Posted on 05/15/2019 8:41:39 AM PDT by SeekAndFind
News reports suggest that in the coming weeks, the United States and China might sign an agreement that repeals the tariffs the two nations have been levying on each other’s goods for the past nine months. If past behavior is any guide, Donald Trump will call it the greatest deal ever, and global markets will breathe a sigh of relief. But the deal will likely constitute only a modest pause in Washington’s growing hostility toward Beijing.
That’s partly because, for Trump, no agreement is truly final. The president, The New York Times recently observed, “has repeatedly agreed to new trade terms with foreign partners, then talked about undoing those deals to achieve additional goals.” Trump has already begun to renege on commitments made as part of the United States–Mexico–Canada Agreement, which he hailed as “incredible” in October.
But the slide toward cold war with China will likely continue for reasons that go beyond Trump himself. While Trump’s language is particularly extreme—during the 2016 campaign, he portrayed the relationship between the Chinese and American economies in language of rape—describing Beijing’s economic behavior as predatory, and demanding that America respond with punishments and threats, has become commonplace in both parties. From Elizabeth Warren, who earlier this year claimed that China has “weaponized its economy,” to Marco Rubio, who last year tweeted that Chinese aim to “steal & cheat their way to world dominance,” leading Democrats and Republicans describe China’s economic practices as uniquely malevolent and getting worse. In fact, neither accusation is true.
The u.s.-china relationship is, of course, about more than economics.
Politically, Beijing is growing more authoritarian, as evidenced by its Orwellian domestic-surveillance policies, its mass internment of Muslim Uighurs, and the cult of personality now developing around Chinese President Xi Jinping. Militarily, China increasingly dominates the South China Sea.
(Excerpt) Read more at theatlantic.com ...
No surprise that this leftist rag masquerading as an intellectual magazine is willing to favor any dictatorship so long as it acts against the interests of the USA.
This author is more of a liberal Jew then he purports. He worked at the NY Times, add he taught journalism at CUNY. He is BS.
Agree.
My wife still doesn’t know why I think Monty Python is funny......
I find it ironic that back when Python put that out, they were knocking our involvement in Vietnam.
And today, who is the one country that is literally begging us to defend them against the ChiComs?
We live in interesting times, that’s for sure.
“But if you go carrying pictures of Chairman Mao
You ain’t going to make it with anyone anyhow”
I guess The Atlantic forgot that line.
Regarding STEALING OF AMERICA’s INTELLECTUAL PROPERTY, Author defends China by this argument.
I discovered Monty Python in the late 1978-1979 while in graduate school. My apartment mates were like your wife. I would be rolling on the floor laughing practically incoherent, they would be looking around saying “ I don’t get it! Or how is that funny?”. Alas some people are born without a funny bone.
The federal government of the USA should do everything in it's power, INCLUDING PROTECTIVE TARIFFS, to stop the offshoring of industry outside of the USA. Alas, it does not. It allows corporations to offshore industry to China and elsewhere and re-import duty free just to sidestep having to pay Americans. This is a travesty and will have profound, very bad consequences. It already has.
Adam Smith never envisioned multi national corporations closing factories in England( applies to any industrialized country) and moving production to the third world to exploit cheap labor and then re importing the same product back into England duty free! Smith would have been hung for even suggesting that. That is not Free Trade. That is screw the worker trade.
Why should anyone?
win-win-win-win
So Atlantic now has gay dude Clinton supporter Democrat Beinart who has no grounding in either economics or trade writing “ponderous” economic articles from a partisan perspective. I would trust Beinart more on writing an article on the latest fashions.
they may possibly (not sure of this) not be cheating under the current (one-sided) trade rules
the problem is that we need better trade rules!
so the article is, for all its real and imagined erudition, irrelevant pap
Even the Russians are mad about the IP issues. Their defense industries got burned several times by the Chinese.
And we should restrict Chinese ownership of US companies to 49% or less, which is what they due to our companies over there.
I don’t know :)
Put in an even smaller nutshell:
China is worried about the middle-income trap. It needs to make the leap away from mere manufacturing into innovation. The way they are doing it is by stealing IP of other countries. But hey, everyone else is doing it, so it’s ok.
I believe our legislature and MSM have been bribed by the ChiComs. All the money that flows into congress originates in China. I can’t prove it. It is just a hunch. We live in opaque times. Don’t be afraid to speculate, the MSM is asleep at the switch and/or paid off.
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