Домой GRASP/China Will America or China Prevail in the Trade War?

Will America or China Prevail in the Trade War?

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While the Constitution vests in the Congress the power to declare war, American presidents wield great discretion in initiating hostilities. Lyndon B. Johnson dribbled troops into combat in Vietnam in a series of halfway measures that led to disaster. After taking care to build a broad alliance, George H. W.
While the Constitution vests in the Congress the power to declare war, American presidents wield great discretion in initiating hostilities. Lyndon B. Johnson dribbled troops into combat in Vietnam in a series of halfway measures that led to disaster. After taking care to build a broad alliance, George H. W. Bush ordered the assault that threw the Iraqi forces out of Kuwait in 1991. His son, George W. Bush, orchestrated the invasions of Afghanistan and Iraq, after gaining the support of Congress. And recently, without involving the Congress, President Donald Trump has shifted the field of battle to economics by declaring a trade war against China.
By so doing, he has initiated a drama of historical proportions, with consequences far beyond the fracas about tariffs. Looking out several decades, it is China—not Russia, North Korea, or Iran—that is emerging as America’s superpower adversary. President-for-Life Xi Jinping and his authoritarian regime have claimed sovereignty over the 1.3 million square miles of the South China Sea, three times the size of the Mediterranean. China has constructed a chain of forts with anti-ship missiles to enforce the claim. Xi has announced a plan to achieve high-tech dominance over the United States by 2025.
In its “Belt and Road Initiative,” China is offering long-term infrastructure loans to developing nations.

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