Tag Archives: trade war

Canada has endorsed US trade warfare against China, Russia, the European Union states, Iran, North Korea, and Venezuela, but registers its dismay when the Trump Administration refuses to give Ottawa an indemnity pass so that it can benefit from the damage inflicted on the others. Foreign Minister Chrystia Freeland has accepted a “Diplomat of the Year Award” from Foreign Policy Magazine, a subsidiary of the Washington Post and the Jeffrey Bezos media conglomerate which is sworn to topple...

US-Canada relations and Canadian politics.  Dances with BearsDefecation in Public – Was It Soft or Hard When White House Officials Did It on the Canadian Prime Minister? Is Chrystia Freeland Also Aiming at Justin Trudeau? John HelmerSee also The G-7 summit once again made it clear that U.S. President Donald Trump is intent on treating America's allies worse than its enemies. Europe must draw the consequences and seek to isolate Trump on the international stage. Spiegel OnlineThe G-7...

"Them's fighting' words."China responds to President Trump's gonzo policy making.Trade war in the cards? Or is this just part of the negotiating process?Whatever, it's further evidence that America cannot be trusted to keep its word.ReutersChinese state media slam U.S. trade announcement, say Beijing ready to fightSee also China will double down to make breakthroughs in core technologies, Chinese President Xi Jinping said on Monday as he urged the country’s top scientists and engineers to...

If Trump’s trade policy toward US allies is ‘phony’, by seeking only token adjustments to trade relations, then the US trade offensive targeting China is for real. While Trump has repeatedly exempted US allies from tariffs (steel and aluminum), pitched ‘softball’ deals (South Korea), and tweeted repeatedly how well negotiations are going with NAFTA, in stark contrast the actions and words of the US toward China and trade negotiations in progress have been ‘hardball’. Jack Rasmus looks at...

It's not only a clash of systems, capitalism vs socialism, but also a clash of civilizations, Western bourgeois liberalism vs Chinese technocracy. SSince the world's largest economy comes to dominate geopolitically, only one system is viable in the final analysis (although China claims that other systems can co-exist).As China rises this clash will only intensify until one hegemon wins. The US sees the window of opportunity closing, while China realizes that time is on its side.This leads...

Donald Trump has issued a new ultimatum in his tariffs dispute with the European Union. Although his strategy may appear erratic, it has its own logic. Things could get dangerous if the EU decides to play his game. Explains the players and issues, as well as Trump's negotiating strategy.Are the WTO's days numbered?Spiegel Online American Roulette — Trump Tricks Trade Partners into Dangerous Game Martin Hesse, Peter Müller and Christian Reiermann

The Sino-American "trade war" — economic warfare by another name — seems to be escalating. China is showing no signs of backing down.Zero HedgeChina Warns Trump "We Will Outlast You" As US "Significantly Escalates" Trade War Tyler Durden

Trade war in progress. Proceed with caution.ReutersExclusive: U.S. sorghum armada U-turns at sea after China tariffs Karl Plume, P.J. Huffstutter

Long-time pundit of Chinese politics, Bill Bishop, whose newsletter is well-read among Washington China policy circles, wrote on Tuesday: “The ability of the US government to decimate a major Chinese tech firm by cutting off access to US components is another reminder to China, as the Snowden revelations were, that China cannot ensure information security until it completely de-Americanizes its information technology infrastructure and replaces it with indigenous products.” Asia TimesNew...

Longish but excellent. Here are a few snippets. America was able to outcompete with England and other countries by having subsidized education. We built roads, we built huge infrastructure, and the Internet was basically developed by government and turned over to the private sector. America’s pharmaceutical patents basically were developed by government laboratories and turned over to the pharmaceutical companies. But when China provides public support for its own economy, America says...