BLKNSLVR 2 days ago Last half-sentence is the only valuable take-away:"a trade war of attrition is a loser for both countries"Neither side can "win", those not actively participating can't win either. It's a lose-lose-lose. Elephants and grass and all that. ZeroGravitas 2 days ago That's the standard take on generic trade wars.Trump's trade war is so chaotic and self-defeating China has a good chance of "winning", not just in the sense of doing better relative to the US, but of actual absolute improvement as people move towards China for stability.
ZeroGravitas 2 days ago That's the standard take on generic trade wars.Trump's trade war is so chaotic and self-defeating China has a good chance of "winning", not just in the sense of doing better relative to the US, but of actual absolute improvement as people move towards China for stability.
Last half-sentence is the only valuable take-away:
"a trade war of attrition is a loser for both countries"
Neither side can "win", those not actively participating can't win either. It's a lose-lose-lose. Elephants and grass and all that.
That's the standard take on generic trade wars.
Trump's trade war is so chaotic and self-defeating China has a good chance of "winning", not just in the sense of doing better relative to the US, but of actual absolute improvement as people move towards China for stability.