An unwinnable conflict? The US-China trade war, 5 years on

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Five years since the start of the trade war between the United States and China, the conflict shows no signs of being anywhere near ending. After tariffs worth hundreds of billions of US dollars were imposed, it is also questionable whether either country has moved any closer to “winning”. The Post spoke with political and trade experts about an economic dispute that has had a profound global impact on the world and continues to reshape economies around the world.

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[jamesharrison]

With markets tumbling, inflation soaring, the Fed imposing large interest-rate hike, while treasury yields are rising rapidly—which means more red ink for portfolios this quarter. How can I profit from the current volatile market, I'm still at a crossroads deciding if to liquidate my $125k bond/stocck portfolio

[seabee]

We are all going to get to want things to get back to normal soon. We need a breakthrough

[NeMayful]

But those money were this the whole point of the system? Talking about the trade deficit.

[passby]

China now have majority the global new oil supply, aka batteries, rare earth materials, PV and Wind turbines. With global warming worsening by the day, it is now harder than ever to decouple from China. The majority of the world would now be much easier to decouple from US than China.

[BoringDad]

Labor cost dictates all. Once China's wealth rise to a certain point, their goods will be to high to buy. Production will move to other parts of the world, not the US.

[stephenyang]

Trade deficit in itself may not be bad, it only means one country is better at producing goods than the other. Bozzo Trump's tariff is a political more to appease blue color voters that actually raise cost of living expenses on them.

[courtly]

The free market is efficient in eliminating inefficient firms, if the USA can’t follow their own philosophy, then I wouldn’t expect anything from USA

[andrewleblanc]

As long as china raise the price on are country the more we should do the same till they stop trying to mess with use and lie

[sunshinesun]

ina is MOVING to a "Consumer" base economy. That is CHINA produces and Consumes wht Chna Manufacture. Thus not relay on EXPORTS as it MAIN driver for Growth. Once the Economy has balance itself to Consumer Base ...China can increase PRICES and reduces Competition among its own Manufacturers. Will it happend ???

[feizai]

The US’s definition for Fairness is The US takes advantage.

[blucorona]

When US is producing expensive goods and no one wants to buy, they say its not fair. What's the logic?

[Yan-Yuan]

Dealing with the former Soviet Union was easy for the US, it's just a military superpower that's all. Dealing with the Japanese was even easier, they're just an economic challenge. Dealing with the PRC however, is kinda tough. It's a military power plus an economic challenge plus a technological rival plus a diplomatic adversary (just look at the BRI) and worse of all, you can only destroy China at the expense of destroying yourself first tenfold. MAD - Mutually Assured Destruction sort of thing you see, which kept the Cold War from getting hot

[craig]

China has transformed from manufacturing and assembly to exporting machinery and raw material for other developing countries to do the final stage of manufacturing and assembly since those countries (Thailand, Vietnam, Laos, and even India) lack raw materials and machinery to produce. So yes, you will see fewer and fewer Made In China products in the US shops, but the Chinese production power is behind the shadow of every product you buy from those shops.

[Yan-Yuan]

Trying to stop 1.4 billion people from moving forward is like trying to stop a tsunami, in the law of physics, it's simply called: harakiri

[bfc]

The short-sightedness of the United States will eventually bite itself back. This is the expression of the final stage of imperial hegemony.

[subipan]

US: Refuses to sell what China wants to buy - high tech equipments and chips.
Also US: Complains about trade deficit. 🙄🙄

[alecwk]

A hegemon trying to squash a rising power at all costs

[yehuo]

this is what happens when you have someone running the country that almost bankrupt most of his business, if he wasnt born with a silver spoon, he probably cannot even get a college degree, but since he came from a rich family, he probably just bought his degree!

[opiniononly]

Have the US ever considered that the goods imported from China were mostly manufactured by US companies doing business in China?

[lvjinbin]

USA: trade war is easy to win.
China: yes.