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Timely Trump tariffs tax tech totally: 25 per cent levy on modems, fiber optics, networking gear, semiconductors…

Anonymous Coward
Anonymous Coward

Not exactly. Chinese labour is a lot less cheap than it was, which is part of the reason why companies like Xiaomi are expanding into India. I doubt that a Chinese engineering graduate in Shanghai feels worse off than one in, say, Houston - and neither is likely to be other than patriotic and uninterested in politics.

No, the problem is that Trump is risking war by trying to stop an Eastern country from modernising and expanding. The last time the US did this it was Japan, and that did not end well. The problem is that it left the US thinking they owned East Asia. The US is more like the Persian empire than the Roman, and the slow loss of the satrapies of Korea, Taiwan and the Philippines is not going down well. The rise of China and its dream of uniting the entire Eurasian region into one commercial unit in which it will be the largest power is probably inevitable, but Trump doesn't understand it and has no sensible plans to ameliorate the transition.

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