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(edited)

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Edited by Falcon

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The American economy and trade issues with China trump (pun intended) any issue with Iran and North Korea.

The Iranian and North Korean pots have been simmering for decades, there is no rush to sort them out immediately. The Chinese have historically played the 'long game' and would like to wait Trump out and deal with a newer, weaker administration. But their economy cannot survive another year and a half of this trade war, let alone another five and a half if Trump gets re-elected - which is looking very possible.

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9 hours ago, Falcon said:

Xi Jinping traveled to North Korea this week ahead of G20. Many believe the purpose is to work out agreement with Kim so as to have a trade chip to play with Trump next week.

Iran crude exports down to about 300k bbls a day. Half is allowed gasoil , other half crude thru Iraq. China has stopped buying Iran's oil . . .  for now.  If China continues to NOT buy Iran's oil Iran's economic collapse would be inevitable. 

Trump is actually winning on both Iran and Chinese fronts.  Both thought they could run out the clock until a more accommodating administration took over in 2020.  To much irreparable damage to both their economies would be inflicted on their economies within that time. They don't have 1 1/2 years.  

WOULD Trump take the Iran and North Korean victories at the expense of allowing Chinese World Hegemony ?

SHOULD he take the hypothetical deal ?

 

 

Two separate things, should leave them all "stand alone" independent of each other, however, Iran affects CHina big time for their energy needs etc, so we have more leverage with China in trade + Iran if we were to complicate things further

 

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(edited)

On 6/22/2019 at 2:25 AM, ceo_energemsier said:

 

Edited by Falcon

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1 hour ago, Falcon said:

I'm hearing more talk of Xi endorsing North Korean trade deal if Trump gives on the trade deal. 

The political trade game between Trump and Xi (with the sub-plot of North Korea) is becoming my latest political soap opera addiction.

Continuing on with the many alternative updates from Sundance on Conservative Tree House AKA The Last Refuge:

Beijing Shocked President Trump Maintains Wrong Thinking to Magnanimous Panda Ahead of G20

Oh dear, China is unhappy.  According to the Global Times President Trump is not “showing enough good faith” to demonstrate he “wishes to ease the trade tensions” with magnanimous panda. Sincerity is not being observed.

The G20 is coming up next week.  Magnanimous panda has exhibited great gesture with North Korea.  Expectations of reciprocal acquiescence abound, and yet President Trump is maintaining wrong thinking toward trade conflicts with China.

Beijing is not pleased; not pleased at all:

Global Times – Ahead of President Xi Jinping’s trip to attend the G20 summit, which takes place from Thursday to Saturday, the US is not showing enough good faith to demonstrate that it wishes to ease the trade tensions, Chinese observers said.

G20 members should unite to oppose protectionism and unilateralism at the summit, and be realistic about the prospects that the two largest global economies will reach a deal in the near future, they said.  ...

...  Unless President Trump adopts a conciliatory tone, the glory of great panda will be diminished…  Currently President Trump is not displaying the approach required to facilitate global panda unity.

The pre-G20 signals tomorrow and Tuesday should be quite fun.

 

Ahead of the #G20 summit, which takes place from Thursday to Saturday, the #US is not showing enough good faith to demonstrate that it wishes to ease the #trade tensions with China: observers. http://bit.ly/2N8yYbx 

 
 

 

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Beijing really thought the 'Magnanimous Panda' ploy would work.

They really did.

Seriously.

It's just too darn funny.

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