On President Trump and China

Everyone is aware of Trump’s plan to withdraw from the WTO and impose large tariffs on Chinese goods unless the Chinese agree to do something (exactly what isn’t clear, since they aren’t trying to depress the value of the yuan) to eliminate our trade deficit.  The threat won’t work, and will lead to economic disaster, as I have written previously.

There is more to the story than that, however.  Since Trump views Japan, South Korea, and Taiwan as economic competitors rather than allies, it is likely that he will leave them to their own devices, which probably means returning to their previous condition as Chinese vassal states.  In addition, by turning the US into a purely self-interested rogue nation rather than the stable underpinning of the world’s economic system, he will be encouraging the rest of the world to look to China for responsible leadership.

Strangely,  I don’t remember seeing anything about making China great again on his hat, but that is exactly what he will be doing.  But look on the bright side;  our Great Wall will be bigger than theirs.