Trump's sycophants and dimwits still hyping that they won the trade wars

According to Trump's sycophants, he won the trade war against China, based on rhetorics and hype. But according to pundits and economists like Richard Wolff, Jeffrey Sachs and analysts like Kishore Mahbubani and David Oualaalou, China already won conclusively. There is no need to waste more time negotiating and putting on a show for the sake of onlookers and trying to persuade the fence sitters and undecided that the USA has the cardless upper hand.

The USA is at the 5th stage of the decline of empires, with the 7th stage the finality according to one source. The irony is that Trump and his clowns and cronies in the EU are hastening the downfall of the USA hegemony, by playing with their empty hands when China and Russia already hold all the cards.

Take the case of the Nexperia seizure that is now decimating the vehicle manufacturers in Europe and USA as well. Vehicle manufacturers in Europe and USA could at least have a couple of years left to fight for survival but are now hanging by a thread due to the seizure. The USA was the mastermind behind the move, the Dutch the executioner and China still stand tall even with the two working together.

Strangely, this was not an issue being brought up by Trump in his meeting with Xi, perhaps realizing that the USA was wholly behind the move. Bringing it up would have worked against the USA's Chip Alliance, exposing the high-end chip fixation and allowing China to dominate in the legacy chip sector under its nose. That has now exposed the equally important legacy chip sector, the heartbeat of EVs and all other consumer products. China's long-term thinking and planning has now enabled it to counter another coordinated attack by the USA and the EU.

China need not initiate any attack against its enemies, preferring to let them fire the first shot and then retaliate strongly. Suffice to say, this time, China must not again relent despite all the moves by vehicle manufacturers in Europe trying to seek a way out in talks with Chinese leaders. After all, the USA and EU are engaging in an EV war against China, and bringing down the EU's vehicle manufacturing is not an illogical move.

Anonymous