I honestly can’t see any coherent strategy here. I’m leaning on the side of them having vastly overplayed their hand given how erratic the policy has been and how much of it they ended up rolling back.
Basically, this all parallels the decision making of Biden admin in their war with Russia. They made a bunch of assumptions that proved to be catastrophically wrong at the outset and then just kept doubling down on them. Seems like we’re going to get a replay for that now with China.
I honestly can’t see any coherent strategy here. I’m leaning on the side of them having vastly overplayed their hand given how erratic the policy has been and how much of it they ended up rolling back.
Its like they thought China would cave but severely overestimated the importance of the u.s. market and dollar strength.
Basically, this all parallels the decision making of Biden admin in their war with Russia. They made a bunch of assumptions that proved to be catastrophically wrong at the outset and then just kept doubling down on them. Seems like we’re going to get a replay for that now with China.
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It seems the motivation as likely as anything is that someone just asked chatGPT “how do I assert American dominance through tariffs?”
This is both the simplest explanation and the dumbest, so it’s probably true