Commerce Department has been instructed to get it done!” As Bolton wrote: “Since when we had started to worry about jobs in China?” The same methodology of personally flattering Trump and then offering him some vague commitment on China’s part to buy more of some product or another from the U.S. was again used by Xi to hold off Trump from imposing quick, full and irreversible sanctions on another massive Chinese firm accused of being used for intelligence gathering operations against the U.S. – Huawei, according to a senior legal source in the European Union’s (E.U.’s) energy security complex. This had allowed China to systematically reverse engineer everything that was shared and then to re-sell China-made versions back to the U.S. and the rest of the world at much lower prices, given the much lower unit cost of labour in China than in the U.S. Second, was to put into practice a new mechanism that would correct the long-term bilateral structural trade imbalance trade imbalance is a systematic way that was sustainable overt the decades to come. After this was put into practice with the U.S.’s unilateral withdrawal from the ‘nuclear deal’ with Iran in 2018, and then in the U.S. withdrawal from Syria in 2019, and Afghanistan and Iraq in 2021, Chinese (and Russian) influence across the door to a massive increase in influence from both Russia and China across the Middle East increased exponentially, as analysed in full in my latest book on the new global oil market order.
Author: Simon Watkins
Published at: 2025-04-15 22:00:00
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