2 ms·
I don't have a problem with the idea of trying to stop China's unfair trade practices, I have problem with how inept and awful Trump's policies have been in try
by Apes 8y ago
I don't have a problem with the idea of trying to stop China's unfair trade practices, I have problem with how inept and awful Trump's policies have been in trying to do so.
China has really perfected the practice of massively unfair trade practices and perform them with the masterful foresight of a chess grand master. They've managed some pretty brazenly one-sided practices all without falling afoul of the WTO.
The problem I have with Trump's agenda is that he's playing this whole thing like a rank amateur going up against Magnus Carlsen, and he's going to get smacked down hard. Trump has managed to piss off all of our closest trade partners, and has seemingly taken bribes from the Chinese to relax the embargo on ZTE. The US economy is on the verge of a major collapse from Trump's rather arrogant and unfocused use of tariffs against every major trade partner. Trump's efforts are going to fail, and in a massively spectacular way that will cause massive damage to the US economy, and will leave China in a very favorable position.
A better strategy would have been a coordinated effort with our closest trade partners and allies to place pressure on China via technology and financial embargoes, as well as getting the WTO to identify and penalize China's massive indirect corporate subsidies. A global coordinated effor of cutting China off from the global markets until they open they massively reform their trading practices and open up their local markets to foreign companies is probably the only viable way to equalize trade with China.