For China, President Donald Trump’s use of the term “G2” is an acknowledgment of its growing power. But for U.S. allies, it raises fears they could be cut out of decision-making.
And US needing China’s material is only true because the US is at late stage capitalism where we rely on the cheapest country labor for imports.
We’re the 2nd largest producer, and have new projects underway to surpass China… But we have to actually spend the money and time to do so, and most companies would rather not pay US wages.
And US needing China’s material is only true because the US is at late stage capitalism where we rely on the cheapest country labor for imports.
We’re the 2nd largest producer, and have new projects underway to surpass China… But we have to actually spend the money and time to do so, and most companies would rather not pay US wages.