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Friday, December 13, 2019

The actual goal of President Trump’s U.S-China trade reset is a complete decoupling of U.S. critical manufacturing within China

It's a feature, not a bug.
"President Trump does not express angst, frustration, or even disappointment over the U.S-China trade discussions because the decoupling is well underway."
From Sundance at CTH:
"Predictably there was going to come a moment when Chairman Xi realized the trade negotiations by his adversary, President Trump, were a hall of mirrors.  The U.S. President has played China by using their own panda-mask strategy against them.

President Trump achieved his goal when no-one was paying attention. The goal was a decoupling from China on economic terms.  Strategic decoupling has been underway for over a year.   There is no actual intent to reach a trade deal with China where the U.S. drops the tariffs and returns to holding hands with a happy panda playing by new rules. This fictional narrative is a figment of fantasy being sold by a financial media that cannot fathom a U.S. President would be so bold as to just walk away from China.

For almost three years U.S. President Trump has been working on two connected objectives: (1) removing the threat posed by North Korea by severing the ability of Beijing to use the proxy province as a weapon (Kim is hostage to China); and (2) deconstructing the growing economic influence of China.

Both issues are directly connected to U.S. national security; and both issues are being approached by President Trump through the use of economic leverage to achieve national security results."

H/t: Maggie's Farm