No deal with China. China has already declared that it is not going to submit to US dominance, which is ultimately regime change and the demise of the Chinese Communist Party. Chimerica is effectively over.
The question now is who can wait the other out? I would be betting on China.
Zero Hedge
Stocks Tumble After Navarro Says "Agreement With China Difficult" Unless Beijing Does Full Trade Overhaul
Tyler Durden
also at ZH
Chinese Media Deny WSJ Report About Global Banks Cutting Ties With Huawei
See also
Getting ready for it.
- U.S. officials revealed in August that China had test-fired a hypersonic missile capable of carrying a nuclear warhead and of thwarting missile-defense systems. About two months earlier, China tested the advanced DF-41 intercontinental ballistic missile (ICBM). It has a range of 12,000-15,000 km, and is capable of carrying 10 miniaturized nuclear warheads.
- China is no doubt assuming that if its ICBMs can reach the United States mainland, they will deter the U.S. from interfering in China's affairs in the South- and East China Seas.
Gatestone Institute
Does China's Nuclear-Capable Hypersonic Missile Threaten U.S. Deterrence?
Debalina Ghoshal
"Navarro said that smartphones manufactured by China's Huawei pose a clear risk in that "those phones can be used to spy on our citizens or our government." He said that the constant software updates were the main source of concern."
ReplyDeleteMeanwhile, US based Apple phones aren't made in China, don't have constant software updates, and aren't used to spy on anyone.