Tag Archives: US economic warfare

The long-awaited "phase one" deal between the United States and China has not ended US trade warfare. Instead, President Donald Trump's administration has devised yet another tool with which to tilt the playing field against foreign competitors, all but ensuring that damaging and unnecessary trade conflicts will continue. The US is all for "free markets, free trade, and free capital flows when it  benefits the US elite, but not so much when the table turns as US firms are outcompeted....

The [Wolfowitz] doctrine announces the U.S.'s status as the world’s only remaining superpower following the collapse of the Soviet Union at the end of the Cold War and proclaims its main objective to be retaining that status. Our first objective is to prevent the re-emergence of a new rival, either on the territory of the former Soviet Union or elsewhere, that poses a threat on the order of that posed formerly by the Soviet Union. This is a dominant consideration underlying the new regional...

On November 7, 2019, for the 28th year in a row, the entire United Nations General Assembly, gathered in one room, voted overwhelmingly against “the Economic, Commercial, and Financial Embargo Imposed on Cuba by the United States.” The final tally was 187 in favor, 3 opposed (Brazil, Israel, US), 2 abstentions (Colombia, Ukraine), 1 not voting (Moldova).... Dissident VoiceThe 2019 UN Vote Against the US Blockade of Cuba Ike Nahem

The US has slapped new sanctions on Iran’s construction industry, targeting a number of “strategic” materials – like steel tubes and foil – and making sure the MSM amplify their vague hints of nuclear weapons and terrorism links.... Is this further eroding US soft power by coming across internationally as bullying?RTWeapons of mass construction? US sanctions Iran’s ‘terrorist-controlled’ building sector & ominous ‘strategic materials’ supply

Basically, what he’s trying to do is blame China and blame foreigners for the fact that a lot of Americans are really hurting. They’re not doing better. They’re not earning enough to break even. They’re going further into debt. But Trump is really saying that it’s not our fault. It’s China’s fault. Don’t blame the financial mismanagement. Don’t blame the corporations. Blame China. He pretends that they’ll pay instead of Americans. But when you levy a tariff, import prices are going to go...

Same with Russia. Moronic strategy, making declared adversaries stronger and more self-sufficient. The other good side is that empires don't last long with morons in charge. The Money IllusionChina’s best friend?Scott Sumner | Professor of Economics at Bentley University

A new quarterly report from logistics company DHL, measured global air and sea cargo trade volumes between March and June, found trade data continues to deteriorate in the US and China as there is still no resolution to end the trade war, reported South China Morning Post(SCMP). Chinese imports were "losing significant momentum," the report stated, indicating the epicenter of the slowdown was situated in basic raw materials, capital equipment and machinery, and consumer fashion goods. The...

Showdown. The US/UK appear to be driving China, Russia and Iran into a world war that none of them want. Who is going to blink? Or no one? OilPrice.comU.S. Threatens China With Sanctions On Iranian Oil Imports Irina SlavSee alsoReutersChina says it will sanction U.S. firms that sell arms to Taiwan

The Trump administration’s incessant sanctions wars are curbing the dollar’s global hegemony and speeding the demise of U.S. empire. Consortium NewsPATRICK LAWRENCE: Weaponizing the Dollar

Qualcomm, AMD and Arm fear $200bn market swaying to homegrown rivals The strategy of the Trump administration only makes sense if the US can re-colonize China with its hybrid warfare — economic, information, and cyber. How likely is that?Nikkei Asian ReviewWestern chipmakers worry Huawei ban will only empower China tech Kensaku Ihara and Hiromi Sato | Nikkei staff writers alsoNo tariffs needed in China.Zero HedgeChinese Consumers Shun All American Products As Nationalism SoarsTyler Durden...