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Fredinno
The Wall Street Journal
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Comments by "Fredinno" (@innosam123) on "How Boeing and Airbus Could Counter China’s Homegrown Comac Jets | WSJ" video.
@youngz13o And China is heavily dependent on Littoral Asia and the US’s semiconductor industry. It’s their top import, and one China has failed to replace after a decade of trying. China attempting to kick out all US companies from China will likely be followed by the US kicking out Chinese companies from their stock exchanges, blocking one of the primary inflows of capital. Trump was trying to reach a trade *deal*, not embargo China. Big difference. Not to mention he ‘failed’ because he got kicked out of office for mostly unrelated reasons. No permanent deal was ever finalized.
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@youngz13o Overall trade fell dramatically. The issue with China is that they already fired their one main shot in the Trump tariff fight- agricultural goods- which is why the nominal deficit increased. The trade war was pretty tame in comparison to eg. sanctions vs Russia.
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