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- Title
Economic War with China is a Losing Proposition.
- Authors
Ottenberg, Eve
- Abstract
The article discusses the negative consequences of the economic war between the United States and China. It criticizes the use of tariffs, sanctions, and trade prohibitions by both the Trump and Biden administrations, arguing that these measures have backfired and harmed American industries and consumers. The author highlights the interdependence of the Chinese and American economies and argues that decoupling them would be disastrous. The article also criticizes the lack of a plan to kick-start domestic industries in the United States and suggests that American corporate interests prefer cheap labor abroad.
- Subjects
RARE earth metals; ECONOMIC conditions in China; INTERNATIONAL relations; FINANCIAL policy; EXPORT controls
- Publication
CounterPunch, 2024, p1
- ISSN
1086-2323
- Publication type
Article