April 13, 2025

Trade War - Who Will Come Out Ahead?

It's complicated as the actress said to the bishop; but I cannot see how the US comes out ahead in its trade war with China. The US risks irretrievably damaging its reputation, and damaging its own economy. 

China can get by without dealing with the US, after all, it isn't putting up trade barriers to the rest of the world, and it has over a billion consumers at home. On the subject of the US trying to convince South-East Asian countries to put up trade barriers with China, remember JD Vance called the Chinese a bunch of peasants. That won't have gone down well, so I don't see Asia as a region siding with the US on this. They'll sit on the fence, or choose China - for now.

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