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Monday, March 13, 2017

Trade war between 2 titans (China & USA) is never good.

USA knows it won't win the trade war against China.  Therefore, it is trying all avenues and prodding all weaknesses in China.

USA steel industry couldn't handle competition, so it tried to accuse China of stealing trade secrets with fabricated facts which the USA government always did especially for Iraq war (no weapon of mass destruction found until today).  After realising that this won't work, the USA steel industry withdrew its allegation and move on to anti-trust allegation.

If China did steal trade secrets from USA steel industry, USA won't back down at all.

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