Victory or defeat in wars always brings the same result: destruction, It’s pointless to become the leading economy in a sinking world." in a context of US-Sino tariff war that will potentially spur the global trade war. But apparently, US is only protecting her domestic industry from the Chinese aggressive invasion. Is it true there is no other choice? So will it be possible to have a middle ground? As an economist, what do you see from this conflict?
"Victory or defeat in wars always brings the same result: destruction, It’s pointless to become the leading economy in a sinking world."
in a context of US-Sino tariff war that will potentially spur the global trade war. But apparently, US is only protecting her domestic industry from the Chinese aggressive invasion.
Is it true there is no other choice? So will it be possible to have a middle ground? As an economist, what do you see from this conflict?
The US-China exchange war saw a remarkable scene of proportional duty increments between the world's two biggest economies. Following a progression of multilateral taxes in mid-2018, the Trump organization expanded levies on imports from China in a few phases and pretty much every item class.
Step by step
Solved in 2 steps
