Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Trump may well have bitten off more than he can chew with China. It seems the Chinese view his actions as an existential threat and are playing for the long term. Already Tump's petulant and impulsive actions on trade have done serious damage to the US economy and they will only get worst. There will be no further imports from China that were arranged before tariffs were imposed and China is revising its schedules to maximize its long term benefit and minimize its long term damage. And China can do much to discomfort Trump in the South China Sea and elsewhere.

For the USA the worst damage has already been done. China has acquired most of our most advanced technology from one sided deals it made with short sighted US technology corporations. Where that didn't work they have used espionage. The US response has been pathetic and Trump is ill equipped to play a smart long game.

"It is not necessary to have hope in order to persevere."

by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Wed Nov 7th, 2018 at 09:15:00 PM EST
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