We Know wrote:
X-Runner wrote:
What is the plan to win the China trade war anyway?
Define the goals.
Are more things going to be made in America rather than China?
Will China buy more US stuff once Trump has his way?
We know the things we buy won't be cheaper.
And we know the things we buy still won't be made in the US.
one of the main goals is to force china to respect intellectual property. china has been violating that one for a long long time and resisted all efforts to stop.
if trump can claim a win on that, it would be an actual win.
the irony of course is that the the trumper farmers (who are not stupid or bad people, flagpole), would not benefit - the people who would benefit are elite tech companies and some high end industrial companies. The farmers are hosed...they've lost those markets for a long time.
and beyond IP issues, China does dump products like steel and other things. meaning they use subsidized companies to create products at lower cost than a free market company could do...and then sell them. that drives the free market companies out of business, leaving just the subsidized chinese company...which then raises prices.