Instead of imposing additional tariffs, which will hurt the Chinese and U.S. economies, the U.S. should have its own research and development strategy, says Richard Vague, author of The Next Economic Disaster
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US Trade war strategy on China is no brainer and is child play. Commoners will suffer.
US lead? In trash production, yes. Anything else, not so much.
America Dream is NOW
America First.
Sorry Mate,
NOT AMERICANS FIRST.
China Dream is
人类共åŒä½“。
If You Understand.
Insects and Bugs are First invented by America.
So don't thrust any Mosquitos or Bees.
America have been collecting Data since Telephone was invented.
America the Robber shouting at the thief China.
They eardrops CIA/FBI, Friends,Allies……Even the President.Haha.
Sold F35/ Missiles sent Data back to America.
China have Urgur Camp, Reeducation to be sent back and contribute to society.
America have Joint Camp for Life.
this channel is financed by China,do you know that?
The USA is on a downfall as the Destiny of any overweight, dull and corrupted Nation should be.
This Richard Vogue guy is dangerous. Fascist!!
I 100% blame US corporate leaders. They knew they were transferring technology US taxpayers funded, and didn't care, because they cared only about lining their own pockets. Now they refuse to pay the taxes that fund the research, and hide profits in tax havens. Even given the Chinese theft of IP, the overwhelming fault is with our own greedheads.
Given America's track record, why would anyone want it to keep its "edge" in anything?
China will win the trade war because USA sealed our fate during the Clinton administration. Our entire manufacturing base is depleted, because we don’t make products from scratch anymore. Parts are shipped to use (mostly from China , or by their entities) and we assemble them here. Meaning, we still have to buy the parts for a large percentage of materials we then produce. That being said, we have to find supply chains that aren’t effected by China. Unfortunately, since China has begun their “ Silk Road†re-enactment we may discover that it will be difficult to procure alternatives (i.e. Vietnam, Malaysia, etc.) Additionally, China has an infrastructure that supports the mass production of products that doesn’t exist in any of the for mentioned alternative nations. Therefore, we will be forced to pay 25% tariffs possibly for everything that comes from China, for the foreseeable future. Hopefully cooler heads prevail, but the party might just be over. Welcome to the 21st century.
And how is the household dept in the US?
Both guys have no clue what they are talking about. Chinese income per capita stands at #73 although it has big potential with its huge population and good infrastructure. They are trying to increase their home consumption but they can only get that far. On the other hand, both Europe and US need new markets. US having a trade war with China is a lose lose situation.
The problem with.US is they are so focussed on others wanting to forge ahead and is not able to focus on themselves to do well. Tell me which country does not want to be an economic power house?
China is going gang busters with Patents…..the US is floundering.
God forbid we actually produce anything within the United States.
Lot of money in weapons research we want more advanced weapons!
I read a great deal of international business and economics news, and that analysis by Richard Vague was very good. His point about R&D has been an issue of mine for decades. We used to really emphasize it. We used to give major tax breaks exactly for it. Ever since we stopped, we've been sliding down.
Lets me honest, tariffs hurt Americans whom pay the additonal tax. Trump needs to learn econ 101.
These old heads want pocket everything that exists in this country.
Research is paid for through tax dollars and politicians allows them monopoly advance.
Like they are going to wait for our technology to catch up.
We get fake 5gE 🤔