Smart point:
Reposted from
Kevin Hjortshøj O’Rourke
China’s response is not the start of a global trade war since it only targets the USA. It is how you would expect a major player to respond. This is not the global economy breaking down, it is not the 1930s, it is not the formation of multiple imperial blocs, it is the US isolating itself.
Comments
Trump’s tariffs are going to hit workers hard for the next decade.
https://www.thestreet.com/retirement-daily/retirement-research/2008-financial-crisis-continues-to-impact-the-lower-middle-class