trade wars
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US-China trade deal unravels. What next?
The world community can heave a sigh of relief that there isn’t going to be a new cold war between the United States and China. A Cold War needs two blocs: while Washington is unable to cobble together a bloc, Beijing is disinterested in one, lacking a bloc mentality. But isolating China in the international… Continue reading
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Beijing sees Trump’s hand and won’t fold
Everyone was expecting US President Donald Trump to go nuclear by de facto sanctioning China to death over Hong Kong. In an environment where Twitter and the President of the United States are now engaged in open warfare, the rule is that there are no rules anymore. Continue reading
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It’s all going pear-shaped
With perfect timing, just as the summit meeting of the leaders of the top capitalist economies (G7) met in Biarritz, France, China announced a new round of tariffs on $75bn of US imported goods. This was in retaliation to a new planned round of tariffs on Chinese goods that the US planned for December. US… Continue reading
The New Dark Age 