Allison Ostrander – China Trade War Continues

from Financial Survival Network

Allison Ostrander of Simpler Trading returns… The trade war continues. China and the US are at an impasse. Regardless who’s right or wrong, a resolution is elusive. China is making a big bet that President Trump will be defeated. That’s what their election analysis team is telling them. If Joe Biden’s president they will obviously get a better deal. But this strategy comes with a risk, they may be wrong. And then the stakes will go much higher. Trump will up his demands and China will be left in a real pickle. Maybe the tariffs will go up to 50%.

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