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Old 13th Oct 2018, 11:09
  #269 (permalink)  
tiredofstupidity
 
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Originally Posted by unitedabx
The Trump trade tariffs are hitting China very hard, much more so than their tit-for-tat responses on the USA. The USA can buy and sell from anyone. China sells to the world if allowed to and buys from a very limited supply chain. Currency control imposed in China and Hong Kong to stop the flow of ill gained cash leaving their economy. There main raw materials supllier ( Australia ) on an earnings warning. If one Chinese bank falters the whole pack of cards could follow. If as Trump has hinted the next round of tariffs is on airframes from Boeing then the aviation game is over in China. Airbus can't fill the gap and would not be allowed too and the Chineses domestic airframe programme doesn't meet international standards. Worrying times for any mainland carrier.
I’m not sure what you mean. Tariffs are generally imposed on imports, not on goods American companies are selling to willing buyers. Kind of defeats the purpose to hurt businesses at home. Especially big ones like Boeing, who are unlikely to sit idly by while their order book is emptied. They most certainly have political capital to influence trade policy. See the C-Series as an example.

The US is as likely to “collapse” as China. If we’ve learned anything it’s that these events are almost entirely unpredictable and far worse than imagined.
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