If there was only the USA and China in the game, then you'd have a good point.
Hello from Europe. The USA is also currently in a trade war with us.
So lets look at how the economies stack up.
USA GDP - $19.4 trillion
EU GDP - $18.5 trillion
China GDP - $12.2 trillion
Which trade war might be having more effect and which could end up with more economic blowback? Also, might this push China and the EU to make a temporary economic pact? Combined they haul a lot more economic weight than the USA.
And despite all that the economy is doing as great as it is.
Think about that.
Not sure why you don't think I have a point. Europe is the same problem. They've been having a good deal with the US, now Trump want the juices to flow both ways.
He is re-negotiating all the deals, thats what he ran on and he actually do what he says. I support that fully.
The problem is that you don't actually do the full analysis of this an just stop at tradwars. Look at the bigger picture and you will se there is much sense to Trumps goal.
Hello from Europe. The USA is also currently in a trade war with us.
So lets look at how the economies stack up.
USA GDP - $19.4 trillion
EU GDP - $18.5 trillion
China GDP - $12.2 trillion
Which trade war might be having more effect and which could end up with more economic blowback? Also, might this push China and the EU to make a temporary economic pact? Combined they haul a lot more economic weight than the USA.
edit - apparently, Trump is also starting a trade war with Japan, for reasons - https://www.businessinsider.com/trumps-trade-war-has-a-new-t...
Japan GDP - $4.9 trillion