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