Does the US have any contingency plans for Chinese trade aggression?

vherub

CAGiversary!
Feedback
26 (100%)
Are there any sites that show what percentage of components China is the sole, or primary supplier, and if they were to cease supplying the US these goods, where, if anywhere, those could instead be sourced without disruption?
Is there anything that shows what the effect on the military-industrial complex and medical industries specifally would be? Or what electronics would no longer be readily available?
Perhaps I am wrong, but it seems to me that the sub-industries we have lost have significant barriers to re-entry. And we wouldn't be able to simply invade a country and force them back to work producing our widgets.
So has there been any government studies to examine what industries are most vulnerable, what steps would need to be taken to seek alternate sourcing and at what point would we (have we) passed beyond which restarting an industry would be impossible without significant government intervention?
 
China has a near monopoly on rare earth materials.

A lot of the high tech stuff has the majority of the components made in Japan or Korea and they are merely assembled in China.

It is a problem that some things are simply not made in the US anymore and the equipment is either mothballed or more likely sold to foreign companies.

There are no easy answers.
 
[quote name='Msut77']China has a near monopoly on rare earth materials.

A lot of the high tech stuff has the majority of the components made in Japan or Korea and they are merely assembled in China.

It is a problem that some things are simply not made in the US anymore and the equipment is either mothballed or more likely sold to foreign companies.

There are no easy answers.[/QUOTE]

That's called an insurance policy in case we ever decided not to pay our debt.

P.S. China was also very heavily invested in US mortgage backed securities for the same reason.
 
Last edited by a moderator:
Well China has been going through bad inflation for over 2 years now and it isn't going away.

If it continues at the same rate some goods will have doubled in price.

We shall see how long that will last.
 
[quote name='Msut77']Well China has been going through bad inflation for over 2 years now and it isn't going away.

If it continues at the same rate some goods will have doubled in price.

We shall see how long that will last.[/QUOTE]

Until after the 2012 elections.:lol:
 
[quote name='Clak']They want to sell as badly as we want to buy.[/QUOTE]
It's like the American housing market in slo mo. They know they HAVE to stop it but they can't figure out how without pulling the roof down on their own heads.

It'll be super interesting. I'd much rather be us than them right now.
 
I find the idea of China initiating a trade war preposterous. Beyond resurrecting the Yellow Peril and the fact that it is completely antithetical to having an already deeply integrated global economy, China has been in the process of using proxy states to export misery to in order to keep labor costs more stable for years. If anything, any aggression would come from the US to maintain US global hegemony as there are still plenty of places to exploit labor.
 
Here's a good contingency plan:

Instead of acting isolationist, we should open trade, travel, and diplomatic status with Iran, Syria, Palestine, Cuba, North Korea, and any other blacklisted country.
 
Last edited by a moderator:
bread's done
Back
Top