How Successful Were Trump’s Tariffs?
**Job Creation: On average, Trump’s tariffs destroyed jobs. But there were some winners and losers notably steel. The cost of the “winners” was $800,000 to $900,000 per job created. More jobs were lost elsewhere.
**Negotiation Leverage: Nonexistent. Trump resorts to threats so often on the flimsiest of grounds creates mistrust.
**Improve Security: No. Antagonizing allies never improves security.
The US is carrying out an extraordinary and unprecedented war against Huawei. This attack violates the rules-based international order that the US has championed since World War II. Rather than a civilized and fair competition, the current strategy resembles the modus operandi of Mafia. While Huawei is deeply wounded by the latest American extra-territorial bullying of global chip manufacturers, the overall narrative of China’s rise to the top of the technology pyramid remains unaffected. In the short term, Huawei has a couple of survival options; and in the long term, America’s brutal war will only accelerate China’s goal towards self-sufficiency.
US tightens restrictions on Huawei’s access to chip technology
The latest crackdown makes it even harder for the Chinese firm to buy chips produced by the US, even if they are made abroad.
Related:
US Adds 38 Huawei Affiliates to Entity List as Pompeo Urges Allies to Join
Earlier this month, US Secretary of State Mike Pompeo visited Prague and urged US allies in eastern Europe to turn down China’s investment offers and have no business with companies like Huawei.
Elisa CEO hits out at ministry Huawei tech ban draft
Seppänen also says that he does not believe Chinese manufacturers’ tech will see a full ban due to security issues, adding that no “backdoors” have been identified in Huawai equipment so far, adding that any engineer familiar with the tech would laugh at the suggestion there were, and that uninformed people had been making the claims.
Founder of SMIC: US ability to constrain China not as strong as expected
“If the US can’t win on a level playing field, it will take an administrative approach. It did this with Japan in the 1980s and has been constraining 5G again since 2018, but this time it’s no longer against Japan. The US is less able to constrain China, but we can’t take it lightly,” he said.
A Washington think tank and Congress issued a bipartisan plan for AI, which utilizes the veneer of technology to formally cast China as the number …
Federal Government Releases Bipartisan Anti-China Plan for Artificial Intelligence
The desperate war on Huawei and TikTok shows how far the US has fallen behind in technology and geopolitical strategy
TikTok, Huawei, and America’s Decline
Trade and tensions between the U.S. and China
Related:
YouTube Source: Vijay Prashad – Hybrid Wars and US Imperialism
Ms. Cat’s Chronicles 
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