US-China Trade War, Kim-Trump Summit Collapse, Factional Splits Within America’s Elites
NOVANEWS
By Dr. Jack Rasmus
Global Research
In previous print articles I argued there were three groups contending for control of US trade negotiations with China: big bankers and multinational corporations in the US primarily concerned with obtaining deeper access and penetration of China markets; the US defense-war faction concerned with China technology transfer involving nextgen technologies (5G, AI, cybersecurity) that have deep military implications; and Trump who is concerned mostly with pandering to his US domestic political base and getting some kind of China-US trade deficit reduction (preferably big increase in China purchase of US goods) that he can then exaggerate and pump up politically to show his domestic political base in the red states that his ‘economic nati...
