The high-stakes, global battle over Trump’s tariffs
Trump’s “tariff war” is an attempt to bring the entire world trading system under unilateral US control, removing any minimal element of multilateral negotiation from it.
Economics
Trump 2.0 and China – the real situation of the U.S. economy
If the U.S. cannot succeed in slowing China’s economy, then it can only decrease China’s lead in growth rate by increasing the percentage of net fixed capital formation in the U.S. economy.
China’s economy in 2024 continued to far outgrow the U.S.
China’s GDP growth rate in 2024 of 5.0% compares to the U.S.’s of 2.8%. China’s was therefore 80% higher than the U.S.
U.S. dooms itself to defeat in peaceful competition with China
There are measures that would increase U.S. economic growth rates and competivity, but the U.S. is unwilling or unable to take them.
So-called “Peak China” is simply a Western campaign for China to commit economic suicide
Despite the fact that China’s economy continues to far outgrow all major Western economies the Western media is energetically promoting a myth of “peak China”.
China’s goal of 5 percent growth in 2024 is entirely realistic
The reason why some media outlets were keen to declare China’s target growth rate as unrealistically high is because achieving it will destroy the remnants of their claims of “peak China” – the idea that China’s economy has ceased to far outgrow economies in the West.