Trump is reportedly planning major new restrictions against China

[mobeau69]

Source: CNBC

President Donald Trump plans to bar many Chinese companies from investing in U.S. tech and to block additional technology exports to China, The Wall Street Journal reported on Sunday evening, citing people familiar with the matter.

The two measures are set to be announced by the end of the week, and are intended to counter Beijing's Made in China 2025 — a Chinese initiative to be a global leader in technology.

The Treasury Department is drawing up rules to block companies with at least 25 percent Chinese ownership from buying companies involved in "industrially significant technology," the WSJ said.

The National Security Council and the Commerce Department are also putting together plans for tighter export controls that will not allow "industrially significant technology" to be exported to China, the paper added.

Read more: https://www.cnbc.com/2018/06/25/trump-is-reportedly-planning-new-restrictionsagainst-china-wsj-repor.html

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The Space Force commander is going to lose this fight too. Oh well, he'll just blame it on Obama and the Democrats.


More at WSJ: https://www.wsj.com/articles/trump-plans-new-curbs-on-chinese-investment-tech-exports-to-china-1529883988

[Iliyah]

1. Russia has spoken

[bucolic_frolic]

2. It will be great when China refuses

to ship us any more computers that we designed and contracted with them to manufacture

[KY_EnviroGuy]

16. Or shiploads of Christmas toys.....

Or winter clothing...
Or New Year's fireworks...
Or small appliances....

They have lots to choose from.......

[Scarsdale]

17. Or demand

that tRump return the 500 million for his casino and resort on their land! He will say one thing, but nothing will be done to disrupt his business. He is in office to spread his business empire. The gop is going along, so they can destroy the safety nets, and get tax breaks for themselves and their wealthy donors. We can just pay taxes and shut up. You read the message on the nudie first "lady's" jacket.

[KY_EnviroGuy]

20. It all makes one wonder if....

he and the kids want to build dozens of Trump-branded immigrant camps around the country. China could provide all the faux stuff.

Yep, Melania's jacket sums up the GOP in a simple phrase. I see the "do you?" part is a dog whistle to say "follow me faithfully into the abyss".

......

[mountain grammy]

3. gee, what could possibly go wrong with that stupid idea?

[flibbitygiblets]

4. It will be great when China refuses to make Princess Ivanka's shitty handbags any more

They can always turn those kiddie prisons into child labor factories. Don't think he hasn't considered it.

[get the red out]

28. I hope they take that tactic

Oh the wailing and gnashing of teeth DAAAADDYYYYYYY!!!!!!!!

[Iliyah]

5. It would be great if China stop Ivanka's

trade marks and clothing line (t-rumps).

I have recently called T-Mobile and spoke with India and I believe an Asian representative.

[Wellstone ruled]

6. China is now the number one go to Country

since Trump and Putin stole the 2016 election. Watch for China to really rub our nose raw and walk away laughing.

[Bernardo de La Paz]

7. Trump is trying to fight a 1930s-style trade war on six fronts. If it goes on long

If it goes on long enough, the world will just stop trading with the US more and more and start trading with each other more and more.

MAGA: Making America Go Alone

[ProudMNDemocrat]

8. What happens when China has had enough and calls in its Marker.

For all the US debt of this country and wants to be paid back? What is Trump going to do? Forget our friends. He has pissed all them off.

What he will do is raid the SS Trust fund dlwn n to the last cent, leaving every Senior in this country high and dry. End Medicare and Medicaid, throwing out the sick and poor out of Hospitals and Nursing Homes.

And Republicans in Congress will not lift a finger to stop him.

[Scarsdale]

18. Why would they stop him?

Destroying the safety nets has been on their agenda for YEARS. Now Ryan can retire, he got what he wanted for his rich donors, making himself rich in the process. People should just stop buying the cheap Ivanka products. Who wants anything with THAT name on it?

[Iliyah]

9. China is working with Russia.

[SayItLoud]

10. Will ANY reporter ask him....

When are YOU and your stickin family going to stop making your shit products in China?

[Scarsdale]

19. He does not have

a single suit that fits him! The legs are so baggy, he could fit both of his legs into one pant leg. Of course, he would not be able to pull them up past that big gut and flabby arse. Never seen him looking put together, neat and tidy like President Obama always is. Sloppy man, in mind, body and attire.

[msongs]

11. meanwhile repubs are stacking the courts for the next 40 yrs nt

[Jerry Can]

12. When things don't go anyway near like expected....

Hair Furor doubles down.

It's the Art of the Deal that helped Orange Lump bankrupt six companies,

[RDANGELO]

13. They will retaliate, and there wil be a global recession.

Trump calls himself the great deal maker, but all he knows how to do is antagonize people. Maybe the Chinese and others have figured out that this is the best way to ensure the world is rid of him.

[elmac]

14. better be careful

he might just piss off his buddy in north korea

[keithbvadu2]

15. Yet he wants to save jobs at ZTE, jobs hacking America's cybersecurity.

Yet he wants to save jobs at ZTE, jobs hacking America's cybersecurity.

Amazing how a half billion $ loan to a Trump related project can make him love Chinese jobs over American workers.

[beachbum bob]

21. China will prepare for another measured response to this...

perhaps a trade embargo is coming when no exports to US businesses are allowed...? Perhaps dumping US treasuries altogether??? Perhaps suspending all investments?

[chelsea0011]

22. Is there anyone around him to tell him you can't win a trade war with China

without a slaughter of the American work force at home. Walmart would have to shut it's doors.

[mobeau69]

24. "Telling's" not the problem; listening is.

He thinks he's smarter than all of the experts. What a terrible mess we're in.

[chelsea0011]

31. You are correct about that.

[Orsino]

23. Putin is reportedly planning major new restrictions against China.

Fixed it for you.

[roamer65]

25. China has basically embargoed soybeans.

Just wait until they do it to rare earth elements, where they hold a near monopoly. If they pull that card, it’s game over.

[Freethinker65]

26. Ban China from investing in Trump businesses and properties.

[AlexSFCA]

27. such treatment will result in xenophobia against asians in the US

latinos and muslims first then asians;

[C_U_L8R]

29. He's going to bankrupt us

and that's one thing he's actually expert in.

[dembotoz]

30. remember how we used to laugh at japan til sony and toyota ate our lunch?

we brag about our technology
we brag about our innovation

well bucko that ship has sailed
the china spend on technology dwarfs ours

where is all the investment going on for high speed optical equipment and implementation
Hint.....it ain't over here.....