Smoot-Hawley redux? Markets may already be discounting this.Strategic Culture FoundationPatrick Lawrence: The US-China Decoupling Patrick Lawrence
Read More »At the front line in the Sino-American trade war — Links
Zero HedgeBeijing Backs Iran, "Firmly Opposes" Unilateral US Sanctions Tyler DurdenSputnik InternationalGoogle Suspends Huawei Access to Android Updates After Trump’s Ban – ReportsReutersSchumer asks government to probe rail tech from China Sputnik InternationalChinese Users Call for Boycott of Apple Phones Due to US Trade War
Read More »Eamon Barrett — China Is Running Out of U.S. Goods to Tariff, But It Has Other Trade War Weapons to Unleash
Devaluation would be the most disruptive.FortuneChina Is Running Out of U.S. Goods to Tariff, But It Has Other Trade War Weapons to Unleash Eamon Barrett
Read More »Moon of Alabama — Propaganda Intensifies Trade War With China
More on China.I concur with most of the post. However, I disagreed previously with the view that the US has no China strategy and that the Trump administration is shooting from the hip. Instead, US policy is to aim between the eyes with a sniper rifle to disable the rise of China in this century. I continue to hold this view. It is part of the larger view based on the Wolfowitz Doctrine of not permitting a competitor to permanent US global hegemony, which involves neoliberal globalization...
Read More »Bloomberg — Trump’s Huawei Threat Is the Nuclear Option to Halt China’s Rise
This could potentially lead to Huawei’s destruction,” said Scott Kennedy, a China expert at the Center for Strategic and International Studies. “You can’t underestimate the significance. It’s their most important company and threatening it in this way will generate a massive public response as well as from the Chinese government. The bilateral trade talks were on thin ice and this could derail them entirely.”… Maybe time to consider firms in your portfolio whose earnings are heavily...
Read More »Minxin Pei — Is Trump’s Trade War with China a Civilizational Conflict?
Recent remarks by a senior Trump administration official suggest that the United States' current approach to China is dangerously misconceived. The rise of China under a one-party dictatorship should be met with a united front in defense of the liberal order, not talk of a clash of Caucasian and non-Caucasian civilizations.… Of course this is a civilizational conflict. Western imperialism and colonialism were racist at the core — "white-man's burden" and all that— and neoliberalism,...
Read More »Pepe Escobar — US-China: the hardcore is yet to come
Anyone who has followed the nuts and bolts of the Chinese miracle launched by Little Helmsman Deng Xiaoping in 1978 knows that Beijing is essentially exporting the mechanism that led China’s own 800 million citizens to, in a flash, become members of a global middle class. As much as the Trump administration may bet on “maximum pressure” to restrict or even block Chinese access to whole sectors of the US market, what really matters is BRI’s advance will be able to generate multiple, extra...
Read More »Tyler Durden — Not So Fast: China Will Not Allow Use Of Yuan As Bargaining Chip To Resolve Trade War
China is determined not to allow the US use the trade deal to limit its sovereignty. That is a red line for China. Trump has made crossing that line a sine qua non. Zero HedgeNot So Fast: China Will Not Allow Use Of Yuan As Bargaining Chip To Resolve Trade War Tyler Durden
Read More »Alastair Crooke — The Dire, Unintended Consequences of Trump’s MAGA War on China
De-globalization and the collapse of the Post WWII world order. Sailing into uncharted territory. Strategic Culture FoundationThe Dire, Unintended Consequences of Trump’s MAGA War on China Alastair Crooke | founder and director of the Conflicts Forum, and former British diplomat and senior figure in British intelligence and in European Union diplomacy See also Consortium NewsPATRICK LAWRENCE: Pompeo, Pence & the Alienation of Europe
Read More »Pepe Escobar — US elites remain incapable of understanding China
A new report on US policy toward China launched by the Asia Society in New York is another example of how supposedly bipartisan US intellectual elites, instead of offering impartial advice, do little more than parrot Washington’s talking points, failing to admit they know nothing of substance about the existential “threats” posed by Russia and China. The report ‘Course Correction: Toward an Effective and Sustainable China Policy‘ was written in collaboration with the 21st Century Chinese...
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