The Advantages of China in the U.S. Trade War

Beschreibung

The U.S.-China trade war is heating up since the new tariffs of another US$200 billion on Chinese goods. Though Donald Trump seems to do everything right to fix the trade deficit, trade is not a zero-sum game and, actually, not a game at all. If it were, #China would be in advantage to play the long game as the global economic power is inevitably shifting to China, surpassing the U.S. economy by late 2020s.