President elect Trump & Peter Navarro have sinister motives in accusing China of unfair trade.
President elect Trump and Peter Narvarro have sinister motives in accusing China of Unfair Trade.
First let's examine America as a country of its history. Before 4th July, 1775, there was not even a country called US to speak of. The whole of North America belongs to several native American tribes numbering several millions of them. Then in 1600s with the arrival of the aggressive French and British invaders native America soon lost its peace and tranquility. France and England fought for total control of the North American continent. England emerged victorious and became the only supreme European power to rule the land. The native Americans fought bravely against the British invaders hoping to evict them from the continent. Soon they found out fighting the Europeans with bow and arrows and wooden spears were no match against ther enemies' guns and cannons. The natives were mercilessly slaughtered and as time rolled by it became an almost complete genocide.
With being the only supreme and sole conqueror of the continent England was free to encourage millions of British and later other white Europeans to emigrate to North America.. The conquest of North America by England through force of arms and military might had rendered British and European rule illegitimate.
By the 1700s there were over one hundred million British and other white European settlers in the land. In 1770s many British settlers were dissatisfied with strong arm rule from London. They agitated for self rule and independence. Thus in the war of independence they prevailed and on 4th July, 1775 the revolutionaries declared independence of a new country US which then comprised the thirteen states of about six hundred thousand square miles fronting the Atlantic Ocean.
The large remaining areas from Canada to the Gulf of Mexico and north of Mexican California were still under direct British rule. However the British did give the various native tribes some sort of self-government in the central plains and west of the continent up to the coast of the Pacific Ocean
The native self governing states were not to last long when the US of the breakaway thirteen states decided to march west and conquer all of them. Though the natives fought hard and bravely against the invading US army it was inconsequential. The white Americans of US were even more wanton and brutal than the British in the killings and slaughter of the natives. It was a case of the worst and most brutal genocide of natives that ever occurred.By the turn of 1890s not more than ten or twenty thousand native Americans were left out of the original native population of about eighty-five millions.
Thus the present US is an illegitimate country built on brutal genocide of the entire natives of the American continent and subsequently the brutal use of enslavements of negro slaves from Africa to provide the toil and free labour for its development. Its railways and other infrastructures were built on exploited Chinese labours in the 1800s to 1880s.
Now let's examine American present perspective in its norms of behaviour and conduct in international affairs especially vis-a-vis China. There is no doubt US is an illegitimate country built on terrorism and its conduct has never shown it as otherwise. It is very bellicose and gingoistic throughout its barbaric history. US is even more evil than you think. US organizes and trains different groups of Islamic terrorist organizations like the Taliban, Alqaeda, Isis and many others and release them to create choas, instability and civil strives in countries US decides to overthrow a regime or governments which it considers unfriendly and not toeing US dictates. In short USA was, is and will continue to be the world's biggest and most evil terrorist country.
At present in the economics, politics and military America , more than any other country has built up colossusly to awe and threaten the whole world. And yet to the Anglo-Saxon Americans everything is never enough unless its ultimate objective of world hegemony is achieved.
The tremendous wealth of USA does not benefit the vast majority of Americans but only the one percent of the elites ruling class encompassing the bankers, stock brokers, business tycoons, hierachy of top politicians, and top military personnels in the Pentagon and CIA as well as perhaps about ten percent of the middle class. The whole country is actually controlled by a handful of top notch crooks, rogues and scoundrels in the powerful demonic organisation of the Anglo-Saxon Jewish Zionist cabal under the centralise Rothschilds Illuminati and Free Masons absolute total control.
President Donald Trump is a member of this group. He is blaming China for all the ills of America, He and Navarro claim that half of USA deficit is caused by China's unfair trade with America. He and Navarro accuse China of manipulating the Chinese Yuan and subsidising exports.
China's trade with other countries and USA is based on the rules and regulations of the World Trade Organisation in which both USA and China are members. China's international trade has so far benefitted all other countries including USA. No one has ever complained against China of unfair trade except USA. The fact is that America's businessmen and industrialists take advantage of China's vast pools of cheap labour, so they shifted their productions to China to enhance their high profits.
As an example a pair of Nike shoes make in China may comprise labour cost of say $2, materials $3 and overheads like transport and production cost $3, making a total cost of $8 for a pair of Shoes. The American company sells the shoes in China for around $25 and in USA and other countries for around $45. Obviously the company makes such huge unthink of profits, will it want to move out of China. In the meantime US government gains by taxing on the shoes
The colossal profit of goods make in China by American businessmen goes back to the company and USA and benefits American consumers. If at all the pair of shoes were to be made in USA the cost price per pair would be in the region of about $80 to $100 per pair. Then American consumers may have to pay $150 to $200 per pair. Thus America, from the company to the people and the state benefit all round from manuafacturing their products in China. Therefore this shows what Donald Trump and Navarro is talking is absolutely utter rubbish and mischievous. When they are unable to compete with China in fair trade they utter frivolities in such hues and cries.
However the tremendous profits make by American companies do not so much as benefitting the people, the employees because it is creamed off by the greedy and rapacious directors and CEOs of the listed companies who never hesitate to pay themselves sinful salaries and perks worth tens or hundreds of millions of dollars.
Therefore it is really wrong and mischievous for Trump and Navarro and the American politicians to blame China for all its economic ills. They are just trying to pull the wool over the American peoples' eyes for all the greed and extreme corruption of their ruling elites , the crooks, rogues and scoundrels in the Apex of society. Just imagine how Trump himself managed to avoid paying tax of hundreds of millions of dollars for many years though his company is valued at several billion dollars worth.
Trump and Navarro are great liars and conmen to accuse China of manipulating its currency and foreign exchange. The value of the Chinese Yuan depends on market forces independent of Chinese control . On the other hand US rigged the value of the American dollar to swindle the whole world . Whether it is pushing the dollar up or down it intends to profit both ways depending on the appropriate situation beneficial to US.
America has a total debt of about twenty-one trillion dollars comprising both internal and external debt. Its currency is a fiduciary issue with no tangible intrinsic backing by gold or resources. How then can US now push the dollar to such high value except to con and cheat other countries of their foreign exchange and to do damage to their economies. Third world countries who succumbed to America's currency rigging and foreign exchange manipulation and who are induced to borrow and owe America huge debts are subjected to US control and blackmail. As an example US will demand the installation of military bases in third world countries which can't pay off their debts to US.
Trump and Navarro may think they can play dirty with China. They may be shocked their evil schemings may rebounce back on USA .