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How China Is Outplaying the U.S. on Trade
https://politicalwire.com/2019/06/19/how-china-is-outplaying-the-u-s-on-trade/
"SNIP......
The Atlantic: Trump started the trade war by levying new taxes on $250 billion worth of Chinese exports. China retaliated both by increasing the duties Americans face and by decreasing the tariffs that confront everyone else: It has cut tariffs on thousands of products from the rest of the worlds fisheries, farmers, and firms.
Even as Tariff Man, as Trump likes to refer to himself, focuses only on disruption, Beijing is evidently operating on a higher level. China is outplaying the United States on two fronts.
First, while Trump is on the verge of slapping tariffs on almost everything the U.S. imports from China, Beijing is picking and choosing wisely
Second, Trump has no real mitigation strategy to help the Americans facing the entirely foreseeable costs of his policies.
......SNIP"
KT2000
(20,577 posts)for the Chinese. They are miles ahead of him and always have been.
Wellstone ruled
(34,661 posts)to be self sufficient onto themselves. They are planting thousands of acres of Soybeans and Wheat as starter's. I guess if one has their heads in the sand,they missed how China has bought massive acreages here in the USA including the Water Rights.
They pretty much control our Pork Industry with the purchase of Smithfield. And they are moving into the control of Poultry.
But,ignorance is so blissful.
hunter
(38,312 posts)We are 327 million out of 7.53 billion.
Turbineguy
(37,331 posts)circles around trump.