Railpage

 

 
    • don_dunstan posted
    Posted in The Lounge » It's the economy, stupid!

    I wonder if we are going to have a Trump-induced trade war with China sooner than we think... the President-elect was on Fox News on the weekend explaining why he took the phone call from the Taiwanese President:

    “I mean, look,” he continued, “we’re being hurt very badly by China with devaluation; with taxing us heavy at the borders when we don’t tax them; with building a massive fortress in the middle of the South China Sea, which they shouldn’t be doing; and frankly, with not helping us at all with North Korea.”

    All of that is true of course, but I'm not sure that the newly-aggressive realpolitik stance is going to win him any friends in Beijing. And where will that leave us with our own foreign policy... somewhere in between the ANZUS treaty with several US-military installations on-shore on the one hand and our new-best-friends in the People's Republic on the other...? I think we're about to be wedged, good and proper.

    Edit history

    Edited 12 Dec 2016 13:30, 5 years ago, edited by don_dunstan

    I wonder if we are going to have a Trump-induced trade war with China sooner than we think... the President-elect was on Fox News on the weekend explaining why he took the phone call from the Taiwanese President:

    “I mean, look,” he continued, “we’re being hurt very badly by China with devaluation; with taxing us heavy at the borders when we don’t tax them; with building a massive fortress in the middle of the South China Sea, which they shouldn’t be doing; and frankly, with not helping us at all with North Korea.”

    All of that is true of course, but I'm not sure that the newly-aggressive realpolitik stance is going to win him any friends in Beijing. And where will that leave us with our own foreign policy... somewhere in between the ANZUS treaty with several US-military installations on-shore on the one hand and our new-best-friends in the People's Republic...? I think we're about to be wedged, good and proper.