Trump Started Trade War Because He Was Angry

[donquixote99]

Read the link. Seems you meant something different by 'decoupling' than I assumed. I envisioned an effort to make the US self-sufficient in high-tech strategic manufacturing, a thing clearly not possible and not happening. Instead, what we are doing is prompting a robust Chinese effort to be self-sufficient. This may not work out as the administration seems to hope.

[Dondilion]

Originally Posted by donquixote99

Read the link. Seems you meant something different by 'decoupling' than I assumed. I envisioned an effort to make the US self-sufficient in high-tech strategic manufacturing, a thing clearly not possible and not happening. Instead, what we are doing is prompting a robust Chinese effort to be self-sufficient. This may not work out as the administration seems to hope.

It relates to speed of acquiring new technology through connectivity.
US intends to slow that.
China showed its hand when it announced "Made in China 2025".

The manufacturing is being moved to countries which are not gearing up to fight US.
In general manufacturing is not coming back to the US, whatever returns will heavily involve robots.

[Dondilion]

FP takes a look at George W. Bush's reactions to the Chinese economic push during his time as president.

https://foreignpolicy.com/2019/10/04...sh-lost-china/

[donquixote99]

Originally Posted by Dondilion

FP takes a look at George W. Bush's reactions to the Chinese economic push during his time as president.

https://foreignpolicy.com/2019/10/04...sh-lost-china/

It's enough, all things considered,
to being one around toward the basic Chinese point-of-view: deregulation very dangerous, massive regulation necessary and beneficial.

[Dondilion]

Originally Posted by donquixote99

It's enough, all things considered,
to being one around toward the basic Chinese point-of-view: deregulation very dangerous, massive regulation necessary and beneficial.

It seems central planning in China did work and central planners became more credible after 2008 financial melt down.

What is obvious is that the US political leadership and business were intimidated by the fear of losing out in the huge China market.

The Chinese used this fear effectively and understood the efficacy of lobbying.

[Chicks]

Why US-China relations are worsening on 'almost every front'

https://finance.yahoo.com/news/why-u...213714768.html

SO MUCH WINNING! MAGA!

[Chicks]

US trade deficit up to $67.1 billion in August, 14-year high

https://apnews.com/article/donald-tr...66d2395deee68d

SO MUCH WINNING!

[Chicks]

Trump steel tariffs bring job losses to swing state Michigan

https://finance.yahoo.com/news/trump...110605592.html

MORE WINNING!

[Human]

All of Trump's policy failures can be explained by the fact that he does not know what he is doing and doesn't listen to those who do.

Very complex problems appear easy to solve if you have no grasp of them.

[Chicks]

Donny fails his own test on trade

https://finance.yahoo.com/news/trump...172559053.html

As a presidential candidate in 2016, Donald Trump railed against the U.S. trade deficit with the rest of the world, and with China and Mexico in particular. “Biggest trade deficit in many years!” he tweeted in June of 2016. “I will fix it.”

He hasn’t. “Has he lost the battle with the trade deficit? The numbers say yes, absolutely,” Chris Rogers of research firm Panjiva says in the latest episode of the Yahoo Finance Electionomics podcast. “Exports to China actually went down before they came back up. The fact that he's gone to war with other countries and regions in trade has meant they've put tariffs on. So that's cut exports.”

ONLY I CAN FIX IT!

Four more years of the idiot, and we'll be a "shithole country".