In all the chaos of markets convulsing and tariffs rising, it's been easy to forget the main objectives of the US's trade war with China. And in doing so, it's easy to forget that those objectives are at odds with one another. On one hand you have USTR Robert Lighthizer and his stated aim of turning China into a market-based economy. On the other hand you have Donald Trump, a populist obsessed with forcing China to buy more goods — a market distorting demand.
In all the chaos of markets convulsing and tariffs rising, it's been easy to forget the main objectives of the US's trade war with China. And in doing so, it's easy to forget that those objectives are at odds with one another. On one hand you have USTR Robert Lighthizer and his stated aim of turning China into a market-based economy. On the other hand you have Donald Trump, a populist obsessed with forcing China to buy more goods — a market distorting demand.
lopezlinette If everyone knew of Trump’s strategy then they could easily counter it, right? What about discussing major factors where the world has other countries to trade with and the costs associated, etc.! Trump IS Winning!!
lopezlinette You are confusing land war with trade war.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bad news for parents: Trump’s trade war with China will hit back-to-school suppliesSome of the standard student gear and supplies are on the list. Like food, everyone needs stationery. Lies. Hope parents get return on their investment in their kids? Kids graduate becoming filthy rich like Bill Gates & take care of their dying parents in old age? Wishful thinking? Hope they don't return home after college without Trump's jobs & start eating parents' food?
Source: MarketWatch - 🏆 3. / 97 Read more »
China offers to make farm purchases as officials prepare for trade talksChina made a peace proposal in a phone call this week with top U.S. trade officials with an offer to buy a modest amount of U.S. agricultural goods Keep going. Trump considering delaying Dec. 15 tariffs?
Source: politico - 🏆 381. / 59 Read more »
U.S. wants 'near term' results from new China trade talks: KudlowThe Trump administration wants to see 'near term results' from U.S.-Ch... If not then do what? KudowIsAPutz
Source: Reuters - 🏆 2. / 97 Read more »
Larry Kudlow says phone call earlier this week with China on trade 'went very well'The increase fell short of Wall Street estimates for 150,000, while the unemployment rate stayed at 3.7%, as expected. larrykudlowCNBC Kudlow is lying because it’s the one area that the administrations lies can actually have an impact they can portray as positive. They lie, the market goes up. This is the recipe for a disaster larrykudlowCNBC 🤮 larrykudlowCNBC Meanwhile -- the Chinese market for soybeans is being served by Russia, Brazil and Argentina. Maybe hemp next year?
Source: CNBC - 🏆 12. / 72 Read more »
Exclusive: China sugar industry to lobby government for extension of hefty tariffs on imports - sourcesChinese sugar mills plan to ask the nation's Ministry of Commerce to extend...
Source: Reuters - 🏆 2. / 97 Read more »
U.S. will aim to persuade others to 'call out' China over Uighurs at U.N.: PompeoU.S. Secretary of State Mike Pompeo said on Friday the United States would use t... And not persuade others to call out Israel over Palestine? Double faced twats. That's what they are About time. The fact that much of the world has been silent will millions of people are imprisoned in 're-education camps' simply for their religion, is appalling.
Source: Reuters - 🏆 2. / 97 Read more »