As stock markets around the world are reeling from contradictory Trump administration signals regarding US policy towards China, we look at: Who benefits? And: What would a better trade policy towards China look like? CEPR’s Mark Weisbrot and PERI’s Gerald Epstein discuss the issue
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Strange how CNN or any other "liberal" news networks actually talk in depth about the Chinese trade war. Only Russia, Russia or Russia.
There was no problem for the US when they were an exporting country. Others were under obligation to tolerate. Now it's the reverse situation and all of a sudden it's no longer acceptable. If you believe in capitalism as a system you should let the market play this out.
Anyways, it's too late, the capitalists in the US will not change this because they profit from this and worst case scenario they will move to China and live there.
That is the worldlview of US corporations: the Chinese don't want meat with antibiotics for sound health reasons but for the corporations that is norhing but a trade barrier.
Bring Bernanke Back.
The alleged "arrest" of Ms. Meng is the the latest example of thw U.S. and other western world countries who are kissing up to the U.S. are conspiring to suppress and contain China from becoming the world's largest and the strongest economic superpower. The right wing conservatives in the U.S. are praising this incident and are spreading xenophobic trolling throughout social media sites, especially on Twitter. Even online gamers from the U.S. who are posting their gaming videos on YouTube are bashing China through their comments and harassing China sympathizers.
Even you guys have this all wrong… wow. Its not the trade war that is taking down world markets right now. Its the stock buybacks and the stocks they bought with them that is doing this. Insiders got spooked and started selling off in October. Now the market is catching up, and everyone else is loosing the money gained while they consolidate it. Stock buy backs should be illegal.
Blames America for the stock market falls!!!!!!!
Dollar will be new ruble soon. Trump is a con man but hurts economy – he doesn't care about anything but himself, personal $$$ He is consistent – bankruptcy once more but this time it's our country.
Only the working class can fairly negotiate foreign trade,
for only they will demand an equal and living wage for all.
Given mountains of evidence, trade wars always effect the poorest in the worst ways .. these two nations both are feudal in 'nature' – where a few people control a vast majority of people and resources … No one really benefits except a bunch of power hogs.
More stupidity from a libtard. Forcing China to remove import restrictions is NOT for only the rich.
What AIPAC wants ?? US getting shafted again.
What ever happened to "The Art of the Deal"? I never read it but considering Trumps personal military record I would think it does not include tariffs, sanctions and regime changes.
China and the US are both evil
The $110 billion tariff on China's export to USA will be paid by the Americans, but tariff slapped on US goods import into China will not be shared by the Chinese. Soon it will bite the American consumers.
very good segment and mark hit the nail
jewish now has tough competition who is chinese
average chinese family has $$ in the bank.
The Anglo-Zio oligarchy that rules the US doesnt want those yellow people to get any stronger. It comes down to race and power. The hubris of this oligarchy is over the top with the arrest of a Chinese woman in a third country for not obeying the absurd US sanctions on Iran…while Israel builds its nuclear weapons stockpile. No words can adequately describe this madness.
The fluoride is working well. Neither speaker could make short, clear concise sentences to describe an issue and posit a well thought out criticism. That was a complete waste of time. I could have had that conversation, in any bar, in any State.
China and Russia are smart enough to know never allow United States corporations to have free range of their Markets. otherwise they could end up like Latin America and Africa
Time for China to sell their ¤1 Trillion in US Treasury Bonds. Money is the only language the US understand. Why do China fund the US bully, regime change, and war machine?
China arrest Mark Zukenburg and Jeff Bezos!
Where is Aaron Maté ?
America is a NET IMPORTER. …we used to be an exporter. ….
But after the War….WWII we have decided to become monetarist and Neo Liberal and full Capitalism take over..
We don't care or want to care about the public purpose. ….which is the PEOPLE
By the way. …Milton Friedman IS a fraud
The "deficit " is merely all the dollars spent into the public purpose
The "Debt" is merely all the dollars not yet taxed out…..which is the savings account the investments the change in your pocket.
You want a balanced budget? ???
Say goodbye to you're extra spending money in all of those things listed above. …..MORONS
Corporation's shouldn't be the ones in control of the PEOPLE'S Government
Do we forgot our Constitution and bill of rights?
Who's in charge of government?
The PEOPLE
The trade deficit is about "natural resources "……the US wants to raid other Countries of their "natural resources "……we could use our "natural resources "….like wind , air ,water… .but we want to RAPE the EARTH by using other countries resources to gain OUR POWER over the earth….
#12years
Each of these countries are monetarily sovereign. ….
It's the Neo Liberal and corporate globalization that has RUN A Muck
The people from ALL SOVEREIGN NATIONS need to understand that there is no "free market " but their governments are monetarily sovereign.
The people's needs can always be met…..if the monetarist and Neo liberals stay out of it.
Wallstreet is a rich man's casino. …and they play with the simple people's retirement and investments
It is FRAUD
The US dollar has the world reserve currency. When the US uses sanctions against one, two or three nations they are using a currency that the world relies on as a weapon. Doing this will cause countries to look for alternatives and these alternatives will destroy the Dollar. The global military presence is based on the fact that the US can print as many dollars as it wants..