On Geopolitics

The Real Target of Trump's Trade War

Matthew Bey
Senior Global Analyst, Stratfor
Jul 24, 2018 | 09:00 GMT
A shipping container is offloaded from a Chinese container ship at the Port of Oakland on June 20.

A shipping container is offloaded from a Chinese container ship at the Port of Oakland on June 20. U.S. President Donald Trump's trade war is less about trade partners and more about trade itself.

(JUSTIN SULLIVAN/Getty Images)

European Commission President Jean-Claude Juncker hopes to do what no leader has managed to do so far: appease U.S. President Donald Trump with a trade deal. When he travels to Washington this week, Juncker will present Trump with an offer aimed at staving off a trade war between two of the world's largest economies. But the odds are not in his favor. Instead of making arrangements to break down trade barriers around the world, the Trump administration has worked to seal the United States off behind higher tariffs on goods such as aluminum, steel, washing machines and Chinese industrial products. And so long as the goal of this campaign is on shielding the domestic market – and not on opening up foreign markets – Juncker's efforts, and those of other world leaders, may be in vain....

Connected Content

Regions & Countries
Industries
Companies

Article Search

Copyright © Stratfor Enterprises, LLC. All rights reserved.

Stratfor Worldview

OUR COMMITMENT

To empower members to confidently understand and navigate a continuously changing and complex global environment.