Tariffs 2.0: Trade-War Escalation Or Negotiating Tactic?
Is the president’s surprise announcement of massively higher duties on Chinese imports the start of a prolonged new trade war or a mere Trumpian negotiating tactic? If it is the latter, crashing stock markets are likely to rocket upward following the signing of a trade accord.This brief podcast suggests five reasons why Sunday’s tweet is likely to be just an extreme tactic, though the risk remains that one or both sides miscalculate how to quickly patch relations. Learn more about your ad choices. Visit megaphone.fm/adchoices