3 ms·

In a surprise to no one. This is just tit for tat in the Trump-Biden trade war with China.

• lupusreal 3y ago
  China initiated the "trade war" years before any American politician acknowledged it.
  • scrubs 3y ago
    Agree. You'd have to be a bit stupid not to see the early embrace of China was to collect, learn, and participate with the west to only later excise control then exceed and dominate. Here i want to chastise us (the west) for our money, money, money focus and quarter to quarter focus. China, and I think somewhat to their credit, learned tons from the stupidity of Russians and were never going to be so thoroughly broken. And it's understandable; that's what we'd do. Nonetheless, China isn't so powerful as to dictate terms. It seems like China's risk calculation was suffer short term money loss and foreign products and services now, to make own and control the market access and structure later making back the money.
• roamerz 3y ago
  >>This is just tit for tat in the Trump-Biden trade war with China Or maybe something more strategic as they ramp up hostilities With Taiwan.
  • kkzz99 3y ago
    China is fine with the status quo, who isn't fine with that is the US.
• miguelazo 3y ago
  Exactly. The West dictated these same sourcing rules to their critical infrastructure providers years ago.