The U.S. Vs. China: A Merchandise War?

by Frank Li

President Trump has simply practically declared a merchandise state of war against China (Trump Declares War On China's Unfair Trade Practices). There accept been many publications over this affair (Did Donald Trump actually simply launch a merchandise state of war amongst China?). It's fourth dimension for me to fleck inward my 2 cents: it's a bad thing for both America as well as China! War, a merchandise state of war or otherwise, is bad! War should last used entirely equally the terminal resort - the entirely solution to a well-defined problem!

1. What's the problem?


We, the U.S., accept large merchandise deficits amongst to a greater extent than or less ninety countries. Let me highlight 2 aspects: amongst China as well as amongst the world, respectively.

1.1 The U.S. merchandise deficit amongst China

The picture below highlights the problem.




1.2 The U.S. merchandise deficit amongst the world

The picture below highlights the transcend 10 countries the U.S. had merchandise deficits amongst inward 2014.




2. What is the rootage cause?

We are no longer competitive inward the world, specially against the ascent China!

Why aren't nosotros competitive whatever more?
It's the political arrangement stupid! More specifically, nosotros pass likewise much as well as nosotros attain likewise little! Below are our iv biggest problems: 
Democratic Imperialism: War is perpetual, amongst the worst instance existence the Iraq War
Democratic Socialism: Work is optional for many Americans, amongst the worst existence public-sector unions. 
Nation's debt: Our national debt is $20 trillion, growing. 
Gun violence: America: Guns vs. Slavery

3. Problem-solving

Is President Trump addressing the rootage cause? No, he is not!

Why not? Getting re-elected advertizement nauseam! For more, read: President Trump: Governing vs. Campaigning for 2020.

In other words, amongst his re-election inward 2020 equally the transcend priority, President Trump is looking for a scapegoat, spell kicking the tin give notice downward the road, simply similar all his predecessors did!

Who is the biggest scapegoat? China!

4. The U.S. as well as China

All relationships are mutual. The Sino-American human relationship is no exception.

China has come upward a long means from existence a dirt-poor province iv decades agone to existence a reasonably prosperous i today.

Undoubtedly, China would non accept achieved its success without the assist from the U.S. along the way. Reciprocally, the U.S. would non accept helped China without expert returns. For example, President Nixon visited China inward 1972, amongst 2 explicit goals: seeking China's assist to terminate the state of war inward Vietnam as well as allying China against the USSR to eventually terminate the Cold War. Both goals were achieved!

Now, what almost the merchandise deficit specifically? Do non blame China! The video below is worth to a greater extent than than 10,000 words.

5. What is the existent solution for America?

Below are 2 large steps toward a existent solution: 
Pursue political reforms at home, equally I accept suggested. 
Let the Chinese purchase to a greater extent than of what they desire from America without likewise many restrictions, simply similar Americans attain inward China. Free merchandise is fair trade! 

Of course, neither pace is possible. Why? Because the U.S., equally a country, has proven to last incapable for adapting, totally inward pale when compared amongst China, at least!

6. The U.S. vs. China

Are the ascending China as well as the declining U.S. destined for state of war (Destined for War). Yes as well as no!

Yes, it is destined for war, merchandise or otherwise, if America as well as thence chooses (China’s Premier Pledged Market Opening inward Bid to Avert United States of America Trade War).

No, it's non destined for a "real" war, cheers to MAD (Mutually Assured Destruction), provided that America has existent leaders who tin give notice mean value direct as well as accept conscience (Built to Last: Structure & Conscience).

In contrast, China has neither the incentive nor history to wage wars against whatever country, permit solitary against the U.S.

For more, read: The U.S. vs. China.

7. Discussion

As a Chinese-American, I am caught betwixt a stone as well as a difficult place.

On i hand, I wishing China, my native country, good - She suffered likewise much over the yesteryear 200 years. On the other hand, I wishing America, my adopted country, good - She must halt her sudden decline, as well as thence equally to stay the shining metropolis on the hill. Most importantly, at that topographic point must last no war, merchandise or otherwise, betwixt the 2 largest economies inward the world!

It is chiefly for this argue that I accept been writing for the yesteryear 10 years. For more, read the picture below.

8. Closing

Time volition seek that neither China nor America volition win the merchandise state of war launched yesteryear President Trump.

Worse yet, it does non solve the existent problems inward America.

Worst of all, when all fails, volition President Trump farther escalate the merchandise state of war amongst to a greater extent than intensity or fifty-fifty launch to a greater extent than or less other war?

Now, delight sit down dorsum as well as taste the long video below.




Buat lebih berguna, kongsi:

Trending Kini: