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Why China ‘holds all the aces’ in a full-blown US-China trade war

  • The Trump administration announced on Friday it will impose a 25 percent tariff on up to $50 billion in Chinese goods in an effort to protect U.S. intellectual property and technology.
  • China in retaliation said it will introduce taxation measures of the same scale and strength.
  • The objective is to reduce the size of the U.S.--China trade deficit from an estimated $370 billion to $200 billion by 2020.
  • The administration says these alleged IP appropriations along with corporate espionage have cost the U.S. economy between $225 to $600 billion a year.
  • While this may hurt China in the short-term, it has other markets to sell to in Asia and elsewhere.

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Hơn 100.000 người Trung Quốc đã chi tổng cộng 24 tỉ USD trong 10 năm qua cho các dịch vụ lấy thị thực định cư ở nhiều nước.

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GOP attacks Obama, but doesn’t defend Trump

11/09/2018, 5:46 AM

Leading Republicans took issue with the former president’s scathing speech, but none disputed that Trump has threatened core American institutions. Two days in, lots of prominent Republicans have complained about Barack Obama’s speech on Friday calling Donald Trump’s presidency a betrayal of America and a threat to its core — but they haven’t said he’s […]

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