Treasury Secretary Bessent says China’s escalation was ‘big mistake,’ country playing with ‘losing hand’

27 comments

1. Well, he’s absolutely correct – just substitute “US” for “China”.

2. What Bessent doesn’t realise is that china also exports a lot to the rest of the world and has a stranglehold on a lot of rare minerals by owning mine all over the world. In Xi, tramp has met his nemesis.

3. Really going to double down on this one, aren’t you guys?

4. Bessent is holding an uno card and a monopoly community chest card and thinks he has a winning hand!

5. Is it common to play card games in America? It seems American gangsters are obsessed with them.

6. Doncha love all the poker similes they use anymore? It’s just a big game and all the human lives are just poker chips.

7. China holds more than $750B in US debt. If they decide to stop lending to the US that’s a potential problem. Rattle all the sabres you want Mr. Bessent, you fkd up.

8. Yes, it’s *China* that’s made a big mistake. Not Trump, right?

   This is like that episode of the Simpsons where Bart has magic powers and every time something weird happens that Bart obviously did they say “It’s GOOD that Bart did this! It’s *very very good!*”

   Except it’s Trump and his mis-use of executive powers and it’s just the GOP politicians that refuse to stand up to him because they’re scared little bitches. All GOP politicians are cowards.

9. They don’t have the cards!! They’re eating the dwaahgs!

10. I get the sense that Bessent is a fucking moron.

11. So what I’m reading is the USA played a bluff and China called it.

12. You can’t bluff someone who can see your cards.

13. You hope they are playing a losing hand
    Cause americas looks really bad right now

14. What is with all the poker metaphors. Do these people not realise they’re playing with peoples lives. These idiots think they’re in a boardroom not Government.

15. The country is fettered to a corpse, who just so happens to be in charge. Also he is starting to stink.

16. The world needs Chinese exports a hell of a lot more then US exports. It’s absolutely mind boggling that non one in the American senate is stopping this madness.

17. What’s with these guys and their card analogies? Also China can just call in the $770 billion in US debt they own so that must equal at least 2 pair? Maybe trips? Heck, could even be a straight. Not sure how these guys are ranking hands.

18. We have one one hand, a insecure ego sensitive deranged clown who thinks he is a strong man by trying to bully other countries into bowing down and kissing his ass. This guy is going off the top of his head creating fake numbers to justify high tariffs on others, thinking he is a genius. His entire team is ‘vibes’, nobody is really forecasting different scenarios and thinking ahead.

    On the other hand with China, we have a nation who is very, very methodical, calm and calculated in their actions. Who would have likely thought our every possible scenario and every action to combat it, who produces a significant amount of goods for the average US consumer.

    Trump is going to get destroyed with what he is doing right now.

    He can’t continue with these dumb tariffs for much longer.

    What I predict will happen is, he will open the door for negotiations and making ‘A FANTASTIC DEAL’, which rolls back any crazy tariffs, so basically back to status quo, but he will parade his plan as a GREAT SUCCESS. His dumbass supporters will lap it up.

19. Yeah lol that “losing hand” is being the backup trade partner for every country that’s going sour with the U.S. right now.

    China is gonna make a run on the table from our own incompetence in managing our global position.

20. I can’t wait to see how red their faces get when China just ups their tariffs again. I hate how harmful this is to so many people but this is fucking hilarious

21. US cannot win a trade war with China when they are fighting against the rest of the world. I would hope other countries stay neutral and that goes for any military action as well. The US is on its own.

22. Professional economists differ.

    Everyone is a loser because of tariffs but USA will have a much bigger drop in growth, then China. Last prediction I saw was -0.6% USA at least, China -0.2% at least. Probably a lot more in both cases but USA quite a bit more then China, as they put tariffs on the entire world.

23. The Trumpers really don’t seem to realise that the Chinese government does not necessarily care for what happens to their people in the short term. So even if the “trade wars” would have devastating consequences for the Chinese economy( I am not saying they will, in fact I doubt that), why would they care? Why would a few million more Chinese workers in desperate poverty matter to a government that does not face elections and control effective all the media, the military and large parts of the economy. They are seeing a historic opportunity of making china the world’s primary superpower, a spot the Americans are vacating willingly. It’s even possible (not likely, but possible) that the Chinese will use the international protectionism caused by Trump to retool their economy. And seeing the manufacturing capacity they have and the speed with which they have been adapting and innovating in key areas like sustainable energy, automation and even AI, that could absolutely upend the world order as we have known it.

24. Are they delusional? I genuinely have a hard time predicting the Americans nowadays, it’s like they unilaterally declared a pissing contest and then pointed their dick at their own face.

25. I never thought I’d be on China’s side…

26. 100% rooting for China at this point. We Canadians can be a truly vengeful lot when pushed to it.

27. China has rare earth minerals we don’t have and need – to use in technology. Plus our farmers need to sell crops to them. China has all the cards. A saying trump likes. Last time trump did tariffs, the farmers went belly up and trump had to give them 30 billion to keep their farms. Saved us nothing! China simply bought crops from South America. Trump is out of his league messing with them. And they know it. Trump is like the 5th grade bully flailing ineffective blows at an NBA player who stands calmly deflecting the idiot child while they make a hoop shot.

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