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Those big tech companies [like Apple, Google etc.] often also work with governments…To trust one and not the other [Huawei], simply because one is Western and the other Chinese, is nothing but xenophobia and, dare I say, racist. Peter Kammerer, South China Morning Post Columnist As most observers have expected, the US and Chinese stock […]
If there is a deal [with China], it will be on Trump’s terms, not on Wall Street’s terms…Trump has done an amazing job. He doesn’t need the help of Wall Street, he doesn’t need the help of Goldman Sachs. The mission of these unregistered foreign agents [Wall Street types like Hank Paulson], that’s what they […]
The premises of this war {over} the huge bilateral trade deficit with China are very peculiar. The presumption is that the U.S. is better and more efficient than any other country, and if we don’t export more than we import, China must be cheating. Any economist would say that premise is absurd. We live in […]
Apple prices may increase because of the massive Tariffs we may be imposing on China—but there is an easy solution where there would be ZERO tax, and indeed a tax incentive. Make your products in the United States instead of China. Start building new plants now. Exciting! Tweet by US President Donald Trump President Trump, […]
Once upon a time Americans were very sensitive on the subject of taxation. They even dumped British tea into the Boston Harbor as a protest against British taxes. And the American constitution was written to give an elected Congress the primary power to impose taxes. But over the years, Congress has transferred its power to […]
I hope what I’m about to say turns out to be too pessimistic and very wrong. But as an alternative scenario it must be considered. Right now, the smart money says a trade war with China Is not going to happen. Accordingly, Trump is just bargaining for a China more open to American business and […]
That hereafter no State court or court of the United States shall admit Chinese to citizenship; and all laws in conflict with this act are hereby repealed. (Sec.14) From the Chinese Exclusion Act of 1882 There are people who wish I wouldn’t refer to China as our enemy. But that’s exactly what they are. They […]
For at least the first half of the 21st century, the US-China relationship will be the number one concern for investors, statesmen, global militaries and indeed, humanity in general. Things are not going to be easy. The US and the world have to face a number of realities, some of which I’ve discussed in past […]
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