Why forcing countries to choose sides in a trade war could benefit China, not the US
Sunday, 15 April 2018 In a China-US trade war, many countries around the world would come under pressure to take sides. We pray it does not come to this. But let’s say it does. Whose side will they take? Even five years ago, that question would have been a no-brainer – the US, by a mile. But today? The answer would be trickier, and not at all comforting to US consumers, companies or the trade war battle team assembled around the White House. To help gauge an answer, I looked at the world’s top 20...
· *President Donald Trump and China have been engaged in a tense trade war for over five months.*
· *Both sides recently increased tariff threats. *
·... Business Insider - BusinessAlso reported by •Proactive Investors •CBS News
China on Wednesday announced that it will slap additional 25 per cent tariff on $16 billion worth of US products in retaliation to Washington's latest round of... Sify - IndiaAlso reported by •Business Insider •Energy Daily •CBS News