Trumpís Trade Threats are really Cold War 2.0

By Michael Hudson

June 15, 2019 "Information Clearing House" -President Trump has threatened Chinaís President Xi that if they donít meet and talk at the upcoming G20 meetings in Japan, June 29-30, the United States will not soften its tariff war and economic sanctions against Chinese exports and technology.

Some meeting between Chinese and U.S. leaders will indeed take place, but it cannot be anything like a real negotiation. Such meetings normally are planned in advance, by specialized officials working together to prepare an agreement to be announced by their heads of state. No such preparation has taken place, or can take place. Mr. Trump doesnít delegate authority.

He opens negotiations with a threat. That costs nothing, and you never know (or at least, he never knows) whether he can get a freebee. His threat is that the U.S. can hurt its adversary unless that country agrees to abide by Americaís wish-list. But in this case the list is so unrealistic that the media are embarrassed to talk about it. The US is making impossible demands for economic surrender Ė that no country could accept. What appears on the surface to be only a trade war is really a full-fledged Cold War 2.0.

   

Are You Tired Of The Lies And Non-Stop Propaganda?

Get Your FREE Daily Newsletter
No Advertising - No Government Grants - This Is Independent Media