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US, China Diving Into A New Cold War; Jack Ma Warns: “When Trade Stops, Sometimes War Starts”

One of the most significant themes heading into 2019, is the new US-China Cold War. Recent tit-for-tat exchanges on economic, political and strategic fronts threaten to escalate into a full-blown conflict between both superpowers.

As Washington squeezes Beijing economically through an escalating trade war, it simultaneously uses Freedom of navigation (FON) to sail its warships and or fly its nuclear-capable Boeing B-52 bombers dangerously close to Beijing’s militarized islands in the heavily disputed South China Sea. This high-stakes game of chicken is now spiraling out of control and could lead to a possible military conflict.

Last month, President Trump slapped Beijing with new tariffs on an additional $200 billion worth of Chinese products, adding to the $50 billion applied on Chinese imports earlier this year, said Asia Times.

Trump also threatened to slap tariffs on another $267 billion of Chinese imports if Beijing failed to address concerns over what his administration views China’s predatory and unfair trade practices.

China responded by applying retaliatory tariffs on $60 billion worth of American imports while suspending trade negotiations with Washington.

Asia Times said China “views its roiled relations with the US as an existential struggle, with the ongoing trade war seen as part of a broader containment strategy Washington is now intensifying through military means in the South China Sea.”

Alibaba founder Jack Ma recently warned that Trump’s trade war with China could lead to military conflict.

“When trade stops, sometimes the war starts. So trade is the way to stop wars,” Ma warned Tuesday during an opening panel discussion at the World Trade Organization Public Forum in Geneva. “Trade is the way to build up trust,” he continued. “Trade is not the weapon to fight against each other.”

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