If I am Trump, I put forward some hard hitting E.O's with teeth that protect the U.S economy from Chinas influence/pillaging. It would not only make it very politically difficult for the incoming administration to alter them, it would also surely get support from those loyal patriots (not the bad apples) with their asses on the line in this battle (FBI, CIA, NSA).
I'm not talking about a full withdrawal from China, the global supply chain doesn't move that fast. However, he should consider making tariffs difficult to lift and strong sanctions to particular companies (he has done some of this already against military-linked Chinese companies) and hold local businesses and individuals legally accountable for violating the sanctions.
Furthermore, if he or any of his family were to run again, the clear and obvious sweet spot of support would be for standing up for American Interests vs. China. He would definitely get some support from other vulnerable nations that are currently U.S allies, but might have to alter their course if America doesn't take the communist threat more seriously.
His tariffs on Chinese goods has failed. It did not create any significant number of American jobs, and China just shifted to selling to other markets.
Finally, he pissed off the Chinese enough that they launched a biological warfare attack (COVID-19) against us. China has been doing well in stopping COVID-19 (a bit too well) while Western civilization is collapsing.
I don't have any answers for dealing with China, but it's obvious that Trump's policies have been a monumental failure. Extending them would intensify the catastrophe.
Let's hope that when Biden takes office he can initiate some intelligent policies towards China.
I agree that his tariffs on China failed, but not for the reasons you stated. US imports from China continued unabated because Americans no longer have the manufacturing capacity to make these goods - all low end manufacturing having been outsourced to Asia. Imports from China continued to increase regardless of the tariffs, but exports to China dropped off a cliff, and they're not coming back any time soon.
Xi is using China's trade surplusses with the first world to fund infrastructure investment in Africa and South America - just as the USA did throughout the free world when it was running massive trade surplusses throughout the world. Using this investment to leverage strategic alliances throughout the world. Your own playbook is being used against you just as Trump withdraws from the world stage and cancels "foreign aid" under his "America First" strategy.
Xi ordered all imports of American soy beans to cease and all contracts cancelled. He then bought up all of the Mexican and South American soy beans he could lay hands on. Not only were these soy beans cheaper than American products, the farmers were extremely grateful for the opportunity. The current burning of the Amazon rainforest is a direct result of greater demand for land to produce crops for the Chinese market.
Donald Trump could have not possibly done more to further the interests of Xi and Putin and increase their power and influence throughout the world. I don't know what Joe Biden could possibly do that could help the Chinese more than what Donald Trump did with his stupid trade war. Instead of the USA being the Lead Partner in the TPP, China has that role.
Instead of Trump getting a better deal for American farmers, his policies have lead to the greatest number of farm bankruptcies in US history mostly of small, family owned farms, which are being bought up by farming corporations whose owners don't live on the land, and have no interests in good stewardship or sound sustainable, ecological practices, and preservingn the groundwater, but only in maximizing profits.
Furthermore, his interim deal with the Chinese requires the Chinese to get back to 2017 levels of soy bean imports by 2022. The American soy bean farmer will have endured 5 years of fiscal pain to get back to where they were when they started.
The idea that Covid19 was a biological attack by the Chinese is beyond ridiculous. They didn't do this to us, and the only first world country in danger of collapse, is the USA. The sickness, death and collapse of your economy didn't need to happen, just as the trade wars didn't have to destroy the American family farm.
The trade wars were stupid, and have increased your trade deficits by hundreds of billions of dollars.
You have repeated the fallacy that so many have, many on here from the U.S quite frankly, and only from time to time do I correct them. China is NOT a member of TPP.
As it were, the solution to Chinas influence isn't going to be (solely) foreign aid. There is no way any nation can keep up with foreign aid when China is gifted $500B a year in trade surplus.
The only solution is something akin to how Reagan dealt with Russia. It's going to be a tough task as China rapidly grabbed onto the abusing of Western economies and leaders. Buying them and selling them like cattle.
So, now, it's going to take a Herculean effort, in a hemisphere full of peopel who lack patriotism and for which police agencies (at least in Canada) care more about their own theft of taxpayers than principle.
It's come at a massive cost and will continue.
I checked and you're right. China is not part of the TPP. But neither is the USA. The rest of the TPP Nations have gone on without you, weakening US influence.
I find it laughable that Americans complain about Chinese trade mark abuses. Who gave them their proprietary information in the first place? American corporations. Given their history of lying cheating, and screwing the norms of modern life over, again and again, only the Russians have been less trustworthy than the Chinese, and only because the Russians have been at it longer.
Why do you suggest the TPP have gone on without you, when you know I'm Canadian?
The fact that you always try this lends credibility to my argument about Canada, it doesn't weaken it. Keep trying though, Canada will continue to slip steeply, thanks to the spineless covert police and their dumb offspring.
Canada is done like a juicy thanksgiving turkey. Now, USA may follow Canada footsteps because they choose "anyone but Trump" too.
Canada is hardly "done". Our economy has remained fairly stable throughout this mess. Our GDP will only slip about 3% this year, and next year is looking strong, as the vaccines come online.
You've got 7 million people sick and over 340,000 dead. Just the costs of testing and treatment, is draining your economy, and states lack the funds or the staff to distribute vaccines.
None of these things are factors for Canada, Asia or most of Europe.
I am sorry for not making myself clear. I mean Canada will have a hard time digging herself out of the "throwing $ at the coronvirus to see what sticks" hole. And, don't even mention vaccines and Canada in the same sentence :') I know the Canada coronavirus situation because I have been in lockdown mode on and off since March.
W.T.F.???? 340,000 dead. It was 290K before Dec, a 60000 jump in a month
I don't really think it will be that hard to dig ourselves out.
1. We gave no money to big corporations or big business, and gave the money directly to the people. Much cheaper. The Trump Administration gave billions to the hospitality industry - hotels, airlines, and the entertainment industry - all businesses which will be slow to recover, if they recover at all.
2. Our costs in testing and treating the virus are miniscule, in comparison with the costs of treating 20 million sick people. The USA has administered twice the number of tests per million of population as Canada. Tests cost money. So does collecting the samples, and processing the results. Our medical costs are much lower, and we're using the WHO tests, not a Disney Land of private lab tests which cost more.
3. We started buying PPE in January, and our stocks never got low. Even better, we never participated in any of the "bidding wars" for PPE that happened in the USA, so our costs were lower.
4. We have 15,000 cases per million of population, versus 60,000 cases per million in the USA. So our overall costs in treating the sick, are less than 1/4 that of the USA.
While it may seem like Canada has "thrown money" at the pandemic, we really haven't. In squashing transmission between waves, and in keeping transmission rates to 80th in the world, we have both saved lives, and saved our economy. Unlike the USA, which subsidized corporations, and left the people to starve, we subsidized the people, and said we'd deal with corporations later.
And we've already bought enough vaccine for the whole country. Investors around the world wanting access to the North American markets are looking more and more to Canada to make that investment for the following reasons:
1. Stable government which provides good governance to the nation. What happens to the USA if another "Trump" is elected in 4 years? Best not chance it.
2. Our population is better educated, and our public school system is one of the best in the world.
3. Universal government funded health care - a big deal for executive looking to transfer to the new North American facility. As is the education system.
4. NAFTA guarantees tariff free access to North American markets.
As the USA continues to be mired in political dysfunction, and failed Republican economic policies, investors will be less and less willing to bank on success in the USA. 3 economic crashes in 40 years doesn't inspire confidence in Republicans ability to govern the nation, while Canada is consistently at the top of the "best places to live in the world" rankings, with the fastest growing middle classs in the world.
Canada just looks better and better.
We have sustained less economic damage than most of the rest of the first world.
en.wikipedia.org
