Posted on 11/28/2016 11:01:56 PM PST by TigerLikesRooster
To Disarm North Korea, Wage Trade War On China
Nov 27, 2016 @ 12:01 AM
Gordon G. Chang
To Disarm North Korea, Wage Trade War On China
/snip
Virtually every American analyst agrees on what Trump should do to meet the No. 1 threat: drop his plans of confronting China on trade to obtain its assistance on “denuclearizing” the Kim regime.
This line of thinking is not new and ignores 13 years of American foreign policy failure. In fact, it’s possible the opposite is true, that waging a trade war on China may be the only way to obtain Beijing’s cooperation on North Korea.
/snip
North Korea looks impossible to solve, and it is if we see China as on our side. It is not. But if we treat China as part of the problem, which it most certainly is, then we can begin to craft solutions, like secondary sanctions. Xi Jinping, the Chinese leader, will stop supporting North Korea only when the costs of doing so are too high. So far, his country has suffered almost no penalty.
To impose costs, Trump’s administration could, among other things, cut offending Chinese banks off from the global financial system, sanction every Chinese proliferator, and impose his threatened 45% across-the-board tariff on China’s goods. He could end negotiations on the Bilateral Investment Treaty and treat Chinese businesses like Beijing treats American ones.
And Mr. Trump, starting January 20, will have the tools to raise the costs on Beijing. The Chinese will surely retaliate, but they have few effective options for a long-term struggle. After all, last year they ran a $334.1 billion trade surplus in goods and services against the United States.
/snip
(Excerpt) Read more at forbes.com ...
Simplest solution would be to sell Tridents to Japan.
Hmmm... I wonder about the wisdom of a trade war with China.
To begin with, they’re holding millions and millions of dollars in US government paper.
Then, too, they don’t really give a rat’s *ss what happens to North Korea as long as they don’t get too crazy.
And... a trade war with China when the US balance of trade is massively in favor of China?
I’m no economist, so feel free to chime in, but this doesn’t look like a solution to me...
or we could just foster a war between India and China and with luck they will each suffer rather significant civilian/military casualties.
Maybe I’m just in a bad mood, . . .
LOL!
I say hit them (China ) on all fronts military, and Economic
I like Gordon Chang, but that would probably have the opposite effect.
The CCP would become even closer to NK if they were being truly squeezed in a real way.
They’re leverage has always been asymmetric and using proxies.
I am an advocate of the deployment of 100-200 IRBMs similar to the Pershing II. Put them in Korea, Japan and the PI.
China would be more than happy to fix the NORK problem thereafter.
It's something a Ronald Reagan might have been able to do in 1982. Today's China is far too powerful economically for any kind of sanctions to work. They trade with the whole world, and the USA may be still the single biggest economy but we are no longer indispensable.
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