A Trade War With China Is Unwinnable
Politics and Activism

A Trade War With China Is Unwinnable

Why we're screwed.

Ahmad Ardity, Pixabay

If there was ever a time to get a case for your phone, that time is now. With the looming trade war, you may not be able to afford new electronics pretty soon and there is literally no hope of winning this. It’s ludicrous to try and wage a trade war on a nation that actually produces things and nations in Latin America, Africa, and Asia (the places providing the world with raw materials) want to work with.

What’s going to end up happening, if the Trump administration doesn’t get real and pursue mutual cooperation, is that the American economy is going to become isolated and it’s American consumers that’ll be hit the hardest. Almost half of our consumer goods come from China and for many of these, like the iPhone, they’re made using American intellectual property. Imposing tariffs on these is like taxing Apple directly. So it’s not going to affect the trade deficit, it’s just going to lower the amount of goods traded and increase the costs for everyone involved. Who’s gonna end up feeling that? Consumers.

If it gets bad enough, American companies are gonna end up laying people off. China, on the other hand, isn’t going to allow market turbulence to derail its economy. The whole reason they’re where they are today is that the government is constantly stepping in and preventing crashes through top-down planning and even expropriation and nationalization. If anything, a trade war plays right into China’s hands. Now they have all the more reason to further regulate and limit what foreign companies operating within China can do.

And though China’s known for their exports (they basically supply Japan and Korea with their consumer goods, as well as much of Europe), their internal market is massive and more than self sustaining. Even if American companies start pulling out of China, Chinese companies can just come right in and pick up where they left off and then it’s game over. The US lacks the infrastructure and the workforce to compete with China should this come down to actual production. China has better infrastructure, a bigger and more educated workforce, and the kind of calculated long term planning that the US lacks (now more than ever).

No matter what happens, America cannot win this. Best case scenario, like with most of his failures, Trump and the media will just ignore this and move onto the next big controversy.

Report this Content
This article has not been reviewed by Odyssey HQ and solely reflects the ideas and opinions of the creator.

These Superfood Beauty Products Show Kale And Matcha Work For SO Much More Than We Thought

Just another summer's day with a cold glass of kombucha on my face.

I've been vegan for about six years now, so a love for fresh vegetables and superfoods has now become a core part of my being. Don't get me wrong. I love my indulgent, creamy pastas and truffle fries more than anyone. But I keep most of my focus on eating clean and healthy so I can indulge guilt-free.

But I'd say about a large part of my diet has always, unknowingly, included superfoods. Being Indian, lentils, beetroot, garlic, ginger, and whole grains have been core essentials on the family dinner table since I could digest solid foods.

Keep Reading... Show less

Now that college is around the corner for most if not all young adults, students once shook by a pandemic now have to shift their focus on achieving their career goals. As if we thought we had it together already! As an NYC girl, I have always seen myself as a hustler, hungry to advance my career in journalism by having one skill: working hard.

Keep Reading... Show less

Kourtney Kardashian has decided to leave "Keeping Up With The Kardashians" after nearly 14 years and although we saw this coming, it breaks our heart that she won't be there to make us laugh with her infamous attitude and hilarious one-liners.

Kourtney is leaving the show because it was taking up too much of her life and it was a "toxic environment" for her.

Keep Reading... Show less
Health and Wellness

We Asked You How You Felt About Resuming 'Normal' Activities, And Some Of Your Answers Shocked Us

The New York Times asked 511 epidemiologists when they'd feel comfortable doing "normal" activities again, considering COVID-19. We asked our peers the same thing, for science.

Last month, the New York Times surveyed about 500 epidemiologists asking about their comfort level with certain activities once deemed normal — socializing with friends, going to the doctor, bringing in the mail. That's all well and good for the experts, but they are a very niche group, not the majority of the population. What do "normal" people feel safe doing? In certain states, we've seen how comfortable everyone is with everything (looking at you, Florida), but we wanted to know where Odyssey's readers fell on the comfort scale. Are they sticking with the epidemiologists who won't be attending a wedding for another year, or are they storming the sunny beaches as soon as possible?

Keep Reading... Show less
Disney Plus

Millions of musical-lovers around the world rejoiced when "Hamilton," the hip-hop-mixtape-turned-musical harder to get in to than Studio 54, came to Disney Plus.

For those who had the luxury of being able to watch it in person and rewatch it with us mere mortals on our screens, the experience was almost as gripping as sitting feet from Lin-Manuel Miranda himself. From the stunning sets, graceful choreography, witty dialogue, and hauntingly beautiful singing, the experience was one even my musical-averse family felt moved by.

Keep Reading... Show less
Health and Wellness

Keto Is All Fun And Games Until You're Undernourished And Almost Pass Out

Keto is just another extension of diet culture that boasts rapid weight loss, but at a steep price.

Photo by LOGAN WEAVER on Unsplash

There has been a Keto diet craze going around in the past couple of years, with many of its followers claiming significant weight loss. With any new, trendy diet claiming miraculous weight-loss, one starts to wonder what exactly is happening behind the curtain. The keto, or ketogenic, diet is a very low-carb, high-fat diet that claims to help the body shift its fuel source from carbs to fat. In the medical community it has been prescribed to patients with uncontrolled epilepsy to reduce the frequency of seizures, but other than that there is little conclusive evidence to other potential benefits.

Keep Reading... Show less
Facebook Comments