China-Babylonianism: The Beast and Ten Kings
Close the deficit. Most can and it’s that they choose not to.
Example Vietnam has a 1) trade deficit with China, 2) has 0% tariffs with China, and 3) this allows for the trade rerouting or transshipment to occur. Between 16-30% of all Vietnamese exports to the United States are rerouted and originally from China.
If countries want a fair system, align w…