Winning a trade war is not so easy, Mr President
China Daily | Updated: 2018-06-27 07:29
By using tariffs to force US companies to import less and targeting Chinese investment in high-tech industries in the United States, US President Donald Trump is implementing a simple plan to blunt the competition from China and help create jobs in the US.
But it is a strategy that is disrupting the supply chains that are the foundation of the global economy, which include those of the US.
By targeting the supply chains of the US' high-tech manufacturers and restricting Chinese investments in US high-tech, the Trump administration aims to disrupt Beijing's own plan to move China's manufacturing up the value chain, and create jobs in the US that it hopes will translate into votes.
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