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The entire European Union along with China ignoring US sanctions will make the US re-evaluate its hegemonic ideology and interests To get to a more collaborati
by rolltiide 7y ago
The entire European Union along with China ignoring US sanctions will make the US re-evaluate its hegemonic ideology and interests
To get to a more collaborative world, this would have to happen. The risk being that it could lead to a less collaborative world if the US is seen as a toothless world police.
With the EU coming into its own and willing to take a near term economic hit to advance its goals, and China being forced to consider taking an economic hit to maintain its goals, it seems like this is possible now and into 2020.
- lacampbell 7y agoWith the EU coming into its own In what possible world is the EU 'coming into its own'? It's losing its second largest contributor and still relies on the US to defend its eastern states from Russia. EDIT: to be clear I would love for the EU to provide a credible deterrence, its in the interest of global stability and peace. But the fact remains it can't.
- matthewmacleod 7y agoComing. Not “is already totally independent”
- thefounder 7y agoEU has its own issues such as Brexit, lack of fiscal union, Greece, Italy debt, unemployment, slow growth, no immigration policy, no common foreign policy etc. When you talk about EU you really talk about 27 member states not some kind of United States of Europe. The EU it's not really in the mood of taking short term hits unless is threatened(i.e with tariffs). Not to mention that it supports Trump stance on China as it suffers the same unfair treatment(i.e IP theft, closed markets, dumping etc). If US gets a good deal I'm pretty sure EU will ask and get a very similar one.
- NicoJuicy 7y agoThere is also the internal market and that China is threatening it's diplomacy with some eastern countries bribery.
- fspeech 7y agoEurope already benefits from lowered tariff and relaxed ownership rules that China made so far. The only thing that China seemed to be willing to entertain further is large purchase of US products, which means less purchase from everyone else. So Europe and other US allies like Canada and Australia should actually fear a US/China deal. There is a reason why this negotiation is bilateral -- in a multilateral setting you can not demand China to just buy US.
- thefounder 7y agoI really doubt that the US can say it got the deal of the century if China buys large quantities american beef or soybean. What everyone wants is open markets. No dumping sponsored by chinese government, enforcement of IP protection laws and many other things would ideally be part of the deal but I believe the market access is the primary issue and a deal could be stroke with that alone. The demand to make large purchase was to stop further tariffs and I'm not surprised China didn't fell for it.
- C1sc0cat 7y agoIt was using the Euro that really Hurt Greece and other poorer eu members
- thefounder 7y agoThe same could be said that US dollar hurts the poorer US states. Truth is that you need fiscal union if you use a common currency otherwise you can't make everybody happy.