According to [economist and director of the China Institute of Fudan University, Zhang] Weiwei, it is enough just to take a look at the volume of the Chinese economy to understand the cause of his lack of concern. It turns out that Trump is trying to impose tariffs on imports of the goods on the Asian country which is the largest manufacturer in the world.
“No matter what Trump says about his victory, we know that this is nonsense,” the expert said in an interview with Russia’s Rossiya 24.
As a result of this war, the burden of tariff rates will ultimately fall on US citizens in the form of taxes.
Although there are usually no winners in commercial wars, in the current battle with China, the US loses more than its Asian rival, says Weiwei.
“If China throws the US out of its market, the US will no longer be a superpower,” he warned.…The present US administration, not just the president, doesn't seem to understand that China exacted a price for entry to its market. They see this as China "cheating" us.
Fort Russ News
China’s U.S Strategy: “Be Courteous, Because Russia And China Rises As The West Falls”
Paul Antonopoulos
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