I’m trying to see where the US has any leverage whatsoever in this dispute. The only possible element has to be threats to default, but I’d think that would have far worse consequences for us than for the Chinese. Guess I’ll have to wait for an adult to write an opinion piece on this topic (someone like Thomas Sowell or Walter Williams, for instance).
Smoot-Hawley anyone?
My Sentiments exactly. The way I see it, and I do not pretend I know all the complexities to this, but I think China is holding all or most the cards in this.
China may just take their lumps now, whatever it is.
RIP Captain Phil