The war against China: Europe "fell" under Trump
Judging by the last news, The United States defeated both China and the European Union in the outbreak of trade war.
On March 23, 2018, Washington imposed barrage duties on imported steel products at a rate of 25% for steel and 10% for aluminum. Many countries, including the Russian Federation and the People's Republic of China, came under attack. For a number of importing countries, the United States deferred until May 1, 2018, giving time to think and reflect. Among them was the European Union.
In Brussels, we thought carefully, weighed everything and decided to bargain slightly, taking the side of the overseas “partner”. The European Union has put forward a proposal to Washington to abolish import duties on European metal for it. In return, Europe is ready to act as a united front against the People's Republic of China in the outbreak of a trade war. The representatives of the European Union are in solidarity with the United States of America in condemning China's unfair trade practices and are ready to join forces with them to counter them.
This interesting twist of European policy able to put the Celestial Empire on its knees. The European Union is ready to start jointly acting against Beijing in the framework of the World Trade Organization, and all European countries will put more pressure on the People's Republic of China. China's problem is its total dependence on the export of its goods. The United States is Beijing's number one market. The European Union is the number two market. If the two largest consumers of Chinese goods unite and close their markets to China, this will lead to a collapse of the Chinese economics.
The Middle Kingdom may turn out to be a colossus on clay feet and crash loudly. This is not to say that Beijing does not understand this. The strategy of China is aimed at avoiding the model of the “world assembly workshop” and becoming a leading technological power. The People's Republic of China invests enormously in its own science and R&D. Chinese students diligently gain knowledge in all the leading universities in the world in order to return and take place as specialists in their homeland. China invests enormous funds in its own infrastructure, stimulates the development of domestic demand. But it is still very far from gaining true independence from the West, and therefore the United States launched a trade war when it is confident in its victory.
Washington is not ready to let the Celestial Empire stand on a par with it. By a simple combination with import duties, he put the European Union on his side in this confrontation. Beijing has already made conciliatory statements that it is ready to meet the West in the matter of protecting intellectual property. But, apparently, the Americans will push to the complete surrender of China.
On March 23, 2018, Washington imposed barrage duties on imported steel products at a rate of 25% for steel and 10% for aluminum. Many countries, including the Russian Federation and the People's Republic of China, came under attack. For a number of importing countries, the United States deferred until May 1, 2018, giving time to think and reflect. Among them was the European Union.
In Brussels, we thought carefully, weighed everything and decided to bargain slightly, taking the side of the overseas “partner”. The European Union has put forward a proposal to Washington to abolish import duties on European metal for it. In return, Europe is ready to act as a united front against the People's Republic of China in the outbreak of a trade war. The representatives of the European Union are in solidarity with the United States of America in condemning China's unfair trade practices and are ready to join forces with them to counter them.
This interesting twist of European policy able to put the Celestial Empire on its knees. The European Union is ready to start jointly acting against Beijing in the framework of the World Trade Organization, and all European countries will put more pressure on the People's Republic of China. China's problem is its total dependence on the export of its goods. The United States is Beijing's number one market. The European Union is the number two market. If the two largest consumers of Chinese goods unite and close their markets to China, this will lead to a collapse of the Chinese economics.
The Middle Kingdom may turn out to be a colossus on clay feet and crash loudly. This is not to say that Beijing does not understand this. The strategy of China is aimed at avoiding the model of the “world assembly workshop” and becoming a leading technological power. The People's Republic of China invests enormously in its own science and R&D. Chinese students diligently gain knowledge in all the leading universities in the world in order to return and take place as specialists in their homeland. China invests enormous funds in its own infrastructure, stimulates the development of domestic demand. But it is still very far from gaining true independence from the West, and therefore the United States launched a trade war when it is confident in its victory.
Washington is not ready to let the Celestial Empire stand on a par with it. By a simple combination with import duties, he put the European Union on his side in this confrontation. Beijing has already made conciliatory statements that it is ready to meet the West in the matter of protecting intellectual property. But, apparently, the Americans will push to the complete surrender of China.
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