We've advanced from the New Protocols to the Mutual Blockade πŸ™ƒ πŸ™ƒ πŸ™ƒ
Reposted from Judah Grunstein
Lots to process right now, but rather than tariffs or trade war, I think it's more accurate to say that the US and China are imposing mutual blockades on each other's goods.

One underpriced scenario is the return of smuggling as a major component of trade, as during Napoleon's Continental System.

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