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> After Beijing sanctioned Lockheed Martin over its involvement in "Torpedoes for Taiwan", the CCP is following up with more economic attacks on American defense contractors, guaranteeing that the Chinese response, and its attendant economic impact, will be elevated to an important talking point and - more importantly - another risk factor for already-uneasy markets, struggling to digest the political uncertainty combined with new record numbers of COVID-19 cases in the US and Europe.

>> After Beijing sanctioned Lockheed Martin over its involvement in "Torpedoes for Taiwan", the CCP is following up with more economic attacks on American defense contractors, guaranteeing that the Chinese response, and its attendant economic impact, will be elevated to an important talking point and - more importantly - another risk factor for already-uneasy markets, struggling to digest the political uncertainty combined with new record numbers of COVID-19 cases in the US and Europe.

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[–] • 0 pt

How is this anything but 100% win for the USA? The Military Industrial Complex that supports the US military should have zero business dealings with China, the CCP or the PLA. I would consider any trade between China and Raytheon, Lockheed & Boeing to be borderline treason. Trade sanctions only have an effect when there was trade already happening. This is China imposing sanctions on trade that, IMO, should have been prohibited by policy and law to begin with.