Reciprocal tariffs by the U.S. and China have come into force on Sept. 1.
The second wave of tariffs, on the other hand, will be enforced in December.
U.S. President Donald Trump defends that in China-U.S. trade, the Americans are at a disadvantage while China is earning unfair profit.
Trump wants to reshuffle the deck and is requesting trade advantages for the U.S. by conducting negotiations with China.
China in its turn is against making any concessions that will be perceived as a sign of weakness.
The tariffs that have been imposed on thousands of products are negatively affecting China’s industry and America’s agriculture.
Thus, it will have its impacts on internal politics. U.S. presidential elections are going to be held in 2020. Rural America, which has suffered due to the effects of the tariffs, was an important bastion of support for Trump and the Republicans.
Thus, the trade wars will be one of the most controversial subjects during election campaigns.
This new situation, which has been branded as the “New Cold War” shows that the global economy system is progressing parallel with the crisis.
Experts are ringing the alarm bells and saying that global economies are simultaneously heading toward a downturn.
This economic warfare between the U.S. and China is being staged as the “New Norm.”
It is expected that other global powers keep up with this new “beat.” The problem here is who China and the U.S. will choose as their “dance partner.”
This economic war between the leading powers of the global system, the U.S., and rising China resembles the deathly competition between the U.K. and Germany at the end of the 19th century.
The competition between the U.K., which colonized a great portion of the world and is described as the empire on which the sun never sets, and Germany had turned into a World War in 1914.
Some historians take the power struggle example between China and the U.S. all the way back to Ancient Greece.
The long and cumbersome wars known as the Peloponnesian Wars had erupted between the settled, terrestrial power of Sparta and the newly developing trade and sea nation of Athens.
Old Sparta had perceived the rise of young Athens as a threat to its own existence.
This perception of threat negatively affected the alliance between these two powers.
As Sparta tried to put out Athens’ fire, Athens tried to cut off Sparta’s meal ticket.
In the end, the two powers, along with their allies, were dragged into destructive wars.
The lesson of these wars is that the competition between a settled power and a rising power will eventually lead to war.
The actualization of Chinese President Xi Jinping’s “New Silk Road and the “China dream” is of vital significance.
The project’s area encompasses 70 percent of the global population, 55 percent of the global economy’s output and 75 percent of the world’s energy reserves.
China’s potential to be the most influential global power of the future scares the U.S.
So it isn’t surprising that Trump increases the US’s spending budget every year. If the competition between the two countries turns militarized, dark times await the world.
According to the hawks in the Trump administration, China is an existential threat to the U.S.
The U.S. had profited from the dissolution of the alliance between Soviet Russia and China during the Cold War.
China severing its ties with Russia was of strategic importance to the U.S., which implemented a containment policy in order to prevent the economic, military and ideological expansion of the Soviet Union.
The U.S. also wouldn’t want an alliance between China and Russia today. There are blind spots of the issue that arise from some “uncertainties.”
Does the U.S. really want to contain China, or Russia?
For which America is China an existential threat? For the globalists, or for the nationalists?
The U.S. presidential elections in 2020 will determine the trajectory of the world. It could start an Ice Age in international relations or also deepen the dissolution.
In the sea of global ambiguities, Turkey’s ship has to avoid taking in water.
The secret to understanding how we should progress goes through solving the puzzle of the global design that lies behind all the ambiguities.