As a result of that, they got into some really successful negotiations with a lot of countries in Asia, Africa, Europe and America. I think they want to keep the subject on the news for as long as possible.
And then I imagine they'll probably silently drop the tariffs, because those are harmful for them.
The horrifying thing is that they don't have to. They hold all the cards now. They can drop their new trade barriers at will. Maybe they'll ask for concessions. Maybe they'll leave them in place to kill off troublesome competitors. Maybe they'll coerce the affected companies into selling to Chinese-owned interests at a steep discount. Maybe they'll just take a bunch of bribes.
This is how a trade war looks. And we're losing. Badly.
What do you mean "now?" With the amount of trade imbalance they had the ability to simply block exports at any time. It perhaps only works once but it's a very powerful lever.
marcosdumay|10 months ago
And then I imagine they'll probably silently drop the tariffs, because those are harmful for them.
ajross|10 months ago
This is how a trade war looks. And we're losing. Badly.
foobarian|10 months ago
What do you mean "now?" With the amount of trade imbalance they had the ability to simply block exports at any time. It perhaps only works once but it's a very powerful lever.
seanmcdirmid|10 months ago
est|10 months ago