If you’ve seen news headlines throughout the past month or two, it’s likely clear to you that United States President Donald J. Trump and government officials of China aren’t really getting along.
First, Trump announced that he’d enact heavy tariffs on both aluminum and steel coming from any country, including China, which happens to be the number one provider of such commodities into the United States. Trump feels like the move could help promote business within the nation’s borders, though some manufacturers feel forced to lay off workers in response to the decreased spending resulting from higher prices caused directly by imported steel and aluminum costing more.
Only time will tell.
Next, United States officials claimed that it would enact a tariff worth a whopping $50 billion on pretty much all products and raw materials that Chinese businesspeople export from their nation, causing even further strain between the two global superpowers.
Now, in an even further unapproving move, the United States government is likely to get rid of all Chinese investments in any and all technological devices made in the United States of America. While, in theory, such a move could promote business within the United States and help it act independently of any other economy across the world, especially China, a country that doesn’t necessarily align with the goals of most Americans.
However, because Chinese investors place so much money in the American industry of electronics and technology, it’s virtually impossible to provide the nation or the world with the same tech devices that it currently is providing, as well as provide them at such a low price as they’re charged at today, thanks to the massive amounts of cash flow that comes into America’s financial markets via tech companies that use such financial interest in such a positive way.
So, what’s the issue between the United States – or, it’s more accurate to say, Donald J. Trump, the current President of the United States – and China?
Trump, an experienced businessperson, knows all too well that Chinese culture doesn’t show any respect to intellectual property of Americans, one of the worldwide leaders for creating and harboring some of the brightest ideas on planet Earth.
Because Chinese businesspeople literally require American entrepreneurs to share their intellectual property rights with them, they’ll offer such great deals that China is known all too well to put on the table. Is it worth it, though?
Dil Bole Oberoi
