President Donald Trump Calls Truce On Trade War With China

December 3. 2018

The Chinese government led by President Xi Jinping (left) and U.S. government led by President Donald Trump (right)

Today, U.S. President Donald Trump has called a truce in his trade war against China. Thank God. It could have turned disastrous, as the Chinese government was threatening more sanctions and potential war if it continued. Not just a trade war, literal war.

Last week I warned against war with China. The Chinese army has developed technology the U.S. government has not been able to keep up with, which if you pay close attention to specific international incidents, it becomes very apparent (More Proof Surfaces That China’s Military Has Become The Most Advanced In The World Via Ship With Electromagnetic Rail Gun). A war with China would mean millions of Americans dead. All it takes is one strategically fired bomb. This scenario must be avoided. The world must go to great lengths to avoid war. Remember the horrors of World War I and World War II. Let’s not revisit those days. It cost the world too much.

My tweet on Twitter last week about the subject

The current U.S. missile shield is not secure. I’ve stated this fact on the site for years. Then, the U.S. military conducted a missile test, regarding the shield and it failed in a recorded broadcast. That means there exists gaps in U.S. defense. This occurred during the Obama administration.

Recently, Trump slammed former President Barack Obama for letting the U.S. military fall behind with antiquated equipment. This occurred due to a significant reduction in military spending. Trump stated everything is old and outdated. Trump wants to spend on the military to upgrade all systems and equipment.

STORY SOURCE

Markets soar worldwide after US and China agree trade truce

16 hours ago - World stock markets roared higher on Monday amid a wave of relief over a temporary truce in the trade war between the US and China. The FTSE 100 had its biggest daily gain since April, rising more than 2%, or 145.60 points, to 7125.84, as hopes for stronger global growth drove heavyweight oil and mining stocks to the top of the blue-chip index. Shares with strong exposure to Chinese markets — such as fashion brand Burberry and Asia-facing bank Standard Chartered — were also in demand, both rising 5%. Only four stocks were in negative territory...

https://www.standard.co.uk

China Ambassador Warns Of "Dire Consequences" If No Deal, Hints At "All Out" War

Wed, 11/28/2018 - 05:11 - Earlier today, Trump's chief economic advisor Larry Kudlow poured cold water on expectations for an imminent resolution of the US-China trade war when he said that negotiations in the run up to this week's G-20 talks "haven't yielded any progress", and unless something changes, the "administration will move ahead with the next phase of tariffs."

"Things have been moving very slowly between the two countries," Kudlow said, adding that it was up to Xi to come up with new ideas to break the deadlock. And, echoing a report from the US Trade Representative published earlier this month, Kudlow said there hasn't been much of a change in China's approach. "We can’t find much change in their approach," Kudlow told reporters. "President Xi may have a lot more to say in the bilateral [with Mr Trump], I hope he does by the way, I think we all hope he does...but at the moment, we don‘t see it."

Just a few hours later, a report by Reuters confirmed that Kudlow won't be "seeing it" for a long time, because according to China's ambassador to the US, Cui Tiankai, China is going to this week’s G-20 summit hoping for a deal to ease a damaging trade war with the United States, even as he warned of "dire consequences" if U.S. hardliners - read the trade hawks led by Peter Navarro - try to separate the world’s two largest economies.

Asked whether he though hardliners in the White House were seeking to separate the closely linked U.S. and Chinese economies, Cui said he did not think it was possible or helpful to do so, but warned that "I don’t know if people really realize the possible consequences - the impact, the negative impact - if there is such a decoupling."

He followed up the surprisingly strong statement with an even more shocking comment, in which Tiankai went so far as to tacitly hint that the "lessons of history" suggest that if there is no deal, what comes next could be another great depression... and conventional war...

"The lessons of history are still there. In the last century, we had two world wars, And in between them, the Great Depression. I don’t think anybody should really try to have a repetition of history. These things should never happen again, so people have to act in a responsible way."

Still, the Chinese ambassador toned it down a bit in his next commenting: when asked whether he thought the current tensions, which have seen the two sides impose hundreds of billions of dollars of tit-for-tat tariffs on each other, could degenerate into all-out conflict, Cui called the outcome "unimaginable" and that the two countries should do everything to prevent it. Note: he did not rule "all-out conflict" out...