alt Hacker NewsWell the result of China's 5d chess has been to install a leader in the US that is likely to escalate a trade war with china when with an impending demographic crisis they most need someone to stop the trade war. Sheer genius!
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The world will be looking to China as a stable partner while the US voluntarily dismantles its economy and very possibly its political system.
So yeah, the US absolutely got outplayed here.
Ah yes, Trump famously hates china,
How well did that trade war go last time he was in office? Trick question, farmers got fucked, and rational minds agree that the US lost.
>Initiating steel and aluminium tariff actions in March 2018, Trump said "trade wars are good, and easy to win,"[54] but as the conflict continued to escalate through August 2019, Trump stated, "I never said China was going to be easy."
It doesn't matter what you claim to want to do or who you claim to "hate" if your sheer incompetence prevents you from accomplishing your desire.
Maybe putting a serial business failure in charge of a trade war isn't very effective?
Biden didn't get rid of them, because it's basically impossible to unwind a trade war, and then put some more limitations on solar panels. I don't think there is a clear answer yet on Biden's addition to the trade war. Probably will be "meh".
A trade war between the US and China is almost always going to be extremely negative sum. Both of our countries rely on each other for prosperity and nice shit.
The problem with dictators of all kinds is that their personal concerns (say, appearing before the local populace as "the one who re-unified China") can and will trump over what makes sense for the country long-term.
Of course that can and does also happen in democracies, but at least most reasonable democracies have some sort of "checks and balances" that at least prevents open war from breaking out.