Fear of imperial China driving trade wars
There is both bipartisan and nationwide support in the US for what Trump is doing to counter what most fear is the unchecked rise of China.
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MANY of us in financial markets may have misread the true nature of the trade fight between the United States and China. The background context to this trade dispute is years of talks that have yielded no substantial results between US and China for fairer trade practices. That, with the current US administration being staffed with hardliners, it's no surprise that the US is aggressively using trade tactics to cajole China into a speedier negotiation.
Tech dominance with "Made in China 2025"
On the surface, the Trump administration has started a trade war to protect its footing as the global leader across the board. But below the surface, you'll find that Americans view China as a national security threat when it comes to technology. That's because China has demonstrated unfair trade practices and intellectual property breaches to assert itself towards technological dominance with its 2025 plan that involves explicit aspirations to gain global tech dominance.
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