China has denied any suggestion it's in active negotiations with the administration of U.S. President Donald Trump over tariffs, saying any notion of progress in the matter is as groundless as “trying to catch the wind.”
But it is really a wise decision not taking countermeasures and sweet-talking to a bully once he slaps you? What do you think this attitude signals to the said bully?
I’m not 100% sure about the economics of tariffs, but my interpretation is that the US are shooting themselves in the foot more than us. And if we can project an image of a stable level-headed trading partner and create good trade relations with India, China and countries in Africa and South America that might be more valuable in the long run than our US trade relations.
Basically, if US wants to hamper their own economy, let them. Meanwhile we’ll be Open For Business™ and picking up all the good stuff they left behind.
But it is really a wise decision not taking countermeasures and sweet-talking to a bully once he slaps you? What do you think this attitude signals to the said bully?
I’m not 100% sure about the economics of tariffs, but my interpretation is that the US are shooting themselves in the foot more than us. And if we can project an image of a stable level-headed trading partner and create good trade relations with India, China and countries in Africa and South America that might be more valuable in the long run than our US trade relations.
Basically, if US wants to hamper their own economy, let them. Meanwhile we’ll be Open For Business™ and picking up all the good stuff they left behind.