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“This will establish areas where cooperation can overcome the current trust deficit.” “With Out access to China, and its rising commerce partners in Asia, massive American firms shall be severely affected, resulting in major long-term job losses,” mentioned Einar Tangen, a Beijing-based U.S. commentator on current affairs. But it could also be used as a strategic weapon in a warfare the place there are no winners. Economic exchanges can produce mutual welfare features, enjoying a optimistic role in stabilizing deterrence. With annual sales revenues of American corporations in China exceeding 700 billion dollars, secure financial and trade relations are a outstanding area of mutual profit. The incoming U.S. administration, whose priority is unity and healing a divided nation, ought to be respectful of China’s sense of national unity.
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