The US-China Trade War: Selected Stories

8 August 2019 — Global Research

“On a Scale of 1-10, It’s an 11” – Wall Street Reacts to China’s Retaliation

By Zero Hedge

One day after China finally snapped, and demonstratively refused to intervene and keep the CNH above 7.00 vs the dollar, escalating the trade war into a currency war, stocks are tumbling and Wall Street analysts – all of whom had been bullish until now – are scrambling to adjust their narrative. Read more…

Trade War: China Suspends Purchases of US Agricultural Products

By Telesur

China’s Commerce Ministry announced Tuesday that the Asian country will suspend the purchase of U.S. agricultural goods in response to the recent announcement that the President Donald Trump administration will increase tariffs to Chinese exports. Read more…
Continue reading

Why China Is Confident It Can Withstand US Pressure

18 June 2019 — Oriental Review

On 1 June 2019, Beijing introduced higher tariffs on around $60 billion worth of US products. This was in response to a decision by the US government on 10 May 2019 to increase tariffs on $200 billion worth of Chinese goods from 10 per cent to 25 per cent. Later, US President Donald Trump ordered tariffs to be imposed on a further $300 billion worth of Chinese goods. Washington has actually been waging a trade war against Beijing for some time now and is using the technology sector to bully the country in the hope that it will undermine its economic position as the US once managed to do with Tokyo.

Continue reading

China Newslinks 12 June 2019

12 June 2019 — The New Dark Age

Panda Diplomacy Much Better than Mafia Extortion of Collapsing West
https://journal-neo.org/2019/06/12/panda-diplomacy-much-better-than-mafia-extortion-of-collapsing-west-1209/

‘Make Russia Prostrate Again’ Is the Only Thing US Democrats and Republicans Can Agree on
https://www.strategic-culture.org/news/2019/06/12/make-russia-prostrate-again-is-the-only-thing-us-democrats-and-republicans-can-agree-on/

Continue reading

Washington is Waging a New Dimension War Against China – and will Lose out Bitterly By Peter Koenig

11 March 2019 — New Eastern Outlook

Once the all-encompassing chittering and chattering about tariffs on Chinese imports by the western corporate media subsided, Trump, egocentric businessman rather than the President of the Empire, “out of the blue”, one could almost say, under the pretext of ‘unfair’ Chinese trading, launches a new ferocious and as usual totally illegal campaign of aggression against China’s fast-growing economy. It’s aillicit campaign against Chinese competition, against Chinese unstoppable growth. It’s a tacit recognition of China’s emerging supremacy which the United States can only confront with fraud, deceit and illegal activities. And this only as long as Washington controls the western monetary system. This won’t be for much longer.

Continue reading

The global slowdown: US trade war comes home By Andre Damon

4 January 2019 — WSWS

The term “decoupling,” referring to the severing of trade ties between the United States and China, has, to quote one commentator, become the “talk of Washington.” The two countries are embroiled in what has been widely described as a “new cold war,” in which, in the words of former Treasury Secretary Hank Paulson, an “iron curtain” has descended over the Pacific.

Continue reading

The implications of US-China trade war By Nick Beams

18 September 2018 — WSWS

In the aftermath of the global financial crisis ten years ago, the leaders of the world’s major powers pledged that never again would they go down the road of protectionism which had such disastrous consequences in the 1930s—deepening the Great Depression and contributing to the outbreak of world war in 1939.

Continue reading

Trumponomics: Is Post-Fordism on Reverse Gear? By K M Seethi

14 September 2018 — Counter Currents

US President Donald Trump has been speaking with hyperbole, over the last several months, that his ‘trade war’ with China, tough bargains with the European Union as well as the emerging economies (like India) would bring the ‘American glory’ back, besides generating more jobs in his country. More recently, Trump rolled out a red carpet to Apple Inc. and Ford Motor Co. to set up new manufacturing environs in the US and thereby help stimulate the economy. In a social media comment, Trump said Ford’s decision not to import a new crossover vehicle from China implied that the Focus Active could now be manufactured in the US. However, Ford indicated very clearly that it did not have any plans to manufacture the vehicle in the US. It added that the Trump Administration’s 25 per cent levy on China-manufactured vehicles would undermine the profitability of importing it.

Continue reading