protectionist
Diamond Member
- Oct 20, 2013
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So President Trump tried to get China to pressure North Korea to stop threatening us, and scale back its nuclear weapons program. Instead, China has done the opposite (increased trade with NK 40%).
What does this tell us ? It looks to me like China won't pressure NK to stop being belligerent, because it is China who has been pressuring NK TO BE BELLIGERENT. I suspect China has been behind all this tough, nuclear posturing by NK all along, as a way to attempt to sidestep the tariffs on Chinese imports proposed by Trump.
It has worked so far, but if this is the Chinese ploy, it seems to be about to have run its course. With the attempt to get Chinese co-operation now concluded, the next step may well be to not only impose the tariffs, but impose them sky high.
After a few days of the Chinese flipping out, the scenario might then be in the deal-making mode. With each reduction in belligerence from Kim Jong Un, there could be a corresponding reduction in tariff rates, until the tariffs get down to where Trump wanted them in the first place.
What does this tell us ? It looks to me like China won't pressure NK to stop being belligerent, because it is China who has been pressuring NK TO BE BELLIGERENT. I suspect China has been behind all this tough, nuclear posturing by NK all along, as a way to attempt to sidestep the tariffs on Chinese imports proposed by Trump.
It has worked so far, but if this is the Chinese ploy, it seems to be about to have run its course. With the attempt to get Chinese co-operation now concluded, the next step may well be to not only impose the tariffs, but impose them sky high.
After a few days of the Chinese flipping out, the scenario might then be in the deal-making mode. With each reduction in belligerence from Kim Jong Un, there could be a corresponding reduction in tariff rates, until the tariffs get down to where Trump wanted them in the first place.