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Economy

mahatmakanejeeves

(57,283 posts) Sat May 11, 2019, 11:58 AM May 2019

There's a reason that the US can't count on even its oldest allies to join its trade war.

David Fahrenthold Retweeted

Since 2008, Australia's wine exports to the U.S. are down 37 percent. Exports to China are up 959 percent.

There's a reason that the US can't count on even its oldest allies to join its trade war.

https://www.nytimes.com/2019/05/11/upshot/australia-relationship-china-us-trade.html?smtyp=cur&smid=fb-nytupshot&fbclid=IwAR1z1X3aXpsCaBwy5p7LV19p9PbNn-E4S3n8qmKel-ivketVbWt9qy_Er3U …

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There's a reason that the US can't count on even its oldest allies to join its trade war. (Original Post) mahatmakanejeeves May 2019 OP

There is that Thyla May 2019 #1

exactly. Voltaire2 May 2019 #2

Thyla

(791 posts)

1. There is that

Reply to mahatmakanejeeves (Original post)

Sat May 11, 2019, 12:28 PM

May 2019

and also it's stupid to begin with.

Voltaire2

(12,939 posts)

2. exactly.

Reply to Thyla (Reply #1)

Sat May 11, 2019, 01:00 PM

May 2019

Its stupid. The valid issues regarding IP abuse should be addressed within the existing global trade organizations, not by idiot bully-man blustering unilateralism. Xi will just wait Trump out. Nobody else is going to join in, and everyone else will benefit from not participating.

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