No I’m saying this is the dumbest trade war and even the possible positive outcomes, that are years away at best, are not worth the loss in the US’s global trade influence.
It took less than a month to alienate a market the US has been trying to crack for decades, piss off every ally, and make the rising capability of China even more attractive to basically everyone. If only as a lever to pressure future US deals.
There are no short or long term national benefits to any of the tarrif bullying Trump has been attempting and the medium term ones are speculative.
No I’m saying this is the dumbest trade war and even the possible positive outcomes, that are years away at best, are not worth the loss in the US’s global trade influence.
It took less than a month to alienate a market the US has been trying to crack for decades, piss off every ally, and make the rising capability of China even more attractive to basically everyone. If only as a lever to pressure future US deals.
There are no short or long term national benefits to any of the tarrif bullying Trump has been attempting and the medium term ones are speculative.