Trump may start trade war with China in 2018
Trump and China: 2018 could get nasty
CNN Money 12/19/17
"I expect a trade war to emerge in the first part of the year, and it could spiral into a serious conflict that threatens other elements of the relationship," said Scott Kennedy, director of the Project on Chinese Business and Political Economy at the Center for Strategic and International Studies.
A successful TPP would have provided "an incentive for China to reform," said David Dollar, a China expert at the Brookings Institution. "Now, we've lost that and the administration is talking about taking some harsh actions, which is probably not going to change Chinese behavior but has the risk of damaging both economies.”
Trump has also dismissed other multinational approaches to trade, saying they "tie our hands, surrender our sovereignty and make meaningful enforcement practically impossible." But that attitude also makes it harder to pressure China to play fairer on trade.
"The U.S. is pursuing this effort unilaterally and with no allies," Kennedy said. "Because the U.S. is at loggerheads with so many others, no other country is standing by the U.S.'s side."
http://money.cnn.com/2017/12/19/news/economy/china-us-trade-trump-xi/index.html
Literally our foreign policy is being pursued by idiots. Given today’s show of US unilateral policy at the UN, I found this article relevant.
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