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Not sure there will still be a trade war during the election. The world is no longer composed of warehouse economies that can hold out indefinitely in the face
by bilbo0s 7y ago
Not sure there will still be a trade war during the election. The world is no longer composed of warehouse economies that can hold out indefinitely in the face of war, disease, sanctions, etc, come what may. Either China will give, we will give, or China and the US will go their separate ways. Way too risky for the Chinese to try to bank on a new president, or a new president after that, or etc etc etc. See sawing back and forth between normal trade and no trade and never knowing where you're gonna stand in 4 years.
Better for them, game theoretically, to do exactly what they're doing. Either bring Trump to the table, or fail and look to their own markets.