Interview with Mohammad Hossein Adib
Can this go on for years?
Adib: Yes, this could go on for years, as long as the United States accepts a point that Trump did not.
What did Trump not accept?
Adib: The globalization of the economy began in 2000, and compared to 2000, Chinese exports have increased ninefold and US exports only doubled.
what is the problem?
Adib: If China's economy follows this rule, China will soon become the world's first economic superpower, which means that the United States will become a second-rate economic power.
What does Trump think about this?
Adib: Trump has made it clear that he will not allow China to become the world's first economic superpower
What is Biden's view on this?
Adib: Democrats are no different from Republicans in this respect. Even the greatest US economists agree. Nobel laureate Paul Krugman says the US strategy should be to contain China.
Your assessment is that Trump failed to control China?
Adib: Trump is standing where Obama is now. Under Obama, the US current account deficit was largely funded by China. It is the same now. Nothing has changed.
That is to say, Trump's sharp speeches in this regard, which put an end to US dependence on Chinese currency, have had no effect?
Adib: It does not work and I employ precise words. With the help of statistics on the Economist site, which is the main reference for economists, it has not worked. A country with a different name from other countries must have approved the Economist statistics, the difference in this case is less than one percent, and this goes back to how the Economist site is calculated