{"id":35724,"date":"2018-07-04T06:16:05","date_gmt":"2018-07-04T11:16:05","guid":{"rendered":"http:\/\/olduvai.ca\/?p=35724"},"modified":"2018-07-04T06:20:25","modified_gmt":"2018-07-04T11:20:25","slug":"us-vs-china-is-it-art-of-the-deal-or-economic-warfare","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=35724","title":{"rendered":"US vs. China&#8211;Is it &#8216;Art of the Deal&#8217; or Economic Warfare?"},"content":{"rendered":"<div id=\"cb-featured-image\" class=\"cb-fis cb-fis-fs cb-fis-big cb-fis-block-parallax clearfix\">\n<div class=\"cb-entry-header hentry cb-meta clearfix\">\n<h3 class=\"entry-title cb-entry-title entry-title cb-title\"><a href=\"https:\/\/grizzle.com\/economic-warfare-us-china\/\">US VS CHINA \u2013 IS IT \u2018ART OF THE DEAL\u2019 OR ECONOMIC WARFARE?<\/a><\/h3>\n<\/div>\n<\/div>\n<div id=\"cb-parallax-bg\">\n<div id=\"cb-par-wrap\"><img decoding=\"async\" class=\"cb-image\" src=\"https:\/\/grizzle.com\/wp-content\/uploads\/2018\/06\/us-vs-china-economic-warfare.jpg\" alt=\"\" \/><\/div>\n<\/div>\n<div class=\"cb-post-wrap cb-wrap-pad wrap clearfix cb-sidebar-none cb-sidebar-none-narrow cb-embed-fs\">\n<div class=\"cb-main clearfix\">\n<article id=\"post-6996\" class=\"clearfix post-6996 post type-post status-publish format-standard has-post-thumbnail category-global-strategy tag-china tag-north-korea tag-tariffs tag-trade tag-trade-deficit tag-trade-war tag-united-states\">\n<section class=\"cb-entry-content clearfix\">If monetary tightening remains the main risk for global stock markets, the threat of a trade war continues to dominate the headlines.<strong>THE DONALD\u2019S DEALMAKING<\/strong><\/p>\n<div class=\"su-pullquote su-pullquote-align-right font-size:12px\">Some of those in Washington pushing this policy view China as some kind of strategic rival for global leadership. For such people this is about far more than just tariffs.<\/div>\n<p>The question raised by Donald Trump\u2019s trade agenda with China remains, in essence, extremely simple. It is whether The Donald is engaged in a typical \u2018Art of the Deal\u2019 negotiation, where he can suddenly turn on a dime and declare a \u2018win\u2019, or whether he is really seriously trying to stop <a href=\"https:\/\/grizzle.com\/the-great-china-deleverage\">China<\/a>upgrading its economy by targeting \u2018Made in China 2025\u2019.<\/p>\n<p>Such a stance would amount to an act of economic warfare. On this point, it should be understood that some of those in Washington pushing this policy view of China as some kind of strategic rival for global leadership. For such people this is about far more than just tariffs.<\/p>\n<p>The markets had been assuming that the American president would not take this too far. But, as discussed here before, concerns have grown as it has increasingly looked like Trump is supporting Robert Lighthizer\u2019s (US Trade Representative) and Peter Navarro\u2019s (White House Economic Adviser) agenda.<\/p>\n<p><strong>HOW LIKELY IS ECONOMIC WARFARE?<\/strong><\/p>\n<p>On July 6, first the US and then Chinese 25% tariffs on US$34 billion worth of goods are due to go into effect. If bilateral negotiations do not resume before that date, then the chances of the US and China entering a so-called <a href=\"https:\/\/grizzle.com\/trump-trade-war\">trade war<\/a> grow significantly.<\/p>\n<p>\u2026click on the above link to read the rest of the article\u2026<\/p>\n<\/section>\n<\/article>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>US VS CHINA \u2013 IS IT \u2018ART OF THE DEAL\u2019 OR ECONOMIC WARFARE? If monetary tightening remains the main risk for global stock markets, the threat of a trade war continues to dominate the headlines.THE DONALD\u2019S DEALMAKING Some of those in Washington pushing this policy view China as some kind of strategic rival for global [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2,5],"tags":[20769,130,18209,7844,3712,18208,4084,827],"class_list":["post-35724","post","type-post","status-publish","format-standard","hentry","category-economics","category-geopolitics","tag-art-of-the-deal","tag-china","tag-christopher-wood","tag-donald-trump","tag-economic-warfare","tag-grizzle","tag-monetary-tightening","tag-united-states"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/35724","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=35724"}],"version-history":[{"count":2,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/35724\/revisions"}],"predecessor-version":[{"id":35726,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/35724\/revisions\/35726"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=35724"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=35724"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=35724"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}