by Summary:
The FT reports that according to officials and people briefed on the discussions, the administration has decided to restrict China’s ability to invest in or acquire US companies in the industries identified by Beijing in its so-called Made in China 2025 plan.… "The Trump administration, kind of across the board, has very much blurred the line and seems to be saying that any significant economic challenge the US faces is also a national security challenge." This is not new actually. It is integral to the neoconservative Wolfowitz Doctrine of February 1992. But it is also part of a strategy that Steve Bannon brought to the Trump campaign and early administration. Since Bannon's (and others') departure, the neocon faction has grown in power and influence. The so-called trade war that
Topics:
Mike Norman considers the following as important: trade war
This could be interesting, too:
The FT reports that according to officials and people briefed on the discussions, the administration has decided to restrict China’s ability to invest in or acquire US companies in the industries identified by Beijing in its so-called Made in China 2025 plan.… "The Trump administration, kind of across the board, has very much blurred the line and seems to be saying that any significant economic challenge the US faces is also a national security challenge." This is not new actually. It is integral to the neoconservative Wolfowitz Doctrine of February 1992. But it is also part of a strategy that Steve Bannon brought to the Trump campaign and early administration. Since Bannon's (and others') departure, the neocon faction has grown in power and influence. The so-called trade war that
Topics:
Mike Norman considers the following as important: trade war
This could be interesting, too:
Stavros Mavroudeas writes S.Mavroudeas’ interview in News of PRESS TV (11-7-2020) on the trade war
Mike Norman writes There Was No Housing Bubble and Everyone Agrees We Have to Crack Down On China’s Practices on Intellectual Property — Dean Baker
Mike Norman writes Trade Policy — Uncertainty May Affect the Organization of Firms’ Supply Chains— Sebastian Heise, Justin R. Pierce, Georg Schaur, and Peter K. Schott
Daniel Becker writes The Truckers are not happy
The FT reports that according to officials and people briefed on the discussions, the administration has decided to restrict China’s ability to invest in or acquire US companies in the industries identified by Beijing in its so-called Made in China 2025 plan.…"The Trump administration, kind of across the board, has very much blurred the line and seems to be saying that any significant economic challenge the US faces is also a national security challenge."
This is not new actually. It is integral to the neoconservative Wolfowitz Doctrine of February 1992. But it is also part of a strategy that Steve Bannon brought to the Trump campaign and early administration. Since Bannon's (and others') departure, the neocon faction has grown in power and influence.
The so-called trade war that is developing is pretty naked economic warfare.
Trump Drops New Bomb In Trade War: Plans To Restrict China Investment In US Firms
Tyler Durden
See also
See also
Global Macro Monito
Chain Ganging The Supply Chain With Tariffs