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So Donald Trump has excluded China from his tariff pause. In fact, Chinese imports will now be taxed well over 100% to enter our land, causing real pain and suffering in both countries.
Recent relations between China and the U.S. have not been easy; a basic cause being the challenge posed by a surging China to U.S. dominion in the Pacific. However, political rivalry is balanced by the fact it is happening in a period when the two powers have also become major economic partners. China’s new role as the U.S.’ second-biggest importer has inevitably created a sense of mutual dependence.
Now, Trump’s trade war on China destroys the comfortable partnership and in some Chinese eyes turns the U.S. into an enemy. History tells some tales of economic breaks leading to war. I can only hope for wisdom to prevail.
Noel Kent
Manoa
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