US started a tough war with China: why can it lead to economic collapse in the world
On May 14, 2024, the US Government reported: "In response to the unfair trade practice of China and to counteract the damage caused today, President Biden instructs his trading representative to raise tariffs in accordance with section 301 to protect American workers and business. " New import duties: Baiden administration's decision is not the beginning, but the continuation of the Trade War, its hot phase.
It can be transformed into another round of economic confrontation between the US and China, and can provoke China's asymmetric measures. Baiden's decisions will worsen the already fragile position of the Chinese economy. For the first time in over 30 years, it can enter the protracted area of low growth or recession, bankruptcy and unemployment in urban centers.
To control the situation, the distraction of hundreds of millions of Chinese from a whole ball of deep structural, systemic problems, Communist Party can resort to all kinds of performances, including military interventions. The architecture of international trade, which was created around the World Trade Organization, died. Finally and irrevocably. The main economic unions, countries and associations have intensified powerful arsenals of tariff and non -tariff restrictions.
The EU, China are three main centers of trade, technological, financial confrontation. There is also Japan and the United Kingdom, India and Canada, Brazil and Arab countries. Not only sparks between them, but thunders and explodes. It should be noted that in this situation, the US and the EU are not allies and partners, but competitors who very often conflict with each other. On the one hand, the European Union, on the other, is evidenced by the fact that there is still no free trade agreement.
Not around the mountains of the 70th anniversary of the integration European project, and during this time Washington and Brussels have not found an opportunity to agree on free trade among themselves, being the largest trade, investment partners of each other. The deplorable fate of the Transatlantic Trade and Investment Partnership (TTIP). It is already discussed with a variable success of ~ 30 years. Neither the end nor the region seems to have one value and freedom, and Freedom.
There is an obvious axis of totalitarian, Nazi evil. Above all. In this organization, China was taken into account. For their commercial favorites, who execute the Communist Party, ordered to study, copy, produce as in the West, but cheaper and faster. When China drove low -quality width, the US/EU looked at it condescending.
When the Chinese, having prepared their management, engineering, technological, financial capital, lured the largest Western TNCs to themselves, began to compete with quality, and then brands, technologies, with the maintenance of competitive price, Western polysimayers were clearly bored and frozen. In 1998, China's economy first exceeded one trillion of dollars. At that time, the US GDP was over $ 9 trillion, Britain - more than $ 1.
6 trillion, Japan - more than $ 4 trillion, Germany - more than $ 2. 2 trillion, and EU GDP was almost $ 8 trillion. Then, against the backdrop of the Asian crisis, instead of agreeing, the EU/US/G7 bought the favorable production and trade offers of Chinese communists.
Listening to various Kissenagers and other supporters of appeaseasement policy (pacification) of trade and investment dictators, the event on their own, trade networks, technologies, loans and brains became involved in the creation of a Chinese economic miracle.
Taxes, regulatory madness, all sorts of business coercive instruments to the agenda of sustainable development, the culture of cancellation/WOKE and Dei, ESG and Green, the Green, the Stakesholder economy, US/EU/G7 governments pushed business in China's arms. The Chinese studied carefully at the best American universities, trained in corporations and Forbes-500, and have taken over the experience of development agencies in Asia and Africa.
Having felt dizziness from successes in the seams that were free market areas, China's Communist Party decided to accelerate economic growth by state means and tools.
All available techniques of state interventionism have gone: subsidies and preferential loans, supporting exporters with course policy, favorable preferential regimes, complete protection of nomenclature favorites from inspections and internal bodies, powerful obstacles in the domestic market for competitors of domestic producers and more.
Particularly close to the authorities of the authorities commercial organizations have accessed intellectual property, which Chinese special network organizations have spacked in the West. Americans estimate the volume of ~ $ 600 billion stolen for more than 20 years American and European polysimakers have been in a state of "war-more-more-not-no-burd Evil can negotiate "and simple" guys, let's live together.
" They missed more than two decades when they themselves fed the Chinese dragon and the Rashist imperial monster. They have completely failed the process of integration of the Western countries, turning their economies into states of general interventionism. The glamorous, glossy, to nausea, political, pre-prominent are regulated with a pronounced culture of delay, freebie and gender-ecological ecological. There is no light, painless, simple, simple conflict resolution.
China and its axis of evil with pragmatic, partners around the world, have large resources, including natural fossils that are very needed for production. The escalation of the trade war is a blow throughout the world economy with unpredictable consequences and flocks of black swans. In order to minimize the cost of conflict over the US/EU/G7-China, America and Europe, they must, in the end, negotiate with each other.
Creating a full-fledged free trade area between the EU-27, USA, Britain and other G-7 participants is the beginning of the restoration of the authority and strength of the West in the world economy. The only platform for such an association can only be a free market. Without the madness of the European "green" agenda, without hundreds of billions of dollars from the US budget to support my corporate favorites and the Make America Great Gain.
Great, if the US returns to its roots, origins, but go there through trade, financial, regulatory, and interventionism, it is to go in the opposite, free America, the direction of the original, free America. Today, the US and the West can finally put China in place, destroying its axis of evil - only by the weapon that Chinese communists will never apply. It is freedom, economic freedom, unconditional protection of private property and the transition to the regime of a small state.
Not 40-50% of GDP, but 20-25% of GDP, not 40-50% of state property, but 10-15%, not 10-15% of GDP Regulatory load, and 3-5%, not a monopoly a variety of currencies. In this mode, the event will be an unconditional moral authority and the center of economic attraction for 100+ developing countries from all over the world. Only such a regime can undermine the economic and political force of the axis of evil, to activate the processes against totalitarian, Nazi regimes inside.