It is easy to despise Trump and his intellectual simplicity, his disdain for minorities and his verbal vulgarity. But his criticism of China is at least partly justified.
Second to Twitter, Trump’s rhetoric about trade is his most powerful weapon.
America should fully recognize that unilateral trade wars and making threats of extortion will mean that both sides lose out.
When the Trump administration finally does come to its senses and begins weighing the pros and cons, it will find that launching a trade war with China would be a losing proposition.
<i>A trade war between the United States and China would affect the global economy enormously, says Diego Marrero.</i>
The election of Donald Trump in the United States brought with it uncertainty; now, in the coming months, we will truly be able to measure the feasibility of his proposed measures. One of the [Read more]