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How Trump and Xi Can Make America and China Poor Again: The trade war is heading in a dangerous direction for the world

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' If you think that the US-China trade dispute is going to be easily resolved, you’re not paying attention. It’s so much deeper than you think — and so much more dangerous, because  we’re going to  fracture the globalization system that has brought the world more peace and prosperity over the last 70 years than at any other time in history. And what we’ll be birthing in its place is a digital Berlin Wall and a two-internet, two-technology world: one dominated by China and the other by the United States.Is there a way out? '

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I began teaching in 1963,; Ba and BS in Education -Brooklyn College. I have the equivalent of 2 additional Master's, mainly in Literacy Studies and Graphic Design. I was the only seventh grade teacher of English from 1990 -1999 at East Side (more...)
 

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Susan Lee Schwartz

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Sounds like it could work with a sensible, intelligent leader.

"The old trade regime was based on the idea that America was a rich country and China was a poor country and therefore China was entitled to certain advantages and tolerance of its misbehavior," explains McGregor. "We should say to the Chinese: 'You now are our economic equal.' Give them that dignity. And tell them we want to restart these negotiations on the basis of total reciprocity. We should both have the same rules of access to each other's economies."

"If China does not want to grant equal access to its economy in some sectors, then it won't enjoy that access for its companies in America, and vice versa. "But going forward, as much as possible, the goal should be equal access negotiated between two equal powers," adds McGregor. What China allows us, we should allow China. And what China doesn't allow us, we should not allow China. And all deviations from that standard can be negotiated."

"If somebody has a better idea, put it out there, because if both sides don't find a better way, the world as we've known it is going to change. You may not have loved what we had, but you really won't like what we'll get."


Submitted on Thursday, Aug 8, 2019 at 3:26:17 AM

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