Why America’s Trade War With China Will Be Absolutely Crippling For The U.S. Economy

The following article was originally published by Michael Snyder at The Economic Collapse Blog. His articles are spot on and his relentless research gives us a glimpse of what clearly may happen in the days ahead. I challenge you to read his article below carefully and then consider exactly what he is saying. Then turn to your Bible and consider how Bible Prophecy is a warning to the clear and present danger America and the rest of the world is facing right now. The days ahead will present many problems and heartaches for the people of earth; if you have not prepared in your heart, mind and soul in Jesus Christ as your Lord and Savior, then in your troubles you may not find any comfort. (Used by permission)

Why America’s Trade War With China Will Be Absolutely Crippling For The U.S. Economy

By Michael Snyder, on June 2018

Can the global financial system handle a full-blown trade war between the two largest economies on the entire planet?  We have never seen anything like this happen in the modern age, and this is creating a tremendous amount of uncertainty for the financial markets.  Yes, something had to be done, and I have been writing about this for years.  China has been stealing our intellectual property, manipulating currency rates and slapping high tariffs on American goods.  We simply could not allow China to continue to take advantage of us, but now we are so dependent on the Chinese that a trade war with them is going to inevitably produce a great deal of pain.  We are all going to wish that another way could have been found to resolve this crisis, because in the short-term this is definitely going to hurt the U.S. economy.  And if President Trump chooses to press forward with trade wars against Europe, Canada and Mexico at the same time as well, the pain for our economy is going to be off the charts.

Most Americans didn’t even notice, but Donald Trump fired a shot that was very clearly heard all the way over in China on Friday when he slapped a tariff of 25 percent on 50 billion dollars worth of Chinese products

China accused the United States of firing the first shot on Friday when the White House said that it would impose tariffs of 25% on $50 billion worth of Chinese goods.

The announcement confirms a threat first made by President Donald Trump in March and follows months of trade talks between the two sides. A truce was announced in May, but it proved short-lived.

“The United States has kept changing its mind and now launched a trade war,” China’s Commerce Ministry said in a statement.

The Chinese retaliated almost immediately by slapping a 25 percent tariff on 50 billion dollars worth of our goods

China will slap hefty tariffs on U.S. goods in retaliation for President Trump’s decision to levy duties on $50 billion worth of Chinese imports.

Beijing will impose an additional 25 percent tariff on a total of 659 U.S. imports worth about $50 billion, according to a statement on the country’s Ministry of Finance website.

The first batch of tariffs will hit 545 U.S. products worth about $34 billion, including agricultural products, such as soybeans, corn and wheat, automobiles, beef, pork and seafood, and will start July 6.

President Trump took the weekend to think about it, and on Monday he decided to raised the stakes much higher.

If the Chinese really do go ahead with their tariffs, the Trump administration is going to hit them with a 10 percent tariff on another 200 billion dollars worth of their goods.  The following is from Trump’s official statement

This latest action by China clearly indicates its determination to keep the United States at a permanent and unfair disadvantage, which is reflected in our massive $376 billion trade imbalance in goods. This is unacceptable. Further action must be taken to encourage China to change its unfair practices, open its market to United States goods, and accept a more balanced trade relationship with the United States.

Therefore, today, I directed the United States Trade Representative to identify $200 billion worth of Chinese goods for additional tariffs at a rate of 10 percent. After the legal process is complete, these tariffs will go into effect if China refuses to change its practices, and also if it insists on going forward with the new tariffs that it has recently announced. If China increases its tariffs yet again, we will meet that action by pursuing additional tariffs on another $200 billion of goods. The trade relationship between the United States and China must be much more equitable.

If China does not match each round of tariffs they will look weak, and if Trump does not keep raising the ante every time China matches him then he will look weak.

So where will this end?

 (READ MORE…)

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Fear God and Flee from Evil!

-BPWatcher, Internet Preacher and Bible Prophecy Watchman

PJA6

Pray for the peace of Jerusalem – Psa 122:6 (KJV)

ALERT: Powerless People in Powerless Churches

“Now when they saw the boldness of Peter and John, and perceived that they were unlearned and ignorant men, they marvelled; and they took knowledge of them, that they had been with Jesus.” -Acts 4:13 (KJV)

When we read the Book of Acts we discover a whole different church than we have in our culture today. In the first churches we read about the outpouring of the Holy Spirit and how that manifested itself – in tongues of fire. In the early churches we have people being healed from their infirmities. We find men of God preaching and teaching with boldness and power. Men taught with the authority of the word of God casting out demons, raising the dead. Some of the Apostles were imprisoned and through their faith even in their chains others came to the knowledge of Christ. God’s hand was moving and it was clearly evident as the men of God preached the truth of the full council of His word. Sin was addressed and confronted. The Apostles were zealous and fired up and lives were changed around them. Yes they suffered but that was a part of their calling and in their obedience to Almighty God.

“But even after that we had suffered before, and were shamefully entreated, as ye know, at Philippi, we were bold in our God to speak unto you the gospel of God with much contention.” – 1 Th 2:2 (KJV)

Today, in Christianity around the world, we have powerless people sitting in powerless churches. People that come to church to get their weekly scorecard punched and feel a warm fuzzy about their attendance. Churches that are in name only – they have a religion but not a relationship with Jesus Christ. We are missing a distinct oneness with the Lord in worship; in knowledge of Him and in the fear of the Lord. Most Christians have one foot in the world and the other in a religion. Most rationalize God’s truth with their own wisdom.

Pitiful at Least

I have attended many churches that have little knowledge of the Lord but a lots of programs, skits, dances and “entertainment”; one being discipleship or the promoting of a ‘transformational’ church. Lots of fancy names, concepts, titles, words, pretty charts but what’s missing is a real substantial relationship with Christ. Sin is rarely mentioned, repentance almost an extinct term and enthusiastic invitations for salvation maybe twice a year. How pathetic! Let’s recall how Jesus confronted people during His ministry: Samaritan woman – Jn 4:15-19; woman caught in adultery – Jn 8:1-11 ; moneychangers in the Temple – Matt 21:12; Rich young ruler – Mar 10:17-27. All done in ultimate love, grace, mercy and truth and He didn’t mess around becoming their trusted friend first. He ministered to their soul first – and this should be our primary concern for the lost.

Churches Have Lost Their Way

And this is the course many Christian churches have charted. They get wrapped up in the wisdom, purposes, and traditions of men and forget the basic purpose of the church. And what is that, you may ask? It’s a love and devotion to Jesus our Lord and Savior. It’s living a holy life before the Lord. It’s reading and studying His word – for that’s how we learn and know Him. It’s telling others about Him, proclaiming the Gospel to all men. Many denominations of men neat and practiced rituals that define them but they’re missing the real presence of God in their midst. When you rarely hear or see people being saved or healed or delivered or prayed over, then the church takes on the identity of a social club and not a House of Worship of the Living God.

“Go ye into all the world, and preach the gospel to every creature. He that believeth and is baptized shall be saved; but he that believeth not shall be damned.” -Mark 16:15-16 (KJV)

I don’t mean to belittle anyone but I do mean to be a watchman on the wall and warn our churches that they have become defenseless, broken down bastions misrepresenting the Living God. I don’t mean to think myself better than anyone but I do mean to say that as you immerse yourself in God’s word you will find out just exactly who He is and what He thinks about sin and repentance, rejection and rebellion and the profaning of His name. You will come to know what He thinks about Godlessness and idolatry which are prevalent in our nation and our Christian churches. Here should be our clarion call for all pastors, elders and leaders in our churches:

“But we preach Christ crucified, unto the Jews a stumblingblock, and unto the Greeks foolishness;  But unto them which are called, both Jews and Greeks, Christ the power of God, and the wisdom of God.” – 1 Cor 2:22-23 (KJV)

Here in America we have churches that our powerless and lack the authority of the living God. Yes, we have gutless pastors and elders who don’t lead others to Christ for fear of offending them with the real truth of the Gospel.  Franklin Graham said in a speech given at the Family Research Council’s Watchmen on the Wall conference on May 22. 2014. Yes it’s an old speech but oh so relevant for today’s Christians and churches:

God hates cowards. And the cowards that the Lord is referring to are the men and women who know the truth but refuse to speak it.”

 

You see many Christian church leaders fail to take a stand against the controversial and unBiblical issues that plague our society today – abortion, homosexuality, gay marriage, sexuality impurity, etc. And in a column published in the July-August edition of Decision Magazine (pg 4) Franklin Graham writes,

“Christians cannot ignore parts of God’s Word because they are unpopular or cause division. Our commission is to proclaim Christ and all He stands for.”

 

And this is exactly what is happening behind the doors of our churches. No involvement in the affairs of men! Graham goes on to say,

“We are soldiers in God’s army, and we cannot stand down on biblical issues out of fear of being labeled a homophobe or judge.”  (Read more on Mr Graham’s comments)

 

We even have pastors that fail to pray for our nation and Israel and the turmoil that the rest of our world is in right now. How sad!

So the bottom line – we have many, many Christians that don’t know where they stand in the Lord. They have been caught up in Western Christianity which softens God’s word into warm and cuddly concepts, slogans, entertainment and words. Most don’t know about the spiritual warfare going on around them and don’t know how to combat it through our power and authority in Christ. As these last days get darker and darker (make no mistake – they will) the spiritual attacks will grow more intense and fierce and according to Bible Prophecy many will fall away from the faith – 1 TIm 4:1. Christians that are not taught how to be warriors in Christ and wield the sword of the word of God will be crushed and defeated. Most Christian churches today are clueless on how to train people to be spiritual warriors; how to put on the full armor of God – Eph 6 and fight back at Satan’s army with the word of God!People who don’t pray today will grow weaker and any spiritual armor they did have will melt like wax. Folks, the church must speak with the power and authority of the living God; we must know how to kick the Devil in the teeth and make him to flee through the effective use of God’s word -James 4:7. In these last days we must have people and churches on fire for the Lord and ready to proclaim His word boldly to all men at any time.

-BPWatcher, Internet Preacher and Bible Prophecy Watchman

GIVE ALMIGHTY GOD ALL THE GLORY FOR HE IS KING and HE IS LORD!

PJA-Red1

How Will China Respond to 50BN in Tariffs?

“Trump is about to approve tariffs on $50 billion of Chinese goods and take his trade war to a whole new level”, Business Insider – 6/15/2018

“Futures Slide On Quad-Witch Friday As US-China Trade War Begins; Chinese Stocks Tumble”, Zerohedge – 6/15/2018

Bible Prophecy Commentary: A New Kind of War –

Not a shooting war but a war of money, finances, tariffs, etc which can have unforeseen consequences in the future.

The big question is how will China respond to this new kind of war now almost upon us. Time will tell but we must be aware of what’s around us and how it may affect us. Plus, does it fall in line or will it lead to Bible Prophecy being fulfilled. In this situation, it could get ugly or China will just let it go. We just don’t know but it’s good to be aware of the decisions our national leaders and how they could affect the global financial climate.

Stay tuned for more on this and above all keep watch.

RED HORSE – Second Seal – WARS and REMOVAL of PEACE, GREAT SWORD!!

“And when he had opened the second seal, I heard the second beast say, Come and see. 4- And there went out another horse that was red: and power was given to him that sat thereon to take peace from the earth, and that they should kill one another: and there was given unto him a great sword.” -Rev 6:3-4 (KJV)

“But evil men and seducers shall wax worse and worse, deceiving, and being deceived.” -2 Tim 3:13 (KJV)

“For nation shall rise against nation, and kingdom against kingdom: and there shall be famines, and pestilences, and earthquakes, in divers places.” -Matt 24:7 (KJV)

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Fear God and shun evil

-BPWatcher, Internet Preacher and Bible Prophecy Watchman

 

PJA6

Pray for the peace of Jerusalem – Psa 122:6 (KJV)