[quote=FlyerInHi]We believe the free markets work best so let’s see which ones work better. And let’s apply global rules consistently regardless of whether the target is China, Germany or the USA. That’s what WTO is for. [/quote]
It’s unlikely we’ll ever really have “free trade” or no subsidies in the world – building an economic order that doesn’t take into account of the geopolitical issues seems like something destined to failure. That’s where the WTO and other UN organizations are at now. Basically impotent and have unenforceable edicts.
[quote=FlyerInHi]
But Trump wants the Chinese State to buy American farmers’ commodities. Such a ridiculous argument in its face. What if the US Federal government agreed to buy Italian olive oil? [/quote]
Huh? the main issue in the trade war is not about how many goods the Chinese govt buys from the US. The issue is a major disagreement in how to align the different Chinese and US economic models along with all the other technology issues. I would suspect the reason the Chinese government has to get involved with purchases at all is that the they are way more involved with decisions at SOE and other large private companies.
