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by ArchTypical
2744 days ago
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> Trump is probably going to lose the trade war over Iran Who cares what "Trump" loses? This is about the USA and Trump will be long gone before any of these situations are measured.
The USA is not starting a trade war with Iran (first time I've ever heard sanctions called a trade war), the US is enacting sanctions to hurt Iran without scaring allies like Saudi Arabia. > China holds far more US debt than Americans hold Chinese debt That's intentional and good for the US. If you don't understand this, I really think you need to understand why we sell it to foreign powers at all. > China has far more market reach into emerging markets in Africa That's a real problem which the USA is losing out on potentially. It won't be apparent for some time, since people who are industrialized enough to get out of self-oppressive warlord control will not handle foreign occupation very well either. The US answer is always to enable the counter-revolutionaries anyway until the US has someone they want to deal with. |
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The trade war is with the EU and Russia. Iran is a huge potential future market, alongside the rest of the non saudi aligned Middle East. After Iraq the contracts for rebuild and repair went to classic US interested parties in trade retaliation for prior diplomatic posture in the m.e. by France and Germany.
Please explain to me what I don't understand about china holding US debt,and what it means tactically regarding the trade war.