Daniel R. Joseph returns… Just when you thought it was safe to import goods from China to the US, the negotiations collapse and Trump imposes further tariffs. The trade war is in full bloom, but who needs whom more? Without US exports Dan believes that China’s GDP could decline by 1.5% or more. The US on the other hand may decline .5%. Who wins in this scenario? Dan, who lived in China and has written about it for many years, believes that the war could continue on for quite a while. And then perhaps there won’t be any winners.
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