Tariff Man Strikes Again
- There are compelling reasons to assume that the U.S. goals in the trade dispute with China go way beyond just trade.
- The real goal is likely to slow the economic and technological rise of its main economic rival.
- With this becoming clearer and with recent escalations, there is no easy way out and the Trump put supporting the markets is fast deflating.
- Opening up a second front with Mexico is only going to compound the situation; this could very well reach a tipping point where sentiment and reduced growth feed one another.
Source: Tariff Man Strikes Again | Seeking Alpha
Tags: China · Trade