‘Business as Usual’ – Peace / Safety / Destruction / Economic Collapse
Jesus said the coming of the Son of Man will be just like the days of Noah (Matthew 24:37-39). The thing about the days of Noah is that even in the midst of terrible apostasy, evil, violence, and rebellion against God, the people went ahead with their normal lives. They planted fields, they harvested crops, they built houses, they got married, and they had children. They went about business as usual, until the very day that Noah entered the ark, and then destruction came and took them all away
1 Thessalonians 5:3 For when they shall say, Peace and safety; then sudden destruction cometh upon them, as travail upon a woman with child; and they shall not escape.
Revelation 13:16-17 And he causeth all, both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads: And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name.
Business as Usual? Convergence of Economic Signs: Tariff-in-Chief threatens worse trade deal for China if Beijing stalls until after his re-election
Published time: 30 Jul, 2019 14:53Edited time: 30 Jul, 2019 17:52
US President Donald Trump has once again criticized China’s trade practices, warning negotiations could get tougher. The statements come as Beijing and Washington are headed into another round of trade negotiations in Shanghai.
In a series of tweets on Tuesday, Trump warned if China waits and he wins re-election, the trade deal will be much tougher for Beijing.
“China is doing very badly, worst year in 27 – was supposed to start buying our agricultural product now – no signs that they are doing so. That is the problem with China, they just don’t come through,” Trump wrote.
“My team is negotiating with them now, but they always change the deal in the end to their benefit. They should probably wait out our Election to see if we get one of the Democrat stiffs like Sleepy Joe. Then they could make a GREAT deal, like in past 30 years, and continue to ripoff the USA, even bigger and better than ever before.”
US Treasury Secretary Steven Mnuchin and Trade Representative Robert Lighthizer will meet on Tuesday and Wednesday in Shanghai with a delegation led by China’s Vice Premier Liu He.
According to Trump, “The problem with them waiting, however, is that if & when I win, the deal that they get will be much tougher than what we are negotiating now… or no deal at all. We have all the cards, our past leaders never got it!”
Beijing rejected Trump’s accusations, insisting that China has purchased US agricultural products. It announced on Sunday that millions of tons of US soybeans have been shipped to China since July 19. According to Xinhua News Agency, Chinese companies are looking for soybeans, cotton, pork, and sorghum.
China agreed earlier to narrow its multibillion-dollar trade surplus with the US by purchasing more American soybeans, natural gas, and other exports. The pledge was revoked after Trump started hiking tariffs last year.
The two countries have been locked in a trade war since 2018, when Washington slapped 25-percent tariffs on $50 billion worth of Chinese products, triggering a similar response from Beijing. Since then, the sides have exchanged several rounds of tit-for-tat levies. In June, the Trump administration increased tariffs on $250 billion worth of Chinese goods to 25 percent, and China hit back, raising tariffs up to the same rate on 5,000 US goods worth $60 billion.
Beijing and Washington paused the tariff hike exchanges following talks between the two nations’ leaders on the sidelines of the G20 summit last month.