In a bad sign for trade talks, Trump deploys a new label for China’s Xi – ‘enemy’

[F-22Raptor]

Even as trade tensions continued to heat up, President Donald Trump would make sure to refer to China’s president, Xi Jinping, as his “friend.” On Friday, though, Trump unveiled a new label for his Chinese counterpart: “enemy.”

In one of a series of tweets that rattled markets, the president posed a question to his more than 60 million followers comparing Xi to Federal Reserve Chairman Jerome Powell.


“My only question is, who is our bigger enemy, Jay Powell or Chairman Xi?” Trump wrote.

The tweet came shortly after China announced that it will impose 5%-10% tariffs on $75 billion worth of U.S. goods and reinstate duties on American autos. The tariffs will come in two batches, on Sept. 1 and Dec. 15, which are the same days that Trump’s newest round of tariffs on Chinese goods will go into effect.

The S&P 500 index of large publicly traded companies was down about 1.8% Friday morning after briefly going positive. Trump also said Friday that he had “hereby ordered” U.S. firms to seek an “alternative ” to China.

At first blush, Trump’s comment was striking not for its slam on the communist leader, but for the critique of the American central bank chairman whom Trump himself appointed.


But it also suggests that the president’s personal relationship with Xi, which Trump has touted as the best route to completing a major trade deal uniting the world’s two largest economies, is at a low point.

https://www.cnbc.com/2019/08/23/bad-sign-for-trade-talks-trump-calls-china-president-xi-enemy.html

 

[nang2]

And Dow Jones Index just elaborates on what it means to US.

 

[Hakikat ve Hikmet]

It's a "with us, or against us" moment!!!! And, the guys in the receiving end aren't outsiders...

 

[8888888888888]

Wonder what will happen if China just close market access to USA companies.

 

[lcloo]

Airbus forecast for future civilian jet sales in China. Boeing is going to lose big time if China cut off Boeing imports.

Airbus’ Global Market Forecast (GMF) for 2018-2037 offers a forward-looking view of the air transport sector’s evolution – accounting for factors such as demographic and economic growth, tourism trends, oil prices, development of new and existing routes, and ultimately highlighting demand for aircraft covering the full spectrum of sizes from 100 seats to the very largest aircraft over 500 seats.

Entitled “Global networks, Global citizens,” this new forecast – which serves as a reference for airlines, airports, investors, governments, non-governmental agencies and others – anticipates that air traffic will grow at 4.4% annually, requiring some 37,400 new passenger and dedicated freighter aircraft at a value of US$5.8 trillion over the next 20 years.

For the 2018-2037 Global Market Forecast, Airbus addresses aircraft segmentation in the Small (S), Medium (M), Large (L) and Extra-Large (XL) categories to better reflect the use of aircraft within and between market segments.

 

[8888888888888]

Airbus forecast for future civilian jet sales in China. Boeing is going to lose big time if China cut off Boeing imports.

Airbus’ Global Market Forecast (GMF) for 2018-2037 offers a forward-looking view of the air transport sector’s evolution – accounting for factors such as demographic and economic growth, tourism trends, oil prices, development of new and existing routes, and ultimately highlighting demand for aircraft covering the full spectrum of sizes from 100 seats to the very largest aircraft over 500 seats.

Entitled “Global networks, Global citizens,” this new forecast – which serves as a reference for airlines, airports, investors, governments, non-governmental agencies and others – anticipates that air traffic will grow at 4.4% annually, requiring some 37,400 new passenger and dedicated freighter aircraft at a value of US$5.8 trillion over the next 20 years.

For the 2018-2037 Global Market Forecast, Airbus addresses aircraft segmentation in the Small (S), Medium (M), Large (L) and Extra-Large (XL) categories to better reflect the use of aircraft within and between market segments.

This will work if Trump is still president.