Geopolitical Economy Report Trump's trade war immediately failed: China is much stronger than USA thinks
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Apr 16, 2025 The discussion dives into the aftermath of Trump's tariffs on China, revealing unexpected exemptions for crucial electronics. It highlights China's resilience and surprising economic strength, contrasting it with the faltering U.S. industrial sector. The conversation also touches on shifting trade dynamics, emphasizing China's move towards domestic consumption and reduced dependency on exports. The narrative critiques U.S. economic policies and signals a transition toward a multipolar world, where China's influence grows amidst declining U.S. dominance.
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US Dependency on Chinese Electronics
- Trump's trade war failed quickly due to US dependence on Chinese electronics.
- Exemptions on key products show the US can't re-industrialize advanced manufacturing easily.
No Industrial Policy Behind Tariffs
- Trump's tariffs lacked a real industrial policy to support re-industrialization.
- Other countries use planning, subsidies, and training; the US relied solely on tariffs.
China Boosts ASEAN Relations
- China is strengthening ties with Southeast Asia while the US militarizes the region.
- Xi Jinping's visit to Vietnam resulted in multiple trade and infrastructure agreements.