Politics
How Trump's trade war with China played out during his first term
President-elect Donald Trump has pledged to impose higher tariffs on imported Chinese goods during his second term.
How has Trump's trade war with China, both a major economic rival and trading partner of the United States, played out during his first presidential administration?
The video above offers answers. This is from the new documentary FRONTLINE China, the United States and the rise of Xi Jinpinga two-hour investigation that will air November 26 on PBS and online.
The video details how, after calling China an enemy that was cheating us and making China a major issue in his campaign in 2016, Trump held a summit in 2017 with Chinese President Xi Jinping at Mar-a-Lago. There, Trump delivered a clear message about how he viewed China-US relations.
I think this summit made it clear to a somewhat shocked Xi Jinping that the Trump administration was determined to compete and no longer pursue this kind of flawed strategy of cooperation and engagement,” retired Lt. Gen. HR McMaster, who served as Trump. national security adviser at the time, Martin Smith told FRONTLINE correspondent.
The video then shows how the Trump administration denounced long-standing allegations that China was stealing intellectual property from American and Western companies, prompting the Chinese government to deny such technology transfer and issue the order its diplomats to use their fighting spirit and adopt a more aggressive communication style.
They triggered what they themselves called wolf-warrior diplomacy. And frankly, it was pretty reprehensible, John Bolton, another former Trump national security adviser, told Smith.
In 2018, Trump would order the implementation of a 10% tariff on Chinese aluminum, a 30% tariff on solar panels and electric vehicles, and a tariff of 25% on steel and almost everything made in China.
As the video shows, this was the first plan of a developing war that would last for years to come. The tariffs sparked a backlash from China, which accused the United States of typical trade bullying and said it would take necessary countermeasures.
What China has done is shift its exports to other countries and also shift its imports from other countries. This has shifted the purchasing of soybeans, for example, from the United States to Brazil, Anne Stevenson-Yang, founder of J Capital Research, tells Smith. So it was not a useful policy.
After several tariff increases, the documentary explains how the trade war, which continued under the Biden administration, actually increased the trade deficit. Cost increases have also led to a decline in U.S. manufacturing jobs. The theft of intellectual property continued. The costs imposed by tariffs were passed on to consumers of imported products.
Professor Jia Qingguo of Peking University, a prominent academic and policy adviser to the Chinese government who often speaks on behalf of the Chinese Communist Party, highlighted what he sees as another consequence of continued tariffs.
You have high inflation. Where do you get it? Partly because of these tariffs, Qingguo told Smith.
The US-China trade war is just one issue China, the United States and the rise of Xi Jinping. In the works for more than a year, the documentary traces Xi's life, his entry into politics and the way he exercised his power at home and abroad.
He chose to embark on the path of consolidating power; the path of nationalism, Edward Wong, New York Times journalist and author of At Edge of the Empiresaid in the documentary.
As China heavily restricts international media, China, the United States and the rise of Xi Jinping draws on interviews with former members of the Chinese Communist Party, exiled human rights and democracy activists, academics, authors and journalists. The documentary also features interviews with current and former U.S. government officials, including members of the first Trump administration, such as McMaster and Bolton, who helped shape U.S. economic and national security policies toward of China.
For the full story, watch China, the United States and the rise of Xi Jinping. The documentary can be viewed on pbs.org/frontline and in the PBS app starting November 26, 2024, at 7/6c. It will premiere on PBS stations (check local listings) and on FRONTLINE YouTube Channel that evening at 10/9c and will also be available on the PBS Documentary Main Video Channel. China, the United States and the rise of Xi Jinping is a FRONTLINE production with RAIN Media, Inc. Producers are Martin Smith, Marcela Gaviria and Brian Funck. The correspondent is Martin Smith. Co-producers are Scott Anger and Elizabeth Hope Williams. The writers and directors are Marcela Gaviria and Martin Smith.
Sources 2/ https://www.pbs.org/wgbh/frontline/article/donald-trump-china-tariffs-trade-war-xi-jinping-video/ The mention sources can contact us to remove/changing this article |
What Are The Main Benefits Of Comparing Car Insurance Quotes Online
LOS ANGELES, CA / ACCESSWIRE / June 24, 2020, / Compare-autoinsurance.Org has launched a new blog post that presents the main benefits of comparing multiple car insurance quotes. For more info and free online quotes, please visit https://compare-autoinsurance.Org/the-advantages-of-comparing-prices-with-car-insurance-quotes-online/ The modern society has numerous technological advantages. One important advantage is the speed at which information is sent and received. With the help of the internet, the shopping habits of many persons have drastically changed. The car insurance industry hasn't remained untouched by these changes. On the internet, drivers can compare insurance prices and find out which sellers have the best offers. View photos The advantages of comparing online car insurance quotes are the following: Online quotes can be obtained from anywhere and at any time. Unlike physical insurance agencies, websites don't have a specific schedule and they are available at any time. Drivers that have busy working schedules, can compare quotes from anywhere and at any time, even at midnight. Multiple choices. Almost all insurance providers, no matter if they are well-known brands or just local insurers, have an online presence. Online quotes will allow policyholders the chance to discover multiple insurance companies and check their prices. Drivers are no longer required to get quotes from just a few known insurance companies. Also, local and regional insurers can provide lower insurance rates for the same services. Accurate insurance estimates. Online quotes can only be accurate if the customers provide accurate and real info about their car models and driving history. Lying about past driving incidents can make the price estimates to be lower, but when dealing with an insurance company lying to them is useless. Usually, insurance companies will do research about a potential customer before granting him coverage. Online quotes can be sorted easily. Although drivers are recommended to not choose a policy just based on its price, drivers can easily sort quotes by insurance price. Using brokerage websites will allow drivers to get quotes from multiple insurers, thus making the comparison faster and easier. For additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance.Org/ Compare-autoinsurance.Org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc. "Online quotes can easily help drivers obtain better car insurance deals. All they have to do is to complete an online form with accurate and real info, then compare prices", said Russell Rabichev, Marketing Director of Internet Marketing Company. CONTACT: Company Name: Internet Marketing CompanyPerson for contact Name: Gurgu CPhone Number: (818) 359-3898Email: [email protected]: https://compare-autoinsurance.Org/ SOURCE: Compare-autoinsurance.Org View source version on accesswire.Com:https://www.Accesswire.Com/595055/What-Are-The-Main-Benefits-Of-Comparing-Car-Insurance-Quotes-Online View photos
to request, modification Contact us at Here or [email protected]