Alibaba scraps promise of 1 million jobs in America after latest Trump Tariff on China

  • You are viewing Orangepower as a Guest. To start new threads, reply to posts, or participate in polls or contests - you must register. Registration is free and easy. Click Here to register.
Jul 25, 2018
196
75
28
47
Boulder, CO
#21
In June 2017...2,200 Cherry farms in Oregon, Washington, and Idaho sold 20,000 tons of cherries directly to China.

After the Jack Ma/Trump meeting in Jan 2017 where it was announced Asians would have more opportunity for fresh US fruit the demand for cherries from the US rose by 22% through Alibaba


This article walks through the process of selling via Alibaba for US farmers.

Start harvest at 4am, pick, clean, pack, chilled and on a UPS flight China by the end of the same day. 12 hrs later the cherries are in Shanghai or Beijing where they are repacked and shipped to consumers for final delivery.

http://www.chinadaily.com.cn/world/2017-06/22/content_29833937.htm
Pretty damn amazing.
 

Duke Silver

Find safe haven in a warm bathtub full of my jazz.
A/V Subscriber
Sep 17, 2004
25,233
13,395
1,743
Cozy's Bar
#23
yeah...and the demand now is based on 300 million middle class Chinese people. In 10 years the Chinese middle class is expected to double to 600 million.

US farmers could be making a KILLING off of selling to this market if Trump's tariff war doesn't Eff up the opportunity.
Chinese middle class?????? Pfffft
 

Binman4OSU

Legendary Cowboy
Aug 31, 2007
27,860
15,568
1,743
Stupid about AGW!!
#25
Chinese middle class?????? Pfffft
Call them what you want...not really the point.

They have 100's of millions of people with money...and we have products, manufactures and farmers who make products they crave and want to buy.

Trump needs to get out of the way with him damn Tariff games and let the American economy work when it comes to dealing with Alibaba and Asian markets.
 

Duke Silver

Find safe haven in a warm bathtub full of my jazz.
A/V Subscriber
Sep 17, 2004
25,233
13,395
1,743
Cozy's Bar
#26
Call them what you want...not really the point.

They have 100's of millions of people with money...and we have products, manufactures and farmers who make products they crave and want to buy.

Trump needs to get out of the way with him damn Tariff games and let the American economy work when it comes to dealing with Alibaba and Asian markets.
They have a ruling class with money. Everyone else is getting enough to not die.
 

NotOnTV

BRB -- Taking an okie leak
Sep 14, 2010
7,077
5,571
743
Gondor
#27
I don't know if I "hate" them, but they are the one country I feel like we should be playing hard ball with as far as trade negotiations. However I just wish it was this clown and his hand picked protectionist puppets doing this. They are absolutely horrible and will ultimately get their asses handed to them by the Chinese or we will end up pulling back into a shell and letting the world do business without us.
Mighty big assumption that your Chinese heroes will hand them their asses, even though that's what you are hoping and praying they do. China is built on a bigger house of cards than the United States.
 
Nov 16, 2013
2,565
1,871
243
32
tractor
#28
They could though Alibaba as it skips the co-ops and goes through Asian based agricultural product suppliers..which gave them access to China, SW Asia, and India. 200 million people in Asia buy Agricultural products every day on Alibaba

For "fresh" farm products Alibaba has a strict 72 hour delivery target from harvest to delivery. They have set up joint venture partnership with UPS which has started 200 flights from the US to 2 ports in China every week.

US Farmers can connect to an Asian based Agricultural supplier, the products are ordered online and the suppliers source them from US farms who harvest and pack and send them directly to UPS who puts them on a plane bound to China to meet the 72 hr goal.
You don't know much about farming do you? Our biggest exports can't be mailed in 72 hours, they are large volume exports that require a ship. Something like you are writing about might happen with fresh fruits. Grains, beans, cotton and meats are shipped in shiploads due to the size of the contracts.

If you make a direct contract you had better be able to deliver on it and you need to have puts on it to protect your price. Contracts with Asian companies can blow up quickly. If they don't like how your product looks they can cancel the contract. It's not as simple as one would think.

The tariff money has just started the application period in Oklahoma.
 
Oct 30, 2007
2,742
2,496
1,743
#29
https://www.nytimes.com/2018/09/18/business/china-trade-war-retaliate.html
This article is an interesting read on the trade war with China. To date, China has matched U.S. tariffs dollar for dollar. But the U.S. has a huge trade deficit with China and they have 4X the amount of imports to tariff. They can't match the $200B in tariffs the U.S. has announced.

I don't really follow China's economy, but I see that their stock market is down 24% from highs earlier this year. It looks like the trade war is hurting their economy a lot more than ours. It's only going to get worse now that they won't be able to match U.S. tariffs.

You have to think that at some point China has to back down. It sure seems to be in their best interest.
 

NotOnTV

BRB -- Taking an okie leak
Sep 14, 2010
7,077
5,571
743
Gondor
#30
In June 2017...2,200 Cherry farms in Oregon, Washington, and Idaho sold 20,000 tons of cherries directly to China.

After the Jack Ma/Trump meeting in Jan 2017 where it was announced Asians would have more opportunity for fresh US fruit the demand for cherries from the US rose by 22% through Alibaba


This article walks through the process of selling via Alibaba for US farmers.

Start harvest at 4am, pick, clean, pack, chilled and on a UPS flight China by the end of the same day. 12 hrs later the cherries are in Shanghai or Beijing where they are repacked and shipped to consumers for final delivery.

http://www.chinadaily.com.cn/world/2017-06/22/content_29833937.htm
You don't know much about farming do you? Our biggest exports can't be mailed in 72 hours, they are large volume exports that require a ship. Something like you are writing about might happen with fresh fruits. Grains, beans, cotton and meats are shipped in shiploads due to the size of the contracts.

If you make a direct contract you had better be able to deliver on it and you need to have puts on it to protect your price. Contracts with Asian companies can blow up quickly. If they don't like how your product looks they can cancel the contract. It's not as simple as one would think.

The tariff money has just started the application period in Oklahoma.
So in other words, the story from China News is:

 
Jul 20, 2018
491
77
28
58
77539
#31
yeah...and the demand now is based on 300 million middle class Chinese people. In 10 years the Chinese middle class is expected to double to 600 million.

US farmers could be making a KILLING off of selling to this market if Trump's tariff war doesn't Eff up the opportunity.
Exactly how is it Trump's fault that the Chinese decided to raise their tariff on goods imported from the U.S.? Were there tariffs on U.S. goods prior to Trump? Whose fault was that and were you complaining then?