Showing posts with label China has only one choice move. Show all posts
Showing posts with label China has only one choice move. Show all posts
Saturday, May 11, 2019
TRADE WAR: IT IS GAME ON CHINA.
ICHEOKU says a no nonsense business mogul turned president, who understands how deals are made; the man who authored The Art of the Deal, President Donald John Trump, has once again shown that he does not usually bluff. That he always says what he means and always means what he says; and that whenever he makes a promise, he intends to keep the promise.
The promise maker and promise keeper, has once again kept his promise to make China either negotiate an acceptable trade deal or it is tariffs all the way. President Donald John Trump, tired of Chinese foot dragging in making an acceptable trade deal, has imposed tariffs on $200 billion worth of Chinese exports to America.
ICHEOKU says definitely a case of he who has the gold determining the tune and China has little to zero choice in the matter. It has a bludgeoning 1.6 billion people to feed and also provide employment for and will need all the markets it can find, including the American golden market for its products, in order to keep its factories humming and food on the tables of her citizens who are working in those production lines. So any disruption to the chain of production as a result of reduced demand because of increased prices, will surely take a serious hit on China's overall economy.
But will the even cunning China find a way to wriggle its way out of this tariffs or be forced to come to the table of negotiation with a sincerity of purpose or completely call the bluff the United States of America? Only time will tell as China now has a choice to make as it sees fit, either to play ball or remain obstinate.
ICHEOKU says fully and completely supports the move by President Donald John Trump to hold China accountable and force its compliance to acceptable fair trade practises and business relationship. It will also curb Chinese everlasting cutting of corners and taking undue advantage of a once skewed trade relationship with America. Enough of the cheating and enough of allowing the Chinese to get away with nearly everything they wanted, just to help them get somewhere; a privilege which they have continuously abused until President Donald John Trump came into office to say enough is enough.
Anyway, as ICHEOKU, alongside the interested world, wait to see what happens following the newly imposed tariffs; hopefully, China will realize that their game is up and that they have only one choice in the matter, to negotiate in good faith an acceptable and fair trade deal with America, period.
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