(In the “enhanced” Silent Revolution Of Truth Compilation Edition, the free PDF book: Download and read Zbigniew Brzezinski advocating that all kinds of tricks should be used to pull China away from Russia, pages 1409 and 1410. Foretold decades ago. Note: Use the page number display located at top right to find the correct page. UPDATED, PDF Format – Links: Book Summary | and Download Book )
RT – March 23, 2018: Donald Trump’s economic adviser has a suggestion as to how China can avoid more tariffs on its goods – buy more liquefied natural gas (LNG) from America.
“China needs to import very, very large amounts of LNG and, from their point, it would be very logical to import more of it from us, if for no reason other than to diversify their sources of supply,” said US Secretary of Commerce Wilbur Ross in an interview with Bloomberg. “It would also have the side effect of reducing the deficit.”
On Thursday, Trump slapped China with $60 billion in tariffs on imports, adding that “this is the first of many” trade actions, as he signed the memo. The US trade deficit with China stood at $375 billion in 2017. A lot of the imported goods are from American manufacturers, who send raw materials to China due to cheap labor. When the goods are shipped back to the US, they are considered imports in the trade balance.
However, Washington’s demand for China to buy more American gas is unlikely to cut the deficit, according to a Bloomberg-polled analyst Anastacia Dialynas. Beijing has commitments with other countries, and only 40 million tons of China’s 2030 imports aren’t already under contract, which accounts only for $13.5 billion at current prices.