- We are now entering the seriously ‘lose-lose’ part of the trade war, where economic rationality has gone out of the window and parties dig in.
- While the damage accumulates and is nearing a tipping point, which party is going to blink first is determined by politics.
- China has the advantage in that department, and it hasn’t even used its killer weapon much.
- This isn’t going to end well.
Trade Wars Are Easy To Lose
September 1st, 2019 · No Comments