Yesterday morning, reading about the escalating tariff war between China and the US and China’s assertion that they’ll “fight to the end”, I had the feeling that they don’t intend to stop at tariffs.
They haven’t and are blocking imports from at least 18 US companies, according to some sources, and have increased their tariffs on US goods to 150%. This trade war isn’t even a week old and it’s already at an impasse even as it’s still increasing.
The goal here is plain, it’s to put China’s economy and aspirations of world conquest into reverse, and the Chinese aren’t going to settle for mutual tariff escalations as the only way to fight this. President Xi declared that they will fight it to the end, and the end may prove to be more than even they want. China just posted on X/Twitter an old video of Chairman Mao saying the same thing about conquering the USA being China’s goal. This is a good indication that they intend to get military about this. Chairman Mao’s goal was to defeat the USA and he starved about 50 million “excess” Chinese citizens to death to help promote it. It would be unwise to ignore that little tidbit of history.
Today on Chinese TV, Xi told the people that China doesn’t need imports from the USA, that China has always done everything themselves without help. This is a complete lie, they’ve stolen all the technology they couldn’t rob, they’ve cheated from the first day they joined the World Trade Organization. What it means is that the Chinese people better start tightening their belts because things are going to get pretty lean. Xi would rather see the people starve before giving in and trading fairly. Just like Chairman Mao.
Elon Musk just canceled orders for Tesla models X and S on his Chinese website. Considering that he sells over 300,000 Teslas in China yearly, this is NOT a big deal. Those vehicle models are made only in his factories in California and less than 2000 went to China last year, compared to 657,000 Teslas manufactured there. However, the point is made that American imports in China are being effectively cut off due to the increased tariffs raising the sales prices.
But then, so are Chinese imports to the USA, and the Chinese sales to us are far higher than ours to them. No longer as merchandise orders from China are being canceled en masse to avoid the increased tariffs. Business profit with the USA is what’s allowed China to become such a major economy and threat to the world while severely degrading our ability to manufacture needed products here. This is now ending, with the purpose of reviving our industries and rebuilding our industrial might and dominance in the world.
It’s a simple situation, China wants world domination and only the US stands in their way of achieving it, and to do it, China has to destroy the economy and industry of the US because China is unable to rise to this level on their own merit. Our government over the past few decades has sold out to Chinese interests, which is the quick explanation why so many of our politicians became so very wealthy on their government salaries, though not the only reason.
What happened, who was involved in the power shift we now see in our government, I don’t know but suspect that a collaboration of technology and industry billionaires is behind it who don’t want to be ruled by China. Regardless, the battle lines are being drawn now between us. The Chinese have worked hard on their plans for about 75 years now, they’ve devoted everything to them, they may soon become desperate and this is going to be a serious and ugly fight if they do.