
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.
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.
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.
Afin de donner un sens à ces évolutions, il est bien entendu nécessaire d’évaluer les conditions matérielles objectives qui les sous-tendent. Il est également nécessaire de comprendre les conditions subjectives fondamentales – l’état de conscience de masse – qui façonnent ces réalignements politiques.
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.
Instead of the chimera of general “de-dollarisation”, the correct Marxist strategy of development pursued by countries such as China should be taken as the model to be studied.
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”.
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