China’s response to Trump’s trade war reveals a sophisticated economic, political, and global strategy — with potentially irreversible consequences for Americans. My latest
"Trump keeps pushing the rest of the world away and into China’s corner. China is enticing the world to stay," argues
"Trump keeps pushing the rest of the world away and into China’s corner. China is enticing the world to stay," argues
Per the Atlantic, China is responding to the trade war by cutting the tariffs on thousands of products from the rest of the world’s fisheries, farmers, and firms. One example, lobster sales, has seen the U.S. displaced by Canada and it may never recover.
"Trump keeps pushing the rest of the world away and into China’s corner. China is enticing the world to stay," argues
How China is outplaying the US in the trade war, via ⁦
Credit where it is due, no other American President has managed to hurt American agriculture and export industries so badly, so quickly, and with so little to show for it. Truly impressive.
#China is not only cleverly mitigating the effects of #US tariffs while hitting back, but using the opportunity to build new relationships. explains.
In the wake of the trade war, American lobster sales to China have fallen 70%. At the same time, China cuts its tariff on and nearly doubled its purchasing of Canadian lobster. Maine may never recover its previously dominant position in this export market.
Even as Tariff Man—as Trump likes to refer to himself—focuses only on disruption, Beijing is evidently operating on a higher level. China is outplaying the United States on two fronts. By in
Trump keeps pushing the rest of the world away and into China’s corner. China is enticing the world to stay. in
.: China is outplaying the US on two fronts. 1) While Trump is on verge of slapping tariffs on almost everything the United States imports from China, Beijing is picking and choosing wisely. 2) China is helping its citizens by making new friends
A good effect of the trade war: China cutting tariffs on a bunch of countries!
China isn’t dumb.
I like that ⁦⁩ led his ⁦⁩ piece on the trade wars with a look at the impact of Chinese tariffs on Maine lobsters. Then again I’m partial to trade stories about lobsters: