China is beating the U.S. in the arena of “economic warfare” according to a book by foreign policy analysts Robert Blackwill and Jennifer Harris.
“When Norway gave Chinese dissident Liu Xiaobo the Nobel Peace Prize in 2010, China dramatically scaled back its salmon purchases from Norway and halted trade talks. When tensions escalated between the Philippines and China over a territorial dispute in the South China Sea, China let Philippine bananas rot in its ports,” according to CNNMoney’s citation of the book "War by Other Means."
Blackwill and Harris recommend that the U.S. get tougher by using similar tactics to beat back the threat from China. Blackwill was a senior official in President George W. Bush's White House while Harris served in President Barack Obama's administration.
“Geoeconomics tends to be easier and cheaper" than military conflict, Blackwill and Harris write.
“It's a particularly critical time to change that approach, they say, as markets become more global (i.e., what happens with Brexit impacts the world), and countries are reconsidering which economic tie is more important to them: the U.S. or China?” CNNMoney reports.
Donald Trump, the presumptive Republican nominee for president, this week blasted the Trans-Pacific Partnership trade deal
with Asian countries, likening it to "rape."
"It's a rape of our country. It's a harsh word, but that's what it is -- rape of our country," Trump said at a rally in St. Clairsville, Ohio.
He also called on the U.S. to follow the example set by the United Kingdom in voting to leave the European Union.
"Our friends in Britain recently voted to take back control of their economy, politics and borders," Trump said. "Now it's time for the American people to take back their future. We are going to take it back."
© 2023 Newsmax Finance. All rights reserved.