Supporters of Trump's China policy continue to insist that the strong US economic performance gives Trump an edge in his trade war. Here's why that's not true. 1/5
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Maybe you mean to say the edge is smaller than thought by Trump trade policy supporters? There is a definite edge: 1. Worlds reserve currency 2. Larger economy 3. We buy more from them than they buy from us 4. What we buy from China is discretionary, what they buy is needed
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I.e. computers vs food 5. We are better allied with their other trading partners ... On the flip side: 1. They control their media 2. More Chinese people know hardship than Americans 3. No democracy
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I'm saying the edge - even if it exists - isn't sufficient to compel China to give up what it doesn't want to.
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Impossible to get it all, certainly possible to get some. The tricky matter is how to get compliance after the promise.
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