Democrats and the media have been touting gloom and doom for the United States over President Donald Trump’s trade war with China. Some have even been predicting the trade war could lead to a military war with China or cause global economic chaos and disaster. They would prefer that the US continue fill foreign bank accounts instead of profiting American businesses.
Trump is the first president to stand up for America in a long time and it seems his trade tariffs, designed to make America great again are causing internal problems for China’s Communist Party.
(ZeroHedge) – Over the weekend, Trump claimed on Twitter that the US is winning the trade war with China for one simple reason: whereas US stocks are back to all time highs, the Chinese market has tumbled and remains mired in a bear market. Now, another – less naive – indication has emerged suggesting that the US is indeed getting the upper hand in the ongoing trade feud: according to Reuters, the trade war with the United States is “causing rifts” within China’s Communist Party, with some critics saying that China’s overly nationalistic stance “may have hardened the U.S. position.”
While China’s President Xi still retains his undisputed grip on power, some have noted an unusual surge of criticism about economic policy and how the government has handled the trade war, revealing “rare cracks in the ruling Communist Party.” Specifically, Reuters notes that the backlash is being felt at the highest levels of the government, hitting a close aide to Xi, his ideology chief and strategist Wang Huning.
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Wang, a prominent and influential academic, has recently also come under attack for his strident views on Chinese power: the architect of the “China Dream”, Xi’s vision for China to become a strong and prosperous nation, Wang has been taken to task by the Chinese leader for crafting an excessively nationalistic image for the country, which has only provoked the United States, the sources said.
“He’s in trouble for mishandling the propaganda and hyping up China too much,” said one of the sources, who has ties to China’s leadership and propaganda system…
The question is, will the rift or fracturing within China’s Communist Party cause a complete change in the ruling of the world’s most populous communist country or will it just fizzle out with a possible replacement of a few people? Either way, it’s apparent that Trump’s tariffs are working, if they are creating this kind of internal problem for China.