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0 pointsDalewyn1y ago0 comments

>The US put 100% tariffs on Chinese EVs and the rest of the Western/developed world are probably going to follow suit so…

Considering China, South Korea, and Japan just finished up a meeting which included moving forward with talks on a Free Trade Agreement in the face of American-led sanctions and tariffs...

It's going to be fun seeing just how effective American diplomacy and economic violence actually is nowadays.

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tooltalk1y ago

China, South Korea, and Japan really don't have the best diplomatic/trade relationship.

South Korea has in particular suffered a great deal undr China's economic coercion since THAAD in 2017 -- their global giants like Samsung, Hyundai lost over 90% of their sales in China and they have likewise removed much of their manufacturing footprint in China. Not all too sure they want to jeopadize otherwise collaborative relationship with friendly ally, the US, for a hostile trading bully next door, China.

DalewynOP1y ago

That's what I would think too, but meanwhile Japanese PM Kishida looked very happy about the meeting and moving forward with FTA talks. I have no clue as to how South Korea felt about it, though given this was a trilateral talk I would assume similar sentiments.

If that FTA does become a thing, the US will have lost before any hot war even began. May we live in fun times.

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