Beijing Pledges Fight “To the End” Against U.S. Economic Confrontation – Let It Be So…

An announcement from China on Saturday, pledging a full economic war against the United States, will likely not come as a surprise for most CTH readers.  However, it does serve as emphasis for our 2017 statement: “prepare your affairs accordingly“…

When we followed up a few months later with the warning:

“There is no upper limit to the level of economic pain Team U.S.A. (America First) is willing to inflict upon China. There is no ending perimeter of action too far for President Trump to travel. Trump will battle his adversary far beyond traditional horizons and will follow them in retreat if that’s what it takes to ensure the safety of the our economic nation.”

Those words were not written lightly.  We accept Trump’s history; we accept three decades of his expressed intent on these issues; and we also accept the historic and cultural position of China which takes us into this conflict.   From Beijing today:

China on Saturday said it would continue fighting the trade war with the US “until the end” after the two sides slapped further tariffs on each other’s goods.

The commerce ministry issued a statement calling on Washington not to “misjudge the situation and underestimate the determination of Chinese people” after US President Donald Trump announced new tariffs on Chinese imports. “The US should immediately stop its wrong action, or it will have to bear all consequences,” the statement said.

“China’s will to defend the core interests of the country and the fundamental interests of the people is indestructible, and will not fear any challenge,” the commentary said.

An earlier commentary from Taoran Notes, a social media account affiliated with official newspaper Economic Daily, said China’s countermeasures were akin to a “precision instrument”, targeting industries such as US soybeans, crude oil and cars. (read more)

Donald J Trump is not engaged in this political and economic battle as a matter of creating benefit to himself or his business enterprise.

President Donald J Trump is approaching this geopolitical issue from a perspective of stewardship. President Trump will intensely protect America with the ferocity the same Donald Trump protects his family.

Unfortunately, Beijing has no formative understanding of how intensely this American President views his role of national stewardship. This is not a typical American political adversary Chairman Xi Jinping has ever encountered within the body of U.S. politicians.

President Trump is not a typical western politician from the perspective of self-interest. This president would grind the bones in his own hand to make lady liberty a rib if that was what is necessary to generate a win for America. Believe it.

Adding to the dynamic, China has no cultural or political space between peace and war; they are a historic nation based on two points of polarity.  They see peace and war as coexisting with each other.

China accepts and believes opposite or contrary forces may actually be complementary, interconnected, and interdependent in the natural world, and they may give rise to each other as they interrelate to one another.  Flowing between these polar states is a natural dynamic to be used -with serious contemplation- in advancing objectives as needed.

Peace or war. Win or lose. Yin and Yang. Culturally there is no middle position in dealings with China; they are not constitutionally capable of understanding or valuing the western philosophy of mutual benefit where concession of terms gains a larger outcome.

SIMPLY: if it does not benefit China, it is not done. The outlook is simply, a polarity of peace or war.  In politics or economics the same perspective is true.  It is a zero-sum outlook.

Therefore, when you see China publicly use strong language – it indicates a level of internal disposition beyond the defined western angst.  Big Panda becomes Red Dragon; there is no mid-status or evolutionary phase.

Every American associated with investment, economics and China would be well advised to accept the dynamic, and put their business affairs in order accordingly.

President Trump will not back down from his position; the U.S. holds all of the leverage and the issue must be addressed.  President Trump has been waiting three decades for this moment.  Middle-class America has waited decades for this moment.  This President and his team are entirely prepared for this.

We are finally confronting the geopolitical Red Dragon, China!

President Trump hasn’t been talking about this for three decades only to put limits on his approach; including daring this economic adversary, China, to strike back by nationalizing U.S. private corporate assets.  President Trump is the most accessible and transparent President in modern history… He also doesn’t bluff.  Trump may modify or delay based on his oppositions’ counter-moves, but he doesn’t bluff.

 

President Trump doesn’t apply force, he simply creates outcomes where the best alternative for the adversary is to change their approach according to their own best interests. President Trump positions the location of the interests themselves, he does not need the direct application of force.

President Trump also doesn’t seek to apply force to the mouse running through the economic maze; he simply changes the location of the cheese, and the mouse’s travel responds accordingly.

There’s no limit to the economic squeeze President Trump is willing to apply toward China. The U.S. Treasury, the U.S. Dept of Commerce, the U.S. Dept of State, the U.S. Dept of Agriculture, these are all tools in the sequential approach that are far more powerful than bombs, planes and rockets….

President Trump will use the full measure of economic tools at his disposal.

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This entry was posted in Big Government, China, Communist, Donald Trump, Economy, G7, Hong Kong, media bias, President Trump, Trade Deal, Uncategorized, US dept of agriculture, US Treasury, USA. Bookmark the permalink.

311 Responses to Beijing Pledges Fight “To the End” Against U.S. Economic Confrontation – Let It Be So…

  1. I once read that scarcity of clean/potable water is what China fears most. China is the worlds biggest investor in foreign ownership of water entitlements. That is, they buy the rights to extract water from deep springs and mountain rivers all around the world, bottle it at enormous Chinese owned bottling plants and ship it back to China. This is especially so in countries where purity is assured like Australia and New Zealand. It’s strategic because China wants to shore up it’s own food security so they’re not using or depleting their own low quality water resources at home.

    They also buy up massive sheep and beef farms, again most notably in Australia, New Zealand and South America where they set up Chinese owned processing plants and ship the processed meat back to China.

    I’m not sure how much investment China has in US water entitlements, farming and food production but it’s something that would certainly change their attitude if President Trump put that supply in jeopardy. In fact it would buckle China at the knees.

    I’m certain this is a strategic arrow in The Presidents quiver. And it will likely be the last arrow he uses if he has to. Absolutely certain.

    Liked by 13 people

    • GP says:

      HI @stuck-I heard the same on H2O-that China spends as much on water treatment as we the US does on Defense. Whatever-If it’s becomes necessary, I’m willing to endure some $$$$$$ pain to defeat China.

      Liked by 6 people

      • SHV says:

        “I’m not sure how much investment China has in US water entitlements, farming and food production ”
        ******
        The ofter cited example is Smithfield Foods, the worlds largest pork producer. “In 2016, Smithfield had 50,200 employees in the United States, Mexico and Europe, and an annual revenue of $14 billion.[2] As of July 2017, the company’s brands included Armour, Berlinki, Carando, Cook’s, Curly’s, Eckrich, Farmland, Gwaltney, Healthy Ones, John Morrell, Krakus, Kretschmar, Margherita, Morliny, Nathan’s Famous, and Smithfield.[10]”

        Smithfield was purchased in 2013 by China’s largest meat producer WH Group. I haven’t done the research but I suspect that Chinese owned Smithfied is just the tip of the iceberg.

        Liked by 16 people

      • Nobodysfool says:

        The Chinese own vast numbers of chicken, beef, swine and sheep farms around the world. Isn’t it interesting….there are Chinese meat packing plants all over the place south of our border yet illegal immigrants flock here to work in our meat packing industries, claiming they had to come to the USA to find work.

        There are car and truck assembly plants, oil and energy production plants, clothing factories and the list goes on of jobs available south of the border. They have tremendous numbers of tourism related jobs. This is why most Americans don’t buy the liberal argument that the entire world should be allowed here in order to find good jobs. We know they are being imported en masse because the Socialist Party needs the votes and because the plan is for a white minority in America at the earliest convenience.

        Liked by 9 people

    • emet says:

      China is heavily polluted. And they are not going to be able to clean it up. I wonder about the incidence of birth defects and early cancers.

      Liked by 6 people

      • The Boss says:

        Smog from China drifts over the Yellow Sea to South Korea. Ask any of our military stationed at Kunsan Air Base on the SW Korean Coast.

        Yeah, the place is polluted and it’s getting worse. Then again, the worker bees are expendable anyway. THIS is the Chicoms version of China First.

        Liked by 3 people

        • noswamp says:

          Absolutely, starting from Shanghai to Beijing and in between, the cities of China are some of the worst polluted in the world with children having to wear masks during the winter due to the heavy contaminants in the air. It was one of the reasons why Ambassador Gary Locke had to leave his assignment. His family could not take the pollution of Beijing.

          Like

    • Ironclaw says:

      Did you mean like the largest supply of fresh water on Eatth, the Great Lakes?

      Liked by 3 people

    • Nobodysfool says:

      Reportedly, it takes an enormous amount of water to manufacture computers, cell phones and technical devices. What kind of govt puts it’s citizens at risk of not having enough water by coaxing big manufacturing corporations to move in, suck up the water supply and then in top if it, stand by as your people work 12 hour days for little to nothing per hour?

      Why, a Socialist-Communist run govt, of course.

      Liked by 6 people

    • PBR says:

      From what you say, it sounds like China is prepared and is preparing to be more independent of trade, so wouldn’t this hurt our position to :bring them to their knees”?

      Like

    • Mrs. E says:

      Sounds like the number one move if they try to start war with us. Just turn off the spigot!

      Liked by 2 people

    • montanamel says:

      FWIW: Re: China op’s within the USA…
      Back in the “early 2000’s” there was a much talked about “China purchase” of 72 sections of land down in Western Idaho – That is 72 x 640 acres…. They plainly stated that they would import 1,000 of “their tractors” to work the land with, while rotating their “own workers” from China — with all production being exported directly to China via their own shipping / containers. (At this time, there were gross numbers of “empty” containers that had to be back hauled to China from the USA….the result of that 550 Bil trade imbalance. ie: FREE SHIPPING for farm products back to home country.

      Very soon, all discussion of this purchase/actions disappeared from any news within Idaho.

      They are already here and among us… An inventory of such “China Owned op’s” within the USA is needed — as well as being made public for all to see… Perhaps their fuel/electric source would be a good “pinch point” to start with….

      Liked by 3 people

    • Peppurr says:

      Thanks for this eye opener. What the heck do they have in China??? I was also just reading that they’re bottling fresh air from Countries, including mine.

      Liked by 1 person

  2. Gaius Gracchus says:

    China has waged economic warfare on the US with the aid of multinationals for almost 30 years. Trump is the first to fight back in all that time.

    Liked by 17 people

    • margarite1 says:

      The USA Presidents from Nixon on created a monster…and subsequent politicians used the monster to enrich themselves – Clintons especially and I think Al Gore.

      I just realized that a lawyer I know, a very rich Democrat, negotiated trade deals between USA and China way back when. He must be responsible for some of this.

      Liked by 2 people

  3. dallasdan says:

    ““China’s will to defend the core interests of the country and the fundamental interests of the people is indestructible, and will not fear any challenge,” the commentary said.”

    While China is a much more formidable opponent than was Iraq or presently Iran, they have the same characteristic of talking **** to their opponents prior to being eviscerated by them. Bring it on.

    Liked by 6 people

  4. k4jjj says:

    There is no going back. China is demonstrating each day they can never be allowed to do this again. There will be no deal with these tyrants. That they MUST steal American innovation is all the proof you need they cannot move forward without lying, cheating and stealing. A closed society will always be a day late and a dollar short.

    Liked by 16 people

  5. Motzilla says:

    “The US should immediately stop its wrong action, or it will have to bear all consequences”

    General Secretary of the Communist Party of China, Xi Jinping, is operating under the ill-informed assumption that President Trump will be gone in January 2021. Just a year and a half from now. Well, just wait until President Donald J Trump is reelected to his second term and another 4-years in November 2020. He will be changing his tune, and it’s game over for Xi Pooh who will be bearing all consequences.

    Liked by 4 people

  6. William Schneider says:

    Let us keep praying folks. Our true warrior President needs our help to guide this country through theses harrowing times.

    Liked by 15 people

    • Peoria Jones says:

      I work for a woman who’s been a Republican all her life, donating for many decades. She considers herself pro-small business, pro-America, fiscally and socially conservative, a Christian. She loves John Wayne.

      She hates President Trump. Can’t even say his name. She calls him “this one.”

      What she doesn’t realize is that PTrump IS our John Wayne. He may be brusk, but he’s always on the right side and doesn’t back down from a fight. He always wins, and takes the girl he wants as a bonus.

      I’d like to ask her how it feels to be on the side of the commie Chinese.

      “This one” did more for her, her company, its employees, and America in short order than any other President even she has witnessed. Yet, she still clings to the never-Trump tripe.

      We need to do more than pray, William. We need to make these dopes who don’t support PTrump aware of exactly what side they’re on. It’s a battle, and they’re on the WRONG SIDE.

      Liked by 9 people

      • James Carpenter says:

        Pride blocks the people such as the woman you describe from admitting their error of judgement. PDJT is so “in your face” and so obviously effective that I’m sure great irritation accompanies the ongoing struggles to maintain silly and baseless hatred.

        Liked by 4 people

        • KAG2020 says:

          PJ, if your boss ever had ever been around the real John Wayne off camera she would be shocked just how much like him “this one” really is! He was direct to the point of pain for many but as genuine as they come (i.e., DJT). JW was and DJT is the real deal!

          Liked by 1 person

      • Scott Lyddon says:

        She’s the type of person who should support Trump but doesn’t. Those (women, particularly) scare me come next November.

        Liked by 3 people

      • William H Gilkerson says:

        Small minority the Never Trumps.

        Liked by 1 person

      • William Schneider says:

        PJ I am certainly doing much more than praying for Trump-but I believe Prayer is our most potent tool to help this president while he battles the forces of evil. the devil is strong and only God can ultimately defeat him. I also donate money to Republicans and President and do all I can to educate folks as Trumps agenda and vision.

        Like

      • This is exactly the aim of the ID Politics attack vector – to peel off ill-informed and easily impressionable Voters. You never know what the tipping point could be, that could bring her over to the well-rationalized camp. I’ve turned tons of ppl onto CTH, SD does the hard work for us, now we just have to get the product to market. 🙂

        Liked by 2 people

    • litlbit2 says:

      Amen, we did not wait this long, pray and hope so much to give up now. We have a true American leader, the quiver is full, the complete and growing and a growing army of Deplorables full of cold anger sending prayers for completion of what should have never happened. The destruction of working America/Americans for the greedy egotistical agenda of a very corrupt group.

      Liked by 2 people

  7. When PDJT ordered all the carriers to search for and refuse shipments of fentanyl, he just put another dagger into their exports. Not just the fentanyl itself, but the entirety of their exports. The shipments are usually small and easy to conceal. Which means extra time and precautions are needed by the carriers. Which means a complete slowdown of all Chinese exports coming into this country. Which means a major disruption to supply chains. This is going to really speed up the number of companies bailing out of China. While at the same time disrupting the flow of very lethal fentanyl shipments. Thank God.

    Liked by 23 people

  8. Ironclaw says:

    Just embargo them, they’re not worth playing with anymore.

    Liked by 2 people

  9. nobaddog says:

    China ships millions of cheap little trinkets to local addresses in small packages from China post to the US mail. Purchased by individuals through sites like Ebay. Probably how they get the Fentanyl into the country. There are millions of Chinese refugees in the US that could accept these shipments. It’s a monumental task to check these packages.
    Obviously the Chinese government is not cooperating to stop it or even encourage it.

    Liked by 6 people

    • littleanniefannie says:

      President Trump will intensely protect America with the ferocity the same Donald Trump protects his family.

      He’s been fighting fentanyl like crazy!

      Liked by 1 person

    • James Carpenter says:

      And why should they? Isn’t this their way of making “payback” for the opium of last century?
      The Panda mask is done, toss its ashes in the sea.

      Like

  10. Tiffthis says:

    So what do we do? VSGPDJT MUST stay away from a war- but it seems (to me) that China is hoping for a war…. is that part of the plan? Are my assumptions off? 🤷🏼‍♀️ I LIVE for these wild times

    Like

  11. kurt72 says:

    We need to stop ALL Chinese imports into this country immediately. Completely. Permanently. They are our enemy as they are killing through drugs and tainted products. We are at war.
    Close our ports to China. Nationalize all Chinese investments. Expel all Chinese students.
    Close our borders.

    Liked by 1 person

    • Ospreyzone says:

      We can start by not buying Chinese goods. It’s not as easy as you think, but must be done.

      Liked by 3 people

      • woodstuff says:

        Some products at retail stores are not available except from Red China. USA consumers (sadly) only look at brand or price. Many retail items are not showing country of origin. Manufacturers who produce in Red China are slow to move to other countries or the USA.

        Liked by 1 person

        • kjhumphrey33 says:

          Woodstuff, I agree lack of country origin labeling is a real prob!em. I look for “made in …” on many products I am considering purchasing and only find ” distributed by”information. The distributor is typically a U.S. Multinational company fronting for products of unknown origin. Perhaps a good start would be better origin labeling so we know what we are buying and can make better decisions. I’m willing to pay more for U S sourced goods.

          Liked by 9 people

  12. Conservative_302 says:

    Good americans are fighters. We are willing to dig in, make the hard decisions, and fight to get the job done. It’s who We are excluding some new immigrants and an embarrassing young generation who are threatened by their own shadow. America under trump will do what needs to be done while other countries waffle. We can take some short term plain for long term good. Short term pain caused by greedy government officials who put their greed before america and americans. I stand behind the president 100%. Always have and always will. He is the right leader at the right time. God bless him, us, and our fight to turn our country around.

    Liked by 8 people

  13. stella1996 says:

    China is like the Left; they cannot adjust to a new reality & put their ducks in order.

    Liked by 1 person

  14. Gary says:

    Beijing Pledges Fight “To the End” Against U.S,,, I think the Japanese tried that once, did not end well.

    Liked by 2 people

  15. DAVID A CRAIN says:

    Time to send home the 350,000 plus Chinese spies, I mean ‘students’ from our Universities, and shut down all of the Confucius Institutes.

    Liked by 5 people

    • slowcobra says:

      I agree david! I said similar a few months back… I have worked side by side with the ‘students’ in both university and corporate (research science) settings for years. One said ” I have to write a book for the ‘stupid americans’ “. They are everywhere at U of Mich and it’s very distressing. When I posted this before, someone stated it’s due to the $$$$ of course, and that’s why they continue to come and stay here. Liberal universities , confucius institutes, love the $$$.

      I don’t fully understand how it continues. You would think someone could slow or stop the spies , er, students, from coming in, but apparently money always wins (big surprise).

      Liked by 1 person

  16. MD says:

    If China owns companies in the US that send/sell food, water etc back to mainland China and they just imposed tariffs on $75B in US products are they paying their own imposed tariff? At some point they will run out of money and have to start selling the assets they have acquired all over the globe.

    Liked by 4 people

  17. Mojo says:

    I need to replace a TV every 10 years or so. If I have to pay 10-20-30 or even 40% more….BFD. I’ll pay it to restore this country.

    Like

  18. scrap1ron says:

    Chuck Fina.

    Like

  19. Baby El says:

    China should be careful – lest they jeopardize their Most Favored Nation status.
    Remember – every advantage that China has… we gave them. Our VSG can – and WILL take them back!!

    Liked by 2 people

  20. Lester Smith says:

    Trump is honey badger China is dragon. Badger won’t let go of dragon. Dragon calls on pandas to defeat badger. China owns many pandas. Pandas live in congress. Pandas hate honey badger, pandas soled their souls to dragon. Badger is chosen one will chosen one win in 2020 or will dragon incenerate America’s economy.

    Liked by 2 people

  21. gary says:

    wouldn’t it be a miracle if china folded like the soviets? i know, pipe dream. but……. even our vaunted cia missed the soviet collapse.

    Like

    • oldersoul says:

      There is an evolving theory that no communist state can persist longer than about 70 years (3-4 generations of leadership) before internal collapse.

      The Soviets reached that point by the 1990s. The Chinese and N. Koreans are just reaching that point now.

      Time will tell.

      Liked by 2 people

  22. @ChicagoBri says:

    China has control of the Panama Canal (thanks President Clinton.). Let’s keep an eye on that as economic war begins.

    Like

  23. MVW says:

    China has Hollywood, corporate media, and that truth is out, it is easy to see as every time China turns Dragon, these agents change in lock step.

    Eventually those industries will either change or die. I can’t see how, though, they will change without some action from Trump. It is just one of the many blind spots for me.

    Like

    • Rileytrips says:

      I knew China owns Hollywood (production companies), but I was not aware that China owns our corporate media outlets, as well! There are only about 6 entities/individuals that own all our MSM……does China own and direct ALL of them?

      Like

      • glissmeister says:

        The Chinese Communists enjoy the institutional brotherhood of many domestic Unions who are dominated by fellow travelers. We need to think in terms of syndicates; neo-Communist networks. These are essentially crime syndicates that infiltrate and seek to dominate targeted governments and workers collectives. Trump sees the underlying criminality; the underlying criminal conspiracy between the major crime syndicates here and abroad that have brought great personal wealth to certain American politicians, lawyers, corporate insiders and lobbyists.

        Domestically, syndicates have formed and infiltrated our economy and culture; our corporations, our work spaces, our unions, our law schools, our education system and curriculae, our government, media and federal agencies in their most upper echelon. They bring a trademark attitude and disposition; a distempered conceit and fundamental hostility to individual liberty. Who do we see manifesting such conceit and hostility?

        The largest criminal enterprise in the United States seems to be a syndicate of interests dominating the Democrat Party and their cohort governing culture. To not appreciate the greater dimension of off-shore incentives to betray our national interest is a serious mistake. Some revolutions are in slow motion. Unrelenting infiltration of the targeted nation is the tip of the spear. The signs of that are all around us.

        As for Hollywood? The Media? The bureaucrats? Look closely at their networks of unions and the leadership.

        Like

  24. numbersixdance says:

    No need to look beyond the Asian/Oriental beliefs during WWII…their culture will fight to the end…kamikazi’s/refusal to surrender. This is what we are up against…need to destroy them economically and not let up.

    Like

  25. rojobirds says:

    Mr. President, HOLD THE LINE. Do not blink. China needs to be dealt with after too many prior administrations sweeping trade inequalities and intellectual property losses under the proverbial carpet. Fight to the end Chairman Xi? So. Be. It.

    Liked by 2 people

  26. 335blues says:

    25% across the board tariffs on all chinese goods.
    American investors must invest in America, not communist china.

    Liked by 2 people

  27. ScoutBird says:

    Article indicates China has two poles, peace & war. I suggest it’s more equivalent to the Lenin Stalinist model: Peace is defined as a gathering together of one’s forces or simply preparation for war. In the American model, Peace is defined as the absence of war or, real peace. Just a thought after reading this piece.

    Liked by 1 person

  28. JIM COMEY IS A WEASEL_DOUG says:

    IMO, POTUS needs to do a National Adress on this issue and get the American people on board with what he is doing. Go straight to the People.

    Too many folks are uninformed about the threat China poses to us, both economically and militarily. It’s time to call them out and get at least the American People on board. This, as Sundance has expressed, is going to get very ugly and we don’t need weak kneed CommieCrats and RINOS kneecapping us in this fight.

    If I recall correctly, Roosevelts oil embargo on japan was the last straw for Japan. I can see the CCP throwing missles around in the future. Wasn’t a ChiCom admiral recently quoted as saying “maybe we need to sink a couple US carriers”???

    This from the army that gave us the Human Wave battle strategy.
    Buckle up, it’s gonna get real, real soon.

    Like

  29. To understand China, read “The Art Of War.” Trump: “The Art Of the Deal.”

    A key part of Chinese strategy was to allow their adversaries to perceive them however they wished to. Foolish western capitalists looked no farther than their next quarterlies, as China knew they would.

    But also, as I look at “T-Square” yesterday and Hong Kong today, I’m reminded that Communism is really just a “blip” in this ancient country’s history. The Soviets already abandoned it as unworkable. I wonder how soon China will do the same.

    I hope that “may you live in interesting times” is not a curse, because here we are, living in times that future historians are going to be filling libraries about! 😀

    Like

  30. NYC Milkman says:

    I have been reading Sundance’s analyses of various political (Hilary Benghazi & Email investigations, Mueller probe etc) and I have an enormous respect for his incredible depth, perspective, and fidelity to THE TRUTH, which we all know has no agenda.

    I also support what Trump is trying to do with respect to China and resetting the world (European Union, Canada etc.) trading system. That said, I am concerned that we may be too late with respect to China and that they may have the wherewithal to win this confrontation.

    Please read the following article by David P. Goldman AKA Spengler (The Empire Strikes Back on PJ Media https://pjmedia.com/spengler/trade-wars-the-empire-strikes-back/ ) a commentator/analyst who I also follow closely. He is a Trump supporter as well, but he does not see this ending well for the US.

    I would love to hear everyone’s take on this.

    Like

    • TCG says:

      Either we’re too late or not. Even if we are too late, then we’re completely screwed anyway, so there’s no harm in trying.
      It’s either trade war now, or be crushed later.

      But anyway, putting handwringers like Spencer aside, the evidence is that we’re not too late. The effect of the trade war on America has been small (even allowing for stock market drops, etc, which are “small” in the big, long term picture).
      The effect on China is severe and will be devastating, but it’s being downplayed. The extent of damage to them will become clearer in time.

      Like

    • As TCG says, this writer is a handwringer. He has completely drunk of the kool-aid which says that China – for some weird reason – is “unstoppable.” And, somehow, that trade between the two countries is vital and inevitable.

      Truth be known, China is big enough and diverse enough that it could supply all of its needs entirely by itself … if it were possessed of a nimble Government that would allow this to happen. But it has always languished under Communist control because it is simply impossible for a “Central Committee” to micro-manage such an enormous thing. Nevertheless, China’s central planners would like to rule the world. The strategy that they devised boils down to: “We Sell For Less, Always.™”

      Except they actually don’t. As others have said, if you factor in the actual cost to the nation of “importing that cheaper T-shirt,” as tariffs in fact cause you to do, “Made in China” has compelling dis-advantages. The USA is also an economy that could essentially be autonomous and self-contained, and the cheapest and best alternative (sorry, Globalism …) is always “domestic production.” Domestic production of things that are – oh, by the by – better than anything you can find anywhere else in the world.

      These “trade wars” will demonstrate both to China and to the rest of the world that (China-driven …) “globalism” is not a healthy and sustainable strategy at all. Companies will return in droves to their home country and, having done so, will wonder why they ever left.

      Like

  31. Genie says:

    Next round of tariffs against China should be designated as punishment for China “abusing human rights” and then watch the lefties either jump on or in front of the Trump Train.

    Liked by 1 person

    • TCG says:

      That will happen the moment they bring down the iron fist on Hong Kong.
      If they think they can get away with another Tiannamen, they have miscalculated.

      Like

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