As I said soooooo many times here ...China has the upper hand and China will win the trade war. Today is proof that trump is giving China the upper hand..
Trump just blinked, giving China a possible edge in trade war, Jim Chanos and others say
In backing off on China tariffs Tuesday, President Donald Trump showed just how much pain the U.S. could tolerate — and China may use that to its advantage, key voices on Wall Street say.
Markets rallied on the announcement by the U.S. Trade Representative office that certain items were being removed from the new tariff list, while duties on others would be delayed until mid-December.
https://www.cnbc.com/2019/08/13/tru...-edge-in-trade-war-jim-chanos-others-say.html
Trump just blinked, giving China a possible edge in trade war, Jim Chanos and others say
In backing off on China tariffs Tuesday, President Donald Trump showed just how much pain the U.S. could tolerate — and China may use that to its advantage, key voices on Wall Street say.
Markets rallied on the announcement by the U.S. Trade Representative office that certain items were being removed from the new tariff list, while duties on others would be delayed until mid-December.
https://www.cnbc.com/2019/08/13/tru...-edge-in-trade-war-jim-chanos-others-say.html