Kyle Chan recently made this claim on his post blog:
There is no such thing as an escalation advantage. Trump believes that the US wins on trade war scholarships will sell China to more US than its other ways. The harsh escalation at Tarifs means that the US will always spend more channy goods on duty than the other way around. Adam Posen, you recently argued, was actually China who has a Chinese scholarship “Nuclear Deterrent Climbing Concept.” However, the reality is that neither side has escalation control as both sides already go far beyond trade measures. . . .
The US and China believe they have Skylation’s control, and that’s what makes the problem. US Treasury Secretary Scott Becent said on CNBC that China made a “big mistake” in retaliating against Trump’s tariff Bakse China. China’s Commerce Ministry said China will “fight until the end.” There are already signs that Trump is retreating, but what each side feels and feels is trying to burn a downward spiral of at least the project’s sole recklessness and emotionally driven bravery.
I mainly agree with those points but would like to add some other. In China, the people began to gather around the flag. This is Bloomberg:
Financial investors, manufacturers from China’s East Coast region, policy makers from various sectors, and even the elite Fashin, who was defeated by Xi’s Power Glove, are gathering behind him. Even regular critics and entrepreneurs who have been plagued by his policies in recent years hope that he will stand firm in the face of a backlog of economic attacks. . . .
“After months of flattering, I have said that I never knew people were so unhappy – along with xi, I am worried about the future,” said the Chinese toy and textile manufacturers that long the factors of Guangdon, India and Southeast Asia.
“It’s all changed now,” the person said. “People are still really worried about their work and their income – they’re keeping their spending down – but now the enemy is the United States. They should blame them for being wrong in their everyday lives.”
In contrast, American public opinion is sharply divided. President Trump is rapidly losing support, particularly on issues related to the economy and tariffs.
Moreover, Chinese citizens are far more used to embracing economic pain than American consumers who need experienced events such as the Cultural Revolution. Certainly, the ability to “eat bitterness” is a central aspect of Chany culture, not a prominent aspet in Agelan culture. Here’s an overview of AI:
The Chinese idiom “eating bitter taste” (stuttering, chīkǔ) often describes difficulties and adversity without complaints, in order to pursue greater goals and personal growth. It means a stoic and patient attitude towards difficult situations where your ability to support emotions and toned pain is valued.
So how did the administration become so easy? Perhaps they relied on flawed economic models. Economists understand that the greatest profit from international trade goes to the country that imports the goods. However, most average people believe that exporters are the ones who get the most out of trade. Those who have that view may mistakenly assume that our training partner has weak hands. Based on their public comments, Trump administration officials like Scott Beschent seem to be suffering from this misunderstanding.
I would predict that the next few mounts will generate aleaseant wake-up calls. Of course, I don’t know if this will happen. But the problem with aone that I have an almost metaphysical certificate that I have absolute confidence in my predictions. If there is a trade contract with China, the administration declares it a “winner” for the United States.
The term “scalaration dominance” was born during the Cold War with the Soviet Union.
