm JST

@Peter14 Your worship at the Lincoln Memorial is both admirable and confusing

Sorry but never been there and I am not the type to worship.

Multi polarity simply condemns half the people to be forced to live under evil leaders and get little to no say in their own country. I prefer the free world with Democracy, rules and order being the glue that ensures respect and freedom are the goals of all, for all.

You never did see Star Trek did you?

Every single show, movie.

Neither will Japan. And you will not be touching the entitlement culture in the US, no matter how much you jump up and down.

Japan is not China, focus

If that were true China would be the most powerful country in the world.

Not really, we have more patents than they do, we create and innovate things, China copies them

They will,

So who then,

but Trump's US = out on rear.

Anyway, that’s all that counts for us, and Europe can’t change that.

The government of China will never play or conform to a rules based, treaty agreement international law.

The manner, even the most basic human rights are simply ignored.

Hong Kong, Taiwan, any sense of criticism, the refusal to offer any assistance to cooperate in the search for the cause of a pandemic, that took the lives of millions.

The Government of China has a evidence based proven history of weaponizing controls, to influence pricing, financing, purchase of trade imports, to steal/target key industrial domination.

To insist on technology transfer, to offer market access.

The theft of intellectual property, from companies, product development research.

President Trump/JD Vance, like them or otherwise, must pursue a full implementation of tariffs, also quotas, every sector.

Apparently you missed the $1 billion dumped into the Harris campaign. You also apparently missed Musk dumping tens of millions of dollars every day into the Trump campaign. Of all, for all. oops

 I prefer the free world with Democracy, rules and order being the glue that ensures respect and freedom are the goals of all, for all.

Unfortunately, I do agree with you on this. The US was a reliable partner and ally that could be trusted until now;

Cash cow, yes, we were

that is definitely no longer the case,

What a relief

and I do hope the EU doesn't miss this opportunity to indeed distance itself from the US..

I wish that as well, but it won’t happen

hope the EU doesn't miss this opportunity to indeed distance itself from the US..

yes please!

pay for your own proxy wars and fund your own security guarantees for your own neighbors.

DJT can't help Xi and CCP, can only help themselves by permitting more US investment, as reciprocal tariffs will greatly reduce bi-lateral trade, especially as multinational corps continue to reduce China based supply chain exposure.

Europe and Asia are already largely in a recession, though nobody will say so of course. Meanwhile massive pools of capital moving into US from abroad, for lower regulations, taxes, cheaper energy and talented workers.

Trump tariffs working, as you can't ignore +25% of the world's economy with +60% of global stock market capitalization, best technology and energy abundance.

I sure hope it does, so Europe can move away from American defense contractors (NATO countries are the main buyers, by the way) and shift the business to European manufacturers. They could eliminate Boeing and exclusively purchase from Airbus –

Again, they could, but Boeing being the workhorse it is, I don’t see that happening.

that would be an easy choice. Sounds to me like Europe has been a cash cow as well.

Then cut everything off, why they don’t?

Yeah all this talk about what they could do, but no actual doing. Why is that?

I still don't get Trump's obsession with tariffs. Either the importer on the U.S. side will bear the brunt of the cost, or they will pass it on to the consumer. In the end, someone on the U.S. end has to pay more.

It tends to be both - the exporter has a drop in demand and sells less at a slightly lower price, and the end consumer pays a higher price.

Basically, everyone loses with trade barriers which is why the world has been moving to freer trade over the decades.

Yeah all this talk about what they could do, but no actual doing. Why is that?

Because trade wars are stupid and the best way to promote increased wealth and prosperity for all is to promote free trade.

But free trade must be 'fair' trade, hence reciprocal tariffs, otherwise why trade? Unfair trading partners can pay up to gain market access, because they're not providing market equal access to their markets.

Something tells me DJT and his economic team of billionaires knows a thing or two about trade and business. Not typical Govt. types collecting paychecks.

DJT reciprocal tariffs will be a huge windfall for US Govt. and/or spur lower tariffs abroad for US business to gain entry and reshoring of production to US, generating jobs, investment and taxes. DJT = Common Sense!

Unfortunately, I do agree with you on this. The US was a reliable partner and ally that could be trusted until now; that is definitely no longer the case, and I do hope the EU doesn't miss this opportunity to indeed distance itself from the US..

So you are the usual hate the President so I hate the entire country type. I see!

During Trump 1.0, China cut back on agricultural imports from the US and encouraged imports from Brazil. This had the unfortunate side effect of encouraging the cutting down of large parts of the Amazon rain forest. For a few years the land in Brazil was productive, but then the thin top soil was used up, and the world is left without parts of the rain forest, and a growing desert.

I do wish Trump would go back under the rock he crawled out from.

Tariffs are paid by the importing company or customers of the importing companies. In other words, American companies and American customers.

To put it in extreme terms, the United States is a country that can meet all of its needs domestically, but that is not the case for China.

China has long since become an importing country, both in terms of food and energy.

It is clear that this will be a battle that China will find difficult.

Trump had high tariffs on China in 1.0 and very low inflation, over 3x lower than Biden Admin inflation.

Trump's going to MAGA by making trade partners either open up their markets with lower tariffs to match US tariffs, invest in America to produce, or PAY UP!

Most risk, EU and China, firmly in DJT Tariff 'Cross-hairs'

https://www.newsmax.com

This is not a valid news source.

LOL China agriculture is trashed. The people will not eat anything the farmers grow, its full of chemicals. China has the highest cancer rate in the world go figure. From vegetables, to baby formula with saw dust in it to sanitary napkins with roach larvae and rat poop everything is tainted. This is why the Chinese tourist when they arrive in Japan empty suit cases they raid the stores and clean them out. The people don't trust each other, its corrupt on all phase of life.

“ Yet another reason for the tariffs -- to get overseas companies to open up shop in America, to produce goods in America, and (naturally) to create jobs in America.”

i know this may be too deep for some people, but try to follow. producing goods in america will increase prices. increase in prices causes something called “inflation.”

How are those egg prices that Trump promised to bring down on day one, America? Things are SO bad now that the US is considering importing eggs to ease the costs a little. Well, I hope whoever decides to sell to the US adds a whole lot of extra costs on doing so.

China is a huge country. Seems like they could grow their own food, if they stopped chemical dumping every where and cleaned up the land, lakes, rivers and nearby ocean. How many wild birds safely live in mainland China or were they all over hunted?

Eggs are a minor expense for most people in America. They are still less than $1 ea and we spend more on a single coffee than the normal American spends on eating eggs each week.

If the CCP keeps going in their dictatorship direction, completely disengaging with China on trade is only reasonable long term for the US. Don't give your enemy money, if you can help it. China needs to join the rest of the civilized world in fighting criminal enterprises and support 2-way cross-border police investigations and extraditions. Since 2018, it is actually illegal for anyone in China to help.

ICJA Law, enacted in October 2018, prohibits individuals and organizations in China from providing any evidence or assistance to foreign criminal authorities

China doesn't help any foreign criminal investigations. That needs to end.

Cutting off food might cause some hardships. There are some food species that the US exports to China (and Japan), which don't have much of a domestic market. River eels are an example. Very few Americans like river eels, but I understand they are loved in China/Japan. https://www.npr.org/sections/thesalt/2012/04/11/150361892/fishermen-net-gold-in-silvery-eels-sold-to-asia

Someone should have told Trump a trade war tends to be a losing proposition. Starting a trade war with basically the ENTIRE WORLD AT THE SAME TIME? That's Trump 0.2

PS, to the person citing the other things than meat and grain that China imports from the United Hates of America, China has been working on indigenizing the full chip making process for years, more electric vehicles and carbon free power generation can replace the fossil fuel imports from the US, pharmaceuticals can be moved to bolster the Iran/Cuba partnership started by Covid...

“ Blacklabel Mar. 3 06:35 pm JST Yeah all this talk about what they could do, but no actual doing. Why is that?”

informed people know that china just restricted exports of critical minerals and metals that are the heart of american technology, including gallium, germanium, and antimony to the United States entirely. and even tungsten.

no, the u.s. doesn’t have them or the ability to source them near enough to keep making things like chips and cars and planes and metal parts.

and titanium is next. since china produces more than all of the world together, the economic pain in the u.s. will be excruciating.

tariffs on things doesn’t have to be reciprocated on similar things.

the lack of depth of thought by trump cheerleaders is staggering and frightening.

parroting fox and newsmax goofballs with the iq of bedroom slippers is endangering the very survival of the country.

Hit them hard Mr China.

I am not pro China, I am anti trump.

And what Chinese products does the U.S. target?

Just kick Boeing out of China market, the Chinese airlines will flying Airbus and C919 only. We don't want to do that to our Boeing friends but Trump is a crazy man who likes disrupting normal trading order by playing trade war again and again with his mouth full of nonsenses about China taking advantage from America!

Hit them hard Mr China.

I am not pro China, I am anti trump

Which equates to anti-U.S.

I am not pro China, I am anti trump

Which equates to anti-U.S.

Were you anti-Biden? Yes or no.

Were you anti-Biden? Yes or no.

I’m pro-U.S. not pro-globalist, therefore, I’m anti-Biden

I’m pro-U.S. not pro-globalist, therefore, I’m anti-Biden

You don't know what you are. Find out why the Allies created the UN, World Bank, IMF and Common Market after WWII. It was to prevent the incessant wars that tormented the world by uniting people in commerce and prosperity. Guess what? For Europe it largely succeeded. But now that people are comfortable and comparatively wealthy the lesson seems forgotten and too many are eager to toss those institutions aside. We will all pay dearly for this short-sightedness.

China is a huge country. Seems like they could grow their own food, if they stopped chemical dumping every where and cleaned up the land, lakes, rivers and nearby ocean. How many wild birds safely live in mainland China or were they all over hunted?

Too much of their arable land has either been lost to desertification or paved for their ever expanding cities. About the only way China could grow its own food is to move to indoor vertical farming in a very big way, but that requires enormous amounts of electrical energy. China is doing that to a degree with pig farming in high rise structures near cities.

Yet another reason for the tariffs -- to get overseas companies to open up shop in America, to produce goods in America, and (naturally) to create jobs in America.

Brazil and Argentina tried that in decades past. What happens is firms produce their best product for the world. When that product is replaced by something better, the old worn out tooling for the previous generation was moved to Brazil and Argentina. The Brazilians were making 1970s Dodge Darts and VW Beetles into the 2000s.

The fact is the US market is not often large enough to make a stand alone plant just for the US economical. Instead the US will get last decades stuff after the tooling is paid off and moved to the US. The US will get the old tired out of date product while the rest of the world gets the best and newest tech.

Like it or not, we’re all dependent on one another. You can’t runaway from the world and just shut yourself off. The fact is, everyone does better when we cooperate with each other. So anti-globalists just end up hurting themselves when they run away.