tariffs
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Tariff Mania: Let the Tariff Games Begin …
US corporations and US investors have based their business strategies on the fundamental belief that the US state will always use its power to force open other nations to free trade, while at the same time generally practising free trade itself. A belief that has proven correct since WW2, and has been the basis upon… Continue reading
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Europe’s Anti-China Politics: One Step Forward, Two Backwards
On the 4th of October, when members of the European Union voted in favour of imposing tariffs of up to 45 per cent on Chinese Electric Vehicles (EVs) for at least the next five years, they did not just simply take a step to “de-risk” from China and/or put their policies in line with Washington’s. Continue reading
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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 Continue reading
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Why China Is Confident It Can Withstand US Pressure
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… Continue reading
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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
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Washington is Waging a New Dimension War Against China – and will Lose out Bitterly By Peter Koenig
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… Continue reading
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The global slowdown: US trade war comes home By Andre Damon
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… Continue reading
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Development vs. Destruction: China and the U.S. By Sara Flounders
Escalating U.S. military confrontations, political threats, extreme tariffs and an ominous trade war against China are having global repercussions. These provocations impact the economy and the political alliances of every country, not only China. Continue reading
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The implications of US-China trade war By Nick Beams
The US is demanding that the trade deficit with China be reduced, but the conflict does not merely centre on that issue. China has made offers to increase its imports from the US, all of which have been rejected. The key US demand is that the Chinese government completely abandon its program of economic development… Continue reading
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Trumponomics: Is Post-Fordism on Reverse Gear? By K M Seethi
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… Continue reading