America the Cowardly Bully-Krugman

[saidsimplesimon]

https://www.msn.com/en-us/news/opinion/america-the-cowardly-bully/ar-BBUnOWR

America the Cowardly Bully

By PAUL KRUGMAN 1 day ago

This is the way the trade war ends. Not with a bang but with empty bombast.

According to multiplenews organizations, the U.S. and China are close to a deal that would effectively end trade hostilities. Under the reported deal, America would remove most of the tariffs it imposed last year. China, for its part, would end its retaliatory tariffs, make some changes to its investment and competition policies and direct state enterprises to buy specified amounts of U.S. agricultural and energy products.

The Trump administration will, of course, trumpet the deal as a triumph. In reality, however, it’s much ado about nothing much.

As described, the deal would do little to address real complaints about Chinese policy, which mainly involve China’s systematic expropriation of intellectual property. Nor would it do much to address Donald Trump’s pet although misguided peeve, the imbalance in U.S.-China trade. Basically, Trump will have backed down.

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[2naSalit]

1. It was only about his business interests

and czarina's getting those trade registries for his human trafficking outlets in China. Now that they have been approved, things can go back to the way they were.