Re:U.S. companies banned from selling components to ZTE
by jacquesm on Monday April 16, 2018 @04:39PM
(#16852538)
If the US completely stops trading with China there will be riots (in the US). Stores will be empty. The United States actually needs China at this point in time and without cheap Chinese goods satisfying consumer needs there would be a serious problem.
From an outside perspective (Australia), it seems that the current US president matches this description as well. At this point it may be a good idea for at least one of the leaders involved in this trade war to step back and push for reasonable debate. Unfortunately I don't see either Xi Jinping or Donald Trump doing this, so I'm not sure if I'd agree with "US is playing the game pretty well".
If the US completely stops trading with China it won't be good for either party, and it would probably have negative carry-on effects to most of the global economy. We're in a state of economic brinkmanship, and we don't want to start an economic world-war.