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Free trade is good but it takes two to tango. The tariffs are simply reciprocation for unfair trade practices by China - not to mention industrial espionage at
by nicodjimenez 8y ago
Free trade is good but it takes two to tango. The tariffs are simply reciprocation for unfair trade practices by China - not to mention industrial espionage at unprecedented levels.
Also there’s more than just economics at play. China has recently become a brutal, oppressive dictatorship. Xi is doing the opposite of what allowed China’s economy to growth at an incredible pace (the growth is thanks to Deng’s policies), but Xi looks like a genius due to recency bias. He will not look like such a genius in ten years.
I feel sorry for the Chinese people. They deserve better.