Escalating with China is actually the right policy. The earlier the Chinese are called out and pushed out re global trade the better. That it is this ‘administration’ that is doing it is hugely ironic.
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Not a babbler. Just the language (body and words) that would be used if he was provoked in public would be very interesting. He is a very remote, and some have intimated potentially brittle, figure.
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I don’t think they can win without allies, so I don’t agree that it’s the right policy then, but a disastrous one that greatly increases risk of an invasion of Taiwan. If they lose, which I think they will, it will only get worse.
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The fundamental problem is that the US neither wants to get into a trade war, nor get out of one. The same fuddleheaded logic that applies to the domestic purpose of the tariffs is in operation with regards to the international purpose. The White House is very upset that their 90 day pause has produced no conciliatory gesture from Canada, notwithstanding the fact the pause did not affect the tariffs Canada has already been facing.
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Can only mean one option left
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Should have sent an agent with a nerve poison.
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Seem to be spending more time escalating with Mexico right now.
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The last 3 administrations have all made serious efforts to address this. Trump just puts performative asshattery ahead of getting anything done. And I dont think that is just a stylistic preference. It is the extent of his perspective…it is all he can think through.
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Not enough. It’s only been since 2021 that CHN has been recognised as a treat rather than just a partner. The slower they go and the longer it takes to isolate CCP China the worse things will be. Really this should have started no later than 2016 when it was abundantly clear that Xi’s interest run counter to the West.
As someone who tries but fails understand markets this seems fairly strsaight forwardly bad (from a US perspective)
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Bond prices fall when a higher yield is demanded - for instnace when inflation is expected or counterparty risks are assessed as materially increased. Both are live possibilities right now
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I think it’s fair to argue that Obama didnt go far enough. I dont agree seeing as even what they tried was ultimately not viable domestically because of dumb electoral politics. But from at least 2012 on most of his foreign policy was geared around addressing China’s abuses.
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The exchange rates are largely saying the same thing. Tariffs are the dominant element of it, but taken as a whole can one really say that the US is under the rule of law now? What happens if Trump decides to nationalize some foreign-owned plant? The US has already coloured right up to that line with TikTok.
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China pre Xi was a different beast. It all changed, even to those not paying close attention, within a few years of his assent in 2013.
Wow people buy and sell but bonds ?
