America Needs A Total Embargo On China.

In a re-run of the Black Ships, but without the gunboat diplomacy, Nixon “opened up” China to the World. As an American politician said of Japan at the dawn of the 20th Century “We knocked the door to come in, and instead they came out!”.

Whereas Japan also shrugged off the Shogunate and adopted a Parliamentary, democratic system of Constitutional Monarchy, China’s CCP maintained its dictatorial monopoly of power.

Since being wrongly admitted to the WTO, China has been succeeding where the USSR failed: China is selling America the rope with which they are hanging us.

Time to turn the tables.

China dominates world value-add through manufacturing at 32%, whereas America has financialized its manufacturing base to “achieve” only 15% of global manufacturing. But the USA is the biggest consumer of value-add, at 29% vs China’s 12%.

This is America’s opportunity in disguise: embargo China back into the 1950s. Every ratchet in tariffs that America imposes on China’s exports (whether direct or indirect) will trigger a response from China, because “face“.

In this war of attrition, America has the big guns. China will implode without exports to America. The key is for America to apply tariffs to all imports as US and foreign corporations shift from Chinese production to other low-cost nations. Follow the money.

Will there be pain for America? Of course. But the benefits will be immense. More high value jobs, better wages, more investment.