Trump is apparently considering cutting tariffs on China, likely down to between 50% and 65%, to ease tensions, per WSJ.
Implications:
- This game of chicken now has a winner
- Countries that cowered (e.g. Vietnam) will feel stupid
- Those on the fence are likelier to fight it out longer
Implications:
- This game of chicken now has a winner
- Countries that cowered (e.g. Vietnam) will feel stupid
- Those on the fence are likelier to fight it out longer
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