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US efforts to coerce China into trade concessions ‘will not work’, analysts say (www.scmp.com)

submitted 6 months ago by Domino@lemmings.world to c/world@quokk.au

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President Donald Trump’s attempts to force Beijing back to the negotiating table by piling “extreme pressure” on the Chinese economy through a barrage of export controls are doomed to fail, analysts said.

Washington has unveiled new curbs on the sale of jet engine and chip design technologies to China in recent days, as Trump insisted in a social media post that he would no longer be “Mr Nice Guy” on trade.

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[–] pivot_root@lemmy.world 5 points 6 months ago

Also, he has no idea how the economy works.

No, no. You see, he understands it perfectly: as the leader of the whole world and top teacup poodle in the bull pen, it works the way he says it works. And if it doesn't, that's because of somebody else. Successful businessmen and master negotiators are simply incapable of being wrong about anything. The thought of anything else is so utterly incomprehensible and impossible that it simply isn't real—like the earth being round, or women having rights. ^/s^