I think honestly in this trade war (that is evident), China will be the one coming out victorious. China has all the supply chain and the production chain in her hands, the globalisation of production chains has created a system when all the world (not only the US) are dependent from China.
There’s only a way to make US and the West victorious and it’s to detach them from Chinese system, maybe bounding more with a more (mentally) stable and democratic countries like India and trying to bring back some of the essential productive phases. If Europe and US manage to restore an effective industrial sector in motherlands and set a strong bound with emerging nations that can provide both energy and man power, they’ll succeed in fighting China overwhelming trade power.
But I’m scared nowadays is a bit too late to start reforming all production system, since all the world is too deeply connected with China’s supply and production system.
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I wouldn't call it a trade war. More like economic competitors.
The US tends to lose out on these things. The US is into open markets. So they open their own markets, but some other countries like China are closed. It can be pretty one-sided.
All countries have protectionist policies, but some have a lot more than others.
Personally I was against giving China favored nation status back when they did it. It barely passed and it was conditional. Those conditions have not been met, so I think the status should automatically be revoked.
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We have been for decades! It just gets heated. Reality is we both need the other and both know it! I would love to see us going back to American made BUT can you imagine the price of goods!!!
China needs the US more than the US needs China. If Biden understood that and was not bought and paid for by the CCP we would be much better off.
I doubt those slanted eyed yellow people will, thats cause they ain't that much liked in the world already and they won't get any support except by North Korea and Russia.
Well computer chips are going to be made in America so we will see more electrics again made in us which will make us come out ahead of China cuz they loose us money for electronics
Nope. China won that trade war a long time ago.
All I know is the middle class will lose in both countries.
Well it would hurt both. But it'd China significantly more. We're China's biggest trading partner. But Chins is our 3rd biggest behind Canada and Mexico.
Ehh, you could call what Trump did in 2018 a “trade war”. Putting an import tax or whatever the hell he did.
Like every war, no one is spared.Biden has kept Trump's high tariffs against them. We are in a trade war with China. Almost a cold war.
They are and we were winning until Biden cake in and shipped all of our jobs back to China
If we can get rid of Biden we might
Yes they are.
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