Discussion of current events
3 posts • Page 1 of 1
Well put Sertorio. But the trade war is not meant to fix America's economic problems but to give Trump supporters the cheap thrill of knowing that the USA is still hairy-chested strong enough to push other countries around - unlike during the "weak" Obama administration.
An impossible task!
https://www.nytimes.com/2019/08/08/opin ... trade.html
If you want to understand the developing trade war with China, the first thing you need to realize is that nothing Donald Trump is doing makes sense. His views on trade are incoherent. His demands are incomprehensible. And he vastly overrates his ability to inflict damage on China while underrating the damage China can do in return.