Saturday, March 24, 2018

The Carrot of Not Being Hit With a Stick

President Trump announced tariffs to target China over theft of intellectual property and industrial espionage.


President Trump will reportedly announce plans to levy more than $50 billion in tariffs and other penalties on China.

Remember long ago that Trump promised China trade benefits if they help us deal with North Korea. I've mentioned this angle even if I don't trust China to be our friend.

I suspect that this tariff plan is a way of pushing China to help on North Korea with looming talks an alternative to waging war on North Korea to end their nuclear threat.

Perhaps the appeal of trade concessions isn't doing the trick and the prospect of trade punishment is being added to the mix.