Meanwhile, the benefits of American trade diversification and continued U.S. economic strength are giving the Trump administration the gift of time. This is the opposite of the conventional wisdom that China and president-for-life Xi Jingping have the advantage of waiting out President Trump, who supposedly needs a trade deal sometime before next year’s elections. It’s also quite different from the notion that the U.S. needs to “win” the trade war by getting major Chinese protectionist barriers removed.
In the end, simply looking out for U.S. security concerns above immediate economic benefits might have been the point of this trade war all along.
https://www.cnbc.com/2019/09/06/tariffs-are-no-longer-chinas-biggest-problem-in-the-trade-war.html
In the end, simply looking out for U.S. security concerns above immediate economic benefits might have been the point of this trade war all along.
https://www.cnbc.com/2019/09/06/tariffs-are-no-longer-chinas-biggest-problem-in-the-trade-war.html
