What Trade War Are We Having Will Determine What Happens To The Markets
- Either President Trump wants to be able to announce a victory, or we are witnessing the first innings of a hegemonic clash between the existing and rising superpower.
- If the first scenario is correct, we could have a deal pretty soon, which might still arrive in time to revive the markets before the rot sets in.
- If it’s the latter, we’ll see a gradual unwind of the US-Chinese integration and trade and we might witness the start of a new cold war.
Source: What Trade War Are We Having Will Determine What Happens To The Markets | Seeking Alpha
Tags: China · Trade