#Tag · bonfire.cafe

@yogthos@social.marxist.network · 5 days ago

Chinese economists published a study arguing that US-China trade is driven by a financialization-offshoring nexus. US multinationals offshore production to China to extract surplus value, then use profits for financial activities (shareholder payouts, tax avoidance) rather than domestic reinvestment.

This cycle makes reshoring US manufacturing nearly impossible, as financialization depends on continued offshoring.

https://www.aeaweb.org/conference/2026/program/1490

#usa #china #economics #tradewar

American Economic Association

Yogthos

@yogthos@social.marxist.network · 5 days ago

This cycle makes reshoring US manufacturing nearly impossible, as financialization depends on continued offshoring.

https://www.aeaweb.org/conference/2026/program/1490

#usa #china #economics #tradewar

American Economic Association

Yogthos

@yogthos@social.marxist.network · 5 days ago

China announced record export numbers for 2025, a year when US President Donald Trump's tariffs and trade policy caused turmoil in the global economy.

Beijing on Wednesday reported the world's largest-ever trade surplus - the value of goods and services sold overseas compared to its imports - at $1.19tn.

https://www.bbc.com/news/articles/c9wx1v84rzyo

#china #economy #tradewar

China announces record trade surplus despite Trump tariffs

Beijing reported the largest-ever trade surplus at $1.19tn as China diversified its trade.

Beardy Star Stuff 🏴🌹🇵🇸 boosted

TatTvamAsi

@JazzyKindaFella@zirk.us · 2 weeks ago

X (formerly Twitter)

View

TatTvamAsi

@JazzyKindaFella@zirk.us · 2 weeks ago

X (formerly Twitter)

View

Yogthos

@yogthos@social.marxist.network · 3 weeks ago

US trade dominance will soon begin to crack as savvy countries will discover there’s a way to mitigate the harm incurred by Trump’s tariffs—and it’ll boost their own economies while making goods cheaper too.

https://www.wired.com/story/us-trade-dominance-will-begin-to-crack

#usa #tradewar #economy

WIRED

US Trade Dominance Will Soon Begin to Crack

Savvy countries will discover there’s a way to mitigate the harm incurred by Trump’s tariffs—and it’ll boost their own economies while making goods cheaper too.

Yogthos

@yogthos@social.marxist.network · 3 weeks ago

China's zero-license policy is for all practical purposes, as a complete embargo on American access to Chinese tungsten.

The genius of this approach is its deniability. When Congressional staffers or trade officials or investigative journalists inquire about the status of tungsten exports to the United States, MOFCOM can truthfully state that no export ban exists.

https://substack.com/inbox/post/182671299

#usa #china #tradewar

WOLFRAM DOMINION

The Metal That Grants Permission to Manufacture

Yogthos

@yogthos@social.marxist.network · 4 weeks ago

China continues to restrict the rare earth elements that the US needs to produce its own permanent magnets and other products even after Trump reached a 'deal' with his Chinese counterpart in October to lift restrictions on the supplies, according to market participants.

the US industry remains unable to acquire the inputs needed to make those items on its own, a key priority for the administration.

https://www.bloomberg.com/news/articles/2025-12-24/us-rare-earth-buyers-still-see-china-curbs-despite-trump-deal

#usa #china #tradewar #technology #worldnews

Yogthos

@yogthos@social.marxist.network · last month

Trump's tariffs have successfully slashed US imports from China. However, China's exports are still hitting record highs globally. Its massive manufacturing base has pivoted with "breathtaking speed," flooding developing nations in Africa and South America with cheap cars, batteries, and technology.

China's global dominance is undiminished, proving its economic resilience and the limited impact of unilateral tariffs.

https://www.nytimes.com/interactive/2025/11/03/world/asia/china-exports-trump-tariffs.html

#usa #china #economy #tradewar #tariffs

https://www.nytimes.com

What Trade War? China’s Export Juggernaut Marches On

Yogthos

@yogthos@social.marxist.network · 2 months ago

Trump's tariff agenda is collapsing under economic reality. He has retreated from threats against China, Brazil, and others, while promised revenue is falling short of his $2,000 voter "dividend." His policy is proving ineffective and unpopular, forcing him to punch holes in his own tariff wall as he discovers the world's economy is not as he imagined.

https://www.ft.com/content/5fa74b26-8386-4d4a-bfdd-a775c3eab054

#usa #tradewar #economy #economics #tariffs

nullagent

@nullagent@partyon.xyz · 2 months ago

oh no, who could have seen -this- coming???

#MTG #Trump #Epstein

nullagent

@nullagent@partyon.xyz replied · 2 months ago

Ok great, fuck them pedos.

But also, how we get a no trade war vote?

Or better yet a no War With Venezuela Vote??

Or even better, a USA out of Gaza vote???

#trump #Epstein #venezuela #TradeWar #FuckTrump #FreeGaza

Yogthos

@yogthos@social.marxist.network · 2 months ago

This image says everything you need to know about the trade war.

https://www.nytimes.com/interactive/2025/11/03/world/asia/china-exports-trump-tariffs.html

#china #usa #tradewar #economy

This image presents two bubble charts comparing China's export changes between Q3 2024 and Q3 2025.

The first chart, titled "Countries buying less from China," uses purple circles to show decreases. The largest circle represents the United States, with a significant decrease of $38 billion. Other notable decreases include Russia (↓ $5 billion) and Brazil (↓ $690 million). Smaller circles represent declines from Mongolia, Mexico, Panama, Switzerland, and Iran.

A line of text separates the two charts: "But the rest of the world is making up the difference, buying more from China than ever."

The second chart, titled "Countries buying more from China," uses green circles to show increases. The largest increases highlighted are:
* European Union: ↑ $15 billion
* Hong Kong: ↑ $12 billion
* Vietnam: ↑ $11 billion
* Thailand: ↑ $5 billion

Many other green circles of various sizes indicate increases from other countries, including Japan, the U.K., Congo, U.A.E., India, Liberia, Taiwan, Singapore, Australia, and Argentina. — This image presents two bubble charts comparing China's export changes between Q3 2024 and Q3 2025. The first chart, titled "Countries buying less from China," uses purple circles to show decreases. The largest circle represents the United States, with a significant decrease of $38 billion. Other notable decreases include Russia (↓ $5 billion) and Brazil (↓ $690 million). Smaller circles represent declines from Mongolia, Mexico, Panama, Switzerland, and Iran. A line of text separates the two charts: "But the rest of the world is making up the difference, buying more from China than ever." The second chart, titled "Countries buying more from China," uses green circles to show increases. The largest increases highlighted are: * European Union: ↑ $15 billion * Hong Kong: ↑ $12 billion * Vietnam: ↑ $11 billion * Thailand: ↑ $5 billion Many other green circles of various sizes indicate increases from other countries, including Japan, the U.K., Congo, U.A.E., India, Liberia, Taiwan, Singapore, Australia, and Argentina.

https://www.nytimes.com

What Trade War? China’s Export Juggernaut Marches On

Yogthos

@yogthos@social.marxist.network · 3 months ago

Companies that went through the effort of shifting some of their production from China to India are deeply regretting it right now, as China ends up with lower tariffs than India.

Companies don't want to relocate out of China anymore because of "the instability and unpredictability of where tariffs might land in other markets."

Trump is managing an ironic feat of convincing companies that China is actually the safe, stable choice. 😆

https://www.nytimes.com/2025/11/02/business/economy/trump-tariff-deal-china.html

#china #usa #tradewar #economics

Mr. McMaster lamented the time he had spent on building up production in India. At least for the time being, he said, “I’m not going to spend any more energy trying to get out of China.”

https://www.nytimes.com

Will Trump’s Tariff Deal Tilt the Playing Field Back Toward China?

Yogthos

@yogthos@social.marxist.network · 3 months ago

Trump said on Friday the United States and Canada will not restart trade talks but Canadian Prime Minister Mark Carney apologized to him for an Ontario political ad using former President Ronald Reagan saying tariffs spell disaster. 😆

https://www.reuters.com/world/americas/trump-says-us-canada-will-not-restart-trade-talks-2025-10-31/

#usa #canada #tradewar

bhaugen boosted

William Lindsey :toad:

@wdlindsy@toad.social · 3 months ago

"So let’s be clear. Trump gave away our semiconductor technology and weakened our national security so that China would agree to buy fewer soybeans than before. As I said in my video report, 'That’s literally the art of the worst deal imaginable.'”

#Trump #tariffs #China #TradeWar #soybeans
/2

bhaugen boosted

William Lindsey :toad:

@wdlindsy@toad.social · 3 months ago

"Trump’s Treasury Secretary, Scott Bessent, went on Fox 'Business' to announce that China had agreed to buy 12 million metric tons of soybeans this season and 25 million tons per year for the next three years." Sounds impressive, until you look at the facts: under President Biden, China purchased 27 million metric tons of soybeans in 2024, more than what Trump just 'negotiated.'"

~ Ben Meiselas

#Trump #tariffs #China #TradeWar #soybeans
/1

https://www.meidasplus.com/p/thursday-afternoon-news-updates-103025

William Lindsey :toad:

@wdlindsy@toad.social · 3 months ago

"When Xi Jinping walked out of his meeting with President Trump on Thursday, he projected the confidence of a powerful leader who could make Washington blink.

The outcome of the talks suggested that he succeeded."

~ Lily Kuo and David Pierson

#Trump #tariffs #China #TradeWar #soybeans
/3

https://www.nytimes.com/2025/10/30/world/asia/china-trump-xi-trade.html

https://www.nytimes.com

The Art of Letting Trump Claim a Win, While Walking Away Stronger

William Lindsey :toad:

@wdlindsy@toad.social replied · 3 months ago

"By flexing China’s near monopoly on rare earths and its purchasing power over U.S. soybeans, Mr. Xi won key concessions from Washington — a reduction in tariffs, a suspension of port fees on Chinese ships and the delay of U.S. export controls that would have barred more Chinese firms from access to American technology."

#Trump #tariffs #China #TradeWar #soybeans
/4

William Lindsey :toad:

@wdlindsy@toad.social · 3 months ago

#Trump #tariffs #China #TradeWar #soybeans
/2

William Lindsey :toad:

@wdlindsy@toad.social replied · 3 months ago

"When Xi Jinping walked out of his meeting with President Trump on Thursday, he projected the confidence of a powerful leader who could make Washington blink.

The outcome of the talks suggested that he succeeded."

~ Lily Kuo and David Pierson

#Trump #tariffs #China #TradeWar #soybeans
/3

https://www.nytimes.com/2025/10/30/world/asia/china-trump-xi-trade.html