Home GRASP GRASP/China When 2+2=3: Trump’s trade war with China is puzzling

When 2+2=3: Trump’s trade war with China is puzzling

248
0
SHARE

Never liked beans.
Admittedly, I am not smart enough to work in Washington and grasp its conventional wisdom on how things should work in that humidity. But I must say this tariff business with China seems rather, uh, unusual, if you haven’t been drinking.
OK, so in an effort to change their behavior, we slap tariffs on some Chinese goods because they’ve not been playing fairly in trade by our standards. That’s quite true. But we can’t fight back like a one-party regime.
Unfair is also actually business as usual in Asia, which often regards the West as inferior. And impatient, like rookies on the world stage. Remember, China’s rulers were trading spices, fabrics and this stuff called paper with Marco Polo back in the 1200’s.
So, China knows trading and soft touches. Take advantage until the U. S. complains. Then nod, yes, we understand. Give in on some meaningless thing like importing aluminum baseball bats.
Then, go ahead just as you were, because Americans’ attention span is quite short and any White House crowd will change in a short time, by Asia standards.
The Obama-ites only lasted 96 months. By comparison, numerous Chinese dynasties with congenital determination spent 22 centuries on one single infrastructure project, the Great China Walls.
Because in Asia, face is more valuable than billions of dollars, China slaps some reciprocal tariffs on U.

Continue reading...