Sounds like China just got an MBA.

(http://www.autoadmit.com/thread.php?thread_id=4317118&forum_id=2#38642183)

Should those talks fail, the U.S. can take a number of small steps in retaliation, including stopping the U.S. Overseas Private Investment Corp., a government development agency, from financing any programs in China. Trouble is, the United States already suspended OPIC operations in China years ago — to punish Beijing in the aftermath of the bloody 1989 crackdown in Tiananmen Square.

So naming China a currency manipulator is mostly “just a jaw-boning exercise,” said Amanda DeBusk, chair of the international trade department at the law firm of Hughes Hubbard & Reed and a former Commerce Department official. “There’s no immediate consequence.”

https://www.cnbc.com/2016/12/29/what-it-means-if-trump-names-china-a-currency-manipulator.html

(http://www.autoadmit.com/thread.php?thread_id=4317118&forum_id=2#38642204)

hmm

also:

https://www.marketwatch.com/story/manufacturing-employment-in-the-us-is-at-the-same-level-of-69-years-ago-2019-01-04

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U.S. enjoys best manufacturing jobs growth of the last 30 years

Published: Jan 4, 2019 2:14 p.m. ET

Manufacturing employment in the U.S. is at the same level as 69 years ago

Last year, 264,000 new manufacturing jobs were added, representing the highest number of new workers since 1988. As a percent of the total workforce, manufacturing rose for the first time since 1984.

(http://www.autoadmit.com/thread.php?thread_id=4317118&forum_id=2#38642278)

also

https://www.thestreet.com/markets/china-currency-slide-could-hit-trump-where-it-hurts-in-us-manufacturing-15045229

And despite the U.S. economy setting new records daily for its continuous stretch of growth, now at 10 years and counting, the manufacturing sector has been in contraction. According to the Federal Reserve, U.S. factory production declined at an annual rate of 2.2% during the second quarter, even as the overall economy expanded at a 2.1% pace.

Such statistics would appear to collide with Trump's oft-stated goal of a U.S. manufacturing revival, starting as early as his 2016 presidential campaign.

During a speech in August 2016 in Detroit -- home of the nation's auto industry and headquarters to manufacturing giants General Motors (GM - Get Report) and Ford (F - Get Report) -- he said he would enter into "no trade deal unless it increases our economic growth and strengthens our manufacturing base."

(http://www.autoadmit.com/thread.php?thread_id=4317118&forum_id=2#38642287)

Trump's policy has been a failure at stanching the bleeding. All it's done is increase taxes on consumer goods and rock the markets.

https://www.thestreet.com/markets/china-currency-slide-could-hit-trump-where-it-hurts-in-us-manufacturing-15045229

(http://www.autoadmit.com/thread.php?thread_id=4317118&forum_id=2#38642305)

"China plays the long game," Pantheon Macroeconomics, a highly respected forecasting firm, wrote Monday in a report to clients. "The higher the tariffs go, the further Mr. Trump's chance of reelection falls." "

https://www.thestreet.com/markets/china-currency-slide-could-hit-trump-where-it-hurts-in-us-manufacturing-15045229

For the U.S. industrial sector, a major risk is that volatile foreign-exchange rates with key trading partners could rattle manufacturing executives, prompting them to cancel or delay factory upgrades or assembly-line expansions until the dispute is resolved.

"The real impact of the current friction is the confusion it creates for businesses that must reassess their supply chains and investment decisions amid uncertainty about where tariffs may fall," said Christopher Smart at Barings Investment Institute.

The U.S. is a big exporter to China of manufactured goods like transportation equipment, computers and electronics, as well as non-manufacturing items like agricultural products, oil and gas, and services like travel and professional services.

"The manufacturing sector's woes are plentiful and mounting, with trade tensions and uncertainties, soft global growth, production and trade, inventory overbuild and the strong U.S. dollar," said Mickey Levy, chief economist for the Americas and Asia at Berenberg Capital Markets. "The weakness will persist as long as China's economy remains weak and suppresses global trade volumes and growth, and until the U.S. and China reach an agreement that eases trade tensions and uncertainties."

(http://www.autoadmit.com/thread.php?thread_id=4317118&forum_id=2#38642323)

Or that NAFTA wouldn't cause the US to lose jobs?

Those economists?

Appealing to discredited authorities is an interesting way to argue a point

(http://www.autoadmit.com/thread.php?thread_id=4317118&forum_id=2#38642356)

https://www.wsj.com/amp/articles/sec-revives-fight-over-inability-to-inspect-chinese-auditors-of-alibaba-baidu-1544229843

(http://www.autoadmit.com/thread.php?thread_id=4317118&forum_id=2#38642300)

NTTimes says we have a better army than you.

(http://www.autoadmit.com/thread.php?thread_id=4317118&forum_id=2#38642592)

Neither of those happened.

(http://www.autoadmit.com/thread.php?thread_id=4317118&forum_id=2#38643926)

read up on Triffin's Paradox: https://en.wikipedia.org/wiki/Triffin_dilemma

Basically, so long as the US Dollar is the world's reserve currency, it must maintain a trade deficit. However, that also gives that nation and its central bank the privilege of printing money and exporting the inflation. It keeps domestic borrowing costs low and asset prices elevated, while allowing financial institutions to borrow cheaply and go out and plunder the world's real wealth.

(http://www.autoadmit.com/thread.php?thread_id=4317118&forum_id=2#38644108)

The Chinks want to blow up the current world order. We dont need to help them do it.

Pax Americana has been to everyone’s benefit.

(http://www.autoadmit.com/thread.php?thread_id=4317118&forum_id=2#38644196)