Towards an Understanding of the Ideological and Practical Context of a Trade War between Tightly Coupled Global Peer Rivals
In my previous post Towards an understanding of the Genesis of a Trade War between Two Global Peer Rivals I wrote about the progression of the trade war between the United States of America (U.S.A.) and the Peoples’ Republic of China (PRC). This trade war reflects the rising tensions between the U.S.A. and the PRC. These “cold war” tensions revolve around the rise of the PRC as a competitor to the USA in terms of the economic, technological, military advances made by the PRC in recent decades. This coupled with the issue of Taiwan could be leading the USA and its allies to the brink of a “hot war” with the PRC. The U.S.A. had appeared to be content to cooperate with the PRC as long as it perceived the PRC to be moving away from the communist path towards a more liberal democratic one. I wrote in my previous post that this perception by policy makers in the U.S.A had changed over the last decade. I wrote that the U.S.A could deescalate the conflict by looking at things differ...