3 ms·
fair enough. I think US is playing the game pretty well. US is threatening to block their huge customer base from China, unless China plays fair, allows 100%
by generalmycoup 8y ago
fair enough.
I think US is playing the game pretty well. US is threatening to block their huge customer base from China, unless China plays fair, allows 100% ownership from foreigners and opens up their market and stop stealing IP, like they promised when they got into WTO. Via trade wars and protectionism. Not sure what else US can do besides completely stop trading with China.
And remember you're now dealing with a dictator. Dictators are irrational, stupid with economics, and lots of arrogance. They only respond to massive threat, which they did (thus saying they want to reduce tariff on cars)
- Intermernet 8y ago>irrational, stupid with economics, and lots of arrogance. They only respond to massive threat From an outside perspective (Australia), it seems that the current US president matches this description as well. At this point it may be a good idea for at least one of the leaders involved in this trade war to step back and push for reasonable debate. Unfortunately I don't see either Xi Jinping or Donald Trump doing this, so I'm not sure if I'd agree with "US is playing the game pretty well". If the US completely stops trading with China it won't be good for either party, and it would probably have negative carry-on effects to most of the global economy. We're in a state of economic brinkmanship, and we don't want to start an economic world-war.
- jacquesm 8y agoIf the US completely stops trading with China there will be riots (in the US). Stores will be empty. The United States actually needs China at this point in time and without cheap Chinese goods satisfying consumer needs there would be a serious problem.
- jungletek 8y ago>And remember you're now dealing with a dictator. Dictators are irrational, stupid with economics, and lots of arrogance. And you're also dealing with Xi Jinping...