{"id":391779,"date":"2019-01-06T05:29:38","date_gmt":"2019-01-06T04:29:38","guid":{"rendered":"http:\/\/rinf.com\/alt-news\/newswire\/trump-and-xi-you-are-scaring-markets\/"},"modified":"2019-01-06T05:29:38","modified_gmt":"2019-01-06T04:29:38","slug":"trump-and-xi-you-are-scaring-markets","status":"publish","type":"post","link":"http:\/\/rinf.com\/alt-news\/newswire\/trump-and-xi-you-are-scaring-markets\/","title":{"rendered":"Trump and Xi: You Are Scaring Markets"},"content":{"rendered":"
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Special for LewRockwell.com<\/em><\/p>\n

The United States and China look like two punch-drunk prizefighters squaring off for a major championship fight.\u00a0 They have no good reason to fight and every reason to cooperate now that both their stock markets have been in turmoil.<\/p>\n

Six hundred point market swings down and then up look like symptoms of economic nervous breakdown.<\/p>\n

Factions in both nations are beating the war drums, putting presidents Donald Trump and Xi Jinping under growing pressure to be more aggressive.<\/p>\n

Trump shoulders much of the blame for having started this unnecessary confrontation by imposing heavy duties on Chinese goods.\u00a0 The US president has turned the old maxim on its head that nations that trade heavily don\u2019t go to war.\u00a0 The US and China, both huge trading partners, appear headed to military clashes, or even full scale war, if their governments don\u2019t come to their senses soon.
\n\"\"<\/a><\/span><\/span>
\nAmerican Raj: Liberati…<\/a><\/span><\/span>
\nEric S. Margolis<\/span>
\nBest Price: <\/span>$5.08<\/span><\/span>
\nBuy New <\/span>$36.14<\/span><\/span>
\n(as of 07:00 EST – Details<\/span>)<\/span><\/span>
\n<\/a><\/span>
\n<\/span><\/p>\n

Trump was clearly trying to bully China into major trade concessions and better commercial behavior.\u00a0 He is right about this.\u00a0 I\u2019ve done business in China for over 15 years and seen every kind of chicanery, fakery and double-dealing imaginable.\u00a0 China learned from the French that the First Commandment is \u2018Thou Shalt Not Import.\u2019<\/p>\n

The Japanese are no better. \u00a0I recall Japanese health authorities telling my pharma firm that all our tablets had to be triangular shaped to make them nearly impossible to swallow.<\/p>\n

Theft of technology is indeed rampant, as Trump asserts.\u00a0 But has he looked into CIA and NSA\u2019s techno spying recently? They ransacked the Soviet Union during its last dying days.\u00a0 Much of our postwar missile technology was…<\/p>\n<\/div>\n

Read more<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Special for LewRockwell.com The United States and China look like two punch-drunk prizefighters squaring off for a major championship fight.\u00a0 They have no good reason to fight and every reason to cooperate now that both their stock markets have been in turmoil. Six hundred point market swings down and then up look like symptoms of […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[519],"tags":[],"class_list":{"0":"post-391779","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-newswire"},"_links":{"self":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts\/391779","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/comments?post=391779"}],"version-history":[{"count":0,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts\/391779\/revisions"}],"wp:attachment":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/media?parent=391779"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/categories?post=391779"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/tags?post=391779"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}