Now that the relationship with China has soured and the People’s Republic of China has become the greatest adversarial threat to the U.S. and Western security, policymakers should revisit thi…
Now that the relationship with China has soured and the People’s Republic of China has become the greatest adversarial threat to the U.S. and Western security, policymakers should revisit thi…
And that’s why economists all agree that trade wars are bad.
Well… I would argue that the US has been pretty good at avoiding confrontation. Obama should have done more to stop North Korea. Obama, Trump and Biden collectively aren’t doing much about the militarisation of the South China Sea.
IMO the problem really got rolling with President Bill Clinton gave China most favored nation trading status, eliminating a lot of barriers for US business to ship jobs and production to China. The hope at the time was that a country that became Capitalist would always become a Liberal Democracy. That prediction was very, very wrong.