trade war
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US Rage for Dominance Driving Its Economic and Social Decline By Stephen Lendman
Throughout the post-WW II era, the US demanded and continues demanding that other countries bend to its will — by pressure, bullying, intimidation, threats, naked aggression and other hostile actions. Continue reading
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The US has Locked China as its Enemy No. 1 By Salman Rafi Sheikh
Although a South China Morning Post news article of March 9 tried to dismiss a popular notion that there is going on a ‘clash of civilisations’ between the US and China and further showed that the present conflict between the two states could potentially be resolved by “reaching for universalist rather than nationalist values and… 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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Trump’s Trade Policy Towards China: A Distraction to Benefit the Rich
As stock markets around the world are reeling from contradictory Trump administration signals regarding US policy towards China, we look at: Who benefits? And: What would a better trade policy towards China look like? CEPR’s Mark Weisbrot and PERI’s Gerald Epstein discuss the issue Continue reading
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On The Road to a Post-G20 World By Pepe Escobar
The trade war launched by the Trump administration against China may not have been solved by a 2½-hour dinner between Chinese President Xi Jinping and Donald Trump at the G20 in Buenos Aires on Saturday. But it may have opened a path towards a drastic realignment. 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