You are here
Ambrose Evans-Pritchard: Trump's power struggle with China isn't about trade
By Ambrose Evans-Pritchard
The Telegraph, London
via Gulf News, Dubai
Friday, April 6, 2018
U.S. Dresident Donald Trump's declaration of tariff warfare against China has little to do with trade. It is about raw power, a struggle over which of the two sparring hegemons will dominate technology and run the world in the 21st century.
The pretense of cordial coexistence has all but ended in the Hobbesian era of Trumpism. The latest U.S. national security strategy report for the first time names China as a strategic rival that seeks to "challenge American power, influence, and interests, attempting to erode American security and prosperity." It is the poisonous-diplomatic context that makes this week's trade skirmish so dangerous. ...
... Dispatch continues below ...
Buy, Sell, or Store Precious Metals with Money Metals
Money Metals Exchange, a national bullion dealer recently voted "Best in the USA" by a worldwide ratings group --
-- is a great low-cost source for precious metals coins, rounds, and bars. Money Metals also pays handsomely when you wish to sell your precious metals.
Shop online with Money Metals Exchange here --
-- or by calling 1-800-800-1865.
Meanwhile, the Money Metals Depository --
A Wall Street crash is perhaps the only deterrent that Trump really fears as the mid-term elections approach and Democrats threaten to gain control of impeachment powers on Capitol Hill. China could -- if it chose -- trigger this with large sales of its $1.2 trillion holding of U.S. Treasuries. Yet it is a perilous game for China as well. ...
... For the remainder of the commentary:
Help keep GATA going
GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:
To contribute to GATA, please visit: