trade war

There are a lot of farmers losing a lot because of Trump's pig-headed, badly-handled trade wars. Including, presumably, a lot of sleep. Family farms are particularly badly hit and farmers have been losing their land; many more are on the verge of bankruptcy. Soybean farmers have been hit worse than anyone else. There are 11 states that each produce over 100 million bushels of soybeans annually-- Illinois, Iowa, Minnesota, Indiana, Nebraska, Ohio, Missouri, South Dakota, Arkansas, North Dakota and Kansas.

War against Iran is a wet dream for BoltonIn December of 2016, John Bolton hadn't infiltrated the Trumpist Regime yet. When Alex Campbell predicted a war, it was Bannon, a war of civilizations kind of maniac, who was telling Trump what to do.

by NoahOnce again, we, the citizens of the United States of America, will pay because of the incompetence and mental illness of Putin's big orange fist puppet. Every thing Trump is doing to America, from his $enate-approved appointees to his destructive policies which they devilishly implement is obviously designed to hurt as many Americans as possible.

Donald Trump fancies himself as a deal-maker. His foreign and economic policies, however, are more akin to those of a Mafia extortionist. At a minute after midnight on May 10, Trump hiked tariffs from 10 to 25 percent on $200 billion of Chinese imports. He also threatened a 25 percent tariff on the rest of the $325 billion of imports from China. Trump, who is as challenged in simple mathematics as he is with the English language, falsely tweeted that Chinese tariffs would be paid directly into the US Treasury. This statement was both comically and tragically wrong.

The big Politico headline early yesterday morning, Trump disputes impact of tariffs on American consumers, but warns China not to retaliate, was instantly controversial on two levels. First...

I hate to break the news to China bashers, but the trade war with the US is over. I’ve maintained for months that Trump has no leverage in trade talks with China. If he did China would have done a deal by now.
They haven’t and they likely won’t unless you are talking some form of deal which allows Trump to save face here. But to be honest I’m beginning to doubt whether anyone in the White House cares. This is about the Great Powers Game and the simpleton idea that for one country to win in trade another has to lose.
This is, of course, nonsense.

At The Hill this morning, Alexis Simendinger referred to Trump's style of negotiating trade with China as "reality TV" trade discussions. Yesterday's comments by Trumpanzee, he wrote, "veered between hope that a deal was still possible and enthusiasm for what he called a U.S. 'alternative,' amounting to a period of tit-for-tat trade levies.

Today, war means so much more than military combat, writes Michael T. Klare. It can take place even as the leaders of the warring powers meet to negotiate.  By Michael T. Klare TomDispatch.com In his highly acclaimed 2017 book, “Destined for War,” Harvard professor…Read more →

What the U.S. faces with China is not a new Cold War but a contest unlike any it has known before, says Chas W. Freeman, Jr. By Chas W. Freeman, Jr ChasFreeman.net Five hundred years ago, Hernán Cortés began the…Read more →

Washington — (Analysis) Meng Wanzhou, the Chief Financial Officer of Chinese telecommunications titan Huawei, appeared in Canadian court on Tuesday to fight her extradition to the United States. If she is extradited, she will face fresh charges issued by the U.S. Justice Department (DoJ) accusing Meng and Huawei of engaging in bank fraud and trade theft, as well as violating U.S. sanctions against Iran.