China threatens to unleash a tsunami on the world to retaliate against tariff humiliation

[mystery-ak]

China threatens to unleash a tsunami on the world to retaliate against tariff humiliation
April 10, 2025 | Vivek Saxena

China’s investments in factories have the potential to spur factory closings and layoffs worldwide, including here in the United States.

“The tsunami is coming for everyone,” Katherine Tai, who previously served as former President Joe Biden’s trade representative, warned the New York Times.

According to the Times, China has spent $1.9 trillion over the past four years building new factories and upgrading old factories with robots and automation.

“China is using more factory robots than the rest of the world combined, and most of them are made in China by Chinese companies,” the Times notes. “After several years of rapid growth, overall installations of new factory equipment have already jumped another 18 percent this year.”

more
https://www.bizpacreview.com/2025/04/10/china-threatens-to-unleash-a-tsunami-on-the-world-to-retaliate-against-tariff-humiliation-1535429/

[Canuck Conservative]

China is an export-driven economy, so they only succeed because we let them freely into our markets.

Restrict that, and China withers ...

[roamer_1]

China is an export-driven economy, so they only succeed because we let them freely into our markets.

Restrict that, and China withers ...

Without alternative sources, we ALL wither - Which is the point.

[cato potatoe]

It seems like an ancient culture like China would show more interest in sustainable development instead of leading this race to the bottom.  I've been over there several times, and the environment is always disgusting ... waterways filled with trash, air choked with particulate matter (even in rural areas), rampant deforestation, animal abuse, nauseating wet markets.  Brain drain is a real problem.

[DefiantMassRINO]

Like a toddler, China will throw a hissy fit when it doesn't get its way.  Like my drunken Irish grandfather, the world needs to wallop its behind with a leather belt.

China will attempt to use its purchase and ownership of US Debt as leverage.  If China does not buy new debt, or it sells existing debt, it will drive up interest rates as bond prices fall.

Yesterday's bond sell-off and $3,100/oz gold indicate that the world is losing faith in the US dollar and the "full faith and credit of the US Government."

One affect Trump may like, but dollar hawks don't, is the decline in the value of the US dollar versus other major foreign currencies, like the Euro.  In theory, this would make American goods cost less overseas.  On the other hand, it could make the US into the next Argentina or Zimbabwe.  No nation has devalued its currency to greatness.

[catfish1957]

I need to check, but the last I remember, I thought the Chicoms had already dumped their 30 year treasuries.

Update:
Second most behind Japan.  $800B. or 2%.

Hope the Chicoms realize that constitutes at most 1 year of their trade balance with us.

And that at higher incremental rate, there will be plenty of institutional investors to fill the gap.

[DefiantMassRINO]

Let's hope Trump doesn't piss of Luxembourg and the Cayman Islands.

[catfish1957]

Let's hope Trump doesn't piss of Luxembourg and the Cayman Islands.

Outside their (Chicom) rare earth minerals,  US treasuries might be about the most stable investment and asset base that  they have.  I was surprised, that they are way down in 6th world wide in gold reserves.  About 1/4 of what we supposedly  have.

[mountaineer]

Jeremy Carl
@realJeremyCarl
Re: China's freeze on rare earth mineral exports to America: Montana would be happy to help solve our rare earth minerals problem.
We just need the feds to get out of the way.
Last edited
7:35 PM · Apr 13, 2025

[DCPatriot]

https://www.youtube.com/watch?v=v1MYJI7w3FU