Read it all, of course, but this is one of the nicer parts. From Secretary Wilbur Ross Heading To China June 2nd through 4th – Likely Authorized To Strip Bamboo Forest…
This helps to understand how significant the economic aspects of the Trump Doctrine are to the geopolitical engagements with North Korea.
Chairman Xi has made a strategic decision in his adversarial approach toward President Trump. Again, listen to the briefing by Secretary Pompeo – Panda China is telling him they too want to see peace, Korean stability and denuclearization. However, Dragon China is using the panda mask, and simultaneously leveraging Chairman Kim to aid their trade objectives.
Beijing has made a fatal mistake; they have exposed too much dragon face and did not expect President Trump to call them out on it publicly.
Secretary Ross now heads to China with •Steel and Aluminum tariffs; •auto-sector 232 evaluations; •intellectual property penalties; •over $150 billion in additional trade sanctions/tariffs pending; •and financial sanctions against Chinese banks as economic arrows in his dragon slaying quiver.
Don’t doubt for a minute that based on Chairman Xi’s maneuver with Chairman Kim, Wolverine Ross is not about to fire one -or several- of those arrows directly into the heart of Beijing.
Chairman Xi made a strategic mistake. Xi genuinely has no idea the level of hurt President Trump is looking for an excuse to deliver. Things are fixing to get ‘Old-School’.
Hope so. Our way of life is better than anyone’s with the economic benefits only the start of it.