₦airaland Forum

Nairalanders please take over

The trade war is not just about trade but also about political blocs. North Korea, Iran , Israel, Turkey and Syria are in the play. Trump having got most of what he wanted from US-M-C trade talks he was looking at cutting down on the Chinese influence. The Europeans would have been hurt but after initial complaints they were able to exploit underground works to ease the pressure and play along American support looking to catch from the spoils.
China is emboldening Iran and North Korea and making things hard for Trump and so he is looking at boxing China into a corner and with Huawei, the war got to a whole new height. Leveraging on the software side of technology United States seems to have a bait on China. Trump may be a novice politically but he seems to have good advisers as per the economy. Its a kind of web

In layman's perspective, the United States imports more goods from China than China imports from America. The trade deficit runs to hundreds of billions of dollars, and Trump doesn't want that to continue. He wants China to import more to equate the excess dollar.
China not giving in to the demand, the US slapped Chinese goods with tariff to discourage the importation of Chinese goods. Coupled with their troubling behavior towards foreign firms, the US is now using Huawei as a bargaining chip for the bitter trade-war.

Goahead:
In layman's perspective, the United States imports more goods from China than China imports from America. The trade deficiency runs to hundreds of billions of dollars, and Trump doesn't want that to continue. He wants China to import more to equate the excess dollar.
China not giving in to the demand, the US slapped Chinese goods with tariff to discourage the importation of Chinese goods. Coupled with their troubling behavior towards foreign firms, the US is now using Huawei as a bargaining chip for the bitter trade-war.

thanks I'm learning

Goahead:
In layman's perspective, the United States imports more goods from China than China imports from America. The trade deficit runs to hundreds of billions of dollars, and Trump doesn't want that to continue. He wants China to import more to equate the excess dollar.
China not giving in to the demand, the US slapped Chinese goods with tariff to discourage the importation of Chinese goods. Coupled with their troubling behavior towards foreign firms, the US is now using Huawei as a bargaining chip for the bitter trade-war.

He wants China to eat more, get fat and into debt like America. Lol.