The U.S.-China trade war is escalting again and where do we go from here?

In our view the U.S.-Chinese trade war is anything but a little squabble. China has been running an economic war against the industrial democracies for nearly 22 years. When eventually companies stopped making money people realized what made in China 2025, one belt, one road, and Huawei's 5G rollout is part of their overall master plan to become an economic superpower. This is why the 180-220 page trade contract was not really about the trade aspects, it was not about how many soybeans they are going to buy from us. Where the rubber meets the road is that the fundamental parts were to go into a deep verticals of the Chinese-state capitalism and demand transparency and accountability that we would demand monitoring and enforcement. That is why when the Chinese finally woke up after 10 months of negotiating with President Trump and Robert Lighthizer . They refused and walked away from the deal because they realized they were running an economic war and that this was not a trade deal. This was mainly a truce in an economic war and they were not prepared to make a true trade deal. This is not a front page business story. This is the U.S.'s defining moment in history but it is taking place in real-time. It is probably the most significant situation that any U.S. President has ever faced. This issue gets to the core of what the United States will be like in the future and what our Geo-strategic relationship with China will be like.The last 25 years did not work for working class people whether people are in Ohio, Michigan, Wisconsin, or if they are in Germany. I believe that this could be a win-win for both countries. The system that China has especially the slave labor that they have now in the Chinese population. You cannot possible have this totalitarian surveillance state cannot exist with all the other countries that have industrial democracies. What I believe President Trump is trying to do is bring China into the world system. This problem is that we allowed Wall Street and corporations to create a system that worked for them but did not work for working class people. This is why Donald Trump is President of the United States and is against sending our factories to China and the loss of jobs in the U.S. which was started by President Clinton.The Chinese Business model cannot continue and it will not continue. You can stop it by stopping forced technology transfer's which are allowing intellectual property and industrial espionage to stop and to stop financing it. We have full capabilities in the west to stop this right now and help China to evolve into a real industrial power with rules which is based upon the rule of law and everything that they have agreed to for the last 25 years but have not done. Just worth mentioning that the fear was that the U.S. stock market would implode and that the U.S. economy did not implode. In fact with President Trump's trade policies we are actually getting a boost from trade import prices are dropping and employment is up.So what was China walking away from it was the detail's that Lighthizer had in this agreement which contained real-time monitoring and enforcement. This was to be put into Chinese law. So they could notre-trade this agreement, they could not re-trade the President and could not re-trade the United States. So the way you have to do this is to just do it, you cut off the Technology and stop the forced technology transfers. You have to stop the retaliation against companies that have their Technology stolen. Most importantly you have to stop the free-flow of capital into China from Wall Street. You just stop Technology transfer and then you have them play by the rules that they already agreed to. It will be a transitional period, but when China comes out of this they will join us as an industrial power.President Donald Trump is showing tremendous leadership because it would have been easy to make a trade-deal. The President has a strategic plan that cuts to the core of what the world economy is going to look like and plays to working class people. Whether the people are in Germany, England, or the United States. I believe that the trade war needs to be discussed between principal's face to faceand there is no chance that Donald Trump will back down from this because I think he is looking at the good of the people on a global-basis. I think this is going to set the framework for the 2020 election. The two leader's need to start a process of talking because this negotiating is going to take a long-time and it is not going to happen at the G-20. The difference's here are to fundamentals.China needs to enter the modern world trading system.Thank You,John C.Verducci 111