'The actual goal of President Trump’s U.S-China trade reset is a complete decoupling of U.S. critical manufacturing within China.''There is no actual intent to reach a trade deal with China where the U.S. drops the tariffs and returns to holding hands with a happy panda playing by new rules. This fictional narrative is a figment of fantasy being sold by a financial media that cannot fathom a U.S. President would be so bold as to just walk away from China.
That ‘walk away’ is exactly what President Trump did when he left all of those meetings in Southeast Asia in 2017; and every moment since has been setting up, and firming up, an entirely new global supply chain without China.
President Trump is not currently engaged in a substantive trade agreement in the formal way people are thinking about it. Instead “Phase-One” is simply President Trump negotiating the terms of a big Agricultural purchase commitment from Beijing, and also protecting some very specific U.S. business interests (think Apple Co.) in the process.
The actual goal of President Trump’s U.S-China trade reset is a complete decoupling of U.S. critical manufacturing within China.
President Trump does not express angst, frustration, or even disappointment over the U.S-China trade discussions because the decoupling is well underway.'
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President Trump China Strategy: Death By a Thousand Paper Cuts… November 27, 2019
Context'..countering the totalitarian Chinese government’s widespread and horrific human rights abuses..''..the West’s 25-year bet on China has failed.' - How the West got China wrong - '..China uses business to confront its enemies. It seeks to punish firms directly, as when Mercedes-Benz..'The Human Rights Crisis in Xinjiang - '..As we heard today, China harasses citizens of other countries, including American citizens..''What do we do about China now?' - '..the Chinese manipulated Western politicians and business leaders into thinking China was evolving toward democracy and capitalism.'