"We will fight this policies, if needed at the personal level, by selectively consuming products according to country of manufacture."
No. Nobody really does this. People mostly just buy stuff. Chinese will continue to be enamoured by iPhones. The only change will be any supply/demand function due to price.
2)
'Fair Trade' is not a relative issue.
If China does not respect foreign IP then nobody should respect China's IP. That would be 'fair'.
If China wants to control and invests in strategic winners then it's only fair that Europe and America do not allow those companies to sell into their economies without a big tariff.
It's also not 'fair' that China pollutes quite a lot, and does not have have basic worker protections. So 'fair' would be if the US and EU imposed tariffs for those externalities as well.
I don't like Trump, I don't think he really understands what he is doing - but effectively it's the right thing: 'fair trade' would ultimately for nations to be on equal terms.
So how about: all Chinese software outside of China is open source and they shouldn't have recourse on IP, and there should be tariffs to offset environmental/worker externalizations, state actors face tariffs, and Chinese purchase of external companies and assets are severely restricted.
That would be 'fair'.
That said, it would probably be in China's long term best interest to improve the IP situation, environmental and safety/worker issues, and to have less dependance on central planning. It's totally fine if China wants to 'make it's own' path, that's natural and positive. But all those things will yield long term benefit.
Trump I don't think is smart enough to put it this way - but the world should see his movements as an opportunity to address core and fundamental trade issues that we are facing, since the 'old order' is not going to work.
I hope that in the end they're able to sit down and work it out because there's plenty of room for compromise and it will be a win-win.
"We will fight this policies, if needed at the personal level, by selectively consuming products according to country of manufacture."
No. Nobody really does this. People mostly just buy stuff. Chinese will continue to be enamoured by iPhones. The only change will be any supply/demand function due to price.
2)
'Fair Trade' is not a relative issue.
If China does not respect foreign IP then nobody should respect China's IP. That would be 'fair'.
If China wants to control and invests in strategic winners then it's only fair that Europe and America do not allow those companies to sell into their economies without a big tariff.
It's also not 'fair' that China pollutes quite a lot, and does not have have basic worker protections. So 'fair' would be if the US and EU imposed tariffs for those externalities as well.
I don't like Trump, I don't think he really understands what he is doing - but effectively it's the right thing: 'fair trade' would ultimately for nations to be on equal terms.
So how about: all Chinese software outside of China is open source and they shouldn't have recourse on IP, and there should be tariffs to offset environmental/worker externalizations, state actors face tariffs, and Chinese purchase of external companies and assets are severely restricted.
That would be 'fair'.
That said, it would probably be in China's long term best interest to improve the IP situation, environmental and safety/worker issues, and to have less dependance on central planning. It's totally fine if China wants to 'make it's own' path, that's natural and positive. But all those things will yield long term benefit.
Trump I don't think is smart enough to put it this way - but the world should see his movements as an opportunity to address core and fundamental trade issues that we are facing, since the 'old order' is not going to work.
I hope that in the end they're able to sit down and work it out because there's plenty of room for compromise and it will be a win-win.