Victor Davis Hanson: Europe, You Can’t Sit on the Sidelines Anymore

Which side will Europe take in a China-U.S. trade war?

Of all the scenarios facing Europe right now vis-à-vis their relationship United States and China, their best option would be to side with the U.S., argues Victor Davis Hanson on today’s “Victor Davis Hanson: In His Own Words.”

“The third scenario is what I would suggest for the Europeans. They should say the following:

“‘Despite our disagreements with the Trump administration, the United States is an ally. And we know that we have been as victimized by Chinese mercantilism, high tariffs, cheating on patents, copyrights, dumping, financial money manipulation—all the things the United States complains about, we do too. In fact, we as Europeans in a whole have about the same deficit with China as the United States does. So, we are kindred spirits. So, what we will do is, even though we have disagreements on our surplus with the United States and their efforts to reduce it, we will ally with the United States.’

“And that would represent about two-thirds of China's total trade action or monetary value.

00:00 Introduction to Trade Wars
00:50 Current Tariff Situation
01:37 Europe's Position and Choices
02:02 China's Trade Deficit and Strategy
03:11 Potential European Responses
03:28 Recommended European Strategy
05:58 Conclusion and Final Thoughts

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#tradewar #China #Tariffs #dailysignal #Trade #victordavishanson #Europe

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