The flurry over Donald Trump’s cabinet appointments and other staffing decisions had seemed to die down when the topic flared up again yesterday. America’s relationship with China is all important, so this latest appointment caused a stir.
Trump has never been quiet about his feelings about China, going so far as accusing them of inventing the “global warming” scare as a way to cripple the West’s industries. Not surprisingly, he has selected someone who agrees with him on this vital topic:
[I]n a dramatic development for Sino-US relations, Trump picked Peter Navarro, a Harvard-trained economist and one-time daytrader, to head the National Trade Council, an organization within the White House to oversee industrial policy and promote manufacturing. Navarro, a hardcore China hawk, is the author of books such as “Death by China” and “Crouching Tiger: What China’s Militarism Means for the World” has for years warned that the US is engaged in an economic war with China and should adopt a more aggressive stance, a message that the president-elect sold to voters across the US during his campaign. (…)
China has found itself on the receiving end of diplomatic chaos for much of the past three weeks, starting with Trump accepting a congratulatory phone call from Taiwan president Tsai Ing-wen in early December, which defied almost four decades of precedent. It only escalated from there, and culminated with the confiscation of a US marine drone last week, which however, China promptly returned to the US earlier this week. (…)
In short, China is angry, and may get its wish to retaliate soon, because as CNN reports (take it with a “real fake news” grain of salt) Trump’s transition team is discussing a proposal to impose tariffs as high as 10% on imports.
Obviously, it is too early to predict how China/U.S. relations will evolve over Donald Trump, but he clearly hasn’t forgotten his vow to “make America first.”
Source: Zero Hedge