How does China beat Chinese before starting a trade battle

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In a religious film Prince ComeHero Westley, Vizzini, gives advice to kill viscely in a thoughtful battle. Vizzini should choose between two cups of wine that said Westley is poisoned. In fact, the Westley Cup is also poisoned, but he survived: he set up immunity to toxins for years. Westley, a long and careful preparation, won the WIT WITHOUT WITE.

Replace Xi Jinping for Westley and Donald Trump for Vizzi and this week gives more meaning to US-China trading talks in London. He was lying dead in the United States, but not far away. The parties agreed to a Comic vague frame An activity as it is in Donald Trump, who asks for sealing the United States’s captureis poorly poor.

It is not so good in the conversation. Beijing is a clear winner in this early shooting. Trump has now raised most of the extraordinary tariffs imposed by China since the inauguration ceremony. This time he received the return, promised to solve the restrictions on the exports of the exports allegedly by Kevin Hassett, who promised to raise restrictions on the exports of China on April 4.

As I recently writtenChina’s decision to reduce certain rare land minerals in April is more surgical damage than previous uneffectual scattering limits. Restrictions of the beginning of 2010 shaken Expansion of mineral production outside China and smuggled with illegal illegal miners and processors.

The last round of restrictions is focused on the less common “heavy” rare land elements such as a higher disprocosition, which are not large rival manufacturers and the control of large rivals outside China. Since 2010, Beijing was stuck in wild soil production and smuggling. The production is dominated by a small number of strong state, and applies to the “binary use” export license for products used in defense production. This makes the authorities easier to manage the supply chain.

The Chinese situation, of course, has its own problems with the judiciary and coordination. Rare Earth’s departments threaten the economy where Beijing is trying to remove the United States. European car producers voluntarily complained.

All of the recipients of rare places are risky, but China is slightly different between European companies and Americans. Suppliers to Volkswagen, which are more than 30 plants in China, were first in the first place to get a rare land. Beijing is able to clean the lower rod of the part of the Trump Administration’s powers, which is a slightly distanced part.

U.S. weapons, although huge, it is difficult to get accurate target. Just as the British trade deficit with the EU, the British consumer gave the English consumer, Trump’s highest capacity Brexit Gun, banned tariffs in China gave Beijing tariffs for heel.

Sticking to a traditional export-oriented growth model, the sensitive of China is undoubtedly sensitive, regardless of external demand. However, well-known Tariffs of Trump loses the main industrial entrances of US companies, as well as the potential discharge of consumer goods.

As for the attempts to use the export control over the US peculiar loss, its instruments were very easily overcame. Joe Biden’s leadership caused the same, based on the technological development of semiconductors and other sectors in terms of US technology and foreign investment, and other sectors.

Really didn’t work. China has rapidly developed its chip technology. Similarly, Trump’s latest restrictions are unlikely Export of chip program Will allow the United States to return we lost to China.

Trump’nın, a gas used in the chemical industry, to control the exports of Ethane, China’s attempt to fight critical physical entries is more than a gas used in the chemical industry damage his country Companies and allied ones. It still has some extremely powerful weapons, such as the United States still restricts access to the global dollar payment system, but it is unstable for their widespread use.

The victory in ignorance of the ignorant ignorant of Westley as a crisis is a really great moment in the cinema. If Trump wants to win the next round, he will have to evaluate the order at his disposal and place more accurately. History does not suggest that this is a probable result.

Alan.beattie@ft.com