We’ve lived so long under the spell of hierarchy—from god-kings to feudal lords to party bosses—that only recently have we awakened to see not only that “regular” citizens have the capacity for self-governance, but that without their engagement our huge global crises cannot be addressed. The changes needed for human society simply to survive, let alone thrive, are so profound that the only way we will move toward them is if we ourselves, regular citizens, feel meaningful ownership of solutions through direct engagement. Our problems are too big, interrelated, and pervasive to yield to directives from on high.
—Frances Moore Lapp√©, excerpt from Time for Progressives to Grow Up

Friday, July 6, 2018

Trump fires opening shot in trade war against China

Click here to access article by Nick Beams from World Socialist Web Site

This Australian socialist not only announces the launch of the US trade war against China, but explains some of the major economic impacts this will have on Western companies doing business with China, and in China. Where this war will end is generating much controversy worldwide. I guess we should be grateful that it is an economic war and not a nuclear war. However, there will likely be serious adverse consequences for ordinary people throughout the globe. Could this be a last desperate act to maintain the US Empire's hegemony over the rest of the world? Stay tuned and informed by using independent honest and reliable sources.
The Trump administration has gone ahead with its threat to impose tariffs on China under section 301 of the 1974 US Trade Act, imposing levies on $34 billion worth of Chinese goods from midnight, with a further $16 billion to be targeted in the near future.

The action is the first shot in a direct trade war against China, with President Donald Trump telling reporters yesterday that more is to come.

Pointing to the inevitability of escalation, Robert Holleyman, former deputy US trade representative in the Obama administration, said: “Once these tariffs start going into effect, it’s pretty clear the conflict is real. If we don’t find an exit ramp, this will accelerate like a snowball going down a hill.”

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