But unlike firing and unfiring a VA worker, which can happen in a matter of hours, unwinding the trade war with China seems unlikely to be a day’s work. China has responded to escalating tariffs by restricting exports on several metals that are processed almost exclusively in China. It has suspended exports of crucial materials used by America’s top manufacturers of cars, airplanes, military equipment, and computers.
lørdag 19. april 2025
A Trade War With China Is a Very Bad Idea
This much seems clear: The Trump administration is executing its trade war with China with the same care and thoughtfulness with which it accidentally cut the Department of Energy’s Nuclear Security Administration, mistakenly offered buyouts to mission-critical workers in the Veterans Affairs office, and proposed sudden cuts to customer-service employees at the Social Security Administration. That is to say: with very little care and even less thoughtfulness.
But unlike firing and unfiring a VA worker, which can happen in a matter of hours, unwinding the trade war with China seems unlikely to be a day’s work. China has responded to escalating tariffs by restricting exports on several metals that are processed almost exclusively in China. It has suspended exports of crucial materials used by America’s top manufacturers of cars, airplanes, military equipment, and computers.
But unlike firing and unfiring a VA worker, which can happen in a matter of hours, unwinding the trade war with China seems unlikely to be a day’s work. China has responded to escalating tariffs by restricting exports on several metals that are processed almost exclusively in China. It has suspended exports of crucial materials used by America’s top manufacturers of cars, airplanes, military equipment, and computers.
