You seem to forget that the EU and China are starting to mingle; and that China is heavily involved in Africa et al via the Belt&Road Initiative.
Obviously everyone gets hurt in it a trade war, that’s why it’s called a war. But the the long term outlook for China is significantly better than America’s - they will win a war of attrition.
China is also doing their due diligence. Tit-for-tat is the most effective negotiation strategy, you will not beat physics, and they understand this.
The craziest part is that both America and China were benefiting immensely off of the status quo, considering they were the #1 and #2 richest countries on the planet. But since the least qualified person on the planet to handle money (Trump) has unregulated power, it has all gone to shit.
Is America the only country on the planet?
You seem to forget that the EU and China are starting to mingle; and that China is heavily involved in Africa et al via the Belt&Road Initiative.
Obviously everyone gets hurt in it a trade war, that’s why it’s called a war. But the the long term outlook for China is significantly better than America’s - they will win a war of attrition.
China is also doing their due diligence. Tit-for-tat is the most effective negotiation strategy, you will not beat physics, and they understand this.
The craziest part is that both America and China were benefiting immensely off of the status quo, considering they were the #1 and #2 richest countries on the planet. But since the least qualified person on the planet to handle money (Trump) has unregulated power, it has all gone to shit.
Don’t be shitty