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chinatrade
Jeffrey Tucker

No One Wins a Trade War

The results of this war are as follows. US consumers get to pay more for imports from China. American companies lose markets as Chinese consumers and importers turn to other countries to provide wines, pork, and fruit. And this is only round one. The financial markets have suffered a terrible quarter one, just as all this interventionist rhetoric picked up steam. We are doing ourselves no favors here. This is not how a nation becomes great again.

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