4 ms·
China fires back at US with tariff hike on goods worth $60 bn
- Gys 7y agoI think China realized their horizon is much longer then the term of office of Trump. They could even argue that for the short term (election is in 1.5 year ?) a trade war, resulting a worldwide economy slowdown, might hurt Trump personally more then China. A next president might be in office sooner (no re-election of Trump) and be easier to negotiate with.