American sanctions and trade wars are very destructive to the world

 We never know how much the world lost in creativity and innovation due to sanctions against or the putting down of innovating companies like Toshiba, Alstom, Huawei and the like, because they were too competitive vis a vis USA companies. Until those USA companies reached the pinnacle of their succcess, like Apple and Microsoft, would the USA not target competing foreign companies in similar sectors of technology. But there will be many others that the USA will target later, like aircraft manufacturing, EV and AI.

Huawei had been dominating the communications market, even in the USA, and had to be put down, by hook or by crook. Had Ericson or Nokia been in Huawei's shoes, nothing would have happened. Huawei's mobile business had been competing too well with Apple in certain sectors and many countries and is a growing signal for USA's action to stifle its growth.

Stifling competition is a gain for the USA, but a giant loss for the world at large. After subjugation of Germany and Japan from rising to compete with the USA in many areas, China is today also in the USA's radar of subjugation. But China is too big and too strong a country to be dicated and trampled upon. China is not Iraq or Libya.

The biggest mistake made by the USA was pushing Russia to form an alliance with China. The Soviet Union and China were not on good terms formerly, which allowed the USA to capitalise and cripple the Soviets during the cold war. Divided the Soviets fell, while China was looked upon as still backward, poor and comprising cooks and laundrymen, nothing that the USA had to fear about. But today Russia and China will stand as two united powers and presenting a totally new prospect for the USA to think of subjugating either of them.

Now the USA is finding faults with Tesla and Twitter as well, both owned by Elon Musk. Look closely at all the petty issues raised against Twitter, and hyping up of issues relating to Tesla EV, all because Elon Musk is not towing the USA line, and is even investing and depending on the big market in China. Musk is perhaps the one among a handful of big USA conglomerate CEOs that can foresee his future tied to the Chinese market, unlike those short sighted chip manufacturers killing their future by following the USA's chip war against China.

DJI, the global Chinese drone maker is also now in the crosshairs of the USA. And what is even worse is that India, now beholden to the USA following Modi's visit to Washington, even killing the US$1 billion investment by BYD to set up a manufacturing plant in India. India is content to remain backward despite talking about wanting to overtake China as the 'factory of the world' only in words. That is good news for Joe Biden. Keeping India backward like the Africans before, and everything about India rising now becomes a mirage and is under the USA's control. I know the Indians will be deeply unhappy about my comments, because they, like the USA are grand followers of the magic word 'denial'.

Anonymous