It’s War !!!
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Yes, I remember reading about that a few years ago myself:http://www.dailymail.co.uk/news/article-2039453/How-America-planned-destroy-BRITAIN-1930-bombing-raids-chemical-weapons.htmlChemical weapons too ! I think it was a dispute about who was to control oil in Saudi Arabia.
Some interesting information herehttps://www.cnbc.com/2018/06/15/why-china-holds-all-the-aces-in-a-full-blown-us-china-trade-war.html
https://www.bbc.com/news/business-44498484Trump is to impose 25% tariffs on $50bn worth of Chinese goods, accusing Beijing of intellectual copyright theft.Tariffs that affect more than 800 products worth $34bn in annual trade are due to come into effect on 6 July.The White House said it would consult on tariffs on the other $16bn of products, and would apply these later.China retaliated, saying it will impose an additional 25% tariff on 659 US goods worth $50bn.The US had earlier warned that it will impose even more tariffs should China retaliate.
India is going to setup its own proteccionism and will impose tariff of 50% and 100%. It looks like the USA is going to be isolated
https://www.bbc.com/news/world-us-canada-44635490Canada's countermeasures against the Trump administration's steel and aluminium levies have come into effect, 25% tariff on assorted US metals products. Tariffs of 10% have also been imposed on over 250 other US goods like beer kegs, whiskey and orange juice. Canada also announced it would make C$2bn available to defend the steel and aluminium industry, including funds to support affected businesses. "Our approach is and will be this: we will not escalate and we will not back down," Foreign Minister Chrystia Freeland said.The EU and Mexico have already imposed their own counter-tariffs on American goods.EU's duties on £2.4bn ($3.1bn) of products such as bourbon whiskey, motorcycles and orange juice took effect on 22 June.Mexico put tariffs on $3bn worth of American products ranging from steel to blueberries and bourbon.
The only industry that they have not placed a tariff is to the industry of armaments. That one has been left intact
https://www.independent.co.uk/news/world/americas/us-politics/china-trade-us-tariffs-fart-latest-war-goods-economy-a8433836.html the US appeared set to impose 25 per cent tariffs on $34bn of Chinese goods at 12:01am on Friday.
And the chinese are going to impose tariff on Hamburguers and Pizza. The same commodities that China is buying from the USA, they can purchase them from others countries
Imagine if China arrested Ivanka Trump and put her on trial for some of her dubious business dealings.
Could we call Meng Wanzhou the first POW in this trade war.
Imagine if China arrested Ivanka Trump and put her on trial for some of her dubious business dealings.
Could we call Meng Wanzhou the first POW in this trade war.
The Chinese government might also arrest the US ambassador in Beijing and asked for an exchange of prisoners as the soviet did in 1962
As socialists you’re right, it’s not our problem but like Brexit, it is us who pay the consequences. So it is of concern. Their decisions mean our jobs, pensions, houses, food.
And I reiterate: these twats are fiddling with capitalism whilst the planet literally burns. I think it’s too late to stop catastrophic climate change and the government’s know it. These trade wars are the start for the scrabble to stockpile remaining available resources.
This is a struggle between capitalists fighting for market. As always the leftwingers are taking side with one group of the capitalist class
A Chines court has banned the sale of certain iPhone models in China, another Chinese corporation is claiming copyright and trademark violations. Both capitalists block are playing the same game
It’s getting closer to this all of the time:
https://en.wikipedia.org/wiki/Nations_of_Nineteen_Eighty-Four
An ex-Canadian diplomat has been detained in China, and until now the Canadian government doesn’t know why he has been detained. This situation might turn into a prisoners exchange deal
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