Skip to content

Trade War

Why America’s Economic War On China Is Failing

U.S. President Donald Trump—supported by most of the U.S. establishment—deepened the U.S. government’s assault on the Chinese economy. The “trade war” seemed to play well with Trump’s political base, who somehow hoped that an economic attack on China would miraculously create economic prosperity for them. In 2018, Trump slapped tariffs on more than $200 billion worth of various Chinese goods. Then, Trump’s administration went after Chinese high-tech firms such as Huawei, ZTE, ByteDance (the owners of TikTok), and WeChat.

US-China Trade War In Jeopardy Over Uyghur And Hong Kong Support

The Uyghur people are an ethnic group of Muslims in western China and they speak the ancient Turkic language, which is the root of the modern Turkish language. Their province is Xinjiang, and their capital city is Urumqi. China is a huge country, and to keep peace and harmony all ethnicities work together, and while respecting each other’s rights, they live as one people, like America. Recently, both US President Trump and the US House have made dramatic accusations against the Chinese government on sensitive domestic policies involving counter-terrorism measures and domestic safety issues.

Propaganda Intensifies Trade War With China

U.S. propaganda is always pointing to one person that solely cases everything and therefore deserves all the hate. It once was Saddam, Saddam , Saddam. Then Ghadaffi, Ghadaffi, Ghadaffi, Assad, Assad, Assad, Putin, Putin, Putin. Now it is Xi, Xi, Xi. In the real word hardly any person leading a state has as much power as such villainizing propaganda tries to make one believe. Countries have interests that define their policies through processes that are often incomprehensible to the cursory observer.

A US-China Trade War ‘Armistice’?

The first reports emerging from the G20 meeting in Buenos Aires today, December 2, 2018, are that Trump and Xi have agreed to put their trade war on hold, a kind of ‘trade war armistice’, at least for the next 90 days. Trump entered into his meeting this past weekend with China’s president, Xi, having imposed $50 billion in tariffs at 25% on China goods imports last July, to which another $200 billion was added thereafter. Tariffs on the $200 billion were set at 10%, but were scheduled to rise to 25% on January 1, 2019. Before the US November elections, Trump further threatened to add a further $267 billion if China continued to refuse to meet with the US. 

Mexico-US-Canada NAFTA Trade Agreement Reached–Trump’s Phony Trade War Confirmed!

As with So. Korea, an early look at the Mexico-US deal late last week showed token changes on autos and steel. No tariffs, just phony quotas on car imports to US. (Trump has recently also quietly exempted other big steel importers to the US (Brazil, etc. from the 25% tariffs he announced last March). Mexico deal details will show few if any tariffs, some quotas well above current actual levels so they have no effect, and the US-Trump backing off the threat to change how disputes are resolved over trade issues. Trump essentially agreeing to the Mexico (and Canada) positions that no changes should be made to the past process. Mexico has apparently not agreed to slow imports of autos and steel to the US. Just to raise North American auto parts content to 75% from 62.5%, and to raise Mexican auto workers wages to $16/hr. (but only on 40% of Mexican auto workers)!

Trade War Is About Asserting US Dominance Not Helping Workers

President Trump slaps tariffs on imports from many of the US’s traditional allies, condemning their leaders for unfair treatment. The mainstream media warns of the erosion of the global order. President Trump threatens, and then imposes, high tariffs on Chinese products and other restrictions on trade relations with China. ZTE corporation, a leading state-owned, high-tech company in China, is barred on national security grounds from importing US-made components that are essential to their products. Then the ZTE action is reversed, leading some Democratic senators to denounce Trump for going soft on China. Whose side should we be on, if any, in this burgeoning trade war?
Sign Up To Our Daily Digest

Independent media outlets are being suppressed and dropped by corporations like Google, Facebook and Twitter. Sign up for our daily email digest before it’s too late so you don’t miss the latest movement news.