Monday, April 9, 2018

Here’s Why China Won’t Win “Trade War”

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Trump: “when you’re $500B down, you can’t lose” and add $300B in theft of intellectual property.  So with nearly a $TRILLION annual deficit with China, Trump added $50B in tariffs, China replied with $50B and Trump upped the ante another $100B yesterday.  China is defiant, but here’s why they can’t win a trade war.