This is the disengagement of US economy with the Chinese economy as we speak. No more IP theft, no more US factories for China, no more knowledge transfer, no more opioids from China.
Perfect timing, what with US growing healthy at 3% and wage growth, and China suffering from debt overload and demographics decline
Why would prior planning freak you out? This is a bit confusing to me.
As such, planning doesn't surprise me but genuinely beneficial legislation does.
When food becomes expensive for China what will their newly affluent middle-class do? What will the poorer people do?
https://www.youtube.com/watch?v=EQ9bP6wo8rA&list=WL&index=49...
From this I get the impression of someone whose ignorance is far deeper than their stupidity, whilst being pretty damn stupid.
The one thing he does seem to know is some NLP techniques, of the kind employed at shady car dealerships, though he seems to be doing that more by rote rather than displaying any deep understanding.
edit - however I do like his assertion in a tweet recently that his first two years of governance have been a kind of German cake.
edit - just reading the news this morning. He is perhaps further up the leagues than I thought.
Trump can declare tarriffs and fit the whole decleration in a tweet, it's instant gratification for his feedback loop and keeps all things Russia related further down the news feed.
Citation needed. Free traders certainly hate the tariffs, but only a tiny fraction of the public are committed free traders. Also Democrats are dispositionally far more favorable to tariffs and protectionism than Republicans, so unless Trump doesn't run or the Libertarians win the presidency (ha!), I don't see the next administration being much of a swerve in the direction of free trade.
https://www.sfchronicle.com/business/article/California-wine...
I imagine the situation is similar for many other non-essential exports to China.
Second, both Democrats and Republicans leaderships are anti-China. Chuck Schumer, senate minority leader and a democrat, told trump to “hang tough” on the Chinese tariffs. Bernie Sanders slammed joe Biden when Biden made a remark about how China isn’t a threat.
The United States.
Which seemed to be the whole point of this exercise.
1.1 Structure of China's political economy system
1.2 Accusation of theft of intellectual property, technology and trade secrets
1.3 Forced technology transfer from US companies to Chinese entities
[0]: https://en.wikipedia.org/wiki/China%E2%80%93United_States_tr...
So you're cheerleading, of all places, Vietnam?
> 1.2 Accusation of theft of intellectual property, technology and trade secrets
Will still take place.
> 1.3 Forced technology transfer from US companies to Chinese entities
This only happens if you want to invest in China. It's a trade-off that's up to each individual firm doing it to make.
Also, I have a hard time believing that Trump's base give two shits about any of these things, beyond a bit of nationalistic ra-ra-ra. None of this has any impact on the life of someone pissed off that their best life prospects consist of collecting dole in the rust belt.
A bunch of mid-strength countries is better for the US than a superpower competitor.
A stopped clock is right twice a day. Trump is a clown who has very near zero policy success (by his own agenda, not my opinion of his success). But his self-immolation strategy here might actually pay off. He's desperate for positive headlines (both to stroke his ego and distract from investigations into lawlessness), so hopefully he won't bluff his way into a stalemate.
The biggest factor working against Trump is the fact that he's just not credible. No one in their right mind can rely on him to honor any agreement he's ever made, so if I were China I'd be pretty concerned about the stability of any deal. BTW this factor also sank his domestic agenda: he can't get his own party on board with legislation because they don't trust him. His only options are to press buttons that Congress granted the President long before they ever suspected someone like him might take office.
Great, it is going to screw both parties and then they will blame each other and we will be very lucky if we avoid war. Yippidee-fucking-doo-daa.