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Why Further U S China Economic War Seems Certain πŸ‘πŸ‘πŸ‘

Why Further U S  China Economic War Seems Certain πŸ‘πŸ‘πŸ‘ Why Further U.S.-China Economic War Seems Certain
The days are over when the United States—or at least its political and business leaders—saw mushrooming commerce with China as an expressway to greater national prosperity, higher profits, and a powerful contributor to global well-being.
Ever since President Donald Trump started hiking tariffs on imports from China in the middle of last year, speculation has abounded that his main aim wasn't creating leverage for securing a favorable trade agreement with Beijing, but, rather, spurring a process of decoupling the two economies. As widely noted, disengagement represented a logical economic aim, given the president's conviction that China had been “raping” America on trade. And less commerce with China would reduce U.S. dependence on a country his administration warned was an increasingly powerful and aggressive strategic rival.
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