China Is Already Winning the Trade War America Wanted

2 comments

1. Recent developments indicate a marked escalation in economic tensions between the U.S. and China, highlighted by a U.S. crackdown on semiconductor exports to blacklisted Chinese firms. In response, Beijing has imposed stringent export licensing requirements on rare earth elements, demonstrating its strategic leverage in critical industries with far-reaching global implications. The article contends that despite ongoing diplomatic efforts by U.S. President Donald Trump and Chinese leader Xi Jinping, the likelihood of achieving a transformative agreement is minimal due to profound rivalries rooted in economic dominance and national security. Historical parallels underscore that past diplomatic engagements rarely prevented conflicts, suggesting that contemporary tensions are similarly entrenched. This competitive spiral signals a potential intensification of economic confrontations, shaping a volatile and uncertain global landscape.

2. It seems to me that each side exaggerates its strength in order to scare the other.
   China does not need the ruins of the US and the EU, but it cannot compromise and slow down its own development.

Comments are closed.