Why The China / U.S. Trade War Is Not Going To End Well!

Josh Sigurdson talks with author and economic analyst John Sneisen about the growing trade war between China and the United States as both countries place tariffs on each other’s products, raising the cost of living inside their own countries in an attempt to maintain power over the markets.
The problem is, the hand of state only manipulates and dirties the hand of individual demand on the market.

As per usual, this all started with a currency war as China attempted to devalue their dollar and raise the overall demand for cheap products in their country. As John mentions, “First you get currency wars, then you get trade wars and then you get hot wars. When goods stop crossing borders, soldiers will.”

Trump’s response to all of this unfortunately is to technically create a new tax on Americans. Many defend his position, but historically this has not turned out so well.

We also cover the implementation of the Shanghai Exchange and their launch of crude oil futures traded in Yuan. John explains how this relates to creating a technocratic global Chinese world reserve currency. Communist China of course wants to take the place of the United States as the main global empire. A country whose President just declared himself President For Life. A country with Sesame Credit (or social credit) which ranks the behavior and demeanour of the populace, banning them from public transportation if they do not conform. A country that’s cracking down on any criticism of the government. A steadily growing powerful country. Part of the new, transformed, technocratic, collectivist world order.

Finally, John breaks down the creation of a new silk road out of China called the Chinese One Belt One Road (OBOR) which hopes to create vast trade corridors like the ancient silk road with new technology. Fast trains reaching the most important parts of Asia, Europe, Russia, the middle east and Africa.

We’ve seen this kind of fight before, and it never ends well for us.

Stay tuned as we continue to cover this issue.

Video edited by Josh Sigurdson

Josh Sigurdson
John Sneisen

Graphics by Bryan Foerster and Josh Sigurdson

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  • Jujubox

    I am surprised you are not talking about the Cloud Act that was silently passed last week and its ramifications concerning everybody’s data protection all over the globe…

  • Dean baisden

    i don’t get why the US and other countries feel we have to fight everyone?we don’t. why not work with all other countries instead of going to war and murdering millions. this push by the US to go to war with NK and Iran will lead us into WW3. when we attack Iran using a false flag by mossad. Syria and Russia will enter the war and im sure that will pull china into it. war is insane. the fact that trump gave our state dept to the CIA and brought that neocon/zionist war monger(Bolton) into his cabinet, its just a matter of time. the US entire financial system is based on war. its sad that not many even question what this government does.

  • jony fish

    Oh no!!! We won’t beable to buy TOXIC GARBAGE ANYMORE!!! OH NO!!! We will have to pay for better quality stuff and support our own economies again instead of just China and greedy fukers in the West. That’s BS WE WILL HAVE TO PAY 6 TIMES MORE!!! more like instead of getting a piece of shit ironing board for 20, we will have to pay 23.00. They always try to scare the sheep into being sheep. INDIA will make all that stuff instead!!! and in the end might even be a bit cheaper. CHINA IS NOT THE ONLY GAME IN TOWN!!!!!! Everyone knows that the WEST has been getting SCREWED BY CHINA!!! NO MORE!!!! OH NO!!! CHINA WILL NOT BEABLE TO CONTROL 80% PLUS of stuff like vitamin C etc etc etc let’s not even talk about all the illegal copying they BLATANTLY DO!!!!!

  • Laura

    Nothing is new, another empire is taking over the world; it used to be Anglo-american empire and it still is, City of London still rules the world in the background. Canada is not free of the Crown, the same goes for Australia and so on. It is a shift of power nothing else, the bankers, the elite are working together in the shadow. Not even the US freed itself of the City of London yet. The rich are getting richer, the poor poorer, and the worst of it is that freedom of speech, financial freedom is gone. Most of the Eastern European countries stayed in this communist regime, I know I lived through it, it is not fun, but I can say that Canada is not better either. I lived there too, Canada has a masked socialism that is turning into communism, where everything is dictated, rules, over rules, no freedom of speech, and no free market, all is a monopoly.

  • Silverstone

    China will win because they have the most crucial resource…human labor. Labor is the life blood of all economies. The economy with the cheapest labor wins by default.
    Human labor time is money.

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