This morning US President Joe Biden announced that because the US cannot compete against China so that the USA will now quadruple its 25% import duty on Chinese vehicles, steel, solar panels etc to 100%.
1. Clearly, that's NOT 'free trade' - it's 'protectionism'! 2. IMO it's real purpose is to $Feed the $Greed of Wall Street's billionaires and to protect US multination corproations from competition. 3. It adds to the USA's heavily protected and hideously expensive weapons sector including the submarines Australia's governments have contracted to buy for $365 Billion - a sector also competing against Russia and China. 4. It adds to bans the US has already applied to Chinese tech corporations and to those currently in US crosshairs. 5. ...
But there's MORE to this story - much more: a. The USA is pouring money and WMDs into the hands of Netanyahu's genocidal regime, enabling it to ethnically cleanse the Middle East of Palestinians so that thousands of wealthy Americans can purchase massive new 'settler properties' in what are Palestinian territories. b. The USA is pouring US WMDs and resources into Ukraine in its proxy war against Russia. c. The USA has already imposed 'sanctions' against Russia and as of today has announced it intends to steal whatever funds it can that Russia still has in foreign accounts which it can access - thereby shredding international rule of LAW. d. The USA is bristling for a fight with China over Taiwan as it pours US WMDs into Taiwan, expands its naval influence throughout SE Asia and expands its cyber-spying out of Australia. e. The USA is blocking all actions which do not promote US interests in international forums and bullying both then ICC and the ICJ to prevent them from even considering complaints levelled again the USA and Netanyahu's genocidal regime. f. ...
Scratch your head, assemble the bits and what do such matters combined together indicate to you?
