Saturday, July 06, 2019

Quora: What does Trump stand to gain from trade war with China?

If China retaliates, what would be the effect?

Lance Chambers Answered Jun 26

China is retaliating and quite effectively. Please be aware that retaliation isn’t always one slap given - one slap received. It can be a lot of different reactions to different attacks.

Trump place tariffs on China and then the Chinese government tells the Chinese people that they should reconsider buying Apple iPhones - iPhone sales in China drop to zero.

Trump tells the world that China steals IP (which isn’t true by the way) and China increase sales to Europe, aligns with Russia, stops buying American Soybeans and buys them from Brazil instead. America bans the purchases of Huawei equipment in the US.

Trump is trying to gain credibility as the American president while China is trying to grow so it can improve the quality of life of Chinese citizens.

America feels that China is a threat to their position in the world while China wants to expand the worlds trade routes to allow poor nations to trade more easily and cheaply.

So many different objectives with different points of view on how to achieve

1 comment:

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