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I’m guessing multiple governments are trying to come up with some sort of a deal that resembles it. It just feels like China is going to be the sole winner in t
by tokioyoyo 2y ago
I’m guessing multiple governments are trying to come up with some sort of a deal that resembles it. It just feels like China is going to be the sole winner in the end, as that’s they’re the only partner that is strong enough against US when it comes to trade.
- mytailorisrich 2y agoThe US trade more with the EU (both exports and imports) than with China, and it is fairly balanced. So actually this is the trade war nobody wants. On the other hand the US import a lot from China but export much less so they can hurt China more (but balanced with the fact that this would probably hurt US consumers more as well). Hence we've seen that the Chinese response to Trump has been minimal.
- watwut 2y agoSomebody wants that trade war and started it.
- ben_w 2y agoThe EU, the US, and China are all similar sized GDPs, and which one is on top depends if you measure with nominal or PPP dollars. From Wikipedia: EU: $20T nominal, $29T PPP China: $19.5T nominal, $39.4T PPP US: $30.3T (nominal == PPP by definition)