China Seems Unstoppable. Trump Thinks Otherwise.
11Description
Over the past week, President Trump avoided a trade war with Canada and Mexico. But he escalated a trade war with China.
His reasoning? China has become more powerful in domestic manufacturing than the United States, Japan, Germany, South Korea and Britain combined.
Keith Bradsher, the Beijing bureau chief for The New York Times, explains why China’s dominance as a trading partner has become a threat to Trump’s agenda — and asks whether America will ever be able to catch up.
Guests: Keith Bradsher, the Beijing bureau chief for The New York Times.
Background reading:
- For China, President Trump’s moves bring pain, but also potential gains.
- China’s trade surplus has reached a record level: nearly $1 trillion.
For more information on today’s episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday.
Photo: Agence France-Presse — Getty Images
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United States
Some businessmen instead of keep the the earnings in US; send and invest this capital outside of US! THAT'S FRAUD THAT'S BETRAY TO US ! Flight of capital just to mate big your pockets!!!
Good analysis. I recommend President Donald Trump impose extra taxes to all those businessmen. Probably he Knows very well; because he worked with the. Because to have commercial relationships with China should be punished. At and Point in the time line. Since president Joe Biden arrived to the US Presidency and since the pandemic emergency; many companies closed.. but other ones remained opened. By different resons some of them cut off personnel. But another ones instead invested it's capital