The Trump Trade Strategy Is Coming Into Focus -- Where Is It Headed?

davfor

Interesting reading....its encouraging to think there may actually be a strategy.

Taking an aggressive stance with traditional allies now seems to be just a warm-up for the main event: isolating China.

Here is one potential outcome that is causing me to pause to consider its implications for my Asia/EM investments.....

There’s a risk that even if the effort to isolate China succeeds, the result might be simply a bifurcated world trade system in which there is one orbit of countries with close ties to the United States, and another tied to China, with minimal overlap.

https://nytimes.com/2018/10/06/upshot/trump-trade-strategy-coming-into-focus.html?action=click&module=Top%20Stories&pgtype=Homepage

Mark

"The ultimate goal, in other words, is to reset the economic relationship between China and the rest of the world. It may take time and cause pain in the interim."

The pain referenced here will mostly be felt by the vast majority of Americans who are least able to afford it. I see this as just another move to make those who are already well off even more so at the majority's expense.

bee

Here's is an example of what arrived here in the US via China. Why we allow highly sensitive manufacturing to happen outside the US is beyond belief.
https://bloomberg.com/news/articles/2018-10-05/china-spy-chips-report-adds-pressure-on-pentagon-cloud-security?srnd=premium

bee

The New revised NAFTA agreement may make it harder for Canada to do business with China.

https://bloomberg.com/news/articles/2018-10-04/nafta-s-china-clause-is-latest-blow-to-trudeau-s-asia-ambitions