It seems Trump have recently mellowed a little on China. The strongest economic and military power in East Asia is central to the business interests of the uncoming US President's friend, billionaire Elon Musk. The latter will also have a role in the administration as soon as Trump takes office.
In the meanwhile, two weeks before Biden leaves office, The US State Department has informed Congress of a planned $ 8 billion weapons sale to Israel. The weapons package would add to a record of at least $ 17.9 in military aid that the US has provided Israel since the beginning of the war in Gaza on the 7th October, 2023.
Last year Professor Emeritus of political sociology at Sonoma State University, Peter Phillips, wrote: "It is in the self-interest of the weapons makers to lobby their governments for the continuation of high level of military spending on weapons, using deterrence as a false rationale".
Giorgio, I, speaking of U.S.-China relations, I hope that President Donald Trump will not give up on investigating what the coronavirus causing Covid19 disease really was...
ReplyDeleteGiorgio, my good friend, I on the occasion of today's Epiphany, I wish you all the best!
Dear Anna, I wish the same to you :-)
DeleteUnless you live in the US, no one knows how really bead it is here.
ReplyDeleteI don't live in the US, as you mentioned. But since early June last year I have met dozens of Americans (from Miami, Minneapolis, Phoenix, San Diego, etc.) for job. This gave me the opportunity to listen and understand many things about United States' politics and economics. I know exactly how many American companies, such as Locked Martin, Boeing, Raytheon and others, are involved in war and international weapons trade. The main reason for such extreme levels of US military spending is that the country's weapons industry is privatized.
DeleteBy contrast, Italy's largest weapons manufacturer, Leonardo SpA, is state-run by more than 62% of its shares. Russia and China's weapons makers are owned by the state.
According to OpenSecrets, the US weapons industry spent $ 126.5 million on lobbying in 2022 to ensure their share of the US lucrative annual budget for military spending.
It’s clear that the geopolitical landscape is shifting rapidly. Trump's recent softening on China could be seen as a strategic move, especially considering Elon Musk's significant business interests in the region. Musk's role in the upcoming administration might influence various policies, including those related to technology and efficiency
ReplyDeleteEs muy interesante el poder siempre marca ese escenario. Te mando un beso.
ReplyDelete... the world waits to see what will happen after 20th January!
ReplyDeleteAll the best Jan
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ReplyDeleteUnfortunately, I don't know enough about it to say anything about it.
Wish you a very nice evening. :)