3 ms·
We are quite far from a real trade war. Right now it's still more of a civilized sparring.
by the_duke 7y ago
We are quite far from a real trade war.
Right now it's still more of a civilized sparring.
- natch 7y ago“rapidly escalating”
- lovedva 7y agoA real trade war would be devastating for China both economically and politically. Imagine this 300m workers having nothing to do all day but also no income to buy the rice to feed their families. The rest of the world could easily get by by moving production lines and factories to Vietnam and Indonesia and South America, etc, while paying a flat “tax” in increased prices across the board for cheap products.