You are here: Home > articles > Forex > The United States is preparing an announcement to China of the Cold War
The United States is preparing an announcement to China of the Cold War
August 2, 2018 12:21 amVideo
Latest News
- Will the euro manage to save itself? April 17, 2024
- Analysis for GBP/USD on April 16th. The pound should not count on support from Powell April 16, 2024
- Analysis for EUR/USD on April 16th. The southern trend has been put on pause for correction April 16, 2024
- USD/JPY: Simple trading tips for novice traders on April 16th (US session) April 16, 2024
- GBP/USD: Simple trading tips for novice traders on April 16th (US session) April 16, 2024
- Trading Signals for GBP/USD for April 16-18, 2024: buy above 1.2405 or 1.2450 (21 SMA – 0/8 Murray) April 16, 2024
- EUR/USD: Simple trading tips for novice traders on April 16th (US session) April 16, 2024
- AUD/USD: Australian dollar remains under pressure April 16, 2024
- GBP/USD: trading plan for the US session on April 16th (analysis of morning deals). The pound was quickly bought back around April 16, 2024
- Trading Signals for BITCOIN (BTC/USD) for April 16-18, 2024: buy above $62,500 (4/8 Murray – 21 SMA) April 16, 2024
- Technical Analysis – USDCAD blossoms ahead of central bank speeches April 16, 2024
- EUR/USD: trading plan for the US session on April 16th (analysis of morning deals). Fewer people are willing to sell euro April 16, 2024
- EUR/USD. April 16th. Bears continue to advance against the backdrop of strong US statistics April 16, 2024
- Euro, sterling extend weakness April 16, 2024
- GBP/USD. April 16th. British statistics didn’t capture traders’ attention April 16, 2024
- Technical Analysis – EURCHF ticks up after strong losses April 16, 2024
- Technical Analysis – JP 225 index tests crucial support zone April 16, 2024
- Market Comment – Stocks slide, dollar soars as rate cut bets take another hit April 16, 2024
- Forex forecast 04/16/2024: EUR/USD, USDX, Gold and SP500 from Sebastian Seliga April 16, 2024
- GBP/USD: trading tips for beginners for European session on April 16 April 16, 2024
The United States is preparing an announcement to China regarding the Cold War.
The US Congress is preparing to adopt a new law on defense (National Defense Authorization Act) for $ 716 billion a year.
According to congressmen, this time the law on defense will be clearly directed against China. Congressmen point to such threats from China: aggressive actions in the South China Sea, theft of advanced technologies in the US, and propaganda of “communist ideas” in the United States. As a threat along with China, congressmen mentioned Russia.
After the actions of the Trump Administration against China in trade, support for anti-Chinese actions in both major US parties is growing.
The US National Defense Strategy for 2018 (unclassified part) points to the main threat to the United States – the resumption of global rivalry for world leadership (as it was before the collapse of the USSR in 1991 – Makarov’s comment). The document says that China is carrying out an intensified military modernization and an aggressive economic policy while striving to expand the sphere of influence to subordinate the regions of the Indian and Pacific Ocean economically. Previously, the United States said that they would not allow one country to dominate the region – an explicit statement against China.
The new law on defense requires a sharp toughening of China’s access to advanced US technologies. This can affect a large number of US companies manufacturing their devices in China.
The bill requires limiting the influence of Chinese propaganda on the American media, cultural institutions, academic institutions, and business.
All this together is very similar to the attitude of the US to the USSR in the midst of the Cold War.
Conclusion: The US this law is ready to officially start a cold war with China.
The material has been provided by InstaForex Company – www.instaforex.com
Related Posts: