The USA already lost and lost big. That is why it is desperately using the last resort of starting a new trade war to cripple China. Trump still thinks that the USA is the only destination for Chinese goods and does not realize that China already expanded its market outside of the USA. Agricultural products are no longer going to hold China hostage, as China has already position itself to rely on many sources for food. It is the USA agricultural sector that is being held hostage by China today. And food is a National Security issue for all countries.
Tariffs will only force China to sell more to BRICS and Global South countries, a market out of reach by the USA, even if it manages to lure all manufacturing back to the USA. The USA manufacturers cannot possibly compete outside of the country. And what does that scenario sound for those setting up factories in the USA? Selling to USA citizens alone is not going to solve the problem. USA citizens are no longer the people thought of as having the greatest spending power in the world. That is long gone, and with some USA citizens having to work at two or three jobs to survive, what kind of spending power are left for them?
Anonymous
1 comment:
Good morning All
UAss thought that they are like the PRCs which they could construct a station or make shift hospital in just days ah!
Chinamen with their National Flag and Red banners behind them in any projects and their rallying songs worked 25 hours a day and night.
The Americunts would take years just to built a simple factory.
Played golf and cigars in black holes have their spring, summer, autumn and winter holidays.
Their Logistics strikes every now and then and what's resources they have except arsenals of DEATHS.
Already sloths livings.
Their CON-gress Men and Women and Senile-Nators just marked time and kicked the can further down the road.
Now strike whilst the iron is hot plough as much wealth as possible.
Just say say hot airs only!
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