Trade Wars Are Easy to Lose
- President Donald Trump announced a 10% tariff on most countries for 90 days while increasing tariffs on Chinese goods, citing a 'lack of respect' from China for global markets.
- The European Union paused retaliatory tariffs for 90 days and expressed willingness to negotiate with the Trump administration.
- The Chinese Ministry of Commerce stated it is open to talks but insists they must be based on 'mutual respect' and warned it will 'fight to the end' if a trade war ensues.
16 Articles
16 Articles
Trump faces a marathon of trade negotiations from a weakened position
“When a country (USA) is losing many billions of dollars on trade with virtually every country it does business with, trade wars are good, and easy to win. Example, when we are down $100 billion with a certain country and they get cute, don’t trade anymore-we win big. It’s easy!” This 2018 tweet from Donald Trump defines the philosophy he has put to the test this month — and that failed.Seguir leyendo
China and the Art of War - The American Spectator | USA News and Politics
Suffice it to say, author Gordon Chang has been around the block on the topic of China. His books include Plan Red: China’s Project to Destroy America, The Coming Collapse of China, China is Going to War, and The Great U.S.-China Tech War, among others.
China Doubles Down On Fighting Trade War ‘To The End,’ Says It Will Not Respond To ‘Threats’
The Chinese government said on Thursday that the communist country would not respond to “pressure, threats, and blackmail” and remains ready to fight a trade war “to the end” after President Donald Trump jacked up the tariff on China to 125%. Trump remained hopeful on Wednesday that China would agree to negotiate a trade deal with the United States, telling reporters that China “wants to make a deal,” but “they’re proud people.” The Chinese Mini…
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