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Now that we have a new thread, in order to ensure that this thread continues to meet TL standards and follows the proper guidelines, we will be enforcing the rules in the OP more strictly. Be sure to give them a complete and thorough read before posting! NOTE: When providing a source, please provide a very brief summary on what it's about and what purpose it adds to the discussion. The supporting statement should clearly explain why the subject is relevant and needs to be discussed. Please follow this rule especially for tweets.
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Trump appears to be admitting to his Roy Cohn-style worldview of unethicality here. He thinks that when America's enemies come calling to help him win against his Americsn electoral opponent, he should side with our enemies.
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On June 13 2019 09:19 Gorsameth wrote:
Its a case of seeing a result from what Trump is doing and then building a narrative around that result being the plan all along.
Yup, Trump is a super perfect mega genius. Everything's part of the plan. He has secret evidence to unleash on his foes he's going to release any day now.
It's all very old hat now.
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On June 13 2019 10:01 Doodsmack wrote:This article discusses some of the interviews the DOJ will be doing of CIA people regarding the Russia investigation. CIA Director Haspel has apparently told her people to cooperate, but she has said the CIA "will still work to protect critical pieces of intelligence whose disclosure could jeopardize sources, reveal collection methods or disclose information provided by allies." That last part is very important, because the allegation is that the Obama admin improperly coordinated with allied intelligence agencies to surveil Trump's people. If the CIA is opposed to revealing interactions with allies, that would hamper Barr's probe quite a bit. Justice Dept. Seeks to Question C.I.A. Officers in Russia Inquiry Review
Eh, don't place much stock in Haspel's reported statement. The bottom line is that she doesn't have a choice but to fully cooperate given Trump's declassification order. I also doubt that Durham is only going to be looking into the basis for the ICA. That might be the starting point, but it's pretty clear that this mess is far bigger than what happened in the campaign. And it's not even really about Trump. It's ultimately going to be about Obama and his spying on political opponents dating back to 2012.
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On June 13 2019 10:01 Stratos_speAr wrote:Show nested quote +On June 13 2019 09:19 Gorsameth wrote:
Its a case of seeing a result from what Trump is doing and then building a narrative around that result being the plan all along. And of course completely ignoring the negative consequences that farmers are already suffering because of Trump's trade spat with China.
I thought Trump decided on some socialism subsidies for the farms?
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Who knows. There can only be speculation as long as the actor does not reveal itself. It could even by a Saudi false flag operation. It's kind of funny though how USA's strategy for the region is be subordinate to whatever Saudi Arabia does. I guess letting Trump touch the bright orb worked.
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United Kingdom10026 Posts
Trump has caused what could turn out to be a bit of minor lasting damage on his visit to the UK..
The UK's conservative home secretary, Savid Javid, was not invited to a state banquet for Trump. Its extremely weird that the home sec not be invited to this kind of thing (to put it in context - ministers junior to Javid were invited). Javid, however, criticised Trump for his retweeting of posts by Britain First, the anti-islamic right wing extremist group.
Obviously, he's also a muslim, which is a problem for Trump.
Javid is now a candidate for UK Prime Minister. If that happens (99.999% it won't), who knows what damage could have been done by Trump's ego (or racism - depending on which attribute you think was responsible for this).
I didn't know which politics thread to put this in but because I'm Trump bashing I thought I'd put it here.
https://www.theguardian.com/politics/2019/jun/13/sajid-javid-says-not-being-invited-to-trump-banquet-was-odd
The home secretary, Sajid Javid, has criticised Downing Street’s decision not to invite him to Donald Trump’s state banquet as “odd” but stopped short of claiming No 10 blocked his attendance because of his Muslim background.
In his first comments on the snub Javid said he had written to the prime minister’s office asking why he was not invited and suggested he was unconvinced by the answer he was given.
Javid was asked by BBC Radio 4’s Today programme on Thursday why he was not invited to the banquet on the eve of the first day of Trump’s state visit. He said: “I don’t know. I don’t know. I’ve asked but I haven’t got a … I was just told that normally home secretaries aren’t invited so I don’t know.”
Asked how he felt about not being asked to attend when other more junior members of the cabinet, including Michael Gove and Penny Mordaunt were invited, Javid said: “I don’t like it. For the reason that you have just said. It is odd.”
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I'm just pleasantly suprised that he hasn't caused a major incident during the D-Day commemorations.
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On June 13 2019 21:03 Dangermousecatdog wrote:
I'm just pleasantly suprised that he hasn't caused a major incident during the D-Day commemorations.
Did you miss the part where he was talking shit while at the cemetery?
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In light of the popular 'why should we do anything about this when others yadda yadda' arguments it should be pointed out that the US department of defense emits more greenhouse gasses than any other single institution or corporation in the world. Not that it's surprising.
Greenhouse gas emissions from US military operations dwarf the entire national output of countries including Sweden and Portugal, a study found.
If the Pentagon were a country it would be the world’s 55th largest contributor, researchers said.
The US defence department emitted about 59 million metric tons of carbon dioxide and other greenhouse gases in 2017, according to the first report to compile such comprehensive data, published by Brown University.
That compares to one million metric tons of greenhouse gas emissions recorded by the British Ministry of Defence in the same year. The US spends roughly twelve times as much as the UK on defence.
[...]
The defence department accounts for roughly 80 per cent of all US government energy consumption and is the single largest producer of greenhouse gas emissions in the world, the report states.
https://www.independent.co.uk/news/world/americas/us-politics/greenhouse-gas-emissions-pentagon-us-defense-carbon-co2-a8956836.html
https://watson.brown.edu/costsofwar/files/cow/imce/papers/2019/Pentagon Fuel Use, Climate Change and the Costs of War Final.pdf
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On June 13 2019 10:45 Doodsmack wrote:Trump appears to be admitting to his Roy Cohn-style worldview of unethicality here. He thinks that when America's enemies come calling to help him win against his Americsn electoral opponent, he should side with our enemies. https://twitter.com/ericgeller/status/1138938873118171136
I wonder how Trump cultists reconcile this sort of behavior with "no collusion".
"Its not collusion, it's just openly inviting election interference and not reporting it! Hes being transparent!"
That combined with Mitch blocking the bill on election interference as well, really makes ya think.
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On June 13 2019 22:11 Little-Chimp wrote:I wonder how Trump cultists reconcile this sort of behavior with "no collusion". "Its not collusion, it's just openly inviting election interference and not reporting it! Hes being transparent!" That combined with Mitch blocking the bill on election interference as well, really makes ya think.
They don't see it as "no collusion", they see it as "did nothing wrong", which is a big distinction. They think all of this is fine to prevent social and economic changes Democrats are fighting for.
It's just another example of the civil war never ending. There are 2 totally irreconcilable factions in our country.
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On June 13 2019 08:10 Mohdoo wrote:Show nested quote +On June 13 2019 07:30 xDaunt wrote:On June 13 2019 07:25 Doodsmack wrote:On June 13 2019 06:56 xDaunt wrote:I've made previous posts about Trump's strategy with his trade war with China and specifically, his goal of leveraging American economic power and relations to brutalize China's economy and slow, if not halt, its ascendance as a global power, all while boosting domestic investment and output that had previously been going to China. The true harm to China from Trump's tariffs is starting to manifest itself now as multinational supply chains are beginning to shift out of China. TOKYO— Nintendo Co. is shifting some production of its Switch videogame console to Southeast Asia from China to limit the impact of possible U.S. tariffs on Chinese-made electronics, said people who work on Nintendo’s supply chain.
It is another example of manufacturers adapting to the tariff threat. Taiwan’s Foxconn Technology Group said Tuesday that it was ready to move assembly of Apple Inc.’s iPhones out of China if necessary, and Japan’s Sharp Corp. , which is controlled by Foxconn, said last week that it planned to move production of personal computers to Taiwan or Vietnam.
Kyoto-based Nintendo has traditionally relied on the Chinese factories of contract assembly companies to make its videogame hardware. That includes the Switch console, introduced in 2017.
The Wall Street Journal reported in March that Nintendo planned to update the Switch this year with two new models. One is set to look similar to the current model with beefed-up components, while the other is expected to be a less-expensive model with a new look.
People involved in the supply chain said production in Southeast Asia has started for the Switch, including the current type and the two new models, suggesting Nintendo is getting ready to introduce them soon. They didn’t give specific volume figures but said Nintendo wanted to have enough units to sell in the U.S., the largest market for videogame consoles, when the new products go on the market. Source. Looking back at the numerous trips that Trump has taken to Western pacific and Southeast Asian countries over the past two years, it is obvious that Trump has been laying the groundwork for this for a while. He's been preparing all of these countries and their businesses for a huge opportunity to steal business from China once the tariffs came into effect. This is why China is now threatening businesses that are considering redeploying operations outside of China and has otherwise been treating the trade war as an existential threat. They know that they're about to suffer a lot of economic pain. I can see how this harms China, but it doesn't bring jobs or investment back to the US. Instead the jobs go to the next cheap-labor country in line (of which there are many). What Trump is doing is making China a far riskier proposition for capital investment, thereby causing businesses to look elsewhere for setting up shop. Not all of the business will relocate to the US. It's going to go to a variety of places. But knocking off China is paramount because they're the big cheaters globally. Even if the investment dollars go somewhere other than the US, the US still wins because 1) China is harmed, and 2) US consumers won't eat the tariffs on goods from China. Yeah I'm fully on board with this. No matter how you look at it, China represents a level of government control that sends shivers down my spine. In many ways, I see China as a bit of a cultural climate change. If China were ever to topple the US as the world's #1, I truly do think we'd be looking at dystopia. Every indication is that China will only become more and more oppressive. The idea of China's influence continuing to slowly grow scares me and I fully support anything that makes China's 100 year plan look worse.
From the rest of the world's point of view, the US has already been doing really shitty things by leveraging its political and legal power for ages. For exemple by threatening embargos or unwarranted huge fines on EU companies, only to have a US company with insider knowledge and buy them at a cheaper price, while impying that the fines might disappear after the buyout (skewing the competition).
https://www.counterpunch.org/2016/12/02/behind-ges-takeover-of-alstom-energy/
Jean-Michel Quatrepoint highlights that, during the DoJ pursuit of Alstom, GE itself had in its employ around thirty former DoJ functionaries. The Wall Street Journal reported in February 2015 that GE had seen all the documentation regarding DoJ litigation against Alstom. What a coincidence! With all this legal muscle and insider knowledge, no-one in GE sought to disabuse Alstom heavies that the latter’s hope that the DoJ would cease its pursuit or that GE would pay a DoJ-inflicted penalty wasn’t going to happen.
Quatrepoint also notes that at least five companies known to be pursued by the DoJ have been snapped up by GE – Invision (US, 2004), Ionics (US, 2005), Amersham (UK, 2004), Nycomed (Norway, 2004) and Vetco Gray (UK, 2007). GE was well primed to pick up Alstom.
Moreover, GE was readily able to come up with the do-re-mi for the Alstom purchase because of its huge tax-evading cache offshore, courtesy of official tolerance. GE’s CEO since 2001, Jeffrey Immelt, pursued tax evasion as a specialist arm of GE’s activities. Quatrepoint notes that the relevant division of GE, under a former US Treasury specialist (what a coincidence!), employed around 950 staff. Quatrepoint also notes that, by end of 2012, GE had accumulated $108 billion offshore. Between 2002 and 2011, GE generated $80 billion in gross profits, but paid only $1.4 billion to the US exchequer. Taxes paid in other countries were negligible.
Unfair trade practice and overall bullying of IP and other worldwide actors have been rampant for a long time, so I really don't see how China and its political involvment in commerce should trouble the rest of the world. Only the US, since it will have to compete with another bully.
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On June 13 2019 22:31 Nouar wrote:Show nested quote +On June 13 2019 08:10 Mohdoo wrote:On June 13 2019 07:30 xDaunt wrote:On June 13 2019 07:25 Doodsmack wrote:On June 13 2019 06:56 xDaunt wrote:I've made previous posts about Trump's strategy with his trade war with China and specifically, his goal of leveraging American economic power and relations to brutalize China's economy and slow, if not halt, its ascendance as a global power, all while boosting domestic investment and output that had previously been going to China. The true harm to China from Trump's tariffs is starting to manifest itself now as multinational supply chains are beginning to shift out of China. TOKYO— Nintendo Co. is shifting some production of its Switch videogame console to Southeast Asia from China to limit the impact of possible U.S. tariffs on Chinese-made electronics, said people who work on Nintendo’s supply chain.
It is another example of manufacturers adapting to the tariff threat. Taiwan’s Foxconn Technology Group said Tuesday that it was ready to move assembly of Apple Inc.’s iPhones out of China if necessary, and Japan’s Sharp Corp. , which is controlled by Foxconn, said last week that it planned to move production of personal computers to Taiwan or Vietnam.
Kyoto-based Nintendo has traditionally relied on the Chinese factories of contract assembly companies to make its videogame hardware. That includes the Switch console, introduced in 2017.
The Wall Street Journal reported in March that Nintendo planned to update the Switch this year with two new models. One is set to look similar to the current model with beefed-up components, while the other is expected to be a less-expensive model with a new look.
People involved in the supply chain said production in Southeast Asia has started for the Switch, including the current type and the two new models, suggesting Nintendo is getting ready to introduce them soon. They didn’t give specific volume figures but said Nintendo wanted to have enough units to sell in the U.S., the largest market for videogame consoles, when the new products go on the market. Source. Looking back at the numerous trips that Trump has taken to Western pacific and Southeast Asian countries over the past two years, it is obvious that Trump has been laying the groundwork for this for a while. He's been preparing all of these countries and their businesses for a huge opportunity to steal business from China once the tariffs came into effect. This is why China is now threatening businesses that are considering redeploying operations outside of China and has otherwise been treating the trade war as an existential threat. They know that they're about to suffer a lot of economic pain. I can see how this harms China, but it doesn't bring jobs or investment back to the US. Instead the jobs go to the next cheap-labor country in line (of which there are many). What Trump is doing is making China a far riskier proposition for capital investment, thereby causing businesses to look elsewhere for setting up shop. Not all of the business will relocate to the US. It's going to go to a variety of places. But knocking off China is paramount because they're the big cheaters globally. Even if the investment dollars go somewhere other than the US, the US still wins because 1) China is harmed, and 2) US consumers won't eat the tariffs on goods from China. Yeah I'm fully on board with this. No matter how you look at it, China represents a level of government control that sends shivers down my spine. In many ways, I see China as a bit of a cultural climate change. If China were ever to topple the US as the world's #1, I truly do think we'd be looking at dystopia. Every indication is that China will only become more and more oppressive. The idea of China's influence continuing to slowly grow scares me and I fully support anything that makes China's 100 year plan look worse. From the rest of the world's point of view, the US has already been doing really shitty things by leveraging its political and legal power for ages. For exemple by threatening embargos or unwarranted huge fines on EU companies, only to have a US company with insider knowledge and buy them at a cheaper price, while impying that the fines might disappear after the buyout (skewing the competition). https://www.counterpunch.org/2016/12/02/behind-ges-takeover-of-alstom-energy/Show nested quote +Jean-Michel Quatrepoint highlights that, during the DoJ pursuit of Alstom, GE itself had in its employ around thirty former DoJ functionaries. The Wall Street Journal reported in February 2015 that GE had seen all the documentation regarding DoJ litigation against Alstom. What a coincidence! With all this legal muscle and insider knowledge, no-one in GE sought to disabuse Alstom heavies that the latter’s hope that the DoJ would cease its pursuit or that GE would pay a DoJ-inflicted penalty wasn’t going to happen.
Quatrepoint also notes that at least five companies known to be pursued by the DoJ have been snapped up by GE – Invision (US, 2004), Ionics (US, 2005), Amersham (UK, 2004), Nycomed (Norway, 2004) and Vetco Gray (UK, 2007). GE was well primed to pick up Alstom.
Moreover, GE was readily able to come up with the do-re-mi for the Alstom purchase because of its huge tax-evading cache offshore, courtesy of official tolerance. GE’s CEO since 2001, Jeffrey Immelt, pursued tax evasion as a specialist arm of GE’s activities. Quatrepoint notes that the relevant division of GE, under a former US Treasury specialist (what a coincidence!), employed around 950 staff. Quatrepoint also notes that, by end of 2012, GE had accumulated $108 billion offshore. Between 2002 and 2011, GE generated $80 billion in gross profits, but paid only $1.4 billion to the US exchequer. Taxes paid in other countries were negligible. Unfair trade practice and overall bullying of IP and other worldwide actors have been rampant for a long time, so I really don't see how China and its political involvment in commerce should trouble the rest of the world. Only the US, since it will have to compete with another bully.
It's not a matter of "either being an asshole or not being an asshole". We can look at the details.
As an example, look at this: https://vimeo.com/44078865
This is not something you'd ever see in the US.
I could put a big sign on my head that says "the US killed a ton of civilians last year and we are war criminals" and nothing would happen to me unless one of the creepy military militiaa wannabes got salty. I could sit right outside the white House saying we kill women and children and I could go home that night knowing I wouldn't disappear.
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On June 13 2019 22:39 Mohdoo wrote:Show nested quote +On June 13 2019 22:31 Nouar wrote:On June 13 2019 08:10 Mohdoo wrote:On June 13 2019 07:30 xDaunt wrote:On June 13 2019 07:25 Doodsmack wrote:On June 13 2019 06:56 xDaunt wrote:I've made previous posts about Trump's strategy with his trade war with China and specifically, his goal of leveraging American economic power and relations to brutalize China's economy and slow, if not halt, its ascendance as a global power, all while boosting domestic investment and output that had previously been going to China. The true harm to China from Trump's tariffs is starting to manifest itself now as multinational supply chains are beginning to shift out of China. TOKYO— Nintendo Co. is shifting some production of its Switch videogame console to Southeast Asia from China to limit the impact of possible U.S. tariffs on Chinese-made electronics, said people who work on Nintendo’s supply chain.
It is another example of manufacturers adapting to the tariff threat. Taiwan’s Foxconn Technology Group said Tuesday that it was ready to move assembly of Apple Inc.’s iPhones out of China if necessary, and Japan’s Sharp Corp. , which is controlled by Foxconn, said last week that it planned to move production of personal computers to Taiwan or Vietnam.
Kyoto-based Nintendo has traditionally relied on the Chinese factories of contract assembly companies to make its videogame hardware. That includes the Switch console, introduced in 2017.
The Wall Street Journal reported in March that Nintendo planned to update the Switch this year with two new models. One is set to look similar to the current model with beefed-up components, while the other is expected to be a less-expensive model with a new look.
People involved in the supply chain said production in Southeast Asia has started for the Switch, including the current type and the two new models, suggesting Nintendo is getting ready to introduce them soon. They didn’t give specific volume figures but said Nintendo wanted to have enough units to sell in the U.S., the largest market for videogame consoles, when the new products go on the market. Source. Looking back at the numerous trips that Trump has taken to Western pacific and Southeast Asian countries over the past two years, it is obvious that Trump has been laying the groundwork for this for a while. He's been preparing all of these countries and their businesses for a huge opportunity to steal business from China once the tariffs came into effect. This is why China is now threatening businesses that are considering redeploying operations outside of China and has otherwise been treating the trade war as an existential threat. They know that they're about to suffer a lot of economic pain. I can see how this harms China, but it doesn't bring jobs or investment back to the US. Instead the jobs go to the next cheap-labor country in line (of which there are many). What Trump is doing is making China a far riskier proposition for capital investment, thereby causing businesses to look elsewhere for setting up shop. Not all of the business will relocate to the US. It's going to go to a variety of places. But knocking off China is paramount because they're the big cheaters globally. Even if the investment dollars go somewhere other than the US, the US still wins because 1) China is harmed, and 2) US consumers won't eat the tariffs on goods from China. Yeah I'm fully on board with this. No matter how you look at it, China represents a level of government control that sends shivers down my spine. In many ways, I see China as a bit of a cultural climate change. If China were ever to topple the US as the world's #1, I truly do think we'd be looking at dystopia. Every indication is that China will only become more and more oppressive. The idea of China's influence continuing to slowly grow scares me and I fully support anything that makes China's 100 year plan look worse. From the rest of the world's point of view, the US has already been doing really shitty things by leveraging its political and legal power for ages. For exemple by threatening embargos or unwarranted huge fines on EU companies, only to have a US company with insider knowledge and buy them at a cheaper price, while impying that the fines might disappear after the buyout (skewing the competition). https://www.counterpunch.org/2016/12/02/behind-ges-takeover-of-alstom-energy/Jean-Michel Quatrepoint highlights that, during the DoJ pursuit of Alstom, GE itself had in its employ around thirty former DoJ functionaries. The Wall Street Journal reported in February 2015 that GE had seen all the documentation regarding DoJ litigation against Alstom. What a coincidence! With all this legal muscle and insider knowledge, no-one in GE sought to disabuse Alstom heavies that the latter’s hope that the DoJ would cease its pursuit or that GE would pay a DoJ-inflicted penalty wasn’t going to happen.
Quatrepoint also notes that at least five companies known to be pursued by the DoJ have been snapped up by GE – Invision (US, 2004), Ionics (US, 2005), Amersham (UK, 2004), Nycomed (Norway, 2004) and Vetco Gray (UK, 2007). GE was well primed to pick up Alstom.
Moreover, GE was readily able to come up with the do-re-mi for the Alstom purchase because of its huge tax-evading cache offshore, courtesy of official tolerance. GE’s CEO since 2001, Jeffrey Immelt, pursued tax evasion as a specialist arm of GE’s activities. Quatrepoint notes that the relevant division of GE, under a former US Treasury specialist (what a coincidence!), employed around 950 staff. Quatrepoint also notes that, by end of 2012, GE had accumulated $108 billion offshore. Between 2002 and 2011, GE generated $80 billion in gross profits, but paid only $1.4 billion to the US exchequer. Taxes paid in other countries were negligible. Unfair trade practice and overall bullying of IP and other worldwide actors have been rampant for a long time, so I really don't see how China and its political involvment in commerce should trouble the rest of the world. Only the US, since it will have to compete with another bully. It's not a matter of "either being an asshole or not being an asshole". We can look at the details. As an example, look at this: https://vimeo.com/44078865This is not something you'd ever see in the US. I could put a big sign on my head that says "the US killed a ton of civilians last year and we are war criminals" and nothing would happen to me unless one of the creepy military militiaa wannabes got salty. I could sit right outside the white House saying we kill women and children and I could go home that night knowing I wouldn't disappear.
I am not sure how trading less and having less cultural exchanges with a country will make it less authoritarian. If so, you should have stopped trading with Saudi Arabia a long time ago. It is not a valid reason for a trade war.
When it comes to copying and stealing lets not forget that before China it was Japan, and before Japan it was US, and before US it was India. It is a quite common way for a large nation to grow fast when developing their industry.
Also to you xDaunt who insists that the tariffs don't hurt the US consumers and benefits US economy, I would like you to answer me these questions:
1: Moving the your production lines to a new location is never cheap. You have to retrain staff, invest into new supply lines, reorganize your logisticts department, spend money on new regulation, negotiate new contracts, and sometimes even have to build a new factory. This is just a tip of the iceberg of what drives cost of changing production location and is why the cost of production is not as fluid as one would like in a free market.
Where does the money to relocate from china come from and who are paying for it?
2: When American companies moves their production location away from China, the demand for those factories and skilled workers drop and therefor also their price. This allows international companies from other countries to get cheaper production in China than previously, especially when in growth and needs to expand anyway.
a) How will American companies in a price competitive (export) market be able to grow and compete against other international companies with lower production costs, in the same market?
b) What will any loss of competitiveness in international markets do to your trade deficits towards those countries, and how does it compare to your trade deficit with china? (Trade deficit btw is an utterly idiotic thing to care about when you have the world currency, but hey it apparently is important to Trump supporters)
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On June 13 2019 23:15 Neneu wrote:Show nested quote +On June 13 2019 22:39 Mohdoo wrote:On June 13 2019 22:31 Nouar wrote:On June 13 2019 08:10 Mohdoo wrote:On June 13 2019 07:30 xDaunt wrote:On June 13 2019 07:25 Doodsmack wrote:On June 13 2019 06:56 xDaunt wrote:I've made previous posts about Trump's strategy with his trade war with China and specifically, his goal of leveraging American economic power and relations to brutalize China's economy and slow, if not halt, its ascendance as a global power, all while boosting domestic investment and output that had previously been going to China. The true harm to China from Trump's tariffs is starting to manifest itself now as multinational supply chains are beginning to shift out of China. TOKYO— Nintendo Co. is shifting some production of its Switch videogame console to Southeast Asia from China to limit the impact of possible U.S. tariffs on Chinese-made electronics, said people who work on Nintendo’s supply chain.
It is another example of manufacturers adapting to the tariff threat. Taiwan’s Foxconn Technology Group said Tuesday that it was ready to move assembly of Apple Inc.’s iPhones out of China if necessary, and Japan’s Sharp Corp. , which is controlled by Foxconn, said last week that it planned to move production of personal computers to Taiwan or Vietnam.
Kyoto-based Nintendo has traditionally relied on the Chinese factories of contract assembly companies to make its videogame hardware. That includes the Switch console, introduced in 2017.
The Wall Street Journal reported in March that Nintendo planned to update the Switch this year with two new models. One is set to look similar to the current model with beefed-up components, while the other is expected to be a less-expensive model with a new look.
People involved in the supply chain said production in Southeast Asia has started for the Switch, including the current type and the two new models, suggesting Nintendo is getting ready to introduce them soon. They didn’t give specific volume figures but said Nintendo wanted to have enough units to sell in the U.S., the largest market for videogame consoles, when the new products go on the market. Source. Looking back at the numerous trips that Trump has taken to Western pacific and Southeast Asian countries over the past two years, it is obvious that Trump has been laying the groundwork for this for a while. He's been preparing all of these countries and their businesses for a huge opportunity to steal business from China once the tariffs came into effect. This is why China is now threatening businesses that are considering redeploying operations outside of China and has otherwise been treating the trade war as an existential threat. They know that they're about to suffer a lot of economic pain. I can see how this harms China, but it doesn't bring jobs or investment back to the US. Instead the jobs go to the next cheap-labor country in line (of which there are many). What Trump is doing is making China a far riskier proposition for capital investment, thereby causing businesses to look elsewhere for setting up shop. Not all of the business will relocate to the US. It's going to go to a variety of places. But knocking off China is paramount because they're the big cheaters globally. Even if the investment dollars go somewhere other than the US, the US still wins because 1) China is harmed, and 2) US consumers won't eat the tariffs on goods from China. Yeah I'm fully on board with this. No matter how you look at it, China represents a level of government control that sends shivers down my spine. In many ways, I see China as a bit of a cultural climate change. If China were ever to topple the US as the world's #1, I truly do think we'd be looking at dystopia. Every indication is that China will only become more and more oppressive. The idea of China's influence continuing to slowly grow scares me and I fully support anything that makes China's 100 year plan look worse. From the rest of the world's point of view, the US has already been doing really shitty things by leveraging its political and legal power for ages. For exemple by threatening embargos or unwarranted huge fines on EU companies, only to have a US company with insider knowledge and buy them at a cheaper price, while impying that the fines might disappear after the buyout (skewing the competition). https://www.counterpunch.org/2016/12/02/behind-ges-takeover-of-alstom-energy/Jean-Michel Quatrepoint highlights that, during the DoJ pursuit of Alstom, GE itself had in its employ around thirty former DoJ functionaries. The Wall Street Journal reported in February 2015 that GE had seen all the documentation regarding DoJ litigation against Alstom. What a coincidence! With all this legal muscle and insider knowledge, no-one in GE sought to disabuse Alstom heavies that the latter’s hope that the DoJ would cease its pursuit or that GE would pay a DoJ-inflicted penalty wasn’t going to happen.
Quatrepoint also notes that at least five companies known to be pursued by the DoJ have been snapped up by GE – Invision (US, 2004), Ionics (US, 2005), Amersham (UK, 2004), Nycomed (Norway, 2004) and Vetco Gray (UK, 2007). GE was well primed to pick up Alstom.
Moreover, GE was readily able to come up with the do-re-mi for the Alstom purchase because of its huge tax-evading cache offshore, courtesy of official tolerance. GE’s CEO since 2001, Jeffrey Immelt, pursued tax evasion as a specialist arm of GE’s activities. Quatrepoint notes that the relevant division of GE, under a former US Treasury specialist (what a coincidence!), employed around 950 staff. Quatrepoint also notes that, by end of 2012, GE had accumulated $108 billion offshore. Between 2002 and 2011, GE generated $80 billion in gross profits, but paid only $1.4 billion to the US exchequer. Taxes paid in other countries were negligible. Unfair trade practice and overall bullying of IP and other worldwide actors have been rampant for a long time, so I really don't see how China and its political involvment in commerce should trouble the rest of the world. Only the US, since it will have to compete with another bully. It's not a matter of "either being an asshole or not being an asshole". We can look at the details. As an example, look at this: https://vimeo.com/44078865This is not something you'd ever see in the US. I could put a big sign on my head that says "the US killed a ton of civilians last year and we are war criminals" and nothing would happen to me unless one of the creepy military militiaa wannabes got salty. I could sit right outside the white House saying we kill women and children and I could go home that night knowing I wouldn't disappear. I am not sure how trading less and having less cultural exchanges with a country will make it less authoritarian. If so, you should have stopped trading with Saudi Arabia a long time ago. It is not a valid reason for a trade war.
When 2 companies trade, they both benefit, usually. Whether directly or indirectly. By trading with China, we help China. I want us to help China 0% because I see China as a ticking time bomb of cultural/social destruction. China sees no limit to its eventual size and influence. When I look at the current state of both countries, as evidenced by the video I linked, there is no question which side I support. The US also has a wildly different history which makes us a lot more skeptical of our leaders than China. China has "shut up and obey the government, for the good of China" built into its culture. Their support is significantly less wavering than our own. So they are not only more oppressive but they have more support from their own citizens.
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United Kingdom10026 Posts
On June 13 2019 23:38 Mohdoo wrote:Show nested quote +On June 13 2019 23:15 Neneu wrote:On June 13 2019 22:39 Mohdoo wrote:On June 13 2019 22:31 Nouar wrote:On June 13 2019 08:10 Mohdoo wrote:On June 13 2019 07:30 xDaunt wrote:On June 13 2019 07:25 Doodsmack wrote:On June 13 2019 06:56 xDaunt wrote:I've made previous posts about Trump's strategy with his trade war with China and specifically, his goal of leveraging American economic power and relations to brutalize China's economy and slow, if not halt, its ascendance as a global power, all while boosting domestic investment and output that had previously been going to China. The true harm to China from Trump's tariffs is starting to manifest itself now as multinational supply chains are beginning to shift out of China. TOKYO— Nintendo Co. is shifting some production of its Switch videogame console to Southeast Asia from China to limit the impact of possible U.S. tariffs on Chinese-made electronics, said people who work on Nintendo’s supply chain.
It is another example of manufacturers adapting to the tariff threat. Taiwan’s Foxconn Technology Group said Tuesday that it was ready to move assembly of Apple Inc.’s iPhones out of China if necessary, and Japan’s Sharp Corp. , which is controlled by Foxconn, said last week that it planned to move production of personal computers to Taiwan or Vietnam.
Kyoto-based Nintendo has traditionally relied on the Chinese factories of contract assembly companies to make its videogame hardware. That includes the Switch console, introduced in 2017.
The Wall Street Journal reported in March that Nintendo planned to update the Switch this year with two new models. One is set to look similar to the current model with beefed-up components, while the other is expected to be a less-expensive model with a new look.
People involved in the supply chain said production in Southeast Asia has started for the Switch, including the current type and the two new models, suggesting Nintendo is getting ready to introduce them soon. They didn’t give specific volume figures but said Nintendo wanted to have enough units to sell in the U.S., the largest market for videogame consoles, when the new products go on the market. Source. Looking back at the numerous trips that Trump has taken to Western pacific and Southeast Asian countries over the past two years, it is obvious that Trump has been laying the groundwork for this for a while. He's been preparing all of these countries and their businesses for a huge opportunity to steal business from China once the tariffs came into effect. This is why China is now threatening businesses that are considering redeploying operations outside of China and has otherwise been treating the trade war as an existential threat. They know that they're about to suffer a lot of economic pain. I can see how this harms China, but it doesn't bring jobs or investment back to the US. Instead the jobs go to the next cheap-labor country in line (of which there are many). What Trump is doing is making China a far riskier proposition for capital investment, thereby causing businesses to look elsewhere for setting up shop. Not all of the business will relocate to the US. It's going to go to a variety of places. But knocking off China is paramount because they're the big cheaters globally. Even if the investment dollars go somewhere other than the US, the US still wins because 1) China is harmed, and 2) US consumers won't eat the tariffs on goods from China. Yeah I'm fully on board with this. No matter how you look at it, China represents a level of government control that sends shivers down my spine. In many ways, I see China as a bit of a cultural climate change. If China were ever to topple the US as the world's #1, I truly do think we'd be looking at dystopia. Every indication is that China will only become more and more oppressive. The idea of China's influence continuing to slowly grow scares me and I fully support anything that makes China's 100 year plan look worse. From the rest of the world's point of view, the US has already been doing really shitty things by leveraging its political and legal power for ages. For exemple by threatening embargos or unwarranted huge fines on EU companies, only to have a US company with insider knowledge and buy them at a cheaper price, while impying that the fines might disappear after the buyout (skewing the competition). https://www.counterpunch.org/2016/12/02/behind-ges-takeover-of-alstom-energy/Jean-Michel Quatrepoint highlights that, during the DoJ pursuit of Alstom, GE itself had in its employ around thirty former DoJ functionaries. The Wall Street Journal reported in February 2015 that GE had seen all the documentation regarding DoJ litigation against Alstom. What a coincidence! With all this legal muscle and insider knowledge, no-one in GE sought to disabuse Alstom heavies that the latter’s hope that the DoJ would cease its pursuit or that GE would pay a DoJ-inflicted penalty wasn’t going to happen.
Quatrepoint also notes that at least five companies known to be pursued by the DoJ have been snapped up by GE – Invision (US, 2004), Ionics (US, 2005), Amersham (UK, 2004), Nycomed (Norway, 2004) and Vetco Gray (UK, 2007). GE was well primed to pick up Alstom.
Moreover, GE was readily able to come up with the do-re-mi for the Alstom purchase because of its huge tax-evading cache offshore, courtesy of official tolerance. GE’s CEO since 2001, Jeffrey Immelt, pursued tax evasion as a specialist arm of GE’s activities. Quatrepoint notes that the relevant division of GE, under a former US Treasury specialist (what a coincidence!), employed around 950 staff. Quatrepoint also notes that, by end of 2012, GE had accumulated $108 billion offshore. Between 2002 and 2011, GE generated $80 billion in gross profits, but paid only $1.4 billion to the US exchequer. Taxes paid in other countries were negligible. Unfair trade practice and overall bullying of IP and other worldwide actors have been rampant for a long time, so I really don't see how China and its political involvment in commerce should trouble the rest of the world. Only the US, since it will have to compete with another bully. It's not a matter of "either being an asshole or not being an asshole". We can look at the details. As an example, look at this: https://vimeo.com/44078865This is not something you'd ever see in the US. I could put a big sign on my head that says "the US killed a ton of civilians last year and we are war criminals" and nothing would happen to me unless one of the creepy military militiaa wannabes got salty. I could sit right outside the white House saying we kill women and children and I could go home that night knowing I wouldn't disappear. I am not sure how trading less and having less cultural exchanges with a country will make it less authoritarian. If so, you should have stopped trading with Saudi Arabia a long time ago. It is not a valid reason for a trade war. When 2 companies trade, they both benefit, usually. Whether directly or indirectly. By trading with China, we help China. I want us to help China 0% because I see China as a ticking time bomb of cultural/social destruction. China sees no limit to its eventual size and influence. When I look at the current state of both countries, as evidenced by the video I linked, there is no question which side I support. The US also has a wildly different history which makes us a lot more skeptical of our leaders than China. China has "shut up and obey the government, for the good of China" built into its culture. Their support is significantly less wavering than our own. So they are not only more oppressive but they have more support from their own citizens.
This is absolute nonsense.
China isn't really that bothered about expanding its borders beyond its very immediate surroundings. Unlike America.
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On June 13 2019 23:38 Mohdoo wrote:Show nested quote +On June 13 2019 23:15 Neneu wrote:On June 13 2019 22:39 Mohdoo wrote:On June 13 2019 22:31 Nouar wrote:On June 13 2019 08:10 Mohdoo wrote:On June 13 2019 07:30 xDaunt wrote:On June 13 2019 07:25 Doodsmack wrote:On June 13 2019 06:56 xDaunt wrote:I've made previous posts about Trump's strategy with his trade war with China and specifically, his goal of leveraging American economic power and relations to brutalize China's economy and slow, if not halt, its ascendance as a global power, all while boosting domestic investment and output that had previously been going to China. The true harm to China from Trump's tariffs is starting to manifest itself now as multinational supply chains are beginning to shift out of China. TOKYO— Nintendo Co. is shifting some production of its Switch videogame console to Southeast Asia from China to limit the impact of possible U.S. tariffs on Chinese-made electronics, said people who work on Nintendo’s supply chain.
It is another example of manufacturers adapting to the tariff threat. Taiwan’s Foxconn Technology Group said Tuesday that it was ready to move assembly of Apple Inc.’s iPhones out of China if necessary, and Japan’s Sharp Corp. , which is controlled by Foxconn, said last week that it planned to move production of personal computers to Taiwan or Vietnam.
Kyoto-based Nintendo has traditionally relied on the Chinese factories of contract assembly companies to make its videogame hardware. That includes the Switch console, introduced in 2017.
The Wall Street Journal reported in March that Nintendo planned to update the Switch this year with two new models. One is set to look similar to the current model with beefed-up components, while the other is expected to be a less-expensive model with a new look.
People involved in the supply chain said production in Southeast Asia has started for the Switch, including the current type and the two new models, suggesting Nintendo is getting ready to introduce them soon. They didn’t give specific volume figures but said Nintendo wanted to have enough units to sell in the U.S., the largest market for videogame consoles, when the new products go on the market. Source. Looking back at the numerous trips that Trump has taken to Western pacific and Southeast Asian countries over the past two years, it is obvious that Trump has been laying the groundwork for this for a while. He's been preparing all of these countries and their businesses for a huge opportunity to steal business from China once the tariffs came into effect. This is why China is now threatening businesses that are considering redeploying operations outside of China and has otherwise been treating the trade war as an existential threat. They know that they're about to suffer a lot of economic pain. I can see how this harms China, but it doesn't bring jobs or investment back to the US. Instead the jobs go to the next cheap-labor country in line (of which there are many). What Trump is doing is making China a far riskier proposition for capital investment, thereby causing businesses to look elsewhere for setting up shop. Not all of the business will relocate to the US. It's going to go to a variety of places. But knocking off China is paramount because they're the big cheaters globally. Even if the investment dollars go somewhere other than the US, the US still wins because 1) China is harmed, and 2) US consumers won't eat the tariffs on goods from China. Yeah I'm fully on board with this. No matter how you look at it, China represents a level of government control that sends shivers down my spine. In many ways, I see China as a bit of a cultural climate change. If China were ever to topple the US as the world's #1, I truly do think we'd be looking at dystopia. Every indication is that China will only become more and more oppressive. The idea of China's influence continuing to slowly grow scares me and I fully support anything that makes China's 100 year plan look worse. From the rest of the world's point of view, the US has already been doing really shitty things by leveraging its political and legal power for ages. For exemple by threatening embargos or unwarranted huge fines on EU companies, only to have a US company with insider knowledge and buy them at a cheaper price, while impying that the fines might disappear after the buyout (skewing the competition). https://www.counterpunch.org/2016/12/02/behind-ges-takeover-of-alstom-energy/Jean-Michel Quatrepoint highlights that, during the DoJ pursuit of Alstom, GE itself had in its employ around thirty former DoJ functionaries. The Wall Street Journal reported in February 2015 that GE had seen all the documentation regarding DoJ litigation against Alstom. What a coincidence! With all this legal muscle and insider knowledge, no-one in GE sought to disabuse Alstom heavies that the latter’s hope that the DoJ would cease its pursuit or that GE would pay a DoJ-inflicted penalty wasn’t going to happen.
Quatrepoint also notes that at least five companies known to be pursued by the DoJ have been snapped up by GE – Invision (US, 2004), Ionics (US, 2005), Amersham (UK, 2004), Nycomed (Norway, 2004) and Vetco Gray (UK, 2007). GE was well primed to pick up Alstom.
Moreover, GE was readily able to come up with the do-re-mi for the Alstom purchase because of its huge tax-evading cache offshore, courtesy of official tolerance. GE’s CEO since 2001, Jeffrey Immelt, pursued tax evasion as a specialist arm of GE’s activities. Quatrepoint notes that the relevant division of GE, under a former US Treasury specialist (what a coincidence!), employed around 950 staff. Quatrepoint also notes that, by end of 2012, GE had accumulated $108 billion offshore. Between 2002 and 2011, GE generated $80 billion in gross profits, but paid only $1.4 billion to the US exchequer. Taxes paid in other countries were negligible. Unfair trade practice and overall bullying of IP and other worldwide actors have been rampant for a long time, so I really don't see how China and its political involvment in commerce should trouble the rest of the world. Only the US, since it will have to compete with another bully. It's not a matter of "either being an asshole or not being an asshole". We can look at the details. As an example, look at this: https://vimeo.com/44078865This is not something you'd ever see in the US. I could put a big sign on my head that says "the US killed a ton of civilians last year and we are war criminals" and nothing would happen to me unless one of the creepy military militiaa wannabes got salty. I could sit right outside the white House saying we kill women and children and I could go home that night knowing I wouldn't disappear. I am not sure how trading less and having less cultural exchanges with a country will make it less authoritarian. If so, you should have stopped trading with Saudi Arabia a long time ago. It is not a valid reason for a trade war. When 2 companies trade, they both benefit, usually. Whether directly or indirectly. By trading with China, we help China. I want us to help China 0% because I see China as a ticking time bomb of cultural/social destruction. China sees no limit to its eventual size and influence. When I look at the current state of both countries, as evidenced by the video I linked, there is no question which side I support. The US also has a wildly different history which makes us a lot more skeptical of our leaders than China. China has "shut up and obey the government, for the good of China" built into its culture. Their support is significantly less wavering than our own. So they are not only more oppressive but they have more support from their own citizens.
How do you know? I'm sure in the '80s to ousiders Eastern European communist parties appeared wildly supported by the populace, winning elections with 100% of the vote and all that.
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On June 13 2019 23:56 Jockmcplop wrote:Show nested quote +On June 13 2019 23:38 Mohdoo wrote:On June 13 2019 23:15 Neneu wrote:On June 13 2019 22:39 Mohdoo wrote:On June 13 2019 22:31 Nouar wrote:On June 13 2019 08:10 Mohdoo wrote:On June 13 2019 07:30 xDaunt wrote:On June 13 2019 07:25 Doodsmack wrote:On June 13 2019 06:56 xDaunt wrote:I've made previous posts about Trump's strategy with his trade war with China and specifically, his goal of leveraging American economic power and relations to brutalize China's economy and slow, if not halt, its ascendance as a global power, all while boosting domestic investment and output that had previously been going to China. The true harm to China from Trump's tariffs is starting to manifest itself now as multinational supply chains are beginning to shift out of China. TOKYO— Nintendo Co. is shifting some production of its Switch videogame console to Southeast Asia from China to limit the impact of possible U.S. tariffs on Chinese-made electronics, said people who work on Nintendo’s supply chain.
It is another example of manufacturers adapting to the tariff threat. Taiwan’s Foxconn Technology Group said Tuesday that it was ready to move assembly of Apple Inc.’s iPhones out of China if necessary, and Japan’s Sharp Corp. , which is controlled by Foxconn, said last week that it planned to move production of personal computers to Taiwan or Vietnam.
Kyoto-based Nintendo has traditionally relied on the Chinese factories of contract assembly companies to make its videogame hardware. That includes the Switch console, introduced in 2017.
The Wall Street Journal reported in March that Nintendo planned to update the Switch this year with two new models. One is set to look similar to the current model with beefed-up components, while the other is expected to be a less-expensive model with a new look.
People involved in the supply chain said production in Southeast Asia has started for the Switch, including the current type and the two new models, suggesting Nintendo is getting ready to introduce them soon. They didn’t give specific volume figures but said Nintendo wanted to have enough units to sell in the U.S., the largest market for videogame consoles, when the new products go on the market. Source. Looking back at the numerous trips that Trump has taken to Western pacific and Southeast Asian countries over the past two years, it is obvious that Trump has been laying the groundwork for this for a while. He's been preparing all of these countries and their businesses for a huge opportunity to steal business from China once the tariffs came into effect. This is why China is now threatening businesses that are considering redeploying operations outside of China and has otherwise been treating the trade war as an existential threat. They know that they're about to suffer a lot of economic pain. I can see how this harms China, but it doesn't bring jobs or investment back to the US. Instead the jobs go to the next cheap-labor country in line (of which there are many). What Trump is doing is making China a far riskier proposition for capital investment, thereby causing businesses to look elsewhere for setting up shop. Not all of the business will relocate to the US. It's going to go to a variety of places. But knocking off China is paramount because they're the big cheaters globally. Even if the investment dollars go somewhere other than the US, the US still wins because 1) China is harmed, and 2) US consumers won't eat the tariffs on goods from China. Yeah I'm fully on board with this. No matter how you look at it, China represents a level of government control that sends shivers down my spine. In many ways, I see China as a bit of a cultural climate change. If China were ever to topple the US as the world's #1, I truly do think we'd be looking at dystopia. Every indication is that China will only become more and more oppressive. The idea of China's influence continuing to slowly grow scares me and I fully support anything that makes China's 100 year plan look worse. From the rest of the world's point of view, the US has already been doing really shitty things by leveraging its political and legal power for ages. For exemple by threatening embargos or unwarranted huge fines on EU companies, only to have a US company with insider knowledge and buy them at a cheaper price, while impying that the fines might disappear after the buyout (skewing the competition). https://www.counterpunch.org/2016/12/02/behind-ges-takeover-of-alstom-energy/Jean-Michel Quatrepoint highlights that, during the DoJ pursuit of Alstom, GE itself had in its employ around thirty former DoJ functionaries. The Wall Street Journal reported in February 2015 that GE had seen all the documentation regarding DoJ litigation against Alstom. What a coincidence! With all this legal muscle and insider knowledge, no-one in GE sought to disabuse Alstom heavies that the latter’s hope that the DoJ would cease its pursuit or that GE would pay a DoJ-inflicted penalty wasn’t going to happen.
Quatrepoint also notes that at least five companies known to be pursued by the DoJ have been snapped up by GE – Invision (US, 2004), Ionics (US, 2005), Amersham (UK, 2004), Nycomed (Norway, 2004) and Vetco Gray (UK, 2007). GE was well primed to pick up Alstom.
Moreover, GE was readily able to come up with the do-re-mi for the Alstom purchase because of its huge tax-evading cache offshore, courtesy of official tolerance. GE’s CEO since 2001, Jeffrey Immelt, pursued tax evasion as a specialist arm of GE’s activities. Quatrepoint notes that the relevant division of GE, under a former US Treasury specialist (what a coincidence!), employed around 950 staff. Quatrepoint also notes that, by end of 2012, GE had accumulated $108 billion offshore. Between 2002 and 2011, GE generated $80 billion in gross profits, but paid only $1.4 billion to the US exchequer. Taxes paid in other countries were negligible. Unfair trade practice and overall bullying of IP and other worldwide actors have been rampant for a long time, so I really don't see how China and its political involvment in commerce should trouble the rest of the world. Only the US, since it will have to compete with another bully. It's not a matter of "either being an asshole or not being an asshole". We can look at the details. As an example, look at this: https://vimeo.com/44078865This is not something you'd ever see in the US. I could put a big sign on my head that says "the US killed a ton of civilians last year and we are war criminals" and nothing would happen to me unless one of the creepy military militiaa wannabes got salty. I could sit right outside the white House saying we kill women and children and I could go home that night knowing I wouldn't disappear. I am not sure how trading less and having less cultural exchanges with a country will make it less authoritarian. If so, you should have stopped trading with Saudi Arabia a long time ago. It is not a valid reason for a trade war. When 2 companies trade, they both benefit, usually. Whether directly or indirectly. By trading with China, we help China. I want us to help China 0% because I see China as a ticking time bomb of cultural/social destruction. China sees no limit to its eventual size and influence. When I look at the current state of both countries, as evidenced by the video I linked, there is no question which side I support. The US also has a wildly different history which makes us a lot more skeptical of our leaders than China. China has "shut up and obey the government, for the good of China" built into its culture. Their support is significantly less wavering than our own. So they are not only more oppressive but they have more support from their own citizens. This is absolute nonsense. China isn't really that bothered about expanding its borders beyond its very immediate surroundings. Unlike America.
You couldn’t be more wrong. You may want to pay a little attention to what China is doing in Africa and the South China Sea.
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On June 13 2019 23:56 Jockmcplop wrote:Show nested quote +On June 13 2019 23:38 Mohdoo wrote:On June 13 2019 23:15 Neneu wrote:On June 13 2019 22:39 Mohdoo wrote:On June 13 2019 22:31 Nouar wrote:On June 13 2019 08:10 Mohdoo wrote:On June 13 2019 07:30 xDaunt wrote:On June 13 2019 07:25 Doodsmack wrote:On June 13 2019 06:56 xDaunt wrote:I've made previous posts about Trump's strategy with his trade war with China and specifically, his goal of leveraging American economic power and relations to brutalize China's economy and slow, if not halt, its ascendance as a global power, all while boosting domestic investment and output that had previously been going to China. The true harm to China from Trump's tariffs is starting to manifest itself now as multinational supply chains are beginning to shift out of China. TOKYO— Nintendo Co. is shifting some production of its Switch videogame console to Southeast Asia from China to limit the impact of possible U.S. tariffs on Chinese-made electronics, said people who work on Nintendo’s supply chain.
It is another example of manufacturers adapting to the tariff threat. Taiwan’s Foxconn Technology Group said Tuesday that it was ready to move assembly of Apple Inc.’s iPhones out of China if necessary, and Japan’s Sharp Corp. , which is controlled by Foxconn, said last week that it planned to move production of personal computers to Taiwan or Vietnam.
Kyoto-based Nintendo has traditionally relied on the Chinese factories of contract assembly companies to make its videogame hardware. That includes the Switch console, introduced in 2017.
The Wall Street Journal reported in March that Nintendo planned to update the Switch this year with two new models. One is set to look similar to the current model with beefed-up components, while the other is expected to be a less-expensive model with a new look.
People involved in the supply chain said production in Southeast Asia has started for the Switch, including the current type and the two new models, suggesting Nintendo is getting ready to introduce them soon. They didn’t give specific volume figures but said Nintendo wanted to have enough units to sell in the U.S., the largest market for videogame consoles, when the new products go on the market. Source. Looking back at the numerous trips that Trump has taken to Western pacific and Southeast Asian countries over the past two years, it is obvious that Trump has been laying the groundwork for this for a while. He's been preparing all of these countries and their businesses for a huge opportunity to steal business from China once the tariffs came into effect. This is why China is now threatening businesses that are considering redeploying operations outside of China and has otherwise been treating the trade war as an existential threat. They know that they're about to suffer a lot of economic pain. I can see how this harms China, but it doesn't bring jobs or investment back to the US. Instead the jobs go to the next cheap-labor country in line (of which there are many). What Trump is doing is making China a far riskier proposition for capital investment, thereby causing businesses to look elsewhere for setting up shop. Not all of the business will relocate to the US. It's going to go to a variety of places. But knocking off China is paramount because they're the big cheaters globally. Even if the investment dollars go somewhere other than the US, the US still wins because 1) China is harmed, and 2) US consumers won't eat the tariffs on goods from China. Yeah I'm fully on board with this. No matter how you look at it, China represents a level of government control that sends shivers down my spine. In many ways, I see China as a bit of a cultural climate change. If China were ever to topple the US as the world's #1, I truly do think we'd be looking at dystopia. Every indication is that China will only become more and more oppressive. The idea of China's influence continuing to slowly grow scares me and I fully support anything that makes China's 100 year plan look worse. From the rest of the world's point of view, the US has already been doing really shitty things by leveraging its political and legal power for ages. For exemple by threatening embargos or unwarranted huge fines on EU companies, only to have a US company with insider knowledge and buy them at a cheaper price, while impying that the fines might disappear after the buyout (skewing the competition). https://www.counterpunch.org/2016/12/02/behind-ges-takeover-of-alstom-energy/Jean-Michel Quatrepoint highlights that, during the DoJ pursuit of Alstom, GE itself had in its employ around thirty former DoJ functionaries. The Wall Street Journal reported in February 2015 that GE had seen all the documentation regarding DoJ litigation against Alstom. What a coincidence! With all this legal muscle and insider knowledge, no-one in GE sought to disabuse Alstom heavies that the latter’s hope that the DoJ would cease its pursuit or that GE would pay a DoJ-inflicted penalty wasn’t going to happen.
Quatrepoint also notes that at least five companies known to be pursued by the DoJ have been snapped up by GE – Invision (US, 2004), Ionics (US, 2005), Amersham (UK, 2004), Nycomed (Norway, 2004) and Vetco Gray (UK, 2007). GE was well primed to pick up Alstom.
Moreover, GE was readily able to come up with the do-re-mi for the Alstom purchase because of its huge tax-evading cache offshore, courtesy of official tolerance. GE’s CEO since 2001, Jeffrey Immelt, pursued tax evasion as a specialist arm of GE’s activities. Quatrepoint notes that the relevant division of GE, under a former US Treasury specialist (what a coincidence!), employed around 950 staff. Quatrepoint also notes that, by end of 2012, GE had accumulated $108 billion offshore. Between 2002 and 2011, GE generated $80 billion in gross profits, but paid only $1.4 billion to the US exchequer. Taxes paid in other countries were negligible. Unfair trade practice and overall bullying of IP and other worldwide actors have been rampant for a long time, so I really don't see how China and its political involvment in commerce should trouble the rest of the world. Only the US, since it will have to compete with another bully. It's not a matter of "either being an asshole or not being an asshole". We can look at the details. As an example, look at this: https://vimeo.com/44078865This is not something you'd ever see in the US. I could put a big sign on my head that says "the US killed a ton of civilians last year and we are war criminals" and nothing would happen to me unless one of the creepy military militiaa wannabes got salty. I could sit right outside the white House saying we kill women and children and I could go home that night knowing I wouldn't disappear. I am not sure how trading less and having less cultural exchanges with a country will make it less authoritarian. If so, you should have stopped trading with Saudi Arabia a long time ago. It is not a valid reason for a trade war. When 2 companies trade, they both benefit, usually. Whether directly or indirectly. By trading with China, we help China. I want us to help China 0% because I see China as a ticking time bomb of cultural/social destruction. China sees no limit to its eventual size and influence. When I look at the current state of both countries, as evidenced by the video I linked, there is no question which side I support. The US also has a wildly different history which makes us a lot more skeptical of our leaders than China. China has "shut up and obey the government, for the good of China" built into its culture. Their support is significantly less wavering than our own. So they are not only more oppressive but they have more support from their own citizens. This is absolute nonsense. China isn't really that bothered about expanding its borders beyond its very immediate surroundings. Unlike America.
China is literaly trying to expand its borders through man made islands in the SCS and is building the infrastructure to conquer asia and africa whenever it wants to.
I have no idea where you get the idea that america wants to expand its borders.
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EPT
