WWill the phone come first? Xi Jinping, the Marxist-Leninist ideologist, convinced of the superiority of socialism with the Chinese characteristics and the destiny of his country to achieve global domain? Or Donald Trump, the self -processed political genius, so drunk of power that he plays with the global economy by whim as if it were his? The quiet Chinese or the noisy American?
“We are waiting for a Beijing call,” Trump said this week. The king of negotiation, who submitted the planet to the fire of his tariffs, does not expect resistance: all must come for his discounts. But with XI, Mar-a-Lago’s golfer has hit the great wall. There is no doubt to give in to Washington. The two titans of the Global Recreation Patio have gone to war. The main objective of Trump’s offensive, China has responded Tit-For-OT and tariffs have intensified greatly: 125% in the exports of the United States; 145% in Chinese products for the United States. At this level, trade between the two largest economies in the world stops.
Beijing refuses to negotiate with a knife in the throat and rejects the extortion of the White House: to make commercial concessions or suffer the rates reserved for you by the Trump administration. However, Washington is decided by significant exceptions for Chinese exports of smartphones, laptops and other IT equipment. However, nothing is really safe with Trump, and nobody captures the mechanics behind their reversions. Maybe your last golf score? This insecurity strategy weighs on the economy of the United States.
What is at stake between Beijing and Washington goes far beyond the economy. The commercial conflict is the last episode in the duel of the century: China and the United States are fighting for global supremacy. Protectionist since the 1980s, Trump believes in the renewed strength of an America that lives in almost cars, at least equipped with a production apparatus according to his thirst for consumption. Power is found in autonomy. On the contrary, XI is based on globalization to guarantee China’s dominance. The country has been equipped with a monstrous manufacturing industry whose ambition, in some sectors, is to conquer most of the global market. Supremacy through free trade.
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