18 ms·
> All things considered, China will be the bigger loser here, but America doesn't stand much to gain, other than some overall strategic leverage. That is what
by rohit2412 7y ago
> All things considered, China will be the bigger loser here, but America doesn't stand much to gain, other than some overall strategic leverage.
That is what it has been about. Geopolitical dominance and leverage. Your statement is like "by preparing for Olympics America doesn't stand to gain much, except a few medals, global recognition of sporting prowess, and a healthy cultural of staying fit".
- sonnyblarney 7y ago"Geopolitical dominance and leverage." ??? So America will be paying through the nose in hard dollars for a trade war with China ... ... so they can get what exactly what (?) from 'Geopolitical Dominance'? Where does the money come from exactly in some extra 'Geopolitical Dominance'? Cars? Better trade terms? Cheaper goods? Better IP? Your argument is upside down: The whole point of 'strategic dominance' is to be able to create value for citizens. Making citizens pay a 25% tariff for the hope of some future intangible return is basically ridiculous. The best outcome for America in this situation is a good trade deal with China. If neither the US or China blinks on this, it will be very damaging for both countries, net. There's nothing to be gained by either the US or China with a permanent trade war, it defies reason.