Possible trade war berween USA and PRC

[Quentin111]

25 years after the end of the cold war between the USSR and the USA, in the arena, a new superpower: people's Republic of China. In the 90-ies of the Brzezinski book "the Grand chessboard" called China "is not a world power, and regional". But everything has changed. China because its economic development is beginning to assert their rights in the world. The upshot was that the United States has invited the Chinese leadership "to jointly rule the world." What the Chinese objected that "the world should be multipolar" and "no section of the world is not going to happen." Today the reality is. The U.S., seeking to limit the growing economic influence of China in the world, has created the TRANS-Pacific partnership (TPP) and the transatlantic trade and investment partnership (TTIP), which, of course, don't includes China. In response, China has established with the countries of the Asia-Pacific region a Comprehensive regional economic partnership. It is likely that in the modern world will increase the competition for influence in the world between the US and China. What can this end? Who wins in a trade war: the US or China? Or they can agree and be equal to each other hegemonic in the world?

 

[IsaacNewton]

The US is 25% of the world market for goods and our military dwarfs the next 10 countries in line by huge margins and with far better technology. China may be a force to recon with in 50 years if their economy were to continue to grow but it is already showing signs of slowdown and it's people are clamoring for better wages and treatement, just as people have in every developing country since time began.

Go to any company in the world and tell them 'you are going to lose 25% of your sales next week'. See how they react.

 

[Bleipriester]

China has all trumps. Not only is the West dependent on China´s goods and loans, but also does China own all know-how ever acquired by the foreign companies that produce in China. That means that a single power has all knowledge of the Western world at its proposal.The only western countries with a China trade surplus are Germany and Japan while America does hardly export anything to China.

 

[Quentin111]

Apropose. President Vladimir Putin said it makes sense to form a broader Eurasian partnership on the basis of the Eurasian Economic Union (EAEU) that would involve China, India, Pakistan, Iran and a number of CIS countries. https://rbth.com/news/2016/06/17/putin-proposes-formation-of-a-great-eurasian-partnership_603985

 

[Unkotare]

China is not yet a superpower.

 

[Quentin111]

China is not yet a superpower.

In List of countries by GDP (PPP)(List of countries by GDP (PPP) - Wikipedia, the free encyclopedia) China takes the first place.

 

[Quentin111]

Doug Saunders. Thanks to Trump, China is poised to dominat.

 

[Unkotare]

Say what now?

 

[esthermoon]

Nobody needs a trade war between USA and China
It could be uneconomical for both of them.
I think they could sign a satisfying agreement for both sides

 

[TheOldSchool]

Who wins in a trade war: the US or China?

The U.S. but at a great cost. Trump will profit bigly. The peasants not so much.

 

[Quentin111]

Trump promised to declare China a manipulator and to impose Chinese goods protective duties.

 

[Unkotare]

Trump promised to declare China a manipulator and to impose Chinese goods protective duties.

Unlikely

 

[Quentin111]

Why America Would Lose a Trade War With China.

 

[Manonthestreet]

Judging by Chinese panic I think they know who would lose.

 

[Quentin111]

Trump has signed a decree on the withdrawal of the U.S. from the TRANS-Pacific partnership.